Canadian debit network Interac has partnered with Norwegian domestic debit network BankAxept to help accelerate the rollout of NFC mobile debit solutions in Norway... More
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Samsung Pay to begin rolling out across Singapore in June
Samsung Pay is to begin rolling out across Singapore on June 16, making it the first country in Southeast Asia to get the mobile payment service. It will launch with support from American Express, MasterCard and Visa and major banks. More
China sees rapid growth in proximity mobile payments
The number of Chinese consumers making in-store mobile payments more than doubled last year and almost half of all smartphone users in the country will be making proximity mobile payments by 2020, according to research released by eMarketer... More
Mobvoi to add NFC payments to smartwatches in China
Owners of Mobvoi’s Ticwatch will soon be able to make NFC payments at contactless terminals across China as the result of a partnership between the smartwatch maker, China UnionPay (CUP) and Oberthur Technologies (OT). More
Ant Financial takes Alipay to Germany with Concardis
Chinese tourists will soon be able to make payments at 210,000 store locations in Germany serviced by payment provider Concardis using Ant Financial’s Alipay mobile payment platform. The move marks the service’s launch into Europe after the company unveiled its expansion plans at Money20/20 Europe in April 2016. More
Visa to supply athletes with NFC payment rings at Rio 2016
Athletes at this year’s Rio 2016 Olympic and Paralympic Games will be given an NFC payments ring linked to a Visa account that will let them make purchases by tapping their hand against contactless terminals. More
Samsung Pay makes European debut in Spain
Samsung Pay has begun rolling out across Spain, making it the first European market where the mobile payment service is available. The service has launched with support from CaixaBank and ImaginBank and will also be available for customers of Abanca and Banco Sabadell “soon”. More
Square offers weekly payment plan for contactless readers
Square’s contactless chip reader can now be paid for in instalments of US$1 per week for 60 weeks... More
Boku and Verteda take carrier billing to UK venues
UK consumers can now pay for food and drinks at sports and entertainment venues serviced by IT solutions provider Verteda and charge their purchases to their mobile phone bill. The company has integrated the service into its Qjacker mobile payments app through direct carrier billing provider Boku. More
Canadian banks go live with Apple Pay
Customers of Canada’s TD Bank, Scotiabank and BMO Bank of Montreal can now make in-store and in-app payments using Apple Pay... More
Survey reports on use of Apple Pay, Android Pay and Samsung Pay in the US
More than a quarter of US consumers (27%) with an eligible smartphone have used Apple Pay, Android Pay or Samsung Pay, according to research released by Auriemma Consulting Group (ACG)... More
UOB to lift NFC mobile payment limit in Singapore
Singapore’s United Overseas Bank (UOB) will lift the S$100 (US$73) contactless transaction limit for NFC mobile payments at all of its point-of-sale terminals by the end of next year... More
Visa Europe records contactless growth across the continent
Some 3bn contactless transactions were made across Europe on Visa cards and payment-enabled devices in the year to 30 April 2016, growing from 143m transactions a month in April 2015 to 360m in April 2016... More
MasterCard collaborates on speeding up EMV checkout
MasterCard is working with other payment networks, acquirers and processors to develop a standard that will reduce EMV checkout times... More
US startup raises funds for multipurpose smart wallet
US startup Spendwallet is raising funds on Indiegogo for an electronic wallet device that can store up to 20 magnetic stripe cards and will let the owner make payments at the point of sale using the company’s self-developed Magnetic Flux Emulation (MFE) technology. More
Wells Fargo to add NFC-based mobile payments to banking app
Customers of Wells Fargo Bank across the US will soon be able to make NFC-based mobile payments and ATM withdrawals with a tap of their phone using the Wells Fargo Wallet, a mobile payment service expected to launch “later this summer”... More
Wells Fargo to launch NFC mobile payments
US bank Wells Fargo is expected to launch an NFC-based mobile payment service this week, according to the Los Angeles Times... More
Wirecard supports launch of Curve
German payments technology provider Wirecard is supporting the launch of Curve, a physical payment card that will let consumers store an unlimited number of bank cards and make contactless payments at POS terminals where MasterCard is accepted... More
Jones adds NFC and QR codes to smart packaging with Tuku
Pharmaceutical and consumer packaged goods companies can now add NFC tags and QR codes to packaging in order to send out messages, promotions and offers to their customers’ smartphones using an integrated solution developed by packaging provider Jones Packaging and mobile marketing specialist Tuku. More
Samsung Pay expected to enable support for Alipay
Samsung and Chinese internet giant Alibaba are to announce a collaboration on mobile payment systems this week, according to Yonhap News Agency... More