Sunday 23 October 2016 | RSS


    Mobile wallet

    News about Mobile wallet.

    French electronic wallets merge to create ‘universal mobile payment solution’

    October 21st, 2016

    French bank BNP Paribas and supermarket giant Carrefour are to merge their Wa! and Fivory electronic wallets to create a “unified, universal mobile payment solution”, allowing customers to make payments, receive loyalty rewards and make… More

    Rambus Bell ID launches Token Gateway to ease bank integration with multiple TSPs

    October 19th, 2016

    PARTNER NEWS: Rambus Bell ID has launched a software platform that card issuers can use to integrate with multiple third-party token service providers (TSPs) such as those operated by international and domestic payment schemes. Issuing… More

    Mobile payments awareness up in North America, but usage remains flat

    October 19th, 2016

    Nearly six in 10 North American consumers (56%) are now aware of mobile payment services — a 4% increase from this time last year, research from Accenture has revealed. However, the regular use of mobile… More

    Evry to offer NFC and HCE mobile payments with G&D

    October 19th, 2016

    PARTNER NEWS: Norwegian financial services provider Evry is licensing Giesecke & Devrient’s (G&D) Convego CloudPay mobile payment solution to make NFC and host card emulation (HCE) mobile payment services available to its banking customers across… More

    Australian banks call Apple’s NFC restriction “completely baseless”

    October 17th, 2016

    Apple’s claim that allowing access to the NFC technology within its iPhones would diminish the security of Apple Pay has been branded “completely baseless” by a group of four Australian banks, who are seeking greater… More

    Apple Pay launches in New Zealand

    October 13th, 2016

    Apple Pay has arrived in New Zealand with support for Visa credit and debit cards issued by ANZ Bank New Zealand. The mobile payment service will be accepted by some of the country’s major retailers… More

    NXP sees soar in activation rates for NFC transit in China

    October 12th, 2016

    PARTNER NEWS: Activation rates for the NFC mobile transit solution introduced by NXP and handset manufacturer Xiaomi in China have grown more than 15% in Shanghai and over 20% in Shenzhen since services on the Mi… More

    Chase to support Microsoft Wallet next year

    October 11th, 2016

    US bank Chase is to begin supporting Microsoft Wallet “next year” according to a tweet from Chase Support. “Readers should note, however, that Microsoft Wallet only works on some of the newest Lumia devices, including the Lumia 650, 950 and 950 XL,” MSPoweruser reports. The NFC mobile payment service was unveiled in June 2016 with initial support from nine other US banks and financial institutions. PNC added its backing in August.

    UK Vodafone customers get NFC payments through PayPal

    October 10th, 2016

    Vodafone customers in the UK can now make NFC mobile payments through PayPal using Vodafone Wallet at any contactless terminal as well as across the Transport for London (TfL) network and on National Rail services… More

    Kohl’s launches QR code mobile payments feature across the US

    October 7th, 2016

    Customers at US department store chain Kohl’s can now make purchases by scanning a QR code at the point of sale using Kohl’s Pay, a mobile payment feature that has been integrated into the retailer’s… More

    White paper explores the evolution of the digital wallet

    October 6th, 2016

    A 24-page white paper that explores the evolution of the digital wallet and the mobile payment landscape while mapping out the best way forward for wallet providers including banks, card networks and mobile network operators… More

    Android Pay ends Google Wallet card transfer

    October 3rd, 2016

    Previous users of Google Wallet will not be permitted to transfer cards to Android Pay from October 14. “Many former Google Wallet users were able to bring any card they had in Wallet to Android Pay, even if it wasn’t a supported bank,” 9to5Google reports. “Google has revealed via email that those grandfathered cards will no longer be supported on October 14. Google doesn’t cite a specific reason for this change, only stating that this was always going to be limited time only.”

    Samsung Pay gets new features and gives away $100,000 in prizes

    September 28th, 2016

    Samsung Pay has updated its mobile app to include an in-app coupon service so users can search, store and redeem coupons as well as a cloud storage feature to restore membership, gift and Samsung Reward… More

    Gemalto and BankAxept to simplify mobile payments for Norwegian banks

    September 28th, 2016

    PARTNER NEWS: Digital security giant Gemalto has been awarded a contract by bank-owned BankAxept, the national payment scheme of Norway, to enable “all local banks to interconnect through a single credentials management hub for streamlined… More

    Danish shoppers to get BLE mobile payments in 2017

    September 27th, 2016

    Danes will soon be able to make in-store Bluetooth Low Energy (BLE) based mobile payments using the Dankort debit card by tapping their phone against a device developed by Spire Payments. It will be deployed… More

    Kohl’s to allow checkouts from mobile app

    September 23rd, 2016

    US department store chain Kohl’s is rolling out a new capability that will allow holders of its store-branded charge card to checkout directly from its mobile app. “The feature is in addition to Kohl’s existing mobile wallet capabilities, which lets shoppers store their payment information to the app and aggregate promotions and rewards,” CNBC reports.

    Contactless POS transactions nearing $500bn

    September 22nd, 2016

    The global annual value of contactless point of sale terminal transactions — conducted in-store using cards, mobile phones and wearables — will approach US$500bn in 2017, up from an estimated $321bn this year, Juniper Research predicts. “However, the low value nature of contactless payments means that it will only represent just 5% of the total value of all POS transactions in 2017,” the firm says.

    Valencia commuters to test NFC wristbands for public transport

    September 22nd, 2016

    Some 100 commuters across the Spanish city of Valencia are preparing to trial NFC wristbands for public transport payments across buses, the metro and parking stations for bicycle rental. It will be conducted by transport… More

    Study shows Canadians’ growing enthusiasm for mobile payments

    September 21st, 2016

    Cash purchases will make up only 10% of money spent in Canada by 2030, claims research released by Moneris. Compared to 35% of overall transactions in 2014, the 70% decline in cash usage will see… More

    TSB adds Android Pay support

    September 20th, 2016

    Customers of UK bank TSB can now add their debit and credit cards to Android Pay and earn cashback for purchases. “With TSB’s Classic Plus bank account and Mastercard credit card, customers can earn 5% cashback on the first £100 (US$130.39) of contactless purchases — which includes Android Pay — each month,” TSB says. UK banks Santander, Royal Bank of Scotland, NatWest and Ulster Bank added support for Android Pay earlier this month.

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