Thursday 5 May 2016 | RSS

 
    Feedback
     

    Archive: News in brief

    US students get mobile order and pay

    March 24th, 2016

    Students at Missouri Valley College and Hannibal-LaGrange University can now order and pay for food and drink using their mobile devices. The Lucova Campus solution, provided by Lucova and Fresh Ideas Food Service Management, uses Bluetooth Low Energy (BLE) to bring up a profile image at the point of sale that the server can use to check a student’s identity. Southwestern College in Kansas also rolled out the white label solution in November 2015.

    Apple Pay to expand to mobile websites?

    March 24th, 2016

    Apple Pay will be available as a payment option on mobile websites “before this year’s holiday shopping season”, Re/code reports. “The service will be available to shoppers using the Safari browser on models of iPhones and iPads that possess Apple’s TouchID fingerprint technology,” the publication says. “Apple has also considered making the service available on Apple laptops and desktops too, though it’s not clear if the company will launch that capability.”

    Tencent reports major increase in mobile payment users

    March 23rd, 2016

    Chinese internet giant Tencent has reported that the number of monthly active users (MAU) of its mobile payments services has increased by seven times over the last year. Its QQ Wallet was used to exchange 6bn red envelopes during the Lunar New Year holidays and Weixin Pay was used to exchange 32bn red envelopes over the same period, up nine times on a year ago. “For Weixin and WeChat together, MAU reached 697 million at the end of 2015, representing YoY growth of 39%,” Tencent says.

    FreeCharge adds chat payments to mobile wallet app

    March 23rd, 2016

    Indian consumers can now make payments to merchants and to friends and family using Chat and Pay, a messaging service built into the main FreeCharge mobile wallet app. “Merchants can now accept payments by registering their bank account number, geolocation and choose a custom identifier — a #paytag to allow customers to identify their service area through their FreeCharge app,” the company says.

    Two billion smartphones to come with fingerprint sensors by 2021

    March 23rd, 2016

    The global biometrics market will reach more than US$30bn by 2021, representing a 118% increase from 2015, according to a new forecast from ABI Research. “Consumer electronics, particularly smartphones, continue to boost the biometrics market, with embedded fingerprint sensors anticipated to reach two billion shipments by 2021, at a 40% compound annual growth rate (CAGR),” the firm says.

    Sberbank enables cardless cash withdrawals in Kazakhstan

    March 23rd, 2016

    Customers of Sberbank Kazakhstan can now withdraw cash without a card at any of the 900 Sberbank ATMs across the country that have been integrated with OpenWay’s Way4 Cash technology. “Customers specify the withdrawal amount and a cell phone number via the Sberbank Online system,” OpenWay says. “A two-part code is generated. The customer receives the first part via Sberbank Online and the second part via an SMS message. To withdraw the funds, the customer enters both parts of the code.”

    Indosat Ooredoo to launch NFC payments in Indonesia

    March 22nd, 2016

    Telecoms provider Indosat Ooredoo is to launch an NFC-based mobile payment service in Indonesia next month, Detik iNet reports. The move will see the company introduce a D Tap contactless payment card that can be linked to an NFC SIM card to enable payments to be made on a mobile device. The service “can be used by any bank clients and users of any telecommunications operator,” the publication says.

    ABN Amro lets customers update debit card settings via mobile

    March 22nd, 2016

    Customers of Dutch banking group ABN Amro can now change the settings on their debit cards via its mobile banking app. “Clients travelling outside Europe can change their payment profile setting from Europe to World using their phone so that they can immediately withdraw cash from ATMs and pay with their debit card,” the bank says. “Another setting that clients can now adjust via the app is their ATM and POS limit.”

    Apple unveils iPhone SE with Apple Pay and Touch ID

    March 21st, 2016

    Apple has announced a new, entry level iPhone that includes “an NFC radio and a secure element”, a Touch ID fingerprint sensor and support for Apple Pay. The 4-inch iPhone SE comes with Apple’s latest A9 processor and M9 motion coprocessor, making it as powerful as the iPhone 6S, and features a 12-megapixel camera. The iPhone SE will begin shipping on 31 March.

