Mobile Wallets

With Bitcoin trading at $4,300 and Ethereum at $300, most of the attention in the payments world has been on the cryptocurrencies’ value as an investment rather than as a payment method. Now, a year-old Toronto-based startup hopes to change that by enabling contactless point-of-sale transactions using Ether, the Ethereum …

Though digital-wallet adoption among consumers may have paused this year, merchants continue to prep for the electronic payment, according to “The Next Phase of Digital Wallet Adoption,” a report commissioned by JPMorgan Chase & Co. Conducted by Forrester Consulting, a unit of Forrester Research Inc., the report found the fraction …

Consumer affinity for the cheapest gas prices birthed smart-phone app GasBuddy, and now the app has sired a way for consumers to actually make the payment at fill up. Boston-based GasBuddy recently announced its Pay with GasBuddy service, which connects a consumer’s checking account with a GasBuddy-issued card. After enrolling …

The Aldi Inc. supermarket chain, which only last year began accepting credit cards, said in a press release on Thursday it now “accepts all forms of contactless payment,” including Apple Inc.’s Apple Pay and Alphabet Inc.’s Android Pay mobile wallets. The Batavia, Ill.-based company has already activated contactless payments chainwide, …

Some 48% of surveyed U.S. consumers don’t use Apple Pay, Android Pay, Samsung Pay, Venmo, or Bitcoin and 46% say not enough places accept these payment methods, according to invoicing and payments firm Viewpost, which canvassed 1,000 people. Mobile-payments provider LevelUp announced a link to delivery.com, which serves more than 12,000 restaurants. The connection …

A large portion of Apple Inc.’s customers spurn facial biometrics, a key security element in Apple’s new iPhone X, according to new research. Survey results from United Kingdom-based Juniper Research say that more than 40% of users of Apple’s mobile devices in the U.S. consider themselves unlikely to use facial …

The Apple Pay mobile-payments service got only a few brief mentions in a nearly two-hour presentation Tuesday afternoon in which Apple Inc. executives introduced the latest versions of their 10-year-old iPhone and other new products. But what they did say could change payment security because the new iPhone X will …

Enthusiasts may lament the slow rate of adoption for mobile payments generally in the United States, but some researchers are forecasting robust growth for contactless payments via mobile wallets at the point of sale. In a recent report, New York City-based research firm eMarketer said so-called proximity mobile payments will exceed $1,000 …

Google plans soon to give merchants access to the vast trove of credit card credentials it has in its databases to speed customer checkout for mobile and online payments. The search-engine giant, however, is not putting itself in competition with payment card networks, a Google executive said this week. The …

Payments provider NXT-ID Inc. announced its FitPay Inc. subsidiary is providing the payments technology for the vivoactive 3, a new smart watch from Garmin International Inc. Dubbed Garmin Pay, the service supports contactless payments made with Visa Inc. and Mastercard Inc. credit and debit cards from major issuing banks. Earlier this week, Fitbit Inc. introduced Fitbit Pay. In …