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    Archive: News in brief

    Dutch contactless usage increases

    July 5th, 2016

    The number of contactless transactions made by Dutch consumers grew by 25% each month throughout 2015, the Dutch Payments Association has revealed. The Dutch payment method iDeal also recorded a 25% growth last year. The service lets consumers make payments by scanning QR codes.

    One in four US smartphone owners use mobile payment apps

    July 4th, 2016

    More than 25% of US smartphone owners make use of mobile payment apps at least once a month, research from Parks Associates reveals. “More than 3m retailers combined accept Apple Pay and Android Pay, but consumers currently prefer retailer-specific apps such as the Starbucks payment app,” the firm says. “The most dominant payment app is currently PayPal, which is used by one in five smartphone owners.” Retail branded apps take second place, followed by Google Wallet/Android Pay and Apple Pay in third.

    Worldline to support Alipay in Germany

    July 4th, 2016

    Payment processor Worldline is adding support for Alipay mobile payments in Germany. “The partnership allows Chinese tourists on trips to Germany to pay conveniently with their Alipay app at authorised retailers,” Worldline says. “The current pilot phases will be completed in July of this year and after that it will go live. The next step will extend the service to other countries.” Alipay partnered with payment provider Concardis to launch the service in Germany last month, marking its European debut after the company unveiled its expansion plans at Money20/20 Europe in April 2016.

    Retailers reward in-app Apple Pay purchases

    July 4th, 2016

    US retailers are offering discounts on in-app purchases made through Apple Pay until September as part of a recently launched iOS App Store promotion. “Hotel Tonight is offering a US$25 coupon for new customer bookings paid for with Apple Pay, while GrubHub is taking $10 off first-time orders,” AppleInsider reports. “Other notables include Ticketmaster, which is knocking 25% off ticket four-packs to select events, a $10 voucher for future purchases from Under Armour‘s UA Shop.”

    Facebook tests Messenger payments

    July 1st, 2016

    US consumers are testing a new service that lets them send money through Facebook’s Messenger chat app. “The company confirmed it has added a new option in its flagship app’s main navigation titled Send or Request Money,” TechCrunch reports. “The feature will move Facebook users into Messenger in order to manage payments.” The service is only available in the US for “the time being”. Reports that Facebook is also looking at letting users make in-store payments through Messenger emerged in May 2016.

    Jiffy signs up more than 350,000 users

    July 1st, 2016

    More than 350,000 Italians have now registered to use Jiffy, the P2P payment service launched by payment processor SIA in October 2014. “The average value of an individual transaction is around €52 (US$58), while transfers under €25 represent 44% of the total,” SIA says. “23 bank groups have joined the SIA P2P payments service since it was launched.” The service added support for in-store payments via QR code last month.

    Walmart Pay adds another 14 states

    July 1st, 2016

    US supermarket chain Walmart has rolled out its Walmart Pay mobile payment service to stores in another 14 US states, including California, New York, Pennsylvania, Idaho and New Mexico as well as states across New England and the Pacific North West. The QR code-based service launched in Arkansas and Texas last month and went live in a further 20 states last week.

    Canadian credit unions go live with Mobile Pay

    June 30th, 2016

    Canadian credit unions Affinity and Conexus in Saskatchewan, First West in British Columbia and Meridian in Ontario have become the first to launch Mobile Pay, the host card emulation (HCE) mobile payment service developed by trade body the Canadian Credit Union Association. The four credit unions revealed that they would be the first to launch the service — which makes use of a tokenization platform by Interac — in February 2016.

    Walgreens enhances paperless coupon feature

    June 29th, 2016

    Customers of US drugstore giant Walgreens can now redeem paperless coupons for online and in-store purchases and “clip” offers on product pages and in search results through the Walgreens mobile app. “Clipped offers are automatically saved to a customer’s Balance Rewards card and can be seamlessly applied in-store at checkout when a customer uses their Balance Rewards card,” Walgreens says. The retailer has also integrated its loyalty program with Apple Pay and Android Pay.

    Wells Fargo joins ClearXChange

    June 28th, 2016

    Customers of Wells Fargo in the US will soon be able to make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange. “Beginning August 1, Wells Fargo’s service will allow its customers to send funds in real-time at no cost to any customer of a bank that participates in the real-time service,” the bank says. ClearXChange was made available to all member financial institutions in June 2015. JPMorgan Chase also signed up to the service earlier this month.

