Mobile phone and tablet users will be making 195bn mobile transactions a year by 2019, up from 72bn this year, Juniper Research forecasts... More
Apple Pay
Credit unions to adopt Apple Pay
A number of US credit unions are actively working towards adopting Apple Pay NFC payments, credit union technology provider Co-op Financial Services has revealed... More
Sephora adds Apple Pay
Cosmetics store chain Sephora has rolled out support for Apple Pay in all five of its Bay Area stores in the US and is also testing NFC payments acceptance in one Manhattan location in New York... More
High value contactless payments arrive in the UK
A new service that lets NFC phone users enter their PIN on their mobile device to confirm a high value transaction is making it possible for UK consumers to make contactless payments valued at more than the current £20 (US$32) transaction limit for the first time... More
Square Register to support NFC
Square will add support for Apple Pay mobile payments sometime in 2015, the company’s founder Jack Dorsey has told CNN... More
America First Credit Union adds Apple Pay
America First Credit Union has become the latest card issuer to roll out support for Apple Pay to its members... More
30% of US smartphone owners to use mobile payments this holiday season
Nearly one in three (30%) US smartphone owners say they plan to use mobile payment offerings such as Apple Pay or Google Wallet for shopping in stores this holiday season, Bluetooth ‘connected card’ maker Stratos’ 2014 Holiday Mobile Payments Survey has found... More
SunTrust adds Apple Pay
SunTrust Banks is now offering Apple Pay to its clients and merchants, joining a long list of US banks already supporting the NFC mobile payment solution... More
Bi-Lo adds Apple Pay
Bi-Lo Holdings, parent company of the Bi-Lo, Harveys and Winn-Dixie grocery store chains, has announced that it now supports Apple Pay in all of its 830 outlets in eight US states... More
CUP moves to block Alipay
China UnionPay (CUP), the country’s official card payments network, has issued notifications to its member banks to tell them “to avoid working with third-party payment services like Alipay”, Want China Times reports... More
Apple Pay retailers release stats
Apple Pay accounts for 50% of tap-and-pay transactions at McDonald’s, which accepts “all payment products that leverage standard NFC”, according to a New York Times report... More
Visa CEO: We may not charge a fee for tokenization
Visa will not charge a fee to card issuers making use of its tokenization service until at least the end of 2015 and may or may not charge a separate fee for the service in the future, CEO Charles Scharf has revealed at the Bank of America Merrill Lynch 2014 Banking & Financial Services Conference... More
McDonald’s on mobile payments: We prefer to let our customers choose how they pay
McDonald’s sees accepting NFC mobile payments as part of its on-going customer service improvement remit, the fast food giant’s Anja Carroll has told NFC World+... More
Whole Foods reports 150k Apple Pay transactions
Whole Foods Market has processed more than 150,000 Apple Pay transactions since the mobile payment solution launched in October, the US supermarket chain has told NFC World+... More
Apple Pay boosts Google Wallet
Google Wallet has seen an uplift of 50% in transactions on a weekly basis since Apple Pay’s launch, with users almost doubling on a monthly basis “in the recent couple of months”, reports Ars Technica... More
Small US businesses have no POS upgrade plans
Just 4% of independent business owners in the US are aware they have a contactless POS terminal and 14% are not sure, Newtek Business Services’ latest SBA Market Sentiment Survey has revealed — and only 7% say they plan to upgrade so they can make contactless NFC payments like Apple Pay available to their customers, while 93% say they have no plans to do so... More
MCX to open up “in months”
The exclusivity rule that prevents members of MCX from accepting other mobile payments services in their stores will expire in “months, not years,” CEO Dekkers Davidson has told Re/Code... More
Apple Pay contract leaked
The full 19-page contract that banks wishing to offer Apple Pay to their cardholders must sign in order to take part has been leaked to Digital Transactions... More
Target includes Apple Pay in mobile app
MCX member Target has integrated Apple Pay into its mobile app but is not accepting payments via Apple Pay in its stores, the retailer has told NFC World+... More
Apple Pay arrives at more US banks
A second wave of banks are now going live with their Apple Pay deployments, MacRumours reports, with customers of US Bank, PNC Bank, USAA, Navy Federal Credit Union, Barclaycard, M&T Bank, Regions Bank, Renasant Bank, Keesler Federal Credit Union and Zions Bank all reporting that they are now able to use the NFC mobile payments service... More