PARTNER NEWS: A new embedded secure element and NFC solution from NXP will make it possible for mobile transactions to be conducted at the same speed as contactless card transactions... More
Ecosystem
GlobalPlatform framework gives consumers control over their own secure element section
GlobalPlatform has released a new framework that gives consumers control over which secure applications can be used within part of the secure element (SE) of their trusted devices, without compromising security for the SE as a whole. More
PayPal to roll out NFC mobile payments across the US through Visa deal
US consumers will soon be able to make NFC mobile payments using their PayPal mobile wallet at all physical locations across the country that currently accept Visa contactless transactions. More
White paper advises banks on launching Android-based mobile payment services
A 16-page white paper designed to help banks make informed decisions about bringing an Android-based mobile payments service to market is now available to download from the NFC World Knowledge Centre. More
Alibaba unveils connected car with Alipay mobile payments
Chinese internet giant Alibaba has unveiled a new “internet car” that will let drivers make mobile payments from their seat using affiliate company Ant Financial’s Alipay mobile payment platform. More
Mahindra Comviva introduces Mobiquity Wallet 2.0
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). More
AFSCM to launch NFC services across France with key MNOs
French NFC trade association AFSCM has partnered with three major mobile network operators to roll out SIM-based NFC services in France. The association is working with Oberthur Technologies (OT) to build a common hub with Bouygues Telecom, Orange and SFR which will enable a “massive launch of NFC services” in the country. More
Walmart Pay completes nationwide rollout
US supermarket giant Walmart has completed its nationwide rollout of Walmart Pay, making the service available in more than 4,600 stores across the country. The retailer has also recorded a 45% increase in Walmart Pay transactions in the last week. More
White paper explores payment industry in Bangladesh
A 29-page white paper that explores the payment industry of Bangladesh and includes a detailed examination of its current systems, the evolution of alternative payment methods and the uptake of NFC, tokenization and EMV is now available to download from the NFC World+ Knowledge Centre. More
Samsung Pay to begin rolling out across Singapore in June
Samsung Pay is to begin rolling out across Singapore on June 16, making it the first country in Southeast Asia to get the mobile payment service. It will launch with support from American Express, MasterCard and Visa and major banks. More
South African community shops to get NFC payments using stickers
South African consumers will soon be able to make payments using an NFC sticker on the back on their mobile phone via a service launched by mobile financial services provider MobiCash and mobile payments platform Boloro... More
Singtel Dash mobile payments service adds NFC transit
Singapore mobile network operator Singtel has made NFC transport payments and top-ups available through its Singtel Dash mobile payments platform. Deals and rewards have also been added as well as overseas money transfers. More
Gemalto and Visa roll out contactless payment wristbands at Eurovision
PARTNER NEWS: Visitors to the 2016 Eurovision Song Contest (ESC) in Stockholm, Sweden, this month will be able to purchase contactless payment wristbands that will enable payments at any Visa contactless terminal in the world. The wristbands, which will be active until the end of October, will be rolled out by Visa and digital security giant Gemalto. More
Micromax to launch NFC mobile payments with TranServ and Visa
Handset maker Micromax will soon begin offering its customers in India an NFC mobile payment service through a collaboration with Visa and payment solutions provider TranServ. More
Samsung Pay adds major banks in US
Samsung Pay will soon support eligible credit and debit cards from TD Bank and Regions Bank, taking the total number of supporting banks and credit unions in the US to 130 — more than 75% of the country’s credit and debit card market... More
Android Pay to expand into Europe ‘soon’
Google is actively working towards launching Android Pay in Europe, director of emerging platforms Spencer Spinnell has revealed at Money20/20 Europe... More
BMO to offer ‘selfie pay’ biometric verification technology to customers
Canadian financial services provider BMO Financial Group is to enable its customers to use MasterCard’s Identity Check mobile app to verify their online transactions via face recognition and fingerprint biometrics... More
Frost & Sullivan predicts surge in mobile wallet adoption
The number of active mobile wallet users will rise from 409m in 2015 to 1,722m in 2023, research from Frost & Sullivan predicts, while mobile payment transaction values will increase from €289.02bn (US$315.39bn) in 2014 to €1,516.70bn (US$1615.1bn) in 2020, representing a compound annual growth rate (CAGR) of 31.8%... More
China UnionPay and Visa partner on payments innovation
Payment networks China UnionPay and Visa have signed a memorandum of understanding (MOU) in Shanghai to collaborate on “providing cardholders with more convenient, secure and highly efficient payment services” with a focus on security, innovation and financial inclusion... More
Nearly 1bn to use NFC payments by 2019
A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More