Google is to introduce a new NFC mobile payments platform called Android Pay with the release of Android M later this year, vice president of engineering Dave Burke has revealed during the Google I/O 2015 keynote. More
Google unveils Android Pay
Mobile payments
Apple Pay rewards program looms?
Apple is preparing to unveil enhancements to Apple Pay that will include the launch of a rewards program for the mobile payments service, according to reports... More
Asia Pacific banks begin testing HCE mobile payments
PARTNER NEWS: Several major banks in the Asia Pacific region have begun piloting NFC mobile payment services based on host card emulation, using an end-to-end, cloud-based payments solution put in place by HCE specialist SimplyTapp in partnership with mobile technology solution provider PromptNow and IT solution services provider TIS... More
StreetSmart offers QR code mobile donations
StreetSmart, an organisation that raises money for homeless charities by adding a voluntary £1 donation onto bills in participating restaurants, is enabling diners to make a mobile donation by scanning QR codes distributed on table cards in more than 600 locations across the UK... More
Facebook rolls out Messenger payments to New York
Facebook is to roll out its mobile payments service to New York City and surrounding metro areas and will add additional functionality to make it “easier to send and receive money”, an email sent out by the social network and seen by VentureBeat reveals... More
MCX member Target to support Apple Pay
US discount retail giant Target has become the latest member of retailer-led consortium MCX to reveal its intentions to support Apple Pay, following Best Buy’s announcement that it will roll out support for the NFC mobile payments service this year... More
Apple Store purchases get two-step authentication
The Apple Store app for iOS has been updated with two-step authentication, meaning users will now need to enter both a password and a verification code sent to a trusted device before they can complete a purchase... More
Mobile payment market worth $2.8tn by 2020
The global mobile payment transaction market will be worth an estimated US$2,849bn by 2020, up from US$392bn in 2014, representing a compound annual growth rate (CAGR) of 39.2%, Future Market Insights has revealed. NFC is expected to exhibit the fastest CAGR (46%) of major mobile payment transaction technologies during the forecast period... More
NTT Docomo rolls out Fido biometrics platform in Japan
NTT Docomo has become the world’s first mobile network operator (MNO) to deploy Fido authentication throughout its network, allowing it to replace passwords for millions of customers across its services with a range of enhanced authentication methods including both fingerprint- and iris-based biometrics... More
Danske Bank to integrate PowaTag platform with mobile payments app
Denmark’s Danske Bank is to build support for mobile commerce platform PowaTag into its MobilePay app, allowing two million Danes to order and pay for goods with their smartphones via ‘virtual boutiques’ generated by PowaTag Codes placed within print, broadcast and out-of-home (OOH) advertising... More
One in four UK consumers influenced by in-store payment methods
More than one in four UK consumers are more likely to shop somewhere if it offers a greater range of — and more innovative — payment methods, a survey conducted for Sage Pay has revealed... More
Four in ten UK consumers willing to switch banks for mobile payments
Some 44% of UK consumers are prepared to switch bank accounts to access mobile payments if their current bank is unable or has no plans to offer the service, while a third (33%) of these consumers plan to do so within the next year, a survey for mobile payments provider Zapp reveals... More
NXP ‘focused on mobile wallet’
PARTNER NEWS: “What we’re focused on is the mobile wallet,” NXP CEO Rick Clemmer has told CNBC in an interview in which he discusses the company’s smartphone products, growth in China and its partnership with Qualcomm... More
Nearly half of iPhone 6 owners successfully using Apple Pay
Nearly half (46%) of US iPhone 6 owners have now successfully used Apple Pay, up from 42% two months ago, and 63% of those are using the mobile payments service on a weekly basis, the bi-monthly Apple Pay Tracker from Auriemma Consulting Group (ACG) has revealed... More
Clear2Pay gets Visa confirmation as CVES provider
PARTNER NEWS: Conformance testing specialist Clear2Pay has been approved by Visa for its Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV-enabled contact and contactless payment devices in the US... More
Apple Watch vulnerability could let thieves use Apple Pay
A video published by a group of hackers has demonstrated how a stolen Apple Watch could be used by the thief to make payments using Apple Pay without them having to authenticate the transactions in any way — as long as they are quick. More
Apple Pay headed to Belgium?
Belgium’s KBC Bank has tweeted that it will be adding support for Apple Pay as early as this summer in response to a customer’s question about whether the financial institution would ever support for the mobile payment service... More
Postbank begins HCE pilot in Germany with Worldline
Employees of Germany’s Postbank have begun piloting a mobile payment service based on host card emulation (HCE) that makes use of tokenization to allow NFC payments to be made at any Visa payWave terminal... More
iZettle adds support for NFC and contactless payments
Sweden-based mPOS provider iZettle has begun distributing a contactless-enabled terminal to select partners in the UK that will allow them to begin accepting NFC mobile payments, as well as contactless and chip and pin transactions... More
MasterCard launches P2P payments service
MasterCard has unveiled a P2P payments service that lets consumers send and receive funds “within seconds” from “virtually any” US debit card account... More