Mobile payments now account for 21% of all transactions in US Starbucks-owned stores... More
Retail
Blik signs up 1.3m Poles for mobile payments
Some 1.3m Polish consumers are now using Blik, the mobile payments service backed by six of the country’s banks that lets customers make in-store and online payments, withdraw cash from ATMs and send P2P transfers with their mobile phones... More
East London commuters get free bPay wristbands for tap-to-pay travel
Train operator c2c, which runs rail services for commuters across London, Southend and Essex, is offering a free Barclaycard bPay contactless payment wristband to 8,000 selected local rail passengers in East London and Thurrock to enable them to access cheaper rail travel by tapping to pay with their wrist. More
US consumers vote for banks to keep payments safe
An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found... More
RBC reports strong uptake for HCE wallet, adds support for digital receipts, loyalty and gift cards
The Royal Bank of Canada (RBC) has trebled its mobile wallet user base since moving from a SIM-based model to host card emulation (HCE) six weeks ago, the bank’s head of payments innovation has told NFC World... More
Alipay to offer QR payments in Taiwan
Alipay is to work with E... More
MCX expands CurrentC pilot
US retailer-led mobile wallet consortium MCX, which announced a deal earlier this week to support JP Morgan Chase’s new Chase Pay service, is expanding its Columbus, Ohio pilot to include 200 stores operated by “12 large retailers”... More
Best Buy discusses Apple Pay, MCX and Chase Pay support
US retail giant Best Buy has opened up about its experience with Apple Pay, its ongoing support for retailer-led consortium MCX’s CurrentC mobile payment service and its view on Chase Pay, the QR code-based service launched earlier this week... More
MCX merchants to accept Chase Pay mobile payments
JP Morgan Chase has unveiled Chase Pay, a “closed loop network with access to credit and debit customers” that leverages the bank’s 94m debit, credit and prepaid card accounts, uses QR codes for mobile payments and will be accepted by all members of the MCX retailer-led mobile payments consortium. More
Android Pay signs up “millions” of users, readies loyalty programs
Android Pay has signed up “millions” of users since its launch in the US in September 2015, Google’s Sridhar Ramaswamy has told attendees during his keynote at Money20/20. He also announced that single tap loyalty rewards are set to go live at NFC-enabled Coke vending machines in the next “few weeks”. More
MasterCard extends tokenization platform to clothing, accessories and wearable devices
MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More
Americans to spend $27bn via mobile payments in stores in 2016
The total value of mobile payment transactions in the US will grow 210% in 2016 and nearly one in five smartphone users will make a mobile payment in a store next year, eMarketer’s latest proximity mobile payments forecast predicts. More
Khosla predicts NFC will replace EMV cards in three to five years
EMV will become irrelevant in three to five years’ time and NFC will take over, Khosla Ventures founder Vinod Khosla has told attendees during a keynote at Money20/20... More
Four in ten Apple Pay users make a mobile payment once a week
More than seventy million US consumers (71.5m) have now made a mobile payment in a store or online, up from 61m in 2014, research by Mercator Advisory Group has found. Overall, 42% of all smartphone owners have made a mobile payment and half of those do so at least once a week. More
Seamless adds HCE to Seqr mobile wallet
Customers using Seamless’ Seqr mobile payment solution will soon be able to make host card emulation (HCE) based NFC payments at any contactless terminal through the service’s integration with white label wallet provider MeaWallet... More
Meet NFC World’s partners at Money20/20
NFC World partners Bell ID, SimplyTapp, Carta Worldwide, Mahindra Comviva, Kona and Gemalto will be exhibiting at the Money2020 expo in Las Vegas from October 25-28... More
Payworks to enable chip and PIN for Stripe in UK
POS payment platform provider Payworks is to enable Stripe users to accept payments via chip and PIN card readers in the UK... More
Mobile to account for 20% of US POS payments by 2020
US consumers will use their smartphones to make mobile payments at the point of sale five times a week by 2018 and, by 2020, 20% of POS transaction volume will be conducted via mobile devices, research from Carlisle & Gallagher Consulting Group reveals... More
Microsoft to launch mobile payments?
Microsoft is looking to relaunch Windows Wallet, a mobile payments app that stores credit cards and coupons for in-store and online payments through Windows devices, Microsoft’s Joe Belfiore has told The Verge... More
AMS unveils NFC chip and antenna for adding payments and ticketing to wearable devices
PARTNER NEWS: Chip maker AMS has introduced an NFC payments and ticketing solution for manufacturers of smartwatches, wristbands and other small devices that only have room for an extremely small antenna... More