Square has updated its P2P mobile payment app to add support for Apple Watch... More
Archive: News in brief
Apple Pay fees ‘sticking point’ for Australian banks
Australia’s largest banks are reportedly in dispute with Apple over Apple Pay interchange fees... More
Visa Checkout reports 6m customers
More than six million customers have signed up for Visa Checkout since its launch last year, Visa reports... More
Mobile payments market to reach US$1tn by 2017
About US$1tn will be spent using mobile payments services in 2017, up 124% from less than US$500bn expected in 2015, International Data Corporation says... More
Migros launches mobile payments
Switzerland’s largest supermarket chain Migros has launched a mobile payments service first mooted in January, allowing customers to make purchases using a Migros app linked to their Migros Bank account or credit card... More
Verizon Wireless cool on Samsung Pay support
Verizon Wireless, the largest wireless carrier in the US, may not support Samsung Pay when it launches there next month... More
Qiwi adds HCE payments to mobile wallet
Russian payment services provider Qiwi has integrated Visa payWave technology into its Qiwi Wallet app to enable host card emulation (HCE) payments at any contactless terminal... More
Synchrony Financial offers Samsung Pay support
Consumer financial services provider Synchrony Financial will offer its private label credit card holders the ability to access their cards through Samsung Pay when it launches in the US in September... More
Apple Pay adds 18 banks in US
Apple has added a further 18 banks and credit unions to its list of financial institutions in the US supporting Apple Pay, putting the total close to 500... More
MCX ‘will not rush’ CurrentC rollout
CurrentC, the mobile wallet offered by US retailer-led consortium MCX, may not launch widely this year as originally planned, CEO Brian Mooney has said... More
MasterCard begins Selfie Pay trials
MasterCard is testing a ‘Selfie Pay’ service in the Netherlands with International Card Services and Dutch bank ABN Amro... More
Android Pay launch date leak
Android Pay could be launching on Wednesday, August 26, a leaked memo from fast-food chain McDonald’s to its US employees suggests... More
US to get Samsung Pay in September
Samsung Pay will launch in Korea on 20 August and in the US on 28 September, the handset maker confirmed as it announced two new flagship devices in New York yesterday... More
Ugo adds gift cards
Users of Canadian NFC mobile wallet Ugo will be able to store gift cards from today by scanning the card with their smartphone camera... More
Apple joins NFC Forum
Apple has joined the NFC Forum as a sponsor member as of August 11... 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
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
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