Friday 29 August 2014 | RSS

 
Feedback
 

Archive: Payments

IBM partners with Monitise

July 21st, 2014

IBM and Monitise have formed a strategic alliance designed to help financial institutions deliver cloud-based mobile banking, payments and commerce solutions to their customers. “The combination of our capabilities with Monitise will provide value to our clients, enhance the customer experience and drive business growth,” says IBM senior vice president Steve Mills.

Nintendo adds NFC payments

July 21st, 2014

Nintendo Wii U users in Japan can now use the NFC interface built into their GamePad controller to purchase games with a Suica contactless payment card. The plan to offer contactless payments was detailed by Nintendo president Satoru Iwata in May this year. Gamers that use the service will receive Suica loyalty rewards at the rate of one point for every ¥200 they spend.

Four in ten mobile wallet users choose mobile as primary mode of payment

July 21st, 2014

While convincing consumers to make use of a mobile wallet remains an issue for many providers, shoppers that do convert to mobile payments make extensive use of the technology, Nielsen’s Q2 2014 Mobile Wallet Report… More

CU Wallet signs up 65 credit unions for QR mobile payments

July 21st, 2014

CU Wallet, a mobile payments platform developed for US credit unions and majority owned by its cooperative members, has been adopted by 65 credit unions with a combined total of more than seven million customers,… More

Barclays reports Pingit stats

July 18th, 2014

Barclays’ Pingit P2P payments service has been used to send £540million since the launch of the service in February 2012, the bank has revealed, and the app has been downloaded 3m times. One in four UK Pingit users are based in London and users in the capital sent more than £60m via Pingit in the first six months of 2014.

Snapchat to add payments?

July 18th, 2014

Messaging app Snapchat has applied to extend its trademark into two classes relating to payments, Techcrunch reports. Trademark #86335306 covers “computer application software for processing electronic payments to and from others that may be downloaded from a global computer network” while trademark #86335307 applies to “electronic transfer of money for others; providing electronic processing of electronic funds transfer, ACH, credit card, debit card, electronic check and electronic, mobile and online payments”.

PosteMobile to roll out NFC

July 18th, 2014

PosteMobile, the mobile network provider owned by the Italian postal service, has signed an MVNO agreement with carrier Wind that will see the company extending NFC payments capabilities to all its three million customers. PosteMobile customers in Rome, Turin and Milan have been able to make NFC payments since 2013.

Taiwanese carriers and transit card provider to launch NFC TSM this year

July 18th, 2014

The TSM service for NFC payments being built by a joint venture between five Taiwanese carriers and prepaid card provider Easycard is to go live by the end of 2014, the partners have announced. A… More

Apple Japan adds digital gift card

July 17th, 2014

Apple has introduced a digital version of the iTunes gift card in Japan that replaces the need for customers to buy a physical card. “To substitute for a physical gift card, iTunes Pass installs a new pass inside of the iOS Passbook application,” 9to5Mac reports.

Google Wallet adds support for gift cards and P2P payments

July 17th, 2014

Google Wallet users can now store gift cards on their mobile phone and redeem them electronically in stores. Users can also send money requests to friends, make debit card payments free of charge and access… More

Base launches NFC payments and coupons in Germany

July 17th, 2014

German customers of mobile network operator Base, part of the E-Plus group, can now make payments, store membership cards and redeem coupons with their NFC phone. Giesecke & Devrient is providing Base with the SkySIM… More

Visa Inc abandons digital wallet ambitions, Visa Europe to continue investing

July 17th, 2014

Visa Inc is replacing its V.me digital wallet service with Visa Checkout, a new payment service that enables consumers in the US, Canada and Australia to pay for goods online, on any device, in “just… More

Alpha Bank launches NFC in Greece

July 15th, 2014

Greece’s Alpha Bank has officially launched its Tap n Pay NFC mobile payment service. The move follows successful pilots which began in February this year. The service works with a Vodafone SIM card that stores Alpha Bank-issued Visa cards and can be used to make payments at any of the 5,500 contactless POS terminals in Greece.

Australian supermarket chain launches mobile wallet that works with NFC stickers

July 15th, 2014

Australian supermarket chain Coles has launched the Coles Mobile Wallet, an iOS and Android app that works in conjunction with an NFC sticker to provide customers with a way to make mobile payments, manage their… More

IDATE forecasts NFC phones and payments volumes

July 15th, 2014

Twenty-eight million consumers will use their NFC phone to make a mobile payment in 2014, a new forecast by IDATE reveals, and the value of transactions conducted via NFC will rise from an estimated €4.6 billion… More

Australian credit union launches HCE payments

July 14th, 2014

CUA, Australia’s largest customer-owned financial institution, has become the first in the Asia Pacific region to launch an NFC payments service that makes use of host card emulation (HCE) technology. To use the new redi2PAY… More

Singapore ups contactless spending

July 11th, 2014

Singapore’s United Overseas Bank has reported a more than three-fold increase in contactless card transactions in the year to April 2014, with more than 500 contactless purchases now being made each day. Nine out of 10 contactless payments are for everyday items such as groceries, dining and pharmacy purchases, while the most frequent users of contactless cards are professionals and executives aged 30 to 45.

PayPal pays next day

July 11th, 2014

PayPal is piloting Next-Day Settlement (NDS), a new service that cuts the time taken for transfers between a merchant’s PayPal account and their bank account from the usual three or four days to 24 hours. “We’ve been working with our banking partners to optimize processes on both their end and ours so that we can make the 24-hour transfer a reality,” PayPal says.

China UnionPay to offer QR payments?

July 11th, 2014

China UnionPay is developing a QR code-based mobile payment service that will provide a way to make both online and offline mobile payments, according to Marbridge Consulting. The company, which has been heavily involved in the rollout of NFC payments in China, is now in discussions with banks regarding promotional activities for the new service, the report says.

Seqr heads to UK

July 10th, 2014

Swedish firm Seamless, developer of the NFC and QR-based Seqr mobile payments service, has signed deals with Optimal Payments and Contis Group to bring the solution to the UK. Last week, Seamless signed a deal with Incomm to take Seqr to the US market.

Page 3 of 8612345...102030...Last »