Apple Pay has gained a 98% satisfaction rate among those that have used the mobile payments service to make an in-store payment in the US, Auriemma Consulting Group’s Marianne Berry has told NFC World, adding that the average number of in-store Apple Pay purchases per week among all users now stands at 2.6. More
Mobile payment startup PaidEasy has announced a seed round of funding valued at US$2m... More
Indian mobile payment provider ToneTag, which enables contactless payments through mobile phones using sound waves or NFC technology, has raised US$1m from Reliance Capital... More
Mobile financial services provider Mobicash is to allow users in Pakistan to make NFC mobile payments at Wavetec vending machines following a trial... More
Standards body ECMA International has published updates to five NFC standards — ECMA-385, ECMA-386, ECMA-409, ECMA-410 and ECMA-411 — designed “to ensure the security of NFC communication and the confidentiality, integrity and authenticity of data transfer between devices”. More
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PayPal has launched the new version of its PayPal Here card reader, equipped with contactless, in the UK following its unveiling in March... More
Customers of Moldova’s Moldindconbank can now transfer funds from their accounts to individuals using ATMs equipped with OpenWay’s Way4 Cash by Code technology... More
The Canadian Bankers Association (CBA) has published a mobile payments white paper intended to “encourage the introduction and adoption of new and innovative mobile payments products and services in Canada without compromising the integrity of the Canadian payments infrastructure”... More
American Express is now allowing customers to add corporate credit cards to Apple Pay... More
Employees of Taiwan’s CTBC Bank have begun piloting an ATM that uses both a finger vein scanning solution from Hitachi and facial recognition technology to authenticate transactions... More
Average transaction amounts on iOS devices (US$124.47) were almost double those made on Android ($65.22) in 2014, research from Kount reveals... More
Indian advertising platform InMobi has unveiled Miip, a platform that can be integrated into mobile apps to allow users to make payments through buy buttons on product ads... More
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Bangalore-based Ezetap has raised Rs150crores (US$23.5m) to expand its mPOS solution of configurable mobile app and card reader that plugs into a merchant’s mobile device... More
Korean card issuers will adopt biometric recognition solutions from September following clearing from the Financial Services Commission... More
Hong Kong mobile network operator SmarTone has unveiled Kissco, an end-to-end mobile marketing platform incorporating Kiss Pay, a mobile payments service based on NFC and ultrasound technology, a Kiss Dollars loyalty program and Kiss Beacons to allow retailers to send out offers and promotions directly to customers’ smartphones from their stores. More
Mobile payment provider Flint has added a new feature to its platform that lets its business users create coupons and distribute them to Apple Wallet users... More
Only 49% of small business owners in the US that accept point-of-sale card payments today are aware of the EMV liability shift on October 1, with just 29% intending to make the change before the deadline and 34% intending to do so afterwards. More
Some 11% of US retailers have already integrated a loyalty program into a mobile payment app, while 40% plan to do so within the next two years and 20% in three to five years, research from Boston Retail Partners reveals... More
PARTNER NEWS: Visitors to France’s largest music festival Vieilles Charrues had the opportunity to pay for refreshments during the event using an NFC payment system developed by ticketing solutions provider Weezevent that incorporated NFC wristbands supplied by RapidNFC. More
India’s Axis Bank, HDFC Bank, ICICI Bank and State Bank of India (SBI) are to pilot a mobile payment service developed by Visa this summer that will let select customers make in-store, online and bill payments as well as send and receive money using their mobile devices. More