What's New in Payments

Honda to leverage in-car payments for driver rewards program

Honda Dream Drive to deliver next-generation infotainment, commerce, services and rewards to drivers and passengers — Honda — “Since 2016, Honda has worked with Visa to build and enhance the in-vehicle payment experience to make payments more convenient and secure. Now, Honda is expanding its in-vehicle payment collaboration to include Mastercard and PayPal… Honda Developer Studio is user testing a new points-based rewards program to benefit drivers and passengers for using Honda products and services. Drivers and passengers can earn rewards points for participating in a variety of activities including purchasing services, watching and listening to media, and playing games.”


What's New in Payments

National Bank of Oman lets customers pay with points at the POS

National Bank of Oman customers can now shop with Nuqati points — Albawaba — “Customers can now use their Nuqati points at a wide selection of shops to buy items ranging from coffee to groceries to electronics… Customers can redeem points online, through the NBO mobile app or in-store. After entering their PIN or tapping their contactless payment cards, customers will have the option of choosing to pay in Omani rials or Nuqati points.”


What's New in Payments

IndusInd Bank introduces card with built-in buttons that lets customers select from multiple payment options at the point of sale

IndusInd Bank's Nexxt interactive payment card

Customers of India’s IndusInd Bank can now apply for Nexxt, a bank card that features three built-in buttons which the cardholder can use to choose between charging a purchase to their credit card account, taking out a loan or paying for the item with their reward points balance... More


Deutsche Bank unveils loyalty-first mobile wallet venture

Yunar's app in use

Deutsche Bank has launched Yunar, a wholly-owned subsidiary startup that is taking a loyalty-first approach to building out a fully featured mobile wallet by initially offering a simple way to manage up to 200 loyalty points schemes — and then gradually adding a range of mobile payments and banking services as adoption takes off... More



What's New in Payments

Mastercard to let cardholders pay with loyalty points at any Mastercard merchant

Mastercard logo

Mastercard’s Pay with Rewards service is to relaunch at the end of this year with a new app that will allow cardholders to pay with the points or miles they have collected from any card, airline, hotel or retail rewards program that has signed up to use the service at any Mastercard merchant worldwide... More





Survey: Merchants are winning the US mobile wallet adoption battle

Merchants winning the battle for mobile wallet supremacy — Javelin Strategy & Research — “In the rush to market, the main wallet value proposition, paying at the POS, wasn’t particularly compelling. In reality, loyalty and rewards will drive adoption, something merchants are doing particularly well,” said Krista Tedder, director of payments at Javelin Strategy & Research.”


What's New in Payments

General Motors lets Buick drivers pay for fuel from their dashboard

Buick delivers peace of mind at the gas pump — General Motors — “A new update to Marketplace brings ExxonMobil’s pay for fuel functionality right to the infotainment screen of eligible Buick vehicles… The platform also automatically syncs drivers to their ExxonMobil Speedpass+ app account, and drivers accumulate rewards points with each purchase. The new service is available at more than 11,000 Exxon or Mobil stations across the United States.”


What's New in Payments

Coles Supermarkets picks Rambus’ Unified Payment Platform to ‘revolutionise retail in Australia’

A Coles supermarket

PARTNER NEWS: Australian supermarket giant Coles, one of the country’s largest retail groups, is to adopt Rambus’ Unified Payment Platform, an omnichannel commerce and payments solution that lets retailers offer a standalone or integrated mobile wallet application that supports credit cards, gift cards, loyalty points, coupons and receipts... More


What's New in Payments

Singapore Airlines rolls out blockchain digital wallet that lets customers spend loyalty points in retail stores

KrisFlyer launches innovative miles-based digital wallet, KrisPay — Singapore Airlines — “The SIA Group’s KrisFlyer frequent-flyer programme today launched KrisPay, the miles-based digital wallet which enables members to convert KrisFlyer miles into KrisPay miles instantly for everyday spending at partner merchants… Members can easily turn their KrisFlyer miles into KrisPay miles using the app’s instant top-up function… To pay for purchases, members simply need to scan the KrisPay QR code at the merchant, and key in the amount they wish to pay with their KrisPay miles.”




What's New in Payments

Line Pay aims to convert 1m Japanese merchants to QR payments with free transactions for three years

Japan’s Line Pay throws down gauntlet to Alipay — Nikkei Asian Review — “Line has sought to minimize the hassle for retailers by allowing the retailer to use the service by simply downloading a free app on a smartphone… Retailers can also send messages to individual shoppers later, such as sales promotions. The service can be used free of charge for the next three years… There are also incentives for customers, offering them loyalty points valued at 3% to 5% of every purchase they make with Line Pay.”




What's New in Payments

White paper sets out how Trusted Execution Environments can be used to secure mobile payments, loyalty, credentials and more

Covershot — Trusted Execution Environment (TEE) 101: A Primer

A new white paper that looks in-depth at Trusted Execution Environment (TEE) technology, the architecture and principles underpinning its operation and how it can be used to secure a variety of mobile wallet and IoT applications is now available to download free of charge from the NFC World Knowledge Centre... More


What's New in Payments

Barclays signs digital and mobile payments deal with PayPal

Barclays and PayPal announce industry leading partnership — Barclays — “Consumers are expected to benefit from a raft of new features that will make it even easier to manage their PayPal account in Barclays digital channels, and to use their Barclays products in their PayPal digital wallet… PayPal and Barclays will explore unique ways to connect Pingit and PayPal to improve how customers can move and manage their money. The partnership will also explore opportunities for US consumers to redeem Barclays reward points at businesses that accept PayPal worldwide.”