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    Archive: News in brief

    Walmart Pay adds another 14 states

    July 1st, 2016

    US supermarket chain Walmart has rolled out its Walmart Pay mobile payment service to stores in another 14 US states, including California, New York, Pennsylvania, Idaho and New Mexico as well as states across New England and the Pacific North West. The QR code-based service launched in Arkansas and Texas last month and went live in a further 20 states last week.

    Canadian credit unions go live with Mobile Pay

    June 30th, 2016

    Canadian credit unions Affinity and Conexus in Saskatchewan, First West in British Columbia and Meridian in Ontario have become the first to launch Mobile Pay, the host card emulation (HCE) mobile payment service developed by trade body the Canadian Credit Union Association. The four credit unions revealed that they would be the first to launch the service — which makes use of a tokenization platform by Interac — in February 2016.

    Walgreens enhances paperless coupon feature

    June 29th, 2016

    Customers of US drugstore giant Walgreens can now redeem paperless coupons for online and in-store purchases and “clip” offers on product pages and in search results through the Walgreens mobile app. “Clipped offers are automatically saved to a customer’s Balance Rewards card and can be seamlessly applied in-store at checkout when a customer uses their Balance Rewards card,” Walgreens says. The retailer has also integrated its loyalty program with Apple Pay and Android Pay.

    Wells Fargo joins ClearXChange

    June 28th, 2016

    Customers of Wells Fargo in the US will soon be able to make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange. “Beginning August 1, Wells Fargo’s service will allow its customers to send funds in real-time at no cost to any customer of a bank that participates in the real-time service,” the bank says. ClearXChange was made available to all member financial institutions in June 2015. JPMorgan Chase also signed up to the service earlier this month.

    Kroger sues Visa over EMV authentication

    June 28th, 2016

    US supermarket chain Kroger has filed a lawsuit against Visa for allowing customers to verify EMV purchases with a signature instead of a PIN. “Kroger said the dispute began after it was informed by Visa that the configuration of its new terminals didn’t comply with Visa’s rules,” The Wall Street Journal reports. “Visa’s rules require merchants to allow customers to choose between a PIN and a signature verification.” Walmart also sued the payment network for its EMV signature authentication option in May 2016.

    ACI reports on mobile payments usage by Indian millennials

    June 27th, 2016

    More than two thirds of Indian millennials (67%) have purchased goods online and in-store using their mobile phone, research from ACI Worldwide reveals. “For those who shop using their mobile device, they do so more frequently — and with lower transaction values — than non-millennials,” the research firm says. “More than a third of respondents prefer alternative payments (e.g. PayPal, Alipay) for mobile-initiated purchases.”

    OT works on mobile payments rollout in France

    June 27th, 2016

    Oberthur Technologies (OT) is working with retail payment operator STET and Cartes Bancaires CB Group (GIE-CB), the regulatory body for the payment card system, to roll out mobile payment services in France. “Banks have commissioned STET and GIE-CB to work together to develop an industrial platform to enable banks to use this new payment method securely,” OT says. “By using OT’s Digital Enablement Platform (DEP), the customers of French banks will be able to use virtual payment cards stored in the digital wallets provided by manufacturers of compatible mobiles.”

    Coinbase adds PayPal and credit card support

    June 27th, 2016

    Bitcoin wallet Coinbase has added support for PayPal and credit cards. “Through this integration, Coinbase users are now able to sell Bitcoin and have their USD funds deposited to a PayPal wallet,” Coinbase says. “To start, we’re offering PayPal cash-out for US users only. In the future, we hope to add support for other countries, and to support buys through PayPal as well. Both services are currently in beta. We’ll invite more users to each service over the next few weeks.”

    RBI reveals framework for “less-cash” society

    June 27th, 2016

    The Reserve Bank of India (RBI) has released its framework for payment and settlement systems with a view to moving the country towards a “less-cash” society. Vision-2018 “reiterates the commitment of the Reserve Bank of India (the Bank) to encourage greater use of electronic payments by all sections of society,” RBI says. “Building a robust payments infrastructure in the country to increase the accessibility, availability, interoperability and security of the payment systems will continue to remain a key objective.”

    Amazon to expand Dash service despite “cool” response

    June 27th, 2016

    Amazon is to announce that it is adding “dozens of new brands” to its Dash push-button ordering devices despite “evidence that consumers are cool to them”, The Wall Street Journal reports. “Fewer than half of people who bought a Dash button since March 2015 have used it to place an actual order, estimates Slice Intelligence,” the publication says. “Those consumers who do order make a purchase roughly once every two months.” The Dash Replenishment Service was launched in January 2016.

