Itaú Unibanco unveils low cost instant QR payments service in Brazil

Brazil’s Itau Unibanco to launch new payments app using QR code — Reuters — “Merchants using Iti will pay a fee of 1% per transaction and will receive payments instantly… The app also does not require merchants to buy or rent card reader machines… Itaú is also considering offering investments, loans and insurance products through the new app.” 


India to mandate QR mobile payments in stores?

QR code option may be must for shops — The Times of India — “The government is looking to mandate a QR code-based payment option using UPI at all shops. The measure is intended to promote digital payments as the preferred option.” 


Apple Pay to go live in Hungary and Luxembourg?

Apple Pay nearing launch in Hungary and Luxembourg — MacRumors — “MacRumors has spotted the usual server-side changes that Apple makes shortly before expanding Apple Pay to new regions — in this case, Hungary and Luxembourg. The service could launch in both countries within days.” 


Google adds support for in-store cash payments for apps

Google to allow users to pay for Android apps using cash — Techcrunch — “Instead of charging an attached credit card, for instance, the user can instead opt to receive a payment code which they can use to pay for their purchase using cash at a nearby store. Once at the store, the user shows the payment code to the cashier and pays. Within 10 minutes after completing the transaction, the user will receive their purchase and an email with their proof of payment.” 


Apple Pay goes live in Iceland

Apple Pay launches in Iceland with support from Arion Banki and Landsbankinn — AppleInsider — “The two banks announced support for Apple Pay on Wednesday via their official websites and Twitter. Available straight away, the added support now means customers that have accounts with either of the banks are able to add their card to the Wallet app, and use it to make contactless payments using Apple Pay for the iPhone and the Apple Watch.” 


Edenred pilots biometric cards for state benefit payments

Mastercard and Edenred Bank announce first biometric card trial in Mexico — Mastercard — “Mastercard and Edenred today announced the first regional test of biometric card technology in Mexico. The effort, focused on state benefits programmes, features an embedded fingerprint sensor that provides an additional layer of security to conveniently verify the cardholder’s identity for in-store purchases.” 


Rambus explains advantages of network tokenization

head shot of andré stoorvogel

PARTNER NEWS: “Network tokenization is one of many technologies that online merchants are turning to in a bid to strike the right balance between high security and a frictionless buying experience,” Rambus’ André Stoorvogel explains in an in-depth blog post on the company’s website. More


Google Pay goes live in Switzerland

Google Pay rolls out in Switzerland with support for Cornèrcard, Swiss Bankers, and more — Android Police — “Google Pay’s support documents speak of a rollout for customers of Cornèrcard, Bonuscard, Swiss Bankers, Revolut, and Boon… Today’s rollout makes Switzerland the 29th country [Google] Pay is available in.” 


Japanese banks to offer real-time mobile payments in stores

Banks to join in new payment service — The Japan News — “The new service will allow consumers to make payments by presenting QR codes displayed on their smartphones to code readers installed at shops and other places. Purchased amounts will be debited from their bank accounts in real time.” 


Hong Kong airport adds face recognition payments

Duty Zero by CDF introduces facial recognition payment at HKIA — DFNI Frontier — “The Duty Zero by CDF liquor and tobacco stores are the first in Hong Kong to feature the software, which is designed to enhance the consumer shopping experience for Chinese consumers. The Dragonfly POS devices are placed next to the checkout, customers input their phone number and face towards the camera; the software then completes the transaction in just a few seconds.”