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    Mobile payments

    News about Mobile payments.

    Esso customers get mobile payments and rewards at 1,000 Canadian gas stations

    March 23rd, 2017

    Motorists across Canada can now pay for fuel and car washes as well as accumulate loyalty rewards using a mobile payment service that is being rolled out by fuel retailer Imperial Oil to 1,000 Esso-branded gas stations nationwide. More

    White paper explores how dedicated Android NFC devices can be used to improve the delivery of financial services in emerging markets

    March 23rd, 2017

    Secure, affordable and dedicated Android NFC devices issued to local agents, farmers and financial institutions in emerging markets are improving the delivery of a wide range of services including branchless banking, know your customer procedures and food aid distribution, according to a 19-page white paper that is now available to download from the NFC World Knowledge Centre. More

    Westpac launches payments keyboard for chat apps

    March 22nd, 2017

    Customers of Australian bank Westpac will soon be able to use an innovative replacement for the default keyboard found in social messaging apps such as Facebook Messenger and WhatsApp to make P2P money transfers to friends, family and businesses as well as send cardless cash codes to recipients for ATM withdrawals. More

    Wells Fargo moves forward with ATM mobile withdrawal plans

    March 22nd, 2017

    US bank Wells Fargo will become the first in the country to upgrade its entire network of ATMs with mobile withdrawal functionality next week, as the bank prepares to roll out the service to 13,000 machines. “Customers would get unique eight-digit codes from their Wells Fargo smartphone app and enter the code into the ATM along with their PIN number,” CBS San Francisco reports. The bank will also upgrade its ATMs with NFC technology “later this year,” the publication adds.

    US airport stores to automatically file expense reports for business travellers

    March 22nd, 2017

    Business travellers will soon be able to make in-store purchases at select retailers and restaurants inside three US airports and have their expenses automatically submitted on their behalf through the point-of-sale system so that they “don’t need to worry about creating an expense claim down the line”. More

    LG to launch mobile payments service using magnetic communication technology

    March 22nd, 2017

    LG will launch its LG Pay mobile payments service in Korea in June this year using a mobile payment technology that works by “generating a magnetic signal from a mobile device such as a smartphone, and paying it to a general credit card terminal”.  More

    Samsung Pay goes live across India with support for Paytm and UPI money transfers

    March 22nd, 2017

    Samsung Pay has launched in India with support from Visa, Mastercard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Cards and Standard Chartered Bank, with Citibank India support expected “shortly”. The service has also integrated India’s leading mobile wallet Paytm and comes with support for peer-to-peer money transfers through the Indian government’s Unified Payments Interface platform. More

    Samsung Galaxy S8 to feature Bixby virtual assistant

    March 21st, 2017

    A virtual assistant called Bixby will come preinstalled on a “subset” of applications on Samsung’s upcoming Galaxy S8 flagship smartphone, Samsung has confirmed. “This set will continue to expand over time,” the company says. “Our plan is to eventually release a tool (in SDK) to enable third-party developers to make their applications and services Bixby-enabled easily.” Reports that Bixby will be compatible with Samsung Pay emerged in January 2017. The Galaxy S8 will be unveiled on 29 March.

    More French banks get HCE payments with Paylib

    March 21st, 2017

    Customers of French banking group Groupe BPCE’s Banque Populaire and Caisse d’Epargne will be able to make host card emulation (HCE) based mobile payments from April through the banks’ mobile banking apps and Paylib, an online payment platform supported by France’s main banks. BNP Paribas also enabled HCE Paylib mobile payments last month, following a launch by Crédit Mutuel Arkéa earlier in February.

    US Bank adds Visa corporate cards for mobile payments

    March 21st, 2017

    US Bank customers can now add their Visa Corporate Travel Card to Apple Pay, Android Pay and Samsung Pay. “This new functionality allows commercial cardholders to conveniently and securely pay on the go with compatible devices, making US Bank the first financial institution to offer a mobile payment solution for Visa corporate card transactions,” the bank says. Select US Bank customers can make use of the function now, with a “wider launch to all commercial clients” coming in the spring.

