Monday 24 October 2016 | RSS


    Archive: News in brief

    Zapper enables Alipay in the UK

    October 13th, 2016

    Chinese visitors to the UK can now use Alipay at any retailer accepting mobile payments platform Zapper. “This partnership will allow over 250,000 Chinese tourists in the UK to pay using the Alipay app in over 1,000 locations nationwide,” Zapper says. “With Zapper’s smart QR technology enabled to take payments from the Alipay app, 11.7m Chinese tourists visiting Europe each year will be able to conveniently pay using Alipay at any venue also accepting Zapper.”

    Take part in our ‘Beyond OEM Pay’ webinar today

    October 12th, 2016

    Join NFC World and Bell ID at 3pm BST today to find out how banks can maximize the mobile payment opportunity, moving beyond standard handset maker and card network schemes to provide a differentiated offering. More than 200 people have already signed up for this free webinar. You can find out more and sign up to join us here.

    Android Pay heads to Canada

    October 12th, 2016

    Android Pay may be heading to Canada judging by the mobile app’s most recent update which “seems to list strings of code that includes references to Interac,” according to Android Headlines. “Although this doesn’t give any details, such as which banks may support Android Pay following a Canadian launch, the strings that mention Interac do suggest that at least some banking institutions will be adding support for the mobile payment platform in the near future.”

    Seqr adds NFC payments in UK

    October 11th, 2016

    UK consumers using SeamlessSeqr mobile payment platform can now add their bank account to the app and make NFC mobile purchases at any contactless terminal. “Until now, UK customers have enjoyed the benefits of the Seqr prepaid account functionality — however, enabling customers to connect their bank account opens Seqr up to millions more customers who prefer direct payment over a prepaid option,” the company says. Seqr arrived in the UK in June 2014.

    Chase to support Microsoft Wallet next year

    October 11th, 2016

    US bank Chase is to begin supporting Microsoft Wallet “next year” according to a tweet from Chase Support. “Readers should note, however, that Microsoft Wallet only works on some of the newest Lumia devices, including the Lumia 650, 950 and 950 XL,” MSPoweruser reports. The NFC mobile payment service was unveiled in June 2016 with initial support from nine other US banks and financial institutions. PNC added its backing in August.

    UK consumers keen on NFC mobile payments

    October 11th, 2016

    A quarter of UK consumers are making NFC mobile purchases or would like to do so in the future, research by Mastercard reveals, with the figure increasing to 45% for those aged 25 to 34. More than two in five are ready to give up carrying cash completely, with 40% attributing their reduced use of traditional currency to wider acceptance of contactless payments. “Some 44% of consumers claim they would ditch notes and coins altogether if card payments were accepted everywhere,” Mastercard says.

    Bank of Scotland customers get selfie sign-ups

    October 10th, 2016

    Bank of Scotland customers in the UK can now apply for a current account by taking a picture of their face. “They will be able to complete a simple step-by-step application process to open a current account and take pictures of their UK driving licence or passport, along with selfie images to confirm their identity,” says Lloyds Banking Group. “As the ID verification technology is web-based, customers can use a web browser on their smartphone or tablet to submit images.”

    FNB launches NFC mobile payments

    October 10th, 2016

    Customers of First National Bank (FNB) can now make NFC mobile payments using the latest version of the financial institution’s mobile banking app. “A first in Africa, FNB Pay enables customers to quickly and conveniently purchase goods below R200 (US$14.46) without entering their card PIN,” FNB says. Users can add “any of their FNB cards” to FNB App 5.0 for use with the new feature. The app includes support for fingerprint identification and a version has also been launched for smartwatch devices.

    Join us on Thursday to learn how banks can seize the mobile payment opportunity

    October 10th, 2016

    Join NFC World and Bell ID at 3pm BST on Thursday 13 October to find out how banks can move beyond standard handset maker and card network schemes to provide differentiated mobile payment offerings to retain and attract new customers and add fresh revenue streams. By attending this webinar you will learn how to position your bank to maximise the mobile payments opportunity and take your strategy to the next level. You can find out more and sign up here.

    Apple Pay adoption low, says report

    October 7th, 2016

    Only one in ten iPhone owners have used Apple Pay and, among those who haven’t done so, 63% said it’s because their preferred merchants don’t support it as a payment option, research from Parks Associates reveals. “Only 19% of US smartphone owners and 15% of smartwatch owners have used a mobile payment app,” the firm adds.

