Tencent launches WeChat mobile wallet in South Africa

WeChat

Chinese ecommerce giant Tencent has launched a mobile wallet service in South Africa in partnership with Standard Bank. The service lets users of social messaging app WeChat make P2P transfers, pay for services such as airtime, data and electricity and make in-store payments by scanning QR codes at merchants supporting the SnapScan mobile payments platform. More





Coin unveils EMV-ready Coin 2.0 with NFC

Coin

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





MCX member Target to support Apple Pay

US discount retail giant Target has become the latest member of retailer-led consortium MCX to reveal its intentions to support Apple Pay, following Best Buy’s announcement that it will roll out support for the NFC mobile payments service this year... More


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