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    News in brief

    HDFC Bank to launch mobile payments in India

    News in brief

    India’s HDFC Bank is to launch a mobile payment service that will support NFC, host card emulation (HCE) and QR code based payments in order to compete with other mobile payment services that are expected to roll out in the country, including Apple Pay, Samsung Pay and Android Pay. “PayZapp contains a prepaid wallet and a virtual prepaid card,” Times of India reports. “Bank customers can also store their credit or debit cards in a dematerialized form in the app and use them for electronic payments.”

    Filed by Email Rian Boden nfcworld.com Published • Last updated 6 June 2016, 13:46

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