PARTNER NEWS: South Korean smart card provider Kona has unveiled Kona Money, a mobile payment service that integrates gift cards and allows for purchases to be made at the point of sale using NFC, QR code or barcode scanning... More
Retail
Three quarters of US retailers plan to accept Apple Pay before 2018
More than three quarters of US retailers (76%) plan to accept Apple Pay by the end of 2017, research released by the National Retail Federation and Forrester reveals. More
US pharmacy chain launches barcode payments
Customers at US pharmacy chain CVS can now make purchases by presenting an on-screen barcode at the point of sale using CVS Pay, the retailer’s own mobile payment service... More
US vending supplier to offer mobile payments
US consumers will soon be able to make mobile payments at vending machines belonging to American Food & Vending, by tapping their device against a Bluetooth Low Energy (BLE) plug-in dongle provided by digital payments enabler PayRange... More
British athletes at Rio 2016 sport NFC payment bands
All British athletes competing at the Rio 2016 Olympic Games are being given NFC payment bands that will allow them to make purchases by tapping their wrists against a contactless terminal. More
Samsung Pay on menu in US restaurants
Diners at 3,000 US restaurants with Ziosk pay-at-the-table tablets can now settle their bill using Samsung Pay... More
Mastercard sees US EMV growth
Eight out of ten Mastercard US consumer credit cards now include chips, representing an 88% increase in EMV adoption since the October 2015 liability shift... More
Starbucks’ Mobile Order & Pay on the rise across the US
Nearly 5% of total US transactions in coffee giant Starbucks locations are now made through the company’s Mobile Order & Pay service, representing close to 20% of all mobile payments in store. More
Spanish clothing retailer to roll out QR code payments
Customers at stores belonging to Spanish clothing company Inditex will soon be able to use their mobile phone to make in-store payments by scanning a QR code at the terminal via the company’s InWallet mobile payment service. More
Venmo enables in-app payments
Users of the PayPal-owned Venmo mobile payments app will soon be able to make purchases in third party mobile apps using the service... More
Apple Pay accounts for 75% of all contactless payments in the US
Apple Pay now accounts for three out of four contactless payments in the US and the estimated number of monthly users is up by more than 450% year-on-year, Apple CEO Tim Cook has revealed. More
Mobile-only bank goes live in Germany
Mobile network operator Telefónica Deutschland has launched a mobile-only bank in partnership with Fidor Bank in Germany. The service will allow peer-to-peer (P2P) transactions to be made using mobile phone numbers and will come with a Mastercard debit card for in-store and ATM transactions. More
LTA signs up Mastercard for account-based contactless ticketing in Singapore
Singapore’s Land Transport Authority (LTA) has signed a partnership agreement with Mastercard to begin piloting a new account-based ticketing system that will let commuters pay for their train and bus journeys using their existing contactless debit and credit cards. More
PayPal to roll out NFC mobile payments across the US through Visa deal
US consumers will soon be able to make NFC mobile payments using their PayPal mobile wallet at all physical locations across the country that currently accept Visa contactless transactions. More
Visa reports EMV uptake in the US
There were 326.8m chip cards in the US as of the end of June 2016, exceeding the number of people who live in the country, Visa has reported... More
Motorists rewarded for mobile payments at the pump
Motorists using the GC Express gas station in Caro, Michigan, are being offered a free coffee or drink whenever they pay for fuel purchases of US$10 or more with Team One Credit Union’s mobile banking app. More
More than half of Irish consumers now using contactless
More than half of Irish debit and credit card owners (54%) are using contactless payments when purchasing goods and services, research released by payment technology provider BOI Payment Acceptance (BOIPA) reveals, with the average contactless payment standing at €11.33. More
Square preparing for European launch
Mobile POS provider Square has incorporated a business called Squareup Europe in the UK, suggesting that the company could be setting itself up for its first European launch... More
Apple promotes Apple Pay with iTunes gift cards
UK and US consumers are being encouraged to sign up and use Apple Pay with a £5 or $5 iTunes gift card at Apple retail stores across both countries... More
Apple Pay launches in Hong Kong
Apple Pay has launched in Hong Kong with support from Mastercard, Visa and American Express. Participating banks include Bank of China (Hong Kong), DBS, Hang Seng Bank, HSBC and Standard Chartered, with support from The Bank of East Asia (BEA) and Tap&Go “coming soon”. More