Royal Bank of Canada (RBC) has added support for host card emulation (HCE) to its RBC mobile app, “allowing Canadians to pay with most Android mobile phones without worrying about being on the right mobile network or having the right SIM card.” 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
Mozido buys CorFire
Cloud-based mobile payments platform provider Mozido has acquired the majority ownership of mobile commerce specialist CorFire, previously wholly-owned by South Korean IT services provider SK C&C... More
Line Pay makes debut
Line Pay, the mobile payments service unveiled in October by Tokyo-based instant messaging service Line, has made its global debut with the release of version 4.8.0 of the Line app... More
US consumers trust banks most with card data
Three in four online buyers (76%) are dissatisfied with the strength of credit card and personal information security among retailers with some 72% of respondents saying they trust their own bank the most with credit card data and personally identifiable information, US research from Bizrate Insights reveals... More
Samsung in talks with LoopPay?
Samsung is in talks with mobile payments startup LoopPay with a view to launching a mobile payments system to rival Apple Pay in the US in 2015, “multiple sources” have told Re/code... More
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Apple Pay hits 90% of credit cards by volume
Apple Pay has signed up support from “dozens more banks, retail stores and start-ups”, with new additions including SunTrust, Barclaycard, USAA, TD Bank North America, Commerce Bank and Amway Center — the home of the Orlando Magic basketball team — The New York Times reports... More
Alipay extends fingerprint IDs
Alipay has extended its fingerprint log-in capability for the Alipay Wallet to iPhone users, China Daily reports... More
Suncorp to offer NFC payments
Australia’s Suncorp Bank is to make NFC payments available to customers on select Android devices in 2015, Computerworld Australia reports... More
Barclaycard tests contactless payment gloves
Barclaycard has begun ‘testing’ woollen gloves that can be used to make payments at any of the 300,000 contactless POS terminals in the UK with a touch of a hand. More
Half of Brits interested in mobile payments
Almost one in two (47%) UK consumers are interested in mobile payments, research from Oxygen8 has found, with 11% saying they would like to use their mobile phone only, replacing the use of credit and debit cards altogether... More
Apple store adds PayPal
PayPal is now available as a payment option in Apple’s online retail store for US and UK shoppers having previously only been available as a payment option in Apple’s app and content stores, Re/code reports... More
NFC World’s Sarah Clark to chair mobile payments session at CES 2015
The editor of NFC World+ will be at the International CES in Las Vegas from 4-9 January to chair the future of mobile payments conference session and meet up with readers to discuss the latest technologies and trends. More
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European payments startup funding surges
Nascent payments and transaction processing companies in Europe raised US$417.9m through 26 deals in the nine months to September, more than seven times the amount raised during the same period last year, research from Dow Jones VentureSource reveals... More
Taiwanese banks sign up for NFC
Twenty seven banks have signed up to use an NFC payments hub being introduced by Taiwan Mobile Payment Co (TWMP), a joint venture formed in July 2014 by three Taiwanese banking groups that will work with local carriers to enable the banks to securely provision customers’ card details to their NFC phones... More
Chick-fil-A rolls out mobile payments
Fast food chain Chick-fil-A has rolled out mobile payments to all of its US restaurants, with the exception of licensed locations, following a pilot that began in June 2014... More
MasterCard to offer interactive payment cards to its issuers around the world
Interactive payment card developer Dynamics has signed a deal with MasterCard that will see the payments network offering the startup’s technology to its issuers around the world. MasterCard has also participated in Dynamics’ US$70m Series C funding round along with Canada’s CIBC and existing investors. More
US online buyers warm to mobile payments
Two fifths (40%) of US online buyers like the idea of making a mobile payment instead of carrying around a wallet with 76% saying they are dissatisfied with the strength of credit card security among retailers, a survey conducted by Bizrate Insights has found... More
One in four US smartphone owners have paid by mobile
Almost a quarter (24%) of US smartphone owners have now used one or more mobile payment apps, research from PunchTab has found... More
Mobile payments platform Sixdots goes live with multiple banks in Belgium
Customers of nine banks representing 80% of the Belgian market can now make use of Sixdots, a mobile wallet service that uses a combination of QR codes and a six-digit PIN to make payments in stores, online and between friends. More
MasterCard takes HCE to China
MasterCard’s cloud-based payment service is now available in China, following its initial launch in the US in September 2014... More