New Clean Way to Pay: Mobile Wallets Surge on Covid 19 Fears Requiring no physical contact with merchant point-of-sale terminals, mobile wallets are increasingly viewed as a safer way to pay by consumers around the world. Fears that payment cards, cash and coins may be tainted with the coronavirus, and that touching in-store terminals might make shoppers sick, the use...

By The CardLinx Association Requiring no physical contact with merchant point-of-sale terminals, mobile wallets are increasingly viewed as a safer way to pay by consumers around the world. Fears that payment cards, cash and coins may be tainted with the coronavirus, and that touching in-store terminals might make shoppers sick, the use of mobile wallets is getting a boost. According...

Expect the Unexpected in Covid-19’s Wake In the uncertainty that surrounds the coronavirus, Silvio Tavares, CEO of industry trade association Cardlinx, shared perspectives with member executives around the world. Among topics discussed? Travel’s stalled, with hotel occupancy at just 15% and properties slated to close; credit card use is down, impacting the U.S. and other countries where consumer spending accounts...

After years of false starts, mobile wallets are finally gaining traction in the global marketplace. Offers have become the de facto “killer app” for mobile wallets, driving their increased consumer acceptance and usage. Mobile Apps give consumers digital access to their payment cards, cash balances, coupons and rewards via smartphones and other devices. Using smartphones, smartwatches or tablets, online and...

Amazon announced the availability of its Just Walk Out technology to rival merchants. Shoppers use credit cards to enter the store. Items are selected and automatically billed to the card—with no scanning, checkout (or waiting in line) required. The tech is similar to that used in Amazon Go stores. CardLinx Insight: Amazon’s new cashierless technology will face an uphill battle...

As part of a global partnership, Ant Financial, the payment affiliate of Chinese e-commerce giant Alibaba, has invested in Klarna. The companies announced that Ant Financial has purchased a <1% ownership in the Swedish financial technology start-up, known for offering shoppers interest-free financing over monthly installments. CardLinx Insight: Ant Financial is an affiliate of Alipay, China’s largest mobile wallet and...

CardLinx AI Commerce Forums Launched in the United States, China and Japan for 2018 Forum Keynote Speakers Feature Mastercard, Microsoft, Sumitomo Mitsui Card Company SAN FRANCISCO — June 7, 2018 —  The CardLinx Association today released new data from the 2018 Card-Linking and O2O Industry Annual Survey and announced new groundbreaking artificial intelligence (AI) commerce forums in the USA, China and Japan. The...