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    Mobile wallet

    News about Mobile wallet.

    Samsung Pay hits 5m users and is set for global expansion in 2016

    February 21st, 2016

    Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More

    30m users sign up for Apple Pay in China

    February 19th, 2016

    More than 30m Chinese consumers signed up to Apple Pay during its first day of launch in the country, China’s People’s Daily reports. Consumers reported experiencing difficulties when registering their payment cards to the mobile payment service but Apple has since told 9to5mac that the issues were due to a planned gradual rollout of the service throughout the day.

    Google selects Oberthur to deploy Android Pay internationally

    February 19th, 2016

    Google has chosen Oberthur Technologies (OT) to support the international deployment of Android Pay, with an initial launch in Australia scheduled this year. “With its Digital Enablement Platform, OT will support financial institutions in offering their customers this new service by enrolling their payment cards into Android Pay,” OT says. “Together, OT and Android Pay will offer financial institutions a one-stop-shop platform to enable and operate the service.”

    Yes Bank customers get sound-based mobile payments

    February 18th, 2016

    Customers of India’s Yes Bank can now make mobile payments using sound-based technology from Ultracash Technologies. “Ultracash will now be issuing Yes Bank branded digital wallets to consumers,” Ultracash says. Ultracash was launched in October 2015 with support from close to 500 merchants. It now claims to have more than 60,000 active app users and 1,000 supporting merchants.

    40 more US banks sign up for Apple Pay

    February 18th, 2016

    More than 40 US banks and credit unions have joined the list of Apple Pay supporting financial institutions in the US. The number now totals over 1,000, 9to5mac reports.

    Bell ID to support Android Pay integration

    February 18th, 2016

    PARTNER NEWS: Bell ID has added support for Android Pay to its Token Service Provider (TSP) solution, allowing its customers at issuing banks, payment schemes and processors to keep tokenization and detokenization in-house when they offer secure NFC payments on Android phones using Google’s payment system. More

    Apple Pay launches in China

    February 18th, 2016

    Apple Pay has begun rolling out across China, letting consumers pay in-store with compatible Apple devices using their China UnionPay credit and debit cards at QuickPass-enabled POS terminals as well as make purchases within participating mobile apps. More

    ICBC confirms Apple Pay launch date in China

    February 17th, 2016

    Customers of Industrial and Commercial Bank of China (ICBC) will be able to use Apple Pay from 18 February, the bank has confirmed in a series of tweets reported by Reuters. China Guangfa Bank and China Construction Bank are also expected to offer the service to customers from launch.

    FreeCharge takes mobile payments to ePaisa network

    February 16th, 2016

    Mobile wallet provider FreeCharge has partnered with mPOS company ePaisa to offer its services to “thousands” of retailers across India. “Customers paying through the FreeCharge wallet will also be able to avail exciting offers including cashbacks and additional discounts on spends at the registered merchants,” FreeCharge says. The partnership follows the launch of FreeCharge in 216 Indian McDonald’s restaurants.

    Samsung Pay to launch in Russia?

    February 16th, 2016

    Samsung Pay may soon be on its way to Russia, SamMobile reports. “It appears that Russia’s largest mobile carrier has already prepared promotional material for the Galaxy S7; the image leaked online shows a poster with the very familiar looking Galaxy S7 as well as a clear indication that Samsung Pay will be supported,” the publication says. “Samsung Pay might very well be launched in Russia alongside the new flagship in the coming weeks.”

    Apple Pay to launch in China on 18 February?

    February 16th, 2016

    Apple Pay could launch in China this week following confirmation from China Guangfa Bank. “The bank’s WeChat account is dispensing information about Apple Pay and the available menu options include a query about when Apple Pay will be available,” Tech In Asia reports. “If you select that option, the account will tell you it’s coming to China on February 18.” French website iGen is also reporting that the service will make its French debut in the first half of this year, “perhaps during the WWDC to be held in June”.

    Korean banks back Samsung Pay

    February 16th, 2016

    Korean banks are lining up to support Samsung Pay, including Shinhan Bank, KB Kookmin Bank, NH Nonghyup Bank and Industrial Bank of Korea, Korea Joongang Daily reports. “Currently, Samsung Pay only works with Woori Bank, but the exclusive contract between the two will expire next month, and now, more institutions are seeking to link up with Samsung Pay,” the publication says. 80,000 credit and debit cards were registered on Samsung Pay in Korea within a week of its launch.

    Apple Pay awareness, adoption and usage drops in the US

    February 12th, 2016

    One fifth of iPhone 6 owners in the US (20%) have used Apple Pay at least once, research from First Annapolis Consulting reveals, down from 22% in spring last year. 15% say they use it regularly — more than once per month — down from 19% in the 2015 survey. More

    PayPal partners with Vodafone for NFC payments in Europe

    February 12th, 2016

    Vodafone Wallet users in Europe will soon be able to make NFC mobile payments at stores, restaurants and other retail locations using their PayPal accounts. The agreement between the online payments provider and Vodafone marks the… More

    Samsung Pay to make UK and Spain debut “very soon”

    February 11th, 2016

    Samsung Pay will launch in the UK and Spain “very soon”, the head of Samsung Pay Europe has announced during the phone-maker’s European Forum 2016 event in Monaco. “More details at Mobile World Congress in a few weeks’ time,” Pocket-lint reports the company’s Nathalie Oestmann as saying.

    Apple Pay glitch prevents users adding Visa cards

    February 10th, 2016

    Apple has now resolved a service outage that meant users were unable to add credit cards and debit cards to Apple Pay for almost seven hours today. “The issue only appears to be affecting Visa cards, not American Express, MasterCard or Discover cards,” 9to5mac reported. “Making payments with Apple Pay and Visa cards also appears unaffected as the issue is only with adding new cards to Apple Pay.”

    Visa offers mobile card controls

    February 10th, 2016

    Consumers will soon be able to stop transactions taking place if their card is lost or stolen, set spending controls and receive transaction alerts on their smartphone via a new service launched by Visa. “Financial institutions who adopt Visa Consumer Transaction Controls will be able to offer the service through their mobile banking application, mobile wallet or website,” Visa says. “Issuers can choose the features to provide to their consumers.”

    Apple Pay reaches mobile app inflection point

    February 10th, 2016

    Apple Pay has seen an acceleration in mobile app acceptance across the US, according to Piper Jaffray analyst Gene Munster, who calls it an “inflection point” in a recent investor note reported by Quartz. “While most attention has been paid to which retail stores have started accepting Apple Pay, the iPhone-based payment service has quietly made serious progress in mobile commerce,” the publication says. Apple Pay is also leading POS mobile payments in the US, according to the firm.

    Apple’s Error 53 shuts down handsets with Touch ID repairs

    February 9th, 2016

    iPhone 6 users have been left with broken handsets as a result of Apple’s latest iOS 9 operating system update permanently disabling devices if it detects that Touch ID’s hardware integrity has been compromised —… More

    3bn loyalty cards will move to mobile by 2020

    February 9th, 2016

    More than 3bn loyalty cards will operate as mobile-only or will be integrated into mobile apps by 2020, up from 1.4bn last year, Juniper Research predicts. “Brands and retailers are increasingly responding to consumer demand for mobile integration, with many now offering customers the opportunity to store their loyalty cards within a dedicated digital wallet,” the research firm says.

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