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Digital wallets transaction value to surpass $16 trillion globally
A new study finds that the total value of digital wallets transactions will rise from $9 trillion in 2023 to $16 trillion in 2028, a growth of 77%. This trend is... read more
The post Digital wallets transaction value to surpass $16 trillion globally appeared first on Payments Cards & Mobile.
Report offers FI’s insight into Instant Payment monetisation
Matera has released a special report detailing adoption of Brazil’s highly successful Pix system of instant payments. Pix by the Numbers provides key insights for US and other markets financial institutions... read more
The post Report offers FI’s insight into Instant Payment monetisation appeared first on Payments Cards & Mobile.
Westpac one of first banks to roll out Tap to Pay on iPhone
Australia’s Westpac says it will enable Apple’s Tap to Pay on iPhone contactless payment technology for business customers. Tap to Pay on iPhone accepts all contactless payments, including Apple Pay,... read more
The post Westpac one of first banks to roll out Tap to Pay on iPhone appeared first on Payments Cards & Mobile.
94% of banks to invest in modern payment technology
Aite-Novarica research reveals that payment technology is an important area of growth and innovation within the commercial banking space, and legacy systems cannot support end-user demand for better payment capabilities.... read more
The post 94% of banks to invest in modern payment technology appeared first on Payments Cards & Mobile.
Virtual card transaction volumes to surpass 121 billion by 2027
A new study has found the number of virtual card transactions, randomly generated card numbers linked to a payment account, will exceed 121 billion globally by 2027; increasing from 28... read more
The post Virtual card transaction volumes to surpass 121 billion by 2027 appeared first on Payments Cards & Mobile.
