Royal Bank of Canada (RBC) has been awarded a patent for its Secure Cloud mobile payments platform by the United States Patent and Trademark Office, covering the use of secure tokens by the bank’s clients to facilitate payments from mobile devices... 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
PayPal launches PayPal.Me
PayPal has launched a P2P payment service in 18 countries that lets consumers request money by sharing a personal PayPal.Me link... More
Ingenico joins WorldPay bidding war
Point-of-sale terminal maker Ingenico has submitted a bid for UK-based payment processor WorldPay... More
Uber ‘to launch mobile wallet in India’
Taxi service Uber is to introduce its own mobile payment wallet in India, Times of India reports... More
Payments boost from contactless limit rise
The UK contactless limit increase from £20 to £30 could enable an extra three million Visa contactless transactions a day, worth more than £70m, Visa Europe says... More
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Brits spend £2.5bn with contactless in first half of 2015
More than £2.5bn (US$3.8bn) was spent using contactless cards in the UK in the first half of 2015 compared to £2.32bn (US$3.55bn) for the whole of 2014, research from The UK Cards Association reveals as the UK contactless limit is raised from £20 (US$30) to £30 (US$46). More
Google Play adds Android Pay option
A new update to the Google Play services app could let users select between Google Wallet and Android Pay under a ‘Tap and Pay’ option... More
UK contactless limit increases to £30
The contactless spending limit of £20 (US$30) has risen to £30 (US$46) across the UK today... More
Join NFC World and Gemalto to learn how to develop a successful mobile payments roadmap
NFC World will host a free webinar on Tuesday 22 September to help issuers and processors learn how to develop a mobile payments strategy that offers both a winning service for customers today and long-term flexibilty for the future. More
Half of Brits expect to replace cash with new technologies
More than a quarter of UK consumers (27%) think they will be making payments using wearable devices including watches and wristbands within 10 years, 22% think they will be regularly using their fingerprint to make those payments and 7% think they will use a microchip embedded in their body, research from Lloyds Bank reveals. More
Wienerschnitzel launches mobile payment and loyalty app
US fast food restaurant chain Wienerschnitzel has launched a loyalty based mobile app that also comes equipped with mobile payment capability to reward customers for purchases made at checkout using a point system. More
CaixaBank launches HCE mobile payments app
Spain’s CaixaBank has broadened its range of mobile payment services with the launch of CaixaBank Pay, a new app based on host card emulation (HCE) that allows users to make online and in-store payments at any contactless terminal. The bank estimates that the service could be used by more than 70% of its mobile banking customers. More
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PayAnywhere reader supports Apple Pay
Credit card processor North American Bancard has introduced a new version of its PayAnywhere mobile credit card reader, which accepts Apple Pay, contactless NFC payments and magnetic stripe credit cards... More
SumUp raises €10m in funding
European mPOS company SumUp has announced €10m (US$11.2m) in funding from investors including BBVA Ventures and Groupon, taking the company’s funding total to €50m... More
Samsung Pay opens US beta test
Samsung has begun inviting those eligible to take part in a Samsung Pay beta test in the US ahead of the mobile payment service’s launch next month... More
UK contactless spending up 150% in last 12 months
The amount that UK consumers are spending using contactless has risen 150% in the last 12 months, with the number of transactions up 134%, research from Barclaycard has revealed. More
Coin unveils EMV-ready Coin 2.0 with NFC
Connected device maker Coin has released a new version of its electronic magnetic stripe card that is EMV-ready and incorporates NFC, allowing users to store credit and debit cards and make both contactless and swipe payment transactions for in-store purchases. More
MCX adds offers and discounts to CurrentC mobile wallet
US retailer-led consortium MCX has announced a partnership with promotions management and processing provider Inmar to bring digital promotions from US brands to its yet-to-launch mobile wallet platform CurrentC. The deal will enable users to automatically redeem offers and discounts at checkout on their mobile devices. More
Google says Android Pay is coming ‘soon’
Google has broken its silence following speculation its Android Pay mobile payments platform was to be launched on August 26 by confirming it will be available soon... More
PayPal One Touch expansion
PayPal has extended its One Touch mobile payments solution to 13 new markets: Australia, Austria, Belgium, Denmark, France, Germany, Netherlands, Norway, Poland, Spain, Sweden, Switzerland and Turkey... More