The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not. More
The new solution eliminates the need for banks to issue customers with a dedicated authentication device by using a combination of NFC phones, QR codes and contactless bank cards. More
Bank owned transaction processor Six Payment Services, one of Europe’s largest, has partnered with NFC specialist Nexperts to develop a standard approach to handling NFC loyalty applications... More
A social media study conducted by MasterCard and Prime Research has identified a high volume of conversation and consumer interest in adopting mobile payments — as well as highlighting a number of barriers to entry... More
Orange has signed a strategic agreement with MasterCard “to enhance and accelerate” the delivery of innovative mobile payment services in Spain... More
MasterPass covers in-store and online payments, supports both NFC and QR codes and enables “banks, merchants and partners” to offer their own wallets to consumers. More
Oberthur Technologies has announced that its Pearl Secure Element 800k Classic embedded secure element has been certified by MasterCard for Mobile PayPass applications and by Google for Google Wallet... More
ABN Amro, ING and Rabobank have teamed up with mobile network operator KPN to run an NFC pilot in the city of Leiden this summer “with a large group of consumers.” More
“This new trial will assess the user friendliness of the technology, its capacity to increase the speed of transaction, save customers time in store and seamless integration of Flybuys points to add even more value to the Coles customer experience,” says the retailer. More
Italian bank UBI Banca has teamed up with mobile network operator Vodafone to pilot an NFC payments service in the city of Varese... More
Brazilian mobile network operator TIM, part of the Telecom Italia group, has begun a small NFC payments pilot in collaboration with MasterCard, Banco Itaú, Redecard and TSM provider Gemalto... More
Customers with an NFC phone can now sign up at any GE Money Bank branch to begin making mobile payments. More
A new version of Google’s mobile wallet app has been released, with a new look user interface and improvements to application stability and battery usage. More
The NFC Forum is launching a series of special interest groups in “key vertical markets” to support and accelerate adoption of the technology... More
Trustonic, a joint venture set up by the three companies, will provide TSMs and service providers with the key to their own secure area within a trusted execution environment on an ARM processor, in exchange for a one-off fee, providing an alternative to secure element chips for applications requiring low- to mid-range security. More
MasterCard has signed a strategic partnership agreement with C-Sam and also acquired a minority shareholding in the NFC mobile wallet and transaction platform provider... More
Gemalto’s UpTeq NFC SIM has now been certified by American Express, MasterCard and Visa... More
DeviceFidelity’s NFC mobile wallet solution is now available at MetroPCS stores in the San Francisco Bay Area... More
The prepaid card specialist’s 84 financial institution clients will be able to provide customers with mobile wallets based on DeviceFidelity’s Moneto platform, which uses NFC-enabled cases and microSD cards to add mobile payments capabilities to Apple iPhone and Android devices. More
Inside Secure‘s Mobile MasterCard PayPass M/Chip 4 payment applet has received MasterCard‘s Cast and Functional certification when credentials are stored on the chip specialist’s SecuRead embedded NFC module or VaultSecure secure element... More