Morgan Stanley customers in the US can now add their debit cards to Apple Pay... 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
Chip makers AMS and ST team up for wearable NFC payments
PARTNER NEWS: The technology used to boost the NFC signal in Apple’s iPhone 6 and 6 Plus is now being made available for easy use by a wide range of wearable device and mobile phone makers, courtesy of a partnership between Apple supplier AMS and STMicroelectronics. More
Google ‘to release Android Pay API in May’
Google is working on an Android Pay API that will be “built from the ground up” for Android developers and makes use of host card emulation, “a source close to the matter” has told Ars Technica. The service is expected to be launched at Google’s I/O conference in May 2015 and looks set to support both Google Wallet and Android-based mobile wallets offered by handset makers like Samsung. More
Chase discusses Apple Pay and its own mobile wallet plans
More than a million JPMorgan Chase cards have now been activated for use on Apple Pay since the mobile payment service launched last year, the bank has revealed, and 69% of the activated cards are credit cards. Users are typically younger and have high incomes. More
Neiman Marcus rolls out QR payments
Luxury fashion retailer Neiman Marcus has launched a mobile wallet in partnership with Capital One to let its customers make in-store payments using their mobile phone and a preloaded credit card... More
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MasterCard reports on HCE payments tests in 15 countries
MasterCard is currently conducting more than 25 host card emulation (HCE) projects in 15 countries, the payments network has announced, with multiple issuers now moving close to commercial deployments. More
Testing Mobile Payments: HCE and Tokenization webinar — See it now on NFC World
NFC World’s ‘Testing Mobile Payments: HCE and Tokenization’ webinar is now available to view online. 558 people registered to attend the live event and participants gave the presentation an overall rating of 4.2 out of five. More
Visa Europe to introduce customized token platform
Visa Europe is to launch a tokenization service “customized for the needs of the European market”, the payments network has announced. The new service will be available for financial institutions from mid-April 2015. More
Australia to get Visa tokens in 2015
Australia is to become the second country after the US in which Visa Inc will roll out tokenization... More
Softcard confirms it is to shut down
Google’s deal with AT&T Mobility, T-Mobile USA and Verizon Wireless to have Google Wallet pre-installed on their Android phones marks the end of the road for Softcard, the NFC payments joint venture set up as Isis by the three US carriers in 2010. More
Berg Insight reports on NFC POS terminal growth
An estimated 9.5m NFC-ready point-of-sale (POS) terminals were shipped worldwide in 2014, research from Berg Insight has revealed, and the company forecasts that the global installed base of NFC-ready POS terminals will grow at a compound annual growth rate of 28.4% from 21.4m in 2014 to 74.9m in 2019. More
500 sign up to learn about testing cloud payments
More than 500 people have registered to attend tomorrow’s NFC World webinar on testing cloud-based mobile payments, when technical expert Gerd Thys from Clear2Pay will explain why and how you should be testing your offering before going to market... More
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Consultant: Apple Pay fraud “rampant”
Apple Pay fraud levels are now “rampant” with every Apple Pay (AP) issuer having seen “significant” provisioning fraud, payments consultant Cherian Abraham claims in a detailed blog post... More
Google teams up with US carriers for NFC mobile payments
Google Wallet will be pre-installed on all Android phones supplied by Softcard partners AT&T Mobility, T-Mobile USA and Verizon Wireless from “later this year”, Ariel Bardin, Google’s vice president of payments, has announced. More
Google renews wallet discussions with carriers
Google is in a new round of discussions with mobile network operators to get its Google Wallet payments service widely distributed on mobile devices, the Wall Street Journal reports, with incentives on offer believed to include paying carriers to feature Google Wallet prominently on their Android phones and, potentially, a share of advertising revenues... More
HSBC to introduce HCE NFC payments on Android phones?
There are signs that global bank HSBC could be preparing to roll out host card emulation (HCE) based NFC payments on Android devices in the UK, after an NFC World reader spotted that the HSBC mobile banking app now shows as an option under the “Tap & pay” menu in Android’s settings. More
Six in ten US terminals to support EMV chip cards by year end
About 59% of US point-of-sale (POS) terminals will be EMV-enabled by the end of this year, research by Aite Group has revealed, with NFC distribution projected to “ramp at the same rate as EMV distribution,” senior analyst Thad Peterson tells NFC World. More
Samsung confirms mobile wallet ambitions with LoopPay deal
Samsung Electronics has announced it is to buy LoopPay, the startup that has developed a way for mobile payments to be made at standard magnetic stripe card terminals. LoopPay’s technology is expected to form part of a new service to rival Apple Pay that will be announced at Mobile World Congress 2015. More
Understanding tokenization and host card emulation webinar: See it now on NFC World
NFC World’s ‘Understanding tokenization and host card emulation’ workshop is now available to view online. 756 people registered to attend the live event, and participants gave the presentation an overall rating of 4.2 out of five. More
Burger King puts mobile payments in the fast lane
Burger King has begun testing a mobile payments service in Germany that allows customers to place and pay for orders using their mobile phone and then use designated fast lanes at participating restaurants to collect their orders. More