JP Morgan Chase has unveiled Chase Pay, a “closed loop network with access to credit and debit customers” that leverages the bank’s 94m debit, credit and prepaid card accounts, uses QR codes for mobile payments and will be accepted by all members of the MCX retailer-led mobile payments consortium. More
Android Pay has signed up “millions” of users since its launch in the US in September 2015, Google’s Sridhar Ramaswamy has told attendees during his keynote at Money20/20. He also announced that single tap loyalty rewards are set to go live at NFC-enabled Coke vending machines in the next “few weeks”. More
The total value of mobile payment transactions in the US will grow 210% in 2016 and nearly one in five smartphone users will make a mobile payment in a store next year, eMarketer’s latest proximity mobile payments forecast predicts. More
More than seventy million US consumers (71.5m) have now made a mobile payment in a store or online, up from 61m in 2014, research by Mercator Advisory Group has found. Overall, 42% of all smartphone owners have made a mobile payment and half of those do so at least once a week. More
Customers using Seamless’ Seqr mobile payment solution will soon be able to make host card emulation (HCE) based NFC payments at any contactless terminal through the service’s integration with white label wallet provider MeaWallet... More
Mobile network operator Telkomsel Indonesia has launched an NFC mobile payment and loyalty service in partnership with Verifone Mobile Money and financial services provider Finnet Indonesia to allow more than 140m subscribers to tap and pay with their mobile device at participating merchant locations... More
Swedish firm Seamless has begun rewarding users of its Seqr mobile payment solution when they recommend friends and family... More
Supermarket chain Auchan is installing Digicash Bluetooth and NFC payment beacons at checkouts at its hypermarket in Luxembourg to enable shoppers to pay for purchases and collect loyalty points with their mobile phone... More
PARTNER NEWS: Mobile payments specialist Bell ID’s host card emulation (HCE) solution has been certified by three of the largest global payment schemes, the company has announced, making it the first vendor to receive approval from all three schemes for its HCE platform... More
Restaurant payment app Velocity has acquired mobile payments solution Cover for an undisclosed sum... More
Japan’s largest coffee chain Ueshima Coffee is to let customers make purchases by charging the cost to their mobile phone bill through a partnership with carrier billing solutions provider Boku and mobile network operators KDDI and Docomo... More
Apple has begun rolling out its latest software update, iOS 9, which brings store credit cards and reward cards to Apple Pay... More
Google has begun rolling out its Android Pay mobile payment platform across the US today. In-store NFC mobile payments using the system will be possible at more than one million locations within the next few days, with in-app payments and loyalty expected later this year. More
Some 180,000 Canadians have now installed the Suretap NFC mobile wallet and the average value per transaction has increased 22% month over month since its launch in June 2015, the company has revealed... More
Financial institution ING has acquired Belgian digital loyalty platform Qustomer for an undisclosed sum... More
More than 100 retailers in the UK city of Norwich have teamed up with mobile payment and loyalty app provider Droplet to launch an umbrella loyalty scheme that will allow users to earn points every time they make a purchase using their phone... More
Android Pay will launch “very, very soon,” Google’s head of commerce partnerships Jack Connors told Mobile Payments Conference in Chicago this week... More
Indian mobile wallet provider Oxigen Wallet has partnered with loyalty program provider PayBack to allow customers to earn PayBack points and redeem them as cash, to make online and bill payments... More
US fast food restaurant chain Wienerschnitzel has launched a loyalty based mobile app that also comes equipped with mobile payment capability to reward customers for purchases made at checkout using a point system... More
Hong Kong mobile network operator SmarTone has unveiled Kissco, an end-to-end mobile marketing platform incorporating Kiss Pay, a mobile payments service based on NFC and ultrasound technology, a Kiss Dollars loyalty program and Kiss Beacons to allow retailers to send out offers and promotions directly to customers’ smartphones from their stores... More