Juniper predicts gains in market share for OEM Pays

Apple Pay accounts for 1 in 2 OEM Pay users globally, reaching 200 million by 2020 — Juniper Research — “The global number of mobile contactless users will exceed 760 million by 2020, up from an estimated 440 million in 2018… The combined market share of Apple, Samsung and Google will reach 60% of global mobile contactless users by 2023, up from an estimated 50% in 2018. Other OEM Pay users, including the likes of Huawei Pay, Xiaomi Pay, Fitbit Pay and Garmin Pay, will exceed 20 million by 2020.”


Garmin adds NFC payments to Fenix smartwatches

Garmin debuts the Fenix 5 Plus, adds maps, music, Garmin Pay and wrist-based Pulse Ox to its popular multisport GPS watch series — Garmin — “Garmin International Inc, a unit of Garmin Ltd, today announced the Fenix 5 Plus series, its next generation of GPS multisport watches with built-in routable topographical maps, storage for music playlists, Garmin Pay contactless payment solution and wrist-based Pulse Oximeter 1 for altitude acclimation awareness.”



ANZ reports 156% increase in mobile payment volumes

ANZ sees dramatic uptake in digital wallet payments — iTnews — “ANZ Bank customers made almost A$600 million in mobile payments during the first half of fiscal year 2018… Customers completed more than 18.5m mobile payment transactions in the half, an increase of 156% on the previous corresponding period. ANZ said the transactions were made from mobile wallet services from Apple, Samsung, Google, Fitbit and Garmin, as well as the bank’s own Mobile Pay service.”


Garmin unveils smartwatch for runners with built-in music and payments

Garmin introduces the Forerunner 645 Music – a GPS running watch with integrated music and Garmin Pay contactless payments — Garmin — “[Garmin] today announced the Forerunner 645 Music, a GPS running watch with integrated music that gives athletes the freedom to enjoy their favourite tunes on a run or during a workout without having to take a phone along. Additionally, when in need of a bottle of water or a quick bite to eat, Garmin Pay contactless payment solution lets users pay for purchases with their watch and keep on moving.”


Garmin Pay adds support for Visa credit, debit and prepaid cards

Garmin and NXT-ID subsidiary FitPay expand Garmin Pay to Visa accountholders — Garmin and NXT-ID — “Garmin Pay is now available to Visa accountholders from numerous participating issuing banks including Bank of America, Capital One, and US Bank in the United States, and BonusCard, Cornér Bank, ANZ and NAB (National Australia Bank) internationally… Garmin Pay was initially launched in November 2017 for Mastercard accountholders.”


Garmin Pay goes live in US, Switzerland, Russia and Australia

Garmin and NXT-ID subsidiary FitPay announce Garmin Pay now live on Garmin Vivoactive 3 smartwatch — NXT-ID and Garmin International — “The new contactless payment capability is powered by the FitPay payment platform and available initially for Mastercard cardholders from numerous issuing banks and credit unions including BECU, Capital One, First Tech Federal Credit Union, and US Bank in the United States, and internationally through Commonwealth Bank of Australia, Cornèrcard, Sberbank of Russia, and Swiss Bankers Prepaid Services Ltd.”


CBA to support Garmin Pay wearable payments in Australia

Commonwealth Bank announces new ways to pay with Android Pay and Garmin Pay — Commonwealth Bank of Australia — “In June this year we saw weekly transactions across the CommBank app hit A$6.1bn (US$4.89bn) so we know customers love using their phones to make payments and do their banking. Since 2013 our customers have been able to use their smartphones to make payments. By offering customers the ability to pay with Android Pay and with their Garmin smartwatches we are combining choice and convenience.”



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