Consumers will be able to make contactless transactions for high value payments above the current limit at all contactless terminals across Europe by 2017, MasterCard has announced... More
Apple Pay
MasterCard sees “strong uptake” of Apple Pay
“We are seeing strong uptake; these technologies will take time to grow but we’re seeing adoption track really well,” MasterCard’s chief emerging payments officer Ed McLaughlin said of Apple Pay during an interview with Fortune... More
200m NFC mobile wallets in 2016
The number of NFC mobile wallets is expected to reach 200m by the end of 2016, up more than 100% from the end of 2014, research from Juniper Research reveals... More
TriMet to roll out NFC ticket payments
Canadian commuters in the greater Portland-Vancouver area will soon be able to pay for their journeys using Apple Pay and other NFC mobile wallet services, contactless cards and the Hop electronic transit card system... More
Lloyds Bank close to adding Apple Pay support
Lloyds Bank is close to launching support for Apple Pay in the UK after being a notable absence from the list of supporting banks when the mobile payment service launched in July... More
HCE webinar: one week to go
Join NFC World and SimplyTapp on September 10 for a unique opportunity to put your questions on HCE, tokenization, Apple Pay, Android Pay and more to host card emulation pioneer Doug Yeager... More
US bank CEOs fear Apple competition
Almost half of US bank CEOs and directors worry about potential competition from Apple, with 63% saying they don’t think their bank is ready to offer Apple Pay, findings from Bank Director’s 2015 Growth Strategy Survey reveals... More
PayAnywhere reader supports Apple Pay
Credit card processor North American Bancard has introduced a new version of its PayAnywhere mobile credit card reader, which accepts Apple Pay, contactless NFC payments and magnetic stripe credit cards... More
Coin unveils EMV-ready Coin 2.0 with NFC
Connected device maker Coin has released a new version of its electronic magnetic stripe card that is EMV-ready and incorporates NFC, allowing users to store credit and debit cards and make both contactless and swipe payment transactions for in-store purchases... More
UK consumers increase contactless spending 560% in 12 months
The amount British consumers have spent using their contactless cards has increased 560% in the last 12 months, research from MasterCard has revealed — a more than sixfold year-on-year growth and up from a 373% increase in the year to July 2014... More
Apple Pay fees ‘sticking point’ for Australian banks
Australia’s largest banks are reportedly in dispute with Apple over Apple Pay interchange fees... More
Four in five Apple Watch owners use Apple Pay
Some 80% of Apple Watch owners that are eligible to use Apple Pay have already done so, research from Wristly has found, with 79% saying they prefer using the mobile payments service on their Apple Watch over their iPhone... More
Apple Pay adds 18 banks in US
Apple has added a further 18 banks and credit unions to its list of financial institutions in the US supporting Apple Pay, putting the total close to 500... More
Kona I unveils Kona Pay
South Korean smart card provider Kona I has unveiled Kona Pay, a platform that allows banks and credit card firms to develop mobile payment services based on NFC, QR and barcodes... More
CurrentC to be tested in Ohio
Mobile payments consortium MCX will test its CurrentC mobile wallet in Columbus, Ohio, in the coming weeks, The Wall Street Journal reports... More
MCX member Rite Aid to accept Apple Pay and more
US pharmacy chain Rite Aid, a member of the MCX retailer-owned mobile payments consortium, will accept Apple Pay and other mobile payment services in its stores from August 15, following its decision to stop accepting NFC payments in the wake of the launch of Apple Pay in October last year... More
Apple Pay gets 98% satisfaction rate for in-store purchases
Apple Pay has gained a 98% satisfaction rate among those that have used the mobile payments service to make an in-store payment in the US, Auriemma Consulting Group’s Marianne Berry has told NFC World, adding that the average number of in-store Apple Pay purchases per week among all users now stands at 2.6... More
PaidEasy raises $2m in seed funding
Mobile payment startup PaidEasy has announced a seed round of funding valued at US$2m... More
PayPal launches contactless reader in UK
PayPal has launched the new version of its PayPal Here card reader, equipped with contactless, in the UK following its unveiling in March... More
Amex adds corporate cards to Apple Pay
American Express is now allowing customers to add corporate credit cards to Apple Pay... More