UK-based neobank Revolut has implemented a Strong Customer Authentication (SCA) system that lets customers use their mobile banking app to authenticate their contactless card as they get close to reaching the new contactless transaction limit, avoiding the risk of having their card declined when they next attempt to make an in-store purchase... More
UK-based neobank Monzo is to use app notifications to provide customers who have a contactless card transaction declined due to new Strong Customer Authentication (SCA) requirements with the information needed for them to successfully complete their transaction... More
US Apple Card holders shopping at Walgreens and Duane Reade stores can now earn 3% cashback on their purchases when they use their mobile phone to make an Apple Pay payment with their Apple Card... More
Apple Pay has added the country of Georgia to the list of nations where the mobile payments service is available... More
Passengers using Miami-Dade Transit’s Metrorail service can now pay for their travel using a contactless card issued by Mastercard, Visa or American Express, make mobile payments using Google Pay, Apple Pay and Samsung Pay or select to use Fitbit Pay to pay with a wearable device... More
Apple Card is now available to all US consumers, the iPhone maker has announced — and the 3% cashback offered to cardholders who use their card to make an Apple Pay mobile payment for an Apple product will now be available from “more merchants and apps”... More
Shoppers at 7-Eleven stores in New York can now use their mobile phones to self-checkout and pay for their purchases, the convenience store giant has announced. “Mobile Checkout takes convenience to the next level, letting customers in New York City skip the checkout.” More
New York’s Metropolitan Transportation Agency (MTA) says its new Omny open loop contactless payments system recorded its one millionth transaction on 8 August, “a remarkable milestone accomplished at a much higher usage rate than initially estimated”... More
Apple has instructed its Apple Card issuing partner Goldman Sachs “to approve as many of its 100 million-plus iPhone users in the US as possible” for its new credit card “within the bounds of regulations and responsible lending,” CNBC reports... More
Three-quarters of Apple Pay users are attracted to the Apple Card — and so are 60% of eligible non-users, a US consumer survey conducted by Auriemma Group has found... More
52% of Apple Pay users say they are likely to apply for an Apple Card in the next 12 months, a JD Power survey of US consumers has found... More
Payment methods like Apple Pay and Google Pay will be used by US consumers to make transactions valued at a total of US$78.6bn this year, representing 1.6% of all US brick-and-mortar retail sales, according to a new forecast from 451 Research... More
Apple financial results — Q3 2019 — Apple — “Apple Pay is now completing nearly 1bn transactions per month, more than twice the volume of a year ago… Based on June quarter performance, Apple Pay is now adding more new users than PayPal and monthly transaction volume is growing 4x as fast… We plan to begin the rollout of Apple Card in August.”
Co-op Group expands till-less payment tech to more stores — Co-op Group — “The retailer is extending its pay-in-aisle technology trial, with time-pressed shoppers able to access the easy to use app on their phones and devices in over 30 Co-op food stores… It enables customers to scan products on their own device as they walk around the store, with the cost of the shop deducted from their Apple or Google Pay account with the touch of a button. Without the need to visit a till.”
Saudi Payments, Saudi Arabia’s national payments infrastructure operator, is to use a combination of NFC and contactless payments, a new faster payments system and the introduction of a common QR code platform to reduce the use of cash and speed up its move towards a cashless society, managing director Ziad Al Yousef has told NFCW... More
East publishes European fraud update — European Association for Secure Transactions — “Two countries reported mobile wallet fraud in relation to Apple Pay. One reported that mobile wallets are fast becoming the new money mules — fraudsters are enrolling cards that are not yet associated with a specific wallet. Another country reported that fraudsters are obtaining security codes through phishing, with which they can then install a mobile banking app on their own smartphone, using the victim’s data.”
Apple Pay coming to Miami fare system in August — Appleosophy — “Miami-Dade County’s fare system for their transit is set to begin accepting Apple Pay and other forms of contactless payment systems, such as Google Pay and Samsung Pay. According to an image found on Reddit, it would appear as though the Miami-Dade County transit system is set to begin accepting Apple Pay in August 2019.”
Latest Apple Pay promotion offers free fries at McDonald’s all month — 9to5Mac — “Apple today has kicked off its latest Apple Pay promotion. This time, users can secure a free order of french fries from McDonald’s when using Apple Pay all month long… Apple has been offering Apple Pay discounts through various retailers, services, and restaurants on a near-weekly basis recently. Recent offers have included US$1 tacos through Taco Bell, US$5 off select Fandango movie ticket purchases, and more.”
Domino’s Is starting to ditch cash payments — Gizmodo Australia — “The pizza maker is calling it ‘Tap & Take’ and is positioning it as a way to make the ordering process both quicker and more convenient… Domino’s has stated that the participating stores will accept ‘all forms of payment’, except for cash. This includes card payments, PayPal, Apple Pay, Android Pay, EFTPOS to door and Instagift.”
Societe Generale brings personalized credit and debit cards to Apple Pay — Societe Generale — “Societe Generale offers over 180 personalised physical cards, but this marks the first time customers will see the exact same card as they have in their wallet in Apple Pay. ‘With Apple Pay’s personalisation mirroring our cards’ personalisation, we are demonstrating continuity between our digital and our physical products,’ said Julien Claudon, head of card and digital payment.”