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    Archive: News in brief

    HTC lists devices supporting Android Pay

    September 22nd, 2015

    Handset maker HTC has released a list of its Android Pay supporting devices following the mobile payment service’s launch across the US earlier this month. A standalone Android Pay mobile app became available on the Google Play store on September 18 to allow all US consumers with a compatible device to download and use the service.

    Six in ten US consumers yet to receive an EMV card

    September 22nd, 2015

    Close to six in ten US consumers (59%) have not yet got an EMV card and only 32% of those who have are aware that the US is moving to EMV payments, ABI Research has found. “67% indicated they have not received information from their credit card issuer or bank explaining what EMV means and how it will impact them,” the company adds.

    Webinar today: How to develop a mobile payments roadmap

    September 22nd, 2015

    Join NFC World and Gemalto at 3pm BST today to find out how issuers and processors can draw up a mobile payments strategy that combines a winning customer service today with a long-term roadmap for the future. More than 500 people have already signed up for this free webinar. You can find out more and sign up to join us here.

    One in four US merchants will be EMV-ready by October deadline

    September 21st, 2015

    Only 27% of US merchants will be EMV-ready by the October liability shift, representing a seven percentage point decline from a 34% estimation in March, research from The Strawhecker Group (TSG) reveals. “By December 2015, 44% of US merchants are expected to adopt EMV, however, EMV-readiness will not reach a threshold of at least 90% until 2017 — more than 15 months after the shift,” the company says.

    Tascent raises $18.5m for mobile iris ID

    September 21st, 2015

    Biometric identity solutions provider Tascent has announced a US$18.5m Series A funding round to build out its biometric technology platform. “The Series A round enables Tascent to develop new high-throughput iris recognition and mobile biometric identity solutions, enhancing its product lineup and further expanding its presence in government, enterprise and other market sectors,” the company says.

    Apple Pay nears China launch?

    September 18th, 2015

    Apple has reportedly set up a new company called Apple Technology Services (Shanghai) to bring Apple Pay to China. The company “will launch new major commercial activities — Apple payment services, including adding a new mobile payment feature on Apple’s iPhone and other end products,” Yicai reports. Apple told Agence France-Presse this week that CEO Tim Cook hopes to launch Apple Pay in the country “as quickly as possible”.

    Macy’s adopts PayPal in-store mobile payments

    September 18th, 2015

    US department store chain Macy’s will enable PayPal as a payment option for in-store, online and mobile purchases by the end of September 2015. “In-store customers can checkout via Payment Code on the PayPal app or on the Macy’s app which enables consumers to scan a QR code on their mobile device,” PayPal says. The integration will also enable PayPal’s One Touch checkout for online and mobile.

    Best Buy begins support for Apple Pay and Android Pay

    September 18th, 2015

    US retail chain Best Buy has begun rolling out its planned support for Apple Pay as well as Android Pay. “A new YouTube video and Reddit thread confirm customers making successful debit and credit card purchases using both Apple Pay and Android Pay at separate Best Buy stores in California,” MacRumors reports. Best Buy’s three-year exclusivity period with payment consortium MCX expired in August.

    iPad Mini 4 includes NXP NFC chip

    September 18th, 2015

    A teardown conducted by iFixit shows that Apple has included an NXP 65V10 NFC controller chip in its new iPad Mini 4 tablet. The same chip was included in the iPad Mini 3 and the iPad Air 2 as well as the iPhone 6 and iPhone 6 Plus.

    Future Group to launch mobile wallet in India

    September 17th, 2015

    Indian retail conglomerate Future Group is in the process of launching its own mobile wallet, CEO Kishore Biyani has revealed. “In the next two years, we will have more than 40 wallet companies in the country; there has to be value addition in whatever idea you do. We are also launching our wallet now,” Biyani told visitors to the India Retail Forum (IRF), Business Standard reports.

