News about PIN.
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.
November 30th, 2015
Chinese ecommerce giant Tencent has launched a mobile wallet service in South Africa in partnership with Standard Bank. The service lets users of social messaging app WeChat make P2P transfers, pay for services such as airtime, data and electricity and make in-store payments by scanning QR codes at merchants supporting the SnapScan mobile payments platform.
November 24th, 2015
Customers of United Overseas Bank (UOB) in Singapore can now make host card emulation (HCE) based mobile payments for transactions of any value at all Visa PayWave or MasterPass terminals. The new service also makes use of tokenization.
November 23rd, 2015
UK consumers may soon be able to authenticate online and mobile transactions using a PIN-based solution from myPINpad following trials with UK payments infrastructure operator VocaLink. “Collaborative discussions have already been initiated with a number of the UK’s leading banks, acquirers and issuers, merchants and PSPs, focused on a number of authentication use cases,” myPINpad says.
November 18th, 2015
Nearly nine in ten UK consumers (85%) would like to be notified on their mobile of high value transactions and authorise the payment with a PIN code, research from myPINpad shows. 90% of frequent online shoppers also say that they would use a PIN to authorise payment via their mobile. “69% of respondents feel secure shopping in-store thanks to chip & PIN,” the company says.
November 16th, 2015
Barclaycard customers will be able to use the host card emulation (HCE) function being added to the bank’s app to have lost or stolen plastic cards instantly re-issued to their mobile devices so they can…
October 21st, 2015
PARTNER NEWS: ATM manufacturer Diebold has teamed up with HCE specialist SimplyTapp to offer banks a way to use their ATM network to add a layer of card present security to their mobile wallet provisioning…
October 12th, 2015
ATM manufacturer Wincor Nixdorf is launching an ATM that will allow customers to withdraw cash using an NFC smartphone or contactless card, or by scanning a QR code. “Smartphone users can initiate cash withdrawals via an app that features the branding of the bank they use,” the company says. “When cash is withdrawn using an NFC card, bank customers enter their PINs using a special encrypting touch sensor.”
October 5th, 2015
Fans of basketball team Miami Heat will now be able to make purchases at concession stands across the AmericanAirlines Arena by having a QR code scanned on their mobile device. Funds are debited from a…
October 1st, 2015
UK-based payment processor Worldpay is conducting trials of a facial biometric verification system for payments in stores, using a prototype device that includes an upward-facing camera embedded into a POS terminal. The PED Cam (PIN…
September 29th, 2015
European mPOS company SumUp has launched its mobile card acceptance solution in Sweden, expanding its footprint to 14 countries including Germany, the UK and Brazil. “With its PIN+ Card Terminal, SumUp will be the first company to offer a proprietary card terminal to small businesses in Sweden,” the company says. The expansion follows a €10m (US$11.2m) funding round in August 2015.
September 17th, 2015
Eight in ten UK consumers with bank accounts have used an alternative to traditional cash and plastic cards in the last 12 months, research by Gocompare.com has found. 4% have made an NFC mobile payment,…
September 16th, 2015
South Africa’s Absa Bank is to be the first to develop a proof of concept trial of a new Visa specification that will enable the use of biometrics to verify EMV chip card transactions. The…
September 8th, 2015
Consumers will be able to make contactless transactions for high value payments above the current limit at all contactless terminals across Europe by 2017, MasterCard has announced. The move follows the payment network’s confirmation that…
August 6th, 2015
Samsung Smart TV owners will be able to make payments directly on the device by selecting the item they wish to purchase, pressing Pay Now and entering a PIN. Samsung Pay on TV will support “major credit cards, debit cards, PayPal as well as other mobile billing options,” Samsung says. “Samsung mobile device users can easily transfer their Samsung account information and registered payment methods to the Smart TV.”
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…