Transaction-based incentives are driving the use of mobile payments both in-store and in-app across the US, research from Auriemma Consulting Group (ACG) shows, with those who received an incentive to use mobile payments in-store over a one-week period doing so 4.6 times compared to 3.1 times for those not offered an incentive. More
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
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Vodafone Germany offers mobile wallet support for PayPal and Visa
Vodafone Germany customers can now make NFC mobile payments using PayPal or a Visa credit card installed in the mobile network operator’s Vodafone Wallet... More
Supporting banks named ahead of Apple Pay’s Italy launch
Apple Pay is “arriving” in Italy with support from Mastercard, Visa, Carrefour Banca, UniCredit and German payment processor Wirecard’s Boon service, Apple’s website says... More
South Korea to test NFC credit card authentication for online shopping
The Korea Communications Commission (KCC) is to run a pilot allowing consumers to authenticate themselves when making online purchases by tapping their credit card against an NFC smartphone, The Korea Herald reports... More
White paper explores how identification technologies are transforming the industrial and commercial landscape
A four-page white paper that explores how identification technologies such as RFID, NFC and Bluetooth Low Energy (BLE) are transforming the industrial and commercial landscape by making it possible for businesses to generate actionable results from large amounts of data is now available to download from the NFC World Knowledge Centre. More
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Belgium becomes tenth country to go live with Android Pay
Android Pay has launched in Belgium with support for Mastercard and Visa credit cards from BNP Paribas Fortis, Hello Bank! and Fintro, with debit cards issued by the three banks plus CBC/KBC expected to be supported soon. The mobile payment service is available at more than 85,000 retail locations — including Carrefour, McDonald’s, Media Markt and H&M — that accept contactless payments. More
Singapore to add open APIs to government IDs
The Singapore government is to add open APIs, biometrics and encryption to its digital identity system, as well as launch a mobile P2P service to allow money transfers using mobile phone numbers... More
Apple Pay goes live in Ireland with support from Mastercard, Visa and two banks
Apple Pay has been launched across Ireland with support from Mastercard, Visa, KBC and Ulster Bank, allowing customers to make in-store, online and in-app payments using their compatible devices. More
Smart posters and clothes piggyback on FM signals to talk to phones and car radios
A technique to develop smart posters and clothing, which communicate directly with car radios or smartphones by using background FM radio signals to transform them into mini FM radio stations consuming virtually zero power, has been unveiled by a University of Washington (UW) team. More
India calls for mobile banking for all by 31 March
The Indian government has called on banks to provide mobile banking to all customers by the start of April 2017, The Indian Express reports... More
McDonald’s to roll out mobile order and pay in 20,000 restaurants this year
McDonald’s will launch its mobile order and pay service in 20,000 restaurants in “some of our largest markets including the US” by the end of 2017, with the fast food giant aiming to enhance its digital capabilities and the use of technology to “dramatically elevate the customer experience” and “unlock meaningful growth and increase guest counts”. More
One in five US smartphone owners use mobile payments in stores
Nearly 20% of US smartphone owners have used a mobile payment app at a retail location, research released by Parks Associates shows... More
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Taiwan banks get Apple Pay approval
Seven banks in Taiwan have been granted permission by the Financial Supervisory Commission (FSC) to support Apple Pay, Focus Taiwan reports... More
Contactless payments tripled in the UK last year
British consumers made contactless transactions to the value of £25bn (US$30.6bn) last year, up from £7.75bn (US$9.48bn) in 2015, The UK Cards Association reports. One in four card payments in the UK was made using a contactless card in November 2016, up from one in seven at the beginning of the year. More
Mastercard analyzes social media payments buzz
Digital wallets were the new way to pay most discussed by consumers on social media in 2016, the 2017 edition of the Mastercard Digital Payments Study has found, with consumers around the world also increasingly interested in the payments possibilities of virtual reality, artificial intelligence, smart home assistants, wearables, and the Internet of Things... More
Millennials not giving up on cash and checks
Millennials have “one foot firmly planted in both the future and the past” when it comes to mobile payments, a study by Accel and Qualtrics says... More
Nordea launches PSD2-inspired Open Banking portal
Nordic bank Nordea has launched the first version of its Open Banking/Open API portal, offering third-party developers the chance to collaborate with the bank as part of the requirements laid out by the European Payment Services Directive (PSD2)... More
Wristbands for contactless payments given away at MWC
Giesecke & Devrient (G&D) and Spain’s CaixaBank have distributed prepaid wristbands to visitors to Mobile World Congress in Barcelona which let them make contactless payments... More
Pizza Hut unveils pizza-ordering shoes
Pizza Hut has unveiled a pair of shoes with a button that lets wearers order pizza and get it delivered... More
Turkish retailer adds payments to Messenger bot
Istanbul-based mobile retailer Getir has integrated Mastercard’s Masterpass service into its Facebook Messenger bot, enabling customers to choose products, place their order and pay from within a chat window... More