News about in-app payments.
March 7th, 2017
Apple Pay has been launched across Ireland with support from Mastercard, Visa, KBC and Ulster Bank, allowing customers to make in-store, online and in-app payments using their compatible devices. The mobile payment service will also…
February 9th, 2017
The total volume of mobile payment transactions in the US will reach US$282.9bn by 2021, Forrester estimates. “Mobile in-person payment will grow the fastest, increasing to 6.8 times its size between 2015 and 2021,” the research firm says. Mobile remote payments, including in-app, will grow 2.7 times its current size by 2021, while mobile P2P payments “will continue to have the smallest market share despite quadrupling during the next five years”.
December 13th, 2016
American Express has unveiled an Add a Card feature to its Amex bot for Messenger, allowing eligible US Consumer and Open card members to add their card and billing information for purchases on Facebook. “After adding a card to their Facebook accounts, card members can easily make in-game purchases, purchases on the shop sections of business’ Facebook pages and participate in Messenger commerce experiences,” American Express says. The company unveiled its Amex bot for Messenger in June 2016.
October 25th, 2016
Online payments firm PayPal is to extend its relationship with Facebook and Messenger, becoming a payment option within the messaging app. PayPal customers will be able to link their accounts to Facebook and Messenger at the checkout, while those in the US will also be able to get notifications in Messenger. Bill Ready from PayPal said the deal would “help make mobile commerce smarter, simpler and more secure for consumers as well as merchants”.
October 12th, 2016
Some 54% of European consumers are using a mobile device to make payments for a range of activities in-store, in-app and online, compared to 18% at this time last year, Visa’s 2016 Digital Payments Study…
October 7th, 2016
Customers at US department store chain Kohl’s can now make purchases by scanning a QR code at the point of sale using Kohl’s Pay, a mobile payment feature that has been integrated into the retailer’s…
September 15th, 2016
US retail giant Best Buy has signed a multiyear agreement to accept Chase Pay QR code-based mobile payments in-store, in-app and online. Best Buy is a member of US retailer-led consortium MCX, which ended its CurrentC mobile wallet pilot in June 2016. Chase Pay was unveiled in October 2015 and will be accepted by all MCX members. It is currently live with select online merchants and becomes available later this year for in-store and in-app purchases at participating locations.
September 9th, 2016
The PayPal-owned Venmo mobile payments app may soon allow users to make in-store purchases using NFC. PayPal is also adding NFC mobile payments to its PayPal Wallet through an agreement reached with Visa in July 2016 and the Mastercard deal announced this week. “Venmo and its parent company, PayPal, are adding in-store payments to their mobile apps in the first half of 2017,” Quartz reports. “Jim Magats, PayPal’s head of global core payments, tells Quartz that PayPal is in discussions with Apple to see how they can work together in the future.”
July 27th, 2016
Users of the PayPal-owned Venmo mobile payments app will soon be able to make purchases in third party mobile apps using the service. “The feature has expanded to more than ten vibrant merchants that we know our core users will love — Munchery, Gametime, Priv, Poshmark, Hop Market, Wish, Parking Panda, Dolly, Urgentli, Boxed and, most recently, delivery.com will now accept Venmo payments,” PayPal says.
July 20th, 2016
Apple Pay has launched in Hong Kong with support from Mastercard, Visa and American Express. Participating banks include Bank of China (Hong Kong), DBS, Hang Seng Bank, HSBC and Standard Chartered, with support from The Bank of East Asia (BEA) and Tap&Go “coming soon”.
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 7th, 2016
Apple Pay has begun rolling out across Switzerland, allowing consumers to make in-store and in-app payments using their compatible devices. The mobile payment service launches with support from MasterCard and Visa as well as card issuers Bonus Card, Cornercard and Swiss Bankers.
June 10th, 2016
Motorists will soon be able to pay for purchases from oil and gas company Shell using Chase Pay, the QR code-based mobile payment service unveiled by JPMorgan Chase in October 2015. Shell will accept Chase Pay in all of its stations across the US.
June 3rd, 2016
PARTNER NEWS: Finnish commuters travelling on the Helsinki transport network can now use their mobile phone to pay for public transport beyond the central tram and metro systems and have the cost of the ticket charged to their…
June 1st, 2016
Customers of Canada’s TD Bank, Scotiabank and BMO Bank of Montreal can now make in-store and in-app payments using Apple Pay. TD Bank and Scotiabank announced that they would be supporting Apple Pay last month, but “the three major banks’ launch is coming sooner than anticipated,” says the Financial Post. Apple Pay launched in Canada with the support of American Express alone in November 2015.
May 25th, 2016
Apple Pay will experience greater success than Android Pay and will “grow exceptionally based on a belief that Apple Pay using a Secure Enclave/secure element inside of iOS has an advantage over Android Pay’s host card emulation (HCE) in that it’s more secure, with a similar user experience,” according to Piper Jaffray analyst Gene Munster. “We believe that Apple Pay will offer the most seamless payment experience on iOS regardless of whether its in-app, in-browser or in-store,” Barron’s reports Munster as saying.
May 19th, 2016
Google has enhanced its APIs to make it “easier than ever” for developers to integrate Android Pay for in-app and web payments with “just a few lines of code”. The company has launched Android Instant Apps, which gives users the ability to pay using Android Pay in-app “with a single tap”, and is opening its Android Pay API to all developers selling physical goods and services in markets where the mobile payment service is available. Google has also launched PaymentRequest, a new web API that will be standardized across Chrome browsers through the World Wide Web Consortium (W3C) to enable Android Pay on mobile websites.
March 3rd, 2016
Shoppers in Switzerland can now make in-store mobile payments using Paymit, the P2P transfer service established by the country’s financial infrastructure operator SIX and telecommunications provider Swisscom. The in-store functionality is being piloted with select merchants…
February 26th, 2016
Chinese internet giant Tencent has made its WeChat Pay platform available to overseas vendors so they can serve Chinese consumers when they travel abroad. “WeChat Pay is an in-app payment feature to allow all WeChat users to pay transactions quickly on their mobile phones,” Tencent says. “WeChat can handle all the ways your users want to pay, whether it is via Quick Pay, QR code, in-app, web-based or native in-app payments.”
February 24th, 2016
Customers of Hungarian mobile network operator Telenor can now make online and in-app payments using Telenor Wallet and MasterPass. “The introduction of the new feature is unique as Telenor Wallet is the first MNO integrating MasterPass functionality into their wallet,” MasterCard says. “Register a bank card and other data necessary for the transaction once in the Telenor Wallet app and choose the ‘Buy with MasterPass’ option at the end of the shopping experience.”