US retail giant Target is to introduce its own mobile payment service to “one or more of its own apps” later this year, the company’s Michael McNamara has told Recode. “It’s not clear if Target will add the payment feature to its main Target app, its popular Cartwheel coupon app or both,” the publication reports. The service will initially be available to customers with Target REDcards, “debit or credit cards that come with perks like 5% off Target purchases and free shipping on online orders”. Reports that Target was planning to launch a mobile payment service emerged in December 2015.
- Google includes support for FeliCa NFC payments in Pixel 3 smartphones
- Standard Chartered unveils IoT payments platform that automatically triggers a payment when a connected product arrives at a destination
- Commonwealth Bank to test ‘smart money’ that knows what it can be spent on
- Alipay: Hackers have used stolen Apple IDs to lift funds from mobile wallets
- Amazon moves into in-store payments in India