What's New in Payments

Barclays signs digital and mobile payments deal with PayPal

Barclays and PayPal announce industry leading partnership — Barclays — “Consumers are expected to benefit from a raft of new features that will make it even easier to manage their PayPal account in Barclays digital channels, and to use their Barclays products in their PayPal digital wallet… PayPal and Barclays will explore unique ways to connect Pingit and PayPal to improve how customers can move and manage their money. The partnership will also explore opportunities for US consumers to redeem Barclays reward points at businesses that accept PayPal worldwide.”


Transit Ticketing Today

Beijing Metro begins accepting QR code mobile tickets at turnstiles

QR code smartphone tickets available for subway — China.org.cn — “Travellers in Beijing can now use a QR code on their smartphone as a ticket to ride the subway… Passengers can download an app called RuubyPay that generates a QR code ticket that can be read using a scanner built into the subway turnstiles. The QR code scanning app can be used on any smartphone running iOS or Android that is connected to the internet, according to Sina.com. Tickets can be paid for using a linked bank, Alipay, or JD Finance account.”


What's New in Payments

Paytm introduces NFC payments in India

Paytm Tap Card launched, allows offline payments in less than a second — NDTV — “There are a large number of people who at times do not have access to the internet or they have a limited daily budget so they shy away from using online payments. For them, we offer the Paytm Tap Card to enable seamless offline payments. For ensuring a wider acceptance, we are also reaching out to the merchants and are actively enabling them with NFC POS terminals to accept payments.”


What's New in Payments

Ingenico and USA Technologies team up to bring contactless payments to unattended retail locations

Ingenico Group and USA Technologies announce a three year strategic alliance agreement — USA Technologies — PARTNER NEWS — “Through the Alliance Agreement, both companies will partner to pursue the unattended retail marketplace with a bundled solution that pairs Ingenico Group’s innovative hardware, software, security and services solutions portfolio with USAT’s comprehensive ePort Connect services platform specifically designed for the unattended retail market.”


What's New in Payments

Chinese consumers made over 275bn mobile payments in 2017

China’s mobile payment posts robust growth in 2017 — Xinhua — “Domestic commercial banks handled over 37.5bn mobile payment transactions last year, up 46.06% year on year, according to the report from the Payment & Clearing Association of China. Non-banking payment institutions handled over 239bn mobile payment transactions, surging more than 146%.”


What's New in Payments

One in four Koreans now use their phone to make mobile payments

More than quarter of South Koreans use mobile payment services — The Korea Times — “The survey of 2,500 adults, conducted by the Bank of Korea (BOK) between September and October last year, showed that 26.1% of respondents had used a mobile device such as a smartphone or tablet computer for payment services in the previous six months… Online purchasing was the most frequently used service through mobile devices with 86.6%, followed by offline mobile settlement with 34.7% and mobile transportation payment with 21.6%.”


What's New in Payments

Amazon begins delivering parcels to consumers’ cars

Buckle up, Prime members: Amazon launches in-car delivery — Amazon — “Millions of Prime members with Chevrolet, Buick, GMC, Cadillac and Volvo cars can now use Amazon Key to have their Amazon packages delivered inside their vehicle parked at home, work or near other locations in their address book. In-car delivery is available at no extra cost for Prime members — customers simply download the Amazon Key App, link to their connected car and start ordering on Amazon.com; no additional hardware or devices required.”


What's New in Payments

Copenhagen Business School lets students make payments with just their finger — no card or smartphone required

Pay with the touch of a finger — Nets — “Now, students and visitors at Copenhagen Business School (CBS) can leave their cash, cards and smartphones behind and buy lunch using just their finger… The payment process is very much like other contactless payments but the increased security creates one key difference — even high-value transactions do not require the extra step of PIN entry.”




What's New in Payments

Walmart files blockchain payments data storage patents

Walmart wants to store payment data on a blockchain — Coindesk — “Newly published patent filings from retail giant Walmart hint at a plan to store payments data using blockchain tech. The two applications — published on Thursday by the US Patent and Trademark Office (USPTO) — both reference using a blockchain-powered platform to secure the payment data, ensuring that private information can’t be access by unauthorized parties.”


What's New in Payments

Card networks to co-develop single buy button for online transactions

Shiny new button may help Visa, Mastercard and AmEx fight PayPal — Bloomberg — “Visa Inc and Mastercard Inc, the world’s largest card networks, told an industry conference they will combine their Visa Checkout and Masterpass payment options into a single button. Spokesmen for American Express Co and Discover Financial Services said their firms also will join the project… The new system will rely on Visa and Mastercard’s token technology.”


What's New in Payments

PayPal can now be used to make Samsung Pay mobile payments in US stores

Continuing to make choice a reality with Samsung Pay — PayPal — “Today, we have begun rolling out the ability for consumers to use PayPal within Samsung Pay and make purchases at the millions of retailers that accept Samsung Pay. Samsung Pay users can load their PayPal account with the debit card or bank account found in their PayPal Wallet for use in-store — all while continuing to earn Samsung Rewards points.”


Chinese province uses Alipay QR codes for citizen ID

China to launch e-ID cards for citizens via phone QR codes — Asia Times — “China requires its citizens to produce ID cards for verification when checking in at a hotel, boarding a train or plane or accessing government services. Now with the e-ID card, a user can just tap an Alipay app to show their QR code for similar verification, while leaving their wallet or physical card at home.”


What's New in Payments

Facebook to launch Messenger payments in India

Facebook ready to enter payments in India, begins beta with recharges on Messenger — FactorDaily — “Two sources in the know of the development told FactorDaily that Facebook has been quietly working on building a payments platform, which is independent of WhatsApp payments. ‘The platform will be separate from WhatsApp and will allow peer-to-peer and peer-to-merchant payments,’ said the first source.”


What's New in Payments

Walmart equips garden centre staff with mobile checkout devices

Walmart launches Check Out With Me, a new service designed to save customers time — Walmart — “A Walmart associate scans a customer’s items with the Check Out With Me mobile device, swipes their credit card and provides them with a receipt – printed or electronic options available. Customers just pay and go. It’s as simple as that.”


What's New in Payments

Chevrolet and Shell let drivers pay for fuel and access offers from their vehicles

Chevy and Shell deliver fuel payment from the comfort of the driver’s seat — Chevrolet — “Chevrolet and Shell are rolling out the automotive industry’s first embedded, in-dash fuel payment and savings experience. This new feature will allow drivers of eligible Chevrolet vehicles to pay and save directly through the touchscreen in their vehicle when they fuel up at participating Shell-branded stations, without swiping a credit card or using a mobile device.”



What's New in Payments

Charity to roll out contactless donation screens following successful three week pilot

Contactless donations project raises thousands for homeless in Cardiff — Wales Online — “The interactive window in the city centre allows passers-by to tap their card on the screen and donate £2 (US$2.85) to homeless charities… A total of 430 kind-hearted shoppers in Cardiff swiped their contactless cards to give money to the homeless in just three weeks… Following its success during the trial in March the Give DIFFerently campaign now hopes to roll out more contactless points across the city.”


What's New in Payments

Google’s mobile payments app has now been installed 100m times

Google Pay hits 100m installs on the Play Store — Android Police — “100m is impressive, but it may not be nearly as impressive as you’re imagining. For instance, Google Pay uses the same Play Store listing and APK pname (com.google.android.apps.walletnfcrel) as Android Pay, which Android Pay continued to use from Google Wallet. Additionally, Google Wallet/Android Pay/Google Pay has been pre-installed on quite a few devices.”