NFC World

MasterCard fights back against new payments players with increased transaction fees for digital wallets that don’t share data

MasterCard

The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not.  More





NFC World

Juniper scales back NFC forecast

Dr Windsor Holden

Global NFC retail transaction values will now reach US$110bn in 2017, significantly below the $180bn previously forecast, the analysts say, due to the lack of NFC in the iPhone 5, lower than expected adoption of Google Wallet and the delay in the launch of Isis. More


NFC World

Axiom comes with gWallet

The Samsung Galaxy Axiom, believed to be an LTE version of the Galaxy S III Mini, has become the second handset on US Cellular to support NFC payments with Google Wallet... More





NFC World

Google Wallet to get P2P transfers?

Google Wallet

A detailed examination of the Google Wallet APK (application package file) carried out by Android Police reporter Ron Amadeo suggests that the search giant has completed work on a P2P payments service and is conducting in-house tests... More



NFC World

Utah food stores sign up for Google SingleTap offers

Associated Food Stores

Associated Food Stores, which provides warehouse facilities and services to more than 400 grocers in the US mid-West, has entered into a partnership with Google to enable shoppers to redeem digital coupons and pay with a tap of their NFC phone using Google Wallet’s SingleTap feature, the Salt Lake Tribune reports:... More


NFC World

Google doubles Wallet usage

Last month’s launch of Google Wallet 2.0 has led to usage of the NFC mobile wallet doubling, Frank Young, commerce business development manager for Google Wallet, has revealed on the Google Commerce blog... More




NFC World

Google: Isis model “not scaleable”

Google's Robin Dua

“There are 8,500 issuers in the US and literally it will take them a lifetime to actually work through negotiations with all these issuers,” Google Wallet’s Robin Dua has told developers during an online Q&A session on its recent move to a cloud-based approach to card provisioning. More




NFC World

Google Wallet 2.0: The easy way to pay with NFC?

Google Wallet

Google has unveiled a new version of its Google Wallet service that avoids the requirement for individual payment cards to be loaded onto a secure element. Instead, a prepaid MasterCard which draws funds from linked credit and debit cards is pre-loaded onto the secure element. More


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