Wednesday 22 October 2014 | RSS

 
Feedback
 

Archive: News in brief

Samsung and PayPal to offer smartwatch payments

September 23rd, 2014

Samsung is working on a smartwatch that will include biometric verification and support for PayPal payments and location-based offers, reports Business Korea. The device is set to include a fingerprint sensor and could launch at Mobile World Congress 2015.

SimplyTapp releases new HCE SDK

September 22nd, 2014

PARTNER NEWS: Host card emulation (HCE) specialist SimplyTapp has released a new version of its Mobile SDK. Version 2.3 includes a SimplifiedTapp app that “offers refined code base which will help accelerate developers’ understanding of HCE implementation”, the company says.

UL white paper explains Apple Pay

September 18th, 2014

A new white paper that describes what is known about Apple Pay in both technical and organizational terms — as well as what questions still remain to be answered — is now available to download free of charge from the NFC World+ Knowledge Centre. Produced by the transaction security team at UL, “Apple Pay — What do we know?” aims to “provide insight and knowledge that UL has gathered, in order to best inform all stakeholders involved.”

Tesco pilots QR payments

September 18th, 2014

UK-based supermarket giant Tesco is trialling a mobile payments service based on QR codes, Marketing Week reports. “The PayQwiq service is currently available at 16 of Tesco’s smaller Express stores in London, as well as at 26 of its Express, Metro and Superstore store formats in Edinburgh. It is currently only available to a small number of staff members as part of a trial, although there are plans to extend that to customers in October,” the article says.

SimplyTapp compares Apple Pay and Android HCE

September 17th, 2014

PARTNER NEWS: A new blog post from HCE specialist SimplyTapp explains how Apple is using tokens in its new Apple Pay NFC mobile payments service — and how that compares with the way tokens are used to enable Android phones to make NFC mobile payments using host card emulation (HCE). “The important concept that has gotten lost with the Apple announcement is that the concept of ‘tokenization’ as Apple Pay uses [it] is still the exact plan for tokenization in the Android space,” CEO Doug Yeager explains.

Apple Pay to get 0.15% transaction fee

September 16th, 2014

The kickback from card issuers negotiated by Apple for purchases made via its new Apple Pay mobile payments service amounts to 0.15% of the value of each transaction, the Financial Times reports. The “unprecedented deal” will give Apple “a share of the payments’ economics that rivals such as Google do not get for their services,” the article points out.

No Apple Pay for Walmart, Best Buy

September 16th, 2014

Owners of Apple’s new NFC-enabled smartwatch and iPhones will not be able to make Apple Pay mobile payments in either Walmart or Best Buy, the Wall Street Journal reports. The US retail giants are both members of merchant-led mobile wallet venture MCX which will launch its rival CurrentC wallet next year.

Weve drops wallet plans?

September 16th, 2014

UK carrier owned mobile commerce venture Weve has cancelled its planned mobile wallet service in the wake of the Apple Pay launch, The Telegraph reports. “A source at one mobile operator said Apple’s move meant it would have to write off gaining a share of payments from iPhone users, who represent about a third of the UK smartphone market,” the article says. Weve’s US equivalent, carrier joint venture Softcard, is continuing with its plans, however, and hopes to be available on NFC-enabled iPhones in 2015.

Apple confirms NFC chip lockdown

September 16th, 2014

Access to the NFC chip in the iPhone 6 and 6 Plus will be available only to Apple Pay, an Apple spokeswoman has told Cult of Mac. Whether that restriction applies only to the secure element or to all NFC functions, including tag reading/writing, is not yet confirmed, however.

Discover in talks on Apple Pay support

September 10th, 2014

“We are in discussions with Apple to add Discover cards to Apple Pay in the future,” a representative of the US payment network has revealed on Twitter. Visa, MasterCard and American Express have already signed up to enable mobile payments on Apple’s new NFC devices.

