More than one million Brits have now registered for Paym, the mobile payments service operated by the UK’s Payments Council, with just over £6.5m being sent on the platform since its launch in April this year. “It’s hugely encouraging that one million people have chosen to register for Paym already, but this milestone only marks the start of growth in the service,” says the company’s Jemma Smith.
- 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