smartphone wallets Archives

Why QR Code Payments Are the Secret to APAC’s Digital Wallet Boom

04/08/202504/07/2025 Angela Linders

The Rise of Digital Wallets in APAC: Redefining Payments and the Future of Cashless Economies Across the Asia-Pacific (APAC) region, digital wallets such as Alipay and WeChat Pay have fundamentally reshaped the way individuals and businesses handle money. From paying for a morning coffee to securing government subsidies, these mobile payment innovations have positioned APAC as a global leader in the transition toward cashless economies. But what makes this transformation so significant, and what challenges remain in this highly dynamic landscape? Cashless Economies on the Rise By 2024, an estimated…

Mobile payments research shows that holiday purchases will average $20 to $100

10/26/201210/25/2012 Jorge Gonzalez

Consumers are still skeptical about smartphone wallets, and are hesitating to use them for large purchases. Payment processing company leader for the consumer direct brands industry, Litle & Co., has announced the results of its independent consumer survey that could help to identify the mobile payments trends for the upcoming holiday shopping season. Sixty percent of the respondents had a smartphone or tablet, but only about 25 percent have used it to shop. The research also determined that the price point that brands, retailers and marketers will want to target…