Google Pay to launch in Israel ‘by the end of this year’

Google Pay preparing to launch its digital wallet service in Israel — Haaretz — “Google plans to launch by the end of this year its Google Pay digital wallet platform and online payment system in Israel… The giant US company has been undertaking a round of meetings with regulators, bank executives, credit card companies and financial technology startups. The campaign, which involves a team from Google Israel, includes playing a role in Israel’s rapidly growing e-commerce sector as well as in brick-and-mortar retail.”


Louis Vuitton unveils luxury NFC smartwatch

Louis Vuitton’s new Wear OS luxury smartwatch fully revealed — PhoneArena — “Besides the powerful Qualcomm Snapdragon 3100 processor, the newest platform for smartwatches, Louis Vuitton Tambour Horizon sports a 1.2-inch circular Amoled display (390 x 390 pixels resolution), 1GB RAM and 8GB internal memory… The smartwatch comes with NFC (near field communication) technology that will allow users to make payments on the fly using Google Pay.”


Lydia lets friends make NFC payments from shared expense accounts

Lydia launches shared accounts for its mobile payment app — Techcrunch — “When you create a shared account, each user can top up the account using other Lydia sub-accounts, a traditional bank account that you have already connected to the app or a debit card… Once the account is up and running, anybody can spend money. You can generate a virtual card, add it to Apple Pay, Google Pay or Samsung Pay, and associate it with the shared account. If you’re on a ski trip and buying raclette cheese for your group of friends, you can then pay with your phone and debit the shared account.”


MTS to roll out open loop ticketing on buses and trains in San Diego

MTS partners with Init for account-based fare system in San Diego — Init SE — “Init will deliver about 900 fare validators for use on MTS buses and at rail station platforms. The validators will accept closed-loop payments such as an MTS-branded smartcard and be capable of accepting open payments such as bank-issued debit/credit cards and mobile wallets using Google Pay, Apple Pay or Samsung Pay.”


US credit unions report increase in mobile payment transaction volumes

Debit card study offered by Co-Op Financial Services highlights debit trends to watch in 2019 — Co-Op Financial Services — “A total of 55% of survey respondents have experienced increases in the number of debit cards enrolled in a mobile wallet like Apple Pay, Google Pay or Samsung Pay. Also, 53% have experienced increases in the number of debit cards transactions coming from the mobile wallet channel.”



Google adds a payments license in Ireland

Google gets go-ahead from Central Bank for payments — The Irish Times — “Google has been authorised as a payment institution in the Republic, paving the way for the technology giant to begin providing new financial services to consumers and businesses both here and further afield. The Central Bank granted authorisation to Google Payment Ireland under the second Payment Services Directive (PSD2) regulation on Christmas Eve. Having obtained authorisation, the company will be allowed to issue and acquire payments across the European Union under passporting rights.”


Google gets an EU electronic money institution license

Google granted an electronic money institution licence in Lithuania — Bank of Lithuania — “Having secured an electronic money institution licence, the company will be able to issue electronic money and provide payment services to ensure smooth operation of its marketplaces across Europe, alongside working on other payment services for consumers within the European Economic Area, including Lithuania.”



Google Pay goes live in France

Google Pay

Google Pay is now live in France, with support for Boon, Boursarama Banque debit and credit cards, Edenred Ticket Restaurant cards, Lydia prepaid Mastercards, N26 Mastercard debit cards and Revolut Mastercards... More



T-Mobile offers mobile banking service that supports Apple Pay, Google Pay and Samsung Pay

T-Mobile launches mobile banking solution T-Mobile Money, available now on Android and iOS — 9to5Google — “T-Mobile Money hasn’t been officially launched, but was discovered early thanks to its (likely unintended) addition to Google Pay’s list of US banks and credit card companies. Its official website, discovered by Domain Name Wire, went live today and has the full details of the interesting offering.”


Tory Burch unveils smartwatch with NFC payments support

Tory Burch launches its Classic Gigi as the brand’s first touchscreen smartwatch — Tory Burch — “This new piece is a state-of-the-art smartwatch that balances fashion and function with features that include heart-rate tracking, swimproof functionality, payment methods, untethered GPS and more… Powered with Wear OS by Google and Qualcomm Snapdragon Wear 2100 SoC, the new ToryTrack Gigi Touchscreen Smartwatch is compatible with both iPhone and Android phones.”




Monzo launches instant Google Pay provisioning

Start spending immediately after signup with Google Pay — Monzo — “If you sign up to Monzo today on a compatible Android phone, you’ll be able to add your Monzo card to Google Pay immediately, without waiting for the physical card to arrive in the post… We’re also bringing ‘in-app provisioning’ to Google Pay, which means you can add your Monzo card to Google Pay from the Account tab with just a couple of taps. No need to go to the Google Pay app to initially add your card.”


Swiss banks face mobile payments boycott investigation

Swiss watchdog investigates banks over alleged payments system boycott — Reuters — “Switzerland’s competition watchdog has raided the offices of financial companies, including Credit Suisse and UBS, to investigate a suspected boycott of mobile payment solutions such as Apple Pay and Samsung Pay… ‘There is the suspicion that the companies agreed not to make their credit cards available for use with Apple Pay and Samsung Pay, in order to favor the Swiss solution Twint,’ competition commission Weko said.”





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