The total volume of mobile payment transactions in the US will reach US$282.9bn by 2021, Forrester estimates... More
Archive: News in brief
Singapore’s Nets network moves to mobile payments
Singapore electronic payments network Nets is to go “digital and contactless” within the coming weeks... More
PayPal launches Slack payments bot
PayPal customers in the US, UK, Australia and Canada can now send money to each other using a PayPal bot on team messaging service Slack... More
Chinese mobile payments rise for Lunar New Year
The volume of payments made by Chinese consumers during the 2017 Lunar New Year holiday using their smartphones and China UnionPay’s contactless payment service “increased nearly 21-fold, year on year,” news agency Xinhua reports... More
Rakuten Pay to support 14 e-money services
Japanese ecommerce and internet giant Rakuten is to add support for 14 electronic money services to its in-store payment system from summer 2017... More
Three in 10 use mobile for Pay with Amazon purchases
Nearly a third (32%) of all transactions made through Pay with Amazon — the service that lets customers make online payments on third-party merchant websites using the information already stored in their Amazon account — were done on a mobile device in 2016... More
Samsung Pay goes live in Thailand
Samsung Pay has begun rolling out across Thailand following its launch through an early access programme in October 2016... More
GoCardless warns customers after burglary
Fintech startup GoCardless has contacted customers to warn of possible data loss after a break-in at its London offices in January... More
Bluetooth rail ticketing service to include biometrics?
Fingerprint and iris scanning technology “could eventually” be incorporated into a Bluetooth and geolocation-based ticketing service to be piloted by UK rail firm Chiltern Railways in July 2017... More
Proxama signs South African EMV deal
PARTNER NEWS: Proxama has signed a five-year contract with a “leading South African insurance and financial services provider” for the supply of in-house EMV card issuing, PIN management and card life cycle management... More
Chrome 56 adds BLE connectivity to web apps
Consumers can now communicate with nearby Bluetooth Low Energy (BLE) devices through web apps using Google’s Chrome 56 update for Android... More
Cities will launch own digital currencies ‘within 10 years’
Cities will begin separating from their country’s national currency to launch their own digital money within 10 years, according to the CEO of blockchain-based financial network Bluzelle... More
Music fans pay for drinks with finger veins
Customers at London music venue Proud Camden can now pay for orders using Fingopay finger vein technology and get £10 cashback to spend on their next visit... More
Samsung Pay to get Amex support for India launch?
Samsung is partnering with American Express for the launch of Samsung Pay in India, expected in the first half of 2017, according to a source quoted by Mashable... More
Apple Pay to add loyalty?
“Close financial partners and job postings on Apple’s career page hint that the company is interested in more closely integrating Apple Pay into loyalty programs that reward customers for using the mobile wallet,” Quartz reports... More
Liverpool gets own currency built with blockchain
The UK city of Liverpool has launched its own digital currency using blockchain technology supplied by Tel-Aviv-based digital wallet provider Colu... More
France to increase contactless limit to €30
The contactless spending limit in France will increase from €20 (US$21) to €30 (US$32) at the end of this year... More
Young Brits adopting mobile wallets
Two thirds of 18- to 25-year-olds in the UK (64%) are using a mobile wallet, while only 14% have “no interest” in doing so, research released by social money transfer app Moneymailme reveals... More
Turkish bank offers ATM cash withdrawals with eye scans
Customers of Turkish bank Yapı Kredi can now log in to their mobile banking app and withdraw cash from ATMs with a scan of their eyes through an integration with EyeVerify’s Eyeprint ID platform... More
Tim Hortons and Burger King to get mobile order and pay?
Customers at Tim Hortons and Burger King restaurants in Canada will soon be able to order and pay in advance using a mobile phone app... More