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    28 April 2017 • By Rian Boden • Last updated 28 April 2017, 12:35

    3.4bn phones will support Apple Pay, Android Pay and Samsung Pay by year end

    IHS Markit analyst Ruomeng Wang

    Some 3.4bn smartphones will be compatible with Apple Pay, Samsung Pay and Android Pay by the end of 2017 — with the number expected to increase to 5.3bn by 2021, research released by IHS Markit reveals.

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    27 April 2017 • By Rian Boden • Last updated 27 April 2017, 13:00

    Samsung Pay launches in Sweden and the UAE, enters early access in Hong Kong and Switzerland

    Samsung Pay has expanded to four additional markets with official launches in Sweden and the United Arab Emirates (UAE) and early access launches in Hong Kong and Switzerland. The service has also been made available on Samsung’s Gear S3 smartwatch in Russia, Sweden and the UAE in addition to its availability on the Gear S3 in the US, Singapore and Australia.

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    NFC

    27 April 2017 • By Rian Boden • Last updated 27 April 2017, 11:53

    bPay contactless wearables enable automatic donations to UK charities

    A new range of wearable devices equipped with Barclaycard’s bPay contactless technology will enable UK consumers to automatically donate the small change from any contactless payment they make using the device to charities of their choice.

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    27 April 2017 • By Rian Boden • Last updated 27 April 2017, 10:46

    UK restaurant chains test digital mobile banking receipts tied to customer purchases

    Restaurant chains Eat and Bel-Air are piloting a service in their London locations that delivers real-time receipts to a customer’s mobile banking app by linking to the purchases they make using their bank cards at the retailer’s point-of-sale terminal. The service is also being trialled by UK challenger bank Monzo.

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    26 April 2017 • By Rian Boden • Last updated 26 April 2017, 11:06

    WeChat Pay and offline mobile payments see “incredibly high” uptake in China

    Nine in ten Chinese mobile internet users (92%) choose mobile payment apps such as WeChat Pay as their primary offline payment method today, research released by Tencent Online Media Group’s newly launched research project China Tech Insights reveals, while “smartphone built-in payment tools” such as Apple Pay are currently used by approximately 12%.

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    QR

    25 April 2017 • By Rian Boden • Last updated 25 April 2017, 12:00

    Singapore banks add in-store QR code payments to mobile apps

    Customers of Singapore’s DBS Bank and OCBC Bank will soon be able to make in-store mobile payments by scanning a QR code at any point-of-sale terminal belonging to the country’s electronic payments network Nets.

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    25 April 2017 • By Rian Boden • Last updated 25 April 2017, 09:16

    Mahindra Comviva explores the evolution of digital payments in India

    The most obvious recent change in the payments landscape across India is the significant increase in the number of digital payments taking place in both urban and rural areas as a result of the measures taken by the Indian government to push the cashless initiative to the top of the nation’s agenda, says Mahindra Comviva’s senior vice president and head of mobile financial solutions.

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    NFC

    21 April 2017 • By Rian Boden • Last updated 21 April 2017, 12:00

    Orange to launch mobile-only bank with NFC payments and AI

    Mobile network operator Orange is to launch a mobile-only bank in France in July this year that will offer customers NFC mobile payments, P2P mobile transfers using SMS and an artificial intelligence-based virtual assistant that will eventually be able to complete tasks including making transfers and putting funds in savings.

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    QR

    20 April 2017 • By Rian Boden • Last updated 20 April 2017, 11:53

    Six Dutch banks to take Belgium’s Payconiq to the Netherlands

    Six Dutch banks including ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS have announced their intention to launch Payconiq in the Netherlands this summer. Payconiq is a common mobile payment platform that lets customers make P2P payments as well as pay in-store and online and has been successfully piloted and launched in Belgium with support from ING, KBC and Belfius banks.

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    Partner news NFC

    20 April 2017 • By Rian Boden • Last updated 20 April 2017, 11:19

    NXP and GCL Technologies offer NFC tamper evident closure solution for wine and spirits brands

    PARTNER NEWS: Guala Closures Group, a world leader in security closures, has teamed up with NXP to introduce an NFC-based tamper evident closure solution for the wine and spirits industry that is designed to protect brands, enable advanced anti-counterfeiting and tamper-proofing and enable brand owners to make VIP offers, loyalty rewards and more available to customers through a tap of their NFC mobile device.

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    News in brief

    Meet NFC World partners at Seamless Middle East

    By Rian Boden • 28 April 2017, 14:38 • Last updated 28 April 2017, 14:39

    PARTNER NEWS: NFC World partners Antelop Solutions, Gemalto, Mahindra Comviva and Rambus will be attending the Seamless Middle East 2017 expo in Dubai from 1 to 2 May. Antelop can be found at booth D60 where the company will be showcasing its Mastercard- and Visa-certified host card emulation (HCE) solution, while Mahindra Comviva will show its Mobiquity Wallet platform at booth S40. Gemalto and Rambus will also be present and are sponsoring the event.

    Goode reports on growth of biometric authentication

    By Rian Boden • 28 April 2017, 13:07 • Last updated 28 April 2017, 13:07

    Revenues for mobile and wearable biometric authentication will exceed US$6.2bn by 2022, Goode Intelligence predicts. “By 2022, over 3.3bn users will be benefiting from secure convenient biometric authentication,” the research firm says. Biometric authentication technology on wearables is some “years behind the smart mobile device market” but analyst Alan Goode believes it will “eventually appear on commercially available consumer wearable devices potentially as early as late 2017 or during 2018.”

