News about Prepaid.
June 29th, 2015
Barclaycard has unveiled a second generation of its bPay wristbands and is to add contactless-enabled keyfobs and stickers to the range of bPay devices that will be made available for purchase on 1 July.
June 26th, 2015
Digital payments enabler PayRange has secured US$12m in Series A funding to drive mobile payment acceptance in the vending machine industry with a plug-in dongle called BluKey. “PayRange uses a small device which plugs into the back of the machine and a customer-side mobile app to enable any vending machine to accept all forms of payment,” the company says. The US$49 device uses Bluetooth Low Energy, says PayRange, and the prepaid app can be funded with both Apple Pay and Android Pay.
June 25th, 2015
Swedish firm Seamless is preparing to roll out its mobile payments solution SEQR in the UK, with the first merchants expected to begin using the service at the end of the summer. The move follows the platform’s launch in the US earlier this month. “The UK will also be the first country in which SEQR will offer a prepaid account to process payments,” Seamless says.
June 23rd, 2015
Spanish supermarket chain Bonpreu is to roll out a mobile payments service to 170 stores, using a platform developed by Dinube that combines proprietary tokenization algorithms, NFC and biometric fingerprint security. Dinube charges merchants a…
June 10th, 2015
Financial products and services provider The Bancorp will offer open loop mobile prepaid cards that make use of host card emulation (HCE) to its European issuers in the fourth quarter of this year, through a…
June 8th, 2015
Visa Europe has confirmed that it will play a part in the the UK launch of Apple Pay and will give debit, credit and reloadable prepaid cardholders access to the payment system. “Visa Europe would like to confirm that it is part of the Apple Pay launch in the UK coming at the beginning of July,” the payment network says. “Further details and information will be shared shortly.” MasterCard revealed last week that it was ready to switch on Apple Pay in Europe.
May 13th, 2015
Orange Spain is to launch a new version of its Orange Cash service allowing users to pay with their smartphone at Visa contactless point-of-sale terminals and make online payments using one-time generated virtual cards. A previous version…
May 6th, 2015
Supporters of Saracens rugby union club have been given prepaid contactless wristbands that let them pay for food and drink with a tap at the club’s Allianz Park stadium in north London, as well make payments outside…
May 6th, 2015
Barclaycard is to shut down its first generation bPay prepaid contactless wristband at the end of the month and will launch “a newly designed wristband that’s lighter, slimmer and comes in a choice of colours… in a couple of months”….
April 23rd, 2015
Vodafone customers in the Netherlands can now make NFC payments with a mobile version of a credit card. Visa credit cards from International Card Services (ICS) can be added to the Vodafone Wallet app running on Android NFC handset equipped with an NFC SIM. Vodafone Wallet users have been able to make NFC payments with the operator’s own SmartPass prepaid account since March 2014.
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 17th, 2015
MFS, a joint venture between Telefonica-owned carrier Vivo and MasterCard, has expanded its Vivo Zuum mobile payment service to São Paulo, the biggest city in Brazil. The service lets users make in-store payments via USSD, pay bills, transfer funds between Vivo Zuum accounts, top up prepaid airtime and withdraw cash from MasterCard ATMs. Vivo Zuum is also available in Salvador, Belo Horizonte, Porto Alegre and Aracaju.
March 5th, 2015
Australian mobile network Optus has shown off a prototype watch that can be used to make contactless payments as an extension of its Cash by Optus prepaid NFC payment app. “Payments can be made using only…
February 16th, 2015
BebaPay, a payment card launched by Google and Equity Bank in Kenya in 2013 that let users pay for their bus fare via NFC, is to be discontinued on March 15. “You can either replace your card with the new Equity prepaid MasterCard for free, finish your card balance by 15 March or get a refund after 28 March,” AllAfrica reports.
February 6th, 2015
PARTNER NEWS: DCR’s truTap Mobile Wallet, powered by Carta Worldwide’s host card emulation (HCE) technology, has been named the “Gotta-Have Mobile App” in Paybefore’s annual awards for excellence in the worldwide prepaid, mobile and emerging…
February 4th, 2015
The team working on PayPal’s move into in-store payments has been among the hardest hit by layoffs across parent Ebay Inc’s three divisions, Re/code reports, adding that “PayPal’s in-store initiatives, which includes mobile payments and a credit card reader called PayPal Here, have largely been viewed as big disappointments inside the company”. Don Kingsborough, PayPal’s head of retail and prepaid products, has also left the company, Re/Code adds.
January 28th, 2015
Prepaid card issuers using Cachet Financial Solutions’ Select Mobile Money white label platform can now offer their customers a way to charge Apple Pay transactions to their prepaid account balance, the company has announced. “iPhone…
January 27th, 2015
The HCE wristband unveiled by technology provider Wirecard earlier this month is to be offered on a white label basis, Joern Leogrande, the company’s EVP of mobile services, has told NFC World+. “Our payment wearable…
January 14th, 2015
In-store mobile payments will increase by more than 1,000% worldwide this year with 5% of the world’s smartphones being used to make a payment in a store at least once a month, up from under…
November 17th, 2014
Australian carrier Optus has teamed up with Visa and Heritage Bank to launch an NFC mobile payment service that lets customers load up to A$500 into a prepaid account and then make payments at any…