“Our intention is that V.me will ultimately be able to incorporate any or all of our new payment technologies, allowing our members to deliver the best possible payments experience whether face-to-face, online or in a mobile environment,” says Visa Europe’s Mariano Dima. More
Digital wallet
Alix: US consumers want banks to provide digital wallets
74% of US consumers interested in having a digital wallet would choose their primary bank as their preferred provider, an AlixPartners survey has found, compared with 23% who say they would pick PayPal and 15% who chose Google as their preferred provider... More
PayPal to demo digital wallet
PayPal is to demonstrate a new digital wallet solution at the SXSW event in Austin, Texas this week... More
Samsung in Malaysian NFC deal
Samsung has signed a memorandum of understanding with Malaysian RFID firm Smartag that will see the two firms working together to bring NFC technology to the Malaysian market... More
Visa US offers mobile services
Visa has added mobile services to its Visa DPS issuer processing platform... More
200m NFC phones in 2012
There will be 200m phones with built-in NFC technology by the end of 2012, according to the new edition of Deloitte’s Technology, Media and Telecommunications Predictions report... More
PayPal UK: Mobile wallets won’t become mainstream until 2016
“2016 will mark the real start of money’s digital switchover in the UK,” says the boss of PayPal UK. “Children born today will become the UK’s first ‘cashless generation’. It will be completely natural for them to pay by mobile.” More
Google Wallet swallows Checkout
Google is taking a step towards a unified digital wallet by rebranding and moving its existing online payments system into Google Wallet... More
PayPal launches NFC P2P payments service
NFC-based peer-to-peer payments are now included in the PayPal Mobile App for Android which is now available to download from Android Market. More
Amex serves up mobile wallet API
American Express is to make an API available for its Serve digital wallet platform, Harshul Sanghi, the new VP of the company’s enterprise growth group has told Techcrunch... More
Visa unveils mobile wallet plans
Fourteen US and Canadian banks have signed up for the launch later this year of a multi-platform digital wallet that can be used for e-commerce, m-commerce and mobile contactless transactions and includes mobile payment, NFC and coupon capabilities. More