The UK’s Metro Bank and Co-operative Bank have begun supporting Apple Pay, taking the number of financial institutions backing the mobile payment service in the country to 23... More
“Cash is still the most prominent payment method for UK consumers and global demand for coins is as strong as ever,” says The Royal Mint in response to research conducted by UK supermarket chain The Co-Op that predicted mobile payments will account for 65% of its transactions by 2025... More
UK retailer The Co-Op has predicted that 65% of all transactions at its supermarkets and convenience stores will be made using mobile phones by 2025. The forecast follows research released by the company which shows that almost 11m contactless transactions now take place at its 2,800 locations every month. More
Pay-as-you-go customers of Vodafone UK can now top up their mobile phones via Powa Technologies’ mobile payment platform PowaTag in more than 500 Vodafone stores as well as Argos, Brighthouse, Co-Op, Sainsbury’s, Tesco, JD Williams and Wilkinson... More
Mobile and internet banking in the UK is now being used for transactions worth nearly £1bn a day and totalling £6.4bn a week, up from £5.8bn last year, according to an industry-wide report on how mobile technology is changing the banking industry from the British Banking Association and Ernst & Young... More
The UK carrier and card issuer’s service is now available on an Android smartphone for the first time and customers who activate Quick Tap on an S III by 5 October will receive a £50 credit they can use to make NFC purchases with their phone. More
A survey of British consumers’ attitudes to contactless payment has found that 90% of users say it makes life simpler and 85% would recommend the technology to friends and family. More
News in brief from the NFC world and beyond: Banks deploy OTP cards • Qantas expands next generation check-in • Visa and Gap tie coupons to purchasing • iPhone users max their cards • Subway picks Facecash • Nokia retrieves Symbian • Mobile coupons gain ground • Barclays reports contactless stats • and more… More
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