Korean mobile network operator LG U+ will issue UnionPay mobile credit cards and payment services in China, in partnership with KB Kookmin Card, from next month... More
Mobile payments
Apple Pay gets 98% satisfaction rate for in-store purchases
Apple Pay has gained a 98% satisfaction rate among those that have used the mobile payments service to make an in-store payment in the US, Auriemma Consulting Group’s Marianne Berry has told NFC World, adding that the average number of in-store Apple Pay purchases per week among all users now stands at 2.6... More
PaidEasy raises $2m in seed funding
Mobile payment startup PaidEasy has announced a seed round of funding valued at US$2m... More
Indian mobile payment provider ToneTag raises $1m
Indian mobile payment provider ToneTag, which enables contactless payments through mobile phones using sound waves or NFC technology, has raised US$1m from Reliance Capital... More
Mobicash offers NFC payments at vending machines
Mobile financial services provider Mobicash is to allow users in Pakistan to make NFC mobile payments at Wavetec vending machines following a trial... More
CBA publishes mobile payments white paper
The Canadian Bankers Association (CBA) has published a mobile payments white paper intended to “encourage the introduction and adoption of new and innovative mobile payments products and services in Canada without compromising the integrity of the Canadian payments infrastructure”... More
Amex adds corporate cards to Apple Pay
American Express is now allowing customers to add corporate credit cards to Apple Pay... More
Transaction amounts on iOS double those on Android
Average transaction amounts on iOS devices (US$124.47) were almost double those made on Android ($65.22) in 2014, research from Kount reveals... More
InMobi unveils Miip payment platform
Indian advertising platform InMobi has unveiled Miip, a platform that can be integrated into mobile apps to allow users to make payments through buy buttons on product ads... More
Ezetap raises $24m for mPOS expansion
Bangalore-based Ezetap has raised Rs150crores (US$23.5m) to expand its mPOS solution of configurable mobile app and card reader that plugs into a merchant’s mobile device... More
SmarTone unveils Kiss mobile marketing platform with NFC payments and Bluetooth beacons
Hong Kong mobile network operator SmarTone has unveiled Kissco, an end-to-end mobile marketing platform incorporating Kiss Pay, a mobile payments service based on NFC and ultrasound technology, a Kiss Dollars loyalty program and Kiss Beacons to allow retailers to send out offers and promotions directly to customers’ smartphones from their stores... More
Flint adds Apple Wallet support
Mobile payment provider Flint has added a new feature to its platform that lets its business users create coupons and distribute them to Apple Wallet users... More
11% of US retailers integrate loyalty with payment app
Some 11% of US retailers have already integrated a loyalty program into a mobile payment app, while 40% plan to do so within the next two years and 20% in three to five years, research from Boston Retail Partners reveals... More
RapidNFC provides NFC wristbands for payments at Vieilles Charrues music festival
PARTNER NEWS: Visitors to France’s largest music festival Vieilles Charrues had the opportunity to pay for refreshments during the event using an NFC payment system developed by ticketing solutions provider Weezevent that incorporated NFC wristbands supplied by RapidNFC. More
Indian banks to test mVisa mobile payments in Bangalore
India’s Axis Bank, HDFC Bank, ICICI Bank and State Bank of India (SBI) are to pilot a mobile payment service developed by Visa this summer that will let select customers make in-store, online and bill payments as well as send and receive money using their mobile devices. More
Twitter to offer Buy buttons with Shopify
Twitter is reportedly integrating with e-commerce platform Shopify to offer its Buy buttons to a wider range of businesses... More
Walmart India signs up for MobiKwik payments
Walmart is the latest retailer to support in-store payments from mobile wallet service MobiKwik in 20 of its Best Price Modern Wholesale stores in India, following WHSmith and India’s largest retailer Big Bazaar... More
Canada’s Ugo mobile wallet signs up 50,000 users
Ugo, the open NFC mobile wallet developed by Canadian banks President’s Choice Financial and TD Bank Group, has signed up 50,000 users since December... More
LG and Google could partner for Android Pay launch
LG Electronics has reportedly partnered with Google to launch Android Pay on its next Google Nexus phone, expected to become available in October... More
Apple adds 46 US banks to Apple Pay
Apple has added an additional 46 banks and credit unions to its list of supporting financial institutions in the US... More