Customers of Singapore’s OCBC Bank can now send up to S$100 a day to any of their Facebook friends from their phone, using a new Pay Anyone feature in the bank’s mobile app... More
US mobile payments provider Square is pulling out of the consumer mobile wallet business and its Square Wallet app is no longer available to new customers to download... More
A total of 450million contactless cards, twice the number produced in 2012, were shipped in 2013 by members of the Smart Payment Association, a group that accounts for 85% of the market... More
“Apple is likely to incorporate a near field communication (NFC) payment function in the next generation iPhone and has reached an agreement with China UnionPay on a mobile payment service,” investment newswire Brightwire reports, citing “a source close to the matter”... More
Hungary’s OTP Bank has launched a mobile wallet that allows consumers to pay in stores by scanning a QR code placed next to the cash register... More
Canadian payments and money transfer provider nTrust has begun piloting a new mobile payments service that uses Bluetooth Low Energy (BLE) beacons placed in stores to make wireless purchases... More
Upmarket UK supermarket chain Waitrose is working on a new app that will use Bluetooth LE beacons to welcome customers to its stores and push promotional messages to shoppers... More
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