Thursday 26 November 2015 | RSS


    Mobile wallet

    News about Mobile wallet.

    Samsung Pay offers $100 discount to new users

    November 25th, 2015

    Samsung is offering up to US$100 off any purchase for new users who add a compatible card to Samsung Pay. The offer is available until November 30 and the coupon codes will be redeemable on the company’s website until the end of the year. Samsung also offered a $50 rebate to new Samsung Pay users in the first half of this month.

    Samsung Pay adds eight more US issuers

    November 23rd, 2015

    Samsung Pay has added support from eight additional US card issuers including Chase and SunTrust. Others include Citizens Equity First Credit Union, Randolph Brooks Federal Credit Union, Security Service Federal Credit Union, State Employees’ Credit Union, Virginia Credit Union and Navy Federal Credit Union. “Cardholders of all these issuers will be able to use Samsung Pay to pay almost anywhere they can swipe or tap their card,” Samsung says.

    German football fans get HCE mobile payments

    November 23rd, 2015

    Fans of the FC Kaiserslautern football team can now make host card emulation (HCE) mobile payments at snack kiosks across its Fritz Walter Stadium using a mobile app developed by Sandpiper Group member companies Payment Solution and… More

    MasterCard integrates loyalty programs and mobile payments with new specification

    November 19th, 2015

    MasterCard has introduced a loyalty middleware specification that aims to ease the integration of loyalty programs with mobile payment apps. The standard has been designed to work with “different loyalty schemes, different POS terminals and… More

    Visa certifies Kona’s HCE wallet

    November 19th, 2015

    PARTNER NEWS: South Korea-based mobile payments specialist Kona has picked up Visa Ready certification for the host card emulation (HCE) mobile wallet component of its Kona Payment platform. To obtain VCPS 1.5 compliance “Kona had to go through a number of rigorous functionality reviews,” says the company. “Operating system versions used for testing included Android 5.0, 5.0.1, 5.1 and 5.1.1.”

    CommBank adds MasterCard and Amex credit cards to NFC wallet

    November 19th, 2015

    Customers of Australia’s CommBank can now add MasterCard and American Express credit cards to the bank’s Tap & Pay NFC mobile wallet. Since launching Tap & Pay for Android in March this year more than 300,000 cards have been set up on the CommBank app and 1m transactions have been processed, the bank says.

    Samsung Pay set for China, Spain and UK?

    November 19th, 2015

    Samsung Pay will launch in China, Spain and the UK in the first quarter of 2016, “as per the information that we’ve received,” SamMobile reports. The service has been live in Korea since August 2015 and in the US since September.

    Apple Pay faces delays in China

    November 19th, 2015

    Apple Pay is facing more delays in China and is not expected to launch there until the end of 2016, TechWeb reports. “South Korea will become the first Asian country to support Apple Pay — the service is expected in the first half of 2016,” the publication says. Reports that Apple Pay had “hit bumps in China” first emerged in February 2015.

    Samsung Pay to be added to lower-end devices

    November 19th, 2015

    Samsung is to add Samsung Pay NFC payments functionality and fingerprint scanners to its mid- and low-end handsets, Korea Herald reports. “The plan is part of Samsung’s efforts to expand best-in-class features into the firm’s lower-end smartphones,” the publication says.

    American Express unveils NFC, HCE and tokenization platform

    November 18th, 2015

    American Express has launched Amex Enabled Digital Solution, a platform incorporating support for multiple digital wallets, contactless payments based on NFC and host card emulation (HCE), tokenization and express checkout services. The platform is designed to help both banks and merchants, Amex’s Mike Matan told NFC World. More

    India’s Oxigen Wallet to add virtual prepaid cards?

    November 18th, 2015

    Indian mobile wallet provider Oxigen Wallet is in talks with Visa, MasterCard and RuPay over launching virtual prepaid cards in the country, Economic Times reports. “Today, a wallet is accepted at a merchant’s platform only if the merchant has agreed to accept it,” chief executive Ankur Saxena said. “This (virtual prepaid card) allows us the freedom to have the wallet accepted anywhere a Visa, MasterCard and RuPay gets accepted. We don’t want our wallet to be limited to X number of merchants; we want it to be used everywhere.”

    Apple Pay adds close to 100 banks in the US

    November 18th, 2015

    Apple has added just under 100 more banks and credit unions to its list of Apple Pay supporting financial institutions in the US, 9to5mac reports. The service has also gone live in Canada this week and has added support from TSB and Tesco Bank in the UK.

    Norway’s Valyou NFC wallet to shut down due to lack of user adoption

    November 18th, 2015

    The Valyou NFC mobile wallet developed by Norwegian mobile network operator Telenor and banking group DNB is to shut down due to a “much lower than expected end user uptake”. A lack of contactless terminals… More

    Apple Pay could launch in Australia this week

    November 18th, 2015

    Apple Pay may go live in Australia on November 19, following its launch in Canada earlier this week. “Though Apple Pay only links with American Express cards for now, it’s understood Apple has signed up with over 1,000 banks globally and is keen to gain similar traction in Australia,” The Australian reports. Apple Pay launched in the US in October 2014 and has been live in the UK since July 2015.

    Apple Pay goes live in Canada for American Express cardholders

    November 17th, 2015

    Apple Pay has begun rolling out across Canada, allowing American Express cardholders to pay in-store with compatible Apple devices at Amex contactless merchants as well as make purchases within participating mobile apps. “Apple Pay will… More

    Startup unveils Bitcoin mobile wallet with NFC

    November 17th, 2015

    Startup Plutus is inviting consumers to take part in the alpha release of a Bitcoin mobile wallet that allows POS transactions via NFC. “It is powered by a Decentralised Exchange Network (DEX), which traders can use to buy and sell Bitcoin in return for fiat at the checkout,” the company says. “Merchants do not need to directly accept any digital currencies and customers can convert their balance into fiat on-the-go.”

    TSB and Tesco Bank go live with Apple Pay

    November 17th, 2015

    UK banks TSB and Tesco Bank are now supporting Apple Pay. TSB has also extended the contactless cashback incentive it launched in September 2015 to the mobile payments service. TSB customers will earn 5% cashback on their first £100 of combined Apple Pay and contactless spending until December 2016.  Lloyds Bank, Halifax and Bank of Scotland added support for Apple Pay in September 2015 along with M&S Bank. Six banks supported the service when it launched in July. Barclays will also support Apple Pay but is yet to announce a launch date.

    BBVA Wallet adds cash rewards

    November 17th, 2015

    Customers of US bank BBVA Compass can now redeem cash rewards through the BBVA Wallet app after making purchases using their credit card. “BBVA Wallet purchase notifications now include cash rewards balances that can be redeemed for an account credit by simply responding to the alert,” the bank says. “BBVA Compass cardholders can redeem cash rewards to offset a portion (as little as $1) or all of a purchase.”

    India’s Ola Cabs adds mobile payments

    November 16th, 2015

    Indian mobile cab hailing service Ola Cabs has launched Ola Money, which lets customers load funds into a mobile app and use them to pay their fare. “Your Ola Money is automatically deducted when you complete a ride,” the company says. Ola announced plans in August 2015 to apply for a mobile wallet licence from the Reserve Bank of India (RBI).

    SBI to launch feature phone wallet

    November 16th, 2015

    State Bank of India (SBI) is to launch Batua, a mobile wallet service that works on feature phones, The Economic Times reports. “The bank is also planning to launch another version of Batua for very basic phones which does not offer internet access and does not entail downloading any app.” SBI is one of six banks currently testing a mobile payments service developed by Visa in Bangalore.

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