News about Digital wallet.
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.
October 26th, 2016
Apple Pay transactions have risen nearly 500% year on year, with more purchases made in September 2016 than during the whole fiscal year in 2015, Apple CEO Tim Cook has revealed during the company’s latest…
October 6th, 2016
A 24-page white paper that explores the evolution of the digital wallet and the mobile payment landscape while mapping out the best way forward for wallet providers including banks, card networks and mobile network operators…
September 1st, 2016
Google is collaborating with financial services giant Mitsubishi UFJ Financial Group to launch its Android Pay mobile payment service in Japan this autumn. “Android Pay initially will incorporate debit cards issued by Bank of Tokyo-Mitsubishi UFJ,” Nikkei reports. “The digital wallet also will use credit cards issued by Mitsubishi UFJ Nicos by year’s end at the soonest. Google is negotiating with East Japan Railway Company, NTT Docomo, Rakuten, JCB and other Japanese digital money providers to make their reader systems compatible with Android Pay.”
August 16th, 2016
More than three quarters of US retailers (76%) plan to accept Apple Pay by the end of 2017, research released by the National Retail Federation and Forrester reveals.
July 28th, 2016
Bitcoin wallet Coinbase has expanded into Australia. “Customers in Australia can now buy Bitcoin and Ether using their credit and debit cards,” the company says. “Please note that at this time, users in Australia can only buy digital currency. We hope to add the ability to sell digital currency as well soon.” Coinbase added PayPal and credit card support in June 2016.
July 25th, 2016
US consumers will soon be able to make NFC mobile payments using their PayPal mobile wallet at all physical locations across the country that currently accept Visa contactless transactions.
July 19th, 2016
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has released an updated version of Mobiquity Wallet, a digital wallet platform that launched in March 2014 with support for QR codes, Bluetooth, NFC and host card emulation (HCE).
July 18th, 2016
Mastercard has unveiled an enhanced version of its Masterpass digital payment platform, adding in-store NFC mobile payment capability to the service that has so far only been available for online and in-app payments.
July 7th, 2016
Barclaycard has unveiled Loop, the fourth product in its bPay contactless payment device range, which comes in the form of a contactless chip and lets consumers add NFC payment capability to the wearable devices they already own.
June 10th, 2016
UK fashion retailer Topshop has launched the second collection of Topshop x bPay, a range of accessories that incorporate Barclaycard’s bPay contactless payment technology and enable shoppers to make tap and go payments at contactless terminals.
May 25th, 2016
Consumers in Singapore can now add their MasterCard and Visa cards to Apple Pay, after the mobile payment service launched there in April 2016 with support from American Express alone. Five of the country’s major…
April 5th, 2016
Amazon has launched the Amazon Payments Partner Program, a new service designed to enable ecommerce platform providers and developers to offer merchants Amazon Payments, which allows customers to log in and pay using their account with the online retail giant. “The program is free to participate in and available by invitation in the US, Germany, UK and Japan,” Amazon says.
April 5th, 2016
MasterCard is working on more than 60 projects involving its MDES tokenization platform in Europe, the payments network has revealed. “Today card issuers and wallet service providers have MDES projects in progress in 18 countries across Europe,” MasterCard says, and the service is currently being used to connect banks “representing more than 70% of UK account holders” to Apple Pay.
March 7th, 2016
American Express is exploring a system that would let its customers use reward points for purchases in third-party digital wallets, according to a newly published patent application. “This system, method and computer program may allow certain transaction account holders to directly pay with their loyalty points in any third-party digital wallet,” the patent says. “Utilizing the system, transaction account holders may earn one or more points for virtually every dollar charged on eligible, enrolled transaction accounts and then redeem their points for a wide array of rewards, including merchandise or travel.”
February 22nd, 2016
An upcoming version of PayPal’s Android app is to bring with it NFC payments capability, the online payment giant has announced at Mobile World Congress. 18 million consumers have also opted in to use the…
February 5th, 2016
Members of the Australian Payments Clearing Association (APCA) are currently exploring the possibility of implementing a voluntary code of practice to regulate digital wallets in the country. The association’s 100 members were due to respond…
January 5th, 2016
Boxing hero Mike Tyson has teamed up with Bitcoin Direct and BitPay to launch the Mike Tyson Digital Wallet. The mobile app allows the buying and selling of bitcoin and can also work with bitcoin ATMs. “The Mike Tyson Digital Wallet is one of the first bitcoin wallets that allows users to purchase and/or sell bitcoin from the app,” Bitcoin Direct says. “Bitcoin Direct does not charge users any fees for using the wallet.”
November 18th, 2015
American Express has launched Amex Enabled Digital Solution, a platform incorporating support for multiple digital wallets, contactless payments based on NFC and host card emulation (HCE), tokenization and express checkout services. The platform is designed to help both banks and merchants, Amex’s Mike Matan told NFC World.
November 11th, 2015
UK fashion retailer TopShop has launched a range of accessories equipped with Barclaycard’s bPay technology that enable shoppers to make tap and go payments at any contactless terminal. The TopShop x bPay range will come…