Thursday , April 19, 2018

Mobile Wallets

PayPal Gets a Key Boost at the POS Through a Wide-Ranging Deal With Samsung Pay

In a deal that follows months of partnership agreements with other payments companies, PayPal Holdings Inc. on Monday said its PayPal service will become available as a payment method in Samsung Electronics Co. Ltd.’s Samsung Pay wallet. When it goes live, the link is expected to go a long way …

Read More »

Mobile-Wallet Payments Topped 1 Billion by End of 2015, Latest Fed Data Show

Mobile-wallet transactions in the United States grew 333% from 2012 through 2015, albeit on a relatively small base, according to data released Friday by the Federal Reserve. Wallets generated 1.3 billion payments in 2015, the Fed data show, versus 300 million transactions three years earlier. That robust rate of growth …

Read More »

A Weekend Promotion Yields 30% of Transactions Made With Apple Pay at Square Sellers

Apple Inc.’s “Lose your wallet” Apple Pay promotion apparently paid off handsomely for Square Inc. The promotion, which ran June 23-25, saw 36 local merchants in two San Francisco neighborhoods offer discounts or free items with a purchase when consumers paid for the purchase with Apple Pay, the brand’s mobile-payment …

Read More »

Punchh’s Loyalty Program, Coupled With Apple Pay, Comes to Three Eatery Chains

Apple Pay users visiting restaurants that are part of Punchh Inc.’s restaurant-loyalty service will be able to earn and redeem points when using the mobile-payment service, Punchh announced Thursday. Smashburger, Quiznos, and MOD Pizza will offer the Apple Pay/Punchh service later this year, Mountain View, Calif.-based Punchhsays. Apple Pay users …

Read More »

Chargebacks Tied to EMV Transition and other Digital Transactions News briefs

• PNC Bank N.A. said its Visa commercial cardholders can use their cards in Apple Pay and Samsung Pay, a move that PNC said makes it one of the first U.S. banks to enable mobile wallet payments for its commercial cards. • A survey from Vesta Corp. found that 62% of 155 …

Read More »

Apple Makes an Offers Ploy To Drive Apple Pay Use

By Kevin Woodward@DTPaymentNews Apple Inc. is sponsoring its first known offers promotion for Apple Pay users with deals available June 23-25 in two San Francisco neighborhoods. Dubbed “Lose your wallet” on Apple’s Web site, the promotion includes a percentage off the purchase or a free item with a purchase. The …

Read More »

Wal-Mart Entices Credit Card Applicants With Instant Access Via Walmart Pay

By Jim Daly@DTPaymentNews Wal-Mart Stores Inc. is giving customers another reason both to take its credit cards and use its Walmart Pay mobile wallet by enabling new cardholders to use their credit accounts immediately upon approval via Walmart Pay rather than having to wait for a plastic card to come …

Read More »

Washlava Spins a New Way To Pay for, And Use, Laundry Services

By Kevin Woodward@DTPaymentNews Consumers have a new way to get, and pay for, clean clothes with the debut of Washlava. As announced this week, Washlava offers consumers a smart-phone app they can use to reserve washers and dryers, and then pay for that use. The service, another indicator of the …

Read More »