Since US department store chain Kohl’s rolled out its Kohl’s Pay QR code-based mobile payments service last month, week over week the retailer has witnessed a 70% increase in enrollment with user transactions doubling over the same period... More
Mobile wallet
Smartphone users rate security most important app attribute, survey finds
PARTNER NEWS: More than two thirds of smartphone owners use mobile banking apps, while nearly 80% consider security and reliability the most important attributes of a paid app, says a survey by Gemalto which is now available to download from the NFC World Knowledge Centre... More
One in four use mobile wallets in Singapore
More than a quarter (26%) of cardholders in Singapore now use a mobile digital wallet, with Apple Pay the most popular ahead of Android Pay and then Samsung Pay, Singapore Business Review reports... More
Indian bank offers sound-based contactless payments
India’s Yes Bank is to integrate ToneTag’s sound-based contactless payments system into its Yes Pay mobile wallet, The Economic Times reports... More
Apple Pay transactions up 500% year on year, CEO reports
Apple Pay transactions have risen nearly 500% year on year, with more purchases made in September 2016 than during the whole fiscal year in 2015, Apple CEO Tim Cook has revealed during the company’s latest quarterly financial results call... More
Visa opens up its tokenization platform to third-party suppliers
Visa is allowing third-party partners to offer its Visa Token Service (VTS) platform, allowing device manufacturers, issuers, internet of things developers, wallet providers, merchants and others to offer its digital payment service on any device... More
EMVCo and Fido to deliver biometric authentication standards for mobile payments
Fido Alliance is working with EMVCo to provide a new authentication standard for mobile wallet and payments developers, allowing consumers to use certified, on-device biometric verification when making in-store or in-app purchases... More
Mastercard adds online Masterpass payments to Android Pay, Samsung Pay and Microsoft Wallet
Mastercard has signed deals with Google, Samsung and Microsoft to allow its customers that use Android Pay, Samsung Pay or Microsoft Wallet to shop online wherever Masterpass is accepted, while Google has announced a similar deal with Visa to offer the same functionality to Android Pay users via Visa Checkout... More
French electronic wallets merge to create ‘universal mobile payment solution’
French bank BNP Paribas and supermarket giant Carrefour are to merge their Wa... More
Rambus Bell ID launches Token Gateway to ease bank integration with multiple TSPs
PARTNER NEWS: Rambus Bell ID has launched a software platform that card issuers can use to integrate with multiple third-party token service providers (TSPs) such as those operated by international and domestic payment schemes... More
Mobile payments awareness up in North America, but usage remains flat
Nearly six in 10 North American consumers (56%) are now aware of mobile payment services — a 4% increase from this time last year, research from Accenture has revealed... More
Evry to offer NFC and HCE mobile payments with G&D
PARTNER NEWS: Norwegian financial services provider Evry is licensing Giesecke & Devrient’s (G&D) Convego CloudPay mobile payment solution to make NFC and host card emulation (HCE) mobile payment services available to its banking customers across the Nordic region... More
Australian banks call Apple’s NFC restriction “completely baseless”
Apple’s claim that allowing access to the NFC technology within its iPhones would diminish the security of Apple Pay has been branded “completely baseless” by a group of four Australian banks, who are seeking greater powers of negotiation over the entry of third-party mobile wallets in the country... More
Apple Pay launches in New Zealand
Apple Pay has arrived in New Zealand with support for Visa credit and debit cards issued by ANZ Bank New Zealand... More
NXP sees soar in activation rates for NFC transit in China
PARTNER NEWS: Activation rates for the NFC mobile transit solution introduced by NXP and handset manufacturer Xiaomi in China have grown more than 15% in Shanghai and over 20% in Shenzhen since services on the Mi 5 smartphone launched in June 2016... More
Chase to support Microsoft Wallet next year
US bank Chase is to begin supporting Microsoft Wallet “next year” according to a tweet from Chase Support... More
UK Vodafone customers get NFC payments through PayPal
Vodafone customers in the UK can now make NFC mobile payments through PayPal using Vodafone Wallet at any contactless terminal as well as across the Transport for London (TfL) network and on National Rail services in and around the capital using their Mastercard or Visa cards... More
Kohl’s launches QR code mobile payments feature across the US
Customers at US department store chain Kohl’s can now make purchases by scanning a QR code at the point of sale using Kohl’s Pay, a mobile payment feature that has been integrated into the retailer’s existing mobile app... More
White paper explores the evolution of the digital wallet
A 24-page white paper that explores the evolution of the digital wallet and the mobile payment landscape while mapping out the best way forward for wallet providers including banks, card networks and mobile network operators is now available to download from the NFC World Knowledge Centre... More
Android Pay ends Google Wallet card transfer
Previous users of Google Wallet will not be permitted to transfer cards to Android Pay from October 14... More