The next event in NFC World’s free educational webinar series will be a unique opportunity to get answers to your technical, business and operational questions on mobile payments from host card emulation (HCE) pioneer Doug Yeager, co-founder and CEO of SimplyTapp. 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
TD Bank to pilot NFC payments with Nymi biometric wristband
More than 100 TD Bank customers in Toronto, Canada are to begin piloting an NFC version of Nymi, a biometrically authenticated wristband that uses the wearer’s unique cardiac rhythm to verify their identity. RBC Royal Bank and “other Canadian issuing banks” began pilot testing the Nymi Band in collaboration with MasterCard in November last year. More
Kona I unveils Kona Pay
South Korean smart card provider Kona I has unveiled Kona Pay, a platform that allows banks and credit card firms to develop mobile payment services based on NFC, QR and barcodes... More
CurrentC to be tested in Ohio
Mobile payments consortium MCX will test its CurrentC mobile wallet in Columbus, Ohio, in the coming weeks, The Wall Street Journal reports... More
MCX member Rite Aid to accept Apple Pay and more
US pharmacy chain Rite Aid, a member of the MCX retailer-owned mobile payments consortium, will accept Apple Pay and other mobile payment services in its stores from August 15, following its decision to stop accepting NFC payments in the wake of the launch of Apple Pay in October last year. More
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LG U+ to issue UnionPay mobile credit cards in China
Korean mobile network operator LG U+ will issue UnionPay mobile credit cards and payment services in China, in partnership with KB Kookmin Card, from next month... More
Apple Pay gets 98% satisfaction rate for in-store purchases
Apple Pay has gained a 98% satisfaction rate among those that have used the mobile payments service to make an in-store payment in the US, Auriemma Consulting Group’s Marianne Berry has told NFC World, adding that the average number of in-store Apple Pay purchases per week among all users now stands at 2.6. More
PaidEasy raises $2m in seed funding
Mobile payment startup PaidEasy has announced a seed round of funding valued at US$2m... More
Indian mobile payment provider ToneTag raises $1m
Indian mobile payment provider ToneTag, which enables contactless payments through mobile phones using sound waves or NFC technology, has raised US$1m from Reliance Capital... More
Mobicash offers NFC payments at vending machines
Mobile financial services provider Mobicash is to allow users in Pakistan to make NFC mobile payments at Wavetec vending machines following a trial... More
PayPal launches contactless reader in UK
PayPal has launched the new version of its PayPal Here card reader, equipped with contactless, in the UK following its unveiling in March... More
Moldovan bank offers cardless ATM transfers
Customers of Moldova’s Moldindconbank can now transfer funds from their accounts to individuals using ATMs equipped with OpenWay’s Way4 Cash by Code technology... More
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CBA publishes mobile payments white paper
The Canadian Bankers Association (CBA) has published a mobile payments white paper intended to “encourage the introduction and adoption of new and innovative mobile payments products and services in Canada without compromising the integrity of the Canadian payments infrastructure”... More
Amex adds corporate cards to Apple Pay
American Express is now allowing customers to add corporate credit cards to Apple Pay... More
CTBC Bank pilots ATM with biometrics
Employees of Taiwan’s CTBC Bank have begun piloting an ATM that uses both a finger vein scanning solution from Hitachi and facial recognition technology to authenticate transactions... More
Transaction amounts on iOS double those on Android
Average transaction amounts on iOS devices (US$124.47) were almost double those made on Android ($65.22) in 2014, research from Kount reveals... More
InMobi unveils Miip payment platform
Indian advertising platform InMobi has unveiled Miip, a platform that can be integrated into mobile apps to allow users to make payments through buy buttons on product ads... More
Ezetap raises $24m for mPOS expansion
Bangalore-based Ezetap has raised Rs150crores (US$23.5m) to expand its mPOS solution of configurable mobile app and card reader that plugs into a merchant’s mobile device... More
Korean card issuers cleared for biometrics
Korean card issuers will adopt biometric recognition solutions from September following clearing from the Financial Services Commission... More
SmarTone unveils Kiss mobile marketing platform with NFC payments and Bluetooth beacons
Hong Kong mobile network operator SmarTone has unveiled Kissco, an end-to-end mobile marketing platform incorporating Kiss Pay, a mobile payments service based on NFC and ultrasound technology, a Kiss Dollars loyalty program and Kiss Beacons to allow retailers to send out offers and promotions directly to customers’ smartphones from their stores. More