More than US$30m has been spent through Samsung Pay since the mobile payment service’s launch in Korea one month ago, Samsung has revealed... More
Report
40% of UK Apple device owners have used Apple Pay
Four in ten UK consumers with an Apple Pay compatible device (40%) have used the mobile payment service to pay for goods or services since its launch in July 2015 and 15% feel that the introduction of Apple Pay will increase the amount of contactless payments they make, eDigitalResearch has found... More
Indian mobile wallet market to reach US$6.6bn by 2020
India’s mobile wallet market will be worth US$6.6bn by 2020, research from TechSci Research reveals... More
Six in ten US consumers yet to receive an EMV card
Close to six in ten US consumers (59%) have not yet got an EMV card and only 32% of those who have are aware that the US is moving to EMV payments, ABI Research has found... More
One in four US merchants will be EMV-ready by October deadline
Only 27% of US merchants will be EMV-ready by the October liability shift, representing a seven percentage point decline from a 34% estimation in March, research from The Strawhecker Group (TSG) reveals... More
80% of Brits have used alternative payment methods this year
Eight in ten UK consumers with bank accounts have used an alternative to traditional cash and plastic cards in the last 12 months, research by Gocompare.com has found... More
Canadian contactless transactions grow 150%
The number of contactless transactions conducted in Canada has increased by almost 150% over the past year, fuelled in part by the rapid roll-out of Interac Flash cards, research from Technology Strategies International shows. “The mobile payments landscape in Canada will change dramatically within the next five years, with about two thirds of the smartphones in Canada having NFC capability by 2019,” the company adds... More
MasterPass volumes up 40% in Europe
The number of MasterPass transactions in Europe has increased at an average 40% every month for the last six months and the online payment solution is now accepted at over a quarter of a million retailers around the world, MasterCard has revealed... More
Nine in ten US financial institutions working on EMV
Nine in ten US financial institutions have either begun issuing EMV debit cards or are planning to do so by the end of 2015, research from Pulse reveals... More
13% of UK consumers have made an in-store mobile payment
Some 13% of UK consumers have made an in-store mobile payment, up from 3% last year, Deloitte’s Mobile Consumer 2015 report reveals... More
NFC chip market to rise 50.6%
The global NFC chip market will grow at a compound annual growth rate (CAGR) of 50.6% by volume over the period 2014-2019, analysts from market research firm Technavio predict in the company’s ‘Global NFC Chips Market 2015-2019’ report... More
ABI Research paper analyses payment and banking card technology market
A six-page excerpt from ABI Research’s Payment & Banking Card Technologies report is now available to download free of charge from the NFC World+ Knowledge Centre courtesy of Gemalto, which topped ABI’s vendor rankings in the report for the second consecutive year. More
“Highly interested” Canadians ready for mobile payments
Some 14% of Canadian consumers say they are highly interested in making in-store mobile payments and 11% are also interested in using a wearable device such as a smartwatch to do so, research from payment services supplier Tsys has revealed... More
38% of Americans back biometrics
More than a third (38%) of Americans believe biometrics will increase their smartphone security, while 25% are skeptical and 37% don’t know, research from Unisys Security Insights finds... More
Almost one in six US consumers are using mobile wallets
Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile wallet functionality in the coming six months, a study released by market research and consulting firm Chadwick Martin Bailey has found... More
Two in three US POS terminals to be EMV by 2020
The installed base of EMV terminals in the US will reach about 65% by the end of 2020, a new report from GrowthPraxis has found... More
One in four UK consumers influenced by in-store payment methods
More than one in four UK consumers are more likely to shop somewhere if it offers a greater range of — and more innovative — payment methods, a survey conducted for Sage Pay has revealed... More
Australia leads the way for contactless ownership and usage
Two thirds of Australians are now aware they own a contactless payment card and 53% have made a contactless transaction, research released by RFi Group has revealed, taking the country to the top of a leaderboard for both contactless awareness and usage rates... More
84% of banks and retailers plan to invest in mobile payment technology
The “overwhelming majority” of financial institutions and retailers are currently investing or planning to invest in new payment technologies within the next 18 to 24 months, with online (86%) and mobile payment technologies (84%) topping the list, a survey by payments provider ACI and IT consultants Ovum has found... More
Forecast: 100m Apple Pay-capable phones in US by 2020
Some 100m Apple Pay-capable smartphones will be available in the US in 2020, up from 53m this year, according to Mercator Advisory Group... More