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    NFC

    29 April 2016 • By Rian Boden • Last updated 29 April 2016, 14:19

    PayPal CEO announces NFC payments expansion

    PayPal

    Vodafone Wallet with PayPal NFC-enabled payments is now live in Spain and is expected to be made available across Europe throughout the “back half of 2016”, PayPal CEO Dan Schulman revealed during the company’s Q1 earnings call.

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    NFC

    28 April 2016 • By Rian Boden • Last updated 28 April 2016, 12:22

    Australia’s ANZ adds support for Apple Pay

    Customers of Australia’s ANZ bank can now make payments using Apple Pay with either an ANZ Visa debit or credit card or an ANZ American Express credit card. The bank is the first of the country’s big four to add support for the mobile payment service.

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    27 April 2016 • By Rian Boden • Last updated 27 April 2016, 14:55

    A quarter of Brits have made an in-store mobile payment

    Almost a quarter of UK adults (24%) have used their mobile phone to make an in-store mobile payment and 12% do so on a regular basis, the Prepaid International Forum (PIF) reports. 49% of 18 to 24 year olds have used mobile payments, while 12% of over 55s and 5% of over 65s have done so.

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    NFC

    27 April 2016 • By Rian Boden • Last updated 27 April 2016, 11:09

    Adidas builds NFC into racing suits for FIA authentication

    Adidas has developed a connected race suit that comes equipped with an NFC chip to confirm whether or not the product complies with current Fédération Internationale de l'Automobile (FIA) regulations.

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    26 April 2016 • By Rian Boden • Last updated 26 April 2016, 15:35

    Three quarters of Brits expect to be cash-free by 2021

    Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years.

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    Partner news NFC

    26 April 2016 • By Rian Boden • Last updated 26 April 2016, 13:57

    Tutuka to roll out cloud-based payments with Proxama

    PARTNER NEWS: Prepaid card processor Tutuka has begun the implementation of digital payment solutions provider Proxama’s Digital Enablement Platform (DEP) for a fully independent cloud-based payment (CBP) solution in the Middle East, Asia and Africa.

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    NFC

    26 April 2016 • By Rian Boden • Last updated 26 April 2016, 13:13

    NFC SIM shipment remains static in 2015 due to Softcard closure

    The global number of NFC SIM card shipments remained static during 2015 following the closure of the Softcard mobile wallet in the US last year, the SIMalliance has revealed, despite reporting significant NFC SIM growth across Asia and Europe.

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    25 April 2016 • By Rian Boden • Last updated 25 April 2016, 14:53

    Nearly one in four payments at US Starbucks made via mobile

    Mobile payments now account for 24% of all transactions across Starbucks’ US locations, the company’s president and COO Kevin Johnson has revealed, with an average of 8m transactions per month taking place through the coffee chain's Mobile Order & Pay service.

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    NFC

    21 April 2016 • By Rian Boden • Last updated 21 April 2016, 14:52

    Fibank launches HCE in Bulgaria

    Customers of First Investment Bank (Fibank) of Bulgaria can now make host card emulation (HCE) based payments through its mobile banking app using a digital card supplied by MasterCard.

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    NFC

    21 April 2016 • By Rian Boden • Last updated 21 April 2016, 13:07

    Micromax to launch NFC mobile payments with TranServ and Visa

    Handset maker Micromax will soon begin offering its customers in India an NFC mobile payment service through a collaboration with Visa and payment solutions provider TranServ.

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    News in brief

    SumUp and Payleven merge

    By Rian Boden • 29 April 2016, 14:45 • Last updated 29 April 2016, 14:45

    UK mobile payment companies SumUp and Payleven have announced that they are to merge and operate as one company under the SumUp name. “By joining forces, the combined company will be perfectly positioned to leverage both SumUp’s proprietary end-to-end hardware and payment platform and Payleven’s leading merchant acquisition capabilities to accelerate growth in a very dynamic market,” SumUp says. “Existing merchants are not affected by the transaction.”

    Payback to add NFC payments to mobile app

    By Rian Boden • 29 April 2016, 14:31 • Last updated 29 April 2016, 14:31

    German loyalty program Payback is to launch a new app in May that will include loyalty points, coupons and NFC mobile payments. “The points via smartphone [function] should be possible at the big Payback partners in a pilot phase in June,” Handelsblatt reports. “The payment function will be based on a QR code and NFC technology. The amount due will be paid by direct debit.”

    Deutsche Bank to launch NFC payments in Q3

    By Rian Boden • 28 April 2016, 13:57 • Last updated 28 April 2016, 13:57

    Customers of Deutsche Bank will be able to make NFC mobile payments using the version of its mobile banking app that will become available for Android in the third quarter of this year. “Contactless payment at the point of sale based on NFC is scheduled to become available when the Android version of the app is released,” the bank says. Deutsche Bank ran a trial in December 2015 of technology that verified the identity of their customers by the way they handle and hold their mobile device.

