News about PIN.
May 15th, 2015
Contactless users in India can make payments of up to Rs2,000 (US$31) without using a PIN, following the Reserve Bank of India’s relaxation of its requirement for two-factor authentication. “Beyond this transaction limit the card has to be processed as a contact payment, and authentication with PIN will be mandatory,” the bank says. “Banks have been advised to put in place suitable velocity checks as considered appropriate.”
April 15th, 2015
KFC is letting customers use their phones to pay for meals through mobile network operator Airtel’s mobile money platform in five of the fast-food chain’s stores in Accra, Ghana. “The process is quite simple,” the carrier explained…
March 31st, 2015
Close to one million New Zealanders now have the ability to make NFC payments with the nationwide launch of Semble, a SIM-based mobile wallet introduced by two New Zealand banks, three carriers and payments network…
March 30th, 2015
Vodafone customers in five major European markets will be able to use their Visa cards to make NFC mobile payments from the second quarter of this year with a new SIM-based service that makes use of tokenization technology.
March 18th, 2015
Facebook users in the US will soon be able to make and receive secure mobile payments for free via the social network’s Messenger app. The service is rolling out “over the coming months”, Facebook says….
March 10th, 2015
Sweden-based mobile payments provider Seamless is offering users of its Seqr mobile payments service up to 3% cashback on their purchases, “valid on all purchases and effective on top of any other loyalty program or discount.” The offer is designed to persuade more consumers to adopt mobile payments, CEO Peter Fredell has told NFC World, and is financed via a mixture of revenue streams.
February 18th, 2015
Burger King has begun testing a mobile payments service in Germany that allows customers to place and pay for orders using their mobile phone and then use designated fast lanes at participating restaurants to collect…
January 22nd, 2015
Three quarters of British consumers aged 16 to 24 (76%) say they would feel comfortable using biometric security when making a payment, with more than half keen to see facial recognition, fingerprints and retina scans replace passwords…
January 19th, 2015
Financial services group the United Services Automobile Association (USAA) is to enable its members to use biometric authentication, including face and voice verification, to log in to their accounts on their smartphone. The function is expected…
December 8th, 2014
Customers of nine banks representing 80% of the Belgian market can now make use of Sixdots, a mobile wallet service that uses a combination of QR codes and a six-digit PIN to make payments in…
November 26th, 2014
A new service that lets NFC phone users enter their PIN on their mobile device to confirm a high value transaction is making it possible for UK consumers to make contactless payments valued at more…
November 18th, 2014
Users of the Venmo mobile payment app can now sign in with Apple’s TouchID feature on the iPhone 5S, 6 and 6 Plus. “If you have a Apple device with TouchID, you can now use your fingerprint instead of a PIN to access the Venmo app,” the company says.
November 11th, 2014
Four in ten (42%) of the 200 cardholders who took part in a trial of Zwipe’s biometric payment card conducted by Norway’s Sparebanken say they think the fingerprint security solution is more secure than using a PIN code to verify a transaction. More than 80% of participants also found it to be faster than using a PIN.
October 21st, 2014
Singapore carrier Singtel is taking carrier billing into the physical goods world with a pilot test of a service that lets customers order Angry Birds plush toys for delivery to their home address and charge…
October 20th, 2014
MasterCard has partnered with Zwipe, maker of a contactless payment card that includes an integrated fingerprint biometric sensor, for the commercial launch of the technology following a pilot with Norway’s Sparebanken DIN.
October 20th, 2014
US President Barack Obama has signed an executive order “directing the government to lead by example in securing transactions and sensitive data” by adding chip and PIN security to payment cards. “He is calling on all stakeholders to join the Administration and a number of major corporations in driving the [US] economy toward more secure standards to safeguarding consumer finances and reduce their chances of becoming victims of identity theft — America’s fastest-growing crime,” the White House says.
October 15th, 2014
Groupe BPCE, the second largest banking group in France, has launched a service that will let users of its S-Money mobile app send money transfers via Twitter.
October 9th, 2014
Spain’s CaixaBank is making contactless wristbands available to customers at all of its branches, enabling customers to make payments at any of the more than 300,000 contactless terminals in Spain by simply touching the band…
October 8th, 2014
TSM NZ, the NFC payments joint venture between New Zealand’s carriers and the Paymark payments network, has announced a new brand name, a November date for its first trials — and a marketing partnership with…
October 6th, 2014
Users of Chicago Transit Authority (CTA) transportation services can now get half price journeys when they pay using the Serve prepaid card stored in their Softcard NFC mobile wallet. To take advantage of the offer,…