Nineteen US banks have launched Zelle, the mobile P2P money transfer service unveiled last October to compete with the likes of Venmo, allowing users to send money directly to each other’s bank accounts within minutes. Bank of America says it is the first to incorporate Zelle into its own app, with a standalone Zelle app available later this year for anyone with a debit card.
- UnionPay promotes mobile payments adoption with discounts at merchants around the world
- UK government to use NFC to verify residency status of EU citizens after Brexit
- Antelop adds Visa Token Service certification to its white label mobile wallet platform for banks and card issuers
- Dubai’s Atlantis resort installs blockchain-based payments system for guests
- Car manufacturers back NFC for digital keys