Greece’s Alpha Bank has officially launched its Tap n Pay NFC mobile payment service... More
Mobile payments
Australian supermarket chain launches mobile wallet that works with NFC stickers
Australian supermarket chain Coles has launched the Coles Mobile Wallet, an iOS and Android app that works in conjunction with an NFC sticker to provide customers with a way to make mobile payments, manage their spending, collect loyalty points and access special offers... More
IDATE forecasts NFC phones and payments volumes
Twenty-eight million consumers will use their NFC phone to make a mobile payment in 2014, a new forecast by IDATE reveals, and the value of transactions conducted via NFC will rise from an estimated €4.6 billion in 2014 to €53.8bn in 2018... More
Australian credit union launches HCE payments
CUA, Australia’s largest customer-owned financial institution, has become the first in the Asia Pacific region to launch an NFC payments service that makes use of host card emulation (HCE) technology... More
Singapore ups contactless spending
Singapore’s United Overseas Bank has reported a more than three-fold increase in contactless card transactions in the year to April 2014, with more than 500 contactless purchases now being made each day... More
China UnionPay to offer QR payments?
China UnionPay is developing a QR code-based mobile payment service that will provide a way to make both online and offline mobile payments, according to Marbridge Consulting... More
Seqr heads to UK
Swedish firm Seamless, developer of the NFC and QR-based Seqr mobile payments service, has signed deals with Optimal Payments and Contis Group to bring the solution to the UK... More
Synchrony invests in LoopPay
Synchrony Financial, formerly GE Capital Retail Finance, has made “a strategic investment” in LoopPay, developer of a mobile phone add-on that lets US consumers make payments at merchants equipped with magnetic stripe card terminals... More
Two thirds of UK smartphone owners open to the idea of mobile wallets
Two thirds of UK smartphone owners are open to the idea of using a mobile wallet, according to a survey conducted by Marketing Sciences — but most consumers want to use a mobile wallet to collect loyalty points and offers rather than for making payments... More
Taiwanese banks to set up their own NFC TSM
Taiwan’s Fair Trade Commission has approved a plan to establish a TSM platform that the country’s financial institutions will be able to use to introduce mobile payments services, Want China Times reports... More
Indonesia to get NFC payments
Indonesian mobile network operator Telkomsel is to launch an NFC mobile payment service in October this year, in partnership with a bank, according to Indonesian Business Daily... More
Estonia to get Worapay mobile payments
Lithuania-based mobile payments provider Worapay is set to go live in Estonia this month with partner and local businessman Rando Parna, who has acquired a license to operate the technology... More
NFC payments venture Isis to change its name
Isis, the NFC venture set up by US carriers AT&T, Verizon and T-Mobile, is to get a new name... More
Moven raises $8m series A
Mobile banking, payments and budgeting startup Moven has raised US$8m in a series A funding round and will use the money to invest in new features and tools and to build its international network of partners... More
Bankia offers NFC stickers
Spanish bank Bankia has launched a mobile payments service that uses NFC stickers attached to the back of a customer’s smartphone to make purchases at any contactless POS terminal... More
Hungarian Mobile Wallet Association reports NFC pilot results
Participants in The Hungarian Mobile Wallet Association’s MobilTarca NFC pilot made 41,000 payments valued at more than 120 million HUF (US$525,000) during the first 12 months of the trial, the association has revealed... More
One third of US mobile banking users log in at least once a day
Some 31% of Americans who use a mobile banking app access the service at least once a day and more than four in five use it once a week or more, according to new research from Bank of America. Six in 10 respondents are not yet comfortable with the idea of using their smartphone as a wallet in the future, however, the survey found. More
Seqr signs up new partners
Seamless has signed up US-based prepaid card provider InComm and the Belgian arm of POS terminal provider Ingenico as partners for its Seqr mobile payment solution... More
Deluxe brings checks into the mobile era
US check printing company Deluxe Corporation has introduced the Deluxe Mobile Checkbook, a new app that will let small business owners send and receive checks using their mobile device... More
Yapital tests fingerprint payments
Retailer-owned mobile payments provider Yapital is testing the use of fingerprint biometrics to replace PIN entry when paying by smartphone... More