What's New in Payments

MasterCard extends tokenization platform to clothing, accessories and wearable devices

Adam Shelman

MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More







NFC World

SIMalliance: NFC SIM shipments up 69% in 2014

Global NFC SIM shipments by Simalliance members

A total of 4.7bn SIMs were shipped in 2014 by members of the SIMalliance, an organisation that represents suppliers responsible for 86% of the global SIM market, including 132m NFC SIMs, up 69% on 2013 and taking the total number of NFC SIMs shipped by alliance members over the past four years to 256m. More







NFC World

Semble picks Gemalto for NFC in NZ

Semble, the NFC payments joint venture between New Zealand’s carriers and the Paymark payments network, is using Gemalto’s Allynis Trusted Service Hub to secure over-the-air provisioning of payment credentials to users’ NFC devices... More



What's New in Payments

Patent provides insights into the inner workings of Apple Pay

Apple Pay patent application

A newly published Apple patent application provides insights into how the iPhone maker’s new Apple Pay service will work, how the company has optimized the iPhone’s NFC capabilities to ensure the best possible user experience at the point of sale, and how secure payment credentials will be provisioned onto secondary devices such as the Apple Watch... More



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