Apple Pay offers free fries at McDonald’s

Latest Apple Pay promotion offers free fries at McDonald’s all month — 9to5Mac — “Apple today has kicked off its latest Apple Pay promotion. This time, users can secure a free order of french fries from McDonald’s when using Apple Pay all month long… Apple has been offering Apple Pay discounts through various retailers, services, and restaurants on a near-weekly basis recently. Recent offers have included US$1 tacos through Taco Bell, US$5 off select Fandango movie ticket purchases, and more.”


Merchant payments association calls for 18 month delay on strong customer authentication

EPSM recommends harmonised migration plans on PSD2-SCA — EPSM — “To avoid significant acceptance disruptions, EPSM recommends that all regions should agree an additional timeframe of 18 months for standard applications, as well as up to 36 months for challenging applications, such as those in the travel and hospitality sector. This will deliver an EU-wide harmonised migration approach by the EBA and the 28 national regulators for remote card payments.”


Qualcomm to include NFC in entry-level smartphone platform

New Qualcomm 215 Mobile Platform raises the bar for mass market devices — Qualcomm — “The Qualcomm 215 Mobile Platform debuts the following ‘firsts’ in the 2-series: 64-bit CPU, Dual-ISP, supports up to 13MP photo capture​, support for Full HD (1080p) video capture​, support for HD+ resolution display, hexagon DSP for audio and sensor processing​, support for Dual SIM with Dual VoLTE, EVS voice calls​, Wi-Fi 802.11ac, support for NFC payments on Android.”



Samsung Pay adds in-app loan and credit card applications in India

Samsung partners with Paisabazaar.com to offer financial products on Samsung Pay — Paisabazaar — “Paisabazaar.com, India’s largest online marketplace for financial products, today announced its partnership with Samsung… Samsung Pay users can apply for credit cards and personal loans from the platform. The move will enable millions of existing and potential Samsung Pay users to get the benefit of seamlessly opting for a host of financial services.”


LG to launch ThinQ mobile wallet in the US?

LG applies for ‘ThinQ Wallet’ crypto wallet trademark in the US — Coin Telegraph — “According to the filing documents, the trademark is for services concerning transaction and settlement services, mobile banking, ‘issuance of cyber money’, and ‘payment application software for mobile phones’ among others. ThinQ is a brand first used for a smart refrigerator introduced by the company in 2011 at a consumer electronics show. Since then, multiple smartphones have been launched under the ThinQ brand.”


Federal Reserve reports on synthetic identity payments fraud

Federal Reserve System white paper examines the effects of synthetic identity payments fraud — FedPayments Improvement — “A synthetic identity is created by using a combination of real information (such as a legitimate Social Security number) with fictional information (which can include a made-up name, address or date of birth)… Over time, fraudsters build up the creditworthiness of the synthetic identity, then ‘bust out’ by purchasing high-value goods and services on credit and disappearing.”



Survey: Security tops convenience for UK online payments

Brits care more about online payment security than convenience — Equifax — “Two thirds (66%) of people rate safe and secure payments as most important in the online checkout process, with only one in ten being most concerned about speed or simplicity. Security ranked highest across all age groups, and was a particular concern for over 55s (75%) compared to just over half of 18-24 and 25-34 year olds (52% and 53% respectively).”


Ghana to roll out national QR payments platform

Ghana to launch Universal QR Code for payments this year — Republic of Ghana — “This year, there’s going to be also a remarkable introduction into Ghana of a universal QR Code for payments. This will help us move further into the cashless direction because there will be no longer any need for merchants to have point of sales devices with the QR Code platform. All they need is a mobile phone and even a ‘yam phone’ [feature phone] will work.”


Domino’s pilots cashless stores in Australia

Domino’s Is starting to ditch cash payments — Gizmodo Australia — “The pizza maker is calling it ‘Tap & Take’ and is positioning it as a way to make the ordering process both quicker and more convenient… Domino’s has stated that the participating stores will accept ‘all forms of payment’, except for cash. This includes card payments, PayPal, Apple Pay, Android Pay, EFTPOS to door and Instagift.”


Juniper forecasts rapid growth in mobile-first digital government IDs

Digital ID platforms to be used by 5bn people in 2024, as emerging economies go mobile-first — Juniper Research — “The number of people using government-issued digital identity credentials will grow by over 150% from an expected 1.7bn in 2019 to over 5bn in 2024… Mobile ID schemes take the lead over digital identity cards, with a third more users relying on apps compared to cards in the next five years.”


China’s central bank to develop a digital currency

Central bank unveils plan on digital currency — China Daily — “The People’s Bank of China, the central bank, is organising market-oriented institutions to jointly research and develop a central bank digital currency and the programme has been approved by the State Council, the country’s Cabinet, Wang Xin, director of the PBOC Research Bureau, said at a seminar at Peking University.”



7-Eleven Japan halts QR payments rollout after hackers steal $500k in two days

Seven-Eleven mobile pay hack hits Japan’s drive to go cashless — Nikkei Asian Review — “Japan’s second-largest retail group by sales on Monday rolled out 7pay, which lets users make purchases with a smartphone app at Seven-Eleven Japan’s roughly 21,000 stores nationwide… By early Thursday, Seven & i had confirmed about 55 million yen ($510,000) stolen from 900 or so 7pay users. The company has in effect suspended the service by stopping users from adding money to their accounts.”


Telekom Slovenije launches mobile wallet that supports NFC, QR, P2P, bill splitting and transit ticketing payments

Telekom Slovenije launches the Valu smart wallet — Telekom Slovenije — “​Valu smart wallet is available in Slovenia as a mobile app from 13 June, and combines in one place mobile payment services, transfer of funds between users, splitting the bill, as well as identification and use of local infrastructure services, such as purchasing Slovenian Railways train tickets… Valu also supports payments with a QR code (on Android and iOS devices) or NFC technology (Android devices).”



Uber leverages open banking to provide in-app financial services to drivers in Mexico

BBVA, in alliance with Uber, launches first banking product in Mexico that operates in third party app — BBVA — “For the first time we are offering a BBVA product that will ‘live’ in a third party’s platform. In other words, we are bringing the bank to our partner, who in turn is bringing us to their drivers and delivery partners, so they can take advantage of all the benefits that the bank has to offer, all with a single click.”


Japanese government to reward shoppers for using mobile payments

Hoping to boost spending, Japan tries to sell shoppers on cashless purchases — Reuters — “A scheduled increase in the sales tax to 10% from 8% in October could hurt spending. Aware of that risk, the government is betting big on mobile payments, an industry only just taking root in Japan. As soon as the tax increase kicks in, the government will offer points redeemable for future discounts to shoppers who use QR codes and other cashless payments.”


Alipay to use ‘beauty filter’ to boost adoption of face payments terminals

Alipay adds a beauty filter to its facial scan payment system to encourage more female users — Radii China — “The move came after Sina Weibo’s tech channel pointed to data that showed male adoption rates of facial scan payments on Alipay were higher than those for females. ‘Be honest, when you’re using the facial payment option, do you think you’re ugly?’ asked the account via a poll. After more than 40,000 people voted, the poll showed that over 60% felt the payment method made them look ugly and ‘not as pretty as when taking a normal photo’.”