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    Author archive: Sarah Clark

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    Priorbank launches HCE payments in Belarus

    April 11th, 2016

    Customers of Priorbank in Belarus can now make mobile payments using a new HCE service that supports MasterCard and will be extended to include Visa cards later this year. “The bank plans to implement the mobile issuing service for both debit and credit cards,” says technology provider OpenWay. “Each transaction over 200,000 Belarusian rubles (about US$10) is confirmed by PIN.”

    Amazon expands its payments business

    April 5th, 2016

    Amazon has launched the Amazon Payments Partner Program, a new service designed to enable ecommerce platform providers and developers to offer merchants Amazon Payments, which allows customers to log in and pay using their account with the online retail giant. “The program is free to participate in and available by invitation in the US, Germany, UK and Japan,” Amazon says.

    Tesco rolls out PayQwiq mobile payments to 524 stores

    April 5th, 2016

    UK supermarket giant Tesco’s PayQwiq mobile payments service, which lets customers pay using an Android or Apple phone by snapping an image of a QR code located at each checkout, is now live in 524 of the retailer’s stores in London and Edinburgh. Customers with a Tesco Clubcard automatically get reward points when they pay with PayQwiq, the retailer says, making checkout quicker for loyalty cardholders than paying via either contactless or chip and pin. The service has been on trial since September 2014.

    Barclays goes live with Apple Pay in the UK

    April 5th, 2016

    Barclays bank debit cardholders and Barclaycard credit cardholders can now use Apple Pay to make mobile payments, nine months after the service launched in the UK without the participation of the ‘big four’ bank. “The… More

    MasterCard reports on tokenization in Europe

    April 5th, 2016

    MasterCard is working on more than 60 projects involving its MDES tokenization platform in Europe, the payments network has revealed. “Today card issuers and wallet service providers have MDES projects in progress in 18 countries across Europe,” MasterCard says, and the service is currently being used to connect banks “representing more than 70% of UK account holders” to Apple Pay.

    Apple unveils iPhone SE with Apple Pay and Touch ID

    March 21st, 2016

    Apple has announced a new, entry level iPhone that includes “an NFC radio and a secure element”, a Touch ID fingerprint sensor and support for Apple Pay. The 4-inch iPhone SE comes with Apple’s latest A9 processor and M9 motion coprocessor, making it as powerful as the iPhone 6S, and features a 12-megapixel camera. The iPhone SE will begin shipping on 31 March.

    NFC Forum adds cloud-based connectivity to P2P spec

    March 18th, 2016

    The NFC Forum has added the ability to use the cloud to establish connections between two NFC devices in a new candidate version of Connection Handover, the technical specification that covers the way in which… More

    MasterCard reports 150% increase in contactless transactions in Europe

    February 17th, 2016

    More than one billion contactless MasterCard and Maestro transactions were processed in Europe in 2015, up 150% on 2014, MasterCard reports. The value of transactions conducted using a contactless card or device increased by 183%…. More

    US transit association to collaborate with NFC Forum

    February 17th, 2016

    The American Public Transportation Association (APTA) is to work with the NFC Forum to “jointly educate the industry on near field communication (NFC) technologies supporting the needs of public transportation operators”. APTA has 1,500 members from all sectors of the public transportation market including bus, subway and railway operators.

    ICBC confirms Apple Pay launch date in China

    February 17th, 2016

    Customers of Industrial and Commercial Bank of China (ICBC) will be able to use Apple Pay from 18 February, the bank has confirmed in a series of tweets reported by Reuters. China Guangfa Bank and China Construction Bank are also expected to offer the service to customers from launch.

    Wi-Fi Alliance polishes HaLow for IoT connectivity

    January 6th, 2016

    The Wi-Fi Alliance is extending its support for the internet of things (IoT) market with a new brand name for products incorporating low power, long range IEEE 802.11ah technology. “Wi-Fi HaLow extends Wi-Fi into the 900 MHz band, enabling the low power connectivity necessary for applications including sensors and wearables,” the organization says. “Wi-Fi HaLow will enable a variety of new power-efficient use cases in the smart home, connected car, and digital healthcare, as well as industrial, retail, agriculture, and smart city environments.”

    SBI to launch feature phone wallet

    November 16th, 2015

    State Bank of India (SBI) is to launch Batua, a mobile wallet service that works on feature phones, The Economic Times reports. “The bank is also planning to launch another version of Batua for very basic phones which does not offer internet access and does not entail downloading any app.” SBI is one of six banks currently testing a mobile payments service developed by Visa in Bangalore.

    US consumers vote for banks to keep payments safe

    October 30th, 2015

    An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found. 4% most trust alternative payment providers such as PayPal and Venmo while only 1% most trust major retailers or telecom companies. 6% of US consumers have used a mobile app to make a payment, the survey found, with PayPal most popular (45%) followed by Apple Pay (42%) and Google Wallet (11%).

    Alipay to offer QR payments in Taiwan

    October 29th, 2015

    Alipay is to work with E. Sun Commercial Bank to launch a QR-based mobile payment service in Taiwan, Xinhau reports. “More than 3,000 convenience stores, shopping malls and other shops frequented by mainland tourists will offer the payment service” by the end of 2015.

    MCX expands CurrentC pilot

    October 29th, 2015

    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”. “MCX may expand the test gradually to other states in the first quarter of next year,” CEO Brian Mooney has told Reuters. “Customers who have used the product are using it more than once a week,” Mooney said.

    Apple Pay to launch in Australia, Canada, Spain, Hong Kong and Singapore

    October 27th, 2015

    Apple Pay is to go live in Australia and Canada this year and in Spain, Singapore and Hong Kong in 2016, Apple CEO Tim Cook has revealed during the iPhone maker’s latest earnings call. American… More

    Samsung Pay adds US card issuers and reports on consumer adoption

    October 27th, 2015

    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

    Americans to spend $27bn via mobile payments in stores in 2016

    October 26th, 2015

    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

    October 26th, 2015

    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. “Cumulative payments exceeded 100 billion won (US$88 million). Likewise, daily average payments increased from approximately 800 million won (US$705,192) to over 2 billion won (US$1.8 million) between the early stage of the service and recent days.”

    Four in ten Apple Pay users make a mobile payment once a week

    October 26th, 2015

    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

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