What's New in Payments

Central bank pilots QR mobile payments in Cambodia

NBC tests new mobile payment app — Khmer Times — “The National Bank of Cambodia yesterday announced that is testing a mobile payment application system known as Bakong… Four financial institutions are so far included — Acleda Bank, Foreign Trade Bank, Wing Specialised Bank and Vattanac Bank… The new system will facilitate money transfers and payments (including across national borders) while enhancing financial inclusion in the country.”


What's New in Payments

National QR standard for mobile payments rolls out in Sri Lanka

Commercial Bank launches ComBank Q+ — Sri Lanka’s first QR based payment app under LankaQR — Commercial Bank of Ceylon — “The Commercial Bank of Ceylon (CBSL) has launched ComBank Q+ — the first Quick Response (QR) based payment app to be launched under LankaQR… LankaQR is the national QR standard for local currency payments introduced by the CBSL.”



What's New in Payments

LG to launch ThinQ mobile wallet in the US?

LG applies for ‘ThinQ Wallet’ crypto wallet trademark in the US — Coin Telegraph — “According to the filing documents, the trademark is for services concerning transaction and settlement services, mobile banking, ‘issuance of cyber money’, and ‘payment application software for mobile phones’ among others. ThinQ is a brand first used for a smart refrigerator introduced by the company in 2011 at a consumer electronics show. Since then, multiple smartphones have been launched under the ThinQ brand.”


What's New in Payments

Ghana to roll out national QR payments platform

Ghana to launch Universal QR Code for payments this year — Republic of Ghana — “This year, there’s going to be also a remarkable introduction into Ghana of a universal QR Code for payments. This will help us move further into the cashless direction because there will be no longer any need for merchants to have point of sales devices with the QR Code platform. All they need is a mobile phone and even a ‘yam phone’ [feature phone] will work.”


What's New in Payments

Domino’s pilots cashless stores in Australia

Domino’s Is starting to ditch cash payments — Gizmodo Australia — “The pizza maker is calling it ‘Tap & Take’ and is positioning it as a way to make the ordering process both quicker and more convenient… Domino’s has stated that the participating stores will accept ‘all forms of payment’, except for cash. This includes card payments, PayPal, Apple Pay, Android Pay, EFTPOS to door and Instagift.”


What's New in Payments

7-Eleven Japan halts QR payments rollout after hackers steal $500k in two days

Seven-Eleven mobile pay hack hits Japan’s drive to go cashless — Nikkei Asian Review — “Japan’s second-largest retail group by sales on Monday rolled out 7pay, which lets users make purchases with a smartphone app at Seven-Eleven Japan’s roughly 21,000 stores nationwide… By early Thursday, Seven & i had confirmed about 55 million yen ($510,000) stolen from 900 or so 7pay users. The company has in effect suspended the service by stopping users from adding money to their accounts.”


What's New in Payments

Telekom Slovenije launches mobile wallet that supports NFC, QR, P2P, bill splitting and transit ticketing payments

Telekom Slovenije launches the Valu smart wallet — Telekom Slovenije — “​Valu smart wallet is available in Slovenia as a mobile app from 13 June, and combines in one place mobile payment services, transfer of funds between users, splitting the bill, as well as identification and use of local infrastructure services, such as purchasing Slovenian Railways train tickets… Valu also supports payments with a QR code (on Android and iOS devices) or NFC technology (Android devices).”



What's New in Payments

Japanese government to reward shoppers for using mobile payments

Hoping to boost spending, Japan tries to sell shoppers on cashless purchases — Reuters — “A scheduled increase in the sales tax to 10% from 8% in October could hurt spending. Aware of that risk, the government is betting big on mobile payments, an industry only just taking root in Japan. As soon as the tax increase kicks in, the government will offer points redeemable for future discounts to shoppers who use QR codes and other cashless payments.”


What's New in Payments

Mobile payments providers turn to in-app games to drive adoption in India

Payments, food delivery apps launch games to woo users — Economic Times — “Payments apps and food delivery platforms are launching games to increase user base and stickiness… Paytm has found that more than 70% of its users play these games daily… In-app games, such as Zomato Cricket Cup, Swiggy Match Day Mania, Paytm Games and Tez Shots by Google Pay, are just a few examples.”


What's New in Payments

NTT Docomo celebrates 15th anniversary of world’s first mobile payment service

NTT Docomo celebrates Osaifu Keitai 15th anniversary — Ata Distance — “It all started today, July 1, 2004, when NTT Docomo launched the iMode FeliCa mobile wallet, called Osaifu Keitai in Japanese… To celebrate the anniversary Docomo has lined up a bunch of point campaigns for all the Osaifu Keitai payment networks: Mobile Suica, iD, QuicPay, Waon, Nanaco, Edy.”





What's New in Payments

European mobile wallets adopt Alipay QR code format to boost payment interoperability

Map of western europe

Six European mobile wallet providers — Bluecode (Austria), ePassi (Finland), Momo Pocket (Spain), Pagaqui (Portugal), Pivo (Finland) and Vipps (Norway) — have adopted a QR code format from Chinese payment provider Alipay to ensure digital payment interoperability and improve the international reach of customers’ wallets as well as boosting sales, participants have told NFCW... More


What's New in Payments

EPC reports on QR and Bluetooth mobile payments in Europe

White Paper: Non-NFC based Mobile Sepa Card Proximity Payments — European Payments Council — “The document aims to create awareness amongst the payments industry about the development of non-NFC based MCPP [Mobile Sepa Card Proximity Payments] solutions and to provide a common understanding of the MCPP landscape. This final version also reflects the outcome of a three-month public consultation that ended in February 2019.”


NFC World

Apple includes NFC tag writing in major upgrade to Core NFC framework

Apple's Siri Shortcuts NFC stickers

Updates to Apple’s Core NFC framework in iOS 13 will make it possible to write to NFC tags from an iPhone for the first time. Support will also be added for a new kind of ‘value added service’ tag and for reading and writing to ISO 7816 smart cards and tags and ISO 15693 (NFC Forum Type 5) vicinity cards and tags. Integration with Siri Shortcuts for single tap, multi-step automated workflows is also being added. More




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