    Apple to launch P2P payments and debit card this year?

    By Rian Boden • 28 April 2017, 09:15 • Last updated 28 April 2017, 09:15

    Apple is working to launch a peer-to-peer (P2P) payment service later this year, according to Recode. “The company has recently held discussions with payments industry partners about introducing its own Venmo competitor,” the publication reports. Apple is also in talks with Visa about creating its own prepaid cards that would tie to the P2P service, Recode says. “Users could then add the debit card, which may only come in a digital form, to their Apple Pay digital wallet to use for tap-and-pay purchases at brick-and-mortar stores.”

    Guide introduces how Android Pay works

    By Rian Boden • 27 April 2017, 15:22 • Last updated 27 April 2017, 15:22

    PARTNER NEWS: A seven-page guide that explores how Google’s Android Pay mobile payments platform works and why the service is beneficial to both consumers and banks is now available to download from the NFC World Knowledge Centre. ‘What is Android Pay & how does it work?’ has been produced and sponsored by Rambus and looks at where Android Pay is available today and how it’s positioned for wider deployment and integration throughout 2017.

    Apple marks Earth Day with Apple Pay donations

    By Rian Boden • 26 April 2017, 11:21 • Last updated 26 April 2017, 11:21

    Apple is celebrating Earth Day by donating US$1 to the World Wildlife Fund (WWF) whenever a customer makes a purchase in an Apple store using Apple Pay. The promotion will run until April 28. “Note that the donation amount is based on the purchase alone, not how much the purchase is worth,” 9to5mac reports.

    Visa EMV transactions pass 1bn in the US

    By Rian Boden • 25 April 2017, 12:20 • Last updated 25 April 2017, 12:20

    US consumers made more than one billion Visa chip transactions for the first time in March 2017, an increase of 330% compared to a year previous. “The number of chip-enabled merchant locations in the country reached two million, representing 44% of stores that accept Visa,” Visa says. There are now more than 421m Visa chip cards across the US, representing 58% of all Visa cards.

    US Bank ties credit card points to mobile payments

    By Rian Boden • 25 April 2017, 09:49 • Last updated 25 April 2017, 09:50

    Customers of US Bank will be offered a high-end credit card from 1 May 2017 that will award them triple points per dollar spent through a mobile payment made using Apple Pay, Android Pay, Samsung Pay or Microsoft Wallet. The US Bank Altitude Reserve Visa Infinite Card has been designed to “put the decision-making in the hands of the consumer,” American Banker reports the bank’s John Steward as saying. Rather than earning points at restaurants, “a customer might choose to earn them at a bike shop they often visit”.

    Amazon gets approval for digital wallet in India

    By Rian Boden • 24 April 2017, 11:30 • Last updated 24 April 2017, 11:30

    Amazon India has been granted a payment license by the Reserve Bank of India (RBI) to operate its own prepaid wallet in the country. “This will allow us to help customers adopt digital payments at scale and thereby contribute towards making India a less cash economy,” the company’s Sriram Jagannathan told The Indian Express. The move follows the launch of Amazon Pay Balance in India in December 2016.

    Bank of Korea signs up retailers for coinless society trial

    By Rian Boden • 20 April 2017, 12:08 • Last updated 20 April 2017, 12:08

    The Bank of Korea (BOK) has signed up retailers including CU, 7-Eleven, E-Mart, Lotte Mart and Lotte Department Store to begin trialling a service that will give customers change in the form of a top-up to a prepaid card. “Cha Hyeon-jin, an official handling the issue at the BOK, said no decision has been made yet on whether the pilot project could eventually lead to a cashless society, but he predicted that there is a good chance that such a development may be possible down the road,” Korea Times reports.

    Kiwi millennials want biometrics for payments

    By Rian Boden • 19 April 2017, 10:39 • Last updated 19 April 2017, 10:39

    Some 62% of New Zealand’s millennials would like to use a fingerprint or retina scan to make payments, viewing biometrics as “secure and convenient and having the cool factor”, research released by Visa reveals. “61% say they already use their smartphone to pay for everyday items,” the payment network adds.

    More news in brief...


    April 30th, 2017

    This week's news

    1. Meet NFC World partners at Seamless Middle East
    2. Goode reports on growth of biometric authentication
    3. 3.4bn phones will support Apple Pay, Android Pay and Samsung Pay by year end
    4. Apple to launch P2P payments and debit card this year?
    5. Guide introduces how Android Pay works
    6. Samsung Pay launches in Sweden and the UAE, enters early access in Hong Kong and Switzerland
    7. bPay contactless wearables enable automatic donations to UK charities
    8. UK restaurant chains test digital mobile banking receipts tied to customer purchases
    9. Apple marks Earth Day with Apple Pay donations
    10. WeChat Pay and offline mobile payments see “incredibly high” uptake in China
    11. Visa EMV transactions pass 1bn in the US
    12. Singapore banks add in-store QR code payments to mobile apps
    13. US Bank ties credit card points to mobile payments
    14. Mahindra Comviva explores the evolution of digital payments in India
    15. Amazon gets approval for digital wallet in India
     
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