News about Debit.
February 23rd, 2016
Customers of four Canadian credit unions will be able to make host card emulation (HCE) based mobile payments at Interac Flash contactless terminals across the country from this spring. The service will be the first…
February 22nd, 2016
Canadian debit network Interac has unveiled its own token generation and management service that will enable financial institutions, merchants and its partners to build and manage secure digital payment experiences with support for tokenized digital…
June 23rd, 2015
Spanish supermarket chain Bonpreu is to roll out a mobile payments service to 170 stores, using a platform developed by Dinube that combines proprietary tokenization algorithms, NFC and biometric fingerprint security. Dinube charges merchants a…
June 16th, 2015
MasterCard is to extend its tokenization services to merchants with in-app, ecommerce and recurring billing card-on-file programs as well as to private label credit cards. The move follows the expansion of Apple Pay to include store-branded debit, credit and loyalty cards. The tokenization services will be available to US and Canadian merchants later this year and will expand across all MasterCard Digital Enablement Service (MDES) markets.
June 8th, 2015
Visa Europe has confirmed that it will play a part in the the UK launch of Apple Pay and will give debit, credit and reloadable prepaid cardholders access to the payment system. “Visa Europe would like to confirm that it is part of the Apple Pay launch in the UK coming at the beginning of July,” the payment network says. “Further details and information will be shared shortly.” MasterCard revealed last week that it was ready to switch on Apple Pay in Europe.
March 16th, 2015
Finland’s largest financial services group is to add support for HCE payments to the mobile wallet app it introduced two years ago. OP’s Pivo wallet has been downloaded more than 500,000 times and allows customers…
February 9th, 2015
The spending limit for contactless transactions is to be increased from £20 (US$30) to £30 (US$46) in September 2015, The UK Cards Association has told NFC World. The move follows the news last week that contactless card usage surged in the UK in 2014 to 319.2m transactions with total spend more than trebling to a record £2.32bn.
February 2nd, 2015
Start-up Qvivr has begun taking pre-orders for Swyp, a US$49 dynamic magnetic stripe card that uses Bluetooth LE, incorporates buttons and a display and works in conjunction with a smartphone app to emulate up to 25 credit, debit, gift or loyalty cards. Swyp also uses “sophisticated algorithms”, the team says, to learn “from your behaviours, patterns and surroundings to predict your next purchase decision.”
January 27th, 2015
The HCE wristband unveiled by technology provider Wirecard earlier this month is to be offered on a white label basis, Joern Leogrande, the company’s EVP of mobile services, has told NFC World+. “Our payment wearable…
December 19th, 2014
Royal Bank of Canada (RBC) has added support for host card emulation (HCE) to its RBC mobile app, “allowing Canadians to pay with most Android mobile phones without worrying about being on the right mobile…
November 14th, 2014
American Express has partnered with New York basketball team Brooklyn Nets to pilot Brooklyn eWallet, a digital payment solution integrated into the team’s mobile app that lets fans buy food and drink with their mobile phone at any event held at the Barclays Center arena. Fans can link up to 10 credit, charge, debit or prepaid cards to their wallet to fund purchases by taking a picture of their card. They can then make payments at participating concession stands by scanning a QR code generated by the merchant.
April 29th, 2014
Orange Poland has launched NFC Pass, a new service that builds on its existing Orange Cash platform to enable customers to make debit card payments using their NFC phone. NFC Pass is currently available to…
March 6th, 2014
MeaWallet, a white label solution that supports mobile payments via NFC, Bluetooth LE, host card emulation (HCE), QR and more, is to be launched in May this year, enabling retailers, banks, MNOs and service providers…