    Gemalto named as leading mobile ticketing vendor

    By Rian Boden • 28 April 2016, 13:36 • Last updated 28 April 2016, 13:36

    PARTNER NEWS: Digital security giant Gemalto has been awarded the “leading position among mobile ticketing vendors” by Juniper Research for the second consecutive year. Two additional market research companies, ABI Research and IHS, published independent reports that ranked Gemalto as the world’s number one innovator in the transportation market in December 2015.

    MasterCard to reduce EMV checkout time

    By Rian Boden • 28 April 2016, 13:13 • Last updated 28 April 2016, 13:13

    MasterCard has unveiled M/Chip Fast, a technology advancement designed to help speed up EMV transactions at the checkout. “A shopper inserts his or her card into an M/Chip Fast-enabled terminal,” the company explains. “M/Chip Fast provides counterfeit fraud protection by creating a unique code for each transaction. Once the code is generated, the card can be removed from the reader.” The announcement follows the unveiling of Visa’s Quick Chip for EMV service.

    Samsung Pay goes live at Woori Bank ATMs

    By Rian Boden • 28 April 2016, 12:47 • Last updated 28 April 2016, 12:47

    Samsung Pay has enabled ATM withdrawals for customers of Woori Bank in South Korea, the company confirmed at the Samsung Developer Conference 2016. “Samsung said it hasn’t yet announced the feature for other markets,” CNET reports. “Samsung also added support in South Korea for gift cards and for membership cards.” Plans to enable Samsung Pay at Woori Bank ATMs were first unveiled in September 2015.

    Tangerine adds biometrics to mobile banking app

    By Rian Boden • 27 April 2016, 13:52 • Last updated 27 April 2016, 13:53

    Customers of Canada’s Tangerine Bank can now log into its mobile banking app for iOS by authenticating themselves with their iris or voice. The bank is using technology supplied by EyeVerify and Nuance’s VocalPassword for the service, which will be supported on the Android platform in the coming months.

    Samsung Pay to launch in Australia “very soon”

    By Rian Boden • 27 April 2016, 11:58 • Last updated 27 April 2016, 11:58

    American Express is gearing up to support the launch of Samsung Pay in Australia “very soon”, American Express Australia’s director of digital commerce Rob Bourne has revealed. “We’re not done with just Apple Pay,” ZDNet reported Bourne as saying at the ADMA Data Day in Sydney. “Our view is very simple — we want to give our customers the choice of how they want to pay.”

    More than half of payment cards shipped in 2015 were contactless

    By Rian Boden • 27 April 2016, 11:41 • Last updated 27 April 2016, 11:41

    Contactless technology was built into 56% of all smart cards shipped globally excluding the Americas in 2015, up from 42% in 2014, the Smart Payment Association reports. “53% of all cards shipped in Europe were contactless, while in the Asia Pacific region, an impressive 74% of cards featured contactless technologies,” says the association. Approximately 2.6bn chip payment cards were shipped around the world last year, with 570m shipped to the US — a two-fold increase on 2014 — and a 27% growth in shipments in China.

    Apple Pay gets 1m new users every week

    By Rian Boden • 27 April 2016, 11:25 • Last updated 27 April 2016, 11:25

    Apple Pay is now signing up 1m new users per week, Apple CEO Tim Cook revealed during the company’s second quarter earnings call. “Apple Pay is growing at a tremendous rate with more than five times the transaction volume of a year ago and 1m new users per week,” Cook told investors. “More expansion of Apple Pay is coming soon.” The mobile payment service is currently live in the US, UK, Canada, Australia, China and Singapore.

    More news in brief...


    May 3rd, 2016

    This week's news

    1. SumUp and Payleven merge
    2. Payback to add NFC payments to mobile app
    3. PayPal CEO announces NFC payments expansion
    4. Deutsche Bank to launch NFC payments in Q3
    5. Gemalto named as leading mobile ticketing vendor
    6. MasterCard to reduce EMV checkout time
    7. Samsung Pay goes live at Woori Bank ATMs
    8. Australia’s ANZ adds support for Apple Pay
    9. A quarter of Brits have made an in-store mobile payment
    10. Tangerine adds biometrics to mobile banking app
    11. Samsung Pay to launch in Australia “very soon”
    12. More than half of payment cards shipped in 2015 were contactless
    13. Apple Pay gets 1m new users every week
    14. Adidas builds NFC into racing suits for FIA authentication
    15. IoT security spending to reach $348m this year
    16. Three quarters of Brits expect to be cash-free by 2021
    17. European spend on payments technology to rise
    18. Emirates Islamic takes banking to Twitter
    19. Tutuka to roll out cloud-based payments with Proxama
    20. NFC SIM shipment remains static in 2015 due to Softcard closure
     
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