Hong Kong ATM network Jetco has partnered with seven banks in Macau to offer Jetco Pay P2P, the mobile phone number-based transfer service that launched with 12 banks in January 2016... More
P2P
European Central Bank calls for Europe-wide P2P mobile payments by end of 2017
Consumers will be able to make peer-to-peer (P2P) mobile payments across Europe using only the payee’s mobile phone number which will act as proxy for their international bank account number (IBAN) by the end of 2017, the European Central Bank (ECB) has revealed... More
Apple Pay targets US retail and transport expansion
Apple Pay is now accepted by 35% of US retailers, representing about 4m locations across the country, Apple VP Jennifer Bailey has revealed during the Re/code Code Commerce event in San Francisco... More
FIS to offer Zelle support
Banking and payments technology provider FIS is to offer Early Warning’s Zelle P2P payment service to its financial institutions... More
Twyp mobile payments app service to close in Netherlands
P2P mobile payments app Twyp is to be closed down in the Netherlands from 15 December 2016 after customers there said they “don’t need or want a separate app to make payments to friends”... 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
Finland to get multi-bank P2P mobile payments platform
Finnish consumers will be able to make P2P mobile payments using a mobile phone number from March 2017 through Siirto, a new platform unveiled by ATM operator Automatia — a company owned by three of the country’s banks including OP Bank Group, Nordea Bank and Danske Bank... More
Seqr launches P2P payments in 14 European countries
Swedish mobile payments specialist Seamless’ Seqr mobile payment platform has launched a P2P money transfer service that enables users to instantly transfer money to each other “regardless of where they are in the world”, the company says... More
US consumers’ use of in-store mobile payments set to soar
The value of mobile payment transactions made in the US is expected to rise 183.3% this year to US$27.67bn, more than doubling next year and reaching US$314.13bn by the year 2020, research released by eMarketer reveals... More
ING to extend Twyp to 3,500 retail locations
ING wants to enable Spanish consumers “to collect cash with their mobile” in 3,500 retail locations using Twyp, the bank’s P2P mobile payments app launched in December 2015... More
PayPal talks up in-store mobile payments and One Touch adoption
In-store mobile payments have experienced a “long and difficult road” but the functionality is now starting to resonate with consumers, PayPal’s EVP and chief operating officer Bill Ready has told attendees during a keynote at Money20/20... More
Western Union launches P2P mobile app
Money transfer network Western Union has launched a mobile payment app in Canada to enable domestic and cross-border money transfers... More
Citi joins ClearXChange
US bank Citi has become the latest to join Early Warning’s bank-led digital payments network ClearXChange... More
Frost Bank joins ClearXChange
US financial institution Frost Bank has joined Early Warning’s bank-led digital payments network ClearXChange... More
CBA and Barclays team up for P2P payments
Customers of the Commonwealth Bank of Australia (CBA) and UK bank Barclays will soon be able to send money to each other using a mobile phone number through CBA’s CommBank app and Barclays’ Pingit P2P payment service... More
Google Wallet gets automatic transfers
An update to Google Wallet is adding support for automatic transfers to bank accounts... More
Mastercard and Visa join ClearXChange
Mastercard and Visa have joined Early Warning’s peer-to-peer network ClearXChange, allowing US consumers to send money to others using their Mastercard or Visa credit and debit cards... More
Mobile-only bank goes live in Germany
Mobile network operator Telefónica Deutschland has launched a mobile-only bank in partnership with Fidor Bank in Germany. The service will allow peer-to-peer (P2P) transactions to be made using mobile phone numbers and will come with a Mastercard debit card for in-store and ATM transactions. More
Capital One joins ClearXChange
Customers of Capital One in the US can now make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange... More