Facebook Messenger users across the US can now send and receive money between groups of people in a Messenger conversation by selecting the payments icon and then choosing who to send or request money from using a list of conversation participants. More
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
- Hello, NFCW readers!
More than 150m people to use Apple Pay, Samsung Pay and Android Pay by end of 2017
The number of consumers using OEM Pays — mobile payment services delivered by handset manufacturers — such as Apple Pay, Samsung Pay and Android Pay will exceed 100m for the first time during the first half of 2017 and is expected to surpass 150m by the end of the year, Juniper Research reveals, while host card emulation (HCE) adoption is set to rise five-fold over the next four years. More
Samsung Pay to launch in Ireland after UK?
Samsung Pay is to launch in Ireland later this year, following its expected launch in the UK this summer, according to The Irish Times... More
Westpac adds Samsung Pay in Australia
Westpac has become the first of Australia’s big four banks to begin supporting Samsung Pay, taking the service to “millions of Westpac Mastercard and Visa debit and credit cardholders” following its launch in the country with support from American Express and Citibank in June 2016... More
White paper gives insight into successful ID verification deployment
A six-page white paper that aims to educate mobile network operators on implementing successful in-store ID verification solutions is now available to download from the NFC World Knowledge Centre... More
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CaixaBank explains why it sees mobile payments as the key to adding value to its banking service
Mobile payments are the best example of how technology can add value to traditional banking services, says CaixaBank Payments’ head of mobile — and benefits will come not only in the form of increased revenues but also in the form of improved customer satisfaction, reputation and loyalty. More
Westpac claims ACCC ruling “stifles innovation”
The Australian Competition and Consumer Commission’s (ACCC) decision to rule against a group of banks seeking access to the NFC technology within Apple’s iPhones “stifles innovation” from the banks and other players in the market, according to Westpac’s Dave Curran... More
ANZ raises mobile transaction limit with voice authentication
Customers of Australia’s ANZ bank will soon be able to make higher value transactions on their mobile devices by authenticating the payment using their voice... More
Facebook Messenger adds payment prompts using artificial intelligence
Facebook Messenger users across the US are now being prompted to send and request money transfers by an artificial intelligence-based feature that detects when a payment is being discussed in a conversation on the social media platform and responds with a suggestion designed to help the user complete that payment. More
UAE residents to use NFC for ‘a wide range’ of mobile payments services
Consumers across the United Arab Emirates will soon be able to make payments across a “variety of services” using their mobile phone and Empay, a common mobile payment platform based on NFC. The solution forms part of Dubai’s Smart Government Initiative which aims to transform Dubai into the world’s smartest city. More
Apple Pay gets positive start in Taiwan
Some 415,000 cards were registered to Apple Pay two days after it launched in Taiwan in March 2017, the Financial Supervisory Commission has revealed... More
Consumers get chance to win prizes at the point of sale
Consumers can now be offered the chance to win prizes related to the purchases they make both in-store and online by playing games such as scratch cards and slot machines that are integrated into a merchant’s payment confirmation pages online and at the payment terminal in a store. More
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PayPal and Visa extend payments deal to Asia Pacific
PayPal users across Asia Pacific will soon be able to make in-store NFC mobile payments in all Visa supporting locations, following an announcement by PayPal and Visa that they are to expand their US payments agreement to the region... More
Deutsche Bank customers get HCE mobile payments
Customers of Deutsche Bank in Germany can now make host card emulation (HCE) based mobile payments using their Mastercard credit or debit card through the bank’s Deutsche Bank Mobile app... More
WhatsApp to launch UPI-based payments in India?
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
Low uptake of SIM-based mobile payments leads to decrease in NFC SIM shipments in 2016
The global number of NFC SIM card shipments decreased in 2016 due in part to a “lower than anticipated” consumer uptake of SIM-based mobile payments and the impact of the closure of the Softcard mobile wallet in the US, the SIMalliance has revealed, despite reporting growth in NFC SIM shipments in key countries across Europe and the CIS regions, highlighting the demand in specific markets. More
Barclaycard: Realising the potential of conversational commerce is crucial
Having information about how, when and why consumers seek to contact organisations through digital assistants and chatbots and understanding why they are gravitating towards doing so is critical to achieving the full potential of conversational commerce, according to Barclaycard’s managing director of future payments Nick Kerigan and director of future payments Sanjaya Shrestha. More
Samsung Pay opens early access phase in the UAE
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
Amazon customers get in-store cash deposits to fund online payments
Amazon customers across the US can now top up their Amazon balance using cash at “thousands of participating convenience, grocery and drug stores” by showing a printed barcode or a barcode on their mobile device to the cashier. They will then be able to use the funds to make online purchases at Amazon. More
Twint goes live in Switzerland
Mobile payment service Twint has been launched in Switzerland, marking the completion of the merger between PostFinance’s Twint and financial infrastructure operator SIX’s Paymit platforms... More