British consumers will be able to spread the cost of high-value in-store payments following a partnership between Mastercard and Verifone... More
POS
Masterpass comes to 30,000 South African merchants after SnapScan deal
South Africans can now use Mastercard’s Masterpass digital wallet to pay for goods and services at more than 30,000 merchants accepting SnapScan in South Africa, using their mobile phones by scanning a QR code at the point of sale... More
Paytm suspends App POS feature
Indian mobile payment provider Paytm has suspended a new feature in its mobile app two days after its launch, citing the need to “add additional certifications and features” before making it available again... More
Liquid Pay targets 25,000 retailers in Singapore with QR code mobile payments
Some 25,000 retail locations in Singapore are expected to accept a new mobile payment service within the next 12 months... More
Starbucks takes mobile payments to 260 stores in Indonesia
Customers at coffee chain Starbucks in Indonesia can now make mobile payments at 260 stores nationwide by scanning a barcode at the point of sale using the company’s mobile app and completing the payment using a registered Starbucks Card... More
Chase Pay goes live at Starbucks and Best Buy
Chase Pay has launched across 7,500 Starbucks and nearly 1,400 Best Buy locations across the US, allowing shoppers to make payments by scanning a QR code at the point of sale... More
DigiTally project enables mobile money transfers without network coverage
A project enabling mobile money transfers to take place at the point of sale in areas of less-developed countries with poor or no mobile network coverage has been unveiled, by removing the reliance on SMS messaging, and, instead, allowing two people to conduct a payment by copying short authentication codes between their phones... More
InComm to pilot dynamic CVV codes
Prepaid card provider InComm is to pilot a real-time authentication solution that will allow its cardholders to complete transactions using dynamic CVV codes that replace the static CVV codes printed on the back of cards... More
PwC in digital currency project for everyday banking
Global consultancy firm PwC has joined forces with US blockchain technology outfit Bloq to create a platform allowing digital currencies to be used for everyday banking... More
16m NFC-ready POS terminals worldwide in 2016
Annual shipments of NFC-ready POS terminals are anticipated to reach an estimated 16.1m units worldwide this year, Berg Insight reveals, with more than 90% of new units shipped across Europe and North America supporting the technology... More
McDonald’s to launch mobile order and pay next year
McDonald’s is planning to launch a mobile order and pay service in up to 25,000 restaurants worldwide by the end of 2018, starting in the US next year, the fast food giant has told NFC World... More
Alipay heads to Australia with Commonwealth Bank
Alipay has signed a memorandum of understanding (MOU) with Commonwealth Bank of Australia to enable in-store and online payments for Chinese tourists in Australia... More
Indian bank offers sound-based contactless payments
India’s Yes Bank is to integrate ToneTag’s sound-based contactless payments system into its Yes Pay mobile wallet, The Economic Times reports... More
Alipay targets 2bn global users
Chinese mobile payments giant Alipay is targeting 2bn users globally in the next decade, the company’s Douglas Feagin has revealed at Money20/20 in Las Vegas... More
PayPal talks up in-store mobile payments and One Touch adoption
In-store mobile payments have experienced a “long and difficult road” but the functionality is now starting to resonate with consumers, PayPal’s EVP and chief operating officer Bill Ready has told attendees during a keynote at Money20/20... More
Alipay gains acceptance in US and Europe
Chinese mobile payments giant Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone... More
Mastercard signs deal to roll out mobile payments in 33 African countries
Pan-African banking group Ecobank has signed a memorandum of understanding (MoU) with Mastercard to roll out Masterpass QR mobile payments across 33 African countries... More
Meet NFC World’s partners at Money20/20
NFC World partners Rambus Bell ID, Giesecke & Devrient, Gemalto, SimplyTapp, NXP and Kona will be exhibiting at the Money20/20 expo in Las Vegas from October 23 to 26... More
Yes Bank unveils iris scan PoS
India’s Yes Bank has partnered with Lastmile.mobi to develop a biometric point-of-sale terminal using iris scanning technology... More
UK Vodafone customers get NFC payments through PayPal
Vodafone customers in the UK can now make NFC mobile payments through PayPal using Vodafone Wallet at any contactless terminal as well as across the Transport for London (TfL) network and on National Rail services in and around the capital using their Mastercard or Visa cards... More