What's New in Payments

MCX merchants to accept Chase Pay mobile payments

Chase Pay

JP Morgan Chase has unveiled Chase Pay, a “closed loop network with access to credit and debit customers” that leverages the bank’s 94m debit, credit and prepaid card accounts, uses QR codes for mobile payments and will be accepted by all members of the MCX retailer-led mobile payments consortium. More




What's New in Payments

MasterCard extends tokenization platform to clothing, accessories and wearable devices

Adam Shelman

MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More