Samsung Pay has expanded to four additional markets with official launches in Sweden and the United Arab Emirates (UAE) and early access launches in Hong Kong and Switzerland. The service has also been made available on Samsung’s Gear S3 smartwatch in Russia, Sweden and the UAE in addition to its availability on the Gear S3 in the US, Singapore and Australia. More
The most obvious recent change in the payments landscape across India is the significant increase in the number of digital payments taking place in both urban and rural areas as a result of the measures taken by the Indian government to push the cashless initiative to the top of the nation’s agenda, says Mahindra Comviva’s senior vice president and head of mobile financial solutions. More
Amazon India has been granted a payment license by the Reserve Bank of India (RBI) to operate its own prepaid wallet in the country... More
Messaging app WhatsApp is exploring India’s Unified Payments Interface (UPI) platform “among other payment modes” for launching a P2P mobile payment service in the country... More
Samsung Pay has launched an early access program in the UAE with support from Mastercard and Visa and a number of banks including Mashreq Bank, ADCB, Rakbank, Emirates NBD, Standard Chartered and NBAD... More
Samsung Pay will be available for online payments at “hundreds of thousands of merchants around the world” where Visa Checkout is accepted later this year. The news follows an announcement by the company’s Justin Denison at Samsung Unpacked 2017 last week that the service was heading online through “strategic partnerships”. More
Samsung Pay has launched in India with support from Visa, Mastercard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Cards and Standard Chartered Bank, with Citibank India support expected “shortly”. The service has also integrated India’s leading mobile wallet Paytm and comes with support for peer-to-peer money transfers through the Indian government’s Unified Payments Interface platform. More
Indian mobile wallet provider Paytm has added an insurance feature to its service that covers users for fraudulent transactions of up to Rs 20,000 (US$306) due to loss of device or unauthorised access to the service... More
Samsung Pay will officially launch in India on 22 March, according to Gadgets 360... More
Indian mobile wallet provider Paytm has launched in Canada, marking the service’s first expansion outside India... More
Starbucks customers in India can now use their phones to pay for orders and earn loyalty program ‘Stars’ following the launch of the Starbucks India app... More
Indian mobile wallet users could soon be able to transfer money directly to each other, regardless of the service they use, if the Reserve Bank of India (RBI) goes ahead with plans to open up the Unified Payment Interface (UPI) platform to mobile wallet providers... More
PARTNER NEWS: A service to improve women’s safety, by allowing them to recharge their prepaid mobile account at any retail outlet with a private code generated by SMS rather than their phone number, will roll out across India later this month... More
Samsung is planning to make Samsung Pay available on its non-premium smartphones in India, including its budget J series models, according to Mashable sources... More
Samsung Pay has launched in beta across Sweden, the first Nordic country to see the mobile payment service rolled out, with support from debit and credit card providers Mastercard, Mastercard SAS, Visa, Eurocard, and banks Nordea and SEB... More
The Indian government has called on banks to provide mobile banking to all customers by the start of April 2017, The Indian Express reports... More
Samsung has begun inviting Galaxy phone owners in India to register for early access to Samsung Pay. Customers can opt to pre-register Axis Bank, HDFC Bank, ICICI Bank and Standard Chartered Bank debit or credit cards and SBI Cards credit cards today with support for American Express and Citibank to follow. Paytm’s market leading mobile wallet will also be supported by the service. More
Visa’s mVisa QR-based mobile payment service is now live in India, Kenya and Rwanda and will soon be available in Egypt, Ghana, Indonesia, Kazakhstan, Nigeria, Pakistan and Vietnam, the company has announced at Mobile World Congress in Barcelona... More
Over half a billion mobile money accounts have been registered in 92 countries, with 1.3bn transactions processed in December 2016 alone, research from GSMA reveals... More
India Post is to allow consumers to send and receive money using only their Aadhaar number from September 2017, when the government-operated postal system launches its own payments bank... More