Paypal has announced new partnerships with US bank Citi and financial technology services provider Fidelity National Information Services (FIS)... More
Mobile wallet
Visa and Mastercard tokenization deal will ‘simplify and secure payment experience’
The tokenization agreement signed yesterday by Visa and Mastercard will help to address the “lack of comprehensive tokenization across brands”, a key merchant barrier to adopting the technology, Visa’s VP of digital products Vish Shastry has told NFC World... More
Mastercard and Visa sign tokenization agreement
Mastercard and Visa have signed a tokenization agreement that will allow Mastercard to request tokenized Visa credentials from Visa for provisioning into Masterpass and Visa to request tokenized Mastercard payment credentials from Mastercard for provisioning into Visa Checkout... More
IoT, NFC and mobile money focus of Mahindra Comviva magazine
A 46-page magazine with a collection of articles covering the Internet of Things, NFC, the role of mobile money and how to kickstart the mobile wallet revolution in the Middle East is now available to download from the NFC World Knowledge Centre... More
Indian merchants get new digital payments service
Vodafone India has unveiled Vodafone M-Pesa Pay, a digital payment solution allowing merchants to receive payments from customers using their M-Pesa wallet, bank account, or debit or credit card... More
Australian bank offers Android Pay
Customers of Australian bank Westpac can now make mobile payments through Android Pay using their Mastercard debit and credit cards... More
Cartes Bancaires picks Gemalto to ease member banks’ NFC mobile payments offer
PARTNER NEWS: Groupement des Cartes Bancaires (GIE CB), the French bank card association which pioneered the use of chip cards for payments in the 1980s, has selected Pure, Gemalto’s white label mobile wallet solution, to enable its member banks to more quickly deploy their own NFC mobile and in-app payment services by bypassing one-to-one negotiations with international payment schemes... More
Australian bank reveals NFC payments sticker use
Some 400,000 Commonwealth Bank of Australia (CBA) customers have registered to use the bank’s NFC payments sticker, making 600,000 monthly payments, The Sydney Morning Herald says... More
German MNO begins SIM-based NFC mobile payments pilot
Vodafone Germany customers are testing NFC mobile payments using their Girocard — the most common debit card in the country — through Vodafone Wallet... More
Pakistan bank offers mobile ATM cash withdrawals
Customers of Pakistan’s Askari Bank can now withdraw cash from ATMs using their mobile phone... More
Canadian bank replaces NFC SIM-based service with HCE
Canada’s Scotiabank has replaced the NFC SIM-based mobile payments service inside its My Mobile Wallet app with a host card emulation (HCE) based solution, the bank has confirmed to NFC World... More
E-wallet added to Carrefour Romania app
Supermarket chain Carrefour Romania has integrated card transactions provider Romcard’s e-wallet into its Carrefour Pay mobile app... More
Indian payments app ties up 15 mobile wallets
The Andhra Pradesh Government has launched the AP Purse mobile payment app, an Android service tying up 15 mobile wallets and payment gateway apps, including Paytm, MobiKwik and Freecharge, Live Mint reports... More
Apple Pay launches in Spain
Apple Pay has been officially launched in Spain, with Apple developing partnerships with Banco Santander, payment giants American Express and Mastercard, retailer Carrefour and prepaid meal payment service Ticket Restaurant... More
Dutch bank launches HCE mobile payments app
Dutch bank ABN Amro has launched a mobile payments app for Android using host card emulation (HCE) technology, allowing customers to make purchases up to €2,500 (US$2,659) each day with smartphones running Android 5.0 or higher... More
USAA Bank adds insurance cards to digital wallet
USAA Bank has updated its digital wallet offering to enable users to add their auto insurance card and medical insurance card to the app... More
Growth in millennials’ mobile commerce use
Eighty-eight percent of US millennials are conducting transactions from their mobile device with 15% doing so multiple times a day, research from mobile capture and identity verification firm Mitek shows... More
ACCC denies authorisation to Australian banks over Apple Pay negotiation
The group of Australian banks seeking better negotiation powers over the arrival of third party mobile wallets have been denied authorisation to do so in a draft determination by the Australian Competition and Consumer Commission (ACCC)... More
Mobile retail commerce to reach US$1,120bn by 2020
The value of global mobile retail commerce is set to reach US$1,120bn by 2020, up from US$415bn in 2016, a white paper released by Aite Group predicts... More
Masterpass comes to 30,000 South African merchants after SnapScan deal
South Africans can now use Mastercard’s Masterpass digital wallet to pay for goods and services at more than 30,000 merchants accepting SnapScan in South Africa, using their mobile phones by scanning a QR code at the point of sale... More