Wallets

Digital or mobile wallets, wallets with P2P payments capability and virtual banking, e.g., Apple Pay. Content related to neo-banks is included in this category, as is content related to contactless payments.

USERS OF MOBILE WALLETS BY MAJOR COMPANY AND PROVIDER TYPE 2019/2020

A slide showing users of Mobile Wallets by Major Company and Provider Type, e.g., Apple, banks and merchants, etc. in 2019. Source: Walter Kitchenman, Lafferty Research.

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VOLUME OF ECOMMERCE PAYMENTS BY GLOBAL REGIONS 2019

A slide showing the relative volume in US$ billions of eCommerce, mobile payments, and mobile proximity payments in 20219. Information in global, with a breakout of Asia Pacific, North America, EMEA, and Latin American payments. Source: Walter Kitchenman, Lafferty Research.

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“CONTACTLESS AND CAPPUCCINO” – A HISTORY OF MOBILE WALLETS IN NORTH AMERICA

In this Report we provide: A timeline of milestones in the development of mobile wallets in North America that include: Key metrics about mobile wallet usage in North America and its growth over time; Predictions about important future developments and their impact;. In a companion Report, An Introduction to Mobile Wallet Technology in North America – Definitions and Processes, we investigate: Mobile wallet IT and design; How mobile wallets communicate remotely and at point-of-sale (POS); and Customer and merchant experience with mobile wallet payments at POS and In-App.

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A NEW PUSH FOR PUSH PAYMENTS

This white paper by Mastercard explains that as real-time payments increase globally, Card-based push payments (push-to-card) enable participants to send funds directly to consumers and small businesses via their payment card accounts. Receipt of funds via a payment card, typically a debit card linked to a deposit account, makes for a seamless consumer experience,

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