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    Mobile wallet

    News about Mobile wallet.

    A third of US consumers now use mobile wallets

    January 25th, 2016

    Nearly a third of US consumers (32%) are currently using a mobile wallet such as Apple Pay or Android Pay, research from Vibes reveals. 94% are likely to save personalised mobile wallet offers and coupons while 59% say their opinion of a retailer would become more positive if they started to receive coupons and offers that could be saved on their smartphones.

    Swiss banks add support for Paymit mobile payments

    January 25th, 2016

    Paymit, the P2P transfer service set up by Switzerland’s SIX, UBS and Zürcher Kantonalbank, has added support from three more banks ahead of its launch as an in-store mobile payment solution in February 2016. Obwalden, St.Gallen and Zug will join the six other financial institutions already supporting the service. Paymit has been downloaded 170,000 times since launching in May 2015.

    Apple Pay leads US mobile payments market

    January 25th, 2016

    Apple Pay is “overwhelmingly the share leader” in point-of-sale mobile payments across the US despite uptake remaining relatively low, the latest statistics from Piper Jaffray’s Apple Pay adoption tracker show. “Analyst Gene Munster expects numbers to rise in 2016 as Apple integrates attractive new features like P2P payments and in-browser integration,” AppleInsider reports.

    Samsung Pay to let South Koreans pay in China and US

    January 22nd, 2016

    Samsung Pay users in South Korea will soon be able to make payments in China and the US using cards issued by South Korean card companies. “Samsung is going to finish linking foreign payment system with KB Card, Samsung Card, Lotte Card and Hana Card and start Samsung Pay service at foreign merchants at the end of this month,” ET News reports. “These four card companies have negotiated with Visa, MasterCard, UnionPay, JBC and others for Samsung Pay’s foreign payment.”

    Samsung Pay to go live in Spain with CaixaBank

    January 22nd, 2016

    Customers of Spain’s CaixaBank will be the first in the country to be able to use Samsung Pay, following a partnership between the bank and Samsung that will see the mobile payment service added as an option to CaixaBank’s host card emulation (HCE) based mobile payment app. More

    McDonald’s rolls out FreeCharge mobile payments to 216 Indian restaurants

    January 20th, 2016

    McDonald’s customers across West & South India can now pay for their orders in-store using their mobile device. The fast food chain has implemented support for mobile wallet provider FreeCharge in 216 restaurants across 26… More

    Carta and NXP to enable NFC payments and offers on wearables, mobile and connected devices

    January 20th, 2016

    PARTNER NEWS: NXP and transaction technology provider Carta are to integrate Carta’s digital transaction platform with NXP’s NFC capabilities, with the aim of enabling NFC payments, loyalty and offers to be deployed across a wide… More

    KPN and Rabobank to launch SIM-based NFC payments

    January 19th, 2016

    Dutch mobile network operator KPN and Rabobank have unveiled a SIM-based NFC mobile payment solution that will launch this spring. “The Rabo Wallet enables consumers to download their digital bank card to their KPN NFC SIM-kaart,” technology provider UL says. “The Rabo Wallet, in addition to being a mobile banking app, also offers client cards, membership cards and vouchers.”

    Nebraska’s Union Bank & Trust to launch HCE mobile payments

    January 19th, 2016

    Customers of Union Bank & Trust (UBT) in Nebraska, USA will soon be able to make host card emulation (HCE) based mobile payments via a mobile app that uses a solution from digital payments provider Prairie… More

    Ford enters the mobile payments market with FordPay

    January 18th, 2016

    Ford car owners will soon be able to make transactions from their vehicle for services such as car parking using FordPay, a virtual wallet that stores payment details on their mobile phone. The feature is part of the FordPass platform which aims to offer drivers more mobility options and also includes merchant rewards. More

    Gemalto’s cloud-based mobile payments system gets MasterCard approval

    January 18th, 2016

    PARTNER NEWS: Digital security giant Gemalto has gained MasterCard approval for a complete cloud-based mobile payment solution that includes everything from backoffice server platforms to the payment software running on cardholders’ mobile phones. More

    Paytm trials sound-based payments

    January 15th, 2016

    Indian mobile payment platform Paytm is trialling a Sound Pay feature that will enable users of its mobile app to make in-store payments via ultrasonic sound waves which transmit data — including payment amount and customer credentials — to the point of sale. “Once the consumer’s app transmits data, the seller’s app checks whether there is enough money in the Paytm wallet before the transaction is completed,” Economic Times reports.

    Diebold takes NFC to the self-checkout

    January 14th, 2016

    ATM manufacturer Diebold has demonstrated a mobile-enabled self-checkout concept that would let shoppers use their mobile device to scan items they want to buy while shopping in-store before checking out at a self-service POS terminal with NFC. More

    Dubai to get payment system based on mobile phone numbers

    January 14th, 2016

    Consumers across Dubai will soon be able to make in-store and online payments using their mobile phone number following an agreement between payment solutions providers Quisk Middle East and Network International. “The next generation solution,… More

    Canada’s BMO to support Apple Pay?

    January 12th, 2016

    Canadian bank BMO is “actively evaluating Apple Pay as a mobile payment option” for its customers, an email seen by iPhone In Canada reveals. “Back in October, sources claimed BMO was planning to launch Apple Pay but that front has remained quiet since then,” the publication reports. Apple Pay launched in Canada with support from American Express in November 2015.

    Nine in ten US Apple Pay users have made an in-store mobile payment

    January 12th, 2016

    More than nine in ten users of Apple Pay in the US (91%) have now made an in-store payment using a credit card stored on their mobile device and two thirds (67%) have made an… More

    Video shows how mobile network operator Econet is deploying NFC payments in Africa

    January 8th, 2016

    PARTNER NEWS: Mobile money specialist Mahindra Comviva has produced a video that shows how NFC payments are being deployed in Africa by Zimbabwe-based carrier Econet Wireless. The film provides an overview of the mobile network operator’s EcoCash service… More

    Samsung Pay to become market leader in Asia?

    January 7th, 2016

    Samsung Pay will become the mobile payments market leader in Asia, with a 49% share of the market in 2016, a Korean investment firm predicts. “Hyundai Securities is estimating that 200m Samsung smartphones will have Samsung Pay next year,” Etnews reports. “As Samsung joins hands with UnionPay, it is expected that Samsung Pay’s influence will expand starting from China.” Samsung announced its partnership with China UnionPay in December 2015.

    E.Sun Bank introduces HCE mobile payments in Taiwan

    January 6th, 2016

    Customers of Taiwan’s E.Sun Bank can now use the bank’s mobile wallet app to make host card emulation (HCE) based mobile payments at contactless terminals. The bank is launching the service in collaboration with Visa…. More

    Samsung Pay heads to Australia, Brazil and Singapore

    January 6th, 2016

    Samsung is to launch its Samsung Pay mobile payment service in Australia, Brazil and Singapore, the company’s Tim Baxter has announced during a keynote at the CES show in Las Vegas. The service will also be available on the Samsung Gear S2 classic smartwatch from early this year, starting in the US. More

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