Australian banks are using fees on Apple Pay transactions as a “trojan horse” to discourage the use of its mobile payments service and to condition consumers to accept transaction fees with the “longer term view to setting a precedent for charging for mobile payments on other digital wallets,” Apple claims in its latest submission to the Australian Competition and Consumer Commission (ACCC)... More
The UK city of Liverpool has launched its own digital currency using blockchain technology supplied by Tel-Aviv-based digital wallet provider Colu... More
Two thirds of 18- to 25-year-olds in the UK (64%) are using a mobile wallet, while only 14% have “no interest” in doing so, research released by social money transfer app Moneymailme reveals... More
The amount of money spent around the world using a mobile wallet will rise by nearly 32% this year to US$1.35tn, Juniper Research predicts... More
Samsung Pay is preparing to launch in India... More
The number of Apple Pay users has more than tripled over the past year, with transaction volume up 500% year-over-year, Apple CEO Tim Cook revealed during the company’s first quarter earnings call. The mobile payment service is also expected to launch in Taiwan “soon”. More
Indian mobile wallet providers may soon be required to insure their customers’ money... More
Indian consumers can now submit prescriptions, buy medicines, find doctors and book appointments through online pharmacy Easymedico using First Global Data subsidiary Msewa’s VPayQwik mobile wallet... More
US bank Fifth Third has announced it will support the five major mobile payment services — Android Pay, Apple Pay, Masterpass, Microsoft Wallet and Samsung Pay... More
Customers of Australian bank ANZ who report their card as lost or stolen will be issued with a replacement card instantly through Apple Pay or Android Pay... More
PARTNER NEWS: Retail giant Carrefour is piloting a mobile payments and loyalty service in France, secured with Gemalto’s Mobile Protector platform, that allows customers to validate payments with a PIN code or their fingerprint, receive and redeem coupons and access loyalty programs... More
The number of daily Samsung Pay users has doubled every week since the launch of Samsung Rewards in the US in November 2016, the company’s Nana Murugesan revealed during a panel session at CES 2017... More
NFC World today welcomes mobile payments solution provider Dejamobile as a member of our partner program... More
Honda is conducting the first proof-of-concept demonstration of its in-vehicle payments platform at the Consumer Electronics Show 2017 in Las Vegas... More
Indian mobile payments provider Paytm has been granted permission from the Reserve Bank of India to formally launch a payments bank... More
State Bank of India has stopped its customers from transferring money into Paytm mobile wallets, instead encouraging them to make use of its own State Bank Buddy service... More
PARTNER NEWS: Customers using mobile financial services firm Mahindra Comviva’s Mobiquity Wallet can now make payments through a chatbot integration designed to assist consumers “through their digital payments journey with their banks”... More
Customers of Malaysia’s CIMB Bank can make host card emulation (HCE) mobile payments using CIMB Pay — a new service that supports Mastercard and Visa credit and debit cards... More
Indian consumers using the FreeCharge mobile wallet will have their wallet balance of up to Rs 20,000 (US$293) insured free of charge, Economic Times reports, as long as they are making transactions using the service at least once a month, through a partnership with Reliance General Insurance... More
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva’s Mobiquity Wallet and PayPlus digital payment services are now available in the cloud, enabling banks to “deploy services faster, adapt to markets quicker and serve their customers better”... More