The Reserve Bank of India (RBI) has increased the limit of money that can be kept in a mobile wallet to Rs 20,000 (US$291) from Rs 10,000 (US$145.5) following the withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes... More
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Starbucks takes mobile payments to 260 stores in Indonesia
Customers at coffee chain Starbucks in Indonesia can now make mobile payments at 260 stores nationwide by scanning a barcode at the point of sale using the company’s mobile app and completing the payment using a registered Starbucks Card... More
Visa reports EMV increase in US
There are now 388.8m Visa EMV cards circulating in the US, 180.6m of which are credit cards and 208.3m debit cards, the payment network has revealed... More
120m mobile wallets connect to MFS Hub
Some 120m mobile wallets in Sub-Saharan Africa are now connected to mobile financial services provider MFS Africa’s MFS Hub... More
Muji to accept Alipay in Chinese stores
Retail giant Muji is to accept Alipay mobile payments in nearly 200 stores in mainland China... More
Visa warns of ‘serious disruption’ to online payments from EBA proposal
Visa is warning a proposal from the European Banking Authority (EBA) requiring every online transaction over €10 (US$10.61) to have additional authentication steps at checkout will “seriously disrupt online shopping and cause inconvenience for consumers”... More
Samsung Pay aims for Taiwan mobile payments lead
Samsung Pay is aiming to grasp “the largest share” of the Taiwan market following approval from the Financial Supervisory Commission (FSC) to enter the country, along with Apple Pay and Android Pay... More
NFC payments coming to Android Wear 2.0?
A Google Play Services v10.0 APK teardown conducted by Android Police has revealed Google may be adding support for NFC payments through Android Pay to its Android Wear 2.0 smartwatch update... More
Samsung Pay opens pairing for Gear S3 smartwatch
Samsung Pay will be supported on Samsung’s Gear S3 Classic and Gear S3 Frontier smartwatches without having to be paired with a Samsung smartphone... More
Chase Pay goes live at Starbucks and Best Buy
Chase Pay has launched across 7,500 Starbucks and nearly 1,400 Best Buy locations across the US, allowing shoppers to make payments by scanning a QR code at the point of sale... More
Apple Pay advertising sparks strong rise in contactless payments at vending machines
Digital advertising promoting the availability of Apple Pay at unattended vending machines has resulted in a 36.5% increase in overall sales for cashless vending machine technology provider USA Technologies (USAT) as well as a 135.2% increase in NFC mobile payments, a six-month study now available to download from the NFC World Knowledge Centre reveals... More
Barclays pilots cash withdrawals using NFC mobile phones and contactless cards
UK bank Barclays has begun piloting a contactless mobile cash service that will enable customers to withdraw cash with a tap of their NFC mobile phones or contactless debit card... More
Byblos Bank launches HCE mobile payments
Customers of Lebanon-based Byblos Bank can now make host card emulation (HCE) based mobile payments using ByblosPay, a new service developed by the bank with Visa, CSC Bank and mobile app developer Foo... More
DigiTally project enables mobile money transfers without network coverage
A project enabling mobile money transfers to take place at the point of sale in areas of less-developed countries with poor or no mobile network coverage has been unveiled, by removing the reliance on SMS messaging, and, instead, allowing two people to conduct a payment by copying short authentication codes between their phones... More
Criminals reported to have used NFC mobile phones in Tesco Bank attack
UPDATE The criminals behind a Tesco Bank attack used NFC mobile phones to launder money stolen during a theft that saw about 9,000 customers affected by fraudulent transactions worth an estimated £2.5m (US$3.1m), according to a report in The Sunday Times... More
InComm to pilot dynamic CVV codes
Prepaid card provider InComm is to pilot a real-time authentication solution that will allow its cardholders to complete transactions using dynamic CVV codes that replace the static CVV codes printed on the back of cards... More
New Zealanders confidence in digital payments on increase
Nearly three quarters of New Zealanders (72%) trust that payments made via digital and mobile methods are secure, compared to 51% when digital payment methods first emerged, Visa reveals... More
Optus adds smart coffee cup to contactless payments range
Australian mobile network operator Optus has updated its range of contactless payment accessories to include a SmartCup — a coffee cup that includes the new Optus Pay PayTag in its base allowing consumers to make contactless payments up to US$100 at any payment terminal that accepts Visa PayWave... More
Abu Dhabi schools in talks to pilot BLE school bus project
UAE-based startup Smart Navigation Systems (SNS) is in talks with “several schools” in Abu Dhabi to begin piloting School Bus Application, a service that notifies parents of the safety of their children when travelling to school using Bluetooth Low Energy (BLE) beacons on buses... More