Tag Archives: Mobile wallets

Using mobile phone

It takes more than just a cute app

Innovations in mobile payment systems are rapidly changing consumer payment behaviours, creating opportunities for non-banking players to enter the digital payments industry. The global tech giants, Google, Amazon, Facebook and Apple, in particular, are utilizing their formidable market reach and consumer behaviour know-how to reshape consumer expectations and the digital payments landscape. Millennials and Gen-Z display far less brand loyal…

New survey reveals mobile wallet adoption is stagnant

Mobile wallets or e-wallets first appeared on the digital payments scene more than two years ago from major players Apple Pay and Android Pay, with Samsung Pay entering the market soon after. On 15 March 2017, Karen Webster, CEO of PYMNTS.com presented statistics for mobile wallet adoption and usage, which can be found at http://www.pymnts.com/mobile-wallet-adoption-2017/. So, what does the data…