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    Archive: News in brief

    Wells Fargo adds support for Samsung Pay

    March 3rd, 2016

    Samsung Pay now includes support for Wells Fargo credit and debit cards, resulting in the mobile payment service supporting cards from 70 banks and credit unions covering more than 70% of the US credit and debit card market. Samsung Pay announced last week that approximately 5m registered users in the US and South Korea have used the service to make purchases valued at more than US$500m in the first six months since its launch.

    58% of millennials prefer friends to pay cash

    March 3rd, 2016

    Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals. Of the 26% who chose P2P payment apps, 11% prefer PayPal, followed by Venmo (6%), Google Wallet (5%) and Square Cash (4%).

    Take part in our ‘NFC and the IoT’ webinar today

    March 2nd, 2016

    NFC World’s educational webinar on NFC and how it can be used to lift IoT adoption by bringing plug-and-play simplicity to smart homes and the internet of things will be held today at 15:00 GMT. NFC and the IoT will be presented by NXP’s Pierre Goarin and there’ll be plenty of time for questions from the audience afterwards. Sign up to join the webinar here.

    GSMA reports on mobile money adoption

    March 2nd, 2016

    More than one billion transactions were processed through mobile money services globally in December 2015, the GSMA reveals, with registered accounts growing by nearly 100m — taking the total to 411m. “Mobile money is available in 85% of countries where most of the population lacks access to formal financial institutions,” the association says.

    US mobile payments at the POS to increase 54% this year

    March 1st, 2016

    Mobile payments made at the point of sale in the US will increase 54% in 2016 compared to 2015, with continued growth expected through 2019, research from Packaged Facts predicts. “The forecast is predicated largely on continued movement toward smartphone usage saturation and an increase over time in the percentage of smartphone users making mobile payments at the point of sale,” the firm says.

    Luxury winemaker integrates NFC into sherry bottles

    March 1st, 2016

    Spanish winemaker Barbadillo has integrated NFC into its limited edition bottles of Versos 1891 rare sherry so customers can check the beverage’s authenticity with a tap of their mobile device. “The NFC OpenSense tags incorporated into each bottle are specifically designed to thwart counterfeits, prevent unauthorized refills and facilitate product authentication,” says technology provider Thinfilm. The roll out follows a six-figure unit order for NFC OpenSense tags placed by packaging and labels provider Constantia Flexibles to deliver solutions to the beverage industry.

    Swedish amusement park installs BLE beacons

    March 1st, 2016

    Visitors to Liseberg amusement park in Sweden can now get information about its attractions on their smartphones via Bluetooth Low Energy beacons and a mobile app provided by CGI. “The app tells you all about the attractions, including queue times and minimum height requirements,” the amusement park says. “You can find friends, available parking, the nearest bathroom — all the questions you might need answers to during a visit to the park.”

    148m consumers to make NFC mobile payments in 2016

    March 1st, 2016

    Some 148m consumers will make NFC mobile payments this year, with Apple and Samsung accounting for nearly 70% of new customers, Juniper Research forecasts. “The research also anticipated that models based on host card emulation (HCE) would be widely deployed by banks and a number of leading OTT (Over The Top) players,” the firm says, predicting that NFC smartphones will be the main driver for contactless payments in the US owing to “the limited number of cards that currently offer the facility”.

    MasterCard to support Apple Pay in Canada?

    March 1st, 2016

    MasterCard could begin supporting Apple Pay in Canada this year, according to a MacRumors report. “MasterCard is also looking to support Apple Pay in Brazil, Hong Kong, Japan and Singapore in 2016,” the publication says. “The information is based on an unverified document, however, so the plans cannot be proven beyond a reasonable doubt until other evidence surfaces.” Apple Pay launched in Canada in November 2015 with support from American Express alone.

    Join us tomorrow for a webinar on NFC and the IoT

    March 1st, 2016

    Join NFC World and NXP at 3pm GMT on Wednesday 2 March to find out how NFC can bring plug-and-play simplicity to smart homes and the internet of things (IoT). More than 500 people have already signed up to take part in this free webinar. You can find out more and sign up here.

