News about PayPass.
January 29th, 2016
Visa PayWave accounted for 61% of the 1.4bn contactless payments made in Europe in 2014, research from RBR reveals, with MasterCard PayPass accounting for the “vast majority” of the remainder. “Contactless has spread rapidly in Europe and RBR forecasts the payment volume to increase nine-fold between 2014 and 2020,” the firm adds.
November 24th, 2015
Mobile network operator Three has launched a SIM-based NFC mobile payments service in Austria. “For this new service, a virtual debit card with contactless payment function based on MasterCard PayPass is being stored on the Android smartphone’s NFC SIM card,” the carrier says. “Three customers can test 3Geldbörse for two months for free. After two months, the new services costs 1€/month.”
July 28th, 2015
Hong Kong Telecommunications (HKT) subsidiary HKT Payment has launched a SIM-based NFC mobile payment service to let customers of its 1010 and Csl mobile service brands pay at more than three million locations worldwide which…
July 10th, 2015
Customers of Russia’s Alfa-Bank can now use a contactless-enabled watch designed and supplied by Austrian company Watch2Pay to make payments with a tap of their wrist wherever MasterCard PayPass is accepted. “AlfaPay wristwatch is a…
June 23rd, 2015
The Ukrainian capital of Kiev has become the fifth city in the world, after London, St Petersburg, Chicago and Bucharest, to allow fares to be paid with open loop contactless cards. Transport operator Kyivsky Metropoliten has installed contactless turnstiles equipped with MasterCard PayPass technology in 17 stations across the subway in partnership with Oshchadbank.
June 10th, 2015
Financial products and services provider The Bancorp will offer open loop mobile prepaid cards that make use of host card emulation (HCE) to its European issuers in the fourth quarter of this year, through a…
June 4th, 2015
Russia’s Gazprombank and MasterCard are piloting NFC mobile and contactless card payments for transit fares using PayPass terminals across the K-39 bus route in St Petersburg. “Residents and guests will be able to quickly, easily and securely pay for their fare by bank cards and others devices; mobile phones, watches, key chains, stickers etc,” MasterCard says.
February 27th, 2015
Bulgaria’s First Investment Bank is joining forces with MeaWallet to provide the bank’s customers with a mobile payments service which uses cloud-based security and host card emulation (HCE) technology. The service will work at all outlets that accept MasterCard PayPass and Visa PayWave payments and is due to launch later this year.
February 24th, 2015
An estimated 9.5m NFC-ready point-of-sale (POS) terminals were shipped worldwide in 2014, research from Berg Insight has revealed, and the company forecasts that the global installed base of NFC-ready POS terminals will grow at a…
November 25th, 2014
Ugo, an open NFC mobile wallet developed by Canadian banks President’s Choice Financial and TD Bank Group, is now available to customers of all three major Canadian carriers who own one of a range of…
July 7th, 2014
Participants in The Hungarian Mobile Wallet Association’s MobilTarca NFC pilot made 41,000 payments valued at more than 120 million HUF (US$525,000) during the first 12 months of the trial, the association has revealed. Users also…
June 30th, 2014
Russian Standard Bank has partnered with Samsung and MasterCard to offer NFC payments to consumers with a Galaxy S4 or Note 3 mobile phone. The service is the second embedded NFC payments service to be…
May 7th, 2014
Deutsche Telekom has launched MyWallet, an NFC service that allows customers with any of 18 supported Samsung and Sony Android NFC devices to make payments at MasterCard PayPass merchants. The service is live in Germany…
April 8th, 2014
Australia’s Westpac bank is to launch its NFC mobile payments service on Samsung Galaxy S4 and S5 devices “over the next few weeks” with the functionality being “rolled out progressively” from this month. By 2015, the bank predicts, three million Australians will be using NFC to make payments.
March 26th, 2014
NBS Technologies has added support for host card emulation (HCE) to its Xpressi Trusted Service Manager (TSM) platform, enabling customers to deploy both Visa PayWave and MasterCard PayPass NFC services in the cloud. HCE “could be the breakthrough our industry has been looking for,” says NBS chief software architect Robin Ehrlich.
February 7th, 2014
The NFC mobile wallet being tested by Hungarian carriers Magyar Telekom, Vodafone and Telenor with MasterCard, OTP Bank and loyalty scheme operator SuperShop is expanding its range of services to include ticketing for live events…
December 17th, 2013
Russian premium supermarket chain Land is piloting personalised NFC shopping using technology developed by Synqera, which combines ‘Loyalty Generator’ coupon dispensers at the front of the store and NFC-enabled Simplate payment devices at the checkout.
November 20th, 2013
Hong Kong’s Hang Seng Bank is expanding its NFC payments service to customers of mobile network operator CSL. The Hang Seng Mobile Payment Service has been available to PCCW Mobile customers since July and will now also be offered to CSL’s 1010 and One2free subscribers. Hang Seng MasterCard holders using an Android NFC phone are able to make payments through MasterCard PayPass terminals at over 3,000 merchants, the bank says.
November 6th, 2013
Canadian banks President’s Choice Financial and TD Bank Group are to launch Ugo, an open NFC mobile wallet, in 2014. Loblaw, Canada’s largest retailer, has joined as Ugo’s first retail partner, bringing its PC Plus…
November 5th, 2013
Ukraine-based PrivatBank has developed an ATM that uses NFC to “significantly reduce” product costs by eliminating the need to include a pin pad, screen and other user interface features.