MasterCard issues European contactless POS mandate

September 10th, 2014

European merchants who accept either MasterCard or Maestro will be required to switch to contactless POS terminals by 1 January 2020, “ensuring that consumers will be able to pay with their contactless cards and NFC enabled devices at all point-of-sale (POS) terminals”, the payment network has announced. “New POS terminals must adhere to the new standard upon deployment as from 1 January 2016,” MasterCard adds.

iPhone, NFC and Apple Pay: How should banks react?

September 10th, 2014

PARTNER VIEWS: The launch of Apple Pay “is good news for US iPhone users who want to ‘tap to pay’,” Martin Cox, global head of sales at Bell ID, writes in a blog post. “But what about the majority of smartphone users who are using an Android device? What about those of us outside of the US? The good news, he says, is that “banks finally have clarity” on the preferred technology at the point of sale, and “for Apple’s primary market, the US, it’s also strong endorsement for the ubiquity of EMV.”

Apple posts PassKit payments dev guide

September 9th, 2014

Apple has posted a guide to iOS 8.0’s new Apple Pay mobile payment features in its developer library. “The PassKit framework adds support for payment passes and payment requests,” says the company. “Payment passes are added to Passbook by payment networks, such as credit card issuers and banks, and let the user select their account on that payment network to fund payments.”

Apple to offer rewards to mobile payment users?

September 9th, 2014

Apple is to pilot a merchant partnership program that “may be related to Apple launching a loyalty/rewards program”, Bank Innovation reports, citing “multiple sources with knowledge of the program”. While retailers will be part of the program, the report adds, “it may extend to other types of companies as well” with hotel chain Intercontinental Hotels Group believed to be among those involved in talks with Apple on the plan.

Twitter adds Buy button

September 8th, 2014

“Today we are beginning to test a new way for you to discover and buy products on Twitter,” group product manager Tarun Jain has announced in a blog post. “For a small percentage of US users (that will grow over time), some Tweets from our test partners will feature a ‘Buy’ button, letting you buy directly from the Tweet.”

Apple to use tokenization for mobile payments?

September 8th, 2014

“Apple will be utilizing near field communication (NFC) technology and tokenization technology in the new iPhone 6 and iWatch as a part of its payments initiative,” reports Bank Innovation, citing “sources close to Apple and with knowledge of Apple’s plans for its new smartphone”. Bloomingdale’s may also be a launch partner for the service, the report adds.

Rumoured Apple retail partner list grows

September 8th, 2014

The list of retailers that look set to accept Apple’s new mobile payments service now includes CVS and Walgreens according to Re/Code and Disney, according to 9to5Mac, which adds that Apple is installing additional Gimbal Series 20 Bluetooth beacons in its stores. Also expected to support Apple mobile payments, according to earlier reports, are Nordstrom, Macy’s and McDonalds with the launch date most likely to be 15 September.

Apple to include payments in Passbook?

September 8th, 2014

A series of videos from China purporting to demonstrate the next iPhone show a new Passbook icon on the home screen that includes a new stripe at the top with a card icon, indicating Apple’s new mobile payments service will be integrated with its existing wallet service, MacRumours reports.

Starbucks to expand mobile payments

September 5th, 2014

Coffee giant Starbucks is to use its digital payments expertise and online presence to introduce a range of new formats and services, the company says, beginning with the introduction of mobile ordering at its first Express outlet in New York in early 2015. Other opportunities being explored include “at-home coffee purchases”, “expedited merchandise” and “subscriptions for take-home or home delivery.”

Apple cuts deals with card issuers?

September 5th, 2014

Apple will be getting special rates from five US card issuers on mobile payments made by its device users, according to well-connected payments advisor Tom Noyes, and customers will use a combination of Bluetooth Low Energy (BLE), NFC and Touch ID to make payments in stores. “Apple wanted to launch the payment product with BLE (not NFC) but existing payment networks didn’t want to cause merchant chaos in fragmentation of acceptance infrastructure,” he says.

Page 3 of 5512345...102030...Last »