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    Contactless overtakes traditional card payments in Hungary

    March 17th, 2017

    Contactless payments accounted for more than half of all transactions made with payment cards in Hungary in 2016, the country’s central bank says. “Whereas in 2015 contactless payments accounted for 30% of payments, in 2016 more than half (51%) of payments were conducted with the new technology,” says Magyar Nemzeti Bank. Nearly 63% of payment cards and more than three quarters of POS terminals now allow contactless payments in Hungary.

    FNB reports ‘sharp rise’ for contactless in South Africa

    March 16th, 2017

    South Africa’s First National Bank (FNB) has seen a 270% increase in the number of contactless payments made with its credit cards over the last six months. “While the number of contactless transactions by customers averaged 1.5 taps per month in May 2015, they climbed to an average of 2.5 per customer by January 2017,” FNB says. “The number of customers using the technology has risen sharply by 227% in the last six months.”

    Capital One pilots text-based banking chatbot

    March 15th, 2017

    A group of Capital One customers have begun piloting Eno, a chatbot that uses artificial intelligence to answer requests for account information and to pay bills via SMS and emojis. “You can get a quick update on your accounts by texting Eno things like ‘what’s my balance’ or ‘how much credit do I have’,” the bank says. “You can also pay your credit card bill by texting ‘pay my bill’.”

    Sweden becomes first Nordic country to get Samsung Pay

    March 9th, 2017

    Samsung Pay has launched in beta across Sweden, the first Nordic country to see the mobile payment service rolled out, with support from debit and credit card providers Mastercard, Mastercard SAS, Visa, Eurocard, and banks… More

    Vodafone Germany offers mobile wallet support for PayPal and Visa

    March 8th, 2017

    Vodafone Germany customers can now make NFC mobile payments using PayPal or a Visa credit card installed in the mobile network operator’s Vodafone Wallet. The service went live in Germany in 2014 and customers began testing NFC mobile payments using their Girocard — Germany’s most common debit card — in December. Vodafone Wallet can also be used by Mercedes-Benz E-Class drivers to lock and unlock their car doors.

    South Korea to test NFC credit card authentication for online shopping

    March 8th, 2017

    The Korea Communications Commission (KCC) is to run a pilot allowing consumers to authenticate themselves when making online purchases by tapping their credit card against an NFC smartphone, The Korea Herald reports. “The smartphones can read the personal information,” KCC says. “Credit card firms and credit appraisal firms share the information to prove whether the information is genuine.”

    Belgium becomes tenth country to go live with Android Pay

    March 7th, 2017

    Android Pay has launched in Belgium with support for Mastercard and Visa credit cards from BNP Paribas Fortis, Hello Bank! and Fintro, with debit cards issued by the three banks plus CBC/KBC expected to be… More

    Apple Pay goes live in Ireland with support from Mastercard, Visa and two banks

    March 7th, 2017

    Apple Pay has been launched across Ireland with support from Mastercard, Visa, KBC and Ulster Bank, allowing customers to make in-store, online and in-app payments using their compatible devices. The mobile payment service will also… More

    Samsung Pay to launch in India with support from five Visa and Mastercard issuers — and Paytm

    March 2nd, 2017

    Samsung has begun inviting Galaxy phone owners in India to register for early access to Samsung Pay. Customers can opt to pre-register Axis Bank, HDFC Bank, ICICI Bank and Standard Chartered Bank debit or credit cards and SBI Cards credit cards today with support for American Express and Citibank to follow. Paytm’s market leading mobile wallet will also be supported by the service. More

    Rambus unveils Unified Payment Platform for mobile payments and loyalty

    February 27th, 2017

    PARTNER NEWS: Rambus has unveiled a mobile payments platform that will allow retailers to launch mobile payment and loyalty services that securely store and manage a variety of payment cards, as well as gift cards… More

    Crédit Mutuel Arkéa launches HCE mobile payments developed with Antelop

    February 23rd, 2017

    PARTNER NEWS: Customers of French bank Crédit Mutuel Arkéa can now make host card emulation (HCE) based mobile payments using the bank’s Paylib mobile app and authorise payments at the point of sale with a… More

    Bank of China brings Apple Pay to UnionPay credit cards

    February 21st, 2017

    Bank of China has become the first bank in Hong Kong to offer Apple Pay with UnionPay credit cards. BOC UnionPay Dual Currency Credit cardholders can make payments at UnionPay QuickPass terminals in mainland China and Hong Kong. A HK$30 cash (US$4) gift for customers signing up for Apple Pay and promotions for using the service at Pacific Coffee and Sasa outlets are on offer until 20 April 2017.

    EMV card shipments grow less than 1% in 2016

    February 20th, 2017

    Global EMV payment card shipments increased by less than 1% year-on-year in 2016, reaching nearly 3bn, ABI Research says. “Between 2012 and 2015, the market became accustomed to annual growth rates in the 20% to 35% range, as first China and then the US began their respective migration programs,” the research firm adds. “But, as overstocking paired with near saturation points hit both countries simultaneously, orders significantly slowed.”

    Jaguar brings in-car fuel payments to Shell service stations

    February 15th, 2017

    Luxury car maker Jaguar has begun integrating a mobile payments system into its vehicles, allowing drivers to use PayPal or Apple Pay to pay for fuel at Shell service stations using an app and the… More

    Citi and Wells Fargo cards ‘not supported’ by Android Wear

    February 15th, 2017

    Credit cards provided by US banks Citi and Wells Fargo are not supported by Android Wear 2.0, Google’s new version of its wearables operating system which brings host card emulation (HCE) based NFC payments to smartwatches. “At this time, these cards aren’t supported on Android Wear,” Google says, with no further details as to when support for the cards will be offered.

    Australian banks drop Apple Pay fee request to focus on iPhone NFC access

    February 13th, 2017

    The group of Australian banks arguing for the right to collectively negotiate with Apple over the introduction of Apple Pay in the country have dropped their request to jointly arrange how to “pass-through” additional fees… More

    Singapore’s Nets network moves to mobile payments

    February 8th, 2017

    Singapore electronic payments network Nets is to go “digital and contactless” within the coming weeks. “The function will be available in several forms including credit cards, which are due to be issued by banks in this half of the year, mobile phones and even wearables,” The Straits Times reports. “The contactless function will let users make payments with Nets below S$100 (US$70).” Nets is due to roll out its Nets Pay mobile payments service with banks “soon”.

    Smart Benches offer Londoners chance to make contactless charity donations

    February 6th, 2017

    Ten Smart Benches have been installed across London to enable passersby to donate £2 (US$3) to Cancer Research UK with a tap of their contactless debit or credit card. The Smart Bench network is currently being piloted in two boroughs in the city, with a further 90 benches to be permanently rolled out later this year. More

    Liverpool gets own currency built with blockchain

    February 6th, 2017

    The UK city of Liverpool has launched its own digital currency using blockchain technology supplied by Tel-Aviv-based digital wallet provider Colu. The Liverpool Local Pound (LLP) is available through Colu’s app. Users can top it up using a credit card and will receive five free LLPs when signing up, equalling £5 (US$6). “Transactions happen at the swipe of a finger and the money is transferred between accounts immediately,” The Telegraph reports.

    France to increase contactless limit to €30

    February 6th, 2017

    The contactless spending limit in France will increase from €20 (US$21) to €30 (US$32) at the end of this year. From March 2017, contactless payment terminals will be reconfigured to accept payments up to the new limit and, from October, new bank cards will be issued to consumers. According to French bank card association Groupement des Cartes Bancaires, about 40% of consumers will have their new card with the €30 spending limit by the end of 2018.

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