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Mobile wallet

News about Mobile wallet.

Miami Heat fans get mobile payments and ticketing

October 5th, 2015

Fans of basketball team Miami Heat will now be able to make purchases at concession stands across the AmericanAirlines Arena by having a QR code scanned on their mobile device. Funds are debited from a… More

Zapp to delay Pay by Bank launch?

September 29th, 2015

Zapp, the UK mobile payments start-up formed by payments infrastructure operator VocaLink, has reportedly confirmed that it is to delay its Pay by Bank service, due to launch in autumn, because of integration issues. In… More

Alibaba and Ant Financial make “strategic investment” in India’s Paytm

September 29th, 2015

Chinese e-commerce giant Alibaba and its affiliate Ant Financial are to make a “strategic investment” believed to be worth some US$680m in Indian mobile payment platform Paytm through an agreement with its parent company One97 Communications…. More

Citrus Pay enables in-store mobile payments via gift cards

September 28th, 2015

Indian payment services provider Citrus Pay has announced a partnership with gift card solutions provider Qwikcilver to enable its 17m users to make in-store mobile payments using a gift card or voucher generated in Qwikcilver’s… More

Korean Samsung Pay users spend $30m in first month of launch

September 24th, 2015

More than US$30m has been spent through Samsung Pay since the mobile payment service’s launch in Korea one month ago, Samsung has revealed. In total, more than 1.5m transactions were conducted, of which 60% took… More

Indian mobile wallet market to reach US$6.6bn by 2020

September 23rd, 2015

India’s mobile wallet market will be worth US$6.6bn by 2020, research from TechSci Research reveals. “The mobile wallet market in India is projected to exhibit exponential growth during the forecast period on account of rising smartphone penetration rate, growing mobile internet user base and increasing government support,” the company says. “Mobile wallet companies operating in India are also offering attractive deals and incentives to attract new users.”

How to develop a mobile payments roadmap — See it now on NFC World

September 23rd, 2015

NFC World’s ‘How to develop a mobile payments roadmap’ webinar is now available to view online. 584 people signed up to take part in the live event and participants gave the webinar an overall rating… More

Axis Bank launches mobile wallet that uses sound for in-store payments

September 21st, 2015

India’s Axis Bank has launched Lime, a mobile wallet that combines banking, shopping and payment services and lets customers make in-store purchases using an encrypted audio signal generated by their device. “The pay feature will allow… More

Future Group to launch mobile wallet in India

September 17th, 2015

Indian retail conglomerate Future Group is in the process of launching its own mobile wallet, CEO Kishore Biyani has revealed. “In the next two years, we will have more than 40 wallet companies in the country; there has to be value addition in whatever idea you do. We are also launching our wallet now,” Biyani told visitors to the India Retail Forum (IRF), Business Standard reports.

80% of Brits have used alternative payment methods this year

September 17th, 2015

Eight in ten UK consumers with bank accounts have used an alternative to traditional cash and plastic cards in the last 12 months, research by Gocompare.com has found. 4% have made an NFC mobile payment,… More

iOS 9 adds loyalty cards to Apple Pay

September 17th, 2015

Apple has begun rolling out its latest software update, iOS 9, which brings store credit cards and reward cards to Apple Pay. “Soon you’ll be able to add your favourite store credit cards and reward cards to your Wallet app to make purchases and redeem rewards,” the company says. Apple announced its plans to add loyalty cards to its mobile payment service in June 2015.

RBC brings HCE mobile payments to North America

September 14th, 2015

The Royal Bank of Canada (RBC) has become the first financial institution in North America to go live with a host card emulation (HCE) mobile payment service following a pilot in December 2014. “We’ve now… More

Vodafone Turkey expands NFC mobile wallet

September 9th, 2015

Vodafone Turkey has partnered with Visa Europe to let its users link a Visa card to its Vodafone Cep Cüzdan NFC mobile wallet. “Previously, customers have had to go into a Vodafone store or a post office to top-up,” Vodafone told NFC World. “Now, they will be able to link a Visa card to their Mobile Cash Card and send payments to it more easily.”

Suretap reports 180,000 NFC wallet users

September 9th, 2015

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. Suretap has also launched a virtual prepaid MasterCard that can be used inside the wallet. Debit cards, loyalty cards, digital coupons and deals will be added in future.

Google and Samsung sign up to MasterCard Digital Enablement Express

September 9th, 2015

Google and Samsung are among the first digital partners to join MasterCard’s newly launched Digital Enablement Express program which aims to speed up the process of digitizing and tokenizing MasterCard accounts through the MasterCard Digital Enablement… More

White paper highlights actions European card issuers can take to succeed with mobile payments

September 8th, 2015

A 14-page white paper highlighting the key actions European card issuers can take to gain a competitive advantage from the arrival of tokenized NFC payments is now available to download from the NFC World Knowledge… More

200m NFC mobile wallets in 2016

September 7th, 2015

The number of NFC mobile wallets is expected to reach 200m by the end of 2016, up more than 100% from the end of 2014, research from Juniper Research reveals. “The launch of Apple Pay has prompted a hive of activity in the contactless arena,” the firm says. “Samsung Pay and the forthcoming Android Pay will no longer need to seed the market.”

TriMet to roll out NFC ticket payments

September 4th, 2015

Canadian commuters in the greater Portland-Vancouver area will soon be able to pay for their journeys using Apple Pay and other NFC mobile wallet services, contactless cards and the Hop electronic transit card system. Scheduled to be rolled out by TriMet before the end of 2017, it will be valid on C-TRAN buses, Portland Streetcar and all TriMet buses and trains.

Lloyds Bank close to adding Apple Pay support

September 4th, 2015

Lloyds Bank is close to launching support for Apple Pay in the UK after being a notable absence from the list of supporting banks when the mobile payment service launched in July. “UK residents can now add a Lloyds card to their wallet and almost complete the process, but the app presents an error at the end when they are presented with the terms and conditions,” 9to5mac reports. “It does show that Apple and Lloyds are actively working behind the scenes to add support.”

Uber ‘to launch mobile wallet in India’

September 1st, 2015

Taxi service Uber is to introduce its own mobile payment wallet in India, Times of India reports. “At present, consumers can pay for Uber trips via Paytm wallet. It [Uber] recently tied up with Airtel Money to facilitate payments via the latter’s wallet. The latest plan is in line with the firm’s ambition to make India its second biggest market after the US.”

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