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    Europe

    News about Europe.

    Wearable payments platform to be tested on three continents

    March 9th, 2017

    A digital cash service allowing consumers — including those without bank accounts — to load money onto a range of wearable items and make contactless payments in retail outlets will roll out across “eight or… More

    Vodafone Germany offers mobile wallet support for PayPal and Visa

    March 8th, 2017

    Vodafone Germany customers can now make NFC mobile payments using PayPal or a Visa credit card installed in the mobile network operator’s Vodafone Wallet. The service went live in Germany in 2014 and customers began testing NFC mobile payments using their Girocard — Germany’s most common debit card — in December. Vodafone Wallet can also be used by Mercedes-Benz E-Class drivers to lock and unlock their car doors.

    Gartner predicts 20.4bn connected ‘things’ by 2020

    February 9th, 2017

    Some 8.4bn connected “things” will be in use worldwide in 2017, up 31% from 2016, with 20.4bn in use by 2020, Gartner predicts. “Total spending on endpoints and services will reach almost US$2tn in 2017,” the company says. Greater China, North America and Western Europe will represent 67% of the overall Internet of Things installed base in 2017.

    Mobile wallet spending to rise 32% in 2017

    February 2nd, 2017

    The amount of money spent around the world using a mobile wallet will rise by nearly 32% this year to US$1.35tn, Juniper Research predicts. In Europe, the implementation of PSD2 (Payment Services Directive 2) should “spur further competition within the European wallet space, with existing players poised to introduce additional services to complement their payment offerings,” the research firm adds.

    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

    Square preparing for European launch

    July 20th, 2016

    Mobile POS provider Square has incorporated a business called Squareup Europe in the UK, suggesting that the company could be setting itself up for its first European launch. “Squareup Europe has permission to provide payment services such as transactions with or without credit lines in Britain,” Reuters reports. “Square began beta testing of its payments system in London last month to prepare for an initial launch in Britain.”

    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

    Europeans keen to use biometric authentication for payments, says Visa

    July 14th, 2016

    More than two thirds (68%) of European consumers want to use biometrics as a method of payment authentication, research from Visa reveals, and 73% see two-factor authentication as a secure way to confirm an account holder’s identity. More

    Printec to offer Proxama mobile payments solutions in Central and South-Eastern Europe

    July 7th, 2016

    PARTNER NEWS: Digital payment solutions provider Proxama is to supply transaction automation solutions provider Printec Group with its NFC mobile payment, PIN management, tokenization and EMV enablement solutions across Central and South-Eastern Europe. More

    Worldline to support Alipay in Germany

    July 4th, 2016

    Payment processor Worldline is adding support for Alipay mobile payments in Germany. “The partnership allows Chinese tourists on trips to Germany to pay conveniently with their Alipay app at authorised retailers,” Worldline says. “The current pilot phases will be completed in July of this year and after that it will go live. The next step will extend the service to other countries.” Alipay partnered with payment provider Concardis to launch the service in Germany last month, marking its European debut after the company unveiled its expansion plans at Money20/20 Europe in April 2016.

    Nordic banks sign up to HCE mobile payments with Nets

    June 30th, 2016

    Customers of banks belonging to Danish banking collective The Bokis Partnership will soon be able to make host card emulation (HCE) based mobile payments via a service that uses an HCE and tokenization platform from digital payment services provider Nets and Carta Worldwide. More

    Vodafone Italia adds NFC mobile payments with PayPal

    June 27th, 2016

    Customers of Vodafone Italia can now make NFC mobile payments through PayPal using the mobile network operator’s Vodafone Wallet. The service will allow for in-store payments at any Visa contactless terminal across the country. More

    Alipay negotiating for stake in Wirecard

    June 27th, 2016

    Alipay is in negotiations to take a 25% stake in German payments technology provider Wirecard, according to German newspaper Bild. “At the talks, it comes to a share of up to 25%,” the publication reports. “Later, it could well be more.” Wirecard began rolling out support for Alipay mobile payments across Europe in December 2015 and worked with Alipay to add support for the service across Munich Airport earlier this month.

    Euro 2016 fans to get NFC wristbands for transport in Lille

    June 9th, 2016

    PARTNER NEWS: Football fans at Euro 2016 will be able to pay for their journeys on the Transpole transport network in the French city of Lille with a tap of their wrist using an NFC… More

    Ant Financial takes Alipay to Germany with Concardis

    June 3rd, 2016

    Chinese tourists will soon be able to make payments at 210,000 store locations in Germany serviced by payment provider Concardis using Ant Financial’s Alipay mobile payment platform. The move marks the service’s launch into Europe after the company unveiled its expansion plans at Money20/20 Europe in April 2016. More

    European Commission approves Visa’s acquisition of Visa Europe

    June 3rd, 2016

    The European Commission has approved the proposed acquisition of Visa Europe by Visa. “Visa has now received all regulatory approvals required for the acquisition,” Visa says. “The transaction has already been cleared by both the Jersey and the Turkish competition authorities. The transaction is expected to close in Visa Inc’s fiscal third quarter of 2016. Visa will announce the closing once it has occurred.”

    Samsung Pay makes European debut in Spain

    June 3rd, 2016

    Samsung Pay has begun rolling out across Spain, making it the first European market where the mobile payment service is available. The service has launched with support from CaixaBank and ImaginBank and will also be available for customers of Abanca and Banco Sabadell “soon”. More

    Mobile ticketing market to see major growth

    June 2nd, 2016

    The global mobile ticketing market is expected to grow at a compound annual growth rate (CAGR) of around 16% between 2016 and 2020, according to Technavio. “In 2015, EMEA dominated the global mobile ticketing market by accounting for around 42% of the overall market share,” the firm says. “The QR and barcodes segment accounted for around 50% of the market in 2015 to become the dominant shareholder.”

    Visa Europe records contactless growth across the continent

    May 30th, 2016

    Some 3bn contactless transactions were made across Europe on Visa cards and payment-enabled devices in the year to 30 April 2016, growing from 143m transactions a month in April 2015 to 360m in April 2016. The… More

    Apple Pay to expand rapidly in Asia and Europe

    May 27th, 2016

    Apple is “working rapidly” to expand Apple Pay across more countries in Asia and Europe, Jennifer Bailey, VP of the mobile payment service, has told TechCrunch. “Our goal is to have Apple Pay in every significant market Apple is in,” Bailey said. “We have announced Hong Kong, [and] across the [Asia Pacific] region, we’re talking to many partners and banks and evaluating how quickly we can bring Apple Pay to new markets.”

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