PARTNER NEWS: Chip maker AMS has launched an NFC interface chip (NFiC) that offers “unique energy harvesting and data transfer capabilities” and can capture enough energy to power the device it is built into... More
Archive for May 2015
Apple Pay headed to Belgium?
Belgium’s KBC Bank has tweeted that it will be adding support for Apple Pay as early as this summer in response to a customer’s question about whether the financial institution would ever support for the mobile payment service... More
Postbank begins HCE pilot in Germany with Worldline
Employees of Germany’s Postbank have begun piloting a mobile payment service based on host card emulation (HCE) that makes use of tokenization to allow NFC payments to be made at any Visa payWave terminal... More
Join NFC World and the GSMA today for an NFC transport ticketing webinar
More than 300 NFC World readers are set to take part in a free webinar on NFC in transport ticketing presented in association with the GSMA and the Mifare4Mobile Industry Group at 3pm BST/4pm CEST/10am EDT today... More
Express rolls out support for Apple Pay
Clothing retailer Express has begun accepting Apple Pay across its stores in the US... More
Sekur.me brings Apple Pay online
Online authentication provider Sekur.me has made it possible for merchants to accept Apple Pay for online payments for the first time, via a Universal Buy Button that works with a wide range of platforms and gateways, browsers and on both Android and iOS devices... More
Visa Checkout reports 4m customers and 125,000 merchants
More than four million customers have now signed up for Visa Checkout since its launch in July last year, and more than 125,000 merchants are now accepting the online checkout service along with 260 financial institutions globally... More
Exterion to roll out beacons across public transport in the UK
Out-of-home media owner Exterion Media UK is to roll out Bluetooth Low Energy (BLE) beacons across public transport services in “major cities” in the UK to deliver marketing messages to passengers’ smartphones... More
iZettle adds support for NFC and contactless payments
Sweden-based mPOS provider iZettle has begun distributing a contactless-enabled terminal to select partners in the UK that will allow them to begin accepting NFC mobile payments, as well as contactless and chip and pin transactions... More
MasterCard launches P2P payments service
MasterCard has unveiled a P2P payments service that lets consumers send and receive funds “within seconds” from “virtually any” US debit card account... More
Apple gets Concert Ticket+ patent
The US Patent and Trademark Office has granted Apple a patent for its Concert Ticket+ concept, first unveiled in 2010... More
US to get same day ACH payments
Members of the Electronics Payments Association (NACHA) have approved Same Day ACH (Automated Clearing House), an amendment to the NACHA Operating Rules that will enable same-day money transfer for “virtually any” ACH transaction... More
Apple Pay now live at nearly 300 banks and credit unions
Apple has added a further 35 financial institutions in the United States to its list of participating banks and credit unions, taking the total number of card issuers it works with to nearly 300... More
Amazon’s Gauthier: NFC is “last century’s problem”
“Anyone working on NFC is focusing on last century’s problem,” Patrick Gauthier, the new vice president of payments at Amazon, has told Mashable in an interview in which he also indicates that he believes competitors in the mobile payments space — including Apple and Google — have “lost sight of what it is we’re here to do.” Until January, Gauthier headed up emerging retail services at PayPal, a company once anti-NFC which now appears to have changed its mind about the technology... More
Icahn: Apple Pay to generate US$3.3bn in revenues in 2017
Apple Pay will generate revenues of US$263m this year and that figure will increase to $3.3bn by the end of 2017, billionaire investor Carl Icahn has forecast... More
US millennials lead the way for mobile payments
Some 41% of US millennials aged between 18 and 34 are now using mobile payments, compared to 18% of 35- to 44-year-olds, 14% of 45- to 54-year-olds, 10% of 55- to 64-year-olds and 8% of those aged over 65, research from POS supplier Harbortouch has revealed... More
Starbucks denies mobile payment hack
Starbucks has issued a statement denying its mobile payment app has been hacked, following a report by investigative journalist Bob Sullivan... More
Axis to make 50,000 terminals contactless in India
India’s Axis Bank is to enable all of its 50,000 merchant point-of-sale terminals to accept contactless payments by the end of this year in order to “facilitate significant usage of contactless NFC-based cards issued by all banks”... More
Beacons land at UK airports to send out offers and rewards
Eight UK airports are to roll out a network of 200 Bluetooth Low Energy beacons that will deliver notifications such as offers and rewards to passengers while they wait for their flights... More
Face++ raises $25m for selfie payments
Face++, the Chinese facial recognition technology startup behind Alibaba’s selfie payments service, has secured an additional $25m in a series B funding round, taking the total raised to $47m... More