    QR code security under scrutiny in China

    March 21st, 2017

    A recent spate of scams involving QR code mobile payments in China has sparked calls for the authorities to “do more to protect consumers”, according to the South China Morning Post. “By replacing legitimate merchants’ codes with malevolent copies, fraudsters can gain access to consumers’ data and even raid their bank accounts,” the report says. “The proliferation of this type of crime has been made possible by the explosion of mobile payments in China.”

    Paytm adds insurance to mobile wallet

    March 21st, 2017

    Indian mobile wallet provider Paytm has added an insurance feature to its service that covers users for fraudulent transactions of up to Rs 20,000 (US$306) due to loss of device or unauthorised access to the service. “All Paytm users with balance in their wallets would be automatically covered under this scheme at no additional cost and the lost money would be refunded to their Paytm Wallets,” the company writes in a blog post. Indian mobile wallet FreeCharge also added insurance to its service in December 2015.

    Samsung Pay set for India launch on 22 March

    March 21st, 2017

    Samsung Pay will officially launch in India on 22 March, according to Gadgets 360. “Samsung has sent out invites for an event on Wednesday, March 22, where it says it will be ready with the next revolution,” the publication says. Samsung Pay launched an early access program in India earlier this month. “Presumably, more details on commercial availability will be unveiled on Wednesday.”

    McDonald’s adds mobile ordering in the UK

    March 21st, 2017

    Customers at select McDonald’s restaurants across the UK can now order ahead using their mobile phone. “Simply select your nearest participating restaurant, choose your meal and check-in by scanning one of the QR codes at your selected restaurant when you arrive,” the fast food giant says. The service is available in 22 locations across the UK. McDonald’s is also trialling a mobile order and pay service in 29 restaurants in Northern California ahead of a wider US roll out.

    Cook: China has “higher willingness” to embrace mobile payments

    March 20th, 2017

    China is outpacing the US and Europe in the development of mobile payment technology, according to Apple CEO Tim Cook. “People in the US and Europe get used to credit cards, and merchants in the US are very slow to adopt new terminals that make mobile payment possible,” Cook said during the China Development Forum in Beijing, according to China Daily. “In China, because of the huge number of small businesses, there is a higher willingness to embrace changes.”

    Rambus hosts payments leaders in Rotterdam for Mobey Day

    March 20th, 2017

    PARTNER NEWS: Rambus is hosting Mobey Day in Rotterdam from 21-23 March, bringing together speakers from ING, Aite Group, CaixaBank, Danske Bank and Mastercard to discuss the payments and buying experience. Sessions will explore topics including PSD2, the key success factors for digital wallets, opportunities in the Internet of Things (IoT) and invisible payments.

    Chinese millennials rush to pay by mobile in stores

    March 20th, 2017

    More than eight in ten Chinese millennials (85.6%) use in-store mobile payments at least once a week compared to 44.7% of US millennials, research released by branding agency Labbrand reveals. The findings are based on a survey of 20- to 35-year-olds in both countries.

    ABN Amro shares lessons learned deploying a mobile wallet service

    March 20th, 2017

    Convenience, speed, reliability and security are the four most important pillars to building and delivering a successful mobile payment service, says Dutch bank ABN Amro’s senior product manager for mobile payments. Seven key lessons learned along the way are also shared in an in-depth paper which is now available in the NFC World Knowledge Centre. More

    Paytm ‘goes global’ with payment app in Canada

    March 17th, 2017

    Indian mobile wallet provider Paytm has launched in Canada, marking the service’s first expansion outside India. The Paytm Canada app allows consumers to make bill payments and will “soon expand” to add a “full line-up of new use cases”, Paytm says. The company is currently targeting 10m merchants to accept its QR code-based service for in-store payments in India and aims to set up its own payments bank.

    Square says ‘back end change’ brought down mPOS service

    March 17th, 2017

    Mobile POS provider Square has blamed a “change we made to one of our back-end systems” for a service outage which affected payments and other services earlier this week. Merchants logged in to Square were advised to “switch to offline mode to continue taking swipe payments”, while those not logged in had to take alternative forms of payment. The company said its merchant authentication service had been “degraded” but has since confirmed “all Square services have been fully restored”.

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