37 news stories.
• Should Stripe be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should Stripe be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
Merchants across France can now accept contactless card and mobile payments on their Apple iPhone without needing any additional hardware... More
Alaska Airlines has become the first in the US to roll out support for Apple’s Tap to Pay on iPhone software point of sale feature, enabling passengers to pay for beverages and food during their flight by tapping a flight attendant’s iPhone with their physical or digital contactless payment card... More
Merchants in the Netherlands can now use their Apple iPhone to accept contactless payments without needing any additional hardware... More
Merchants in the UK can now use their Apple iPhone to accept contactless payments, with no additional hardware required, Apple has announced... More
The number of payment cards issued via digital card issuance platforms worldwide will increase from 500m in 2023 to more than 1.3bn by 2027, according to a Juniper Research forecast... More
Petrol retailer BP and truck and bus manufacturer MAN are teaming up to pilot in-vehicle contactless payments at fuel stations across the UK... More
Merchants in the USA including fashion retailers Vince, Burton, G-Star and Scotch & Soda have begun enabling staff to accept in-store contactless payments on iPhones using Apple’s Tap to Pay software point of sale (sPOS) feature... More
Apple has added support for NFC peer-to-peer payments to its iOS 15.5 beta 2 release, enabling users to transfer money between iPhones with a tap, according to a tweet. ... More
Merchants in the US will soon be able to accept contactless payments on their iPhone via a “partner-enabled iOS app” without needing to connect their device to a payment terminal or other additional hardware, Apple has announced... More
Bank of Ireland, AIB, Permanent TSB and KBC Ireland are planning to launch a mobile payments service known as Yippay “to rival disruptors such as Revolut”, according to the Irish Independent... More
Facebook has unveiled a unified payments service designed to provide “a convenient, secure and consistent payment experience across Facebook, Messenger, Instagram and WhatsApp”... More
Visa, Mastercard, eBay, Stripe and Mercado Pago have followed PayPal in pulling out of Facebook’s Libra cryptocurrency project. The moves mean that PayU is now the only payments company to still be listed as a founding member of the Libra Association. More
Titan Security Keys: Now available on the Google Store — Google — “In July, we announced Titan Security Keys, Fido security keys built with a hardware chip that includes firmware engineered by Google to verify the keys’ integrity. Starting today, Titan Security Keys are available for purchase on the Google Store… Security keys can be used to authenticate to Google as well as Dropbox, Facebook, GitHub, Salesforce, Stripe, Twitter, and other services that support Fido standards.”
An API for creating cards and new business models — Stripe — “Stripe Issuing is an end-to-end platform for quickly creating, distributing, and managing physical and virtual cards… Stripe Issuing is certified directly with all major card networks as an issuing processor, which ensures reliability and rapid feature releases. It includes support for Apple Pay and Google Pay, allows programmatic dispute handling, and provides real-time authorization hooks.”
Conversations become actions in Outlook — Microsoft — “We will soon be introducing payments in Outlook to help users to pay bills or invoices, right in email, without needing to switch to another app or service. Powered by Microsoft Pay, payments in Outlook is a fast and secure way to pay from within email. To start, it will be supported by a number of payment processors including Stripe and Braintree, billing services including Zuora, and invoicing services including FreshBooks, Intuit, Invoice2Go, Sage, Wave, and Xero.”
Ending Bitcoin support — Stripe — “Transaction confirmation times have risen substantially; this, in turn, has led to an increase in the failure rate of transactions denominated in fiat currencies. (By the time the transaction is confirmed, fluctuations in Bitcoin price mean that it’s for the “wrong” amount.) Furthermore, fees have risen a great deal. For a regular Bitcoin transaction, a fee of tens of US dollars is common, making Bitcoin transactions about as expensive as bank wires.”
Stripe strikes global partnerships with China’s Alipay, WeChat Pay — Reuters — “‘If you are an internet business this unlocks a new vast customer base,’ John Collison, Stripe’s president and co-founder, said in an interview. In turn, Chinese consumers will have expanded choice as to which international online merchants they can purchase products and services from, he added.”
Android Pay has begun rolling out across Canada with support for eligible Visa and Mastercard credit cards from BMO Bank of Montreal, CIBC, Banque Nationale, Scotiabank, Desjardins, President’s Choice Financial, ATB Financial and Canadian Tire Financial Services as well as prepaid Scotiabank and Desjardins cards... More
Google and Stripe eye a slice of UPI pie in India — Economic Times — “Google is preparing to introduce its digital wallet, Android Pay, in India this year, anchoring the platform to the government-backed Unified Payments Interface as are other global companies including Stripe and WhatsApp… Google has started testing UPI on its Android Pay platform, said one person aware of the developments.”
Google has unveiled a new payment API that will allow customers to make payments through third party mobile apps, websites and the company’s voice-based Google Assistant using “any credit or debit card stored in their Google account” from across a range of services including Android Pay, Google Play and Google Chrome. The API will also let customers use a stored card to complete transactions via a new peer-to-peer (P2P) payments feature that will be added to the digital assistant. More