Swatch will launch its first watch containing an NFC chip within two months, CEO Nick Hayek has announced — and deals signed with China UnionPay as well as one other payments network mean that owners will be able to use their watch to make payments around the world... More
Visa is to launch NFC payments services based on host card emulation with “several leading financial institutions around the world” in the coming months, with BBVA and Cuscal already live... More
“Tokenization does a couple of things brilliantly; one is it really helps on facilitating innovation, facilitating the use, for example, of mobile phones for payments,” Visa Europe’s Sandra Alzetta told NFC World following the payment network’s announcement of plans to launch a customised tokenization platform to European banks in April... More
Pizza Hut is testing a proof-of-concept “connected car” system that would let its customers order and pay for pizza from their vehicle before identifying themselves when arriving at the restaurant through Bluetooth beacons placed in designated parking bays... More
Android users can spend their iPhone-owning friends’ money using a new app that can capture NFC payment transaction tokens from other devices and hold onto them before spending them later. More
Samsung’s new flagship handsets, the Galaxy S6 and Galaxy S6 Edge, include an embedded secure element (eSE) from Oberthur Technologies... More
Owners of Samsung’s new Galaxy S6 flagship phone will be able to make mobile payments at merchants equipped with both legacy magnetic stripe card terminals and those with contactless POS terminals, Samsung boss JK Shin has revealed... More
Bulgaria’s First Investment Bank is joining forces with MeaWallet to provide the bank’s customers with a mobile payments service which uses cloud-based security and host card emulation (HCE) technology... More
More than a million JPMorgan Chase cards have now been activated for use on Apple Pay since the mobile payment service launched last year, the bank has revealed, and 69% of the activated cards are credit cards... More
Visa Europe is to launch a tokenization service “customized for the needs of the European market”, the payments network has announced... More
Australia is to become the second country after the US in which Visa Inc will roll out tokenization... More
An estimated 9.5m NFC-ready point-of-sale (POS) terminals were shipped worldwide in 2014, research from Berg Insight has revealed, and the company forecasts that the global installed base of NFC-ready POS terminals will grow at a compound annual growth rate of 28.4% from 21.4m in 2014 to 74.9m in 2019... More
Visa is to expand its Visa Token Service to more regions, to a range of mobile devices and to online transactions made using its Visa Checkout service in 2015, the payments network has announced, “helping to prevent exposure of sensitive consumer account information in online and mobile payments.”... More
Visa has launched Visa Mobile Location Confirmation, a service that works through a participating bank’s mobile banking app to determine whether a payment request is legitimate or not by matching a phone’s location to the location of a payment transaction... More
Visa Europe is to invest more than €200m a year in new payments technologies to accelerate the growth of digital payments, the payments network has announced... More
MasterCard is to incorporate tokenization technology into its MasterPass digital wallet in the near future, CEO Ajay Banga has told analysts during the payment network’s 2014 year end earnings call... More
“We continue to see good success with Apple Pay,” Visa CEO Charlie Scharf has told investors during the company’s first quarter earnings call... More
Prepaid card issuers using Cachet Financial Solutions’ Select Mobile Money white label platform can now offer their customers a way to charge Apple Pay transactions to their prepaid account balance, the company has announced... More
Apple Pay now accounts for more than two-thirds of Visa, MasterCard and American Express contactless payments by value across the US, Apple CEO Tim Cook has revealed during a first quarter earnings call... More
Taiwan Mobile Payment Co (TWMP), the consortium of regional banks bringing NFC payments to market in Taiwan, is to use Oti Wave, the NFC payment dongle developed by On Track Innovations... More