    Alipay negotiating for stake in Wirecard

    June 27th, 2016

    Alipay is in negotiations to take a 25% stake in German payments technology provider Wirecard, according to German newspaper Bild. “At the talks, it comes to a share of up to 25%,” the publication reports. “Later, it could well be more.” Wirecard began rolling out support for Alipay mobile payments across Europe in December 2015 and worked with Alipay to add support for the service across Munich Airport earlier this month.

    Discover joins effort to speed up EMV checkout

    June 24th, 2016

    Discover has unveiled Discover Quick Chip, a new option for merchants to streamline the checkout process when customers pay with cards. “Discover Quick Chip will reduce the time a chip card needs to remain in the point of sale terminal, making the checkout process more convenient for merchants and cardholders,” the card network says. American Express also unveiled a similar offering earlier this month. Visa originally unveiled a feature designed to streamline EMV transactions in April 2016, closely followed by MasterCard.

    Amex bot notifies purchases through Facebook Messenger

    June 24th, 2016

    American Express customers will soon be able to get real-time notifications about their purchases through Facebook’s Messenger app after the company demonstrated how card members can “sign up to receive real-time notifications about their purchases and important information about card benefits and services related to those purchases via an Amex bot for Messenger”. Facebook Bots were unveiled in April to bring a range of new functions to the instant messaging app.

    Walmart Pay arrives in 15 more states

    June 24th, 2016

    US supermarket chain Walmart has launched Walmart Pay in 15 additional US states including Indiana, Iowa, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Dakota, South Dakota, Tennessee, Virginia and Washington DC. The QR code-based mobile payment service was also launched in Alabama and Georgia earlier this week, followed by Virginia, North Carolina and South Carolina.

    ABN Amro takes payments to WhatsApp

    June 24th, 2016

    Customers of Dutch bank ABN Amro can now send payment requests to others using messaging platform WhatsApp and a new mobile app called Tikkie. “The requester enters the amount in Tikkie and then selects a person from their WhatsApp contacts,” the bank says. “Tikkie creates a link that can be sent with a WhatsApp message. With just one click on the link, the person who receives the message is directed to the iDeal payment environment. The money is automatically credited to [the requester’s] existing current account.”

    Walmart Pay heads to three new states

    June 23rd, 2016

    US supermarket giant Walmart has launched its Walmart Pay QR code-based mobile payment service in Virginia, North Carolina and South Carolina, making it available in more than 420 stores across the three states. Walmart unveiled the mobile payment service in December 2015 and it went live for iPhone users in April 2016. It was rolled out to Alabama and Georgia earlier this week.

    Android Pay preps new features

    June 23rd, 2016

    Android Pay is set to launch streamlined loyalty programme signups, Transport for London (TfL) ticket purchase integration and a function that allows users to discover which nearby stores accept the mobile payment service, a code analysis of the latest version of the mobile app by Android Police has revealed. “Loyalty cards are already supported in Android Pay but only for existing accounts,” the publication says. “This addition will make it possible to create new accounts immediately from within the app.”

    PayPal will “hurt” from Apple Pay web launch, claims analyst

    June 22nd, 2016

    PayPal will “hurt” from the launch of Apple Pay on the web, according to Piper Jaffray analyst Gene Munster. “Munster has confidence in merchant adoption of Apple Pay for the web, predicting that as many as 43% of PayPal’s merchants will accept Apple Pay at launch,” AppleInsider reports. “He believes that PayPal may be hurt, in part, by the fact that it does not feature a customer loyalty program.” Apple announced its plans to launch Apple Pay for online payments at WWDC last week.

    300m will use contactless ticketing on mobile and wearables by 2021

    June 22nd, 2016

    The number of consumers using contactless ticketing on mobile or wearable devices will approach 300m by 2021, Juniper Research predicts. “This will represent around one in five mobile ticketing users across rail, metro, bus, airline, sports and entertainment,” the firm says. “NFC is unlikely to have much impact in the near-term on the purchase of airline tickets, with this activity remaining largely remote via online or mobile channels.”

    Apple Pay adds 44 US banks

    June 22nd, 2016

    Apple has added a further 44 banks and credit unions to the list of US financial institutions that support Apple Pay. “Today’s buildout includes a number of medium size financial institutions, many of which are regional credit unions and small banks,” AppleInsider reports.

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