Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile wallet functionality in the coming six months, a study released by market research and consulting firm Chadwick Martin Bailey has found... More
Citibank
Visa details Apple Pay setup process
iPhone 6 and 6 Plus users with Visa cards issued by Bank of America, Capital One, Citi Bank, Chase and Wells Fargo Bank will be able to use Apple Pay in stores from launch on 20 October, Visa says. More
Citibank and 3 launch NFC mobile wallet in Hong Kong
Mobile network operator 3 Hong Kong and Citibank Hong Kong have launched the 3 Citi Wallet, an NFC mobile wallet solution for customers of the carrier who also have a Citibank Visa credit card... More
Citi releases Singapore stickers
Citibank has introduced contactless payment stickers in Singapore with its Quick Pay Tag service... More
Citi debuts Czech stickers
Citibank is to issue contactless payment stickers to all new customers in the Czech Republic of its Citi Life, Citi Life Metropole, Citi Broker Consulting, Citi Billa and Citi CSA credit cards from February 2013... More
Citi Hungary adds NFC stickers
Citibank Hungary has begun offering contactless stickers to holders of its Citi Life, Shell Citibank and Magyar Telekom Citibank cards... More
Singapore’s national NFC service goes live
All three of Singapore’s mobile network operators are now offering commercial NFC services, enabling consumers to make purchases at more than 20,000 merchant points of sale across Singapore. More
Google Wallet 2.0: The easy way to pay with NFC?
Google has unveiled a new version of its Google Wallet service that avoids the requirement for individual payment cards to be loaded onto a secure element. Instead, a prepaid MasterCard which draws funds from linked credit and debit cards is pre-loaded onto the secure element. More
MasterCard enters the mobile wallet market
The payments network has announced PayPass Wallet Services, a digital wallet platform that will support NFC. Eighteen financial institutions, American Airlines and bookseller Barnes & Noble are among those who have signed up for the service. More
Czech firms report on NFC trial
Supermarket chain Globus is to equip all its new stores with contactless POS terminals following a successful six month NFC payments trial conducted in conjunction with Telefónica O2, Komerční Banka, Citibank and Visa Europe. More
Telefonica begins Czech NFC payments trial
The trial will see customers of two banks being able to make payments with NFC phones at branches of the Globus hypermarket chain in the cities of Prague and Pilsen. More
Heads up: What to look for in Google’s NFC mobile payments announcement
The internet giant is set to announce its NFC mobile payments strategy at noon on 26 May in New York. Here are the key things to look for to work out if the company’s strategy will succeed — and what it means for the payments industry, the mobile network operators, phone manufacturers, the firm’s competitors and the future of Google’s own advertising business. More
Google VP confirms NFC mobile commerce launch tomorrow
“We’re making a big bet on it as a company,” says Stephanie Tilenius, Google’s VP of commerce and payments. “There is a lot of potential there.” More
Google and Sprint to launch NFC payments this week?
Google is set to launch an NFC mobile payments service in conjunction with mobile network operator Sprint on May 26, according to a Bloomberg news report. More
Czech banks and supermarket to test NFC with Telefónica O2
Telefónica O2 Czech Republic, Komerční Banka, Citibank Europe, supermarket chain Globus and Visa Europe are to conduct an NFC payments trial in the Czech Republic from mid-2011... More
Citi’s Bangalore trial: Offering cardholders phone subsidies can kickstart NFC transaction volumes
‘This pilot provides insights which will prove crucial to getting the customer experience right as we, together with the industry, bring next-generation mobile financial services to market,’ says Citi. More
ABnote and Sicap partner to cut the cost of NFC services
ABnote Europe and Sicap have signed a collaboration agreement designed to cut the cost of operating NFC services... More
Citibank, Visa announce NFC trial in Singapore with operator M1
Citi M1 Platinum Visa cardholders will be able to use their mobile phones to make contactless payments linked to their credit card account at any merchant equipped to handle Visa payWave contactless transactions. More
Smart stickers power new community payments system
A new payments service from Bling Nation offers local banks the chance to provide a low-cost closed-loop payments system within their local community. Smart stickers attached to customers’ mobile phones and low-cost ‘BlingTag’ readers are at the heart of the system and NFC-based services will be added once handsets become widely available. More