The Mobile Wallet Report is the industry’s weekly premium news source — find out more and download a sample issue here.
Do you have expertise in contactless cards, NFC, UWB, biometrics, BLE, RFID, tokenization, digital wallets or wearables that you’d like to share with NFCW’s 12,500 members around the world... More
Two Subway outlets in Sydney and Brisbane are “the first major Australian quick-service restaurants” to let customers pay for their purchases using the national QR code payments and rewards platform developed by Australia’s Eftpos payments system... More
Google Pay users in India can now choose to make in-store mobile payments with their Android NFC smartphone directly from their bank account using the country’s Unified Payment Interface (UPI) real-time mobile payments service... More
Citi Commercial Cards is to enable its business customers in more than 40 markets worldwide to digitise their plastic corporate payment card or provision a virtual card into a mobile wallet and use it to make NFC mobile payments... More
PARTNER NEWS: Morocco-based CIH Bank has launched CIH Pay, a mobile payments service that allows customers to digitize their bank card on their smartphone and use it to make in-store contactless payments... More
More than nine in 10 consumers in Nigeria (91%) and six in 10 consumers in Indonesia (60%) would be likely to use a central bank digital currency (CBDC) compared with less than 24% in the US and 14% in Germany, according to a report by Giesecke+Devrient and the Official Monetary and Financial Institutions Forum (OMFIF)... More
Nine in 10 consumers in the Asia Pacific region have used mobile payment apps at least once during the past 12 months, while more than half have used digital payment methods at least once a week and a sixth have made a digital payment for the first time since the beginning of the Covid-19 pandemic (15%), according to research published by Kaspersky... More
Google Pay has launched in Israel with support for cards issued by the country’s major banks and payments card issuers... More
The total number of personal and corporate digital yuan wallets issued in China has risen from 24.5m in July to 140m as of October, an increase of nearly 600%, the People’s Bank of China’s Mu Changchun has revealed... More
The global transaction volume of in-store and ecommerce digital wallet payments will exceed US$10tn by 2025, according to a forecast commissioned by Discover Global Network... More
Passengers travelling on Metrolinx’s Union Pearson (UP) Express airport rail link in the Canadian city of Toronto can now opt to pay their fares with their contactless debit card as part of the transport agency’s trial of its Presto open payment ticketing system... More
Passengers on bus, subway and suburban rail services in the Chinese capital Beijing can now receive a discount and pay as little as 0.01 yuan for their journey if they use the country’s central bank digital currency (CBDC) to pay their fares from a digital yuan mobile wallet issued by the Industrial and Commercial Bank of China... More
A vulnerability in the way that Visa cards work with Apple Pay Express Transit mode “could enable hackers to bypass an iPhone’s Apple Pay lock screen and perform contactless payments”, researchers at the University of Birmingham and the University of Surrey have found... More
Customers of Emirates NBD bank in the United Arab Emirates completed 34m contactless transactions during eight weeks of the bank’s ‘Get Together. Go Contactless’ promotion. “The ‘Get Together. Go Contactless’ campaign has accelerated the adoption of contactless payments substantially,” the bank says. More
Eight in ten (80%) in-person contactless payments made from digital wallets using Commonwealth Bank of Australia (CBA) debit and credit cards are made by tapping an Apple device, the bank has told a government inquiry into mobile payments and digital financial services... More
PARTNER NEWS: Entrust, the world leader in secure payment card issuance, has announced a definitive agreement to acquire Antelop Solutions... More
Google Pay is preparing to launch in Israel by the end of 2021, following a deal reached by Israeli credit card company Isracard with Google to support payments made with its card via the mobile wallet, local media outlets report... More
Nearly two in three consumers in the UK (62%) would now prefer to use their payment card through a mobile wallet compared with 31% last year, according to a survey commissioned by Samsung Pay... More
Two-fifths of US consumers (40%) still prefer to use cash and just under 40% of US businesses (39%) maintain a cash-only policy for purchases of less than US$20 “despite the availability of technology-driven forms of payment such as credit cards, debit cards and mobile wallets,” a survey by a division of WSFS Bank has found... More
The UK will begin rolling out a new £100 (US$137) spending limit for contactless payments from 15 October 2021, UK Finance has announced... More
