More than one billion contactless transactions worth in excess of €12.6bn have been made by Visa cardholders across Europe in the past 12 months, research from Visa Europe has found, with its customers spending €1.6bn using their contactless cards in March 2015 alone — a three-fold increase compared to the same month in 2014... More
Apple is reportedly planning to launch Apple Pay in the UK on July 14... More
Some 14% of Canadian consumers say they are highly interested in making in-store mobile payments and 11% are also interested in using a wearable device such as a smartwatch to do so, research from payment services supplier Tsys has revealed... More
Chinese e-commerce giant Ant Financial has completed a Series A financing round that values the company at more than US$45bn and makes the Chinese government a stakeholder, New York Times reports... More
Users of ING’s mobile banking app in the Netherlands can now use their voice or a fingerprint to authorise payments... More
Apple has reportedly held meetings with Korean financial institutions, including Hana Financial Group, as it looks to launch Apple Pay in the country... More
More than 7,600 taxi drivers in 90 cities across the UK and Ireland can accept NFC mobile payments from passengers using the taxi-hailing app Cab:app through an mPOS gateway provided by Payworks... More
Bus users in Houston, Texas will be able to pay for and display tickets on their smartphones after the Metropolitan Transit Authority signed a contract with mobile ticketing specialist GlobeSherpa... More
PayPal has bought digital money transfer provider Xoom for about US$890m... More
A quarter of UK consumers fear that using mobile payment services over cards and cash will see them spend more and make more impulse purchases, research from price comparison service uSwitch has revealed... More
Facebook has made its Messenger mobile payments service available across the US following its launch in New York City in May... More
Nearly 5,000 KFC China fast food restaurants will accept Alipay mobile payments next month, following in the footsteps of Walmart which is rolling out support for the service in all of its Chinese stores by the end of this year... More
Shipments of NFC-enabled handsets will increase to 756m in 2015, up from 444m last year, rising to 2.2bn by 2020, IHS Technology has forecast... More
The global market for mobile wallets will reach US$2.7tn by 2020, “driven by the proliferation of smartphones, tablets, mobile internet, strong governmental support for cashless transactions and the convenience offered by mobile payments,” Global Industry Analysts says... More
US parking payment systems provider Cale will offer contactless card readers that accept Apple Pay as well as other NFC mobile wallets in July... More
Apple has published an FAQ explaining how the contactless limit will work in the UK for Apple Pay transactions... More
Ebay’s board of directors has approved the completion of the separation of eBay and PayPal into two independent publicly traded companies... More
Digital payments enabler PayRange has secured US$12m in Series A funding to drive mobile payment acceptance in the vending machine industry with a plug-in dongle called BluKey... More
Three in ten Australians plan to use their smartphone for all their digital money and financial needs by 2017 and one in five (17%) are already using their smartphones to make in-store payments, research from lender Fair Go Finance reveals... More
Indonesia’s largest smartphone and tablet manufacturer is to pre-install a mobile wallet on up to three million of its mobile devices annually, allowing users to make QR code-based in-store payments, online payments and P2P funds transfers using a platform supplied by mobile wallet provider Cellum... More