The 120 member credit unions behind mobile payment platform CU Wallet can now offer MasterCard’s MasterPass digital wallet service to their customers through their own branded mobile apps... 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!
Mahindra powers AsiaHawala mobile money in Iraq
PARTNER NEWS: Customers of Iraqi mobile network operator Asiacell can now make P2P transfers, settle bills and pay merchants using AsiaHawala, a mobile money service powered by Mahindra Comviva’s Mobiquity Money solution... More
MasterCard to launch ‘selfie pay’ in the US, Canada and Europe this summer
Consumers across the US, Canada and parts of Europe will soon be able to authenticate their online transactions with their fingerprint or face using MasterCard’s ‘selfie pay’ system. The confirmed launch of the service — expected this summer — follows a successful pilot in the Netherlands. More
ARM includes AMS NFC payments booster in wearables reference design
PARTNER NEWS: A new reference design for wearables from processor designer ARM includes high-performance NFC technology from AMS that enables small-footprint devices with tiny antennas to couple with NFC readers as easily and reliably as a contactless card. More
Visa extends Visa Token Service to auto manufacturers
Visa is extending its Visa Token Service platform to auto manufacturers to enable in-vehicle payment experiences through Visa Checkout. The company has partnered with Honda and car parking solutions provider ParkWhiz to demonstrate fuel and parking proof-of-concept solutions at Mobile World Congress in Barcelona this week. More
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G&D connects its issuers to MDES for tokenization
PARTNER NEWS: Giesecke & Devrient (G&D) has integrated its Convego CloudPay solution with the MasterCard Digital Enablement Service (MDES) to enable issuers to work directly with G&D to implement tokenization for their host card emulation (HCE) based wallets. The partnership marks the first time a third party company will offer MDES tokenization services directly to issuing banks. More
WiseKey and MasterCard to add NFC payments to watches and wearables
Security specialist WiseKey and MasterCard are working together to enable NFC payments on luxury watches and wearables... More
Coin launches program to add payments to wearables
Connected device maker Coin has launched a developer program to accelerate the integration of payments into wearables... More
Canada’s Interac debit network launches tokenization service
Canadian debit network Interac has unveiled its own token generation and management service that will enable financial institutions, merchants and its partners to build and manage secure digital payment experiences with support for tokenized digital debit transactions on any device or mobile wallet. More
FordPay to launch in Europe this year
FordPay, Ford’s virtual mobile wallet that forms part of the FordPass platform unveiled in January 2016, is to make its debut in Europe this year, the car-maker’s CEO Mark Fields has announced at Mobile World Congress... More
NXP and Qualcomm deepen collaboration to include pre-validation for NFC transit services
PARTNER NEWS: NFC pioneer NXP and mobile processor maker Qualcomm have extended a collaboration which saw NXP’s NFC and embedded secure element (eSE) solutions built into reference designs for Qualcomm Snapdragon 800, 600, 400 and 200 processor based platforms to now also include pre-validation for NFC-based transit services, particularly those in China. More
Chinese banks face lower fees to support Apple Pay
Banks supporting Apple Pay in China will pay approximately half the amount in fees that US banks are paying to support the service — and may have negotiated a lengthy initial holiday period, according to Caixin... More
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WeChat secures payments with fingerprints
Users of Tencent’s WeChat mobile payment service will soon be able to authenticate transactions with a fingerprint... More
Mahindra Comviva offers NFC cash withdrawals at ATMs
PARTNER NEWS: Customers using banking apps powered by Mahindra Comviva’s Mobiquity Wallet will soon be able to withdraw cash and top up their mobile wallets at the ATM using either host card emulation (HCE) based NFC or by scanning a QR code, allowing them to save time by preparing transactions on their phone before they get to the cash machine. More
Visa expands Visa Ready Program to wider range of connected devices
Visa is expanding its Visa Ready certification program to include Internet of Things (IoT) companies such as manufacturers of wearables, automobiles, appliances and clothing so that secure payments can be added to a wider range of connected devices, the payment network has announced at Mobile World Congress. More
PayPal to add NFC payments to Android app
An upcoming version of PayPal’s Android app is to bring with it NFC payments capability, the online payment giant has announced at Mobile World Congress. 18 million consumers have also opted in to use the company’s One Touch mobile payment solution since its launch in August 2014, PayPal adds, which is now being rolled out to an additional 120 markets, taking the total to 143 territories. More
Powa goes into administration
The company behind the PowaTag mobile payments platform has gone into administration, the Financial Times reports... More
Samsung Pay hits 5m users and is set for global expansion in 2016
Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More
30m users sign up for Apple Pay in China
More than 30m Chinese consumers signed up to Apple Pay during its first day of launch in the country, China’s People’s Daily reports... More
Barclays Pingit adds BBM support
UK users of BlackBerry’s BBM messaging service can now initiate mobile payment transfers to each other using Barclays’ Pingit P2P payment service... More