Customers of four Canadian credit unions will be able to make host card emulation (HCE) based mobile payments at Interac Flash contactless terminals across the country from this spring... More
POS
Mobile payments face “substantial hurdles” in 2016, says Atlanta Fed
Limited merchant acceptance points, fragmentation and consumer concerns over security and privacy will remain “substantial hurdles” to mobile payments at the physical point of sale in 2016, according to analysts at the Federal Reserve Bank of Atlanta... More
Vodafone to roll out NFC mobile ticketing in Spanish cities
Vodafone Spain is to begin rolling out NFC mobile ticketing through its Vodafone Wallet in cities across Spain... More
Morpho and Visa work on biometric authentication
ID specialist Morpho is working with Visa to explore payment concepts using new security technologies including biometric recognition... More
G&D connects its issuers to MDES for tokenization
PARTNER NEWS: Giesecke & Devrient (G&D) has integrated its Convego CloudPay solution with the MasterCard Digital Enablement Service (MDES) to enable issuers to work directly with G&D to implement tokenization for their host card emulation (HCE) based wallets... More
UK startup unveils smart card that will store multiple bank cards for contactless payments
London-based startup Curve has launched a physical payment card that will let consumers store an “unlimited number” of bank cards and make contactless payments at point-of-sale terminals wherever MasterCard cards are accepted. More
Apple Pay launches in China
Apple Pay has begun rolling out across China, letting consumers pay in-store with compatible Apple devices using their China UnionPay credit and debit cards at QuickPass-enabled POS terminals as well as make purchases within participating mobile apps. More
MasterCard reports 150% increase in contactless transactions in Europe
More than one billion contactless MasterCard and Maestro transactions were processed in Europe in 2015, up 150% on 2014, MasterCard reports... More
FreeCharge takes mobile payments to ePaisa network
Mobile wallet provider FreeCharge has partnered with mPOS company ePaisa to offer its services to “thousands” of retailers across India... More
Visa claims 10% stake in Square trading shares
Visa has revealed it has a 9.99% stake of Class A shares in mobile POS provider Square... More
PayPal partners with Vodafone for NFC payments in Europe
Vodafone Wallet users in Europe will soon be able to make NFC mobile payments at stores, restaurants and other retail locations using their PayPal accounts... More
Payleven raises $10m for mPOS growth
European mobile point of sale specialist Payleven has closed a US$10m Series D funding round, bringing the total raised to date to $51m... More
Mobeam update brings loyalty to POS scanners
Mobeam has updated its mobile coupon and offer app Beep’nGo to let customers use retail loyalty cards, gift cards and barcode coupons on their smartphone at checkout scanners for the first time... More
Apple Pay reaches mobile app inflection point
Apple Pay has seen an acceleration in mobile app acceptance across the US, according to Piper Jaffray analyst Gene Munster, who calls it an “inflection point” in a recent investor note reported by Quartz... More
FitPay launches Kickstarter campaign to bring NFC smartstrap to market
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
Cash by Optus adds contactless bands and stickers to reach beyond Android owners
Consumers using Cash by Optus — the prepaid NFC SIM-based payments service launched by Australian mobile network operator Optus in November 2014 — can now make payments using a contactless wristband or a sticker attached to their mobile phone. More
Kazakhstan gets HCE payments
Customers of Kazkommertsbank (KKB) in Kazakhstan can now make host card emulation (HCE) based NFC mobile payments using a new service launched in partnership with Visa... More
MoboMoney takes sound-based mobile payments to India
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
FitPay closes $3.1m round led by G&D
Wearable payments provider FitPay has closed a US$3.1m seed funding round led by Giesecke & Devrient (G&D)... More
Apple begins selling Square contactless reader
Apple has begun selling mobile POS provider Square’s US$49 contactless readers in its US stores as well as online... More