Mobile Wallets

• Citigroup Inc. became the latest bank to introduce a proprietary mobile wallet, in this case Citi Pay, which will launch later this year in Singapore, Australia, and Mexico, and in the U.S. early next year. Working with MasterCard Inc.’s Masterpass digital-payments service, Citi Pay provides online and in-app payment capability, …

By Kevin Woodward @DTPaymentNews More U.S consumers are using mobile peer-to-peer payments than are using a smart phone to make a point-of-sale purchase, research firm eMarketer Inc. says in a research note. While only 19.4% of consumers made a mobile payment in a store in the preceding six months, 24.9% …

• In yet another event related to payment card data security at hotels, Sentinel Hotel announced it is investigating an incident involving cards used at its front desks after receiving reports from some of its guests of unauthorized charges. • While 22% of consumers overall prefer to receive coupons through …

By Kevin Woodward@DTPaymentNews Add Wal-Mart Stores Inc. to the list of merchants that will accept Chase Pay transactions. JPMorgan Chase & Co., backer of the nascent Chase Pay mobile wallet, says the massive retailer will begin accepting the bank’s payment service in more than 5,000 Walmart and Sam’s Club stores, …

Kohl’s Corp. joins the ranks of retailers with their own mobile-wallet services with the launch last month of Kohl’s Pay. Menomonee Falls, Wis.-based Kohl’s said the barcode mobile-payment service exclusively uses the private-label Kohl’s Charge card as the payment mechanism in more than 1,100 Kohl’s stores. To use Kohl’s Pay, …

By John Stewart @DTPaymentNews Alphabet Inc.’s Android Pay mobile wallet made some headlines recently with the company’s announcement that the app would be available to Masterpass and Visa Checkout users for Softcard mobile-payments venture managed by leading telecom companies. Smart Tap is available now in all U.S. Walgreen’s stores as …

By Kevin Woodward@DTPaymentNews Retailer Kohl’s Corp. plans to tweak its newly launched OmnyPay Inc. The service works only with the Kohl’s Charge card, issued by Capital One N.A. Lavu predicts Kohl’s Pay will generate copious amounts of data, especially given that enrollment in the app is up by 70% following …

• Chip card standards body EMVCo issued 3-D Secure 2.0, its update of the 3-D Secure technology for protecting e-commerce transactions. The new specification supports app-based purchases on mobile and other devices and will streamline the checkout process in order reduce transaction abandonment, EMVCo says. • MasterCard Inc. announced plans to …

By Kevin Woodward@DTPaymentNews Consumers with Samsung Pay mobile-wallet accounts will be able to use them as a payment method for online transactions thanks to a partnership with Samsung Pay to shop using Masterpass starting in 2017. To use the service, consumers select the Masterpass button on a participating merchant’s e-commerce …

By John Stewart @DTPaymentNews With consumers spending more and more time on retailers’ shopping apps, it was only a matter of time before merchants with proprietary charge card programs began offering a digitized version of those cards within their apps. On Monday, that time arrived as store card processor Synchrony …