Apple Pay will be available in the UK from July 2015, vice president of Apple Pay business Jennifer Bailey has announced at the iPhone maker’s Worldwide Developers Conference (WWDC). Users of the mobile payments service will also be able to add store credit, debit and loyalty cards to their Apple mobile wallet from “this fall”. 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
Carta and YellowPepper take HCE to Latin America
PARTNER NEWS: Carta Worldwide is to provide its host card emulation (HCE) technology to Latin American mobile payments specialist YellowPepper, allowing it to offer the “latest in mobile payments technology” to the region’s banks and merchants. More
Dutch banks plan instant payments
Dutch banks have laid out plans to facilitate instant payments within four years, with a view to creating a “new payment infrastructure” that would transfer payments within five seconds... More
Google misses out on transaction fee revenues
Google won’t earn any transaction fees from credit card issuers for Android Pay, unlike Apple which receives 0.15% of the value of each credit card transaction made with Apple Pay, sources have told The Wall Street Journal.“That is because Visa and MasterCard recently standardised their tokenization card-security service and made it free, preventing payments services from charging fees to issuers,” the newspaper reports... More
Samsung smartwatches to support Samsung Pay?
Samsung is planning to offer Samsung Pay mobile payments on the smartwatch devices it is scheduled to launch in the second half of this year... More
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Apple Pay to launch in UK this summer?
Apple is reported to be planning to launch Apple Pay in the UK this summer, with an announcement expected today at the company’s Worldwide Developer Conference... More
UK retailers to go 100% contactless by 2020
“From the beginning of next year, any new payment terminal that gets deployed has to accept contactless,” MasterCard’s head of emerging payments products Mike Cowan told attendees at the company’s Future of Payments event in London this week, TechWeek Europe reports... More
Less than a quarter of top US retailers accept Apple Pay
Fewer than a quarter of the National Retail Federation’s list of the top 100 US retailers are now accepting Apple Pay, with nearly two-thirds saying they will not be accepting it this year and only four saying they have plans to add support in the next 12 months, research conducted by Reuters has found... More
Verizon announces investment in SimplyTapp
PARTNER NEWS: Verizon Ventures, the investment arm of US carrier Verizon, has revealed that it was the undisclosed lead investor in a Series B funding round for HCE specialist SimplyTapp that totalled US$6m. More
AT&T boss admits mobile payment failure
The CEO of AT&T has admitted that the US carrier’s mobile payment efforts have failed in light of the closure of Softcard, the joint venture between it, T-Mobile USA and Verizon... More
One in five Europeans expect to make daily mobile payments by 2020
One in five Europeans expects to use their mobile phone to make payments on a daily basis by 2020, growing from the one in ten who do so already today, research from Visa Europe has found. 53% expect to use their devices for payments at least once a week and 43% are also interested in making in-store NFC mobile payments. More
Kantar: 13% of US iPhone 6 owners have used Apple Pay
Some 13% of iPhone 6 and 6 Plus owners in the US have used Apple Pay and 11% are planning to do so, a survey conducted by Kantar Worldpanel has revealed. Only 2% choose not to use the mobile payments service due to lack of trust, 4% do not use it because they don’t understand how it works, while 11% say their credit cards “work just fine.” More
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MasterCard ready to “switch on” Apple Pay in Europe
MasterCard is “absolutely ready” to switch on Apple Pay in the UK and Europe and is just waiting for the iPhone maker’s green light... More
Pinterest integrates Apple Pay into Buyable Pins
Visual discovery app Pinterest is to let its users make payments through Apple Pay on its platform by clicking on Buy buttons that will be integrated into a retailer’s page, including those from Macy’s, Neiman Marcus and Nordstrom. More
Execs look to disrupt payments value chain
Nearly half (44%) of payment executives globally cite reducing the number of fee collectors in the payments value chain as their “top opportunity”, ranking higher than targeted offers (41%) and mobile (39%), ACI Worldwide and Ovum reveal... More
Apple Pay added to 12 banks
Apple has added a further 12 US banks and credit unions to its list of participating financial institutions... More
Four in ten UK smartphone owners willing to make NFC mobile payments
Almost two fifths (38%) of UK smartphone owners are willing to make NFC mobile payments, research carried out by YouGov on behalf of business process management company Firstsource Solutions has revealed. More than half (55%) of 18- to 24-year-olds are willing to do so, compared to less than a quarter (24%) of those aged over 55. More
37% of vending payments cashless
Cashless payments now account for 37% of all transactions made on vending machines equipped with USA Technologies’ ePort Cashless Payment System, data from the company’s 2015 Cashless Knowledge Base Study has found... More
Samsung mobile commerce boss talks Samsung Pay, Android Pay and launch delay
Samsung Pay is to launch in Korea and the US in September 2015, later than originally planned, and then roll out to Europe, China, Australia and South America, executive vice president of mobile commerce Dr Injong Rhee has revealed at the Samsung Electronics 2015 Investors Forum. More
Samsung delays Samsung Pay launch
Samsung has delayed the launch of its Samsung Pay mobile payment service from this summer to September this year, Dr Injong Rhee, Samsung’s executive vice president of mobile commerce, has revealed during an investor meeting. More