QR Code Press

Google wants its mobile wallet to be usable as bus fare

11/17/202311/16/2023 John Montgallo

Mobile wallet - Paying bus fare with smartphone

The tech giant is aiming to make it possible for more commuters to add digital transit passes to the app. Google is working to help commuters using transit systems in a growing number of locations to add their passes to their mobile wallet instead of having to carry a physical card. The company recently posted a blog discussing the way it wanted to combine the app with this service. Google has been watching the increasing trend in the use of mobile wallet apps and contactless technology for transactions of all…

The Internet of Things is changing the way payments are transacted

11/06/202311/03/2023 Jorge Gonzalez

Internet of Things - Mobile payments IOT

Smart payments and the way they take place is a rapidly evolving ecosystem that isn’t slowing down. The Internet of Things (IoT) is providing enhancements to the entire world in which we live through a rapidly growing spectrum of connected items in our lives. A substantial component of this IoT trend has to do with being able to complete smart payments. Though it feels as though it wasn’t all that long ago that smart payments first came into existence, and for many people, the idea of using wearable technology to…

Tech giants play a substantial role in mobile wallets innovation and competition

09/22/202309/21/2023 Stephanie Beck

Apple and Google were considerable players in establishing tap-to-pay regulations and technology. A new Consumer Financial Protection Bureau (CFPB) report has placed the spotlight on the way mobile wallets are impacted by the policies and practices of tech giants. This is particularly true when it comes to the way that smartphones and wearables are used to transact. For instance, Apple currently has a ban on bank and payment apps from being able to access the Apple iOS device tap-to-pay functionality, setting fees for mobile wallets through Apple Pay. On the…

Google Wallet is finally adding QR code scans for payments

06/30/202306/29/2023 John Montgallo

Users of phones without NFC technology will now be able to use the app to complete purchases. Google Wallet has announced that it will be letting users without near field communication (NFC) technology-enabled phones to use QR code scans to make payments instead. This will make it much easier for users without NFC to be able to make mobile payments. By using a QR code, users will be able to simply scan the barcode a merchant displays. All that is needed is their smartphone camera (and the Google Wallet app).…

PhonePe mobile payments company gets $200 million investment from Walmart

03/27/202303/24/2023 Jorge Gonzalez

The Indian company raised the funds as a component of an ongoing round. PhonePe, a mobile payments giant from India, has announced that an investment from Walmart has brought it another $200 million in funding as a part of an ongoing round that has already helped it bring in $650 million. The funding has arrived regardless of the economic downturn. PhonePe has been bringing in funds too help build itself up in the face of its upcoming separation from Flipkart, its parent company. Walmart already owns the majority of the…