What's New in Payments

In-store tests for CurrentC mobile wallet

US retailer-owned mobile payments consortium MCX is to test its CurrentC mobile wallet in stores next month, Bloomberg reports, adding: “MCX expects to formally introduce the CurrentC app some time in the third quarter.” MCX unveiled the CurrentC brand in September 2014 and confirmed to NFC World it would launch in a “mid-sized market” in April... More






NFC World

Swatch to launch NFC smartwatch

Swiss watchmaker Swatch Group is to launch a smartwatch that includes NFC and mobile payments capabilities and works with both Android and Windows phones, CEO Nick Hayek has told Bloomberg... More



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