News about Digital wallet.
October 23rd, 2014
PARTNER NEWS: Payment credential management specialist Bell ID has introduced Tokenization Manager, a software solution that can be used by token requesters such as card issuers to manage payment tokens, by digital wallet providers to…
October 8th, 2014
Zapp, the mobile payments startup formed by UK payments infrastructure operator VocaLink, has announced that major retail chains including Sainsbury’s, Asda, House of Fraser, Thomas Cook, Shop Direct, Spar and Clarks are to use its…
October 2nd, 2014
Subscribers to Chunghwa Telecom with accounts at any of four Taiwanese banks will be able to download a virtual version of their credit card to their SIM card and use it to make NFC payments…
September 30th, 2014
“We want PayPal to be present whenever and wherever consumers want to pay so if that means being in other wallets, if that means being in any existing or other new ecosystems where payment occurs, our desire is to be a payments platform that can enable payments in any of those environments,” says eBay’s CEO.
September 9th, 2014
“It’s all about the wallet,” Apple CEO Tim Cook explained during the unveiling of Apple Pay mobile payments and the iPhone 6, iPhone 6 Plus and Apple Watch with NFC on 9 September. “Our vision…
September 5th, 2014
NFC Business Models, NFC World’s landmark 2011 research report on strategies for monetising NFC, is now available as a free download in the NFC World+ Knowledge Centre. “This 170-page report continues to provide many lessons that can be applied to advantage by businesses introducing mobile payments and digital wallet services today — and provides unique insight into how and why it has taken so much longer than expected for mobile payments to take off,” says author Sarah Clark.
September 5th, 2014
A report in The New York Times, which cites several people “with knowledge of the products” including two Apple employees — the first time the company has been mentioned as a source on the new products and services — appears to confirm many of the rumours circulating about Apple’s NFC payment plans. Deals with American Express, MasterCard and Visa will mean that “iPhone owners will be able to use their devices as a sort of digital wallet, improving their ability to pay for items at select partner merchants without handing over cash or a credit card,” the report adds.
September 3rd, 2014
August 27th, 2014
Financial services giant Citi has launched a digital wallet that uses MasterCard’s MasterPass technology to let US credit card holders “more quickly and conveniently make purchases at thousands of online merchants”. Customers who sign up for Citi Wallet will “no longer have to enter their credit card, billing and shipping information when making purchases,” the bank says.
July 22nd, 2014
Westpac has begun a host card emulation (HCE) pilot in New Zealand, enabling customers’ credit and debit card details to be securely stored in the cloud and then used at the point of sale to…
July 17th, 2014
Visa Inc is replacing its V.me digital wallet service with Visa Checkout, a new payment service that enables consumers in the US, Canada and Australia to pay for goods online, on any device, in “just…
July 3rd, 2014
Paying with a smartphone would win over 31% of all those asked if they then only needed to have their smartphone with them and could do without a purse or wallet, a new survey conducted…
March 28th, 2014
Atos Worldline has introduced a digital wallet that supports NFC payments via HCE. The new wallet offers clients “simplification of the complex NFC business model and facilitates convergence of contactless proximity payments and internet or mobile remote payments,” the company says.
March 13th, 2014
Mahindra Comviva has introduced Mobiquity Wallet, a digital wallet platform that supports QR codes, Bluetooth LE and NFC. The wallet is designed to deliver “context aware payments” and, says mobile financial solutions head Srinivas Nidugondi, “to support a large and complex ecosystem.”
February 19th, 2014
Visa has introduced a new standard that uses host card emulation (HCE) to enable financial institutions to securely host Visa accounts in the cloud. The standard is available now and will include support for QR…
September 18th, 2013
Mobile network operator Portugal Telecom has selected digital wallet solution provider CardMobili to implement a digital wallet that will support both NFC and QR codes and offer a range of added value services, including loyalty,…
August 5th, 2013
MasterCard CEO Ajay Banga has suggested that NFC should be seen as a longer term effort, while acknowledging that some markets have adopted NFC much faster than others. “I don’t think these are 12 and…
August 2nd, 2013
Singapore-based mobile network operator SingTel has announced a partnership with Visa that will enable customers in Singapore and Australia, where it operates as Optus, to use its mCash mobile payments solution at any Visa PayWave…
August 1st, 2013
Music lovers attending the Smukfest festival in Skanderborg, Denmark, will be able to pay for goods using an NFC wristband — and three hundred traders will be able to accept contactless payments using Panasonic’s NFC-enabled…
July 31st, 2013
Cloud-based wallet provider Cashcloud has secured second round funding as it looks towards adding NFC payments. Cashcloud says it hopes to become an all-in-one solution in Europe where users can send and receive money, apply parental controls, pay online, and pay in-store using MasterCard PayPass via NFC.