UnionPay details its mobile payment app for China’s banks

Unified app of China’s banking industry, ‘Mobile QuickPass’ officially launches today — China UnionPay — “The ‘Mobile QuickPass’ app is a unified mobile payment portal jointly developed and maintained by commercial banks and UnionPay, under the guidance of the People’s Bank of China. Customers are able to link their bank cards to the app, manage different bank accounts, and enjoy the mobile payment services and benefits offered by each bank. The services offered by this app also include UnionPay QR code payment, signing up for various mobile payment solutions, comprehensive credit card services, P2P real-time transfer and payment services in various scenarios.”


Garmin Pay adds support for Visa credit, debit and prepaid cards

Garmin and NXT-ID subsidiary FitPay expand Garmin Pay to Visa accountholders — Garmin and NXT-ID — “Garmin Pay is now available to Visa accountholders from numerous participating issuing banks including Bank of America, Capital One, and US Bank in the United States, and BonusCard, Cornér Bank, ANZ and NAB (National Australia Bank) internationally… Garmin Pay was initially launched in November 2017 for Mastercard accountholders.”


UK government expands open banking project to credit cards, e-wallets and prepaid cards

UK’s Open Banking project expanded — Open Banking — “The OBIE [Open Banking Implementation Entity] has now been asked by the CMA9 and Her Majesty’s Treasury to create open banking standards for all payment account types covered by the European Union’s second Payments Services Directive (PSD2). This means customers using credit cards, e-wallets and prepaid cards will also be able to take advantage of open banking services.”


Samsung Pay adds Visa, Mastercard, Amex and Interac debit options in Canada

Samsung Pay expands in Canada with new partners — Samsung Electronics Canada — “Following a successful introduction with CIBC in the Canadian market, Samsung remains committed to enhancing Samsung Pay and making it a holistic digital wallet extending beyond credit cards with the introduction of debit cards and new partners including Interac Debit, Scotiabank, American Express Canada, ATB Financial, Visa Canada and Mastercard. In addition, Samsung Pay will be made available soon to Tangerine and Peoples Card Services customers.”


Survey: Market fragmentation is holding back the adoption of mobile payments in Canada

Fragmentation, lack of interest to blame for poor mobile payments adoption in Canada — MobileSyrup — “While almost half of Canadians made a contactless purchase with their debit or credit card, the percentage of mobile payments users for platforms like Android Pay, Samsung Pay and Apple Pay is in the low single digits — even though awareness is “relatively high,” with roughly half of those polled stating they were aware of one of the big three platforms.”


AirPlus staff test cards with built-in fingerprint readers

AirPlus pilots biometric corporate card — Business Travel News — “Payments provider AirPlus is testing a biometric corporate card for which users can use a fingerprint rather than a pin at checkout, AirPlus head of research and development Uli Danz told BTN… The card may not be available to clients for a while because, as Danz told BTN, “in the credit card business there are a lot of rules, and the rules are not yet set for biometrics or fingerprints on card.”


American Express launches mobile-first credit card in Canada

American Express goes mobile-first with its new millennial-facing credit card — IT Business Canada — “According to AmEx director of new product development Laura Cocksedge, the card was designed start to finish as a mobile-first experience, with users able to use the Cobalt’s accompanying app to register for the card, verify their identities, track their spending, and use it with mobile payment platforms including Apple Pay, Android Pay, and American Express’s own AmEx Pay.”


American Express introduces Pay It Plan It: A mobile feature that gives card members two new ways to pay for credit card purchases

American Express introduces Pay It Plan It: A mobile feature that gives card members two new ways to pay for credit card purchases — American Express — “With Pay It, card members can use their American Express app to select smaller purchases and pay that purchase amount right away with a tap. With Plan It, card members can select purchases over US$100 and choose to make monthly payments ranging from three to 24 months with a fixed fee and no interest.”


Bahrain to launch national e-wallet on July 4

Bahrain to launch national e-wallet on July 4 — Trade Arabia — “The national e-wallet is a joint initiative of the Central Bank of Bahrain (CBB) and Benefit and a first-of-its-kind project in the kingdom. It will enable instant payments via smartphones and also facilitate the collection of payments electronically through debit, credit and prepaid cards and online bank accounts, for online and in-store purchases.”




KT introduces ‘mother of all credit cards’

KT introduces ‘mother of all credit cards’ — Korea Herald — “Dubbed ‘Clip Card’ the device looks like credit and debit cards issued by financial institutions, but it has a 1.3-inch display on the surface of the card that enables users to register all their cards, which are displayed in barcodes… The KT platform is compatible with all types of credit cards regardless of card companies and financial institutions, and with any operating systems.”


Orange adds Android Pay to mobile banking app in Poland

Mobile network operator Orange has become “the first Polish telecom operator” to integrate Android Pay into its Orange Finanse mobile banking app, allowing its customers with an active Mastercard debit or credit card to make payments using their Android handsets without having to download the Android Pay app separately... More


Walmart adds instant card issuance to Walmart Pay

Walmart Pay instant card issuance

Customers of US supermarket giant Walmart will now be able to make in-store payments using their Walmart credit card as soon as they are approved through the retailer’s Walmart Pay QR code-based mobile payments service — without having to wait for the physical card to arrive in the post... More


Chinese mobile payment apps launch in Vancouver, Toronto

Chinese mobile payment apps launch in Vancouver, Toronto — The Globe and Mail — “OTT Financial Inc is working with Chinese Internet giants Tencent and Alibaba to introduce their mobile-payment infrastructure in Canada. The two apps, WeChat Pay and Alipay, are linked with users’ credit cards and allows them to make payments in renminbi, which is then converted to Canadian dollars before it’s transferred to merchants.”



Mobile wallet Curve launches ‘time travel’ tool to let you ‘shop in the past’

Mobile wallet Curve launches ‘time travel’ tool to let you ‘shop in the past’ — Wired — “Once a person’s cards are uploaded to the Curve platform, they are all stored on a single Curve card. When shopping, they can then choose which account they would like to shop with using an app. If they change their mind, for example if they paid using a credit card but meant to pay with a debit card, the time travel tool lets them go back and swap.”



Westpac adds Samsung Pay in Australia

Westpac has become the first of Australia’s big four banks to begin supporting Samsung Pay, taking the service to “millions of Westpac Mastercard and Visa debit and credit cardholders” following its launch in the country with support from American Express and Citibank in June 2016... More



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