US retail giant Best Buy, a founder member of retailer-led consortium MCX which requires members to exclusively support its own yet-to-launch mobile payments service, has announced that it will accept Apple Pay NFC payments in its stores “later this year”... More
Apple Pay will be supported by all major US credit card companies “beginning this fall” after Discover announced plans to join Visa, MasterCard and American Express in letting its cardholders add cards and make NFC payments using the mobile payments service... More
Some 100m Apple Pay-capable smartphones will be available in the US in 2020, up from 53m this year, according to Mercator Advisory Group... More
Apple Pay has become the top choice of services among US consumers planning on using mobile payments in the next 90 days, a survey conducted by 451 Research has found — and consumers increasingly think mobile payments are more secure than credit cards. More
Some 185m Europeans will use a mobile payment app this year, up 51% on 2014, a survey of 14,000 consumers for ING has revealed, and respondents say they are far more likely to use apps associated with their bank for mobile payments (59%) over ‘named groups’ such as Apple or Google (39%)... More
Barclays has unveiled an Apple Watch app which will let customers check their current account balance when the watch goes on sale in the UK on April 24... More
Two in three Apple Pay users have encountered a problem when attempting to pay with the mobile payment service in a store, a survey from Phoenix Marketing International reveals... More
PARTNER NEWS: Orders are up 75% year-on-year at HCE and tokenization specialist Bell ID, the company reports, “with 90% of all new orders and requests for proposals focusing on mobile solutions.”... More
Italian jewellery brand Bulgari will enter the luxury smartwatch market next year when it launches the NFC-enabled Diagono Magnesium watch – allowing users to make contactless payments, access personal data, as well as unlocking doors at home, at work, or on their own car or yacht... More
“What Paydiant has is a clarity of focus on mobile and how large merchants need to utilise mobile to connect with their customers — they’re a small company doing that very successfully with some really cool brands,” Anuj Nayar, senior director of global initiatives at PayPal, has told NFC World as the payment giant prepares to complete its acquisition of the payments platform provider for a reported US$280m... More
Apple Pay has been tried at least once by 42% of iPhone 6 and 6 Plus owners in the US, a survey by Auriemma Consulting Group (ACG) has found — and almost half the owners who haven’t yet tried the NFC mobile payments service (47%) say they intend to do so within the next six months... More
Four in five iPhone 6 and 6+ owners in the US are yet to make use of Apple Pay (79%), a Trustev survey has found... More
Sweden-based mobile payments provider Seamless is offering users of its Seqr mobile payments service up to 3% cashback on their purchases, “valid on all purchases and effective on top of any other loyalty program or discount.” The offer is designed to persuade more consumers to adopt mobile payments, CEO Peter Fredell has told NFC World, and is financed via a mixture of revenue streams. More
How Apple Watch owners will be able to use their device to make payments, unlock hotel rooms and the garage doors at their home has been demonstrated by Kevin Lynch, Apple’s VP of Technology, at the company’s Spring Forward launch event... More
Apple Pay is now accepted “at nearly 700,000 locations” and “works with over 2,500 banks”, Apple has announced at its Spring Forward launch event... More
Credit card data stolen in recent data breaches at big retailers has led to a wave of fraudulent Apple Pay transactions, reports the Wall Street Journal... More
Android users can spend their iPhone-owning friends’ money using a new app that can capture NFC payment transaction tokens from other devices and hold onto them before spending them later. More
Apple is planning to supplant car keys with Apple Watch functionality, CEO Tim Cook has revealed in an interview with the The Telegraph... More
Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals, MasterCard’s Matt Barr has told NFC World... More
“Rampant” fraud levels being experienced by US card issuers that have signed up for Apple Pay need to be addressed with urgency, payments consultant Cherian Abraham has told NFC World, to avoid Apple, the individual banks and tokenized mobile payments as a whole suffering a reputational damage... More