Insurance giant Allianz to offer mobile payments service with built-in cover for purchases

Allianz and Visa launch mobile payment and loyalty app — Allianz — “The mobile payment and loyalty app is the first of its kind in the insurance industry and enables customers to make fast, safe and easy payments with their mobile device online and in stores… Allianz Prime users also benefit from an attractive loyalty program, a smart spend tracker to simplify money management as well as Allianz Partners’ Digital Payments Protection… The Allianz Digital Payments Protection provides coverage against fraud, safeguards and supports customers in case of defective or damaged online purchases and provides financial compensation in case of a loss.”






One fifth of global consumers have made an in-store mobile payment as China leads the way

Mobile Money Report

Nearly one fifth of global consumers (18%) have made an in-store mobile payment in the past six months, representing an increase of 10% from the same period in 2014, research released by trade body Mobile Ecosystem Forum (MEF) reveals. Chinese consumers lead the way, with 38% of them having paid with their phone at the point of sale — nearly double the global average. More










Munich Airport to support Alipay

Chinese passengers at Munich Airport will be able to make payments at participating retailers using Alipay from mid-July through a partnership between German payments technology provider Wirecard and airport stores retailer Eurotrade... More


Wirecard supports launch of Curve

German payments technology provider Wirecard is supporting the launch of Curve, a physical payment card that will let consumers store an unlimited number of bank cards and make contactless payments at POS terminals where MasterCard is accepted... More


Apple Pay adds more than 20 US banks

Apple has added more than 20 further banks and credit unions to its list of Apple Pay supporting financial institutions in the US, 9to5mac reports. The news follows German payments technology provider Wirecard’s Boon service integrating with Apple Pay in the UK... More





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