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Archive: News in brief

Alipay demos biometrics for in-store payments

October 27th, 2014

Chinese online payments giant Alipay demonstrated Alipay Touch, a fingerprint biometric system for its mobile wallet app, at a conference in Beijing earlier this month. AliPay Touch allows users to make mobile payments through Alipay Wallet by swiping their finger, WSJ reports. The company is also working with startup Megvii to add facial recognition technology to the wallet for account creation and verification.

CBD launches bank branch in Facebook

October 27th, 2014

Commercial Bank of Dubai (CBD) has launched a virtual bank branch for Facebook, letting its online banking customers check balances, pay credit card bills, transfer money between accounts and track expenses from within the social network. Customers need to link their online banking profile to their Facebook account and verify the setup using a one-time password sent to their mobile device to use the service.

Aston Club reaches 22,000 users

October 27th, 2014

Australian mobile payment startup Aston Club has revealed it has signed up more than 22,000 users since its launch last year and is now being accepted in over 260 hospitality venues across the country. The solution is integrated into a bar or restaurant’s point-of-sale system and lets customers set a tab limit within the mobile app and complete their purchase as they leave using their chosen credit card.

TCH plans real time payments

October 27th, 2014

The Clearing House (TCH) and its member banks are planning to build a real-time payment system in the US that will enable consumers and businesses to send and receive immediate payments directly from their accounts. “The digital economy moves in real time and our customers expect us to keep pace,” says chairman Richard Davis. “We will work with the industry to build a real-time payment infrastructure, which will enable consumers to pay and get paid securely and conveniently.”

Bookatable tests iBeacon at 119 restaurants

October 24th, 2014

Europe’s largest online restaurant booking website is testing Apple’s iBeacon location technology to send offers and menus to potential diners toting iPhones as they pass by a participating location. Bookatable has worked with American Express to install BLE beacons in 119 restaurants participating in the London Restaurant Festival, including Ping Pong, Spaghetti House, Villandry, Oxo Tower, Thai Square and STK London.

Apple Pay to launch in Korea?

October 24th, 2014

Apple is eyeing up the possibility of launching Apple Pay in Korea, Korea Bizwire reports. “It is reported that the American company inquired with the Financial Supervisory Service about the electronic payment business licensing and security suitability evaluation procedure,” the article says. “According to financial industry sources on October 20, officials from Apple Korea visited the financial regulator recently and asked about domestic registration of its new e-payment service Apple Pay.”

Amazon Rewards to join Apple Pay

October 24th, 2014

Amazon has confirmed to TechCrunch that its Rewards Visa Card, powered by Chase, is to support Apple Pay in the future and the company is already working on making this happen. “While Amazon has confirmed that it is working to bring Apple Pay to its credit card, there is no specific timeframe for that to happen at this point,” the article explains. Update: It’s now live.

Apple builds NFC tech into iPad Air 2

October 23rd, 2014

A teardown of the iPad Air 2 by iFixit has found that Apple has included an NXP 65V10 NFC module in the new tablet. The part is the same used to provide NFC functionality in the iPhone 6 and 6 Plus and its inclusion is a surprise as no mention of any NFC capability was made when the iPad Air 2 was announced last week.

Ecuador’s central bank plans national mobile wallet

October 22nd, 2014

Banco Central del Ecuador is to launch a mobile payments scheme to act as the national mobile wallet in the country, Payments Views reports. “The vision includes building out an ecosystem that includes P2P, top-up, B2B, cash in and cash out, in-store purchases and electronic receipts,” the article explains. “The plan is to link the mobile payment platform with the banking platform so that mobile accounts can receive funds from and send funds to bank accounts.”

Alipay Wallet hits 190m users

October 22nd, 2014

Alibaba-owned online payments giant Alipay’s Alipay Wallet app now has 190 million active users in China who use the solution to shop online via their smartphones, pay bills and pay for public transport. The company handles over 80m transactions daily, of which 45m are mobile transactions, and Alipay has partnered with more than 200 financial institutions.

