What's New in Payments

PayPal explains why it’s buying mobile wallet provider Paydiant

Anuj Nayar

“What Paydiant has is a clarity of focus on mobile and how large merchants need to utilise mobile to connect with their customers — they’re a small company doing that very successfully with some really cool brands,” Anuj Nayar, senior director of global initiatives at PayPal, has told NFC World as the payment giant prepares to complete its acquisition of the payments platform provider for a reported US$280m... More



What's New in Payments

Naver Pay to go live in June

Korean internet portal Naver is to introduce a mobile payments platform from June that will let users verify themselves using fingerprint recognition and make payments using their Naver ID, a password, the mobile number of the recipient and either a credit or debit card... More







NFC World

Swatch CEO discusses NFC watch plans

Swatch

Swatch will launch its first watch containing an NFC chip within two months, CEO Nick Hayek has announced — and deals signed with China UnionPay as well as one other payments network mean that owners will be able to use their watch to make payments around the world... More




NFC World

NXP unveils connected car with NFC and payments

NXP Semiconductors has showcased a proof-of-concept connected car that makes use of long-range UHF RFID tags and NFC to help drivers of the future access and pay for restricted parking spaces, get warnings of traffic jams and allow groceries or parcels to be delivered directly into their car without them even being there to open the trunk... More




What's New in Payments

Seqr promotes mobile payments with cashback offers to users

Seamless CEO Peter Fredell

Sweden-based mobile payments provider Seamless is offering users of its Seqr mobile payments service up to 3% cashback on their purchases, “valid on all purchases and effective on top of any other loyalty program or discount.” The offer is designed to persuade more consumers to adopt mobile payments, CEO Peter Fredell has told NFC World, and is financed via a mixture of revenue streams. More