News about Digital wallet.
July 19th, 2016
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has released an updated version of Mobiquity Wallet, a digital wallet platform that launched in March 2014 with support for QR codes, Bluetooth, NFC and host card emulation (HCE).
July 18th, 2016
Mastercard has unveiled an enhanced version of its Masterpass digital payment platform, adding in-store NFC mobile payment capability to the service that has so far only been available for online and in-app payments.
July 7th, 2016
Barclaycard has unveiled Loop, the fourth product in its bPay contactless payment device range, which comes in the form of a contactless chip and lets consumers add NFC payment capability to the wearable devices they already own.
June 10th, 2016
UK fashion retailer Topshop has launched the second collection of Topshop x bPay, a range of accessories that incorporate Barclaycard’s bPay contactless payment technology and enable shoppers to make tap and go payments at contactless terminals.
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…
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.
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.
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.”
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…
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…
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.”
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.
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…
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.
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.”
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.
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.”
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.
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.”
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…