Wirecard introduces new mobile wallet capabilities to US
Wirecard has launched new mobile wallet capabilities to integrate with Apple Pay, Android Pay and Samsung Pay in the US.
The mobile wallet is industry’s first fully digitalised mobile payment solution, which is based on automatic app-to-wallet integration that uses a virtual Mastercard issued by Wirecard Card Solutions.
“Increasing mobile wallet functionality offers an innovative payment experience for digital-minded consumers, and aligns with Wirecard’s global strategy of providing innovative commerce experiences at every customer touch point,” the company said in its press statement.
Wirecard has previously executed similar initiatives internationally with Orange and Singtel, mobile wallet providers in France and Singapore, and its own mobile payment solution, boon.
Wirecard North America managing director Deirdre Ives said: “The future of the mobile wallet is one in which a payment is seamlessly integrated into the customer’s daily life.
“Wirecard’s integration with Apple Pay, Android Pay, and Samsung Pay provides a more holistic payment experience to a greater segment of the population and further moves the industry toward a future that is borderless, safe from intrusion, and inclusive to all.”
According to Business Insider Intelligence report, customer adoption of mobile payments in the US will grow and 56% of US consumers are estimated to transact $503bn in mobile payments by 2020.