More than 300,000 Italians have registered to use P2P payment service Jiffy since it was launched by payment processor SIA in October 2014... More
Archive: News in brief
Swatch to focus on mass market smartwatches
Luxury watchmaker Swatch will focus its smartwatch activities on its plastic Swatch brand before considering the technology for its pricier models... More
German debit cards move towards NFC
Vodafone Germany has demonstrated at CeBIT 2016 the first NFC mobile payment transaction made with a Girocard — the most common debit card in the country— stored in a Vodafone Wallet... More
Mobile payments to replace cash and cards by 2030?
Seven in ten consumers (70%) believe that 2030 will be the year that mobile payments become secure enough for traditional payment methods such as cash and cards to no longer be required, the IEEE’s Global Cyber-security Survey has found... More
Swisscom enables carrier billing for online purchases
Customers of Swiss mobile network operator Swisscom can now pay for goods online by charging the cost to their phone bill through a partnership between the carrier and Docomo Digital, a division of Japanese carrier NTT Docomo... More
Apple Pay to launch in Switzerland?
Apple is preparing to launch Apple Pay in Switzerland, a filing with the Swiss Federal Institute of Intellectual Property suggests... More
Digiwell implants NFC chips at CeBIT
Visitors to this week’s CeBIT show in Hanover, Germany, can get an NFC chip implanted into their hand by visiting the Digiwell stand... More
American Bankers Association calls for tokenization and biometrics
The American Bankers Association’s Card Policy Council is calling for all consumer-facing industries to implement the latest payment protection technologies, including EMV chip cards, tokenization and biometrics... More
Waitrose trials ‘scan as you shop’ mobile app
Customers at upmarket UK supermarket chain Waitrose are trialling a ‘scan as you shop’ mobile app in three branches that lets them scan product barcodes on their phones as they place goods in their basket... More
Mahindra Comviva powers HCE payments at ICICI
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has supplied the technology behind the host card emulation (HCE) based payments feature in ICICI Bank’s Pockets app, which was announced earlier this week... More
Amazon files selfie pay patent
Amazon has applied for a patent that would enable consumers to authenticate a transaction by taking a picture of their face... More
Coca Cola to launch vending machine loyalty programme
Coca Cola is planning to launch a loyalty programme at select vending machines this spring that would let customers accumulate points to earn a free drink... More
Capital One integrates with Amazon’s Alexa
Capital One customers can now check their balances, pay bills and track their spending by talking to Alexa, the virtual assistant on Amazon’s Fire TV and Echo home shopping device... More
Paytm aims to sign up 4m stores in India for mobile payments
Indian mobile payments platform Paytm plans to double its in-store merchant acceptance to four million locations this year, the company’s CEO has told Economic Times... More
MegaFon closes P2P payments service
Russian mobile network operator MegaFon has closed its MegaFon Money P2P mobile payment service in favour of supporting Qiwi Wallet, which integrated host card emulation (HCE) support in August 2015... More
Visa Checkout lets users slide to pay
Shoppers can now complete online purchases through Visa Checkout by sliding a virtual image of their credit, debit or prepaid card across the screen of their smartphone... More
Verizon to support Samsung Pay
Verizon has confirmed that its Samsung Galaxy S7 and Galaxy S7 Edge devices will come equipped with Samsung Pay, despite reports earlier this week that the mobile network operator had disabled support for the mobile payments service... More
Square “betting big on NFC”
Square has received more than 350,000 pre-orders for its contactless chip reader, CEO Jack Dorsey revealed during the company’s fourth quarter earnings call... More
People’s United Bank adds Samsung Pay
Customers of People’s United Bank in the US can now add their debit cards to Samsung Pay... More
Proxama discusses Visa’s new cloud-based payment specs
PARTNER NEWS: A blog post by mobile commerce provider Proxama discusses the implications of Visa’s updated cloud-based payments specifications which include a requirement for issuers to migrate from alternate PANs to tokenization... More