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
Facebook users in the US will soon be able to make and receive secure mobile payments for free via the social network’s Messenger app... More
Facebook has unveiled a new service called Place Tips that works with Bluetooth beacons, WiFi and GPS to show the social network’s iOS app users “useful and relevant” information about the places they visit... More
Commercial Bank of Dubai (CBD) has launched a virtual bank branch for Facebook, letting its online banking customers check balances, pay credit card bills, transfer money between accounts and track expenses from within the social network... More
Kotak Mahindra Bank has launched a bank-agnostic payment service for Facebook that will enable 250 million Indian bank account holders to transfer money by choosing a recipient’s name from their friends list... More
The ability to make payments from within Facebook Messenger is on its way, according to screenshots and video footage spotted by Techcrunch... More
“We want PayPal to be present whenever and wherever consumers want to pay so if that means being in other wallets, if that means being in any existing or other new ecosystems where payment occurs, our desire is to be a payments platform that can enable payments in any of those environments,” says eBay’s CEO. More
Stripe “is the sole Facebook payments partner” for its ‘buy’ button trial, Re/code reports... More
Publisher IPC Media is using Bluetooth Low Energy (BLE) beacons installed in 740 One Stop convenience stores across the UK to offer discounted copies of its Chat, Pick Me Up, Woman and TV & Satellite Week magazines... More
Facebook is to close down its gifts service on August 12, Techcrunch reports... More
Facebook is looking into the potential of adding payments capabilities across its business, CEO Mark Zuckerberg has explained during the company’s first earnings call following the hiring of PayPal boss David Marcus to head its messaging business — but the company won’t rush into the market and expects to take several years to fully develop its offering... More
Facebook is testing a ‘buy’ button which allows consumers to purchase products through the social media platform... More
PayPal CEO David Marcus is leaving the online payments provider at the end of June to take up a new role at Facebook, as vice president of messaging products — prompting speculation that he will oversee building ecommerce and payments capabilities into the social network... More
US startup QuickCoin is making it possible for Facebook users to send Bitcoins to friends from within the social networking platform... More
Sports venue display provider Access Sports Media is to use Blue Bite’s mTag platform to add NFC, QR, SMS and geofencing capabilities to its more than 20,000 displays in 200 US sports venues... More
Customers of Singapore’s OCBC Bank can now send up to S$100 a day to any of their Facebook friends from their phone, using a new Pay Anyone feature in the bank’s mobile app... More
Money transfer service provider MoneyGram has partnered with PicomoPay to enable US consumers to send funds to any of MoneyGram’s 336,000 agents around the world from the social payments provider’s Facebook application... More
Spain’s CaixaBank has become the first bank in Europe to launch a Facebook application that allows users to view their bank accounts and perform transactions via the social network... More
Singapore-based Mobispot Social Systems has introduced a platform that enables “modern city residents” to access a variety of services — including payments, transportation, ticketing, access control, discounts, membership and information sharing — via NFC wristbands... More
Hong Kong fashion retailer Central Central has used NFC at a party celebrating its second anniversary... More