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    Mobile payments

    News about Mobile payments.

    Mercedes Pay mobile payments unveiled for Daimler mobility services

    January 18th, 2017

    Customers of Daimler’s mobility services will soon be able to use a dedicated Mercedes Pay mobile payments platform, allowing them to “easily and securely pay for mobility offerings and services using their smartphones”, the German… More

    Boon launches in France for Apple Pay users

    January 17th, 2017

    France has become the first eurozone country in which consumers with iOS devices can use Wirecard’s Boon service to make purchases with Apple Pay, by adding a virtual Boon card to the mobile payment service. Boon launched in Germany, the Netherlands, Austria and Belgium in December 2015. It expanded to Spain and Ireland in the same month, and launched in the UK with Apple Pay support in March 2016. Apple Pay launched in France in July 2016.

    Mobile marketplace offers African farmers promise of richer, cashless harvest

    January 17th, 2017

    Thousands of small-scale farmers across East Africa will soon be using their feature phones to buy, sell and receive payments for their goods through a mobile app and SMS service developed by Mastercard. The payments… More

    US bank backs top five mobile payment services

    January 17th, 2017

    US bank Fifth Third has announced it will support the five major mobile payment services — Android Pay, Apple Pay, Masterpass, Microsoft Wallet and Samsung Pay. “Consumers are rapidly adopting mobile payments and we are providing our customers with every option available,” says Jimm Bell from Fifth Third. The bank has witnessed a 133% increase in mobile payments among its customers since it added Apple Pay support in 2015.

    Mobile payments market worth $3,338bn by 2022

    January 17th, 2017

    The global mobile payments market will reach US$3,388bn by 2022, growing at a compound annual growth rate (CAGR) of 33.4%, Allied Market Research predicts. “NFC has high growth potential and is anticipated to exhibit CAGR of around 36% during the forecast period,” the firm says. “By mode of transaction, in 2015, SMS accounted for about 54% of the overall payments market share, followed by wireless application protocol (WAP). Asia-Pacific is expected to witness the highest growth rate.”

    Apple Pay offers Chinese New Year discounts

    January 17th, 2017

    Apple Pay users in Singapore are being offered a string of discounts when using the mobile payment service to celebrate the Chinese New Year. Deals include discounts of up to 20% at retailers including Cotton:On, Factorie, Rubi, Typo and Topshop, and S$30 (US$21.12) cashback on a first Apple Pay transaction made through Standard Chartered.

    One in 10 UK consumers have used mobile payments, survey reveals

    January 16th, 2017

    More than one in 10 (11%) of UK consumers have made an in-store mobile payment and do so occasionally, with 2% doing so “wherever possible”, research from price comparison service uSwitch reveals. 6% of Britons… More

    Australian bank offers instant digital card replacement

    January 13th, 2017

    Customers of Australian bank ANZ who report their card as lost or stolen will be issued with a replacement card instantly through Apple Pay or Android Pay. “Now our customers can keep using their digital wallet to make purchases while they wait for the new physical card to arrive in the mail,” says ANZ’s Katherine Bray. ANZ began support for Apple Pay in April 2016 and for Android Pay three months later.

    US consumers to use loyalty points as currency for in-store payments

    January 13th, 2017

    US consumers will soon be able to purchase goods using loyalty points from multiple programs through Verifone Points Redemption, a new service designed for merchants which connects to third party loyalty programs and alerts shoppers… More

    Secure element security added to web applications

    January 12th, 2017

    GlobalPlatform has released Web API for Accessing Secure Elements v1.0, a standardised communications interface between web applications and secure elements (SEs) that will enable sensitive data from online applications to be stored and processed in… More

    Gemalto secures mobile payments and loyalty pilot

    January 12th, 2017

    PARTNER NEWS: Retail giant Carrefour is piloting a mobile payments and loyalty service in France, secured with Gemalto’s Mobile Protector platform, that allows customers to validate payments with a PIN code or their fingerprint, receive and redeem coupons and access loyalty programs. The Wa! mobile wallet was originally developed by French bank BNP Paribas and merged with Carrefour’s Fivory electronic wallet in October 2016 to create a “unified, universal mobile payment solution”.

    Samsung Pay to get AI assistant?

    January 12th, 2017

    Samsung is to add a virtual assistant called Bixby to Samsung Pay, a Samsung Pay Beta page seen by Galaxy Club reveals. “It’s unclear how exactly it’ll work, but we’re hoping you’ll be able to say something along the lines of, ‘Bixby, send $30 to Carlos’,” Sammobile reports. The beta page also hints at the upcoming launch of the Samsung Pay Mini online payments app that was unveiled in May 2016.

    PayPal extends NFC payments with Discover

    January 12th, 2017

    US consumers will be able to make NFC mobile payments using PayPal at the point of sale wherever Discover is accepted, and use their Discover Cashback Bonus to pay at online and mobile merchants that accept PayPal. “The agreement provides PayPal with access to Discover’s tokenization services,” PayPal says. PayPal extended its support for NFC mobile payments through a deal with Visa in July 2016 and partnership with Mastercard in September.

    European Central Bank calls for Europe-wide P2P mobile payments by end of 2017

    January 11th, 2017

    Consumers will be able to make peer-to-peer (P2P) mobile payments across Europe using only the payee’s mobile phone number which will act as proxy for their international bank account number (IBAN) by the end of… More

    Guide explains key concepts of tokenization

    January 11th, 2017

    A 12-page guide that presents an overview of tokenization, how it secures mobile payments and where it fits into the payment processing chain is now available to download from the NFC World Knowledge Centre. ‘Quick Guide: Tokenization’ has been produced by Rambus Bell ID for those new to tokenization or who need to understand the key concepts involved.

    PCI expands protections for mobile payments

    January 11th, 2017

    The PCI Security Standards Council has updated its card production and provisioning standard to expand protections for mobile payments. PCI Card Production and Provisioning Security Requirements Version 2.0 “extends and adds to existing physical and logical security requirements for vendors that perform cloud-based host card emulation or secure element provisioning services; manage over-the-air personalisation, life cycle management and preparation of personalisation data; or manage associated cryptographic keys,” PCI says.

    Visa promotes contactless payments with gold prize draw

    January 11th, 2017

    Visa cardholders are being automatically entered into a lucky draw for the chance to win one million Thai Baht (US$28,100) worth of gold whenever they use their contactless card or Samsung Pay at more than 20 retail chains across Thailand. The promotion will run until the end of March 2017, with the winner announced on 12 May. Samsung Pay launched in Thailand earlier this month.

    Global mobile payment market to hit US$780bn in 2017

    January 10th, 2017

    The global mobile payment market will reach US$780bn by the end of 2017, amounting to an annual increase of 25.8%, research firm TrendForce predicts. More than 60% of smartphones shipped worldwide this year will feature NFC, while over 50% of smartphones shipped worldwide will feature fingerprint recognition, the company adds.

    Germany to get nationwide mobile ticketing system

    January 10th, 2017

    The German transport minister has unveiled plans to launch a single ticketing system across “almost all” cities in Germany that will enable commuters to pay with a chip card or mobile phone by 2019. “The goal is that customers of 370 transport companies benefit from the initiative. That would be 75% of the population,” Funke Mediengruppe reports.

    Samsung Pay available in Thailand

    January 10th, 2017

    Samsung Pay is now available in Thailand through an early access programme, the company has confirmed to NFC World. Supporting banks include KTC, Citi, SCB, KBank, Krungsri Consumer and Bangkok Bank. Samsung Pay confirmed it would be launching the mobile payment service in Thailand in October 2016.

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