    500,000 Koreans sign up for Samsung Pay

    September 17th, 2015

    Samsung Pay has signed up more than 500,000 users since its introduction in Korea in August 2015. “If this trend continues, it seems to be only a matter of time to surpass 1m subscribers in 1 to 2 months,” Business Korea reports. “Both the ICT industry and Samsung Electronics are apparently surprised.” The company is expected to launch Samsung Pay across the US later this month.

    iOS 9 adds loyalty cards to Apple Pay

    September 17th, 2015

    Apple has begun rolling out its latest software update, iOS 9, which brings store credit cards and reward cards to Apple Pay. “Soon you’ll be able to add your favourite store credit cards and reward cards to your Wallet app to make purchases and redeem rewards,” the company says. Apple announced its plans to add loyalty cards to its mobile payment service in June 2015.

    Pittsburgh Penguins fans get BLE offers

    September 17th, 2015

    Fans of the Pittsburgh Penguins ice hockey team will receive exclusive content on their mobile device when attending games at the Consol Energy Center throughout the 2015-2016 season via Bluetooth Low Energy (BLE) beacons. “Beacon-triggered content will include greeting fans as they enter the arena with special content, an interactive experience at the Mario Lemieux statue and concession offers and discounts,” platform provider Rover says.

    Chase redeems rewards in stores

    September 16th, 2015

    Chase has introduced Android and iOS apps for Chase Freedom cardholders that allow them to redeem cashback rewards at the register on their mobile phone. “Redeem by selecting the merchant and enter the amount of rewards to use,” Chase says. “Pay using a custom e-gift card created directly on the device.” Participating retailers include Starbucks, Target, Toys R Us, TGI Fridays and Regal Entertainment Group.

    Gemalto talks Android Pay

    September 16th, 2015

    PARTNER NEWS: In a blog published this week, digital security giant Gemalto discusses the launch of Android Pay and the impact it will make on the industry.  “Now that the majority of US consumers have access to mobile payments, we’re excited to see how the industry developers,” writes Gemalto’s Rémi de Fouchier. “It’s looking like 2016 might be the year that NFC mobile payments finally hit the mainstream.”

    Canadian contactless transactions grow 150%

    September 16th, 2015

    The number of contactless transactions conducted in Canada has increased by almost 150% over the past year, fuelled in part by the rapid roll-out of Interac Flash cards, research from Technology Strategies International shows. “The mobile payments landscape in Canada will change dramatically within the next five years, with about two thirds of the smartphones in Canada having NFC capability by 2019,” the company adds.

    TfL records 180m contactless journeys

    September 16th, 2015

    More than 180m journeys have been made using contactless payments on London’s transport network in the first year since its launch, Transport for London (TfL) has revealed. “One in seven of all contactless transactions in the UK now take place on London transport,” TfL says. “Over 375,000 contactless journeys are made on Tube and Rail services and 250,000 on London buses every day.”

    Apple Pay now supported by 500 US banks

    September 16th, 2015

    Apple has added 46 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, taking the total to more than 500. “Some important firms in the update include Citizens Bank, E-Trade Bank and the credit unions for MIT, Johns Hopkins and McGraw-Hill,” Apple Insider reports.

    13% rate Apple Pay as best Apple Watch feature

    September 15th, 2015

    More than one in ten Apple Watch owners (13%) voted Apple Pay as the feature they like best about their device, 451 Research has found. Notifications were top with 49%, followed by health and fitness monitoring (41%), aesthetics/design (30%), touch screen (20%), ease of use (18%) and user interface (17%).

    56% of US consumers unaware of EMV

    September 15th, 2015

    More than half of US consumers (56%) don’t know what an EMV credit card is and 53% have not yet received one, research from Harbortouch reveals. 60% of consumers with an income of $25,000-$49,999 were unaware of EMV cards compared to 26% earning $150,000 and above. “Only 50.8% feel the technology will make them more secure,” the company adds.

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