News about Mobile wallet.
January 19th, 2017
Indian consumers can now submit prescriptions, buy medicines, find doctors and book appointments through online pharmacy Easymedico using First Global Data subsidiary Msewa’s VPayQwik mobile wallet. “Easymedico products and services will be available on the company’s VPayQwik mobile payment app, enabling Easymedico’s existing base of 500,000 customers to submit prescriptions, to purchase prescription medicines and other health products at significant discounts on VPayQwik,” First Global says.
January 17th, 2017
US bank Fifth Third has announced it will support the five major mobile payment services — Android Pay, Apple Pay, Masterpass, Microsoft Wallet and Samsung Pay. “Consumers are rapidly adopting mobile payments and we are providing our customers with every option available,” says Jimm Bell from Fifth Third. The bank has witnessed a 133% increase in mobile payments among its customers since it added Apple Pay support in 2015.
January 13th, 2017
Customers of Australian bank ANZ who report their card as lost or stolen will be issued with a replacement card instantly through Apple Pay or Android Pay. “Now our customers can keep using their digital wallet to make purchases while they wait for the new physical card to arrive in the mail,” says ANZ’s Katherine Bray. ANZ began support for Apple Pay in April 2016 and for Android Pay three months later.
January 12th, 2017
PARTNER NEWS: Retail giant Carrefour is piloting a mobile payments and loyalty service in France, secured with Gemalto’s Mobile Protector platform, that allows customers to validate payments with a PIN code or their fingerprint, receive and redeem coupons and access loyalty programs. The Wa! mobile wallet was originally developed by French bank BNP Paribas and merged with Carrefour’s Fivory electronic wallet in October 2016 to create a “unified, universal mobile payment solution”.
January 9th, 2017
The number of daily Samsung Pay users has doubled every week since the launch of Samsung Rewards in the US in November 2016, the company’s Nana Murugesan revealed during a panel session at CES 2017. “The company has also seen an increase in the number of what it is calling power users — that is, those making frequent (almost once every day) payments using the technology,” Android Headlines reports.
January 9th, 2017
NFC World today welcomes mobile payments solution provider Dejamobile as a member of our partner program. Founded in 2012 by technical experts who pioneered NFC payments at Orange Labs, Dejamobile specialises in the provision of…
January 6th, 2017
Honda is conducting the first proof-of-concept demonstration of its in-vehicle payments platform at the Consumer Electronics Show 2017 in Las Vegas. The service allows drivers to pay for parking and fuel with a touch of…
January 4th, 2017
Indian mobile payments provider Paytm has been granted permission from the Reserve Bank of India to formally launch a payments bank. “Our aim is to build a new business model in the banking industry, focussed on bringing financial services to hundreds of millions of unserved or underserved Indians,” the company says.
January 3rd, 2017
State Bank of India has stopped its customers from transferring money into Paytm mobile wallets, instead encouraging them to make use of its own State Bank Buddy service. The move was announced via Twitter in response to a customer complaint. The move follows the government’s withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes in India in November last year. Paytm processed 1bn transactions in 2016, the mobile payment provider reveals in a blog post.
December 22nd, 2016
PARTNER NEWS: Customers using mobile financial services firm Mahindra Comviva’s Mobiquity Wallet can now make payments through a chatbot integration designed to assist consumers “through their digital payments journey with their banks”. The feature forms…
December 21st, 2016
Customers of Malaysia’s CIMB Bank can make host card emulation (HCE) mobile payments using CIMB Pay — a new service that supports Mastercard and Visa credit and debit cards. “It is also a comprehensive lifestyle app where you can search, discover and receive the latest, nearest and attractive deals that CIMB cards have to offer,” the bank says.
December 20th, 2016
Indian consumers using the FreeCharge mobile wallet will have their wallet balance of up to Rs 20,000 (US$293) insured free of charge, Economic Times reports, as long as they are making transactions using the service at least once a month, through a partnership with Reliance General Insurance. Customers need to report a phone loss or theft to police and to FreeCharge by phone or email.
December 19th, 2016
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva’s Mobiquity Wallet and PayPlus digital payment services are now available in the cloud, enabling banks to “deploy services faster, adapt to markets quicker and serve their customers…
December 16th, 2016
Paypal has announced new partnerships with US bank Citi and financial technology services provider Fidelity National Information Services (FIS). The deal with Citi will see Citi cardholders able to use their card through PayPal at the point of sale, where Visa or Mastercard contactless payments are accepted. PayPal adds working with FIS would allow them to “provide a more seamless way for their thousands of bank issuers to drive more digital spend with their customers through PayPal accounts”.
December 16th, 2016
The tokenization agreement signed yesterday by Visa and Mastercard will help to address the “lack of comprehensive tokenization across brands”, a key merchant barrier to adopting the technology, Visa’s VP of digital products Vish Shastry…
December 15th, 2016
Mastercard and Visa have signed a tokenization agreement that will allow Mastercard to request tokenized Visa credentials from Visa for provisioning into Masterpass and Visa to request tokenized Mastercard payment credentials from Mastercard for provisioning into Visa Checkout. The agreement will “accelerate the adoption of tokens” across both digital payment platforms, says Mastercard’s James Anderson.
December 14th, 2016
A 46-page magazine with a collection of articles covering the Internet of Things, NFC, the role of mobile money and how to kickstart the mobile wallet revolution in the Middle East is now available to download from the NFC World Knowledge Centre. The latest issue of the quarterly Vritti magazine has been produced and sponsored by Mahindra Comviva and has been approved by the NFC World editorial team.
December 14th, 2016
Vodafone India has unveiled Vodafone M-Pesa Pay, a digital payment solution allowing merchants to receive payments from customers using their M-Pesa wallet, bank account, or debit or credit card. Retailers need to download the Vodafone M-Pesa app and register for Vodafone M-Pesa Pay as a merchant to use the service. The move follows the withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes across the country.
December 12th, 2016
Customers of Australian bank Westpac can now make mobile payments through Android Pay using their Mastercard debit and credit cards. The service is available for those with select Samsung, Sony, LG, HTC, Motorola, Huawei and Pixel smartphones. Android Pay launched in Australia with support from 27 financial institutions in July 2016. Westpac forms part of the group of Australian banks seeking stronger negotiation powers over the entry of third party mobile wallets in the country.
December 8th, 2016
PARTNER NEWS: Groupement des Cartes Bancaires (GIE CB), the French bank card association which pioneered the use of chip cards for payments in the 1980s, has selected Pure, Gemalto’s white label mobile wallet solution, to…