Microsoft may have a mobile payment app once again as the company looks to relaunch its Windows Wallet app that stored credit cards, coupons and membership information, The Verge reports.

"Windows is going to have a wallet concept. You've seen it on phones before. We're going to continue to iterate it," Microsoft's corporate VP of its operating systems group Joe Belfiore told The Verge. "We're going to think about the range of payment scenarios."

Windows Phone 8.1 featured Wallet as an app, which used NFC technology in some markets. There's no word yet on what type of technology a new Wallet app would use, but Belfiore gave Windows Hello, Windows 10's new facial recognition technology, as an example of the kind of authentication that could be used in online payments, according to The Verge. Microsoft is also looking into real-world payments, Re/code reports.

No exact timeline for when we can expect to see the new Wallet app has been revealed, but Re/code reported that Belfiore said "soon" in response to a question about its timing. With competitors like Apple and Google constantly beefing up their mobile payment game, we could see the new Windows Wallet come sooner rather than later.