Rohm to use ST NFC chips for wireless charging in cars

NFC reader IC and 8-bit microcontroller from STMicroelectronics adopted by Rohm for Qi automotive wireless charging design — STMicroelectronics — PARTNER NEWS — “One benefit of ST’s technology contribution is to enable the sophisticated control that makes possible the detection of contactless smart cards in proximity to the charging system in order to halt the charging immediately. This important and appreciated function prevents the failure of those cards due to the strong magnetic field generated by the Qi transmitter.” 


Microsoft to shut down its Microsoft Wallet service

Microsoft Wallet for Windows Phone to be retired in February — Windows Central — “Support is set to end for all Windows 10 Mobile devices by the end of this year, and Microsoft is already beginning to retire apps in anticipation. In an update to the Microsoft Wallet website, Microsoft has noted that the app will be ‘officially retired’ on February 28, 2019.” 


MTS to roll out open loop ticketing on buses and trains in San Diego

MTS partners with Init for account-based fare system in San Diego — Init SE — “Init will deliver about 900 fare validators for use on MTS buses and at rail station platforms. The validators will accept closed-loop payments such as an MTS-branded smartcard and be capable of accepting open payments such as bank-issued debit/credit cards and mobile wallets using Google Pay, Apple Pay or Samsung Pay.” 


Conoco lets drivers pay at the pump with their mobile phone

Conoco launches Mobile Pay in Denver to bring easy pay-at-the-pump features to locals — Conoco — “With the My Conoco app, people can now pay at the pump and in-store on their mobile devices to get to their final destination as soon as possible… The My Conoco app launched this month in Denver and is rolling out regionally throughout the year.” 


Apple reports growth in US Apple Pay acceptance

Apple Pay coming to Target, Taco Bell and more top US retail locations — Apple — “Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores and Jack in the Box are the latest merchants to support Apple Pay… With the addition of these national retailers, 74 of the top 100 merchants in the US and 65% of all retail locations across the country will support Apple Pay.” 


US credit unions report increase in mobile payment transaction volumes

Debit card study offered by Co-Op Financial Services highlights debit trends to watch in 2019 — Co-Op Financial Services — “A total of 55% of survey respondents have experienced increases in the number of debit cards enrolled in a mobile wallet like Apple Pay, Google Pay or Samsung Pay. Also, 53% have experienced increases in the number of debit cards transactions coming from the mobile wallet channel.” 


Church of England doubles donations with contactless collection plates

Church of England: Contactless collection payments trialled — BBC News — “Churches have reported a 97% increase in donations made at services trialling a digital collection box… Churchgoers picked a sum from four options decided by the Church, before using a card or smartphone to pay… Developers state the technology can support 500 transactions without the need for recharging, though a fixed table-top version of the system is also available — allowing congregations to donate before, during or after the service.” 


Alipay gets second European e-money license

Alipay granted Luxembourg license to serve European market — Luxembourg for Finance — “Already present with a licensed entity in London, Alipay’s new PSD2 license in Luxembourg will allow the group to leverage the EU passport to serve its customers across Europe in the future and connect Chinese users with merchants in EU countries.” 


Swatch brings its contactless payments service to Europe

Fashion watch buyers in Switzerland can now choose from one of a range of four Swatch watches that come with support for SwatchPay! contactless payments — and enable customers to use a specially designed ‘SwatchPay! Box’ to instantly provision their bank card to their new watch in the store. More


Chinese shopping street adopts face recognition payments

China’s first facial recognition payment-based shopping street opens in Wenzhou — ECNS — “A historical shopping street in Wenzhou City, Zhejiang Province, has become the first in China to extensively apply facial recognition in making payments… Mao Xinqin, director of the street’s administration, said facial recognition payments can improve efficiency during the peak season for tourism and shopping. Yang Peng, vice president of Ant Financial, said Alipay has upgraded the payment system using a 3D structured light camera and can ensure accuracy of 99.99%.” 


TD Ameritrade leverages Apple Pay to let share buyers use debit cards to instantly fund their brokerage accounts

Industry first: TD Ameritrade enables investors to instantly fund brokerage accounts using Apple Pay — TD Ameritrade — “TD Ameritrade announced an industry first today: The ability for individual investors to instantly fund a brokerage account with Apple Pay through Apple Business Chat in the Messages app on iPhone and iPad. Historically, to fund brokerage accounts, investors have had to endure a multi-day waiting period while funds were verified or manage a complicated wire transfer… Using a debit card, customers can deposit up to US$10,000 per day through Apple Pay.” 


Russian supermarket chain rolls out open loop fingerprint payments service

Sberbank and Azbuka Vkusa perfect fingerprint payment service — Sberbank — “After the quick registration process, which takes place at a checkout, clients tie two fingerprints to a Visa or Mastercard bank card and confirm the registration by coming up with a password. Payments can then be made at all stores with biometric POS terminals by scanning a fingerprint and confirming the transaction with the password. It is not necessary to use a bank card or a smartphone… The service is already available at 20 Azbuka Vkusa supermarkets, and will be added to more locations soon.” 


Blockchain mobile payments pilot to go live in Mongolia

Blockchain firm Terra to launch instant remittance, lending services in Mongolia’s capital city — e27 — “The pilot programme in Nalaikh City will launch with two main features: peer-to-peer (P2P) payments to allow instant transfer among users of different banks, and mobile payments to build the infrastructure for secure, contactless payments… The programme is set to launch within the next six months.” 


US credit unions to offer blockchain digital ID service

Credit unions adopt blockchain as the first step for digital ID — PaymentsSource — “MyCUID uses distributed ledger technology that allows credit unions to detect fraud and support self-sovereign identity, or a decentralized user-controlled authentication that can enable access to apps, programs, buildings, triggers for financial transactions, and other uses… CULedger on Jan 18 is scheduled to demonstrate MyCUID with a more general public rollout scheduled for the second half of 2019.” 


PenFed joins US move to contactless payment cards

PenFed Credit Union to give members the ability to tap to pay with new contactless Visa credit and debit cards — PenFed Credit Union — “PenFed Credit Union, the nation’s second largest federal credit union, is among the first credit card issuers in the US to roll out new contactless Visa cards across its credit and debit portfolio, giving members the ability to tap to pay at checkout… Merchants across the US have already enabled contactless payments, with 70 of the top 100 merchants, by number of transactions, offering the ability to tap to pay at checkout.” 


Swift to let merchants offer instant bank loans to online shoppers

Swift publishes new ‘Pay Later’ API standard — Swift — “By selecting Pay Later at the point of purchase, customers are provided with available loans from their banks; they can then select and initiate a loan, knowing that the funds can immediately be credited to the merchants and items dispatched. By offering the Pay Later option, merchants are in turn able to offer a wider variety of purchase options and to reach a wider consumer audience, whilst still ensuring surety of payment.”