G&D gets Amex accreditation for HCE payments solution

Giesecke Devrient logo

PARTNER NEWS: Giesecke & Devrient (G&D) has received Amex Enabled accreditation for Convego CloudPay, a host card emulation (HCE) based solution that lets a bank’s customers use their mobile banking app to load payment card credentials onto their smartphone and make contactless payments... More












MoboMoney takes sound-based mobile payments to India

ToneTag

Indian consumers can now make payments at participating retail locations using their mobile device and sound based technology developed by startup ToneTag. The feature has been integrated into MoboMoney, an NFC payments platform launched by information technology provider Tech Mahindra in December 2015, to extend the service to a greater number of mobile devices and merchants across the country. More




Global mobile payment market to hit $620bn in 2016

Trendforce

Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019. More







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