Shoppers can now complete online purchases through Visa Checkout by sliding a virtual image of their credit, debit or prepaid card across the screen of their smartphone... More
Mobile wallet
Samsung Pay hands out US$30 gift cards to S7 users
US consumers who make their first purchase using Samsung Pay on a Galaxy S7 or S7 Edge device this month are being offered a gift card worth US$30 from one of five selected Samsung Pay merchants — Best Buy, eBay, Whole Foods, Nike or Regal Cinema. More
Verizon to support Samsung Pay
Verizon has confirmed that its Samsung Galaxy S7 and Galaxy S7 Edge devices will come equipped with Samsung Pay, despite reports earlier this week that the mobile network operator had disabled support for the mobile payments service... More
Study examines attitudes to contactless payments in the UK, Germany and Spain
More than 90% of British, German and Spanish business leaders interviewed for a survey of attitudes to contactless technology have already invested in contactless projects and expect that 10% of all transactions will be contactless within the next three years, a white paper now available to download from the NFC World+ Knowledge Centre reveals. More
Fido Bank launches HCE mobile payments in Ukraine
Consumers across Ukraine can now make host card emulation (HCE) based mobile payments using The Pay, a new service launched by Fido Bank in partnership with mobile wallet platform provider PriNum... More
More than 100m people will make an NFC mobile payment in 2016
More than 100m people around the world will use an NFC handset to make a purchase this year, according to a new report from Strategy Analytics, and the value of transactions conducted via NFC handsets will grow from US$30bn in 2016 to US$240bn in 2021. More
People’s United Bank adds Samsung Pay
Customers of People’s United Bank in the US can now add their debit cards to Samsung Pay... More
Verizon removes Samsung Pay from Galaxy handsets?
US mobile network operator Verizon is shipping the Samsung Galaxy S7 and S7 Edge without support for Samsung Pay, according to an Android Police report... More
Suretap goes live with loyalty
Users of the Suretap NFC mobile wallet can now earn and redeem loyalty points as a result of a partnership between the Canadian mobile wallet provider and the Points loyalty network announced in November 2015... More
ExxonMobil rolls out Apple Pay at the pump
Motorists across the US can now pay for their fuel at the pump at more than 6,000 ExxonMobil gas stations using Apple Pay and the fuel retailer’s Speedpass+ mobile payment app. The oil and gas company plans to expand the app’s availability to more than 8,000 locations by mid-year. More
Samsung Pay records net loss of US$16.8m in 2015
Samsung Pay has recorded a net loss of US$16.8m since the mobile payment service was unveiled in March 2015, despite attracting approximately five million users in South Korea and the US in its first six months... More
Amex patent turns reward points into virtual currency
American Express is exploring a system that would let its customers use reward points for purchases in third-party digital wallets, according to a newly published patent application... More
Samsung Pay to enable deposits at South Korean ATMs
Samsung Pay users in South Korea will soon be able to both deposit and withdraw money from the ATMs of Woori Bank, Shinhan Bank, KB Kookmin Bank, Industrial Bank of Korea and NH Nonghyup Bank... More
Chinese consumers register 3m cards to Apple Pay in 48 hours
Chinese shoppers activated 3m bank cards with Apple Pay within two days of the mobile payment service’s launch, according to China Merchants Bank... More
Apple Pay adds 27 US banks
Apple has added a further 27 banks and credit unions to its list of Apple Pay supporting financial institutions in the US... More
Visa to end support for alternate PANs in cloud-based payments
Visa has updated its cloud-based payments specifications to include a requirement for issuers to migrate from alternate PANs to tokenization, NFC World has learned... More
Apple Pay tops US merchant mobile wallet requests
Nearly half of US point of sale merchants (44%) are using or have requested information about mobile wallet solutions and 67% of those wanted Apple Pay, an investor note by Piper Jaffray analyst Gene Munster reported by Barron’s reveals... More
Frost & Sullivan predicts surge in mobile wallet adoption
The number of active mobile wallet users will rise from 409m in 2015 to 1,722m in 2023, research from Frost & Sullivan predicts, while mobile payment transaction values will increase from €289.02bn (US$315.39bn) in 2014 to €1,516.70bn (US$1615.1bn) in 2020, representing a compound annual growth rate (CAGR) of 31.8%... More
Analyst compares global take-up of key mobile payment services
Apple Pay has attracted 12m monthly users globally since its launch in October 2014, while Google’s Android Pay has attracted 5m monthly users since becoming available in September 2015 and Samsung Pay has also attracted 5m monthly users, according to research by Crone Consulting which has been reported by Bloomberg... More
Google reports on US Android Pay adoption
Android Pay has averaged 1.5m new registrations each month in the US since the mobile payment service’s launch in September 2015, Google has revealed... More