What's New in Payments

Chase offers 5% cash back on payments made with mobile wallets

Chase Freedom adds new mobile wallets category to 5% cash back rewards for first quarter — Chase — “Cardmembers can earn 5% cash back on up to $1,500 in combined purchases in quarterly categories during the first three months of 2018, including purchases they make with the card in four mobile wallets. For the first time ever, cardmembers will earn the extra rewards through this new offer when using the following mobile wallets: Chase Pay, Apple Pay, Android Pay, Samsung Pay.”


What's New in Payments

Indian government sets out plans to make digital payments ‘visibly cheaper’ than cash

Govt to incentivise online payments to push digital transactions — Hindustan Times — “The incentives could include cashbacks and reward points for BHIM users… The note presented last week by the ministry of electronics and information technology to Parliament’s standing committee on finance detailed a five-step road map to push e-transactions. ‘Digital payments to be made visibly cheaper than cash,’ the note said.


What's New in Payments

Discover lets cardholders redeem cashback bonus points via Apple Pay

Discover cardmembers now have ability to redeem Cashback Bonus rewards with Apple Pay — Discover Financial Services — “‘Cashback Bonus redemption through Apple Pay can happen in just two touches for Discover cardmembers,’ said Szabolcs Paldy, vice president of e-business for Discover… ‘Customer experience hinges on embracing mobile-first technologies like Apple Pay, and this new ability will make Cashback Bonus redemption even easier and more convenient for our cardmembers.’”












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