Samsung has announced it is extending its global partnership with MasterCard to deliver Samsung Pay to European card issuers using the MasterCard Digital Enablement Service (MDES) — and is currently working with European banks and partners to bring the mobile payment service to the continent following a planned launch in the US and South Korea later this year... More
More than a fifth (24%) of Britons aged between 18 and 34 believe companies such as Google, Apple and Amazon would do a “better job” of providing financial products and services than banks, with 8% now choosing their bank depending on the type of mobile service it offers, research from price comparison site uSwitch reveals... More
Hong Kong Telecommunications (HKT) subsidiary HKT Payment has launched a SIM-based NFC mobile payment service to let customers of its 1010 and Csl mobile service brands pay at more than three million locations worldwide which accept MasterCard PayPass, using funds stored in their Tap & Go mobile wallet account... More
Bitcoin mobile wallet provider OneBit has begun alpha testing its mobile payment service which works via NFC at the point of sale wherever MasterCard is accepted... More
Coffee chain Starbucks is processing nearly nine million mobile payments a week across its US locations, representing 20% of all in-store transactions, CEO Howard Schultz revealed during the company’s third quarter earnings call... More
US retailer-owned mobile payments consortium MCX is to test its CurrentC mobile wallet in stores next month, Bloomberg reports, adding: “MCX expects to formally introduce the CurrentC app some time in the third quarter.” MCX unveiled the CurrentC brand in September 2014 and confirmed to NFC World it would launch in a “mid-sized market” in April... More
Mumbai-based LivQuik, the company behind mobile payment service QuikWallet, has raised US$1.6m from existing investor Snow Leopard Ventures to scale its team, technology and merchant base... More
Customers of convenience store chain 7-Eleven in Taiwan can now make mobile payments using a mobile wallet provided by Pi Mobile Technology backed by a bank card supplied by CTBC Bank... More
PARTNER NEWS: Digital security specialist Gemalto has partnered with prepaid card provider InComm to enable mobile wallet providers to offer prepaid NFC mobile payment services... More
One97 Communications, owner of mobile payment platform Paytm, has asked Reserve Bank of India (RBI) to increase the limit on money that can be kept in a mobile wallet to Rs 25,000 (US$393) from Rs 10,000 (US$157)... More
Password management and digital wallet app Dashlane is to let Samsung device users verify their identity using the fingerprint sensor on devices including the Galaxy S6, Galaxy S5, Galaxy Note 4 and Galaxy Note Edge... More
More than half of US shoppers (54%) would use a mobile wallet if it were accepted everywhere and 20% would stop carrying traditional wallets if mobile payments were accepted everywhere, research from Blackhawk Engagement Solutions reveals... More
Apple Pay is now live across the UK, enabling consumers with iPhone 6, iPhone 6 Plus and Apple Watch devices to make NFC mobile payments at more than 250,000 locations and across the Transport for London (TfL) bus and underground rail network... More
Barclays has confirmed it will support Apple Pay in the UK “in the future,” having been a notable absence from the list of participating banks when Apple announced in June it would expand the mobile payments service... More
CU Wallet, a mobile payments platform developed for US credit unions, is to integrate merchant offers and promotions through a partnership with Relevant Solutions... More
More than 17m users of Indian mobile wallet service MobiKwik will be able to make in-store payments at 55 WHSmith India stationery and book stores, the first time the service has been available for payments in physical locations... More
American Express has launched an online checkout service that works across desktop, mobile and native apps to let its US card members make payments with their existing American Express user ID and password, without having to create or manage a new account... More
Users of New Zealand’s NFC mobile wallet Semble will be able to pay for public transport using the app through a partnership with prepaid transit card provider Snapper... More
The global market for mobile wallets will reach US$2.7tn by 2020, “driven by the proliferation of smartphones, tablets, mobile internet, strong governmental support for cashless transactions and the convenience offered by mobile payments,” Global Industry Analysts says... More
US parking payment systems provider Cale will offer contactless card readers that accept Apple Pay as well as other NFC mobile wallets in July... More