Apple has added an additional 23 banks and credit unions to the list of financial institutions that support Apple Pay in the US... 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
Samsung Pay enters beta testing
Korean credit card firm Samsung Card is recruiting beta testers for Samsung Pay to pilot the mobile payments service in “various major offline member stores” from July 15 to August 20, Korea Bizwire reports... More
One in four think UK will be cashless in 10 years
Nearly one in four UK consumers (23%) think the country will become a cashless society within 10 years, research from Equifax and Gorkana Surveys reveals... More
Macau shops to get Alipay mobile payments upgrade
Shops and restaurants in Macau which accept the Macau Pass contactless card can now apply to upgrade their terminals to enable support for Alipay mobile payments and China UnionPay Quick Pass cards... More
Barclaycard offers 50% off bPay wearables
Barclaycard is offering 50% off its second generation bPay contactless wearables during July via an online code that can be redeemed from its website... More
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Barclays to support Zapp ‘Pay by Bank app’ mobile payments
Barclays has become the latest bank to announce its support for Zapp, a mobile payments startup formed by payments infrastructure operator VocaLink that will work via an integration with existing mobile banking apps for online payments initially, with in-store payments based on NFC to be launched at a later date. The announcement follows reports that Apple Pay is set to launch in the UK on July 14. More
MyOrder to add HCE virtual cards for in-store payments
Dutch mobile order and payment provider MyOrder is to add virtual cards based on host card emulation (HCE) issued by German payments technology provider Wirecard to its app later this year, which will let users make in-store payments at any terminal that accepts Maestro contactless... More
France’s Teleshopping network tunes into PowaTag mobile payments
More than 400,000 viewers of France’s largest television shopping network will soon be able to buy products featured on the TV channel by holding up their smartphone to the screen to scan audio tags that will then redirect them to the item’s online page where they can make a purchase using their stored payment information. More
McDonald’s to pilot mobile order and pay in China
McDonald’s is to begin piloting a mobile ordering and payment service in China in the third quarter of this year, with the aim of speeding payments and to meet consumer demand... More
Europeans make more than 1bn Visa contactless transactions in 12 months
More than one billion contactless transactions worth in excess of €12.6bn have been made by Visa cardholders across Europe in the past 12 months, research from Visa Europe has found, with its customers spending €1.6bn using their contactless cards in March 2015 alone — a three-fold increase compared to the same month in 2014. More
Apple Pay UK launch set for July 14?
Apple is reportedly planning to launch Apple Pay in the UK on July 14... More
“Highly interested” Canadians ready for mobile payments
Some 14% of Canadian consumers say they are highly interested in making in-store mobile payments and 11% are also interested in using a wearable device such as a smartwatch to do so, research from payment services supplier Tsys has revealed. More
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Ant Financial valued at US$45bn
Chinese e-commerce giant Ant Financial has completed a Series A financing round that values the company at more than US$45bn and makes the Chinese government a stakeholder, New York Times reports... More
Koreans claim Apple Pay talks
Apple has reportedly held meetings with Korean financial institutions, including Hana Financial Group, as it looks to launch Apple Pay in the country... More
Cab:app taxis to accept NFC mobile payments
More than 7,600 taxi drivers in 90 cities across the UK and Ireland can accept NFC mobile payments from passengers using the taxi-hailing app Cab:app through an mPOS gateway provided by Payworks... More
PayPal buys money transfer provider Xoom
PayPal has bought digital money transfer provider Xoom for about US$890m... More
MasterCard to pilot biometrics for online shopping
MasterCard is to test a system that will approve online purchases with a face or fingerprint scan later this year... More
25% of British consumers fear mobile payments will make them spend more
A quarter of UK consumers fear that using mobile payment services over cards and cash will see them spend more and make more impulse purchases, research from price comparison service uSwitch has revealed. More
Facebook rolls out Messenger mobile payments across US
Facebook has made its Messenger mobile payments service available across the US following its launch in New York City in May... More
KFC China restaurants to accept Alipay mobile payments next month
Nearly 5,000 KFC China fast food restaurants will accept Alipay mobile payments next month, following in the footsteps of Walmart which is rolling out support for the service in all of its Chinese stores by the end of this year. More