    Visa Europe launches ‘Cashfree and Proud’ campaign

    March 21st, 2016

    Visa Europe has enlisted the help of UK actors Brian Blessed and Joanna Lumley to promote contactless payments through a ‘Cashfree and Proud’ campaign that will run from March to May. “The campaign is focused on encouraging consumers who are light contactless users, or those who are yet to use contactless in their daily lives, reassuring them of the ease and simplicity of use,” Visa says. “The campaign includes ads across radio, digital, social and outdoor, at high impact sites.”

    One in four Norwegians use P2P payments app Vipps

    March 21st, 2016

    A quarter of Norway’s population is now using Vipps, a P2P mobile payment solution launched by financial services group DNB and Tata Consultancy Services (TCS) in May 2015. “85% of Norwegians know about the P2P payments platform and it is the number one downloaded app in Norway,” TCS says. “Vipps makes mobile payments as simple as sending a text message and is available for use on all mobile devices. Another key feature is that it allows short chat messaging between the users.”

    Apple Pay adds US and Chinese banks

    March 21st, 2016

    Apple has added another 48 banks and credit unions to its list of Apple Pay supporting financial institutions in the US and a further three banks in China, “notably including Ally Bank, one of the last major national US banks that had not supported the mobile wallet technology,” Macnn reports. “The three new Chinese banks that have added support for Apple Pay are China Everbright Bank, Huaxia Bank and Ping An Bank.”

    MobiKwik lets mobile wallet users find local merchants

    March 21st, 2016

    Indian mobile wallet service MobiKwik has added a new feature to its app that lets users search for locations where the service can be used to make in-store payments. “With immediate effect, more than 10,000 MobiKwik partner retail stores would now be visible to the users on the ‘Explore Nearby’ tab,” the company says. “Users can also view existing offers at these outlets and pay via MobiKwik to redeem it.” WHSmith India began accepting MobiKwik in July 2015 and was shortly followed by Big Bazaar.

    Digital payments to increase 20% in 2016

    March 21st, 2016

    Consumers will spend more than US$3.6trn using online, mobile and contactless payments services this year, up 20% from US$3trn in 2015, according to Juniper Research. “While cards will account for 90% of contactless payments over the next five years, the deployment of NFC payments by high-profile players such as Apple and Samsung would increase consumer awareness and usage of smartphones to fulfil transactions,” the firm says.

    Jiffy reports 300,000 P2P payments users

    March 21st, 2016

    More than 300,000 Italians have registered to use P2P payment service Jiffy since it was launched by payment processor SIA in October 2014. “The average value of a single transaction is €44 and around 50% of the transfers are for sums under €25,” SIA says. “23 bank groups, of which four since the beginning of 2016, have subscribed to SIA’s P2P payment service since its launch on the Italian market. Once all the banks are active, the service will therefore be accessible by over 32m Italian current accounts, equal to around 80% of the total.”

    Swatch to focus on mass market smartwatches

    March 18th, 2016

    Luxury watchmaker Swatch will focus its smartwatch activities on its plastic Swatch brand before considering the technology for its pricier models. “Making progress in the smartwatch market is crucial for Swatch, which is seen as the most vulnerable of the Swiss watchmakers to inroads by the Apple Watch and similar watches produced by Samsung Electronics and others,” The Wall Street Journal reports. The company launched its first NFC payments watch, the Swatch Bellamy, in China in October 2015.

    German debit cards move towards NFC

    March 18th, 2016

    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. “The transaction was made using a smartphone and a POS terminal with NFC, initiated and successfully authorized by the Girocard system,” the carrier says. “In a next step, the partners explore concrete possibilities of joint implementation in the market.”

    Mobile payments to replace cash and cards by 2030?

    March 18th, 2016

    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. The biggest concerns with mobile payments today are payment information hacks (46%), unauthorized payments processed by a mobile payment provider (33%) and accidental payments made via NFC or QR codes (13%).

    Swisscom enables carrier billing for online purchases

    March 17th, 2016

    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. “With a simple API integration, retailers of physical goods will be able now to offer Swisscom Direct Carrier Billing (Easypay) as a new payment method for customers,” Docomo Digital says. “The first retailer that will use the solution is MediaShop Group.”

    Apple Pay to launch in Switzerland?

    March 17th, 2016

    Apple is preparing to launch Apple Pay in Switzerland, a filing with the Swiss Federal Institute of Intellectual Property suggests. “Apple’s new entry is well hidden,” finews.ch reports. “The company has only the brand logo of Apple Pay now enabled — a legal trick to avoid waking the competition.”

    Page 5 of 113« First...34567...102030...Last »