What's New in Payments

Samsung Pay to launch in India with support from five Visa and Mastercard issuers — and Paytm

Samsung Pay India

Samsung has begun inviting Galaxy phone owners in India to register for early access to Samsung Pay. Customers can opt to pre-register Axis Bank, HDFC Bank, ICICI Bank and Standard Chartered Bank debit or credit cards and SBI Cards credit cards today with support for American Express and Citibank to follow. Paytm’s market leading mobile wallet will also be supported by the service. More



What's New in Payments

Cook: Apple Pay has “hit an air pocket”

Apple CEO Tim Cook told attendees at the company’s annual shareholder meeting this week that Apple Pay “hit an air pocket” this year with adoption in the US trailing other countries, such as China and Australia, where NFC is more broadly available, AppleInsider reports from the event... More



What's New in Payments

UK sees 250% rise in NFC mobile payments in stores

Worldpay

The number of mobile transactions as a percentage of all in-store transactions has grown by 247% in the UK over the last year, analysis of transaction data and a consumer survey conducted by payments processor Worldpay has found. Workers paying for lunch on the go and payments for drinks in bars are the main drivers of the increase in transaction volume. More