What's New in Payments

American Express launches mobile-first credit card in Canada

American Express goes mobile-first with its new millennial-facing credit card — IT Business Canada — “According to AmEx director of new product development Laura Cocksedge, the card was designed start to finish as a mobile-first experience, with users able to use the Cobalt’s accompanying app to register for the card, verify their identities, track their spending, and use it with mobile payment platforms including Apple Pay, Android Pay, and American Express’s own AmEx Pay.”


What's New in Payments

American Express introduces Pay It Plan It: A mobile feature that gives card members two new ways to pay for credit card purchases

American Express introduces Pay It Plan It: A mobile feature that gives card members two new ways to pay for credit card purchases — American Express — “With Pay It, card members can use their American Express app to select smaller purchases and pay that purchase amount right away with a tap. With Plan It, card members can select purchases over US$100 and choose to make monthly payments ranging from three to 24 months with a fixed fee and no interest.”



What's New in Payments

You can now fund your Abra wallet with your American Express card

You can now fund your Abra wallet with your American Express card — Abra — “This feature will be made available to a small group of Abra wallet users today and will be rolled out to our entire user base in the coming days… With growing acceptance of bitcoin by major retailers and vendors worldwide, it is getting easier to spend funds directly from your Abra wallet every day.”





What's New in Payments

Android Pay begins its rollout across Canada

Android Pay has begun rolling out across Canada with support for eligible Visa and Mastercard credit cards from BMO Bank of Montreal, CIBC, Banque Nationale, Scotiabank, Desjardins, President’s Choice Financial, ATB Financial and Canadian Tire Financial Services as well as prepaid Scotiabank and Desjardins cards... More


What's New in Payments

Digital, decisive and drone-ready: American Express commissioned study shows Gen Z’s customer experience expectations

Digital, decisive and drone-ready: American Express commissioned study shows Gen Z’s customer experience expectations — American Express — “33% of Gen Z respondents have used a device specific mobile wallet (i.e. Apple Pay, Samsung Pay or Android Pay) in the last three months, compared to only 22% of Gen Y.”




What's New in Payments

Samsung Pay goes live in the UK with iris scan authentication and faster transit payments

Samsung Pay in the UK

Samsung Pay is now available in the UK for customers of three financial institutions — MBNA, Nationwide and Santander — with “more on the way”. The service supports iris scan authentication as well as PIN and fingerprint authentication for Samsung Galaxy S8 and S8+ owners and offers a ‘transport card’ option designed to speed up transactions on busy Transport for London (TfL) services. More


What's New in Payments

American Express brings the card member experience to the connected home with launch of the Amex skill for Amazon Alexa

American Express brings the card member experience to the connected home with launch of the Amex skill for Amazon Alexa — American Express — “By linking their online American Express account to the Amex skill, eligible card members with an Alexa-enabled device can check their account balance, review recent charges, make a payment and more through voice commands. The Amex skill for Alexa also connects with the Amex Offers ecosystem, enabling card members to browse certain available limited-time offers and add offers to their eligible cards.”


What's New in Payments

Canadian city rolls out mobile app that links payments for parking to a driver’s licence plate

Drivers across the Canadian city of London can now pay for parking at more than 3,100 spaces across the city — including all municipal parking lots and on-street spaces — using a mobile app that lets them “seamlessly search, pay for and top up parking from their phone or tablet”. The service is being rolled out by the City of London. More


What's New in Payments

Samsung Pay launches in Sweden and the UAE, enters early access in Hong Kong and Switzerland

Samsung Pay has expanded to four additional markets with official launches in Sweden and the United Arab Emirates (UAE) and early access launches in Hong Kong and Switzerland. The service has also been made available on Samsung’s Gear S3 smartwatch in Russia, Sweden and the UAE in addition to its availability on the Gear S3 in the US, Singapore and Australia. More


What's New in Payments

Visa and American Express to strengthen security for stolen contactless cards

Visa contactless security

Visa is to bring all of its contactless transactions online this year across 10 European countries to give consumers “more control over their accounts” following calls from the UK’s Financial Conduct Authority (FCA) for banks to tighten the processes they undergo when a customer reports a stolen contactless card. American Express is also “reviewing options” to ensure those who cancel their cards are protected against contactless fraud. More





What's New in Payments

Samsung Pay goes live across India with support for Paytm and UPI money transfers

Samsung Pay India

Samsung Pay has launched in India with support from Visa, Mastercard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Cards and Standard Chartered Bank, with Citibank India support expected “shortly”. The service has also integrated India’s leading mobile wallet Paytm and comes with support for peer-to-peer money transfers through the Indian government’s Unified Payments Interface platform. More