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    Paym reports 89% increase in use in second half of 2015

    February 9th, 2016

    More than £146m has been sent using peer-to-peer mobile payments platform Paym since its launch in 2014, with 1.46m payments sent in the second half of 2015 compared to 774,628 in its first six months — an increase of 89% — the company has revealed.  More

    FitPay launches Kickstarter campaign to bring NFC smartstrap to market

    February 9th, 2016

    Wearable payments company FitPay has launched a campaign on Kickstarter to crowdfund the production of an NFC payment smartstrap for the Pebble Time family of smartwatches.  More

    MoboMoney takes sound-based mobile payments to India

    February 8th, 2016

    Indian consumers can now make payments at participating retail locations using their mobile device and sound based technology developed by startup ToneTag. The feature has been integrated into MoboMoney, an NFC payments platform launched by information technology provider Tech Mahindra in December 2015, to extend the service to a greater number of mobile devices and merchants across the country. More

    Global mobile payment market to hit $620bn in 2016

    February 4th, 2016

    Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019. More

    Visa launches cross-marketing network for coupon-free digital rewards

    February 1st, 2016

    US merchants can now send targeted offers and rewards to their customers that can be redeemed at other merchants’ locations via Visa Commerce Network, a new service launched by Visa that eliminates the need for coupons at the point of sale. More

    Uber China adds cross-border Alipay support

    February 1st, 2016

    Chinese consumers using taxi hailing app Uber will soon be able to pay for their journeys using Ant Financial’s mobile payment platform Alipay when travelling abroad. “The partnership will enable riders from mainland China to use their Alipay accounts to pay for Uber rides when they’re travelling in other regions,” Uber China says. “Uber riders have been able to use Alipay to pay for their rides in mainland China since 2014.”

    Study reveals global views on payment data security

    January 27th, 2016

    A 16-page study that presents findings from research into how companies approach payment data security is now available to download from the NFC World Knowledge Centre. The study also reveals why IT professionals believe the risk… More

    Metrolink to deploy mobile ticketing across Southern California

    January 26th, 2016

    Passengers on Southern California’s Metrolink rail system will soon be able to pay for tickets on their smartphone and validate them at barcode readers on station turnstiles. The service will use Masabi’s JustRide platform and will be deployed in Los Angeles, Orange, Riverside, San Bernardino and Ventura counties, as well as Oceanside in San Diego County. “Mobile tickets will be made available for travel across all of Metrolink’s seven lines and nearly 60 stations by the fall,” Masabi says.

    Bell ID acquired by chip maker Rambus’ digital security division

    January 26th, 2016

    PARTNER NEWS: Tokenization and mobile payments specialist Bell ID has been acquired by chip maker Rambus. Bell ID will form part of Rambus’ Cryptography Research division, which specialises in embedded security solutions including tamper resistance,… More

    Broadway theatres deploy BLE beacons

    January 25th, 2016

    Theatregoers on New York’s Broadway can now get information about the show they are seeing and receive offers from local restaurants, bars and other venues via Bluetooth Low Energy (BLE) beacons and the Playbill Passport app. The app has been developed by technology company Broadway Voice and Playbill magazine while the beacons have been supplied by Gimbal and are used in conjunction with Urban Airship’s mobile marketing platform.

    Gemalto supplies NFC SIMs to Russian carriers for transit ticketing in Moscow

    January 21st, 2016

    PARTNER NEWS: Digital security giant Gemalto is supplying Russian mobile network operators MegaFon and VimpelCom with UpTeq Multi-Tenant NFC SIMs that allow the carriers’ subscribers to board metro trains, trams and buses across Moscow using… More

    Carta and NXP to enable NFC payments and offers on wearables, mobile and connected devices

    January 20th, 2016

    PARTNER NEWS: NXP and transaction technology provider Carta are to integrate Carta’s digital transaction platform with NXP’s NFC capabilities, with the aim of enabling NFC payments, loyalty and offers to be deployed across a wide… More

    Nebraska’s Union Bank & Trust to launch HCE mobile payments

    January 19th, 2016

    Customers of Union Bank & Trust (UBT) in Nebraska, USA will soon be able to make host card emulation (HCE) based mobile payments via a mobile app that uses a solution from digital payments provider Prairie… More

    NXP and Guala add NFC security to wine and spirit bottle caps

    January 19th, 2016

    PARTNER NEWS: Leading bottle cap supplier Guala Closures Group is working with chip maker NXP to develop NFC-enabled closures for wine and spirit bottles that will allow consumers to check the product’s authenticity and whether or not the beverage has been tampered with. More

    Ford enters the mobile payments market with FordPay

    January 18th, 2016

    Ford car owners will soon be able to make transactions from their vehicle for services such as car parking using FordPay, a virtual wallet that stores payment details on their mobile phone. The feature is part of the FordPass platform which aims to offer drivers more mobility options and also includes merchant rewards. More

    Gemalto’s cloud-based mobile payments system gets MasterCard approval

    January 18th, 2016

    PARTNER NEWS: Digital security giant Gemalto has gained MasterCard approval for a complete cloud-based mobile payment solution that includes everything from backoffice server platforms to the payment software running on cardholders’ mobile phones. More

    Paytm trials sound-based payments

    January 15th, 2016

    Indian mobile payment platform Paytm is trialling a Sound Pay feature that will enable users of its mobile app to make in-store payments via ultrasonic sound waves which transmit data — including payment amount and customer credentials — to the point of sale. “Once the consumer’s app transmits data, the seller’s app checks whether there is enough money in the Paytm wallet before the transaction is completed,” Economic Times reports.

    NanoPay acquires Mintchip digital currency

    January 12th, 2016

    Mintchip, the digital currency developed and field tested in an NFC payments pilot by The Royal Canadian Mint, has been acquired by Loyalty Pays Holdings Corporation, a subsidiary of NanoPay. “NanoPay is now focused on expanding partnerships with central banks, commercial banks, telcos, acquirers, retailers as well as developers and POS providers that will further expand the utility and acceptance of MintChip,” the loyalty and payments platform provider says.

    Video shows how mobile network operator Econet is deploying NFC payments in Africa

    January 8th, 2016

    PARTNER NEWS: Mobile money specialist Mahindra Comviva has produced a video that shows how NFC payments are being deployed in Africa by Zimbabwe-based carrier Econet Wireless. The film provides an overview of the mobile network operator’s EcoCash service… More

    NXP to showcase NFC and IoT technologies in 86 cities around the world

    January 7th, 2016

    PARTNER NEWS: NXP is to showcase NFC and the Internet of Things (IoT) in a world tour that includes stops in 86 cities. The Smarter World Tour “is a highly visible, 36 tons, 2 levels, fully mobile semi-truck trailer designed by Luigi Colani which turns into a large and spacious mobile tradeshow,” NXP says. More

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