What's New in Payments

NFC mobile payments users triple in Poland in a year

Polish banks have almost 600,000 customers using smartphone contactless payments — Cashless.pl — “At the end of September almost 590,000 customers used Android Pay or HCE payments. That means an increase of 180,000 compared to June, when approximately 410,000 used mobile payments, and an increase of over 400,000 compared to September 2016, when banks stated that they have approximately 175,000 HCE users.”


What's New in Payments

Mastercard promotes contactless card usage with free school meal donations

Every pay as you go journey in London made using a Mastercard will feed a child this October — Mastercard — “Touch in and out with your Mastercard on London’s transport network and we’ll provide a meal for one of the world’s hungriest children… For three weeks Mastercard will donate one school meal for every pay-as-you-go journey made on Transport for London (TfL) and National Rail Services in London using a contactless Mastercard, or a Mastercard loaded into Apple Pay, Android Pay or Samsung Pay… Each school meal costs just 20p, but the benefits last a lifetime.”


What's New in Payments

Wells Fargo adds NFC cash withdrawals at 5,000 ATMs

More than 5,000 Wells Fargo ATMs launch NFC-enabled mobile wallet capability — Wells Fargo — “A customer can initiate an ATM transaction by signing into leading mobile wallet features, such as Wells Fargo Wallet for Android, Apple Pay, Android Pay or Samsung Pay, found on mobile phones. They simply hold their phone or wearable device with mobile payment functionality near an NFC-enabled ATM terminal… The customer will then input their Wells Fargo Debit or EasyPay card personal identification number (PIN) and complete their transaction.”



What's New in Payments

Sberbank lets customers pay via Telegram messaging bots

Sberbank and Telegram create unique payment solution — Sberbank — “The solution allows payments to be accepted from MasterCard, Visa and Mir bank cards. In addition, in a first for Russia, it is now possible to pay using Apple Pay and Android Pay within Telegram bots. This means that now Sberbank partners can easily accept payments as well as orders via Telegram bots.”


What's New in Payments

American Express launches mobile-first credit card in Canada

American Express goes mobile-first with its new millennial-facing credit card — IT Business Canada — “According to AmEx director of new product development Laura Cocksedge, the card was designed start to finish as a mobile-first experience, with users able to use the Cobalt’s accompanying app to register for the card, verify their identities, track their spending, and use it with mobile payment platforms including Apple Pay, Android Pay, and American Express’s own AmEx Pay.”


What's New in Payments

Banks back government-led Taiwan Pay QR payments service

Banks offer ministry’s Taiwan Pay services — Taipei Times — “Taiwan Pay aims to provide more convenient, quicker payment services using QR code technology via smartphones, which have become a necessity in daily life,” deputy minister of finance Su Jain-rong told a news conference… The ministry spearheaded the development of Taiwan Pay to help the nation become a regional technology hub and to compete with Apple Pay, Samsung Pay and Android Pay.”



What's New in Payments

CBA to support Garmin Pay wearable payments in Australia

Commonwealth Bank announces new ways to pay with Android Pay and Garmin Pay — Commonwealth Bank of Australia — “In June this year we saw weekly transactions across the CommBank app hit A$6.1bn (US$4.89bn) so we know customers love using their phones to make payments and do their banking. Since 2013 our customers have been able to use their smartphones to make payments. By offering customers the ability to pay with Android Pay and with their Garmin smartwatches we are combining choice and convenience.”



Transit Ticketing Today

Singapore to add mobile options to contactless transit payments trial

Parliament: Cashless trial for public transport to be extended to more payment types from next year — The Straits Times — “A trial system that allows commuters to pay their public transport fares using contactless credit or debit cards will be extended to more payment types including Visa and Nets 2.0 from next June (2018). Mobile payment modes — such as Android Pay, Apple Pay and Samsung Pay — will also be available from the first quarter of next year as part of the trial.”






What's New in Payments

Moneris study reveals 36% contactless payment increase in Canada

Moneris study reveals 36% contactless payment increase in Canada — MobileSyrup – “Moneris unveiled a 36.29% year-over-year gain, possibly due to Android Pay recently launching in Canada, and with little more than a year since Apple Pay’s full Canadian release… Within the next five and a half months Moneris predicts that 50% of all Canadian transactions will be contactless.”



What's New in Payments

Google gearing up to enter mobile payments In India by integrating Android Pay with UPI

Google gearing up to enter mobile payments In India by integrating Android Pay with UPI — Inc42 — “Google is developing a separate India-focused app, which it will name differently, in integration with a bank. It is expected that Google will launch a UPI-enabled app within the next two-three months for mobile payments. If this happens, it could be a big boost to given that Android is the dominant operating system in India.”