Harris Poll: PayPal leads mobile payment brands, yet up-and-comers making brand equity gains — The Harris Poll — “PayPal — followed closely by Amazon brands — retains its Brand of the Year designation, leading mobile payment brands for the third consecutive year. However, up-and-coming brands Venmo (owned by PayPal), Square, and Apple Pay are making significant gains, according to new research from The Harris Poll’s 29th annual EquiTrend Study.”
Apple Pay
New mobile payment option for PNC Bank’s Visa commercial cardholders
New mobile payment option for PNC Bank’s Visa commercial cardholders — PNC Bank — “PNC Bank announced today a new mobile payment option enabling Visa commercial cardholders to use a smartphone or mobile device to make corporate purchases via Apple Pay, Android Pay and Samsung Pay. PNC is one of the first U.S. banks to enable mobile wallet payments for commercial cards.”
San Francisco retailers offer special discounts and prizes through Apple Pay
US consumers will be given exclusive offers and discounts on purchases when they choose to make a payment using Apple Pay in stores across the Hayes Valley Shopping District and San Francisco Marina as part of Apple’s Lose your Wallet promotion... More
PayPal chief dismisses Apple Pay challenge
PayPal chief dismisses Apple Pay challenge — The Telegraph — “Dan Schulman said the forthcoming Apple Pay Cash service did not have the advantages of PayPal’s peer-to-peer payments services… Mr Schulman suggested it would struggle to gain traction because it is not available on non-Apple devices, unlike PayPal.”
Oxford Bus Company and Thames Travel passengers can now ‘wave and pay’
Oxford Bus Company and Thames Travel passengers can now ‘wave and pay’ — Oxford Times — “This would do more than ‘just replace the existing cash ticket’, managing director Phil Southall said… ‘We’re really proud to be able to offer the ability for customers to pay for their tickets using Visa, Mastercard, Apple Pay and Android Pay on all of our services from today. We have ambitious plans over the coming months.'”
MTS adds NFC mobile payments, offers and loyalty to Money Wallet
Customers of Russian mobile network operator MTS can now make NFC-based mobile payments and access loyalty points and exclusive offers using an updated version of the carrier’s MTS Money Wallet, which made its debut in February 2017... More
Digital, decisive and drone-ready: American Express commissioned study shows Gen Z’s customer experience expectations
Digital, decisive and drone-ready: American Express commissioned study shows Gen Z’s customer experience expectations — American Express — “33% of Gen Z respondents have used a device specific mobile wallet (i.e. Apple Pay, Samsung Pay or Android Pay) in the last three months, compared to only 22% of Gen Y.”
Samsung Pay rolls out across Hong Kong following early access launch
Samsung Pay has gone live in Hong Kong with support from Mastercard, Visa and American Express and banks including Bank of China (Hong Kong), Citibank, DahSing Bank, DBS and Standard Chartered. The launch takes the mobile payment service to a total of 17 markets globally and follows its debut in Taiwan earlier this month. More
Macey’s invites shoppers to skip checkout lines
Macey’s invites shoppers to skip checkout lines — Progressive Grocer — “After setting up a free account, Macey’s shoppers simply scan their items as they’re placed in the cart. Once they have everything they need, shoppers simply pay for the purchase directly from their phones using a linked debit or credit card, or the Apple Pay or Android Pay mobile wallet apps, and exit the store via the Skip Checkout lane.”
Hangzhou buses first to all use mobile pay
Hangzhou buses first to all use mobile pay — China.org.cn — “‘Passengers can use Alipay and UnionPay flash payment cards on this terminal. Apple Pay, Samsung Pay, Huawei Pay, Mi Pay and Android Pay can be used with smartphones or wearables like watches and electronic bracelets,’ said Liu Xiaojie, general manager of public services at Ant Financial.”
A guide to tokenization — The essential enabler for expanding the world of commerce
Tokenization is an essential enabler for a larger and more complex commerce world as the Internet of Things (IoT) propels payments to a range of new devices, says Proxama’s vice president of product marketing and product management for payments solutions... More
Android Pay enters 11th global market with launch in Russia
Google has launched its Android Pay mobile payments service in Russia, allowing those with eligible Visa and Mastercard credit or debit cards issued from 15 supporting banks and financial institutions to make in-store and in-app payments using their compatible mobile devices. More
Samsung Pay goes live in Taiwan with seven banks
Samsung Pay has been launched across Taiwan with support from Visa and Mastercard along with seven major banks including Citibank, Cathay United Bank, E.Sun Commercial Bank, Taishin International Bank, Fubon Bank, Union Bank of Taiwan and Standard Chartered. The service supports iris scan authentication for those with Samsung Galaxy S8 and S8+ devices. More
Apple Pay violates patents held by security technology inventor, lawsuit alleges
Apple Pay violates patents held by security technology inventor, lawsuit alleges — The New York Times — “A small Boston company, founded by the inventor of a popular corporate encryption technology called RSA SecurID, sued Apple and Visa on Sunday, arguing that the Apple Pay digital payment technology violates its patents.”
Tipping point for Apple Pay as majority of UK tills accept limitless payments
Tipping point for Apple Pay as majority of UK tills accept limitless payments — The Telegraph — “Jennifer Bailey, the head of Apple’s payments business, said over half of contactless payment terminals in the UK are now able to take Apple Pay transactions of any value. The company says Apple Pay transactions in the UK have grown by 300pc in the last year, with 23 banks now supporting the service.”
Apple Pay launches in Italy with support from UniCredit and Carrefour Banca
Apple Pay has begun rolling out across Italy with support for Mastercard and Visa cards issued by Carrefour Banca and UniCredit, with American Express, CartaBCC, ExpendiaSmart, Fineco Bank, Hype, Banca Mediolanum, N26 and Widiba listed as “coming this year”. The launch takes Apple Pay to a total of 16 markets globally. More
Apple Pay sees double-digit growth, ties with PayPal
Apple Pay sees double-digit growth, ties with PayPal — Branding Brand — “New shopping data from Branding Brand shows in-app purchases with Apple Pay increased 17% from March 2017 to April 2017… When asked to rank their favorite in-app payment systems, PayPal and Apple Pay tied for first place. Overall, 70% of Apple Pay users want more retailers to offer the service.”
CIBC stops supporting SIM-based NFC mobile payments in Canada
Canadian bank CIBC has decided to “stop supporting” its CIBC SIM-based NFC mobile payments service due to a “strong” and “positive” customer response to alternative mobile payment services such as Apple Pay and Samsung Pay. More