What's New in Payments

Apple Pay transactions decline on Black Friday

Only 2.7% of US shoppers with Apple Pay used the service on Black Friday to make a purchase in a store equipped to accept the mobile payment technology — representing a decrease from 4.9% last year, research from InfoScout reveals. Just 2% of Android owners used their device to make a mobile payment for eligible transactions during the day. More







NFC World

Developers unveil electronic tattoos for payments and healthcare

Chaotic Moon

Creative studio Chaotic Moon has demonstrated a concept it calls Tech Tats, tattoo-like formations of components and conductive paint that create an electronic circuit which adheres to the wearer’s skin. The temporary tattoos include a microprocessor and the company envisages them performing tasks such as health monitoring or making payments. More




What's New in Payments

Tencent launches WeChat mobile wallet in South Africa

WeChat

Chinese ecommerce giant Tencent has launched a mobile wallet service in South Africa in partnership with Standard Bank. The service lets users of social messaging app WeChat make P2P transfers, pay for services such as airtime, data and electricity and make in-store payments by scanning QR codes at merchants supporting the SnapScan mobile payments platform. More