News about Debit card.
January 16th, 2017
A quarter of all UK card transactions in November 2016 were made using contactless debit and credit cards, The UK Cards Association reveals. A record £2.9bn (US$3.5bn), from 325m purchases, was spent using the technology during the month — an increase of 184% from November 2015 when contactless spending passed £1bn in a month for the first time.
January 4th, 2017
US consumers will soon be able to use their voice to order groceries directly from their fridge with the latest edition of Samsung’s smart connected fridge platform and an updated version of the Groceries by…
January 3rd, 2017
Volkswagen Financial Services AG, the financial services division of German vehicle manufacturer Volkswagen Group, has bought mobile payment platform PayByPhone to “highly increase” its involvement in mobile payments around the world and to establish a…
December 21st, 2016
Customers of Malaysia’s CIMB Bank can make host card emulation (HCE) mobile payments using CIMB Pay — a new service that supports Mastercard and Visa credit and debit cards. “It is also a comprehensive lifestyle app where you can search, discover and receive the latest, nearest and attractive deals that CIMB cards have to offer,” the bank says.
December 20th, 2016
Indian shoppers on Amazon India can now store funds and complete online purchases in a new feature called Amazon Pay Balance, Live Mint reports. “Amazon Pay Balance can be credited with money using internet banking and credit or debit card, and used for multiple payments for purchases from the ecommerce portal,” it says. The feature “will also enable faster refunds” to Amazon Pay Balance rather than to the user’s bank account or credit card.
December 14th, 2016
Vodafone India has unveiled Vodafone M-Pesa Pay, a digital payment solution allowing merchants to receive payments from customers using their M-Pesa wallet, bank account, or debit or credit card. Retailers need to download the Vodafone M-Pesa app and register for Vodafone M-Pesa Pay as a merchant to use the service. The move follows the withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes across the country.
December 14th, 2016
Banco Santander in Spain is offering customers a 5% discount on items bought using Apple Pay until 15 January 2017. The offer applies to all transactions made under €500 (US$531), with the total amount discounted credited to customer accounts between 1 and 15 March. The bank’s customers have been able to register Mastercard debit or credit cards to Apple Pay since the mobile payment service launched in Spain earlier this month.
December 12th, 2016
Customers of Australian bank Westpac can now make mobile payments through Android Pay using their Mastercard debit and credit cards. The service is available for those with select Samsung, Sony, LG, HTC, Motorola, Huawei and Pixel smartphones. Android Pay launched in Australia with support from 27 financial institutions in July 2016. Westpac forms part of the group of Australian banks seeking stronger negotiation powers over the entry of third party mobile wallets in the country.
December 12th, 2016
Samsung has begun a beta trial of Samsung Pay in Malaysia with Maybank. Customers with an eligible Samsung device can register to join the beta test now, using their Visa debit, credit or prepaid card. “Successful beta testers stand to win RM100 (US$22) cashback when you spend with Samsung Pay from 12 December 2016 to 11 February 2017,” Maybank says. Samsung revealed its plans to launch Samsung Pay in Malaysia in October this year.
December 7th, 2016
Canada’s Scotiabank has replaced the NFC SIM-based mobile payments service inside its My Mobile Wallet app with a host card emulation (HCE) based solution, the bank has confirmed to NFC World. “This enhancement to our…
December 5th, 2016
The Government of India is working on a mobile app that can be used by shopkeepers and merchants for receiving Aadhaar-authenticated payments, “bypassing credit and debit cards, PIN and password”, Business Standard reports. “Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar-enabled payment,” the publication says. The Unique Identification Authority of India (UIDAI) is also planning to increase the number of biometric authentications made through Aadhaar to 40 crore (400m) a day from 10 crore (100m) to “encourage more use of the platform”.
December 1st, 2016
Android Pay is launching in New Zealand initially only for customers of BNZ bank who own a Visa Flexi debit card. “New Zealanders have a longstanding affinity with electronic payments, as shown most recently by…
November 30th, 2016
USAA Bank has updated its digital wallet offering to enable users to add their auto insurance card and medical insurance card to the app. “Members can access their proof of insurance, including a printable PDF for insured vehicles,” USAA says. “Members can also access their Medicare insurance information through their digital wallet.” The service also offers support for Apple Pay, Android Pay and Samsung Pay for USAA Visa and American Express debit and credit cardholders. It added biometric authentication in January 2015.
November 29th, 2016
British accessories brand Tovi Sorga is working with Barclaycard to include contactless payment chips to their wallet cuff range, allowing wearers to make purchases across the UK. “Linked to any Visa or MasterCard debit or credit card registered to a UK address and managed by the bPay mobile app, users have full control and visibility of their spending,” Tami Hargreaves from Barclaycard says.
November 25th, 2016
Indian mobile payment provider Paytm has suspended a new feature in its mobile app two days after its launch, citing the need to “add additional certifications and features” before making it available again. App POS was launched to allow Paytm merchants to accept all debit and credit cards using their mobile phone. “We will re-launch this product as soon as we have updated the product,” Paytm writes in a blog post. App POS was unveiled in the wake of withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes.
November 24th, 2016
Some 25,000 retail locations in Singapore are expected to accept a new mobile payment service within the next 12 months. Liquid Pay enables consumers to make payments by scanning a QR code at the point…
November 23rd, 2016
There are now 388.8m Visa EMV cards circulating in the US, 180.6m of which are credit cards and 208.3m debit cards, the payment network has revealed. “More than 1.7m merchants are now accepting chip cards, a 191% increase in the last year,” the company says. “There were more than three quarters of a billion Visa chip transactions in October, a 453% increase over last year. Chip-ready merchants now represent 41% of Visa’s in-store payment volume.” The US became Visa’s largest chip card market in the world last month.
November 21st, 2016
UK bank Barclays has begun piloting a contactless mobile cash service that will enable customers to withdraw cash with a tap of their NFC mobile phones or contactless debit card. The service is scheduled to…
November 15th, 2016
Samsung Pay is to launch a rewards programme in the US this week that will let users earn points for each purchase, which can be redeemed for items such as gift cards at participating stores,…
November 11th, 2016
Customers of Serbia’s Banca Intesa — a subsidiary of Italian banking group Intesa Sanpaolo — have become the first in the Balkan country to be able to make host card emulation (HCE) based mobile payments,…