Deutsche Telekom has launched the second version of its MyWallet NFC mobile payment solution, adding advertising and loyalty powered by Mozido... More
Mobile wallet
US consumers prefer bank offered mobile wallets
More than half of US consumers (51%) are likely to use a bank offered mobile wallet with the top challenges for mobile wallet adoption being fear of identity theft (68%) and merchant acceptability (33%), research from CCG Catalyst reveals... More
Apple Pay adds 54 more US banks
Apple has added another 54 banks and credit unions to its list of Apple Pay supporting financial institutions in the US... More
Suretap adds Points loyalty cards to NFC mobile wallet
Canadian mobile wallet provider Suretap has added a loyalty section powered by the Points loyalty network to its NFC mobile wallet, enabling users to earn and use rewards offered by more than 100 global reward programs via their mobile phone... More
Shenzhen Tong launches NFC transport and payment service in China
ZTE Nubia Z9 and Z9 Max owners across the Chinese city of Shenzhen can now use a service launched by transportation operator Shenzhen Tong to make NFC mobile payments for public transportation and for purchases in retail stores... More
Crédit Mutuel Arkéa to launch HCE in France
French banking group Crédit Mutuel Arkéa is to begin offering its customers a host card emulation (HCE) mobile payments service... More
Blik signs up 1.3m Poles for mobile payments
Some 1.3m Polish consumers are now using Blik, the mobile payments service backed by six of the country’s banks that lets customers make in-store and online payments, withdraw cash from ATMs and send P2P transfers with their mobile phones... More
RBC reports strong uptake for HCE wallet, adds support for digital receipts, loyalty and gift cards
The Royal Bank of Canada (RBC) has trebled its mobile wallet user base since moving from a SIM-based model to host card emulation (HCE) six weeks ago, the bank’s head of payments innovation has told NFC World... More
MCX expands CurrentC pilot
US retailer-led mobile wallet consortium MCX, which announced a deal earlier this week to support JP Morgan Chase’s new Chase Pay service, is expanding its Columbus, Ohio pilot to include 200 stores operated by “12 large retailers”... More
Kona unveils customizable payment platform that supports cards, tokens, NFC, HCE and wearable devices
PARTNER NEWS: South Korean smart card provider Kona has unveiled the Kona Payment platform, a customizable, end-to-end solution for card issuers that supports tokenization, physical cards, mobile payments via both HCE and SIM-based secure elements, and wearable devices... More
Best Buy discusses Apple Pay, MCX and Chase Pay support
US retail giant Best Buy has opened up about its experience with Apple Pay, its ongoing support for retailer-led consortium MCX’s CurrentC mobile payment service and its view on Chase Pay, the QR code-based service launched earlier this week... More
Samsung Pay adds US card issuers and reports on consumer adoption
US payment network Discover, gift card provider Blackhawk Network and fourteen financial institutions are to add support for Samsung Pay in the coming months, Samsung has announced, and consumers that are using the service have made an average of eight transactions since its launch four weeks ago. More
Android Pay signs up “millions” of users, readies loyalty programs
Android Pay has signed up “millions” of users since its launch in the US in September 2015, Google’s Sridhar Ramaswamy has told attendees during his keynote at Money20/20. He also announced that single tap loyalty rewards are set to go live at NFC-enabled Coke vending machines in the next “few weeks”. More
Citi tests ATMs that replace plastic cards with mobile phones, QR codes, NFC and iris scans
Citi has begun testing a screenless, cardless ATM concept developed by Diebold that lets customers make transactions using their mobile device instead of a plastic card and authenticate themselves using NFC, QR or an iris scan... More
MasterCard extends tokenization platform to clothing, accessories and wearable devices
MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More
Taiwanese banks to roll out hybrid HCE payments platform
Taiwan Mobile Payments Co (TWMP), the mobile payments TSM venture established in 2014 by three Taiwanese banking groups, has signed a deal with Mozido to provide its 27 member banks and financial institutions with a mobile wallet platform that offers support for both secure element and HCE cloud-based NFC payments... More
Americans to spend $27bn via mobile payments in stores in 2016
The total value of mobile payment transactions in the US will grow 210% in 2016 and nearly one in five smartphone users will make a mobile payment in a store next year, eMarketer’s latest proximity mobile payments forecast predicts. More
One million Koreans sign up for Samsung Pay
The number of Koreans using Samsung Pay has doubled in the last month to one million and 100,000 payments are now being made using the service every day, Business Korea reports... More
Ugo reports 100,000 NFC wallet users
Canadian open NFC mobile wallet provider Ugo Wallet has signed up more than 100,000 users since its launch in November 2014, up from 50,000 in August 2015... More
Seamless adds HCE to Seqr mobile wallet
Customers using Seamless’ Seqr mobile payment solution will soon be able to make host card emulation (HCE) based NFC payments at any contactless terminal through the service’s integration with white label wallet provider MeaWallet... More