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Archive: Newswire

EcoCash takes mobile money to the point of sale

November 17th, 2014

EcoCash, Africa’s second largest mobile money provider with 3.7m users, is to offer customers in Zimbawe a MasterCard debit card linked to their EcoCash wallet. This will enable them to use the funds in their… More

Softcard picks Muppet mascot for online advertising campaign

November 14th, 2014

US carrier mobile payments venture Softcard has unveiled Tappy, a mascot designed by the company behind The Muppets that will be used initially in an online advertising blitz reported to be valued at US$1.5m. More

Visa CEO: We may not charge a fee for tokenization

November 14th, 2014

Visa will not charge a fee to card issuers making use of its tokenization service until at least the end of 2015 and may or may not charge a separate fee for the service in… More

Paris restaurant equips waiters with wearables that alert them when orders are ready

November 14th, 2014

Waiters in a Paris restaurant have been equipped with mobile phones that let them take orders on the go — and smartwatches that let bartenders and kitchen staff alert them when an order is ready to be served, avoiding delays and improving service times. More

Korean banks partner with messaging giant for mobile banking service

November 13th, 2014

Korean internet and messaging giant Daum Kakao has launched BankWalletKakao, a mobile wallet service provided in partnership with 16 Korean banks and Korea Financial Telecommunications and Clearing Institute (KFTC). The service leverages instant messaging technology… More

Samsung launches Proximity mobile marketing platform

November 13th, 2014

Samsung has unveiled Proximity, a location-based marketing platform that uses Bluetooth Low Energy (BLE) beacons and works in a similar way to Apple’s iBeacon system — but without the need for consumers to be persuaded… More

MasterCard and Visa to create new security standard to replace passwords for online payments

November 13th, 2014

MasterCard is working with Visa to create a new authentication standard for online payments that will gradually replace the 3D Secure protocol with “invisible authentication”, far fewer prompts for passwords and support for a range… More

McDonald’s on mobile payments: We prefer to let our customers choose how they pay

November 13th, 2014

McDonald’s sees accepting NFC mobile payments as part of its on-going customer service improvement remit, the fast food giant’s Anja Carroll has told NFC World+. “We can accept all payment products that leverage standard NFC… More

Kili acquires NFC microSD pioneer DeviceFidelity

November 12th, 2014

NFC-on-microSD pioneer DeviceFidelity has been acquired by Kili Technology, a payments processing solution provider which launched an mPOS “solution-on-a-chip” range last month. DeviceFidelity will now operate as a subsidiary of Kili with founders Deepak Jain… More

SimplyTapp raises US$6m to grow HCE

November 12th, 2014

PARTNER NEWS: Host card emulation (HCE) specialist SimplyTapp has closed a US$6m Series B funding round. The round was led by a new, undisclosed lead investor with both Lightspeed Venture Partners and Blue Sky Capital… More

Sainsbury’s tests mobile shopping and payments app

November 11th, 2014

UK supermarket chain Sainsbury’s is to pilot a mobile shopping app that allows customers to build a virtual basket of favourite products from anywhere before they visit a store, get directions when they arrive at… More

Dairy Queen expands mobile loyalty and payment test

November 10th, 2014

US fast food chain Dairy Queen has expanded pilot testing of its myDQ mobile loyalty, offers and payments service to more than sixty locations in the states of Colorado and Nebraska ahead of a planned… More

MCX CEO confirms plans to include bank cards in CurrentC wallet

November 6th, 2014

MCX CEO Dekkers Davidson has outlined more of the consortium’s plans for its CurrentC mobile wallet in a keynote presentation at the Money2020 event in Las Vegas, confirming that banks will be able to add… More

LoyaltyGrid uses NFC tags to let luxury brands reward their customers at the point of sale

November 6th, 2014

Dutch startup LoyaltyGrid has unveiled a solution that lets luxury brands use NFC tags embedded in product packaging to guarantee the authenticity of their products — and deliver rewards, discounts, exclusive content, invitations to special events… More

Tip.ly uses face recognition to let users leave tips with their phone

November 5th, 2014

Startup Tip.ly has launched Face Tips, a service that lets users tip service workers by simply taking a photo of the server’s face with a mobile phone. The recipient then has fourteen days to log in to the service using any camera-equipped device to submit their photo and bank details to safely collect their payment. More

French banks to pilot HCE payments

November 5th, 2014

Visa Europe has partnered with payment and transaction services provider Worldline to pilot NFC mobile payments using host card emulation (HCE) with four French banks in the first quarter of 2015. The participating banks will… More

Watchdata launches wearables that support NFC payments

November 5th, 2014

Singapore-based Watchdata Technologies has unveiled Sharkey, a wearable device that supports NFC payments and comes in two form factors — a smartwatch or a wristband. Sharkey connects with a wearer’s Android or iOS phone via Bluetooth… More

NFC World celebrates its sixth birthday

November 4th, 2014

NFC World is six years old today and we are celebrating with a top 50,000 website ranking on Alexa.com, 129,493 unique visitors in October and a new rate card designed to make advertising on NFC… More

EMV hits nearly 30% of global card-present transactions

November 4th, 2014

Almost 30% of all card-present transactions conducted globally between July 2013 and June 2014 used the EMV chip card standard, EMVCo has revealed, with the highest usage in Western Europe and the lowest in the… More

NXP unveils secure NFC solution for connected cars

November 4th, 2014

PARTNER NEWS: NXP has launched a portfolio of NFC products designed to make it easier for car manufacturers to enable drivers and passengers to securely connect their mobile phone with a range of in-vehicle services…. More

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