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    Archive: News in brief

    Visa Checkout coming to Braintree merchants

    September 7th, 2016

    Visa Checkout will soon be offered as a service for US retailers using the PayPal-owned Braintree payments platform. “Visa Checkout will be available to US merchants through Braintree’s SDK in early 2017,” PayPal says. “Visa Checkout now has more than 14m consumer accounts. Hundreds of thousands of merchants and more than 900 financial institution partners now offer Visa Checkout in 16 countries around the world; expansion into five additional European countries and India will take place by the end of 2016.”

    UK consumers save years using contactless

    September 7th, 2016

    UK consumers collectively save an average of 34 years of time every month by paying with contactless cards, research from Card Cutters reveals. “It takes the average person less than five seconds to transact when using a contactless payment card, with this timespan doubling for payments using a chip and PIN card,” the company says. “Women pay quicker using contactless than men (71% versus 65% taking under five seconds), while 53% of those using chip and PIN cards take longer than 10 seconds to pay.”

    Apple Watch 2 features relocated NFC chip

    September 7th, 2016

    UK repair shop Byte has conducted a teardown of the Apple Watch 2 device, revealing an NFC chip incorporated in its display. “What appears to be the touchscreen controllers are sandwiched between the NFC chip on one side and capacitors on the other, a build that differs from the first generation devices,” MacRumors reports. “It’s not clear why NFC has been relocated to the display assembly, but it may save some internal space.” More details may be unveiled at Apple’s annual iPhone event at 5pm GMT on 7 September.

    HSBC offers selfie security checks

    September 6th, 2016

    Customers of UK bank HSBC can now complete ID security checks by scanning their face using a mobile phone. “The mobile application works through utilizing facial tracking technology to capture an initial headshot or selfie of a customer,” HSBC says. “The headshot is then assessed against an ID document uploaded by the customer, such as a driver’s licence or passport.”

    NFC satisfaction high among US users

    September 5th, 2016

    Nearly half of US millennials (45%) have made an NFC mobile payment, compared to 26% of non-millennials (those aged over 35), research from mobile POS provider Square reveals. “The consumers who use NFC are really into it — most cite it as their ideal payment method above credit cards,” Square says in a blog post. 77% of the 1,000 consumers surveyed have not yet tried NFC mobile payments. Nearly 75% of cards processed on Square now contain a chip, up from around 40% in September 2015.

    NFC transport payments to pilot in Adelaide

    September 5th, 2016

    Commuters in Adelaide, Australia will begin trialing NFC mobile and contactless card payments for transportation in 2017, according to tender documents issued by South Australia’s Department of Planning, Transport and Infrastructure (DPTI) and seen by ITNews. The pilot will run for three months on a “selected transport route for a controlled test group of users” with a view to a full public roll out.

    Rail operator to trial BLE payment

    September 5th, 2016

    UK railway operator Chiltern Railways is to pilot an automatic fare payment system to detect when a passenger boards a train and exits a station. The initiative will utilize smartphones and Bluetooth Low Energy (BLE) beacons, the company confirmed to NFC World, and deduct fees from passenger bank accounts when journeys are completed. The trial is expected to begin in December 2016.

    Wirecard eases Alipay acceptance in Europe

    September 2nd, 2016

    German technology provider Wirecard has launched an app allowing European retailers to accept Alipay QR code mobile payments from Chinese tourists. “Retailers will soon be able to download the Scan Alipay iOS app from the app store,” Wirecard says. “An Android version will follow in the course of this year. The app will be taken up predominantly by catering establishments and clothing retailers.” Wirecard began rolling out support for Alipay mobile payments across Europe in December 2015. In June 2016 it was reported that Alipay is in talks to negotiate a 25% stake in Wirecard.

    MDM Bank launches HCE in Russia

    September 2nd, 2016

    Customers of Russia’s MDM Bank can now make host card emulation (HCE) based mobile payments using the bank’s mobile banking app. The service is currently available for Mastercard customers only and makes use of OpenWay’s Way4 HCE and tokenisation technology. “Using the MDM Bank mobile app, customers can now pay from their Mastercard account with no need to enter a PIN code or additional app password or even to activate the application before payment,” OpenWay says.

    ClearXChange to rebrand as Zelle

    September 1st, 2016

    Early Warning’s bank-led digital payments network ClearXChange is set to change its name to Zelle. “The banks plan to launch the new brand at a payments industry conference in October,” The Wall Street Journal reports. “The new name has been in the works for several months and could still change if last minute difficulties arise.” ClearXChange was made available to all member financial institutions in June 2015.

