9 Mobile Wallets Going Global
Published May 20, 2015 8:21 AM
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Updated June 1, 2021 1:21 PM
1 Min Read
Mobile wallet makers are not content to stay in their own backyards. Many prominent names in mobile payments are increasingly active on foreign soil.
(Image: iStock)
(Image: iStock)
Apple Pay was originally rumored to launch in China rather than the U.S., and the country is still on the company's radar. There are also reports that Apple is eyeing the U.K. as one of Apple Pay's next territories.
(Image: iStock)
(Image: iStock)
Sweden's Seamless is aggressively expanding its SEQR mobile wallet throughout Europe. In March, it deployed SEQR in the Netherlands, Germany, Spain, France and Italy. It also has its eyes on the U.K. and U.S.
The French telco launched Orange Cash last year in France and is expanding it to Spain. The mobile wallet operates on Visa's payWave contactless technology.
(Image: Bloomberg News)
(Image: Bloomberg News)
Vodafone's loyalty card app, which it is upgrading to a true NFC mobile wallet, is available in Germany, Spain, the U.K. and the Netherlands.
M-Pesa is most famous for its popularity in Kenya and other parts of Africa, and last year the mobile payment system began seeking an audience in Europe, starting with Romania.
(Image: Bloomberg News)
(Image: Bloomberg News)
Mozido is buying its way into China with its purchase of Beijing-based PayEase. Mozido also recently bought U.S.-based CorFire from South Korean IT services provider SK C&C.
These major U.S. card brands launched their digital wallets with a global strategy. MasterPass, for example, debuted in Australia and Canada before finally coming home to the U.S. And Visa Europe is expanding acceptance of V.me, a digital wallet that launched in the U.S., where it is now called Visa Checkout.
Alibaba and Alipay are lining up alliances with companies outside their home turf of China. The companies are reportedly open to collaborating with Apple and PayPal, and Alibaba's recent backing of Paytm gives it a mobile wallet presence in India.
(Image: Bloomberg News)
(Image: Bloomberg News)
Bitcoin wallets are a natural fit for international payments. Coinbase, a U.S.-based Bitcoin exchange, has expanded to the U.K., where it hopes to take advantage of the country's Faster Payments System.
(Image: Shutterstock)
(Image: Shutterstock)
