Mobile network operator Du has formed a partnership with mobile payment service Beam Wallet and Majid Al Futtaim Ventures to promote Beam’s QR code solution to retailers and petrol stations across Dubai... More
Mobile wallet
One in three Millennials to use a mobile wallet in 2015
5% of US consumers currently use a mobile wallet and 18% intend to use one in the next year, credit scorer Fico’s “Millennial Banking Insights and Opportunity” survey has found, with the percentage rising to 32% among Millennials — defined as those born between 1980 and 1994... More
Norwegian carriers pick Amdocs for mobile payments
Strex, the mobile payments joint venture between Norwegian carriers Telenor, TeliaSonera and Tele2, has selected software and services provider Amdocs’ Mobile Financial Services solution to “consolidate the operators’ multiple SMS-based payment systems into one” mobile wallet... More
Cachet adds prepaid cards to Apple Pay
Prepaid card issuers using Cachet Financial Solutions’ Select Mobile Money white label platform can now offer their customers a way to charge Apple Pay transactions to their prepaid account balance, the company has announced... More
Amazon shuts mobile wallet
Amazon is contacting users of its Amazon Wallet service to inform them that the service, launched in beta in July 2014, is closing down on 21 January, CNET reports... More
7-Eleven HK adds mobile payment and rewards
Convenience store chain 7-Eleven has launched 7-Fans, a QR code-based mobile payment and loyalty app that rewards customers with one point for every HK$5 spent using the service at any of more than 900 stores across Hong Kong... More
CardMobili adds beacons to mobile wallet
CardMobili has added support for Bluetooth beacon-based marketing services to its digital wallet platform... More
Pey equips merchants with Bitcoin POS terminals that support iBeacon, QR and NFC
Fifty merchants in the German city of Hannover have signed up to accept Bitcoin payments using a terminal supplied by startup Pey, that uses a combination of iBeacon, QR code and NFC technology. More
Deloitte: Mobile payment volumes to increase 1000% in 2015
In-store mobile payments will increase by more than 1,000% worldwide this year with 5% of the world’s smartphones being used to make a payment in a store at least once a month, up from under 0.5% in mid-2014, according to the new edition of Deloitte’s annual Technology, Media & Telecommunications (TMT) Predictions report... More
US consumers call for more retailers to accept mobile payments
More than half (53%) of US consumers think it is important for more retailers to install devices that enable them to pay with their smartphones, a Verifone survey conducted by Wakefield Research has revealed, with 84% prepared to use their smartphones to pay for small and medium purchases such as a cup of coffee or a pair of jeans... More
The future of mobile payments at CES: Video now available
The key to mass market adoption of mobile payments will be the creation of a compelling consumer experience that incorporates both payments and value added services, the Future of Mobile Payments session at the International CES 2015, chaired by NFC World’s Sarah Clark, has found. More
HyprKey unveils biometric mobile wallet add-on
A US startup is taking pre-orders for a biometrically secured mobile wallet, consisting of a payment app and Bluetooth Low Energy (BLE)-based “bio-sticker” attached to the back of the user’s phone... More
Circle adds NFC to Bitcoin payments app
Bitcoin wallet provider Circle has added NFC to its Android app to enable users to make payments using the digital currency with a tap of their smartphone... More
LoopPay signs up OEMs to embed contactless tech into more products
Mobile payments startup LoopPay has announced deals with XPal Power and Trident Case to embed its Magnetic Secure Transmission (MST) mag stripe emulation technology into a broad range of products including smartphones, wearables, cases and accessories, with “many other partners in the pipeline.”... More
Mozido buys CorFire
Cloud-based mobile payments platform provider Mozido has acquired the majority ownership of mobile commerce specialist CorFire, previously wholly-owned by South Korean IT services provider SK C&C... More
Google Wallet adds Touch ID
The iOS version of Google Wallet now enables users to use Touch ID fingerprint verification for “secure and quick access” to the mobile wallet... More
Emirates banks move towards mobile wallets
The UAE Banks Federation has announced the completion of the pre-implementation phase of a project to develop a mobile wallet platform that all its 51 member banks will be able to use to offer P2P, mobile payments and loyalty programs to their customers... More
Payments security survey finds NFC and HCE are now top priorities
Seven in ten (71%) US IT operations, security, and electronic deployment professionals consider NFC to be essential or very important to their organization’s security, a survey by Ponemon Institute for HP Atalla has found, with host card emulation (HCE) following closely behind at 68%... More
BKM and Mekanist let Turkish diners pay by beacon
Diners at Turkish restaurant Olivia’s Pizzeria have become the first in the country to be able to use their BKM Express digital wallet to pay for their meals with their mobile phone... More
TD Bank partners with Moven
Toronto-Dominion Bank is expected to announce a partnership with New York based banking app maker Moven to help its customers use their smartphones to keep track of every purchase they make, The Globe and Mail reports... More