Apple Pay revenue and transactions have “more than doubled year-over-year with over 3bn transactions in the September quarter, exceeding PayPal’s number of transactions and growing four times as fast,” Apple CEO Tim Cook has revealed... More
Public transportation operator First Group has begun a pilot of a new mobile ticketing service that uses host card emulation (HCE) to let customers with an Android NFC phone purchase a bus ticket, provision it to Google Pay and then use their smartphone to tap an on-board contactless reader when they board a bus... More
Pay with your face system coming to Canada, but not everyone is on board — Yahoo Finance — “Ryan Li, Foodymart’s executive manager, sees the technology as an opportunity to grow his company’s business by attracting new customers, as well as cutting down on checkout times. Li also said between 50% and 60% of Foodymart customers have lived in China, and he expects most of them have previously interacted with a facial recognition payment system.”
Customers of Canada’s CIBC bank can now replace a lost or stolen credit card “in a few simple steps through mobile or online banking and instantly use the new card with their mobile wallet before the physical card arrives”... More
The National Bank of Cambodia has begun the rollout of a national mobile payments platform based on real-time funds transfers, QR mobile payments and a single electronic clearing system... More
Mastercard to launch solution for smartphones to become contactless acceptance devices — The Hindu BusinessLine — “If your phone has NFC, then it can become a point-of-sale (POS) device. A customer can tap the contactless card on the phone,” said Vikas Saraogi, vice president of acceptance development at Mastercard, adding that it is likely to be launched in India in the first half of next year.”
A face recognition-based biometric payments system installed at 1,000 7-Eleven outlets in southern China last May has been adopted by 10% of the convenience store’s customers, the retailer has told Nikkei Asian Review... More
Uber announces deeper push into financial services with Uber Money — CNBC — “The company announced on Monday the formation of a new division called Uber Money to house its efforts, which include a digital wallet and upgraded debit and credit cards. The emphasis, at first, will be expanding Uber’s efforts to give its four million-plus drivers and couriers around the world access to a mobile bank account so they can get paid after each ride. Uber could one day offer a bank account to consumers on its platform, according to Uber Money head Peter Hazlehurst.”
Employees of 14 Vancouver-based businesses have been issued with a new type of transit card that lets them use a single payment method for travel on public transport operator TransLink, for bike sharing with Mobi by Shaw Go and car sharing with Modo and Evo — and then “view expenses for each mode at the end of the month in one convenient location, through a streamlined expense report”... More
China remains the country with by far the highest mobile payments adoption rate, with 81.1% of smartphone owners making use of the technology, eMarketer reports... More
Gautrain, the commuter rail service that connects the South African cities of Johannesburg and Pretoria, is to let passengers use their contactless bank cards to pay for their journeys by tapping on and off the service from 31 October... More
Uber users in Delhi can now use the app to plan journeys on the Delhi Metro and on local bus services — and will soon be able to purchase train tickets from within the Uber app as well... More
Three in ten US smartphone owners now use a mobile payments app to make payments in stores — and Apple Pay is now the most popular with 30.3 million users, according to new research by eMarketer... More
Australia’s Transport for NSW has introduced Opal Connect, a new service that aims to become “a one stop shop for all transport transactions and information, whether it is public transport, rideshare, taxis, parking and even tolling”... More
US fast food restaurant giant Chick-fil-A has launched a mobile ordering service that lets customers place food orders with their mobile phone and then tap a numbered NFC tag on their table to confirm where they are sitting so that their meal can be brought directly to their seat... More
Mastercard has signed up four WHSmith retail brands for Pay by Bank (PbBa), a strong customer authentication-compliant payments service that uses customers’ mobile banking apps and the UK’s faster payments system to let online retailers accept payments direct from shoppers’ bank accounts... More
PARTNER NEWS: Visa has announced that it has now completed its acquisition from Rambus of the company’s payments and ticketing businesses — formerly known as Bell ID and Ecebs... More
A new bus ticketing system that lets passengers use face recognition to make hands-free payments for their tickets has entered pilot testing in Kazakhstan’s capital city of Nur-Sultan... More
Shoppers at 30 US supermarkets operated by Netherlands-based retail giant Ahold Delhaize will be able to use their mobile phone to scan items as they shop and then self-checkout and pay by the end of this year... More
American Express, Discover, Mastercard and Visa have gone live with an online checkout service that lets merchants add a single buy button to their sites to accept payments from any of the networks’ cardholders — without them first needing to create an account with the merchant or enter detailed payment data... More