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Mobile wallet

News about Mobile wallet.

NXP CEO: NFC secure elements will continue to see strong demand

July 29th, 2014

“We feel very comfortable with the strength of the secure element,” NXP Semiconductors CEO Rick Clemmer has told analysts during the chip maker’s second quarter earnings call. “We think that the real killer app will have… More

Jamba Juice gives away 1m NFC smoothies

July 28th, 2014

One million free juices and smoothies have been given out free of charge by Jamba Juice to Isis NFC mobile wallet users since the ‘Million Free Juice or Smoothie Giveaway’ promotion launched in October 2013. Jamba has also signed up one million members for its Insider Rewards loyalty program, developed in partnership with Spendgo. Launched five months ago, the program lets customers type their phone number into a POS terminal to “receive rewards, personalized offers and free Jamba product”.

Korean banks accelerate mobile wallet plans

July 25th, 2014

Korea’s banks are making a renewed push on mobile payments in the face of increasing competition from outside the financial services sector, Korea Bizwire reports, citing Hana Bank’s ‘Hana N Wallet’, Industrial Bank of Korea’s ‘IBK One Money’, and Shinhan Bank’s ‘Zoo Money’ and ‘My Shinhan Pay’ services. “The sense of urgency that IT companies are encroaching on the mobile payment market is making banks competitively beef up their smartphone-based electronic commerce services and scramble into the war of mobile wallet,” it says.

Worapay raises funds

July 25th, 2014

Lithuania-based mobile wallet platform provider Worapay has raised €400,000 in new funding from Israel’s Entree Capital, Verslo Zinios reports. The company currently operates in Lithuania and Estonia and has launch plans for Latvia, Poland, Czech Republic, Finland and Spain.

Visa to launch new payments service in September, Apple could be the first customer

July 24th, 2014

Visa has unveiled a suite of services designed to “facilitate secure payments across a broad range of internet-connected devices and wearables”. The announcement of the new Visa Digital Solutions service comes amid reports that Apple… More

Amazon releases mobile wallet app for Android

July 22nd, 2014

Amazon Wallet, an Android app that lets users store gift cards and loyalty cards on their mobile phone, is now available to download from Google Play and the Amazon Appstore. Amazon Wallet also ships with… More

Westpac trials HCE mobile payments in New Zealand

July 22nd, 2014

Westpac has begun a host card emulation (HCE) pilot in New Zealand, enabling customers’ credit and debit card details to be securely stored in the cloud and then used at the point of sale to… More

Consult Hyperion demos EMV mobile payments over BLE on an iPhone

July 22nd, 2014

UK payments technology specialist Consult Hyperion has unveiled a proof-of-concept solution that uses Bluetooth Low Energy (BLE) and host card emulation (HCE) to enable both iPhone and Android NFC phone owners to make MasterCard, Visa… More

Four in ten mobile wallet users choose mobile as primary mode of payment

July 21st, 2014

While convincing consumers to make use of a mobile wallet remains an issue for many providers, shoppers that do convert to mobile payments make extensive use of the technology, Nielsen’s Q2 2014 Mobile Wallet Report… More

Wallaby launches Gear 2 app

July 18th, 2014

Card management app Wallaby, which helps holders of multiple credit cards view their balances and decide which is the best to use for any given transaction, is now available for use on Samsung Gear 2 smartwatches. Wallaby already offers apps for Google Glass and the Pebble smartwatch.

Google Wallet adds support for gift cards and P2P payments

July 17th, 2014

Google Wallet users can now store gift cards on their mobile phone and redeem them electronically in stores. Users can also send money requests to friends, make debit card payments free of charge and access… More

Base launches NFC payments and coupons in Germany

July 17th, 2014

German customers of mobile network operator Base, part of the E-Plus group, can now make payments, store membership cards and redeem coupons with their NFC phone. Giesecke & Devrient is providing Base with the SkySIM… More

Visa Inc abandons digital wallet ambitions, Visa Europe to continue investing

July 17th, 2014

Visa Inc is replacing its V.me digital wallet service with Visa Checkout, a new payment service that enables consumers in the US, Canada and Australia to pay for goods online, on any device, in “just… More

PayPal adds loyalty cards to mobile wallet app

July 15th, 2014

A new version of the PayPal iOS app has been released that enables users to store a wide range of loyalty cards within their mobile wallet. “Link all of your favorite loyalty cards to PayPal…. More

Australian supermarket chain launches mobile wallet that works with NFC stickers

July 15th, 2014

Australian supermarket chain Coles has launched the Coles Mobile Wallet, an iOS and Android app that works in conjunction with an NFC sticker to provide customers with a way to make mobile payments, manage their… More

Synchrony invests in LoopPay

July 10th, 2014

Synchrony Financial, formerly GE Capital Retail Finance, has made “a strategic investment” in LoopPay, developer of a mobile phone add-on that lets US consumers make payments at merchants equipped with magnetic stripe card terminals. The amount of the investment has not been disclosed.

Two thirds of UK smartphone owners open to the idea of mobile wallets

July 10th, 2014

Two thirds of UK smartphone owners are open to the idea of using a mobile wallet, according to a survey conducted by Marketing Sciences — but most consumers want to use a mobile wallet to… More

NFC payments venture Isis to change its name

July 8th, 2014

Isis, the NFC venture set up by US carriers AT&T, Verizon and T-Mobile, is to get a new name. The move is in response to the growing profile of the Isis militant group. “From our… More

Bankia offers NFC stickers

July 7th, 2014

Spanish bank Bankia has launched a mobile payments service that uses NFC stickers attached to the back of a customer’s smartphone to make purchases at any contactless POS terminal. Consumers need to download the Bankia Mobile Wallet app to use the service. Stickers can be requested via Bankia’s website or any bank branch.

Hungarian Mobile Wallet Association reports NFC pilot results

July 7th, 2014

Participants in The Hungarian Mobile Wallet Association’s MobilTarca NFC pilot made 41,000 payments valued at more than 120 million HUF (US$525,000) during the first 12 months of the trial, the association has revealed. Users also… More

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