What's New in Payments

US Mastercard issuers commit to contactless

Mastercard Inc CEO Ajay Banga on Q4 2018 results — Seeking Alpha — “We’ve received commitments from issuers representing approximately two thirds of our total US consumer volume to issue contactless cards within the next two years. This includes Citi, Capital One, KeyBanc, Santander, HSBC and others. We’re also working with leading processors like FIS to bring contactless to smaller issuers and to credit unions.”


What's New in Payments

Apple Pay launches in Norway

Nordea launches Apple Pay in Norway, DNB stays focused on Vipps — Reuters — “Nordea Bank launched Apple Pay to its customers in Norway on Wednesday… Visa separately said Apple Pay will also be available to Norwegian customers at Santander Bank, and soon also at Sbanken. Norway’s biggest bank DNB said it had been in dialogue with Apple, but will so far not offer Apple Pay to its customers as it would rather concentrate on its self-made Vipps payment solution.”


What's New in Payments

Samsung Pay goes live in Mexico

Samsung Pay now available in Mexico — Samsung — “To bring this service to Mexico, Samsung strategically partnered with some of the country’s leading financial partners, including payment providers (American Express, MasterCard and Visa); banks (Banorte, Banregio, Citibanamex, HSBC and Santander); and banking acquirers, services and tools such as Clip and iZettle… Samsung Pay’s entry into the Mexican market marks the second Latin American country to receive the service and the 20th market worldwide.”



What's New in Payments

Samsung Pay now supports HSBC and M&S Bank cards in the UK

Samsung Pay now supports HSBC and M&S Bank cards in the UK — Engadget — “It was only available to customers who bank with MBNA, Nationwide and Santander. Today, it’s playing catch-up with support for HSBC, First Direct and M&S Bank cardholders. While welcome, the app is still missing some of the big British money-lenders including Lloyds Bank and Barclays.”


What's New in Payments

Samsung Pay goes live in the UK with iris scan authentication and faster transit payments

Samsung Pay in the UK

Samsung Pay is now available in the UK for customers of three financial institutions — MBNA, Nationwide and Santander — with “more on the way”. The service supports iris scan authentication as well as PIN and fingerprint authentication for Samsung Galaxy S8 and S8+ owners and offers a ‘transport card’ option designed to speed up transactions on busy Transport for London (TfL) services. More


What's New in Payments

Android Pay adds 44 US banks

Google has added a further 44 banks and credit unions to its list of Android Pay supporters in the US, following support from UK banks Santander, Royal Bank of Scotland, Natwest and Ulster Bank earlier this month and the addition of TSB announced this week... More




What's New in Payments

Samsung Pay to launch in Brazil this month

Samsung Pay

Samsung Pay will begin rolling out across Brazil on July 19, Samsung has confirmed, making it the first market in South America to introduce the mobile payment service. It will be supported by both MasterCard and Visa as well as Banco do Brasil, Brasil Pré-Pagos, Caixa, Porto Seguro, and Santander. More


Santander to offer voice-activated mobile banking

Santander

Santander customers in the UK with an Apple iOS device will soon be able to use their voice to interact with their SmartBank mobile banking app in order to make payments, retrieve information such as how much they have spent and perform queries on specific transactions... More


What's New in Payments

Samsung Pay hits 5m users and is set for global expansion in 2016

Samsung Pay

Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More