OTI has received Visa certification for its Wave NFC add-on, a device that plugs into the audio jack of a smartphone, tablet or PC to enable NFC payments. Wave is already certified by MasterCard and is to be used for cross-border mobile payments by a group of banks in Hong Kong, Macau and Taiwan.
- Apple Pay goes live in Taiwan with support from seven banks
- NXP adds new NFC chips and sensors to secure the Internet of Things
- Square arrives in the UK
- Nordic banks roll out first mobile payment services with support for Dankort
- Boston Fed calls for clearer value proposition to encourage mobile payments