    MTS launches NFC mobile payments

    September 1st, 2016

    Customers of Russian mobile network operator MTS can now make NFC mobile payments using the carrier’s new MTS Money service, which enables users to upload virtual banking cards, public transport tickets and discount coupons. “MTS subscribers will be able to upload their MTS Money banking card into the app or register a new one without visiting MTS offices,” MTS says. “The balance of the card can be replenished directly through the app from the cards of other banks.”

    Sharp rise for Apple Pay and Android Pay

    September 1st, 2016

    Online and in-app purchases made via Apple Pay and Android Pay will reach US$8bn in 2018, up from $540m this year, Juniper Research predicts. “Staples, for example, has already reported that over 30% of its iOS app users make in-app purchases through Apple Pay,” the firm says. “Meanwhile, despite the continued contraction of the consumer tablet market, more than 85% of remote goods payments are forecast to be made using mobile devices in 2021.”

    Android Pay heads to Japan

    September 1st, 2016

    Google is collaborating with financial services giant Mitsubishi UFJ Financial Group to launch its Android Pay mobile payment service in Japan this autumn. “Android Pay initially will incorporate debit cards issued by Bank of Tokyo-Mitsubishi UFJ,” Nikkei reports. “The digital wallet also will use credit cards issued by Mitsubishi UFJ Nicos by year’s end at the soonest. Google is negotiating with East Japan Railway Company, NTT Docomo, Rakuten, JCB and other Japanese digital money providers to make their reader systems compatible with Android Pay.”

    Oberthur unveils Flybuy wearables

    September 1st, 2016

    Oberthur Technologies (OT) has unveiled Flybuy, a range of devices that add NFC payments to existing wearables. The range includes a Flybuy Mini Fob — a very small contactless card with a boosted antenna that can be inserted into a wristband, keychain or specially adapted fitness tracker or watch — and a Flybuy Secure Element, allowing OEMs to be embedded directly at the manufacturing stage. “They can be used for payment but also for public transport and access control,” OT says.

    Gear S3 smartwatch comes with Samsung Pay

    September 1st, 2016

    Samsung has unveiled its latest smartwatch, the Samsung Gear S3, which includes support for Samsung Pay. “Now, Gear S3 users in select markets can use their smartwatch to make a purchase almost anywhere they can swipe or tap with Samsung Pay,” the company says. The mobile payment service launched in beta for Gear S2 watches in July 2016.

    ING Direct allows donations with Android Pay

    August 31st, 2016

    Australian bank ING Direct has begun supporting Android Pay and is donating $1 (US$0.75) to the Ability Mate charity every time someone makes a purchase using the service. “While our customers are using technology to make their lives easier, they will in turn be contributing towards an amazing technology platform that can make a huge difference in the lives of those living with disabilities or mobility issues,” says the bank’s John Arnott.

    Xiaomi to launch Mi Pay on 1 September

    August 31st, 2016

    Chinese handset maker Xiaomi will launch its Mi Pay NFC-based mobile payment service on 1 September, in collaboration with bankcard association China UnionPay. “It can be linked to credit cards and debit cards from 10 banks,” China Daily reports. “With Mi Pay, consumers can also use smartphones as transportation cards.” Xiaomi unveiled Mi Pay earlier this month, after reports emerged in April that the company was working with China UnionPay.

    ANZ adds Mastercard support to Apple Pay

    August 30th, 2016

    More than 500,000 customers of Australia’s ANZ bank can now add their Mastercard credit cards to Apple Pay. The bank went live with support for Visa cards in April 2016. Some 250,000 ANZ customers are now using the mobile payment service, according to the Australian Financial Review.

    Google Wallet gets automatic transfers

    August 30th, 2016

    An update to Google Wallet is adding support for automatic transfers to bank accounts. “Users will now be able to select a bank account or debit card for automatic transfers within the app or via the web,” TechCrunch reports. “Once enabled, you won’t have to manually cash out money from your Wallet balance — it will just automatically become available.” The update will begin rolling out gradually this week. Google relaunched Google Wallet as a P2P payment solution in September 2015.

    Coles backs Australian banks versus Apple

    August 30th, 2016

    Supermarket giant Coles is backing the group of Australian banks seeking power to “collectively negotiate” with third party mobile wallet providers. “We believe the ability to tailor solutions for customers and provide them with greater value should be the driver for customer choice and not a technical lockout,” says the retailer in a submission to the Australian Competition and Consumer Commission (ACCC). Earlier this month the ACCC ruled that it would not grant the banks interim authorization to collectively negotiate.

     

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