Almost one fifth (18%) of the 720m Visa-branded credit, debit and prepaid cards in the US included an EMV chip and some 295,000 merchant locations were enabled for chip card acceptance as of July 2015, up 19% from 247,000 at the end of June 2015, Visa has told NFC World... More
EMV
PayAnywhere reader supports Apple Pay
Credit card processor North American Bancard has introduced a new version of its PayAnywhere mobile credit card reader, which accepts Apple Pay, contactless NFC payments and magnetic stripe credit cards... More
Coin unveils EMV-ready Coin 2.0 with NFC
Connected device maker Coin has released a new version of its electronic magnetic stripe card that is EMV-ready and incorporates NFC, allowing users to store credit and debit cards and make both contactless and swipe payment transactions for in-store purchases... More
Apple Pay gets 98% satisfaction rate for in-store purchases
Apple Pay has gained a 98% satisfaction rate among those that have used the mobile payments service to make an in-store payment in the US, Auriemma Consulting Group’s Marianne Berry has told NFC World, adding that the average number of in-store Apple Pay purchases per week among all users now stands at 2.6... More
Less than half of US small businesses aware of EMV liability shift
Only 49% of small business owners in the US that accept point-of-sale card payments today are aware of the EMV liability shift on October 1, with just 29% intending to make the change before the deadline and 34% intending to do so afterwards. More
ABI Research paper analyses payment and banking card technology market
A six-page excerpt from ABI Research’s Payment & Banking Card Technologies report is now available to download free of charge from the NFC World+ Knowledge Centre courtesy of Gemalto, which topped ABI’s vendor rankings in the report for the second consecutive year. More
US IT decision makers unprepared for EMV
Some 42% of US IT decision makers have taken no steps or are unaware of any progress being made in the migration towards EMV, research from Randstad Technologies finds, with only 58% actively preparing in time for the October liability shift deadline... More
Eight in 10 Americans aware of contactless payments
Some 82% of US consumers have heard of contactless or tap-and-go payments and 69% are now using chip cards or plan to use them soon, research from MasterCard reveals... More
Amano McGann brings NFC mobile payments to US car parks
More than 5,000 attended and unattended Amano McGann car parks in the US are to be upgraded to support EMV and NFC mobile payments, using security solutions provider Apriva’s Gateway system... More
Global payments company to launch biometric cards with fingerprint scanner
An undisclosed global payments company is to incorporate bendable fingerprint sensors into smart cards as part of a worldwide program to be rolled out in partnership with Norwegian biometrics provider Idex... More
2.2bn NFC-enabled handset shipments by 2020, IHS Technology predicts
Shipments of NFC-enabled handsets will increase to 756m in 2015, up from 444m last year, rising to 2.2bn by 2020, IHS Technology has forecast... More
Gemalto predicts fast uptake of Apple Pay in the UK
PARTNER NEWS: The prevalence of EMV in the UK, lower interchange fees and the existing contactless infrastructure will lead to faster adoption of Apple Pay in the UK than in the US, Gemalto’s Rémi de Fouchier forecasts... More
Ericsson and Verifone bring NFC mobile payments to developing world
Swedish telecoms giant Ericsson has partnered with Verifone Mobile Money to add support for NFC and contactless payments to its mobile commerce platform, enabling its carrier customers in emerging markets to add in-store mobile payments capabilities to their mobile money services... More
Two in three US POS terminals to be EMV by 2020
The installed base of EMV terminals in the US will reach about 65% by the end of 2020, a new report from GrowthPraxis has found... More
Clear2Pay gets Visa confirmation as CVES provider
PARTNER NEWS: Conformance testing specialist Clear2Pay has been approved by Visa for its Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV-enabled contact and contactless payment devices in the US... More
EMV claims 32% of global card-present transactions
Some 32% of all chip card-present transactions conducted globally between January and December 2014 used the EMV chip card standard, EMVCo has revealed, with adoption rates of EMV payment cards increasing in every region worldwide to total 3.4bn by the end of last year. More
Chip and PIN faces slow take-up in US, says Forrester
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... More
Bell ID reports 75% growth in orders
PARTNER NEWS: Orders are up 75% year-on-year at HCE and tokenization specialist Bell ID, the company reports, “with 90% of all new orders and requests for proposals focusing on mobile solutions.”... More
Finnish banks add HCE payments to Pivo mobile wallet
Finland’s largest financial services group is to add support for HCE payments to the mobile wallet app it introduced two years ago... More
Square buys mPOS developer Kili
Square has bought Kili Technology, the Canada-based mPOS startup that acquired NFC-on-microSD pioneer DeviceFidelity in November 2014... More