Thursday 26 November 2015 | RSS


    Digital wallet

    News about Digital 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.

    MasterCard takes HCE to China

    December 5th, 2014

    MasterCard’s cloud-based payment service is now available in China, following its initial launch in the US in September 2014. The service makes use of the MasterCard Digital Enablement Service (MDES) tokenization system, the MasterPass digital wallet platform and host card emulation (HCE) technology. The launch will enable Chinese card issuers “to provide additional payment options by simplifying the deployment of NFC technologies and making in-app and online payments easier to set up and complete,” says MasterCard’s Dennis Chang.

    Payments security survey finds NFC and HCE are now top priorities

    December 4th, 2014

    Seven in ten (71%) US IT operations, security, and electronic deployment professionals consider NFC to be essential or very important to their organization’s security, a survey by Ponemon Institute for HP Atalla has found, with… More

    BKM and Mekanist let Turkish diners pay by beacon

    December 3rd, 2014

    Diners at Turkish restaurant Olivia’s Pizzeria have become the first in the country to be able to use their BKM Express digital wallet to pay for their meals with their mobile phone. BKM has partnered… More

    Half of UK consumers use digital wallets

    December 2nd, 2014

    More than half of UK consumers (54%) say that they often or always use digital wallets to pay for goods online, according to research from online payments service Skrill, and 17% of 18-24 year olds are also paying for goods and services in-store with a mobile device. The company defines a digital wallet as a “payment method that enables people to make online transactions conveniently and securely via their mobile, tablet, laptop or PC.”

    Magyar Telekom launches NFC in Hungary

    November 27th, 2014

    Magyar Telekom, a subsidiary of Deutsche Telekom and a member of the Hungarian Mobile Wallet Association, has launched the MobilTarca NFC mobile wallet in Hungary after a successful pilot that began in July last year. The solution incorporates payments, loyalty cards and event ticketing services and will be available on more than 30 NFC devices by the end of 2014.

    Google exits digital goods payments

    November 17th, 2014

    Google is to “retire” its Google Wallet for digital goods API and has told merchants who currently let customers pay for digital goods via Google Wallet on their websites that they will need to remove API calls to the service by 2 March 2015. Those who exclusively use Google “will need to transition to an alternate solution”, the company says. Support will continue for both in-app payments and apps sold via the Google Play store, Google adds.

    Korean banks partner with messaging giant for mobile banking service

    November 13th, 2014

    Korean internet and messaging giant Daum Kakao has launched BankWalletKakao, a mobile wallet service provided in partnership with 16 Korean banks and Korea Financial Telecommunications and Clearing Institute (KFTC). The service leverages instant messaging technology… More

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