Samsung Pay will launch in China, Spain and the UK in the first quarter of 2016, “as per the information that we’ve received,” SamMobile reports... More
Samsung Pay
Samsung Pay to be added to lower-end devices
Samsung is to add Samsung Pay NFC payments functionality and fingerprint scanners to its mid- and low-end handsets, Korea Herald reports... More
American Express unveils NFC, HCE and tokenization platform
American Express has launched Amex Enabled Digital Solution, a platform incorporating support for multiple digital wallets, contactless payments based on NFC and host card emulation (HCE), tokenization and express checkout services. The platform is designed to help both banks and merchants, Amex’s Mike Matan told NFC World. More
Bell ID updates HCE white paper
PARTNER NEWS: Bell ID’s Host Card Emulation: NFC’s Missing Link white paper, which has been downloaded more than 800 times from the NFC World+ Knowledge Centre since it was published in late 2014, has been updated to include an exploration of the tokenization process and an overview of prevailing deployment models for issuers... More
Samsung Pay offers $50 to new users
Samsung is offering a US$50 rebate to new users who add a card to Samsung Pay... More
86% of TMG clients to offer Samsung Pay and Android Pay
Nearly nine in ten (86%) financial institution clients of The Members Group (TMG) plan to make Samsung Pay and Android Pay available to their customers... More
Samsung Pay to add P2P payments?
Korean startup Hankook NFC has reportedly applied for a patent for a hardware module that would allow consumers to use Samsung Pay to transfer money between devices and pay with a credit card... More
Samsung Pay to roll out on non-Samsung devices?
Samsung has discussed the possibility of rolling out Samsung Pay to non-Samsung smartphones, Injong Rhee, executive VP and head of enterprise at Samsung’s mobile business, has told ZDNet... More
Trustev reports on US adoption rates for Apple Pay versus Android Pay and Samsung Pay
One in five US consumers (20%) with an iPhone that supports Apple Pay have tried the mobile payment service while 14% of those with a Samsung Galaxy S5 or S6 have tried Samsung Pay or Android Pay, research from Trustev reveals... More
Samsung Pay adds US card issuers and reports on consumer adoption
US payment network Discover, gift card provider Blackhawk Network and fourteen financial institutions are to add support for Samsung Pay in the coming months, Samsung has announced, and consumers that are using the service have made an average of eight transactions since its launch four weeks ago. More
Taiwanese banks to roll out hybrid HCE payments platform
Taiwan Mobile Payments Co (TWMP), the mobile payments TSM venture established in 2014 by three Taiwanese banking groups, has signed a deal with Mozido to provide its 27 member banks and financial institutions with a mobile wallet platform that offers support for both secure element and HCE cloud-based NFC payments... 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
One million Koreans sign up for Samsung Pay
The number of Koreans using Samsung Pay has doubled in the last month to one million and 100,000 payments are now being made using the service every day, Business Korea reports... More
Verizon goes live with Samsung Pay
Samsung Pay is now available to Verizon Wireless customers with a Galaxy S6, S6 Edge, S6 Edge+ or Note 5... More
Samsung responds to LoopPay hack
Samsung has responded to a New York Times report that claimed a hacking group affiliated with the Chinese government penetrated the corporate network of LoopPay, the inventor of Magnetic Secure Transmission (MST) technology that was acquired in February to form a core part of Samsung Pay... More
NYT reports on LoopPay breach
A hacking group affiliated with the Chinese government penetrated the corporate network of LoopPay, the inventor of the Magnetic Secure Transmission (MST) technology that was acquired in February 2015 to form a core part of Samsung Pay, the New York Times reports... More
Verizon agrees to support Samsung Pay
US mobile network operator Verizon Wireless has confirmed it will be adding support for Samsung Pay... More
Chevron to offer NFC mobile payments at the pump
Oil and gas company Chevron has teamed up with Visa to offer mobile payments at the pump at 20 locations in San Francisco and Silicon Valley from “later this fall”... More
Samsung Pay gets seven city US promo tour
Samsung is to run a seven city tour to promote the launch of Samsung Pay in the US... More
Rio Olympics to get NFC wristbands?
Visa has shown off a proof of concept NFC wristband in San Francisco, demonstrating how it could be used for making payments at the Rio 2016 Olympics next year... More