Some 42% of US IT decision makers have taken no steps or are unaware of any progress being made in the migration towards EMV, research from Randstad Technologies finds, with only 58% actively preparing in time for the October liability shift deadline... More
- Apple Pay users in the US to get buy now pay later option with iOS 16
- BIS reports on CBDCs in emerging markets
- Moroccan bank launches biometric payment card
- US digital bank introduces contactless payments rings
- Riksbank completes digital currency payments pilot
US shoppers make more mobile payments
One in seven US shoppers has made a mobile payment during the last year and 68% are using alternative payment methods more often than a year ago, a survey by Blackhawk Network reveals... More
Subway adds PayPal to mobile app
Restaurant chain Subway is to add PayPal as a payment option in its mobile order and pay app to allow customers to make in-app and in-store payments in 27,000 US locations... More
Commonwealth Bank adds loyalty to mobile app
Commonwealth Bank has added a loyalty feature to its mobile banking app that also offers HCE payments, allowing users to store loyalty cards and redeem them at the checkout with their NFC phone or by scanning the loyalty card barcode... More
Samsung and MasterCard prepare Europe for Samsung Pay
Samsung has announced it is extending its global partnership with MasterCard to deliver Samsung Pay to European card issuers using the MasterCard Digital Enablement Service (MDES) — and is currently working with European banks and partners to bring the mobile payment service to the continent following a planned launch in the US and South Korea later this year. More
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Stripe gets access to Visa Token Service through strategic partnership
Mobile and online payment provider Stripe has entered into a strategic partnership with Visa that will make it one of the first beta partners to connect to Visa’s network capabilities, giving its developer community access to the payment network’s tokenization service. More
42% of US iPhone 6 owners use Apple Pay in May and June
More than two fifths of iPhone 6 and 6 Plus users reported having used Apple Pay between the end of May and mid-June, with 84% making more than three in-store transactions, the bi-monthly Apple Pay tracker from Auriemma Consulting Group (ACG) reveals. More
Colombia festival visitors first to use Plazez mobile payments service
Thousands of visitors at last weekend’s Zona Picnic Club festival in the Colombian capital Bogota have become the first to use a mobile payment service developed by payment processor Paymentez and MasterCard to pay for food and drink at stalls throughout the event. More
MasterCard token platform close to Australia launch
MasterCard’s token platform MasterCard Digital Enablement Service (MDES) could soon be rolled out across Australia following its launch in the US in September 2014... More
Burger King adds MasterPass to US app
Burger King is to add MasterCard’s MasterPass functionality to its mobile app, allowing customers in the US to find the nearest restaurant, explore the menu and pay directly with their phone... More
HSBC and First Direct go live with Apple Pay in UK
HSBC and First Direct customers in the UK can now add their debit and credit cards to Apple Pay, allowing them to use their iPhone, Apple Watch or iPad to pay at more than 250,000 locations... More
HKT launches NFC mobile payments service in Hong Kong
Hong Kong Telecommunications (HKT) subsidiary HKT Payment has launched a SIM-based NFC mobile payment service to let customers of its 1010 and Csl mobile service brands pay at more than three million locations worldwide which accept MasterCard PayPass, using funds stored in their Tap & Go mobile wallet account. More
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Wearable payments to reach $501bn by 2020
Payments made using wearable devices such as smart watches, fitness trackers and wristbands will grow from US$3.1bn in 2015 to $501.1bn worldwide by 2020, research from market intelligence firm Tractica finds... More
OneBit tests Bitcoin payments via NFC
Bitcoin mobile wallet provider OneBit has begun alpha testing its mobile payment service which works via NFC at the point of sale wherever MasterCard is accepted... More
US shoppers buying into mobile payments
Almost one in five US consumers (18%) have used a mobile device to make either an in-store or online purchase, up from 16% in 2014 and 12% in 2013, research from Synchrony Financial reveals, based on nearly 7,000 Synchrony Bank cardholders and shoppers nationwide... More
Square ‘files for public offering’
Mobile POS provider Square is reportedly set to go public after the company filed confidentially for an initial public offering... More
Visa signs up 2,300 financial institutions for Visa Token Service
More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call. More
One in five Starbucks sales in the US made with mobile payments
Coffee chain Starbucks is processing nearly nine million mobile payments a week across its US locations, representing 20% of all in-store transactions, CEO Howard Schultz revealed during the company’s third quarter earnings call. The company is also on track to roll out its Mobile Order & Pay service across all its US stores this year. More
Shell UK rolls out PayPal mobile payments at the pump
Motorists at oil and gas company Shell UK service stations can now make mobile payments at the pump using their Shell Motorist app and PayPal account. The move follows the announcement of the company’s plans to roll out the service across the “vast majority” of its 1,000 UK locations earlier this year. More
More than 50,000 European taxis to accept NFC mobile payments
Fifty thousand taxis across Europe will soon be upgraded to accept payments for journeys with either a tap of a passenger’s NFC phone using a mobile app provided by The Payment House or using a contactless card. The solution is to be rolled out with taximeter provider Digitax using an mPOS gateway provided by Payworks. More