The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations with outdated systems, adopting real-time payment solutions could revolutionize the industry. The PYMNTS Intelligence report “From Trips to Tips: How...
Taking a payment mechanism that’s been around for centuries and bringing it fully into the digital age requires work. But as Ralph Koker, global head of product at TerraPay, told PYMNTS for the “What’s Next in Payments: How Do You Do Digital?” series, the movement...
Some California residents can now add their driver’s licenses and state IDs to Apple Wallet. This capability will be rolled out as part of the California DMV’s mobile driver’s license (mDL) pilot program, which launched in 2023 and is limited to 1.5 million participants, Apple...
In emerging markets, the digital wallet represents much more than a novel payment option. It is a digital passport to the digital world. And in that world, a card can go anywhere, but software — not so much. As digital payments grow in popularity, this...
Thailand’s digital wallet stimulus plan has suddenly become less digital. As Reuters reported Tuesday (Sept. 3), Prime Minister Paetongtarn Shinawatra said the government’s planned 450 billion baht ($13.1 billion) “digital wallet” handout will be distributed in cash, a change from the government’s flagship policy. Initially,...
Digitization over the past decade-plus has transformed the back office with next-generation software solutions. But it’s not just the back office; innovations like digital wallets have been transforming the proverbial back pocket, too. The impact digital wallets are having as mobile technology advances and consumer...
Just as plastic cards replaced metal keys at hotels, digital wallets are replacing key cards. As CNBC reported Sunday (Sept. 1), this shift follows a tough stretch for plastic hotel key cards, thanks to health concerns during the pandemic and cybersecurity worries more recently. That’s led...
MercadoLibre has filed a complaint with Argentina’s competition regulator, alleging that Argentine banks are using an anti-competitive tactic against the company’s FinTech arm, Mercado Pago. In its legal complaint filed with the country’s National Commission in Defense of Competition, MercadoLibre accused the banks of “illegally...
BetMGM says it is the first betting app offering Nevada bettors nationwide connectivity via digital wallet. “Through its operation and partnership with MGM Resorts International and powered by Entain’s technology, this innovative feature makes BetMGM the only legalized sports betting app to allow Nevada residents and visitors to...
