Financial services provider FIS and banking association The Clearing House (TCH) are to pilot a real-time payments system with financial institutions in the US in the first quarter of 2017, with an initial focus on bill payments... More
Archive for April 2016
Samsung Pay to launch in Singapore in Q2 this year
Samsung Pay will launch in Singapore in the second quarter of this year, the company has announced, adding it to South Korea, the US and China on the list of Samsung’s “priority markets”... More
Mobile ticket purchases to hit 23bn by 2020
Almost 23bn transport and events tickets will be purchased globally using mobile devices by 2020, Juniper Research predicts, more than double the volume expected this year... More
Demand for coins is “as strong as ever”, says The Royal Mint
“Cash is still the most prominent payment method for UK consumers and global demand for coins is as strong as ever,” says The Royal Mint in response to research conducted by UK supermarket chain The Co-Op that predicted mobile payments will account for 65% of its transactions by 2025... More
Mobile payments will overtake cards and cash by 2025, says UK retailer
UK retailer The Co-Op has predicted that 65% of all transactions at its supermarkets and convenience stores will be made using mobile phones by 2025. The forecast follows research released by the company which shows that almost 11m contactless transactions now take place at its 2,800 locations every month. More
Baidu Wallet launches in Thailand
China’s Baidu has launched its Baidu Wallet mobile payment service in Thailand, enabling Chinese tourists to pay for goods and services there with their mobile phone... More
Samsung Pay adds major banks in US
Samsung Pay will soon support eligible credit and debit cards from TD Bank and Regions Bank, taking the total number of supporting banks and credit unions in the US to 130 — more than 75% of the country’s credit and debit card market... More
Nets to launch HCE mobile payments in Denmark
Nordic payments service provider Nets is to launch a mobile payment service in Denmark in autumn 2016 that will use host card emulation (HCE) technology from Japanese card issuer JCB, the two companies have announced. More
Apple Pay launches in Singapore
Apple Pay has begun rolling out across Singapore, letting consumers pay in store with compatible Apple devices and make purchases within participating mobile apps using their American Express cards, with support from Visa expected “soon”... More
Bank of America reports on mobile banking
Bank of America added 910,000 new mobile banking users during the first quarter of 2016, resulting in a total of almost 20m active users, CEO Brian Moynihan revealed during the bank’s Q1 earning results... More
Wearable smart stamp to support NFC payments
Healthcare technology provider MC10 and product solutions provider PCH are to commercialise MC10’s Wearable Interactive Stamp Platform (WiSP), an ultrathin, stretchable and disposable stamp worn on the skin that will enable brands to develop a “variety of consumer applications” including NFC payments. More
New South Wales to get contactless travel
Australian commuters across New South Wales will be able to pay for public transport with their contactless credit and debit cards from next year, the NSW Government has announced... More
Google unveils Nexus live cases with NFC
Google has unveiled a series of phone cases that interact with Nexus phones using NFC and enable users to customize their home screen with an animated wallpaper. More
Verizon gives 2GB of free data to Android Pay users
Android Pay users across the US with a Verizon handset can get 2GB of free data when they make in-store purchases using the mobile payments service between now and mid-June. More
Hungarian festivals to see 7m cashless payments this year
The number of cashless transactions at Hungarian festivals will reach 7m this year, representing an increase of 27% compared to last year’s 5.5m, research from Festipay predicts... More
Canada sees rise in contactless spending
The number of contactless transactions made in Canada increased 14.71% in the first quarter of 2016 compared to Q1 2015, with the total amount spent rising by 108.84%, research by Moneris reveals... More
WeChat integrates with Givex to push in-store presence
Chinese ecommerce giant Tencent’s WeChat mobile payments and messaging app has been integrated with Givex’s Vexilor point-of-sale solution to enable users of the service to make in-store purchases by scanning a QR code. More
Mobeewave launches P2P payments app
Canadian consumers can now accept payments by having a contactless card tapped against their NFC phone using PayMeTap, a P2P payments app developed by Mobeewave... More
Dutch gas stations enable mobile payments with MyOrder
Motorists will be able to order and pay in advance for fuel at 220 Tamoil gas stations in the Netherlands from this summer using their smartphone and a new mobile refuelling feature enabled through MyOrder — the mobile ordering and payment service backed by Rabobank... More
Shake enables Bitcoin payments using NFC
Bitcoin wallet provider Shake has introduced the first version of its app to let consumers make everyday purchases using the virtual currency with a tap of their NFC device at any contactless terminal... More