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    Archive: News in brief

    Poppy Appeal gets contactless donations

    November 8th, 2016

    UK consumers can make a donation to The Royal British Legion’s Poppy Appeal by tapping their contactless card or NFC device against contactless donation tins in 13 branches of UK bank Natwest. The tins are being trialled in collaboration with Worldpay and Thyngs. “One tin, developed by Worldpay, doubles up as a contactless terminal charging £2 (US$2.48) per tap,” Worldpay says. “Another will feature Thyngs Styckers which uses mobile phone technology to instantly direct mobile users to a dedicated donation page.” Mobile donations are currently being trialled, with contactless card donations set to be piloted next week.

    Samsung Pay gets Sberbank support in Russia

    November 8th, 2016

    Customers of Russian bank Sberbank can now add their cards and make payments through Samsung Pay. “Beginning November 8, Sberbank customers with Mastercard credit or debit cards can register them for use with Samsung Pay,” Samsung says. With the new partnership, Samsung Pay is now available from seven major banks including Alfa-Bank, VTB24, MTS Bank, Raiffeisen Bank, Russian Standard Bank and Yandex. The mobile payment service launched in Russia last month.

    Cartes Bancaires certifies OT’s dynamic code cards

    November 8th, 2016

    French bank card association Cartes Bancaires has issued certification for a dynamic security code payment card developed by Oberthur Technologies. The OT Motion Code cards replace the three-figure security code on the back of plastic cards with a mini-screen displaying a code which automatically changes periodically to make online payments more secure. The cards were trialled by BNP Paribas in October 2015, following an initial trial conducted by French bank BPCE.

    Mobile payments account for 25% of all US Starbucks transactions

    November 8th, 2016

    Mobile payments now account for a quarter (25%) of all transactions processed in Starbucks stores across the US, with Mobile Order and Pay transactions representing 6% of the total, reaching 7% in September 2016. “Approximately 3,300 of our stores are handling 10% of their orders at peak through Mobile Order and Pay,” COO Kevin Johnson told investors during the coffee chain’s Q4 earnings call. “In 600 stores, Mobile Order and Pay represents over 20% of orders at peak, triple the number from last year.” The service was rolled out across the US in September 2015.

    Walmart Pay to add more payment options

    November 8th, 2016

    US supermarket giant Walmart is in talks with “several mobile wallet companies” to offer more payment options within its Walmart Pay QR code-based mobile payment service, the retailer tells Reuters. Walmart announced a deal with JPMorgan Chase last week that will allow its shoppers to check out through Walmart Pay using Chase Pay.

    Tatra Banka launches HCE and tokenization mobile payments in Slovakia

    November 8th, 2016

    Customers of Slovakian bank Tatra Banka can now make host card emulation (HCE) based mobile payments using their Android handsets. The MobilePay service, which makes use of tokenization, has been launched in partnership with Visa and is available to all customers with a Visa debit, credit, corporate or private card. Tatra Banka launched an NFC mobile payments service with Orange Slovakia and O2 in August 2013.

    CIBC to be Samsung Pay’s Canada launch partner?

    November 8th, 2016

    A screenshot taken by a Reddit user of the Samsung Pay app suggests Canadian bank CIBC will be the launch partner for the mobile payment service when it becomes available in the country some time this year. “Sticktoit360 wasn’t able to verify whether the tap and pay functionality of Samsung Pay actually works in Canada because they’re a BMO customer,” Mobile Syrup reports. Reports that the service was expected to go live in Canada in early November emerged last month.

    Capital One added to Android Pay support list in US

    November 8th, 2016

    Capital One has now been added to the list of banks and financial institutions supporting Android Pay in the US. There are now 438 such institutions supporting the mobile payments service, after another 37 were added to the list last week. The bank’s debit cards, plus Visa and Mastercard credit cards, are supported, according to Android Police, but not Partnership Credit, Visa corporate or non-US credit cards.

    Caffè Nero to build mobile payments with Yoyo Wallet

    November 8th, 2016

    Coffee chain Caffè Nero is to build a mobile payment and loyalty platform for its customers using technology supplied by QR code-based platform Yoyo Wallet. “The partnership, which will have implications for all Caffè Nero stores across the UK and Ireland, is Yoyo’s first significant step in taking their mobile wallet offering onto the high street,” Yoyo Wallet says. Yoyo began rolling out its service to university campuses in May 2014 and launched in private beta across the US in December last year.

    UK consumers say mobile payments are ‘life changing’

    November 4th, 2016

    More than one third of UK consumers (37%) describe mobile payments as “life changing” while 57% say the same thing for contactless transactions, research by UK bank Barclays reveals. “Shoppers are more likely to visit a store kitted out with virtual reality (57%), smart fitting rooms (57%) or augmented reality (52%),” the research also reveals.

