What's New in Payments

ICICI Bank launches HCE mobile payments in India

ICICI Bank

Customers of India’s ICICI Bank will soon be able to make host card emulation (HCE) based mobile payments at any contactless-enabled terminal using the bank’s Pockets app. The service, which makes use of tokenization, is currently available to the bank’s employees and is expected to go live for customers at the end of March 2016. More









What's New in Payments

MoboMoney takes sound-based mobile payments to India

ToneTag

Indian consumers can now make payments at participating retail locations using their mobile device and sound based technology developed by startup ToneTag. The feature has been integrated into MoboMoney, an NFC payments platform launched by information technology provider Tech Mahindra in December 2015, to extend the service to a greater number of mobile devices and merchants across the country. More



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