The hype around Apple Pay, Samsung Pay, and Google Pay has quieted considerably. But that doesn’t mean the three big wallets are sitting still. When the so-called Pay wallets—Apple Pay, Samsung Pay, and Google Pay—launched in 2014, 2015 and 2018, respectively, they did so to great fanfare. At the time, …
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The CFPB’s Order Asking for Payments Data From Six Big Tech Companies Stokes Controversy
The Consumer Financial Protection Bureau order handed down Thursday that asks Google, a unit of Alphabet Inc., Apple Inc., Facebook Inc., Amazon.com Inc., Square Inc., and PayPal Holdings Inc. to turn over information about their payments products, plans, and practices has industry observers lining up on both sides of the …
Read More »Google Drops Bank Account Ambitions and other Digital Transactions News briefs from 10/4/21
Google, a unit of Alphabet Inc., dropped its plans to offer banking services to consumers, The Wall Street Journal reported late Friday. Google announced in November it intended to debut Plex, a mobile-first bank account integrated into Google Pay.Payments provider Park Place Payments said it will pay $500 to clients that drop the service within the …
Read More »How Google Figures a Tie-In With Marqeta Can Increase the Utility of Google Pay
Alphabet Inc.’s Google unit is betting its partnership with Marqeta Inc.to issue a tokenized virtual Google Pay card will entice consumers to use Google Pay more often for day-to-day purchases online and in-store. The new card, announced this week, allows users to make purchases with their Google Pay balance using a …
Read More »GoDaddy in Google Tie-up and other Digital Transactions News briefs from 7/13/21
GoDaddy Inc. and Alphabet Inc.’s Google unit announced an integration that enables GoDaddy clients access to various Google online properties from GoDaddy’s online store. These clients will be able to create a Google Merchant Center account, sync their online product listing on Google, and promote their products on Google.Payments-technology startup KodyPay Ltd. announced …
Read More »13th Annual Field Guide to Innovative Payments
It’s May, and that means it’s time for our annual exercise to seek out and describe the nonbank players, apart from the big networks, that are rewriting the rules for the digital exchange of value. Since 2004, Digital Transactions has traced the course of payments innovation through its nimblest practitioners—the …
Read More »Google’s Link to Passport Is Part of a Broader Plan to Extend Google Pay to Parking And Transit
Passport Labs Inc., a provider of transportation software, announced Wednesday it is expanding its integration with Alphabet Inc.’s Google to enable payment for parking within Google Maps in more than 400 cities, including Boston, Cincinnati, Portland, Me., Norfolk, Va., Cheyenne, Wy., Westminster, Colo., and Green Bay, Wis. The integration of …
Read More »Parking Apps Look to Upshift
When the pandemic ends, demand for parking places is likely to skyrocket. That augurs well for apps that find just the right spot—and let you pay for it. “There’s an app for that” has become a cliché, but most users and experts agree mobile apps have drained the difficulty and …
Read More »How Fiserv Is Working With Google Pay And ExxonMobil To Go ‘Beyond the Buy Button’
With digital and physical commerce melding, Fiserv Inc. intends to position its Carat platform as the engine to enable providers such as Alphabet Inc.’s Google unit and merchants to process transactions across both channels. Fiserv took a big step in that direction last week when it announced it will enable …
Read More »A Revamped Google Pay Seeks Wider Appeal by Pushing Beyond Payments
Alphabet Inc.’s Google unit on Wednesday announced a major overhaul of its 5-year-old Google Pay wallet to push beyond mobile payments and incorporate links and data Google says will generate daily usage. The move comes as major payment apps such as Apple Pay and Google Pay have sought to boost …
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