Canada’s TD Bank Group has added support for host card emulation (HCE) based mobile payments to the TD Mobile Payment application that it launched in May 2014. The service is the first in Canada to make use of Visa’s tokenization technology, the bank says. More
Archive: Newswire
Frost & Sullivan predicts surge in mobile wallet adoption
The number of active mobile wallet users will rise from 409m in 2015 to 1,722m in 2023, research from Frost & Sullivan predicts, while mobile payment transaction values will increase from €289.02bn (US$315.39bn) in 2014 to €1,516.70bn (US$1615.1bn) in 2020, representing a compound annual growth rate (CAGR) of 31.8%... More
Polish bank brings HCE payments to Windows 10 devices
Customers of Poland’s Bank Pekao with a Windows 10 Mobile device can now use the bank’s PeoPay host card emulation (HCE) based mobile payment service to make transactions at any contactless terminal... More
NFC and the IoT webinar — See it now on NFC World
NFC World’s ‘NFC and the IoT: How NFC can bring plug-and-play simplicity to smart homes and the Internet of Things’ webinar is now available to view online... More
Google pilots hands-free payments in San Francisco
Shoppers in San Francisco’s South Bay area are being invited to take part in a pilot test of Hands Free, a payment service developed by Google that uses a combination of Bluetooth Low Energy (BLE), Wi-Fi and location services to let consumers make in-store payments without taking their mobile phone out of their pocket. More
Swiss P2P payments service moves in-store with QR codes
Shoppers in Switzerland can now make in-store mobile payments using Paymit, the P2P transfer service established by the country’s financial infrastructure operator SIX and telecommunications provider Swisscom... More
LTA to test account-based contactless ticketing in Singapore
Commuters in Singapore will be piloting a new ticketing system in the fourth quarter of this year that will let them use their contactless debit or credit cards for fare payments across Land Transport Authority (LTA) services, with the fare being charged to their credit or debit card accounts... More
McDonald’s turns Happy Meal boxes into virtual reality goggles
Diners at McDonald’s restaurants in Sweden can now turn their Happy Meal boxes into a set of virtual reality goggles and play a skiing game endorsed by the Swedish National Ski Team using their smartphone. More
Generation Z leads the way in US mobile payments adoption
US consumers aged between 18 and 24 are by far the most likely to make a payment while using their mobile phone, research from GfK shows, with more than half (53%) having made a mobile payment while using the internet in the past six months... More
Barclaycard reports increase in UK contactless spending
Contactless spending by Barclaycard’s UK customers in pubs and bars, pharmacies, supermarkets and on commuter transport increased 164% in 2015, the company has revealed. More
Contactless spending in the UK topped £7.75bn in 2015
UK spending on contactless cards rose more than threefold in 2015 to reach £7.75bn (US$10.8bn), research from The UK Cards Association reveals, meaning that total contactless spending last year was more than double that of the preceding seven years combined... More
Nearly 1bn to use NFC payments by 2019
A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More
NXP backs two new IoT development platforms
PARTNER NEWS: NXP has put its support behind two new reference platforms that will enable “innovation and rapid development” for smart wearables. The platforms target a range of internet of things (IoT) applications with open-source hardware and software, form-factor flexibility and expandable solutions for designers to adapt to changing market needs. More
Connected car can find parking, reserve it and pay with a fingerprint
Car manufacturer Seat, Samsung Electronics and software giant SAP have created a technological alliance to develop connected car projects that could enable drivers to reserve car parking spaces and pay with a fingerprint using Samsung Pay. The companies are showing their ideas at Mobile World Congress this week. More
Gemalto and Prosa bring HCE payments to Mexico
PARTNER NEWS: Digital security giant Gemalto and payment processor Prosa have partnered to bring host card emulation (HCE) based mobile payments to Mexico... More
Canadian credit unions to launch HCE mobile payments using Interac TSP
Customers of four Canadian credit unions will be able to make host card emulation (HCE) based mobile payments at Interac Flash contactless terminals across the country from this spring... More
Vodafone to roll out NFC mobile ticketing in Spanish cities
Vodafone Spain is to begin rolling out NFC mobile ticketing through its Vodafone Wallet in cities across Spain... More
NXP launches improved NFC connected tags and reader chips
PARTNER NEWS: NXP has unveiled two new NFC products — an improved “connected tag” range designed to add intelligent tap-and-go connectivity to just about any electronic device and the PN7462 family of single chip NFC reader solutions that combine a microprocessor with USB, contact and contactless interfaces... More
MasterCard to launch ‘selfie pay’ in the US, Canada and Europe this summer
Consumers across the US, Canada and parts of Europe will soon be able to authenticate their online transactions with their fingerprint or face using MasterCard’s ‘selfie pay’ system. The confirmed launch of the service — expected this summer — follows a successful pilot in the Netherlands. More
ARM includes AMS NFC payments booster in wearables reference design
PARTNER NEWS: A new reference design for wearables from processor designer ARM includes high-performance NFC technology from AMS that enables small-footprint devices with tiny antennas to couple with NFC readers as easily and reliably as a contactless card... More