Amazon dumps major mobile commerce “just walk out” in-person shopping feature

Mobile commerce - Amazon feature Cancelled

The online marketplace and tech giant is killing off its feature letting shoppers simply leave grocery stores. Amazon built a tremendous amount of hype around the mobile commerce feature at its in-person grocery stores, which let people “just walk out” and still pay for their purchases. How did the system work? The idea was that people could enter the store and scan their payment method, choose their items, bag them up and simply leave without having to go through a checkout counter. It appears that as hyped as the system…

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Japan and ASEAN plan QR code mobile payments integration

QR code - Mobile Transactions - ASEAN Logo

The Association of Southeast Asian Nations and Japan intend to unify their systems next year Beginning next year, the Association of Southeast Asian Nations (ASEAN) and Japan intend to combine their QR code mobile payment systems to streamline transactions and skip currency exchange requirements. This strategy will be particularly beneficial to tourists moving throughout the region. This strategy was announced by the Ministry of Economy, Trade and Industry in Japan (METI), and the Vietnam News Agency (VNA). Its purpose is to make spending a smoother experience throughout the regions. METI…

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Bill payments increasingly common through mobile wallets

Mobile wallets - Paying a bill

A recent study showed that one in five consumers make auto loan payments in this way Consumers are getting on board with mobile wallets to an increasing degree, not only for making purchases in store, but also for a range of other types of transactions. Convenience makes them popular Among the advantages consumers are enjoying the most about using mobile wallets for a spectrum of applications is that they can use them for managing their finances and for storing sensitive personal identification information, among other data. A recent PYMNTS survey…

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Google is killing its Google Pay mobile wallet app

Mobile wallet - Image of Google Search Screen

The tech giant announced that users in the United States will lose access to the app on June 4, 2024. Google has announced that it intends to terminate another application, which will this time take the form of its Google Pay mobile wallet app. The company said the move is a part of its strategy to simplify payment options Users in the United States will stop being able to use the mobile wallet application as of June 4, 2024. Google is aiming to shift Google Pay users over to Google…

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Paytm mobile payments warned told that complying to regulations is not “optional”

Mobile payments - Breaking Rules - India

The popular service was found to have failed to comply with the law in India, where it is popular. Popular mobile payments service provider, Paytm Payments Bank, is at the heart of a controversy in India, where it is highly popular. The company has been accused of failing to realize the need to comply with legal regulations. Union minister Rajeev Chandrasekhar said no company can get away with such actions. The union minister was making reference to the Reserve Bank of India’s regulatory action on the mobile payments and financial…

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