Apple Pay adoption at the point of sale is “growing nicely” and is “in-line with growth among other digital payment players” such as Google and Samsung, long-time Apple analyst Gene Munster reveals... More
POS
Square arrives in the UK
Mobile POS provider Square has launched in the UK... More
Nordic banks roll out first mobile payment services with support for Dankort
Customers of more than 60 banks belonging to The Bokis Partnership have become the first in Denmark to be offered a mobile payment service for Dankort, the country’s national debit and credit card. The service is available through the mobile apps offered by each of the supporting banks and works on Android handsets through host card emulation (HCE) and on iOS through a Bluetooth acceptance device at the point of sale. More
Dynamics CEO shares details on how LG Pay will work with magnetic stripe card terminals
The Wireless Magnetic Communication technology being used for LG’s mobile payment service will allow consumers to pay with their phones in more places without having to change any of the point of sale terminals or re-educate merchants, technology provider Dynamics’ CEO has told NFC World. More
Esso customers get mobile payments and rewards at 1,000 Canadian gas stations
Motorists across Canada can now pay for fuel and car washes as well as accumulate loyalty rewards using a mobile payment service that is being rolled out by fuel retailer Imperial Oil to 1,000 Esso-branded gas stations nationwide. More
US airport stores to automatically file expense reports for business travellers
Business travellers will soon be able to make in-store purchases at select retailers and restaurants inside three US airports and have their expenses automatically submitted on their behalf through the point-of-sale system so that they “don’t need to worry about creating an expense claim down the line”. More
LG to launch mobile payments service using magnetic communication technology
LG will launch its LG Pay mobile payments service in Korea in June this year using a mobile payment technology that works by “generating a magnetic signal from a mobile device such as a smartphone, and paying it to a general credit card terminal”. More
Cook: China has “higher willingness” to embrace mobile payments
China is outpacing the US and Europe in the development of mobile payment technology, according to Apple CEO Tim Cook... More
Contactless overtakes traditional card payments in Hungary
Contactless payments accounted for more than half of all transactions made with payment cards in Hungary in 2016, the country’s central bank says... More
Tag Heuer unveils connected watch range with Android Pay
Luxury watchmaker Tag Heuer has unveiled the second generation of its connected watch range, powered by Google’s Android Wear 2.0 operating system and offering host card emulation (HCE) payments through Android Pay... More
Wearable payments platform to be tested on three continents
A digital cash service allowing consumers — including those without bank accounts — to load money onto a range of wearable items and make contactless payments in retail outlets will roll out across “eight or nine countries” in North America, Europe and Africa from April 2017... More
Offers increase US mobile payment transaction frequency in stores by 50%
Transaction-based incentives are driving the use of mobile payments both in-store and in-app across the US, research from Auriemma Consulting Group (ACG) shows, with those who received an incentive to use mobile payments in-store over a one-week period doing so 4.6 times compared to 3.1 times for those not offered an incentive... More
Samsung Pay to launch in India with support from five Visa and Mastercard issuers — and Paytm
Samsung has begun inviting Galaxy phone owners in India to register for early access to Samsung Pay. Customers can opt to pre-register Axis Bank, HDFC Bank, ICICI Bank and Standard Chartered Bank debit or credit cards and SBI Cards credit cards today with support for American Express and Citibank to follow. Paytm’s market leading mobile wallet will also be supported by the service. More
Mastercard adds bar tab feature to Qkr! mobile payments app
Mastercard has unveiled a new feature for its Qkr... More
China’s central bank tests digital currency for in-store payments
The People’s Bank of China (PBOC) has conducted trial runs of a prototype cryptocurrency it has been developing since 2014 that could be used “to buy anything from noodles to a car”, The Straits Times reports... More
Rambus unveils Unified Payment Platform for mobile payments and loyalty
PARTNER NEWS: Rambus has unveiled a mobile payments platform that will allow retailers to launch mobile payment and loyalty services that securely store and manage a variety of payment cards, as well as gift cards and loyalty points, to enable consumers to pay with credit, points and coupons in a single transaction at the point of sale... More
Bank of China brings Apple Pay to UnionPay credit cards
Bank of China has become the first bank in Hong Kong to offer Apple Pay with UnionPay credit cards... More
More than 150,000 Kenyan merchants to get mobile payments with Masterpass QR
More than 150,000 micro, small and medium enterprises (MSMEs) in Kenya will be able to accept in-store mobile payments using QR code technology in 2017, using Mastercard’s Masterpass QR platform... More
Paytm targets 10m Indian mobile payments merchants
Indian mobile wallet provider Paytm wants to increase the number of stores where its QR code-based service is available from 3.5m to 10m... More
Apple Pay most popular mobile payment service among US retailers, survey finds
Apple Pay has the largest percentage of supporting US merchants with 36% accepting the mobile payment service today, up from 16% last year, research released by Boston Retail Partners (BRP) reveals... More