Google Seeks Carrier Support to Revive Wallet Payment Service

In order to help build traction for its Google Wallet service, Google is exploring how it can unite banks, wireless carriers, payment networks and device makers to carry the payment service. The company is reportedly willing to offer wireless carriers additional revenue to have Google Wallet featured on Android phones. Google’s attempt to revive its mobile payment service comes after a recent announcement by Apple claiming that its Apple Pay is now the leading contact-less payment service.  Continue reading Google Seeks Carrier Support to Revive Wallet Payment Service

Study: Apple Pay Accounts for One Percent of Digital Payments

According to research firm ITG, Apple Pay already accounts for one percent of all digital payments. The mobile payments system, introduced in October, has experienced its greatest usage with Whole Foods, Walgreens and McDonald’s. ITG also explains that consumers using Apple Pay increased their spending and frequency of use, resulting in a sales jump for participating merchants. By comparison, Google Wallet was introduced more than three years ago, and currently holds about four percent of digital payments. Continue reading Study: Apple Pay Accounts for One Percent of Digital Payments