Financial products and services provider The Bancorp will offer open loop mobile prepaid cards that make use of host card emulation (HCE) to its European issuers in the fourth quarter of this year, through a partnership with mobile payment provider MeaWallet... More
US houseware and home furnishing retailer Williams-Sonoma has launched a four-part video series that uses YouTube’s new “shoppable” technology to allow its online shoppers to buy the showcased products with a click through Visa Checkout. The first video is now live online while the following three will follow later this summer... More
Visa Europe has confirmed that it will play a part in the the UK launch of Apple Pay and will give debit, credit and reloadable prepaid cardholders access to the payment system... More
Google won’t earn any transaction fees from credit card issuers for Android Pay, unlike Apple which receives 0.15% of the value of each credit card transaction made with Apple Pay, sources have told The Wall Street Journal.“That is because Visa and MasterCard recently standardised their tokenization card-security service and made it free, preventing payments services from charging fees to issuers,” the newspaper reports... More
One in five Europeans expects to use their mobile phone to make payments on a daily basis by 2020, growing from the one in ten who do so already today, research from Visa Europe has found... More
Visa has launched the Visa Digital Enablement Program (VDEP), a new service that builds on the company’s token technology and adds a “turn-key, toll-free commercial framework accessible to more than 14,500 Visa financial institution clients and technology partners around the world”... More
First West Credit Union has introduced the Dashband, a wearable payment wristband that comes equipped with Visa PayWave technology to allow wearers to make contactless payments. More
Google is to introduce a new NFC mobile payments platform called Android Pay with the release of Android M later this year, vice president of engineering Dave Burke has revealed during the Google I/O 2015 keynote. More
PARTNER NEWS: Conformance testing specialist Clear2Pay has been approved by Visa for its Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV-enabled contact and contactless payment devices in the US... More
Employees of Germany’s Postbank have begun piloting a mobile payment service based on host card emulation (HCE) that makes use of tokenization to allow NFC payments to be made at any Visa payWave terminal... More
More than four million customers have now signed up for Visa Checkout since its launch in July last year, and more than 125,000 merchants are now accepting the online checkout service along with 260 financial institutions globally... More
Orange Spain is to launch a new version of its Orange Cash service allowing users to pay with their smartphone at Visa contactless point-of-sale terminals and make online payments using one-time generated virtual cards... More
Visa is in preliminary talks to buy former subsidiary Visa Europe in a deal that may be valued at as much as US$20bn... More
Apple Pay will be supported by all major US credit card companies “beginning this fall” after Discover announced plans to join Visa, MasterCard and American Express in letting its cardholders add cards and make NFC payments using the mobile payments service... More
Vodafone customers in the Netherlands can now make NFC payments with a mobile version of a credit card... More
Australia’s AMP Bank has added HCE-based NFC mobile payments to its banking app for Android, allowing AMP Visa debit card holders to make payments with their phone at any contactless terminal... More
Vodafone customers in five major European markets will be able to use their Visa cards to make NFC mobile payments from the second quarter of this year with a new SIM-based service that makes use of tokenization technology. More
Turkey’s Türk Ekonomi Bankasi (TEB) has become the latest European bank to announce plans to launch a host card emulation (HCE) based mobile payments service using a tokenization platform unveiled by Visa Europe in February... More
Facebook users in the US will soon be able to make and receive secure mobile payments for free via the social network’s Messenger app... More
Finland’s largest financial services group is to add support for HCE payments to the mobile wallet app it introduced two years ago... More