“Tokenization does a couple of things brilliantly; one is it really helps on facilitating innovation, facilitating the use, for example, of mobile phones for payments,” Visa Europe’s Sandra Alzetta told NFC World following the payment network’s announcement of plans to launch a customised tokenization platform to European banks in April... More
Australian mobile network Optus has shown off a prototype watch that can be used to make contactless payments as an extension of its Cash by Optus prepaid NFC payment app... More
Diners at UK restaurant chain Wagamama can now pay for their meals at their tables using MasterCard’s Qkr... More
Pizza Hut is testing a proof-of-concept “connected car” system that would let its customers order and pay for pizza from their vehicle before identifying themselves when arriving at the restaurant through Bluetooth beacons placed in designated parking bays... More
Android users can spend their iPhone-owning friends’ money using a new app that can capture NFC payment transaction tokens from other devices and hold onto them before spending them later. More
Google is building a framework for mobile payments in Android, a senior executive has revealed at Mobile World Congress... More
PayPal is preparing to launch a new version of its PayPal Here card reader that can handle transactions with contactless cards and NFC devices... More
Paypal is to acquire Paydiant, a white label mobile payments specialist and developer of a platform that allows retailers to incorporate payment, loyalty and offers functionality into their own apps... More
ZTE‘s latest Android smartphone will let owners unlock it by scanning their retinas with a built-in biometric solution from EyeVerify... More
PARTNER NEWS: Carta Worldwide has introduced Cloud Suite 1.0, a cloud-based platform-as-a-service solution for banks and wallet providers that supports tokenization, digital credential management, host card emulation, NFC proximity and remote payments. More
Google’s recent acquisition of Softcard’s NFC payments business may hit Samsung Pay’s prospects for widespread US adoption hard, says a respected payments consultant... More
Active mobile money accounts worldwide grew 41% to more than 100 million in 2014, a report from the GSMA’s Mobile Money for the Unbanked programme has found... More
Samsung’s new flagship handsets, the Galaxy S6 and Galaxy S6 Edge, include an embedded secure element (eSE) from Oberthur Technologies... More
Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals, MasterCard’s Matt Barr has told NFC World... More
Owners of Samsung’s new Galaxy S6 flagship phone will be able to make mobile payments at merchants equipped with both legacy magnetic stripe card terminals and those with contactless POS terminals, Samsung boss JK Shin has revealed... More
“Rampant” fraud levels being experienced by US card issuers that have signed up for Apple Pay need to be addressed with urgency, payments consultant Cherian Abraham has told NFC World, to avoid Apple, the individual banks and tokenized mobile payments as a whole suffering a reputational damage... More
Bulgaria’s First Investment Bank is joining forces with MeaWallet to provide the bank’s customers with a mobile payments service which uses cloud-based security and host card emulation (HCE) technology... More
An LTE-equipped variant of LG‘s new luxury smart watch will offer NFC mobile payment functionality, reports Engadget... More
Barclays will be the first British bank to allow people to send payments using just the recipient’s Twitter username... More
Morgan Stanley customers in the US can now add their debit cards to Apple Pay... More