    EcoCash Ta! signs up 2,000 merchants

    October 7th, 2016

    More than 2,000 merchants have now signed up to EcoCash Ta!, the NFC sticker-based mobile payment service launched by mobile network operator Econet WirelessEcoCash mobile money subsidiary in Zimbabwe in December 2015. “Some of these merchants include Zimpapers, Dairibord, Total, Colcom, Ster-Kinekor, Ligi and Engen,” reports TechZim. “EcoCash is also pursuing plans to integrate the tap-to-pay system with the country’s tollgates before the end of 2016.”

    Apple Pay signs up more UK and US banks

    October 7th, 2016

    The UK’s Metro Bank and Co-operative Bank have begun supporting Apple Pay, taking the number of financial institutions backing the mobile payment service in the country to 23. Apple Pay has also added more than 25 banks and credit unions to its list of supporters in the US, 9to5mac reports.

    Desjardins to support Apple Pay in 2017

    October 7th, 2016

    Canadian cooperative financial group Desjardins is to begin offering Apple Pay to its members and customers. “Holders of Desjardins Cash Back Mastercard, Cash Back World Mastercard and World Elite Mastercard will be able to use Apple Pay in 2017,” the company says.

    Western Union launches P2P mobile app

    October 4th, 2016

    Money transfer network Western Union has launched a mobile payment app in Canada to enable domestic and cross-border money transfers. “The new app allows users instant, anytime, anywhere access to Western Union’s sophisticated physical and digital money transfer infrastructure, allowing them to send money to nearly every corner of the world in just a few clicks,” the company says. Consumers will also be able to view past and pending transactions and track money transfers from their mobile device.

    Amex enables rewards purchases on Amazon

    October 3rd, 2016

    Canadian customers of American Express who are enrolled in the company’s Membership Rewards program can now pay for purchases using their reward points on Amazon. “Cardmembers need to complete a one-time registration to securely link their Membership Rewards account to their account,” American Express says. “Membership Rewards points are available immediately for use on any time cardmembers are shopping.”

    Android Pay ends Google Wallet card transfer

    October 3rd, 2016

    Previous users of Google Wallet will not be permitted to transfer cards to Android Pay from October 14. “Many former Google Wallet users were able to bring any card they had in Wallet to Android Pay, even if it wasn’t a supported bank,” 9to5Google reports. “Google has revealed via email that those grandfathered cards will no longer be supported on October 14. Google doesn’t cite a specific reason for this change, only stating that this was always going to be limited time only.”

    Samsung Pay to launch in Thailand this year

    October 3rd, 2016

    Samsung Pay will launch in Thailand this year, the vice president of IT and mobile communications at Thai Samsung Electronics, Wichai Pornpratang, has confirmed at the Thailand Mobile Expo. “Among the banks and card issuers already confirming their support for the service were Krungthai Card Co, Citibank, Kasikornbank, Bank of Ayudhya, Siam Commercial Bank and Bangkok Bank,” The Nation reports.

    US now Visa’s biggest EMV market

    October 3rd, 2016

    There are now more than 1.46 million chip-enabled businesses and 363 million chip-enabled Visa cards in the US, making it the largest Visa chip card market in the world, the company has revealed. “The number of Visa chip transactions surpassed half a billion in the month of August, representing a 1,000+ percent annual increase,” the payment network says.

    Citi joins ClearXChange

    October 3rd, 2016

    US bank Citi has become the latest to join Early Warning’s bank-led digital payments network ClearXChange. The move will enable its customers to send or receive real-time P2P payments to or from users of participating financial institutions. The service was made available to all member financial institutions in June 2015 and is reportedly in the process of rebranding as Zelle. Citi will introduce the P2P functionality in early 2017.

    Japanese government to trial biometrics

    September 29th, 2016

    The government of Japan is to begin piloting a biometric authentication-based payments service next month that will enable travelers to make purchases using their fingerprint. “The Ministry of Economy, Trade and Industry will start the service at tourism spots in three areas,” Bangkok Post reports. “A trial will be conducted at hotel check-ins in popular tourist areas.” The platform will make use of technology supplied by Dai Nippon Printing and Deloitte Tohmatsu Consulting. Plans for the system were first unveiled in April 2016.

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