Visa is extending its Visa Token Service platform to auto manufacturers to enable in-vehicle payment experiences through Visa Checkout. The company has partnered with Honda and car parking solutions provider ParkWhiz to demonstrate fuel and parking proof-of-concept solutions at Mobile World Congress in Barcelona this week. More
Archive: Newswire
G&D connects its issuers to MDES for tokenization
PARTNER NEWS: Giesecke & Devrient (G&D) has integrated its Convego CloudPay solution with the MasterCard Digital Enablement Service (MDES) to enable issuers to work directly with G&D to implement tokenization for their host card emulation (HCE) based wallets... More
Canada’s Interac debit network launches tokenization service
Canadian debit network Interac has unveiled its own token generation and management service that will enable financial institutions, merchants and its partners to build and manage secure digital payment experiences with support for tokenized digital debit transactions on any device or mobile wallet... More
NXP and Qualcomm deepen collaboration to include pre-validation for NFC transit services
PARTNER NEWS: NFC pioneer NXP and mobile processor maker Qualcomm have extended a collaboration which saw NXP’s NFC and embedded secure element (eSE) solutions built into reference designs for Qualcomm Snapdragon 800, 600, 400 and 200 processor based platforms to now also include pre-validation for NFC-based transit services, particularly those in China. More
Mahindra Comviva offers NFC cash withdrawals at ATMs
PARTNER NEWS: Customers using banking apps powered by Mahindra Comviva’s Mobiquity Wallet will soon be able to withdraw cash and top up their mobile wallets at the ATM using either host card emulation (HCE) based NFC or by scanning a QR code, allowing them to save time by preparing transactions on their phone before they get to the cash machine... More
Visa expands Visa Ready Program to wider range of connected devices
Visa is expanding its Visa Ready certification program to include Internet of Things (IoT) companies such as manufacturers of wearables, automobiles, appliances and clothing so that secure payments can be added to a wider range of connected devices, the payment network has announced at Mobile World Congress. More
PayPal to add NFC payments to Android app
An upcoming version of PayPal’s Android app is to bring with it NFC payments capability, the online payment giant has announced at Mobile World Congress... More
Samsung Pay hits 5m users and is set for global expansion in 2016
Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More
Mondaine to add NFC payments to a range of luxury watches
Swiss luxury watchmaker Mondaine is to add NFC payment capability to a variety of its watches, starting with its Mondaine Helvetica No1 smartwatch, that will let wearers make payments with a tap of their wrist at any contactless enabled terminal. More
Málaga Club de Fútbol fans get contactless wristbands
Supporters of Spanish football club Málaga Club de Fútbol (CF) can now get contactless payment wristbands branded with the club’s logo from their local CaixaBank branches and be rewarded for using the device... More
UK startup unveils smart card that will store multiple bank cards for contactless payments
London-based startup Curve has launched a physical payment card that will let consumers store an “unlimited number” of bank cards and make contactless payments at point-of-sale terminals wherever MasterCard cards are accepted. More
Bell ID to support Android Pay integration
PARTNER NEWS: Bell ID has added support for Android Pay to its Token Service Provider (TSP) solution, allowing its customers at issuing banks, payment schemes and processors to keep tokenization and detokenization in-house when they offer secure NFC payments on Android phones using Google’s payment system. More
Apple Pay launches in China
Apple Pay has begun rolling out across China, letting consumers pay in-store with compatible Apple devices using their China UnionPay credit and debit cards at QuickPass-enabled POS terminals as well as make purchases within participating mobile apps. More
MasterCard reports 150% increase in contactless transactions in Europe
More than one billion contactless MasterCard and Maestro transactions were processed in Europe in 2015, up 150% on 2014, MasterCard reports... More
Microsoft unveils $200 Lumia 650 handset with NFC
A new Windows 10 smartphone pitched at business users offers NFC connectivity and Microsoft app integration for less than US$200. The Lumia 650 will be available in select European markets beginning February 15, Microsoft says. The device is also expected to include support for host card emulation (HCE). More
Visa Europe adds support for cloud-based credentials to tokenization service
Visa Europe has expanded its tokenization service to include support for services where payment credentials are stored in the cloud — such as banks’ own mobile payment apps, wearables and other connected devices — as well as for internet browser-based wallets, retailer-specific checkout offerings like Visa Checkout and card on file payment options... More
Meet NFC World’s partners at Mobile World Congress
NFC World partners Giesecke & Devrient, Bell ID, Mahindra Comviva, NXP, Carta Worldwide, Gemalto and AMS will be exhibiting at Mobile World Congress in Barcelona from 22-25 February. Here’s what you can expect to see from these industry leaders and where you can find them during the show. More
Nets and Carta bring tokenized mobile payments to Nordic and Baltic banks
PARTNER NEWS: More than 200 banks across northern Europe are now able to deploy token-based secure mobile payments services to their customers via a partnership between digital payments services provider Nets and Carta Worldwide... More
G&D gets Amex accreditation for HCE payments solution
PARTNER NEWS: Giesecke & Devrient (G&D) has received Amex Enabled accreditation for Convego CloudPay, a host card emulation (HCE) based solution that lets a bank’s customers use their mobile banking app to load payment card credentials onto their smartphone and make contactless payments... More
Apple Pay awareness, adoption and usage drops in the US
One fifth of iPhone 6 owners in the US (20%) have used Apple Pay at least once, research from First Annapolis Consulting reveals, down from 22% in spring last year. 15% say they use it regularly — more than once per month — down from 19% in the 2015 survey. More