    Visa simplifies Checkout sign-ups

    February 29th, 2016

    Visa Checkout users will soon be able to scan an image of their credit or debit card with their mobile device to sign up to the service, rather than having to enter their information manually. The new update, expected to be made available in April, will be automatically applied to the platform so merchants “don’t have to make any adjustments to their existing online checkout processes or payment systems,” says Visa.

    White paper explores future of connected living

    February 29th, 2016

    A 25-page white paper that explores how young adults expect mobile technology and connectivity to develop over the next ten years is now available to download from the NFC World Knowledge Centre. ‘Connected Living: How technology could impact daily lives by 2025’ is based on a survey of 1,200 young adults in six countries and has been produced by digital security giant Gemalto. “The results paint a picture of a world populated by smart cities, where people live in a hyper-connected society, using their mobile for more than many thought possible only a few years ago,” the company says.

    MasterCard offers Apple Pay users free travel in London

    February 29th, 2016

    MasterCard cardholders using Apple Pay can travel for free around London for the next three consecutive Mondays. “All passengers on London’s transport network touching in and out this way will benefit from a refund of up to £28.10 per promotional day,” the payment network says. Fare Free Mondays using Apple Pay were first introduced by MasterCard in November 2015.

    Android Pay to make UK debut in March?

    February 29th, 2016

    Android Pay will launch in the UK in March, according to The Telegraph. “Google will announce that Android Pay will be available in Britain from the end of next month,” the publication reports. Apple Pay has been live in the UK since July 2015 while Samsung Pay is expected to make its UK debut later this year.

    Apple Pay to launch in France this year?

    February 29th, 2016

    A “small handful” of major French banks are now poised to sign deals to bring Apple Pay to France “by the end of the year”, Les Echos reports, following months of negotiations over the share of transaction fees Apple should receive from card issuers. The recent deal between Apple and China UnionPay “is auspicious because it shows that Apple may make concessions,” one observer told the French newspaper.

    WeChat Pay now available to overseas merchants

    February 26th, 2016

    Chinese internet giant Tencent has made its WeChat Pay platform available to overseas vendors so they can serve Chinese consumers when they travel abroad. “WeChat Pay is an in-app payment feature to allow all WeChat users to pay transactions quickly on their mobile phones,” Tencent says. “WeChat can handle all the ways your users want to pay, whether it is via Quick Pay, QR code, in-app, web-based or native in-app payments.”

    China UnionPay and Visa partner on payments innovation

    February 26th, 2016

    Payment networks China UnionPay and Visa have signed a memorandum of understanding (MOU) in Shanghai to collaborate on “providing cardholders with more convenient, secure and highly efficient payment services” with a focus on security, innovation and financial inclusion. “The MOU provides an important platform for CUP and Visa to work together to strengthen and create new value for the bank card ecosystem benefiting consumers, merchants, financial institutions and technology partners,” Visa says.

    Nets FlashPay and AutoPass Cards get NFC phone top-ups

    February 25th, 2016

    Commuters in Singapore can now top up their Nets FlashPay and AutoPass Cards by tapping them against an NFC Android smartphone running the FlashPay Reader app. “With this new top-up feature on the app, foreign motorists can use credit cards issued by Singapore or Malaysian banks to top-up their Autopass Cards on the go,” says electronic payments network Nets.

    US EMV adoption slower than expected

    February 25th, 2016

    Some 37% of US merchant locations are now EMV-ready, according to management consulting firm The Strawhecker Group (TSG). “TSG’s previous survey of payment processors and other payment providers completed last September estimated that over 40% would be EMV-ready by this time, showing a slower pace of implementation than expected before the shift,” the company says. 50% of US merchants are expected to support EMV by June this year.

    Gemalto’s Mobile ID gets GSMA approval

    February 25th, 2016

    PARTNER NEWS: Digital security specialist Gemalto’s Mobile ID solution has been accredited by the GSMA’s Mobile Connect program, an initiative that aims to help mobile network operators provide a universal phone-based identity and authentication service to consumers worldwide. Mobile ID provides scalable identity management and authentication services to allow MNOs to easily become a digital identity provider.

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