News about Europe.
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 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.”
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 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.
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.
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.
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.
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.
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.
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…
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.
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.”
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”.
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.”
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…
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.”
May 18th, 2016
Visa Europe has launched its Visa Europe Digital Enablement Programme (VEDEP) in the UK in an effort to simplify the implementation process for banks looking to support third-party mobile wallets. Google is using the platform to launch…
May 11th, 2016
Some 3bn contactless transactions have been made across Europe using Visa cards in the past 12 months, nearly tripling the number made in the previous 12-month period, Visa Europe has revealed.
May 10th, 2016
PARTNER NEWS: Visitors to the 2016 Eurovision Song Contest (ESC) in Stockholm, Sweden, this month will be able to purchase contactless payment wristbands that will enable payments at any Visa contactless terminal in the world. The wristbands, which will be active until the end of October, will be rolled out by Visa and digital security giant Gemalto.
May 9th, 2016
Italian payments solutions provider Payment Technologies (Paytec) is to build a new mobile payment technology into its vending machines that will let consumers make contactless payments using colour-coded light signals and tokenisation.