Four news stories.
• Should Itau-Unibanco be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should Itau-Unibanco be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
Brazil’s Itau Unibanco to launch new payments app using QR code — Reuters — “Merchants using Iti will pay a fee of 1% per transaction and will receive payments instantly… The app also does not require merchants to buy or rent card reader machines… Itaú is also considering offering investments, loans and insurance products through the new app.”
Apple Pay arrives in Brazil, partnering with Itaú Unibanco — Reuters — “Apple Inc’s mobile payment platform Apple Pay arrived in Brazil on Wednesday with an exclusive partnership with Itaú Unibanco Holding SA, the country’s largest private lender. The bank said Apple Pay will be available during the 90-day exclusive period to Itaú’s roughly 1.2 million card holders who also own an iPhone 6 or higher. Under the terms of the partnership, Brazilian retailers such as GPA SA will offer discounts on purchases using Apple Pay.”
Bank documentation hints at Brazilian Apple Pay launch — AppleInsider — “Documentation seen by Itau Unibanco customers on Monday suggest Apple is on the verge of launching Apple Pay in Brazil, which was first rumored to gain access to the mobile payments service nearly two years ago.”
Samsung Pay will begin rolling out across Brazil on July 19, Samsung has confirmed, making it the first market in South America to introduce the mobile payment service. It will be supported by both MasterCard and Visa as well as Banco do Brasil, Brasil Pré-Pagos, Caixa, Porto Seguro, and Santander. More