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Archive: Payments

Bendigo Bank launches QR code mobile payments in Australia

June 12th, 2014

Australia’s Bendigo Bank has partnered with Samsung to rollout Redy, a mobile payments service that lets shoppers make payments and receive rewards by scanning a QR code generated by a merchant’s tablet-based POS terminal. The… More

EE takes NFC to Glastonbury

June 12th, 2014

UK mobile network operator EE is working with the organisers of the Glastonbury Festival to make contactless payments available at 25 of the music event’s bars later this month. EE customers with an Android NFC phone will be able to use the carrier’s Cash on Tap service to pay for their drinks with their mobile phone.

Alibaba launches mobile payments and services platform

June 12th, 2014

Chinese ecommerce giant Alibaba has unveiled Mashang Tao, a new platform that lets brands and merchants create QR codes that can be used to make purchases in stores, online and from printed advertisements, as well as… More

PrePay Solutions to offer HCE payments

June 12th, 2014

PrePay Solutions (PPS), a prepaid card program manager jointly owned by MasterCard and Edenred, has partnered with NFC specialist Proxama to provide its clients the ability to offer host card emulation-based NFC services to their… More

Barclaycard to introduce contactless payment wristbands

June 11th, 2014

Barclaycard is to make contactless payment wristbands available to anyone with a UK bank account or credit card next year. The reloadable bPay Bands will be offered free of charge with no usage fees and… More

PayPal CEO joins Facebook as head of messaging products

June 10th, 2014

PayPal CEO David Marcus is leaving the online payments provider at the end of June to take up a new role at Facebook, as vice president of messaging products — prompting speculation that he will oversee… More

Toys ‘R’ Us reports on Isis transactions

June 10th, 2014

Toy retailing giant Toys ‘R’ Us has revealed it has seen 23,000 individual transactions conducted using Isis in the three months since it began accepting the NFC payments service. The company is “very happy” with the service, Gregory Todd, the merchant’s senior analyst for credit card programs, told attendees at the 2014 NFC Solutions Summit. Isis recently announced that it is now seeing 20,000 wallet activations a day.

Toronto restaurants offer mobile payments

June 10th, 2014

Twenty upmarket restaurants in Toronto have signed up for mobile payments service Tab. “Users download a free app, set up a profile, and plug in their payment information,” The Globe and Mail reports. “If they’re eating at a participating restaurant, they start the meal by checking into the establishment — the app pops up a list, geolocated to the closest participating institution. And that’s it — at the end of the meal, the app picks up the tab.”

Affirm updates credit scoring

June 10th, 2014

PayPal co-founder Max Levchin has raised US$45m for Affirm, a startup that lets retailers offer a credit option to online shoppers. The company “calculates the risk of borrowers based on a range of personal data including information gleaned from social media profiles as well as the cost of the items being purchased,” the Wall Street Journal reports. “It then determines what rate and structured payment makes sense to offer the customer.”

Aite reports on US migration to EMV

June 10th, 2014

Some 70% of US credit cards and 41% of debit cards will be EMV enabled by the end of 2015, according to a new Aite Group report, but the majority will be contact cards rather… More

Bell ID and Aditium win awards

June 10th, 2014

Bell ID and Spanish ticketing specialist Aditium have picked up awards at a live pitch contest to identify ‘the next big thing’ in proximity. After a series of five-minute presentations, Bell ID’s Secure Element in the Cloud solution was chosen by a judging panel, while Aditium’s HCE-based Ticktrack ticketing solution won an audience vote. The contest was held as part of the NFCP Global Summit in London last week.

Digicash raises €2.2m to expand NFC, QR and BLE payments platform

June 9th, 2014

Luxembourg-based Digicash Payments has raised €2.2m to expand its mobile payments platform on a “national and on an international level.” The service supports transactions via NFC, QR and Bluetooth Low Energy (BLE) and has been… More

NICE rolls out Masabi mobile ticketing and payments in Nassau County

June 6th, 2014

Veolia Transportation is rolling out a mobile ticketing and payment service on the NICE bus and paratransit system in New York’s Nassau County, in partnership with mobile ticketing and payment provider Masabi. The roll out… More

iOS 8 to “read” credit cards

June 6th, 2014

Apple has included a new feature in iOS 8 that will allow shoppers to enter their payment details on an mcommerce site by simply scanning their credit card with the camera on their mobile device, 9to5Mac reports. iOS 8 will also leverage a range of device sensors to provide apps with precise indoor positioning data, the publication has discovered.

Square adds invoices

June 6th, 2014

Square has added invoicing to its Register service, allowing sellers to “get paid fast with free unlimited invoices and no monthly service fee”. Sellers can now accept payments in person, online in Square Market and through the new Square Invoices feature all “for the same low 2.75% transaction price”.

CardFlight to add Touch ID to mPOS

June 5th, 2014

US mPOS provider CardFlight is to make use of Apple’s new Touch ID API to provide an extra level of security to merchants using its SwipeSimple service with an Apple iPhone. “Merchants will have the option to log in to their mobile payment application via scanning their fingerprint using Touch ID, rather than entering the traditional email address and password,” the company says.

iKaaz takes mobile payments to Kenya

June 5th, 2014

Bangalore-based iKaaz is to expand its NFC payments platform to Kenya. Following its introduction to Nigeria earlier this year, the mobile payments provider has joined with Kenya’s Family Bank and local partner Edge financial systems to provide customers with Tap & Pay options in both retail and transport.

Edgetech to offer acoustic mobile payments in Zimbabwe

June 5th, 2014

Zimbabwe-based banking solutions provider Edgetech Solutions is preparing to launch a new mobile payment service that uses sound-based communication technology from NearBytes to let people make payments in stores with their phones. When launched, the Edgepay solution… More

Starbucks Korea lets customers place orders with their mobile phone, more countries to follow

June 4th, 2014

Starbucks customers in South Korea have become the first to be able to place their order at the coffee shop chain using their mobile phone. The new service is integrated with Starbucks Coffee Korea’s mobile… More

Tesco-backed coffee chain Harris+Hoole introduces mobile payments

June 3rd, 2014

Tesco-backed coffee chain Harris+Hoole has updated its mobile app to enable customers to order and pay at any of its 36 outlets without having to touch, tap or scan at a counter. Customers download the… More

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