    Kroger sues Visa over EMV authentication

    June 28th, 2016

    US supermarket chain Kroger has filed a lawsuit against Visa for allowing customers to verify EMV purchases with a signature instead of a PIN. “Kroger said the dispute began after it was informed by Visa that the configuration of its new terminals didn’t comply with Visa’s rules,” The Wall Street Journal reports. “Visa’s rules require merchants to allow customers to choose between a PIN and a signature verification.” Walmart also sued the payment network for its EMV signature authentication option in May 2016.

    ACI reports on mobile payments usage by Indian millennials

    June 27th, 2016

    More than two thirds of Indian millennials (67%) have purchased goods online and in-store using their mobile phone, research from ACI Worldwide reveals. “For those who shop using their mobile device, they do so more frequently — and with lower transaction values — than non-millennials,” the research firm says. “More than a third of respondents prefer alternative payments (e.g. PayPal, Alipay) for mobile-initiated purchases.”

    OT works on mobile payments rollout in France

    June 27th, 2016

    Oberthur Technologies (OT) is working with retail payment operator STET and Cartes Bancaires CB Group (GIE-CB), the regulatory body for the payment card system, to roll out mobile payment services in France. “Banks have commissioned STET and GIE-CB to work together to develop an industrial platform to enable banks to use this new payment method securely,” OT says. “By using OT’s Digital Enablement Platform (DEP), the customers of French banks will be able to use virtual payment cards stored in the digital wallets provided by manufacturers of compatible mobiles.”

    Coinbase adds PayPal and credit card support

    June 27th, 2016

    Bitcoin wallet Coinbase has added support for PayPal and credit cards. “Through this integration, Coinbase users are now able to sell Bitcoin and have their USD funds deposited to a PayPal wallet,” Coinbase says. “To start, we’re offering PayPal cash-out for US users only. In the future, we hope to add support for other countries, and to support buys through PayPal as well. Both services are currently in beta. We’ll invite more users to each service over the next few weeks.”

    RBI reveals framework for “less-cash” society

    June 27th, 2016

    The Reserve Bank of India (RBI) has released its framework for payment and settlement systems with a view to moving the country towards a “less-cash” society. Vision-2018 “reiterates the commitment of the Reserve Bank of India (the Bank) to encourage greater use of electronic payments by all sections of society,” RBI says. “Building a robust payments infrastructure in the country to increase the accessibility, availability, interoperability and security of the payment systems will continue to remain a key objective.”

    Amazon to expand Dash service despite “cool” response

    June 27th, 2016

    Amazon is to announce that it is adding “dozens of new brands” to its Dash push-button ordering devices despite “evidence that consumers are cool to them”, The Wall Street Journal reports. “Fewer than half of people who bought a Dash button since March 2015 have used it to place an actual order, estimates Slice Intelligence,” the publication says. “Those consumers who do order make a purchase roughly once every two months.” The Dash Replenishment Service was launched in January 2016.

    Alipay negotiating for stake in Wirecard

    June 27th, 2016

    Alipay is in negotiations to take a 25% stake in German payments technology provider Wirecard, according to German newspaper Bild. “At the talks, it comes to a share of up to 25%,” the publication reports. “Later, it could well be more.” Wirecard began rolling out support for Alipay mobile payments across Europe in December 2015 and worked with Alipay to add support for the service across Munich Airport earlier this month.

    Discover joins effort to speed up EMV checkout

    June 24th, 2016

    Discover has unveiled Discover Quick Chip, a new option for merchants to streamline the checkout process when customers pay with cards. “Discover Quick Chip will reduce the time a chip card needs to remain in the point of sale terminal, making the checkout process more convenient for merchants and cardholders,” the card network says. American Express also unveiled a similar offering earlier this month. Visa originally unveiled a feature designed to streamline EMV transactions in April 2016, closely followed by MasterCard.

    Amex bot notifies purchases through Facebook Messenger

    June 24th, 2016

    American Express customers will soon be able to get real-time notifications about their purchases through Facebook’s Messenger app after the company demonstrated how card members can “sign up to receive real-time notifications about their purchases and important information about card benefits and services related to those purchases via an Amex bot for Messenger”. Facebook Bots were unveiled in April to bring a range of new functions to the instant messaging app.

    Walmart Pay arrives in 15 more states

    June 24th, 2016

    US supermarket chain Walmart has launched Walmart Pay in 15 additional US states including Indiana, Iowa, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Dakota, South Dakota, Tennessee, Virginia and Washington DC. The QR code-based mobile payment service was also launched in Alabama and Georgia earlier this week, followed by Virginia, North Carolina and South Carolina.

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