Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years. More
Mobile wallet
NFC SIM shipment remains static in 2015 due to Softcard closure
The global number of NFC SIM card shipments remained static during 2015 following the closure of the Softcard mobile wallet in the US last year, the SIMalliance has revealed, despite reporting significant NFC SIM growth across Asia and Europe. More
Vodafone Wallet wins PX Award
PARTNER NEWS: Transaction technology provider Carta Worldwide, PayPal and Vodafone have won the ‘International Program of the Year’ award for Vodafone Wallet at the PX Payments Awards in Canada... More
Banco Santander launches HCE in Spain
Customers of Banco Santander in Spain can now make host card emulation (HCE) based mobile payments using their NFC devices and the Santander Wallet mobile app... More
G&D integrates Convego CloudPay with Visa Token Service
PARTNER NEWS: Giesecke & Devrient (G&D) has integrated its Convego CloudPay solution with Visa Token Service (VTS)... More
Bell ID white paper explores tokenization
A 26-page white paper that explores tokenization, how it is implemented and the role of token service providers (TSPs), token vaults and token domains is now available to download from the NFC World+ Knowledge Centre... More
Samsung Pay teams with POS makers to boost adoption
Samsung Pay has teamed up with global point of sale providers Verifone, Ingenico, First Data and Clover, PAX Technology, Equinox, ID Tech, MagTek, USA ePay and OTI Global to accelerate the adoption of the mobile payment service... More
Apple Pay adds more than 50 banks in the US
Apple has added more than 50 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, 9to5mac reports... More
Gemalto and Worldline simplify onboarding to OEM mobile wallets for banks and card issuers
PARTNER NEWS: Digital security giant Gemalto is working alongside European payment and transactional services provider Wordline to enable the “seamless onboarding” of banks and card issuers to mobile payment wallets provided by device manufacturers... More
Samsung Pay to launch in Singapore in Q2 this year
Samsung Pay will launch in Singapore in the second quarter of this year, the company has announced, adding it to South Korea, the US and China on the list of Samsung’s “priority markets”... More
Baidu Wallet launches in Thailand
China’s Baidu has launched its Baidu Wallet mobile payment service in Thailand, enabling Chinese tourists to pay for goods and services there with their mobile phone... More
Samsung Pay adds major banks in US
Samsung Pay will soon support eligible credit and debit cards from TD Bank and Regions Bank, taking the total number of supporting banks and credit unions in the US to 130 — more than 75% of the country’s credit and debit card market... More
Apple Pay launches in Singapore
Apple Pay has begun rolling out across Singapore, letting consumers pay in store with compatible Apple devices and make purchases within participating mobile apps using their American Express cards, with support from Visa expected “soon”... More
Bank of America reports on mobile banking
Bank of America added 910,000 new mobile banking users during the first quarter of 2016, resulting in a total of almost 20m active users, CEO Brian Moynihan revealed during the bank’s Q1 earning results... More
Verizon gives 2GB of free data to Android Pay users
Android Pay users across the US with a Verizon handset can get 2GB of free data when they make in-store purchases using the mobile payments service between now and mid-June. More
Dutch gas stations enable mobile payments with MyOrder
Motorists will be able to order and pay in advance for fuel at 220 Tamoil gas stations in the Netherlands from this summer using their smartphone and a new mobile refuelling feature enabled through MyOrder — the mobile ordering and payment service backed by Rabobank... More
Orix to push Alipay in Japan
Financial services provider Orix is to promote Ant Financial’s Alipay mobile payment platform in Japan and encourage more stores to accept the service... More
Apple Pay adds 32 banks in the US
Apple has added a further 32 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, 9to5mac reports... More
61% of US Apple Watch owners use Apple Pay
Nearly two thirds of Americans with an Apple Watch (61%) use the device to make payments with Apple Pay, research from Fluent reveals... More
Mobile wallet transactions to increase 61% by 2021
The number of mobile wallet transactions across Europe will increase at a compound annual growth rate (CAGR) of 61.8% from 2016 to 2021, Smart Insights predicts... More