News about SMS.
May 10th, 2016
UK businesses using digital banking solutions provider Bottomline Technologies’ C-Series payments processing module will soon be able to send payments to recipients using only their mobile phone number through the Barclays’ Pingit mobile app or…
March 24th, 2016
A white paper that examines the advantages of using new, digital PIN delivery mechanisms to replace traditional PIN mailers is now available to download from the NFC World+ Knowledge Centre.
March 23rd, 2016
Customers of Sberbank Kazakhstan can now withdraw cash without a card at any of the 900 Sberbank ATMs across the country that have been integrated with OpenWay’s Way4 Cash technology. “Customers specify the withdrawal amount and a cell phone number via the Sberbank Online system,” OpenWay says. “A two-part code is generated. The customer receives the first part via Sberbank Online and the second part via an SMS message. To withdraw the funds, the customer enters both parts of the code.”
March 21st, 2016
A quarter of Norway’s population is now using Vipps, a P2P mobile payment solution launched by financial services group DNB and Tata Consultancy Services (TCS) in May 2015. “85% of Norwegians know about the P2P payments platform and it is the number one downloaded app in Norway,” TCS says. “Vipps makes mobile payments as simple as sending a text message and is available for use on all mobile devices. Another key feature is that it allows short chat messaging between the users.”
February 25th, 2016
Consumers in New York, Miami, Chicago and Los Angeles can now make P2P cash withdrawals using a PIN code sent to their mobile phone at ATMs equipped with technology from Pin4 and ATM network operator Payment Alliance International. “Pin4 sends a text to the money recipient’s phone revealing a secure PIN, which they enter along with a code the sender has provided,” Pin4 says. “Pin4 will continue expansion throughout the year and will have full nationwide access in the fourth quarter of 2016.”
February 15th, 2016
UK consumers can now make P2P transfers and pay online using a virtual MasterCard through Payfriendz. “Payfriendz is a social chat and mobile payments app which allows users to easily send, request and receive money from friends and contacts,” says Paysafe, the payments provider for the service. “Once funds have been collected, users can transfer the money to their UK bank account. They can also shop online using a virtual MasterCard card linked to their Payfriendz account.”
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.
February 1st, 2016
Canadian open NFC mobile wallet provider Ugo has launched a beta version of Ugo Pay, a P2P money transfer feature that has been added to its Ugo Wallet. “Transfers are free and made securely and easily via text message using either a sender’s existing address book or by inputting any Canadian mobile phone number,” Ugo says. The company is also in the process of incorporating host card emulation (HCE) into its service.
January 20th, 2016
McDonald’s customers across West & South India can now pay for their orders in-store using their mobile device. The fast food chain has implemented support for mobile wallet provider FreeCharge in 216 restaurants across 26…
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,…
December 17th, 2015
A white paper aimed at giving transport operators, transport authorities and ticket distributors greater insight into deploying mobile ticketing technologies and services while both containing costs and improving the passenger experience is now available to download from the NFC World Knowledge Centre.
December 15th, 2015
Customers of more than 20 commercial banks in Beijing can now make host card emulation (HCE) based mobile payments using a new service launched by bankcard association UnionPay. “QuickPass offers a new mobile phone service…
December 11th, 2015
Google Wallet users will soon be able to send money to anyone in their contact list using just a phone number. “When you send money to a phone number, the recipient will get a text message with a secure link,” Google writes in a blogpost. “They can simply enter their debit card to claim the money and it will be available in their bank account within minutes.” Google relaunched and repositioned Google Wallet as a P2P payment solution in September 2015.
November 18th, 2015
The Valyou NFC mobile wallet developed by Norwegian mobile network operator Telenor and banking group DNB is to shut down due to a “much lower than expected end user uptake”. A lack of contactless terminals…
November 12th, 2015
A 24-page white paper designed to give banks, processors, OEMs, retailers and other issuers a clear overview of the evolving world of mobile payments is now available to download from the NFC World Knowledge Centre.
October 6th, 2015
MasterCard has unveiled MasterCard Identity Check, a suite of solutions that make use of biometrics and one-time passwords delivered via SMS to secure online mobile transactions. The service will be available to US financial institutions…
October 5th, 2015
A team of NFC payments veterans has launched a campaign on Kickstarter to raise funds for an NFC ring that can be used to make payments at contactless POS terminals and across the Transport for London network.
August 11th, 2015
Customers of Moldova’s Moldindconbank can now transfer funds from their accounts to individuals using ATMs equipped with OpenWay’s Way4 Cash by Code technology. Recipients receive a code via SMS and another code from the sender that they use to withdraw the predetermined cash amount. “If the amount is not withdrawn within 24 hours, the money is automatically returned to the sender’s card account,” the bank says.
August 6th, 2015
India’s Axis Bank, HDFC Bank, ICICI Bank and State Bank of India (SBI) are to pilot a mobile payment service developed by Visa this summer that will let select customers make in-store, online and bill payments as well as send and receive money using their mobile devices.
July 22nd, 2015
Mumbai-based LivQuik, the company behind mobile payment service QuikWallet, has raised US$1.6m from existing investor Snow Leopard Ventures to scale its team, technology and merchant base. “Payment options include SMS, NFC, QR codes, mobile applications and POS software,” IndianWeb2 reports. “Currently, it caters to 1,000 merchants. It has around 100,000 users.”