Tag: mobile payments

Bill payments increasingly common through mobile wallets

L. Green
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

L. Green
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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Google wants its mobile wallet to be usable as bus fare

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…

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QR code payment tests in Singapore make transactions easier for merchants

John Montgallo
QR code - Merchant mobile payments - Singapore Flag

A new system in the country uses one operator to accept 23 different payment methods. Merchants in Singapore will soon be able to use a single QR code to be able to accept nearly two dozen different digital payment methods in a trial starting this week through the central bank. Stores have been promised that the new system will reduce hassle for them and for their customers. With a rapidly growing number of apps and mobile wallets, merchants are finding it difficult – or even impossible – to accept them…

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Goa, India police use QR code to bust international human trafficking ring

Stephanie Beck
QR Code - Human Trafficking - Goa

The investigators used the quick response codes to be used by clients for payments that were traceable. UPI has gained massive popularity in mobile payments, to the point that it could be used for crime busting by providing QR codes to clients of human trafficking. The massive network was based in Goa, India, but was being operated out of Kenya. The police chose this method of tracking because the QR code/UPI mobile payment is typically completed during an early transaction stage, stopping clients from being able to get out of…

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