EMVCo has introduced a formal industry testing and certification process for contactless mobile payment devices... More
Archive: Newswire
Most Brits want contactless payments on familiar wearables
More than two thirds of UK consumers (67%) who use contactless payments would prefer the function to be added to something they already own or wear, rather than purchase a brand new wearable payment device. More
Kona unveils Kona Money for digital gift cards and mobile payments
PARTNER NEWS: South Korean smart card provider Kona has unveiled Kona Money, a mobile payment service that integrates gift cards and allows for purchases to be made at the point of sale using NFC, QR code or barcode scanning... More
Xiaomi unveils Mi Pay NFC mobile payments in China
Chinese smartphone maker Xiaomi has unveiled Mi Pay, an NFC-based mobile payment service expected to be made available on the Xiaomi Mi 5 handset with support from a number of the country’s banks. More
Three quarters of US retailers plan to accept Apple Pay before 2018
More than three quarters of US retailers (76%) plan to accept Apple Pay by the end of 2017, research released by the National Retail Federation and Forrester reveals. More
Researchers develop NFC on-skin electronics
A group of students from MIT Media Lab have teamed up with Microsoft Research to develop interactive and customizable on-skin electronics equipped with an NFC chip for transferring information to a mobile device... More
Taiwanese banks launch HCE payments
A total of 14 banks within the Taiwan Mobile Payment Co (TWMP) have begun rolling out host card emulation (HCE) based mobile payment services, utilizing technology from Mozido. More
US pharmacy chain launches barcode payments
Customers at US pharmacy chain CVS can now make purchases by presenting an on-screen barcode at the point of sale using CVS Pay, the retailer’s own mobile payment service... More
British athletes at Rio 2016 sport NFC payment bands
All British athletes competing at the Rio 2016 Olympic Games are being given NFC payment bands that will allow them to make purchases by tapping their wrists against a contactless terminal. More
Wristbands speed Olympic visitors onto Rio transport
PARTNER NEWS: Visitors to the Rio 2016 Olympic and Paralympic Games are paying for journeys on buses, ferries and trains across the city with NFC wristbands provided by digital security giant Gemalto and public transportation ticketing operator RioCard. More
Apple says Australian banks’ plans would “diminish” security
Apple is urging the Australian Competition and Consumer Commission to reject a request from a group of the country’s banks to “collectively negotiate” with third party mobile wallet providers over the introduction of mobile payment services. More
Samsung Pay to get iris authentication with Galaxy Note 7
Samsung Pay users will soon be able to secure purchases by scanning their eyes with the Galaxy Note 7, the latest addition to the Korean phone-maker’s pen-oriented line up. More
Starbucks’ Mobile Order & Pay on the rise across the US
Nearly 5% of total US transactions in coffee giant Starbucks locations are now made through the company’s Mobile Order & Pay service, representing close to 20% of all mobile payments in store. More
AMS sells NFC and RFID reader business to STMicroelectronics
PARTNER NEWS: Chip maker AMS has sold its NFC and RFID reader product lines to STMicroelectronics. AMS will continue to retain ownership of its NFC/RFID tag business, including the AS3955 NFC interface chip (NFiC) which AMS unveiled in May 2015. More
Spanish clothing retailer to roll out QR code payments
Customers at stores belonging to Spanish clothing company Inditex will soon be able to use their mobile phone to make in-store payments by scanning a QR code at the terminal via the company’s InWallet mobile payment service. More
US and UK consumers warm to mobile payments, loyalty and coupons
The majority of US and UK consumers (54%) have now used a mobile wallet, research from Urban Airship reveals, with 30% of respondents using them in the past week. More
South Africans to get biometric authentication for card payments
The Payments Association of South Africa (PASA) has unveiled a new standardised specification to facilitate biometric authentication on payment cards. More
Apple Pay accounts for 75% of all contactless payments in the US
Apple Pay now accounts for three out of four contactless payments in the US and the estimated number of monthly users is up by more than 450% year-on-year, Apple CEO Tim Cook has revealed. More
Australian banks seek stronger negotiating powers with third party mobile wallet providers
A group of Australian banks have submitted an application to the Australian Competition and Consumer Commission (ACCC), urging for the right to ensure they are able to “collectively negotiate” with third party mobile wallet providers. More
Mobile-only bank goes live in Germany
Mobile network operator Telefónica Deutschland has launched a mobile-only bank in partnership with Fidor Bank in Germany. The service will allow peer-to-peer (P2P) transactions to be made using mobile phone numbers and will come with a Mastercard debit card for in-store and ATM transactions. More