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MasterPass covers in-store and online payments, supports both NFC and QR codes and enables “banks, merchants and partners” to offer their own wallets to consumers. More
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
The mobile banking platform provider will use $18m of new funding for “the development of new payments-related mobile products and services targeted at financial institutions and mobile network operators.” More
Six hundred US financial institutions that use mFoundry’s mobile banking platform will be able to add NFC payments to their apps, following a deal signed between the technology provider and payments network MasterCard. More
NFC-enabled mobile wallet solutions will become US consumers’ dominant mobile payments option for retail purchases while digital wallet applications will be most popular for mobile ecommerce payments, according to a new report from Parks Associates. More
News in brief from the NFC world and beyond: Czech mobile payments • Akbank pushes contactless • Visa opens up • The rich love a bargain • Germany moves to contactless ID • mFoundy’s mobile banking guarantee • Amsterdam shops to refuse cash • Starbucks expands 2D payments • M-Pesa adds supermarkets • WiFi goes P2P • and more… More
News in brief from the NFC world and beyond, featuring wrist-based NFC • Polish trial declared a success • NFC Forum meeting for developers • Opening doors at a Bahamas hotel • Clinton adviser visits Swedish NFC firm • SK C&C hires five senior staff • and more… More
Benjamin Vigier has been involved in the development of near field communication technology since 2004 and most recently was product manager for mobile wallet, payment and NFC at mobile payments specialists mFoundry. More