    Ant Financial invests in Ascend Money

    November 4th, 2016

    Alipay parent company Ant Financial is investing an undisclosed sum into Thai online payment provider Ascend Money. “Together with Ant Financial, Ascend Money will grow its online and offline payment and financial services ecosystem and strengthen its trusted and convenient payment services for users and merchants,” Ant Financial says. Reports that Ant Financial was seeking to buy a 20% in Ascend Money emerged in June 2016. The company made a similar investment in Indian mobile payment platform Paytm in September 2015.

    Mobile payment transactions to grow 42% in 2016

    November 4th, 2016

    Mobile payment transaction volume will grow by 42% to reach 26.9m in 2016, up from 18.9m in 2015, Future Market Insights (FMI) reveals. This volume represents nearly US$768bn, up from US$549bn last year. “Payments made through NFC will witness the highest year-on-year growth rate, increasing at over 59% in 2016,” the research firm says. “SMS mobile payment transactions will witness a year-on-year growth rate of more than 28% and total US$385bn in revenues.”

    SIMalliance transfers Open Mobile API to GlobalPlatform

    November 4th, 2016

    Trade association SIMalliance is transferring ownership of its Open Mobile API (OMAPI) specification to standards body GlobalPlatform. “The OMAPI Specification defines how mobile applications may access different secure elements (SEs), including the UICC and embedded secure elements (eSEs) in a mobile device,” SIMalliance says. “This most recent move by SIMalliance will ensure that the technical specification continues to evolve in line with the wider secure chip ecosystem.”

    Mobile payments and IoT trends for smartwatches

    November 4th, 2016

    Internet of things, monitoring for insurance and mobile wallet expansion are three of the key emerging smartwatch app trends found in research by Parks Associates. Leading Smart Watch Apps: Insights into Wearable Use Cases also shows Apple Watch owners are more engaged with their devices than all other smartwatch owners. “The two primary smartwatch use cases are fitness tracking and notifications, but use cases such as mobile payments, smart home and security, and vehicle access are emerging,” says Chris Tweedt from Parks Associates.

    NEC aims for face recognition for payments by late 2017

    November 4th, 2016

    Japanese IT giant NEC is holding trials with banks and credit card companies to deploy facial recognition systems for payments, IT Wire reports. Such systems could be in public use by late 2017. Dr Hitoshi Imaoka from NEC told visitors to the iExpo exhibition in Tokyo there were still problems of accuracy to be overcome, including how to use the technology as people age.

    Nokia in ‘world-first’ NB-IoT trial over 4G network

    November 3rd, 2016

    Nokia and Finnish telecommunications company Sonera have successfully completed a trial using NB-IoT (Narrowband Internet of Things) technology over a commercial 4G mobile network. Information on temperature, humidity and air pressure was shared over Sonera’s 4G network in Helsinki, while a roaming device was also connected. In what is described as a “world first demonstration”, the trial showed how NB-IoT technology — which can enable billions of IoT devices to be connected — could allow companies to track mobile assets.

    National Express launches mobile ticketing service

    November 3rd, 2016

    Passengers on National Express bus services across the West Midlands in the UK can now buy monthly travel passes and have them validated directly on their smartphones. The service is making use of Masabi’s JustRide cloud-based mobile ticketing and fare collection system. “As part of the National Express deployment, Masabi will be using Mastercard Payment Gateway Services to enable simple, safe and secure in-app digital payments,” Masabi says. Future updates will enable riders to make payments through Mastercard’s Masterpass digital wallet.

    University students test M-Pesa NFC cards

    November 3rd, 2016

    Kenyan carrier Safaricom is trialling an NFC card with university students that enables them to make payments with a tap at any contactless terminal using their M-Pesa mobile money accounts. The cards, called Blaze M-Pesa, are being issued free of charge to “thousands of students,” Business Daily Africa reports. “The students can already make payments at several businesses at the Thika Road’s TRM Mall.” Safaricom began trialling NFC M-Pesa cards with its staff in July 2016. Reports emerged in March 2014 that Safaricom was working to add NFC to its M-Pesa service.

    Ecobank to roll out mVisa in 33 African markets

    November 2nd, 2016

    Pan-African banking group Ecobank has signed a memorandum of understanding (MoU) with Visa to roll out the mVisa QR code-based mobile payment service in 33 African markets by the end of 2016. “This MoU will help Ecobank reach 100m customers,” the company says. mVisa was unveiled in August 2015 through a pilot with Indian banks. Ecobank also signed an MoU with Mastercard last month to launch Masterpass QR mobile payments across Africa.

    LG unveils front-facing camera with built-in iris scanner

    November 2nd, 2016

    LG Innotek has unveiled an all-in-one module that functions as both a front-facing camera as well as an iris scanner which could be built into LG smartphones scheduled to launch next year, Korean publication Digital Times reports. It is not confirmed whether or not the module will be integrated into the company’s forthcoming LG G6 flagship smartphone, expected to be unveiled in spring 2017.

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