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    Digital wallet

    News about Digital wallet.

    Apple Pay adds Visa, MasterCard and five major banks in Singapore

    May 25th, 2016

    Consumers in Singapore can now add their MasterCard and Visa cards to Apple Pay, after the mobile payment service launched there in April 2016 with support from American Express alone. Five of the country’s major… More

    Amazon expands its payments business

    April 5th, 2016

    Amazon has launched the Amazon Payments Partner Program, a new service designed to enable ecommerce platform providers and developers to offer merchants Amazon Payments, which allows customers to log in and pay using their account with the online retail giant. “The program is free to participate in and available by invitation in the US, Germany, UK and Japan,” Amazon says.

    MasterCard reports on tokenization in Europe

    April 5th, 2016

    MasterCard is working on more than 60 projects involving its MDES tokenization platform in Europe, the payments network has revealed. “Today card issuers and wallet service providers have MDES projects in progress in 18 countries across Europe,” MasterCard says, and the service is currently being used to connect banks “representing more than 70% of UK account holders” to Apple Pay.

    Amex patent turns reward points into virtual currency

    March 7th, 2016

    American Express is exploring a system that would let its customers use reward points for purchases in third-party digital wallets, according to a newly published patent application. “This system, method and computer program may allow certain transaction account holders to directly pay with their loyalty points in any third-party digital wallet,” the patent says. “Utilizing the system, transaction account holders may earn one or more points for virtually every dollar charged on eligible, enrolled transaction accounts and then redeem their points for a wide array of rewards, including merchandise or travel.”

    PayPal to add NFC payments to Android app

    February 22nd, 2016

    An upcoming version of PayPal’s Android app is to bring with it NFC payments capability, the online payment giant has announced at Mobile World Congress. 18 million consumers have also opted in to use the… More

    APCA explores security code for digital wallets in Australia

    February 5th, 2016

    Members of the Australian Payments Clearing Association (APCA) are currently exploring the possibility of implementing a voluntary code of practice to regulate digital wallets in the country. The association’s 100 members were due to respond… More

    Mike Tyson puts weight behind Bitcoin

    January 5th, 2016

    Boxing hero Mike Tyson has teamed up with Bitcoin Direct and BitPay to launch the Mike Tyson Digital Wallet. The mobile app allows the buying and selling of bitcoin and can also work with bitcoin ATMs. “The Mike Tyson Digital Wallet is one of the first bitcoin wallets that allows users to purchase and/or sell bitcoin from the app,” Bitcoin Direct says. “Bitcoin Direct does not charge users any fees for using the wallet.”

    American Express unveils NFC, HCE and tokenization platform

    November 18th, 2015

    American Express has launched Amex Enabled Digital Solution, a platform incorporating support for multiple digital wallets, contactless payments based on NFC and host card emulation (HCE), tokenization and express checkout services. The platform is designed to help both banks and merchants, Amex’s Mike Matan told NFC World. More

    Fashion retailer TopShop launches range of contactless payment accessories

    November 11th, 2015

    UK fashion retailer TopShop has launched a range of accessories equipped with Barclaycard’s bPay technology that enable shoppers to make tap and go payments at any contactless terminal. The TopShop x bPay range will come… More

    Line Pay expands to Taiwan

    August 26th, 2015

    Japanese instant messaging giant Line has released an initial list of Taiwanese stores at which its mobile payment service Line Pay can be used. “The Line Pay digital wallet can pay for purchases starting Wednesday in nearly 30 local stores, mostly online merchants such as ET Mall, beauty brand 86 Shop, online bookstore Kingstone and digital music service KKBOX,” Focus Taiwan reports.

    Digital wallet engagement revealed

    July 9th, 2015

    Three in 10 fully engaged US customers used their digital wallet every time or almost every time they could in the past 30 days, compared to 12% of indifferent customers and 2% of actively disengaged customers, research from Gallup finds. “Apple Passbook users who are fully engaged (96%) say they are very likely to start using Apple Pay in the next 12 months,” the research reveals. “Users who are fully engaged with a competing digital wallet are very unlikely to switch to Apple Pay.”

    Barclaycard launches second generation bPay wearable payment devices

    June 29th, 2015

    Barclaycard has unveiled a second generation of its bPay wristbands and is to add contactless-enabled keyfobs and stickers to the range of bPay devices that will be made available for purchase on 1 July. More

    PayPal adds Touch ID to iOS app

    May 27th, 2015

    PayPal is letting its iOS mobile app users log in and access “virtually any part” of their PayPal wallet using Apple’s Touch ID. “When you log in to the latest PayPal app on a Touch ID-enabled iOS device, you’ll be asked if you want to enable Touch ID,” PayPal explains. “After a quick setup, simply use your fingerprint to log in and view your account, send money to friends, or access your digital wallet.”

    Chip and PIN faces slow take-up in US, says Forrester

    May 1st, 2015

    EMV payments on plastic cards won’t achieve broad adoption in the US until 2020, Forrester Research predicts, due to the rise of “more secure” mobile and contactless payment alternatives. “Forrester expects that more secure, encrypted and tokenized transactions on digital wallets, mobile device-based NFC virtual cards and EMV contactless payments will prove strong competitors to plastic EMV chip and signature and chip and PIN payments in the US,” the company says.

    Softcard to close down on 31 March

    March 9th, 2015

    The Softcard mobile wallet service is to close down altogether at the end of March 2015 in the wake of a deal between Google and the three US carriers that founded the NFC payments venture. “As of 3/31 your Softcard app will no longer work,” the company says. “You can continue to use the Softcard app until 3/31. After that your account will be closed. To keep using a digital wallet app download Google Wallet now.”

    MasterCard moves towards MasterPass tokenization

    February 3rd, 2015

    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. “We are very focused on… More

    CardMobili adds beacons to mobile wallet

    January 15th, 2015

    CardMobili has added support for Bluetooth beacon-based marketing services to its digital wallet platform. “CardMobili’s solution is beacon-hardware agnostic, enabling it to be deployed in all types of commercial wallet applications,” the company says. “For example, [it can be] fully integrated with an MNO’s existing digital wallet ecosystem as well as within individual partner brands’ wallets.”

    The future of mobile payments at CES: Video now available

    January 12th, 2015

    The key to mass market adoption of mobile payments will be the creation of a compelling consumer experience that incorporates both payments and value added services, the Future of Mobile Payments session at the International CES 2015, chaired by NFC World’s Sarah Clark, has found. More

    HyprKey unveils biometric mobile wallet add-on

    January 9th, 2015

    A US startup is taking pre-orders for a biometrically secured mobile wallet, consisting of a payment app and Bluetooth Low Energy (BLE)-based “bio-sticker” attached to the back of the user’s phone. The system, shown at… More

    Outspoken texts offers to wallets

    December 8th, 2014

    Mobile messaging provider Outspoken has added support for Google Wallet to its digital wallet delivery solution, enabling marketers to distribute offers to a user’s mobile wallet via a text message. “Outspoken’s technology uniquely delivers pass files using SMS and MMS, sending the pass as a text message attachment or in the form of a link,” the company explains. The platform already supports Apple Passbook.

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