Sweden-based mPOS provider iZettle has begun distributing a contactless-enabled terminal to select partners in the UK that will allow them to begin accepting NFC mobile payments, as well as contactless and chip and pin transactions... More
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
- Hello, NFCW readers!
MasterCard launches P2P payments service
MasterCard has unveiled a P2P payments service that lets consumers send and receive funds “within seconds” from “virtually any” US debit card account... More
Apple gets Concert Ticket+ patent
The US Patent and Trademark Office has granted Apple a patent for its Concert Ticket+ concept, first unveiled in 2010... More
US to get same day ACH payments
Members of the Electronics Payments Association (NACHA) have approved Same Day ACH (Automated Clearing House), an amendment to the NACHA Operating Rules that will enable same-day money transfer for “virtually any” ACH transaction... More
Apple Pay now live at nearly 300 banks and credit unions
Apple has added a further 35 financial institutions in the United States to its list of participating banks and credit unions, taking the total number of card issuers it works with to nearly 300... More
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Amazon’s Gauthier: NFC is “last century’s problem”
“Anyone working on NFC is focusing on last century’s problem,” Patrick Gauthier, the new vice president of payments at Amazon, has told Mashable in an interview in which he also indicates that he believes competitors in the mobile payments space — including Apple and Google — have “lost sight of what it is we’re here to do.” Until January, Gauthier headed up emerging retail services at PayPal, a company once anti-NFC which now appears to have changed its mind about the technology... More
Icahn: Apple Pay to generate US$3.3bn in revenues in 2017
Apple Pay will generate revenues of US$263m this year and that figure will increase to $3.3bn by the end of 2017, billionaire investor Carl Icahn has forecast. In an open letter to Apple CEO Tim Cook, he also states that the company is “undervalued” and that now is the “time for a much larger buyback”. More
US millennials lead the way for mobile payments
Some 41% of US millennials aged between 18 and 34 are now using mobile payments, compared to 18% of 35- to 44-year-olds, 14% of 45- to 54-year-olds, 10% of 55- to 64-year-olds and 8% of those aged over 65, research from POS supplier Harbortouch has revealed... More
Starbucks denies mobile payment hack
Starbucks has issued a statement denying its mobile payment app has been hacked, following a report by investigative journalist Bob Sullivan... More
Axis to make 50,000 terminals contactless in India
India’s Axis Bank is to enable all of its 50,000 merchant point-of-sale terminals to accept contactless payments by the end of this year in order to “facilitate significant usage of contactless NFC-based cards issued by all banks”... More
Beacons land at UK airports to send out offers and rewards
Eight UK airports are to roll out a network of 200 Bluetooth Low Energy beacons that will deliver notifications such as offers and rewards to passengers while they wait for their flights. The service is expected to be extended to other airports across the country in the future. More
Face++ raises $25m for selfie payments
Face++, the Chinese facial recognition technology startup behind Alibaba’s selfie payments service, has secured an additional $25m in a series B funding round, taking the total raised to $47m... More
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Apple in buy out talks with Clinkle?
Apple has reportedly been in acquisition talks with troubled mobile payments startup Clinkle amidst claims that seven of the company’s staff quit their roles last week following frustration with CEO Lucas Duplan... More
Alibaba signs up brands for QR-like dotless visual codes
Chinese ecommerce giant Alibaba has launched a platform for brands and product manufacturers that will enable them to place “dotless visual codes” on product packaging so that consumers can scan to check a product’s authenticity and get information, discounts and recommendations based on their preferences. More
Trader Joe’s gears up for Apple Pay
US grocery chain Trader Joe’s is reportedly gearing up to begin accepting Apple Pay NFC payments in its stores... More
Mountain America offers dual biometric log-in for mobile banking
Mountain America Credit Union has announced the beta release of a dual biometric log-in feature that lets its members access their mobile banking app either by scanning their finger or taking a picture of their eye, claiming to be the first to have combined fingerprint and eye-imaging technology in an attempt to make biometrics available to all of its mobile banking users. More
Samsung Wallet to close on June 30th
Samsung is to discontinue its Samsung Wallet service on 30 June 2015 as it gears up to roll out Samsung Pay later in the year... More
Google to launch mobile buy buttons?
Google is expected to add buy buttons to search results pages on mobile devices in the coming weeks that will guide consumers to product pages where they can pick sizes, colours and shipping options before completing a purchase... More
Samsung picks Oberthur for mobile payments in Europe
Samsung has chosen Oberthur Technologies for the deployment of Samsung Pay mobile payments in Europe later this year, utilising the technology provider’s Pearl secure element embedded in Samsung S6 and S6 Edge devices. More
Italian zoo visitors walk on the wilder side with iBeacon network
Visitors to Zoom Torino Biopark in Cumiana, Italy will be able to unlock information and rewards on their smartphones thanks to a network of Bluetooth Low Energy beacons that send location-based messages to their devices. More