News about PIN.
May 24th, 2016
US bank Wells Fargo is expected to launch an NFC-based mobile payment service this week, according to the Los Angeles Times. “With mobile wallets such as the one Wells Fargo plans, consumers enter their credit card information in their phones before shopping with merchants who use NFC technology,” the publication reports. “The consumer holds the phone over a payment terminal and taps a button on the phone or enters a PIN.”
May 19th, 2016
Bank of America (BofA) customers can now make cash withdrawals at ATMs in the US using their mobile phone and Google’s Android Pay mobile payment service, the bank has announced at this week’s Google I/O…
May 17th, 2016
South African consumers will soon be able to make payments using an NFC sticker on the back on their mobile phone via a service launched by mobile financial services provider MobiCash and mobile payments platform Boloro….
May 12th, 2016
Barclays is to begin rolling out a host card emulation (HCE) based mobile payment feature to its mobile banking app in June, the UK bank has confirmed to NFC World. The service — known as Barclays Contactless Mobile — will enable customers to make transactions at any contactless terminal as well as pay for services across Transport for London (TfL) with a tap of their Android device.
May 11th, 2016
US supermarket giant Walmart has filed a lawsuit against Visa for “allegedly forcing the retailer to let customers use signatures when paying with their chip-based debit cards,” according to CNBC. “The retail giant filed a lawsuit in New York court, saying that Visa wouldn’t allow Walmart to just use the chip & PIN protocol and that it was required to allow customers to sign when using a chip debit card,” the CNBC website reports. The EMV liability shift took place across the US in October 2015.
April 26th, 2016
PARTNER NEWS: Prepaid card processor Tutuka has begun the implementation of digital payment solutions provider Proxama’s Digital Enablement Platform (DEP) for a fully independent cloud-based payment (CBP) solution in the Middle East, Asia and Africa. “Proxama will…
April 21st, 2016
Customers of Banco Santander in Spain can now make host card emulation (HCE) based mobile payments using their NFC devices and the Santander Wallet mobile app. “The customer can select the card they want to pay for each purchase but, for convenience, they can also choose a favourite to be used by default,” the bank says. “For payments under €20, the PIN code is not required.”
April 11th, 2016
Customers of Priorbank in Belarus can now make mobile payments using a new HCE service that supports MasterCard and will be extended to include Visa cards later this year. “The bank plans to implement the mobile issuing service for both debit and credit cards,” says technology provider OpenWay. “Each transaction over 200,000 Belarusian rubles (about US$10) is confirmed by PIN.”
March 24th, 2016
A white paper that examines the advantages of using new, digital PIN delivery mechanisms to replace traditional PIN mailers is now available to download from the NFC World+ Knowledge Centre.
February 25th, 2016
Consumers in New York, Miami, Chicago and Los Angeles can now make P2P cash withdrawals using a PIN code sent to their mobile phone at ATMs equipped with technology from Pin4 and ATM network operator Payment Alliance International. “Pin4 sends a text to the money recipient’s phone revealing a secure PIN, which they enter along with a code the sender has provided,” Pin4 says. “Pin4 will continue expansion throughout the year and will have full nationwide access in the fourth quarter of 2016.”
February 10th, 2016
Customers of Australia’s ANZ bank can now make host card emulation (HCE) based mobile payments “with the broadest range of cards on offer” using a new ANZ Mobile Pay service.
February 1st, 2016
NFC World is pleased to welcome NFC and mobile payments pioneer Proxama as a member of its partner program. The company was involved in some of the world’s first NFC payments projects and now offers…
January 22nd, 2016
The value of payments made using a Barclaycard contactless card increased by 164% in 2015 compared to the year before, the UK card issuer has revealed, while the average transaction value increased by 26% to £8.65 (US$12.40)….
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…
January 18th, 2016
Customers of the USA’s Radius Bank can now make peer-to-peer money transfers using the recipient’s email address or mobile number. “To send money via Radius Pay a Friend, users simply access the service from their online or mobile banking account, enter the recipient’s email address or mobile phone number and payment amount and verify the transaction using their debit card’s personal identification number,” the bank says.
January 15th, 2016
Barclaycard has begun rolling out a host card emulation (HCE) based mobile payment feature to its mobile app this week, with a complete rollout expected by early next week. Users can make NFC payments of up to £30 (US$43) with just a touch, and high-value contactless payments of up to £100 (US$143) by entering their PIN on their mobile device.
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,…
January 13th, 2016
Customers of Italian banking group Intesa Sanpaolo can now make host card emulation (HCE) based NFC mobile payments using a new service called PayGo. “To make payments, customers need to place their smartphone near a…
January 5th, 2016
US consumers will soon be able to place grocery orders with online grocer FreshDirect and supermarket chain ShopRite by entering the items they wish to purchase into a touchscreen built into Samsung’s new Family Hub refrigerator.
December 2nd, 2015
Almost two thirds of Australian consumers (64%) prefer contactless payments to cash and 66% prefer using tap and go to entering their PIN for transactions under $100, research from MasterCard reveals. “Shoppers in West Australia have the highest preference for contactless payments in the country (72%), followed by shoppers in New South Wales (67%), Victoria and Tasmania (66%),” the payment network says.