Russian mobile network operator MegaFon has closed its MegaFon Money P2P mobile payment service in favour of supporting Qiwi Wallet, which integrated host card emulation (HCE) support in August 2015... 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
- Hello, NFCW readers!
Visa Checkout lets users slide to pay
Shoppers can now complete online purchases through Visa Checkout by sliding a virtual image of their credit, debit or prepaid card across the screen of their smartphone... More
Samsung Pay hands out US$30 gift cards to S7 users
US consumers who make their first purchase using Samsung Pay on a Galaxy S7 or S7 Edge device this month are being offered a gift card worth US$30 from one of five selected Samsung Pay merchants — Best Buy, eBay, Whole Foods, Nike or Regal Cinema. More
Verizon to support Samsung Pay
Verizon has confirmed that its Samsung Galaxy S7 and Galaxy S7 Edge devices will come equipped with Samsung Pay, despite reports earlier this week that the mobile network operator had disabled support for the mobile payments service... More
Square “betting big on NFC”
Square has received more than 350,000 pre-orders for its contactless chip reader, CEO Jack Dorsey revealed during the company’s fourth quarter earnings call... More
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Study examines attitudes to contactless payments in the UK, Germany and Spain
More than 90% of British, German and Spanish business leaders interviewed for a survey of attitudes to contactless technology have already invested in contactless projects and expect that 10% of all transactions will be contactless within the next three years, a white paper now available to download from the NFC World+ Knowledge Centre reveals. More
Proxama and Google bring the physical web to London buses
PARTNER NEWS: Commuters across London can now access real-time transport updates and contextually relevant advertising on their mobile phones through MyStop, a physical web service launched by mobile commerce provider Proxama with the support of Google and in partnership with out-of-home advertising provider Exterion Media. More
Fido Bank launches HCE mobile payments in Ukraine
Consumers across Ukraine can now make host card emulation (HCE) based mobile payments using The Pay, a new service launched by Fido Bank in partnership with mobile wallet platform provider PriNum. More
More than 100m people will make an NFC mobile payment in 2016
More than 100m people around the world will use an NFC handset to make a purchase this year, according to a new report from Strategy Analytics, and the value of transactions conducted via NFC handsets will grow from US$30bn in 2016 to US$240bn in 2021. More
People’s United Bank adds Samsung Pay
Customers of People’s United Bank in the US can now add their debit cards to Samsung Pay... More
Proxama discusses Visa’s new cloud-based payment specs
PARTNER NEWS: A blog post by mobile commerce provider Proxama discusses the implications of Visa’s updated cloud-based payments specifications which include a requirement for issuers to migrate from alternate PANs to tokenization... More
Huawei Pay to launch in China
Handset maker Huawei is to launch its own mobile payment service in China in cooperation with Bank of China... More
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Verizon removes Samsung Pay from Galaxy handsets?
US mobile network operator Verizon is shipping the Samsung Galaxy S7 and S7 Edge without support for Samsung Pay, according to an Android Police report... More
Suretap goes live with loyalty
Users of the Suretap NFC mobile wallet can now earn and redeem loyalty points as a result of a partnership between the Canadian mobile wallet provider and the Points loyalty network announced in November 2015... More
ExxonMobil rolls out Apple Pay at the pump
Motorists across the US can now pay for their fuel at the pump at more than 6,000 ExxonMobil gas stations using Apple Pay and the fuel retailer’s Speedpass+ mobile payment app. The oil and gas company plans to expand the app’s availability to more than 8,000 locations by mid-year. More
Square drops contactless for Australia launch
Mobile POS provider Square has launched in Australia, enabling retailers across the country to accept credit and debit card payments using their mobile phones... More
Ant Financial seeks US$3bn in funding
Alipay parent Ant Financial is planning to raise up to 20bn yuan (US$3.1bn) in its current funding round at a valuation of more than $50bn, according to The Wall Street Journal... More
Samsung Pay records net loss of US$16.8m in 2015
Samsung Pay has recorded a net loss of US$16.8m since the mobile payment service was unveiled in March 2015, despite attracting approximately five million users in South Korea and the US in its first six months. More
PowaTag sold to investors
Mobile payments platform PowaTag has been sold to a consortium led by entrepreneur Ben White, administrator Deloitte has confirmed, following news that its parent company Powa Technologies went into administration last month... More
mBank cancels NFC SIM deals in favour of HCE and bank-backed Blik mobile payments
Poland’s mBank has withdrawn the facility for customers to add mobile versions of their debit cards to the NFC payments services offered by mobile network operators T-Mobile and Orange. Instead, the bank has told NFC World, it will focus on supporting bank-backed mobile payments service Blik and the launch of its own host card emulation (HCE) based service later this year. More