A text string in the beta release of iOS 8.1 spotted by a MacRumours reader appears to confirm reports that Apple will add a Touch ID fingerprint sensor to its next iPad, which may ship as soon as next month, and make it possible for owners to use Apple Pay to make online purchases... More
- Apple Pay users in the US to get buy now pay later option with iOS 16
- BIS reports on CBDCs in emerging markets
- Moroccan bank launches biometric payment card
- US digital bank introduces contactless payments rings
- Riksbank completes digital currency payments pilot
eBay to spin off PayPal as a separate company in 2015
eBay Inc is to be split into two separate publicly traded companies in 2015, the company has announced — and Dan Schulman, president of American Express’ enterprise growth group, has been hired as the new president of PayPal as well as CEO-designee post-spin off. More
Facebook picks Stripe for buy button
Stripe “is the sole Facebook payments partner” for its ‘buy’ button trial, Re/code reports... More
WeChat offers payments in stores
Tencent’s instant messaging app WeChat can now be used to make payments in the retail stores of nine Chinese merchants including DQ Ice Queen, NUS Pharmacy, Rainbow, One Plus One, Lotus, Good Neighbours, Baby Room, Minsheng Department Store and NUS 365, according to Iamwire... More
US bank tests NFC Wave add-on
“One of the largest financial institutions in North America” is conducting an NFC mobile payments pilot that uses the Wave NFC device developed by On Track Innovations (OTI) in combination with provisioning and mobile wallet technology provided by ABnote... More
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Federal Reserve gives cautious backing to tokenization
The US Federal Reserve’s Mobile Payments Industry Workgroup (MPIW) has given cautious backing to the potential of tokenization in mobile payments and formed a subgroup dedicated to exploring the impact of the technology in more depth. More
Apple hires Visa Europe NFC lead
Mary Carol Harris, Visa Europe’s high profile director of mobile, has joined Apple Europe to work on Apple Pay... More
Barclaycard to add wearable ticketing to bPay contactless wristband
Barclaycard is to extend the functionality of its bPay contactless wristband to include access control as well as payments, the card issuer has revealed, beginning with the introduction of branded bPay bands for fans of Southampton Football Club that deliver a range of added value benefits to wearers. More
Alipay adds fingerprint security
Chinese online payments giant Alipay has adopted Nok Nok Labs’ S3 Authentication Suite, enabling customers with a Samsung Galaxy S5 to use the fingerprint sensor (FPS) on their device to authenticate payments... More
Samsung and PayPal to offer smartwatch payments
Samsung is working on a smartwatch that will include biometric verification and support for PayPal payments and location-based offers, reports Business Korea... More
SimplyTapp releases new HCE SDK
PARTNER NEWS: Host card emulation (HCE) specialist SimplyTapp has released a new version of its Mobile SDK... More
UL white paper explains Apple Pay
A new white paper that describes what is known about Apple Pay in both technical and organizational terms — as well as what questions still remain to be answered — is now available to download free of charge from the NFC World+ Knowledge Centre... More
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Tesco pilots QR payments
UK-based supermarket giant Tesco is trialling a mobile payments service based on QR codes, Marketing Week reports... More
SimplyTapp compares Apple Pay and Android HCE
PARTNER NEWS: A new blog post from HCE specialist SimplyTapp explains how Apple is using tokens in its new Apple Pay NFC mobile payments service — and how that compares with the way tokens are used to enable Android phones to make NFC mobile payments using host card emulation (HCE)... More
Macy’s unveils mobile payments and customer marketing plans
Macy’s Inc, owner of the Macy’s and Bloomingdale’s department store chains, has unveiled plans to implement a range of new technologies designed to provide an omnichannel shopping service to its customers. The plans include Bluetooth beacons in all stores, new mPOS terminals, support for Apple Pay and a mobile wallet app. More
Subway to accept mobile payments in 26,000 US locations
Subway restaurants across the US are to begin accepting NFC mobile payments on 1 October, using new POS terminals that carry branding from mobile network operator-owned commerce venture Softcard. The terminals will enable the 26,000 Subway outlets in the US to accept a full range of NFC payments services, including Apple Pay, Softcard has told NFC World+. More
Apple Pay to get 0.15% transaction fee
The kickback from card issuers negotiated by Apple for purchases made via its new Apple Pay mobile payments service amounts to 0.15% of the value of each transaction, the Financial Times reports... More
No Apple Pay for Walmart, Best Buy
Owners of Apple’s new NFC-enabled smartwatch and iPhones will not be able to make Apple Pay mobile payments in either Walmart or Best Buy, the Wall Street Journal reports... More
Video demos show how Apple Pay users will make a payment with the iPhone 6
Videos of Apple staff demonstrating how Apple Pay will be used to make payments in stores and for in-app purchases have now been made available, providing further details of how the new mobile payments service will work. More
How Apple will generate revenues from mobile payments begins to become clear
An innovative biosensor security function built into the Apple Watch and the Touch ID fingerprint sensor in the iPhone 6 and iPhone 6 Plus will work in combination with NFC and tokenization to provide additional security to Apple Pay transactions, it is now becoming clear — giving Apple the ability to negotiate special deals with card issuers that will generate new revenues for the Cupertino company. More