As merchants and app developers seek to emulate disruptors like Uber or Airbnb by embedding payments in the user experience, the pressure will mount to be one of the few apps that consumers regularly use.

Chinese handset maker Xiaomi has entered China’s booming mobile payments market with Mi Pay, a contactless payments service running on China UnionPay’s network with support from 20 local banks and six mass-transit systems in the country.

The mobile wallet is transforming from a standalone app into just a feature of a bigger commerce system. Here are a few companies that have done away with the wallet concept.

Mobile can make in-store payments easier and add dimensions to marketing, but consumers will drive the shopping experience, placing unprepared merchants at a disadvantage.

As the threat of card not present (CNP) fraud continues to rise, a recent survey suggests many consumers are willing to take extra steps during a transaction to block online card fraud if their bank offered the option.

U.K.-based startup called Moneybox has launched a microinvesting app to encourage the millennial generation to invest the change that results from payments.

Samsung is adding support for Samsung Pay contactless payments in its new Gear3 smartwatch amid a marketwide proliferation of transactions for connected devices and clothing.

Health care stands to benefit from automated and easier-to-understand billing and payments, but PatientPay is betting that ridding the system of paper is required on the benefits end as well.

CHICAGO – Mobile wallets are evolving in the key areas of availability and consumer awareness, but they continue to lack in the critical aspect of convincing users of their value, said Google executive Jack Connors.

Payworks, a payments technology services company, has launched a cloud-based payment infrastructure for processing in-person payments.

Credit card rewards programs were born in the heyday of plastic and paper. As payments go digital, banks will have to make sure their loyalty programs keep pace.

Banks in Australia want Apple Inc. to open its Apple Pay NFC controller to third parties, and while regulators weigh the case, U.S. banks are itemizing their own, related grievances as the mobile payments service nears its second anniversary.

India is bringing peer-to-peer payments to the country through 21 banks, including Axis Bank, Icici and Yes Bank.

Banks are playing a more active role in the next phase of fintech, both as investors and partners, says David Sica, partner at venture capital firm Nyca. That change is shaping how the firm looks at new investments.

E-Commerce startup CaribShopper is fresh off winning an exclusive partnership with eBay to cover its expanding Caribbean footprint as it tackles a market that has a lot of promise, but also challenges in processing digital payments.

Successful platform businesses in the 'Uber/Airbnb' age aren't just about matchmaking. There are also value added services that enrich the experience, and keep customers coming back.

Large merchants are EMV-ready, but they're less likely to support NFC-based mobile payments; the opposite is true for smaller merchants.

The era of banks and fintech companies cozying up to each other is in full bloom. Fintechs realize they can better disrupt the industry from within, while banks are looking for partners to help them navigate the digital world. Here's a look at how banks worldwide are buying, investing in and in some cases lending to fintech firms.

Near Field Communication tags — stickers embedded with wireless technology — were seen as a bridge technology for contactless payments in the U.S. before phones came with NFC built-in. In India, however, NFC tags are proving to have a much longer shelf life.

Apple Inc. is planning a new iPhone feature for Japan that will enable users to pay for mass-transit rides with their smartphones instead of physical payment cards. A future iPhone will include technology called FeliCa, a mobile tap-to-pay standard in Japan developed by Sony Corp., according to people familiar with the matter.