News about E-wallet.
July 29th, 2016
Russians can now make payments through online payment service Yandex.Checkout by scanning a QR code with the Yandex.Money mobile app. “Once the code is scanned, the app will show the product’s name, seller and price,” the company says. “The user chooses a payment method — either Yandex.Money e-wallet or a bank card linked to it. QR codes can be placed either on material goods, documents or digital products.” More than 76,000 online stores use Yandex.Checkout, while Yandex.Money has 4m users. Yandex.Money added NFC to its mobile app in April 2016.
May 26th, 2016
US startup Spendwallet is raising funds on Indiegogo for an electronic wallet device that can store up to 20 magnetic stripe cards and will let the owner make payments at the point of sale using the company’s self-developed Magnetic Flux Emulation (MFE) technology.
April 20th, 2016
Russian online payment service Yandex.Money has added NFC to its Android mobile app so that users can make mobile payments by tapping their smartphone on contactless terminals. “To enable NFC payments, users can simply update the Yandex.Money app on their phones,” the company says. “A virtual MasterCard will be issued to their account automatically — its balance is the balance of the user’s Yandex.Money e-wallet.”
January 27th, 2016
A 16-page study that presents findings from research into how companies approach payment data security is now available to download from the NFC World Knowledge Centre. The study also reveals why IT professionals believe the risk…
January 20th, 2015
Convenience store chain 7-Eleven has launched 7-Fans, a QR code-based mobile payment and loyalty app that rewards customers with one point for every HK$5 spent using the service at any of more than 900 stores across Hong Kong. The accumulated points can then be redeemed for in-store rewards while users can load cash into their 7-Fans e-wallet at any participating 7-Eleven store.
November 1st, 2011
NFC-enabled mobile wallet solutions will become US consumers’ dominant mobile payments option for retail purchases while digital wallet applications will be most popular for mobile ecommerce payments, according to a new report from Parks Associates.
October 31st, 2011
Durban is to introduce a contactless electronic wallet for use on its public transport network which can also be used to pay for purchases in shops. The Muvo card rollout will begin with a six week pilot on the South African city’s buses from February 2012. The system has been developed by South Africa’s National Department of Transport (NDoT), Almex and Standard Bank’s Beyond Payments unit.
March 2nd, 2011
A recent design patent for Apple has revealed an e-Wallet icon that could feature on a future version of the iPhone. Apple has also been granted design patents from the US Patent and Trademark Office…