Users of mobile network operator EE’s Cash on Tap NFC payments service will be able to use their mobile phone to pay for travel on the London Underground, Docklands Light Railway and London Overground services from 16 September, when Transport for London (TfL) introduces the ability for passengers to pay for travel using contactless cards... More
Archive for July 2014
USI to supply iWatch chips?
“USI is the sole SiP [system in package] supplier for iWatch devices, which are expected to come in three versions: one style for men, one for women, and another low-cost version due for release in 2015”, sources have told Taiwan’s DigiTimes... More
Apple and Swatch team on iWatch?
Apple is working with a number of partners, including Swatch, to release a line of smartwatches in a variety of branded styles and price points, VentureBeat reports... More
Square adds actions to POS transactions
“Square Register’s sales, refund and settlement data can now all be used as triggers for IFTTT recipes,” GigaOm reports... More
Visa invests in LoopPay
Visa has invested an undisclosed sum in Magnetic Secure Transmission (MST) inventor LoopPay... More
Waitrose showcases QR payments
Upmarket UK supermarket chain Waitrose has shown off a proof-of-concept mobile shopping service, based on Ensygnia’s Onescan technology, that “allows customers to complete a payment in-store using a mobile phone app, completing a purchase direct from any iPad screen in the store, without the need to head to the till point”... More
Korean banks accelerate mobile wallet plans
Korea’s banks are making a renewed push on mobile payments in the face of increasing competition from outside the financial services sector, Korea Bizwire reports, citing Hana Bank’s ‘Hana N Wallet’, Industrial Bank of Korea’s ‘IBK One Money’, and Shinhan Bank’s ‘Zoo Money’ and ‘My Shinhan Pay’ services... More
Consumers shop more on smartphones
“Nearly all mobile payments growth on Adyen’s platform in Q2 originated from smartphones,” the payments processor’s latest global Mobile Payments Index has found... More
Worapay raises funds
Lithuania-based mobile wallet platform provider Worapay has raised €400,000 in new funding from Israel’s Entree Capital, Verslo Zinios reports... More
Visa to launch new payments service in September, Apple could be the first customer
Visa has unveiled a suite of services designed to “facilitate secure payments across a broad range of internet-connected devices and wearables”... More
Festival uses BLE to gain insights into attendee activity
This year’s Bonnaroo Music and Arts Festival has used Bluetooth Low Energy (BLE) beacons to track how visitors moved around the site so that it can “shape and streamline the festival in the future”... More
Target launches image recognition app
US retail chain Target has launched an image recognition app that lets customers buy items from magazine adverts, catalogs and other media showing the retailer’s ‘In a Snap’ icon... More
Amazon releases mobile wallet app for Android
Amazon Wallet, an Android app that lets users store gift cards and loyalty cards on their mobile phone, is now available to download from Google Play and the Amazon Appstore... More
Westpac trials HCE mobile payments in New Zealand
Westpac has begun a host card emulation (HCE) pilot in New Zealand, enabling customers’ credit and debit card details to be securely stored in the cloud and then used at the point of sale to make mobile payments on their Android NFC device... More
Consult Hyperion demos EMV mobile payments over BLE on an iPhone
UK payments technology specialist Consult Hyperion has unveiled a proof-of-concept solution that uses Bluetooth Low Energy (BLE) and host card emulation (HCE) to enable both iPhone and Android NFC phone owners to make MasterCard, Visa and other open loop EMV payments at the point of sale... More
IBM partners with Monitise
IBM and Monitise have formed a strategic alliance designed to help financial institutions deliver cloud-based mobile banking, payments and commerce solutions to their customers... More
GSMA publishes NFC coupon and loyalty technical proposal
The GSMA has published Mobile Commerce, NFC Coupons and Loyalty Acceptance, a technical proposal based on open standards that aims to provide “the tools, knowledge and methodology for mobile operators and the wider retail ecosystem to work together to develop a consistent approach to mobile loyalty and couponing”... More
Nintendo adds NFC payments
Nintendo Wii U users in Japan can now use the NFC interface built into their GamePad controller to purchase games with a Suica contactless payment card... More
Four in ten mobile wallet users choose mobile as primary mode of payment
While convincing consumers to make use of a mobile wallet remains an issue for many providers, shoppers that do convert to mobile payments make extensive use of the technology, Nielsen’s Q2 2014 Mobile Wallet Report has found... More
CU Wallet signs up 65 credit unions for QR mobile payments
CU Wallet, a mobile payments platform developed for US credit unions and majority owned by its cooperative members, has been adopted by 65 credit unions with a combined total of more than seven million customers, the company reports... More