US retailer-owned mobile payments consortium MCX is to test its CurrentC mobile wallet in stores next month, Bloomberg reports, adding: “MCX expects to formally introduce the CurrentC app some time in the third quarter.” MCX unveiled the CurrentC brand in September 2014 and confirmed to NFC World it would launch in a “mid-sized market” in April... More
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25% of Brits to make NFC mobile payment this year
A quarter of British consumers (25%) expect to make an NFC mobile payment in the next year, research from MasterCard reveals... More
Apple Pay adds 35 US banks
Apple has added an additional 35 banks and credit unions to the list of US financial institutions that support Apple Pay... More
HP picks Carta for NFC mobile payments
PARTNER NEWS: Transaction technology provider Carta Worldwide has been selected to support the delivery of “tap-and-go” mobile payment services to HP customers in Europe, the Middle East, Africa, Asia Pacific and Canada. More
Apple Pay to hit 1.5m US locations by year end
Apple Pay is “on track” to be accepted at more than 1.5m locations across the US by the end of 2015, including at some 700 universities and colleges such as Auburn University, the University of California Irvine, Colorado State University, the University of Kentucky and the University of Oklahoma... More
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Half of UK consumers want to pay with contactless
Just under half of UK consumers (47%) either expect or would prefer businesses to offer contactless payments for transactions of less than £20, research conducted by GfK for Lloyds Bank Cardnet reveals. 12% think not enough retailers offer contactless and 9% suggest that the current £20 spending limit, which is due to increase to £30 in September, is too low. More
LivQuick raises $1.6m for mobile wallet
Mumbai-based LivQuik, the company behind mobile payment service QuikWallet, has raised US$1.6m from existing investor Snow Leopard Ventures to scale its team, technology and merchant base... More
Apple to show ads based on prepaid balance?
Apple could begin sending targeted advertising to users based on the amount of prepaid funds they have available, according to a newly published patent application... More
7-Eleven offers mobile payments in Taiwan
Customers of convenience store chain 7-Eleven in Taiwan can now make mobile payments using a mobile wallet provided by Pi Mobile Technology backed by a bank card supplied by CTBC Bank... More
Half of UK young adults pay with contactless each month
Nearly half of 25-34 year olds in the UK (44%) use contactless payments in an average month, research from YouGov and payment systems provider ACI Worldwide has revealed... More
Nearly half of US diners interested in mobile payments
Some 46% of US diners like the idea of using their mobile phone to pay in restaurants even though they have never done so, while of the 13% that have tried it over half liked the experience, research from restaurant booking service OpenTable finds... More
One in ten UK consumers experience Apple Pay issues
One in ten UK consumers using Apple Pay experienced issues when using the contactless payment service during its first week, research from social media company Brandwatch reveals... More
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Gemalto and InComm to deliver prepaid contactless cards to mobile devices
PARTNER NEWS: Digital security specialist Gemalto has partnered with prepaid card provider InComm to enable mobile wallet providers to offer prepaid NFC mobile payment services. More
Reserve Bank of India asked to increase mobile wallet limit
One97 Communications, owner of mobile payment platform Paytm, has asked Reserve Bank of India (RBI) to increase the limit on money that can be kept in a mobile wallet to Rs 25,000 (US$393) from Rs 10,000 (US$157)... More
Samsung Pay trial in Korea confirmed
Samsung has confirmed it began testing Samsung Pay with Korean credit card firm Samsung Card on July 15 for select customers in Korea... More
11% of UK consumers make in-store mobile payments
More than one in 10 (11%) of UK consumers have made an in-store mobile payment and 18% are interested in doing so, research from nVest Ventures reveals... More
Chevron pilots Apple Pay at the pump
Oil company Chevron is testing NFC mobile payments, including Apple Pay, for direct fuel pump sales at a service station in San Ramon, California... More
HSBC to support Apple Pay in two weeks
HSBC will add support for Apple Pay within the next two weeks, the bank has revealed... More
US shoppers eye mobile wallet availability
More than half of US shoppers (54%) would use a mobile wallet if it were accepted everywhere and 20% would stop carrying traditional wallets if mobile payments were accepted everywhere, research from Blackhawk Engagement Solutions reveals... More
Braintree supports UK launch of Apple Pay
PayPal-owned payment processor Braintree has announced its support for the UK launch of Apple Pay via its v.zero SDK that will allow merchants to add the mobile payments service as an online checkout option alongside PayPal, credit and debit cards... More