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    Digital wallet

    News about Digital wallet.

    Apple Pay transactions up 500% year on year, CEO reports

    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… More

    White paper explores the evolution of the digital wallet

    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… More

    Android Pay heads to Japan

    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.”

    Three quarters of US retailers plan to accept Apple Pay before 2018

    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.  More

    Coinbase rolls out in Australia

    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.

    PayPal to roll out NFC mobile payments across the US through Visa deal

    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. More

    Mahindra Comviva introduces Mobiquity Wallet 2.0

    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). More

    Masterpass to enable in-store NFC mobile payments

    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. More

    Barclaycard Loop adds NFC payments to any wearable device

    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. More

    Topshop launches second range of bPay contactless accessories

    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. More

    Apple Pay adds Visa, MasterCard and five major banks in Singapore

    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… More

    Amazon expands its payments business

    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.

    MasterCard reports on tokenization in Europe

    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.

    Amex patent turns reward points into virtual currency

    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.”

    PayPal to add NFC payments to Android app

    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… More

    APCA explores security code for digital wallets in Australia

    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… More

    Mike Tyson puts weight behind Bitcoin

    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.”

    American Express unveils NFC, HCE and tokenization platform

    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. More

    Fashion retailer TopShop launches range of contactless payment accessories

    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… More

    Line Pay expands to Taiwan

    August 26th, 2015

    Japanese instant messaging giant Line has released an initial list of Taiwanese stores at which its mobile payment service Line Pay can be used. “The Line Pay digital wallet can pay for purchases starting Wednesday in nearly 30 local stores, mostly online merchants such as ET Mall, beauty brand 86 Shop, online bookstore Kingstone and digital music service KKBOX,” Focus Taiwan reports.

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