US retailer-led consortium MCX is concluding the pilot of its CurrentC mobile wallet at the end of June and will be disabling all user accounts. The company has “not yet determined the future timing of CurrentC”. More
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US startup raises funds for multipurpose smart wallet
US startup Spendwallet is raising funds on Indiegogo for an electronic wallet device that can store up to 20 magnetic stripe cards and will let the owner make payments at the point of sale using the company’s self-developed Magnetic Flux Emulation (MFE) technology. More
BLE beacons to deliver 1.6bn coupons a year by 2020
Almost 1.6bn coupons will be delivered annually to consumers via Bluetooth Low Energy (BLE) beacon technology by 2020, Juniper Research forecasts... More
Samsung Pay adds membership and loyalty cards in the US
Samsung Pay users across the US can now add their merchant membership and loyalty cards to the mobile payment service and receive savings, rewards and other offers by having a card’s barcode scanned by the cashier at the point of sale. More
Payback to add NFC payments to mobile app
German loyalty program Payback is to launch a new app in May that will include loyalty points, coupons and NFC mobile payments... More
Singapore carriers to use Gemalto NFC SIMs for transit ticketing rollout
PARTNER NEWS: Digital security giant Gemalto is supplying Singapore’s mobile network operators with UpTeq Multi-Tenant NFC SIMs for the rollout of a service enabling commuters to use a mobile version of their EZ-Link transit card to pay for public transportation and for purchases at some 30,000 local retail outlets... More
More than 100m people will make an NFC mobile payment in 2016
More than 100m people around the world will use an NFC handset to make a purchase this year, according to a new report from Strategy Analytics, and the value of transactions conducted via NFC handsets will grow from US$30bn in 2016 to US$240bn in 2021. More
Generation Z leads the way in US mobile payments adoption
US consumers aged between 18 and 24 are by far the most likely to make a payment while using their mobile phone, research from GfK shows, with more than half (53%) having made a mobile payment while using the internet in the past six months... More
Samsung Pay hits 5m users and is set for global expansion in 2016
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
Mobeam update brings loyalty to POS scanners
Mobeam has updated its mobile coupon and offer app Beep’nGo to let customers use retail loyalty cards, gift cards and barcode coupons on their smartphone at checkout scanners for the first time... More
Visa launches cross-marketing network for coupon-free digital rewards
US merchants can now send targeted offers and rewards to their customers that can be redeemed at other merchants’ locations via Visa Commerce Network, a new service launched by Visa that eliminates the need for coupons at the point of sale. More
A third of US consumers now use mobile wallets
Nearly a third of US consumers (32%) are currently using a mobile wallet such as Apple Pay or Android Pay, research from Vibes reveals... More
BLE beacons will deliver 1.6bn coupons by 2020
Nearly 1.6bn coupons will be delivered annually to consumers via Bluetooth Low Energy (BLE) beacons by 2020, up from 11m this year, Juniper Research predicts... More
Burger King launches mobile rewards in New Zealand
Customers of fast food chain Burger King in New Zealand can now receive personalised offers, coupons and reward points on their mobile device... More
Samsung Pay offers $100 discount to new users
Samsung is offering up to US$100 off any Samsung.com purchase for new users who add a compatible card to Samsung Pay... More
BNP Paribas tests NFC screen shopping
French bank BNP Paribas has begun testing an NFC connected screen in its 2 Opéra concept store in Paris, allowing customers to complete transactions by holding their NFC phone or contactless payment card up to the screen... More
German football fans get HCE mobile payments
Fans of the FC Kaiserslautern football team can now make host card emulation (HCE) mobile payments at snack kiosks across its Fritz Walter Stadium using a mobile app developed by Sandpiper Group member companies Payment Solution and Ergonomics... More
MasterCard integrates loyalty programs and mobile payments with new specification
MasterCard has introduced a loyalty middleware specification that aims to ease the integration of loyalty programs with mobile payment apps... More
First National Bank adds coupons and vouchers to mobile app
Customers of South Africa’s First National Bank (FNB) can now redeem mobile coupons and vouchers through the bank’s mobile banking app directly at the point of sale... More
Edeka rolls out mobile payments to 800 stores
German supermarket chain Edeka has added mobile payments to its mobile app, letting customers in 800 stores across the country complete transactions by presenting a barcode at the point of sale... More