News about Prepaid.
July 7th, 2016
US supermarket giant Walmart has completed its nationwide rollout of Walmart Pay, making the service available in more than 4,600 stores across the country. The retailer has also recorded a 45% increase in Walmart Pay transactions in the last week.
June 6th, 2016
India’s HDFC Bank is to launch a mobile payment service that will support NFC, host card emulation (HCE) and QR code based payments in order to compete with other mobile payment services that are expected to roll out in the country, including Apple Pay, Samsung Pay and Android Pay. “PayZapp contains a prepaid wallet and a virtual prepaid card,” Times of India reports. “Bank customers can also store their credit or debit cards in a dematerialized form in the app and use them for electronic payments.”
May 17th, 2016
US supermarket chain Walmart has begun rolling out its QR code-based mobile payment service in Arkansas and Texas. Walmart Pay is now available in all 480 Walmart stores across Texas and at more than 110 locations in Arkansas.
May 11th, 2016
Cornèr Bank has signed an agreement with Swiss luxury watchmaker Swatch to make its Cornèrcard available for payments on the Swatch Bellamy NFC watch from mid-June. “Clients can sign up with the bank, pre-load the watch with funds and start shopping in Switzerland and around the world wherever Visa contactless is accepted,” Swatch says. Swatch confirmed its agreement with Visa and Visa Europe to roll out the NFC payments watch in the US, Switzerland and Brazil in November 2015.
May 10th, 2016
PARTNER NEWS: Visitors to the 2016 Eurovision Song Contest (ESC) in Stockholm, Sweden, this month will be able to purchase contactless payment wristbands that will enable payments at any Visa contactless terminal in the world. The wristbands, which will be active until the end of October, will be rolled out by Visa and digital security giant Gemalto.
May 6th, 2016
Bitcoin payment gateway BitPay has launched the BitPay Visa Card, a debit card that will let US consumers make payments with the virtual currency wherever Visa is accepted and make ATM withdrawals. “The BitPay Card can be loaded in seconds from any Bitcoin wallet,” the company says. “There are zero fees on Bitcoin top-ups and you can load up to $10,000 per day in spendable funds.” BitPay announced plans to launch an NFC mobile payment app in November 2014.
April 26th, 2016
PARTNER NEWS: Prepaid card processor Tutuka has begun the implementation of digital payment solutions provider Proxama’s Digital Enablement Platform (DEP) for a fully independent cloud-based payment (CBP) solution in the Middle East, Asia and Africa. “Proxama will…
March 14th, 2016
Shoppers can now complete online purchases through Visa Checkout by sliding a virtual image of their credit, debit or prepaid card across the screen of their smartphone. “Now, instead of a lightbox, a consumer sees a picture of her card on the Visa Checkout button, swipes it to the right and simply enters her password inside the button itself to authenticate,” Visa says. “The interactive button is now available globally to merchants selling digital goods and services, or items that customers purchase online and pick up in a physical store.”
March 10th, 2016
Consumers across Ukraine can now make host card emulation (HCE) based mobile payments using The Pay, a new service launched by Fido Bank in partnership with mobile wallet platform provider PriNum. The service is the…
February 24th, 2016
Users of Chase Pay will soon be able to buy food and drinks at more than 7,500 Starbucks cafés in the US through the coffee chain’s own mobile app or with the Chase Pay app. “[The] Chase Pay mobile app will be accepted at 7,500 Starbucks locations by the end of this year,” JPMorgan Chase’s Gordon Smith revealed at the bank’s 2016 Investor Day. The solution will also be “embedded in the Starbucks mobile app”. Chase Pay, unveiled in October 2015, is a closed-loop barcode based mobile payment system available to holders of 94m credit, debit and prepaid card accounts.
February 24th, 2016
PARTNER NEWS: Digital security giant Gemalto and payment processor Prosa have partnered to bring host card emulation (HCE) based mobile payments to Mexico. Prosa operates in eight Latin American countries and will be offering the…
February 12th, 2016
One fifth of iPhone 6 owners in the US (20%) have used Apple Pay at least once, research from First Annapolis Consulting reveals, down from 22% in spring last year. 15% say they use it regularly — more than once per month — down from 19% in the 2015 survey.
February 12th, 2016
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. The agreement between the online payments provider and Vodafone marks the…
February 8th, 2016
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.
December 10th, 2015
Customers at US supermarket chain Walmart will soon be able to pay for purchases by scanning a QR code at the point of sale using Walmart Pay, the retailer’s own mobile payment service. Walmart Pay will be integrated into the Walmart app and introduced in select stores this month, with a nationwide launch expected in the first half of next year.
December 1st, 2015
German payments technology provider Wirecard has launched a host card emulation (HCE) based mobile payments service in Germany, the Netherlands, Austria and Belgium that will allow customers of any mobile network operator to make payments using their Android device at contactless terminals.
November 30th, 2015
Swiss luxury watchmaker Swatch has confirmed that it has signed an agreement with Visa and Visa Europe to enable eligible cardholders in the US, Switzerland and Brazil to tap and pay with the Swatch Bellamy watch.
November 18th, 2015
Indian mobile wallet provider Oxigen Wallet is in talks with Visa, MasterCard and RuPay over launching virtual prepaid cards in the country, Economic Times reports. “Today, a wallet is accepted at a merchant’s platform only if the merchant has agreed to accept it,” chief executive Ankur Saxena said. “This (virtual prepaid card) allows us the freedom to have the wallet accepted anywhere a Visa, MasterCard and RuPay gets accepted. We don’t want our wallet to be limited to X number of merchants; we want it to be used everywhere.”
October 27th, 2015
Wearable payments startup PureWrist has begun taking pre-orders for a bracelet that comes equipped with a prepaid MasterCard account and lets its wearer make NFC payments at any contactless terminal with a tap of the wrist. The company showcased the product during its StartupPitch180 presentation at Money20/20.
October 27th, 2015
JP Morgan Chase has unveiled Chase Pay, a “closed loop network with access to credit and debit customers” that leverages the bank’s 94m debit, credit and prepaid card accounts, uses QR codes for mobile payments and will be accepted by all members of the MCX retailer-led mobile payments consortium.