Nearly half of US point of sale merchants (44%) are using or have requested information about mobile wallet solutions and 67% of those wanted Apple Pay, an investor note by Piper Jaffray analyst Gene Munster reported by Barron’s reveals... More
USA
Google reports on US Android Pay adoption
Android Pay has averaged 1.5m new registrations each month in the US since the mobile payment service’s launch in September 2015, Google has revealed... More
Wells Fargo adds support for Samsung Pay
Samsung Pay now includes support for Wells Fargo credit and debit cards, resulting in the mobile payment service supporting cards from 70 banks and credit unions covering more than 70% of the US credit and debit card market... More
Google pilots hands-free payments in San Francisco
Shoppers in San Francisco’s South Bay area are being invited to take part in a pilot test of Hands Free, a payment service developed by Google that uses a combination of Bluetooth Low Energy (BLE), Wi-Fi and location services to let consumers make in-store payments without taking their mobile phone out of their pocket. More
58% of millennials prefer friends to pay cash
Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals... More
US mobile payments at the POS to increase 54% this year
Mobile payments made at the point of sale in the US will increase 54% in 2016 compared to 2015, with continued growth expected through 2019, research from Packaged Facts predicts... More
148m consumers to make NFC mobile payments in 2016
Some 148m consumers will make NFC mobile payments this year, with Apple and Samsung accounting for nearly 70% of new customers, Juniper Research forecasts... More
Generation Z leads the way in US mobile payments adoption
US consumers aged between 18 and 24 are by far the most likely to make a payment while using their mobile phone, research from GfK shows, with more than half (53%) having made a mobile payment while using the internet in the past six months... More
US EMV adoption slower than expected
Some 37% of US merchant locations are now EMV-ready, according to management consulting firm The Strawhecker Group (TSG)... More
Pin4 rolls out mobile ATM withdrawals in the US
Consumers in New York, Miami, Chicago and Los Angeles can now make P2P cash withdrawals using a PIN code sent to their mobile phone at ATMs equipped with technology from Pin4 and ATM network operator Payment Alliance International... More
Visa Checkout heads to six new markets
Visa is expanding its online payment service to France, India, Ireland, Poland, Spain and the UK this year, taking the total footprint to 22 markets... More
Connected car can find parking, reserve it and pay with a fingerprint
Car manufacturer Seat, Samsung Electronics and software giant SAP have created a technological alliance to develop connected car projects that could enable drivers to reserve car parking spaces and pay with a fingerprint using Samsung Pay. The companies are showing their ideas at Mobile World Congress this week. More
Chase Pay goes to Starbucks mobile app
Users of Chase Pay will soon be able to buy food and drinks at more than 7,500 Starbucks cafés in the US through the coffee chain’s own mobile app or with the Chase Pay app... More
MasterCard to launch ‘selfie pay’ in the US, Canada and Europe this summer
Consumers across the US, Canada and parts of Europe will soon be able to authenticate their online transactions with their fingerprint or face using MasterCard’s ‘selfie pay’ system. The confirmed launch of the service — expected this summer — follows a successful pilot in the Netherlands. More
Visa extends Visa Token Service to auto manufacturers
Visa is extending its Visa Token Service platform to auto manufacturers to enable in-vehicle payment experiences through Visa Checkout. The company has partnered with Honda and car parking solutions provider ParkWhiz to demonstrate fuel and parking proof-of-concept solutions at Mobile World Congress in Barcelona this week. More
Chinese banks face lower fees to support Apple Pay
Banks supporting Apple Pay in China will pay approximately half the amount in fees that US banks are paying to support the service — and may have negotiated a lengthy initial holiday period, according to Caixin... More
PayPal to add NFC payments to Android app
An upcoming version of PayPal’s Android app is to bring with it NFC payments capability, the online payment giant has announced at Mobile World Congress... More
Samsung Pay hits 5m users and is set for global expansion in 2016
Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More
40 more US banks sign up for Apple Pay
More than 40 US banks and credit unions have joined the list of Apple Pay supporting financial institutions in the US... More
US transit association to collaborate with NFC Forum
The American Public Transportation Association (APTA) is to work with the NFC Forum to “jointly educate the industry on near field communication (NFC) technologies supporting the needs of public transportation operators”... More