More than a quarter of US consumers (27%) with an eligible smartphone have used Apple Pay, Android Pay or Samsung Pay, according to research released by Auriemma Consulting Group (ACG). 39% say they would use mobile payments more if more stores and apps accepted it, while 61% say that they are now replacing cash transactions with mobile payments. More
Samsung Pay has invited a “select group of consumers” in Singapore to begin beta testing the mobile payment service ahead of an anticipated launch in Q2 2016... More
The global mobile biometrics market will grow at a compound annual growth rate (CAGR) of more than 103% between 2016 and 2020, research from Technavio predicts... More
PARTNER NEWS: Digital security giant Gemalto has published a list of the seven most common myths about mobile NFC which explores the reasons why some consumers may not be prepared to use the technology on their mobile device... More
Africa’s Absa Bank has launched ChatBanking, a service that will let customers conduct day-to-day banking on social network Twitter... More
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Singapore’s United Overseas Bank (UOB) will lift the S$100 (US$73) contactless transaction limit for NFC mobile payments at all of its point-of-sale terminals by the end of next year... More
Some 3bn contactless transactions were made across Europe on Visa cards and payment-enabled devices in the year to 30 April 2016, growing from 143m transactions a month in April 2015 to 360m in April 2016. More
Samsung is to launch a smartphone app in South Korea that will make it easier for consumers to make online payments using Samsung Pay, ETNews reports... More
Apple is “working rapidly” to expand Apple Pay across more countries in Asia and Europe, Jennifer Bailey, VP of the mobile payment service, has told TechCrunch... More
One in four British consumers intend to use their mobile phone to make NFC-based mobile payments in the next 12 months, according to research from MasterCard. One in 20 are already making NFC mobile payments once a week or more. More
MasterCard is working with other payment networks, acquirers and processors to develop a standard that will reduce EMV checkout times... More
Samsung Pay will launch in Spain next week, marking the mobile payment service’s first expansion into Europe, City A.M... More
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US startup Spendwallet is raising funds on Indiegogo for an electronic wallet device that can store up to 20 magnetic stripe cards and will let the owner make payments at the point of sale using the company’s self-developed Magnetic Flux Emulation (MFE) technology. More
Almost 1.6bn coupons will be delivered annually to consumers via Bluetooth Low Energy (BLE) beacon technology by 2020, Juniper Research forecasts... More
Google has added a further 47 banks and credit unions to its list of Android Pay supporting financial institutions... More
Apple has been granted a patent from the US Patent and Trademark Office for a service that would store vehicle keys on an iPhone... More
LG is expected to launch its LG Pay mobile payment service in September, according to ETNews... More
More than half of US and UK consumers (52%) prefer to log in to online accounts using “modern authentication methods”, research from Gigya reveals, including 29% who favour two-factor authentication and 20% who prefer biometric authentication. More
PARTNER NEWS: Customers of Eurobank Poland can now make host card emulation (HCE) based mobile payments as a result of a collaboration between First Data Poland and tokenization and mobile payment specialist Bell ID which offers cloud-based mobile payments as a service to Polish banks. More
PARTNER NEWS: A case study of South Korean mobile network operator SK Telecom’s NFC-based mobile wallet which explores the reasons behind its success is now available from digital security giant Gemalto... More