What's New in Payments

How Apple will generate revenues from mobile payments begins to become clear

Apple Watch

An innovative biosensor security function built into the Apple Watch and the Touch ID fingerprint sensor in the iPhone 6 and iPhone 6 Plus will work in combination with NFC and tokenization to provide additional security to Apple Pay transactions, it is now becoming clear — giving Apple the ability to negotiate special deals with card issuers that will generate new revenues for the Cupertino company... More


NFC World

Apple iPhone NFC payments rumours reach fever pitch

Apple

MasterCard, American Express and Visa have all signed deals with Apple for the launch of a mobile payments service that will make use of an NFC chip built into the next iPhone, due to launch on 9 September, according to reports in a number of publications including the Financial Times, Bloomberg and Re/Code. More




NFC World

Isis to go live in September?

Isis

US NFC venture Isis is on course to go live in September, narrowly managing to meet its planned launch date of “this summer”, according to Bloomberg, which says that Verifone CEO Doug Bergeron revealed the timing in an interview... More


NFC World

Deutsche Telekom unveils mobile payments plans

Deutsche Telekom and MasterCard

“We want to build a comprehensive ecosystem around mobile payment, helping Telekom to realise its strategy of being the first choice for customers regarding connected life and work,” says the T-Mobile operator as it signs a partnership deal with MasterCard and outlines four “strategic pillars” for its move into financial services. More


NFC World

EC extends Oscar deadline

The European Commission has prolonged the deadline for a decision on whether to give the go ahead to the UK carrier-led ‘Project Oscar’ NFC joint venture, Bloomberg reports... More



NFC World

PayPal expands in-store

PayPal

Online payments giant PayPal has signed a deal with Ingenico that will see its mobile payments technology integrated into the POS terminal maker’s new and legacy contactless acceptance devices... More




NFC World

EU raises m-payments concerns

The lack of a “concrete European framework” for mobile payments means “the largest and most promising global m-payment initiatives are currently launched outside Europe,” according to a European Commission document that Bloomberg News has obtained... More