The contactless spending limit of £20 (US$30) has risen to £30 (US$46) across the UK today... More
Archive: News in brief
Oxigen Wallet loyalty program partnership
Indian mobile wallet provider Oxigen Wallet has partnered with loyalty program provider PayBack to allow customers to earn PayBack points and redeem them as cash, to make online and bill payments... More
PayAnywhere reader supports Apple Pay
Credit card processor North American Bancard has introduced a new version of its PayAnywhere mobile credit card reader, which accepts Apple Pay, contactless NFC payments and magnetic stripe credit cards... More
SumUp raises €10m in funding
European mPOS company SumUp has announced €10m (US$11.2m) in funding from investors including BBVA Ventures and Groupon, taking the company’s funding total to €50m... More
Google invites for Project Soli tests
Google is notifying developers of an impending Project Soli Alpha DevKit and is asking those notified to fill out an application for the chance to receive one, Android Police reports... More
Cyber Group and Sensoro roll out beacons across Greater China
Chinese chain store operator Cyber Group has launched a joint venture with beacon platform provider Sensoro to roll out Bluetooth Low Energy (BLE) beacons across Japan and the Greater China region... More
$14.9bn biometrics market by 2024
The worldwide biometrics technology market will grow from US$2bn in 2015 to $14.9bn by 2024, research firm Tractica predicts... More
Samsung Pay opens US beta test
Samsung has begun inviting those eligible to take part in a Samsung Pay beta test in the US ahead of the mobile payment service’s launch next month... More
Google says Android Pay is coming ‘soon’
Google has broken its silence following speculation its Android Pay mobile payments platform was to be launched on August 26 by confirming it will be available soon... More
620m biometric app downloads by 2020
More than 620m mobile banking apps that support biometrics for customer authentication and transaction verification will be downloaded by 2020, research from Goode Intelligence predicts... More
PREIT installs BLE beacons in US malls
Retail shopping mall owner Pennsylvania Real Estate Investment Trust (PREIT) is to roll out Bluetooth Low Energy (BLE) beacons in its shopping centres in 12 US states, allowing retailers and brands to trigger offers and information in shoppers’ smartphones... More
NFC chip market to rise 50.6%
The global NFC chip market will grow at a compound annual growth rate (CAGR) of 50.6% by volume over the period 2014-2019, analysts from market research firm Technavio predict in the company’s ‘Global NFC Chips Market 2015-2019’ report... More
PayPal One Touch expansion
PayPal has extended its One Touch mobile payments solution to 13 new markets: Australia, Austria, Belgium, Denmark, France, Germany, Netherlands, Norway, Poland, Spain, Sweden, Switzerland and Turkey... More
Line Pay expands to Taiwan
Japanese instant messaging giant Line has released an initial list of Taiwanese stores at which its mobile payment service Line Pay can be used... More
80,000 cards added to Samsung Pay in Korea
More than 80,000 credit or debit cards have been registered on Samsung Pay in Korea since its launch last week... More
Gemalto and Mahindra Comviva scoop awards
PARTNER NEWS: Digital security specialist Gemalto and mobile financial services provider Mahindra Comviva have both picked up prizes in this year’s Juniper Research Future Digital Awards... More
‘Top priority’ for electronic and mobile payments
Fully converting payments to electronic, expanding card programs and adopting mobile/digital payments was the top priority for clients at the recent Bank of America Merrill Lynch Conference on Payments and Commercial Card... More
JCDecaux to roll out PowaTag across Denmark
Shoppers across Denmark will be able to make purchases from billboards, bus shelters and street furniture from outdoor advertising corporation JCDecaux subsidiary AFA JCDecaux via Powa Technologies’ mobile payments platform PowaTag... More
NFC Forum adds new members
The NFC Forum has added new associate, implementer and non-profit members, following the recent addition of Apple as a sponsor member... More
Swiss develop ‘Sound-Proof’ authentication
Swiss researchers have unveiled a two-factor authentication mechanism dubbed ‘Sound-Proof’ that uses the noise recorded by a user’s phone and the device he or she wants to log into to verify identity... More