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Money transfer


What's New in Payments

Facebook tests Messenger payments

By Rian Boden • 1 July 2016 • nfcw.com

US consumers are testing a new service that lets them send money through Facebook’s Messenger chat app... More


What's New in Payments

Wells Fargo joins ClearXChange

By Rian Boden • 28 June 2016 • nfcw.com

Customers of Wells Fargo in the US will soon be able to make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange... More


What's New in Payments

Thai banks to launch P2P payments with PromptPay

By Rian Boden • 20 June 2016 • nfcw.com

Fifteen commercial banks and four specialised financial institutions in Thailand are to begin registration for PromptPay, a mobile P2P service developed by Bank of Thailand (BOT) and the Thai Bankers’ Association... More


What's New in Payments

Bank of America enables Apple Pay and Samsung Pay at ATMs

By Rian Boden • 20 June 2016 • nfcw.com

Apple Pay and Samsung Pay can now be used to make withdrawals and transfers at Bank of America ATMs, according to a user on Reddit... More


What's New in Payments

JPMorgan Chase joins ClearXChange

By Rian Boden • 16 June 2016 • nfcw.com

JPMorgan Chase has joined its US rivals in letting its customers transfer money in real time between financial institutions signed up to bank-led digital payments network ClearXChange... More


NFC World

Kerv and PSI-Pay to prep for NFC payments ring launch

By Rian Boden • 16 June 2016 • Updated 19 January 2019 • nfcw.com

The UK startup behind the Kerv NFC payments ring has teamed up with payment solutions provider PSI-Pay to enable a greater range of payment options on the device... More


What's New in Payments

MyPay to launch mobile wallet in Myanmar

By Rian Boden • 24 May 2016 • nfcw.com

Customers of mobile financial services provider MyPay in Myanmar will soon be able to make payments using their mobile phone through a new service based on technology from mobile wallet provider Cellum... More


What's New in Payments

Bank of America adds Android Pay withdrawals at ATMs

By Rian Boden • 19 May 2016 • nfcw.com
Bank of America

Bank of America (BofA) customers can now make cash withdrawals at ATMs in the US using their mobile phone and Google’s Android Pay mobile payment service, the bank has announced at this week’s Google I/O conference... More


What's New in Payments

Seamless authorised to issue electronic money

By Rian Boden • 11 May 2016 • nfcw.com

Swedish mobile payments specialist Seamless has been granted authorisation to issue electronic money by Finansinspektionen, the country’s financial supervisory authority... More


What's New in Payments

Singtel Dash mobile payments service adds NFC transit

By Rian Boden • 10 May 2016 • nfcw.com

Singapore mobile network operator Singtel has made NFC transport payments and top-ups available through its Singtel Dash mobile payments platform. Deals and rewards have also been added as well as overseas money transfers.  More


What's New in Payments

UK businesses to get payment service via Pingit and Paym

By Rian Boden • 10 May 2016 • nfcw.com
Bottomline

UK businesses using digital banking solutions provider Bottomline Technologies’ C-Series payments processing module will soon be able to send payments to recipients using only their mobile phone number through the Barclays’ Pingit mobile app or the Paym mobile payment platform, which is also supported by Barclays... More


What's New in Payments

WeChat integrates with Givex to push in-store presence

By Rian Boden • 14 April 2016 • Updated 14 August 2023 • nfcw.com
WeChat

Chinese ecommerce giant Tencent’s WeChat mobile payments and messaging app has been integrated with Givex’s Vexilor point-of-sale solution to enable users of the service to make in-store purchases by scanning a QR code. More


What's New in Payments

Tencent reports major increase in mobile payment users

By Rian Boden • 23 March 2016 • Updated 6 November 2017 • nfcw.com

Chinese internet giant Tencent has reported that the number of monthly active users (MAU) of its mobile payments services has increased by seven times over the last year... More


What's New in Payments

Polish bank brings HCE payments to Windows 10 devices

By Rian Boden • 3 March 2016 • nfcw.com
Bank Pekao

Customers of Poland’s Bank Pekao with a Windows 10 Mobile device can now use the bank’s PeoPay host card emulation (HCE) based mobile payment service to make transactions at any contactless terminal... More


What's New in Payments

58% of millennials prefer friends to pay cash

By Rian Boden • 3 March 2016 • nfcw.com

Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals... More


What's New in Payments

Swiss P2P payments service moves in-store with QR codes

By Rian Boden • 3 March 2016 • nfcw.com
Paymit

Shoppers in Switzerland can now make in-store mobile payments using Paymit, the P2P transfer service established by the country’s financial infrastructure operator SIX and telecommunications provider Swisscom... More


What's New in Payments

Pin4 rolls out mobile ATM withdrawals in the US

By Rian Boden • 25 February 2016 • nfcw.com

Consumers in New York, Miami, Chicago and Los Angeles can now make P2P cash withdrawals using a PIN code sent to their mobile phone at ATMs equipped with technology from Pin4 and ATM network operator Payment Alliance International... More


What's New in Payments

Nearly 1bn to use NFC payments by 2019

By Rian Boden • 25 February 2016 • nfcw.com
Ovum forecast

A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More


What's New in Payments

Mahindra powers AsiaHawala mobile money in Iraq

By Rian Boden • 23 February 2016 • nfcw.com

PARTNER NEWS: Customers of Iraqi mobile network operator Asiacell can now make P2P transfers, settle bills and pay merchants using AsiaHawala, a mobile money service powered by Mahindra Comviva’s Mobiquity Money solution... More


What's New in Payments

Barclays Pingit adds BBM support

By Rian Boden • 19 February 2016 • nfcw.com

UK users of BlackBerry’s BBM messaging service can now initiate mobile payment transfers to each other using Barclays’ Pingit P2P payment service... More


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New in the NFCW Knowledge Centre

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