Cashless vending machine technology provider USA Technologies (USAT) has seen an 89% increase in revenue through contactless purchases at self-service machines running on its ePort Interactive platform as a result of digital advertising highlighting Apple Pay availability at the point of sale. More
USA
JPMorgan Chase joins ClearXChange
JPMorgan Chase has joined its US rivals in letting its customers transfer money in real time between financial institutions signed up to bank-led digital payments network ClearXChange... More
American Express speeds up EMV checkout
American Express has unveiled Amex Quick Chip, a technology that enables merchants to provide cardmembers with a “more seamless” experience when paying with their EMV chip cards at the point of sale... More
Samsung Pay launches in Australia
Samsung Pay has launched in Australia with support from American Express and Citibank. The service is available for those with compatible Samsung smartphones, with specific availability varying by local operator. More
Android Pay comes out on top in US survey
Android Pay tops the list of the most popular mobile payment services used by US consumers with 19% saying they have made an in-store payment via the service, research from Walker Sands reveals. More
Apple Pay to launch in France, Switzerland and Hong Kong and head to the web
Apple Pay is expanding to Switzerland, France and Hong Kong in the “next few months” and will be made available for online payments via an Apple Pay button that uses Touch ID for authentication, the company has announced during a keynote at its Apple Worldwide Developers Conference (WWDC). More
Shell to accept Chase Pay in all US locations later this year
Motorists will soon be able to pay for purchases from oil and gas company Shell using Chase Pay, the QR code-based mobile payment service unveiled by JPMorgan Chase in October 2015. Shell will accept Chase Pay in all of its stations across the US. More
Samsung Pay to begin rolling out across Singapore in June
Samsung Pay is to begin rolling out across Singapore on June 16, making it the first country in Southeast Asia to get the mobile payment service. It will launch with support from American Express, MasterCard and Visa and major banks. More
Visa signs up US banks for Visa Digital Commerce App
More than 40 US financial institutions have begun implementing the Visa Digital Commerce App, an issuer-branded mobile app that enables card management services such as account balance information, card controls and alerts... More
Stripe offers free processing with Android Pay
Payment processor Stripe is offering free processing for Android Pay payments in the US and across the UK for a limited time... More
MCX to end CurrentC pilot and disable all accounts
US retailer-led consortium MCX is concluding the pilot of its CurrentC mobile wallet at the end of June and will be disabling all user accounts. The company has “not yet determined the future timing of CurrentC”. More
China sees rapid growth in proximity mobile payments
The number of Chinese consumers making in-store mobile payments more than doubled last year and almost half of all smartphone users in the country will be making proximity mobile payments by 2020, according to research released by eMarketer... More
Apple Pay’s global impact remains “small”
Apple Pay has “made only a small dent in the global payments market” due to technical challenges, low consumer take-up and resistance from banks, according to a report by Reuters... More
Samsung Pay makes European debut in Spain
Samsung Pay has begun rolling out across Spain, making it the first European market where the mobile payment service is available. The service has launched with support from CaixaBank and ImaginBank and will also be available for customers of Abanca and Banco Sabadell “soon”. More
Survey reports on use of Apple Pay, Android Pay and Samsung Pay in the US
More than a quarter of US consumers (27%) with an eligible smartphone have used Apple Pay, Android Pay or Samsung Pay, according to research released by Auriemma Consulting Group (ACG)... More
US startup raises funds for multipurpose smart wallet
US startup Spendwallet is raising funds on Indiegogo for an electronic wallet device that can store up to 20 magnetic stripe cards and will let the owner make payments at the point of sale using the company’s self-developed Magnetic Flux Emulation (MFE) technology. More
Apple granted patent for device-based car keys
Apple has been granted a patent from the US Patent and Trademark Office for a service that would store vehicle keys on an iPhone... More
US and UK consumers warm to biometric authentication
More than half of US and UK consumers (52%) prefer to log in to online accounts using “modern authentication methods”, research from Gigya reveals, including 29% who favour two-factor authentication and 20% who prefer biometric authentication. More
Wells Fargo to add NFC-based mobile payments to banking app
Customers of Wells Fargo Bank across the US will soon be able to make NFC-based mobile payments and ATM withdrawals with a tap of their phone using the Wells Fargo Wallet, a mobile payment service expected to launch “later this summer”... More
50% of Americans use mobile banking
Half of US adults now use mobile banking, with the number of users increasing by 29m since last year, research released by Javelin reveals... More