Johnny Rockets puts tablets in 200 restaurants

October 21st, 2014

Hamburger restaurant chain Johnny Rockets is to roll out E la Carte’s tablet-based Presto platform to more than 200 locations in the US in November after a three month pilot that saw an 11.2% improvement in table turn time. The tabletop tablet lets customers place orders via the on-screen menu, add items to their cart and pay via a built-in credit card reader.

Acer Pay is on the way

October 21st, 2014

Taiwanese computer maker Acer is to join Apple and Samsung in introducing a payment service for users of its mobile phones and wearable devices, Want China Times reports. The company has partnered with fingerprint sensor provider Egis Technology to develop the cloud-based solution, stating that fingerprint recognition technology is expected to play a “critical part of authentication and making payments” with the service.

Beep’nGo hits 5m downloads

October 21st, 2014

Mobeam’s mobile coupon and offer app Beep’nGo has now surpassed five million downloads to compatible Android devices. “Beep’nGo aggregates coupons, loyalty cards and gift cards into one easy-to-use mobile application and, through its patented light technology, it allows all scanners at retail stores, including 1D laser scanners, to read the barcodes directly from the mobile screen without any hardware or software upgrades or manual input,” the company explains.

Newspaper tests BLE beacons

October 21st, 2014

Dutch newspaper publisher NDC Media is testing Bluetooth beacons with thirty shops in the town of Leeuwarden, Netherlands, to send offers to consumer smartphones running the Lightcurb mobile app. “The overarching goal is to connect shoppers and entrepreneurs together; this test is designed to gain experience,” NDC explains. The company is working with Lightcurb platform operator Snakeware for the pilot, which is scheduled to run until the end of 2014.

23% of Canadians have made a mobile payment

October 21st, 2014

Almost a quarter of Canadians (23%) have now made a mobile payment in-store with nearly a third (29%) having used their device to make an online purchase, new research from PayPal Canada has found. Nearly half (45%) of the respondents also agreed that Canadians are ready to embrace emerging methods of payments such as conducting a mobile payment via a wearable device.

Shopkick drives $1bn in revenue

October 21st, 2014

Location-based shopping app Shopkick reports that it has driven more than US$1bn in revenue for its partner retailers since its launch in 2010, more than half of which occurred in the past year. There are now more than 7,500 ShopBeacon Bluetooth beacons live across 3,000 stores including American Eagle Outfitters, Alex & Ani and Macy’s locations.

Kotak launches P2P payments for Facebook

October 21st, 2014

Kotak Mahindra Bank has launched a bank-agnostic payment service for Facebook that will enable 250 million Indian bank account holders to transfer money by choosing a recipient’s name from their friends list. “KayPay offers a safe and secure platform to transact on the social networking site through a two-level authentication — Facebook user ID and password, and a one-time password,” the bank explains. “Further, both sender and receiver immediately receive notifications via SMS and on Facebook about the transfer.”

iOS 8.1 brings Apple Pay NFC payments to iPhone

October 20th, 2014

Version 8.1 of iOS is now available for download, and brings with it the US consumer rollout of the Apple Pay mobile payments system. Apple Pay’s NFC payment capability is available to US-based owners of iPhone 6 and iPhone 6 Plus handsets and can be used at 220,000 stores nationwide that accept contactless payments. Last week Apple revealed that 500 banks have now signed up to offer the service to their customers.

Over 20m NFC devices now in use in Japan

October 20th, 2014

There are 20.55 million NFC mobile handsets in use in Japan according to new data compiled by the Mobile NFC Association. A total of 86 different NFC phones are currently available from the three main mobile network operators, NTT Docomo, KDDI and Softbank.

Bionym begins shipping wristband

October 20th, 2014

Canadian startup Bionym has begun shipping its Nymi wristband to partners and key developers after starting to take pre-orders in September last year. The wearable device uses the wearer’s unique cardiac rhythm to verify their identity and communicates with the world around it via BLE. “We’ll be sending out more information on the next steps of the shipping process to everyone who pre-ordered a Nymi band in the coming weeks,” the company says.

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