A short video published by MasterCard shows Samsung’s new Samsung Pay mobile payment service in action, demonstrating how a user chooses a payment card, authenticates and then holds their phone next to a standard payment terminal to conduct a transaction... More
PARTNER NEWS: Chip maker NXP has produced a new tool to help developers quickly build apps that utilise the embedded secure element in the company’s PN66T NFC module... More
PARTNER NEWS: Carta Worldwide has introduced Cloud Suite 1.0, a cloud-based platform-as-a-service solution for banks and wallet providers that supports tokenization, digital credential management, host card emulation, NFC proximity and remote payments. More
Google’s recent acquisition of Softcard’s NFC payments business may hit Samsung Pay’s prospects for widespread US adoption hard, says a respected payments consultant... More
Korean financial institutions are to offer streamlined NFC authentication for mobile banking transactions starting from as soon as the first half of 2015, according to local media reports... More
Active mobile money accounts worldwide grew 41% to more than 100 million in 2014, a report from the GSMA’s Mobile Money for the Unbanked programme has found... More
Samsung’s new flagship handsets, the Galaxy S6 and Galaxy S6 Edge, include an embedded secure element (eSE) from Oberthur Technologies... More
Niemann Foods has installed a Bluetooth beacon marketing platform provided by Birdzi in eight of its County Market stores and plans to roll out the solution to all its 45 County Market locations in Iowa, Illinois and Missouri in the coming months... More
Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals, MasterCard’s Matt Barr has told NFC World... More
Owners of Samsung’s new Galaxy S6 flagship phone will be able to make mobile payments at merchants equipped with both legacy magnetic stripe card terminals and those with contactless POS terminals, Samsung boss JK Shin has revealed... More
“Rampant” fraud levels being experienced by US card issuers that have signed up for Apple Pay need to be addressed with urgency, payments consultant Cherian Abraham has told NFC World, to avoid Apple, the individual banks and tokenized mobile payments as a whole suffering a reputational damage... More