US consumers who make their first purchase using Samsung Pay on a Galaxy S7 or S7 Edge device this month are being offered a gift card worth US$30 from one of five selected Samsung Pay merchants — Best Buy, eBay, Whole Foods, Nike or Regal Cinema. More
Verizon has confirmed that its Samsung Galaxy S7 and Galaxy S7 Edge devices will come equipped with Samsung Pay, despite reports earlier this week that the mobile network operator had disabled support for the mobile payments service... More
Square has received more than 350,000 pre-orders for its contactless chip reader, CEO Jack Dorsey revealed during the company’s fourth quarter earnings call... More
More than 90% of British, German and Spanish business leaders interviewed for a survey of attitudes to contactless technology have already invested in contactless projects and expect that 10% of all transactions will be contactless within the next three years, a white paper now available to download from the NFC World+ Knowledge Centre reveals. More
Consumers across Ukraine can now make host card emulation (HCE) based mobile payments using The Pay, a new service launched by Fido Bank in partnership with mobile wallet platform provider PriNum... More
More than 100m people around the world will use an NFC handset to make a purchase this year, according to a new report from Strategy Analytics, and the value of transactions conducted via NFC handsets will grow from US$30bn in 2016 to US$240bn in 2021. More
Customers of People’s United Bank in the US can now add their debit cards to Samsung Pay... More
PARTNER NEWS: A blog post by mobile commerce provider Proxama discusses the implications of Visa’s updated cloud-based payments specifications which include a requirement for issuers to migrate from alternate PANs to tokenization... More
Handset maker Huawei is to launch its own mobile payment service in China in cooperation with Bank of China... More
US mobile network operator Verizon is shipping the Samsung Galaxy S7 and S7 Edge without support for Samsung Pay, according to an Android Police report... More
Users of the Suretap NFC mobile wallet can now earn and redeem loyalty points as a result of a partnership between the Canadian mobile wallet provider and the Points loyalty network announced in November 2015... More
Motorists across the US can now pay for their fuel at the pump at more than 6,000 ExxonMobil gas stations using Apple Pay and the fuel retailer’s Speedpass+ mobile payment app. The oil and gas company plans to expand the app’s availability to more than 8,000 locations by mid-year. More
Mobile POS provider Square has launched in Australia, enabling retailers across the country to accept credit and debit card payments using their mobile phones... More
Alipay parent Ant Financial is planning to raise up to 20bn yuan (US$3.1bn) in its current funding round at a valuation of more than $50bn, according to The Wall Street Journal... More
Samsung Pay has recorded a net loss of US$16.8m since the mobile payment service was unveiled in March 2015, despite attracting approximately five million users in South Korea and the US in its first six months... More
Mobile payments platform PowaTag has been sold to a consortium led by entrepreneur Ben White, administrator Deloitte has confirmed, following news that its parent company Powa Technologies went into administration last month... More
Poland’s mBank has withdrawn the facility for customers to add mobile versions of their debit cards to the NFC payments services offered by mobile network operators T-Mobile and Orange... More
The 120 credit unions using the CU Wallet platform to support their mobile payment services can now offer customers up to 30% cashback on purchases at “thousands of merchants” through rewards program provider Mogl... More
American Express is exploring a system that would let its customers use reward points for purchases in third-party digital wallets, according to a newly published patent application... More
Samsung Pay users in South Korea will soon be able to both deposit and withdraw money from the ATMs of Woori Bank, Shinhan Bank, KB Kookmin Bank, Industrial Bank of Korea and NH Nonghyup Bank... More