The number of consumers using OEM Pays — mobile payment services delivered by handset manufacturers — such as Apple Pay, Samsung Pay and Android Pay will exceed 100m for the first time during the first half of 2017 and is expected to surpass 150m by the end of the year, Juniper Research reveals, while host card emulation (HCE) adoption is set to rise five-fold over the next four years. More
Over half a billion mobile money accounts have been registered in 92 countries, with 1.3bn transactions processed in December 2016 alone, research from GSMA reveals... More
The GSMA forecasts there will be 1.1bn 5G mobile connections by 2025, with 5G networks providing one in eight of all mobile connections and driving “massive rollout of intelligent IoT nodes for a multitude of scenarios”... More
Apple Pay and Android Pay are preparing to launch in Korea, according to The Korea Herald... More
Almost two thirds of US consumers (62%) expect the country to become a cashless society in their lifetime, research released by Gallup reveals... More
The total value of Bitcoin transactions is expected to exceed US$92bn this year, up from less than $27bn in 2015, Juniper Research predicts... More
PayPal will “hurt” from the launch of Apple Pay on the web, according to Piper Jaffray analyst Gene Munster... More
More than two thirds of UK consumers (68%) believe that cashless technologies will completely replace physical money by 2036, research released by the Mayor of London’s promotional company London & Partners reveals... More
Mobile payment transaction volume will grow by 42% to reach 26.9m in 2016, up from 18.9m in 2015, research from Future Market Insights predicts... More
The number of Chinese consumers making in-store mobile payments more than doubled last year and almost half of all smartphone users in the country will be making proximity mobile payments by 2020, according to research released by eMarketer... More
Singapore bank UOB expects that NFC mobile payments will account for 10% of all its card transactions by 2020 on the back of “swift adoption of Apple Pay”, according to The Business Times... More
The global mobile ticketing market is expected to grow at a compound annual growth rate (CAGR) of around 16% between 2016 and 2020, according to Technavio... More
The global mobile biometrics market will grow at a compound annual growth rate (CAGR) of more than 103% between 2016 and 2020, research from Technavio predicts... More
One in four British consumers intend to use their mobile phone to make NFC-based mobile payments in the next 12 months, according to research from MasterCard... More
Almost 1.6bn coupons will be delivered annually to consumers via Bluetooth Low Energy (BLE) beacon technology by 2020, Juniper Research forecasts... More
Apple Pay will experience greater success than Android Pay and will “grow exceptionally based on a belief that Apple Pay using a Secure Enclave/secure element inside of iOS has an advantage over Android Pay’s host card emulation (HCE) in that it’s more secure, with a similar user experience,” according to Piper Jaffray analyst Gene Munster... More
The average UK adult made 20 card payments per month in 2015, of which around one in 10 were contactless, research released by Payments UK reveals... More
The Bluetooth Low Energy (BLE) beacon market will more than double in 2016, remaining on track to break 400m shipments by 2021, ABI Research forecasts... More
Digital payments across Australia, including those made with a mobile device at the point of sale, will be worth A$1.897bn (US$ 1.42bn) by 2020, Frost & Sullivan predicts... More
Worldwide spending on Internet of Things (IoT) security will reach US$348m in 2016, a 23.7% increase from 2015 spending of $281.5m, Gartner predicts... More