Mobile is a key part of the feature set and marketing behind the new American Express EveryDay Credit Card, which is targeted at on-the-go moms who depend on their smartphones to help manage their busy lifestyles.
While mobile wallets have attracted consumer interest, they are failing to yield true adoption, with just 16 percent of mobile device owners having made an in-store purchase with their phone in the past three months, according to a new report from Yankee Group.
As the mobile wallet competition continues to heat up, Chase has decided to throw its hat in the ring with a checkout solution, but it remains to be seen if there is any space for more services.
With mobile payments growth progressing slowly thanks to ongoing security concerns and a lack of consumer enthusiasm, MasterCard and PayPal’s Venmo are taking a different route to the top by focusing on geolocation.
PayPal has announced its plans to create a payments application for wearable devices, expanding its prowess over mobile commerce.
BJ’s Restaurants has rolled out a mobile payments feature for its diners as it tries to boost sales and revenue after a challenging season.
Starbucks Australia and Major League Baseball are among the first marketers to leverage MasterCard’s new in-application purchasing capabilities introduced today at Mobile World Congress in Barcelona.
The Host Card Emulation feature in Android KitKat for driving near-field communications mobile payments just got a big boost in the form of support from MasterCard and Visa, which could spell trouble for Isis.
While most fast food giants are testing mobile payments at the point-of-sale to clear up in-store lines, McDonald’s Singapore is taking a page from the success of online delivery services to increase adoption.
As mobile wallets continue to struggle to find adoption through smartphone applications, some are now looking to wearable devices for more efficient and secure payment mechanisms.