What's New in Payments

Softbank-backed PayPay to update mobile payments app ‘after wrongful charge complaints’

Japan’s PayPay to update app after wrongful charge complaints — Bloomberg — “An unspecified number of customers called in and e-mailed to report charges on their bills that they didn’t recognize, according to PayPay spokesman Fumihiro Ito. Several consumers say they hadn’t even installed the app but their credit cards were billed for purchases they didn’t make… PayPay triggered a shopping frenzy earlier this month by promising to give users 10bn yen (US$88m) in rebates from their purchases.”


What's New in Payments

Barclays lets customers use their mobile banking app to restrict the type of stores their card can be used in

The Barclays mobile banking app lets customers select categories to

Barclays bank account holders in the UK can now use a new feature in their mobile banking app to stop their card from being used to make purchases in one or more of five categories of retailer — grocery stores and supermarkets; restaurants, takeaways, pubs and bars; petrol stations; gambling sites and betting shops; premium rate websites and phone lines... More


NFC World

The world’s biggest electronics store uses NFC tags to let shoppers self-checkout on their mobile phones

Scanning smart shelf-edge labels in a Saturn store

MediaMarktSaturn, Europe’s largest consumer electronics retailer, is piloting a mobile self-checkout service that lets customers add products to their shopping basket by tapping the NFC tag included in the digital price tags of more than 100,000 products on sale at its Hamburg city centre store... More



What's New in Payments

Tesco lets shoppers self-checkout with their mobile phone at new Jack’s discount chain

Tesco spin-off Jack’s opens its doors with free mobile ‘Smart Shop’ app — Internet Retailing — “With the app, shoppers can scan the item’s barcode or shelf-front price code and then pay by simply tapping their phone on a self-service checkout terminal before leaving. The app also helps the shopper log what they have bought and how much they have paid.”



NFC World

Atlanta charity pilots NFC wristbands that let the homeless access welfare services

This tech nonprofit Is trying to help homeless people get IDs — Motherboard — “Mini City distributed 500 NFC-enabled wristbands — similar to FitBits or Nike FuelBands — to expand its services to Atlanta’s homeless. Each wearable holds an identifier number given to homeless citizens when they begin the process of obtaining a government ID. Users unlock Mini City’s app by tapping the wristband on a tablet at Salvation Army and other nonprofits like ReStart Atlanta — allowing them to book shelter beds, find nearby employment and medical resources, and check the status of their ID applications.”


NFC World

ST releases NFC dynamic tag sensor node evaluation board

Covershot: Introducing the ST NFC dynamic tag sensor node evaluation board for smart tracking systems

STMicroelectronics has released an evaluation board that lets developers design and prototype solutions that combine NFC tag reading, energy harvesting and security with environmental monitoring sensors to track and protect a wide range of sensitive products throughout the supply chain, in stores and in the home... More




Deutsche Bank unveils loyalty-first mobile wallet venture

Yunar's app in use

Deutsche Bank has launched Yunar, a wholly-owned subsidiary startup that is taking a loyalty-first approach to building out a fully featured mobile wallet by initially offering a simple way to manage up to 200 loyalty points schemes — and then gradually adding a range of mobile payments and banking services as adoption takes off... More




What's New in Payments

Mastercard to let cardholders pay with loyalty points at any Mastercard merchant

Mastercard logo

Mastercard’s Pay with Rewards service is to relaunch at the end of this year with a new app that will allow cardholders to pay with the points or miles they have collected from any card, airline, hotel or retail rewards program that has signed up to use the service at any Mastercard merchant worldwide... More




Bank of America links its mobile apps to let customers access multiple services without re-authenticating

Bank of America unveils new mobile capabilities — Bank of America — “Bank of America today announced that it is introducing a new feature that will allow clients to move seamlessly between the Bank of America, Merrill Lynch, Merrill Edge and US Trust mobile apps without having to re-authenticate… The new app-linking feature will be available at Bank of America, Merrill Lynch, and Merrill Edge today and at US Trust in November.”


What's New in Payments

Japanese banks launch blockchain P2P payments service

SBI Ripple Asia’s MoneyTap app has launched in Japan — Coindesk — “The product allows users to send funds to others using just their telephone numbers or a QR code, and utilizes devices’ biometric log-in features, such as fingerprint scanning, for security… Currently, the service is only able to remit between accounts held at the three participating Japanese banks — SBI Sumishin Net Bank, Suruga Bank and Resona Bank. Payments are being offered at no charge and can be sent in Japanese yen or foreign currencies.”


Alipay builds travel guide into mobile payments app

Alipay launches in-app guide for Germany’s Oktoberfest — Alizila — “Alipay said Friday it launched an in-app travel guide in Chinese for visitors to Munich’s Oktoberfest celebration and the city’s 211-year-old downtown Viktualienmarkt… The pilot service will offer ‘a wealth of information on the culture and history of both venues,’ including a map, a guide to individual stalls and products, information on German behavioural norms, like how to toast with a glass of beer and advice on when and where it’s OK to take photos. Users can also pay for what they buy through the Alipay app.”


What's New in Payments

Digital currency pioneer David Chaum launches high speed blockchain for payments

Announcing David Chaum’s Elixxir: First blockchain capable of meeting the needs of consumer-scale messaging and payments — Elixxir — “The Elixxir blockchain can scale to hundreds of thousands of transactions each second, each message or payment delivered or confirmed within seconds, efficiently enabling use as a smartphone app.”