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    LG to launch mobile payments service using magnetic communication technology

    March 22nd, 2017

    LG will launch its LG Pay mobile payments service in Korea in June this year using a mobile payment technology that works by “generating a magnetic signal from a mobile device such as a smartphone, and paying it to a general credit card terminal”.  More

    Samsung Pay goes live across India with support for Paytm and UPI money transfers

    March 22nd, 2017

    Samsung Pay has launched in India with support from Visa, Mastercard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Cards and Standard Chartered Bank, with Citibank India support expected “shortly”. The service has also integrated India’s leading mobile wallet Paytm and comes with support for peer-to-peer money transfers through the Indian government’s Unified Payments Interface platform. More

    More French banks get HCE payments with Paylib

    March 21st, 2017

    Customers of French banking group Groupe BPCE’s Banque Populaire and Caisse d’Epargne will be able to make host card emulation (HCE) based mobile payments from April through the banks’ mobile banking apps and Paylib, an online payment platform supported by France’s main banks. BNP Paribas also enabled HCE Paylib mobile payments last month, following a launch by Crédit Mutuel Arkéa earlier in February.

    Lothian Buses to offer HCE mobile payments for public transport in Scotland

    March 17th, 2017

    PARTNER NEWS: Scottish commuters using public transport services operated by Lothian Buses will soon be able to pay for their journeys using a host card emulation (HCE) based mobile payment service powered by Nevis Technologies,… More

    Millennials not giving up on cash and checks

    March 2nd, 2017

    Millennials have “one foot firmly planted in both the future and the past” when it comes to mobile payments, a study by Accel and Qualtrics says. The report reveals that 42% still write checks, while five times more millennials pay with cash than use mobile payments platforms.

    EcoCash and Mahindra win GSMA best mobile payments solution award

    February 28th, 2017

    PARTNER NEWS: Zimbabwean mobile payments service EcoCash, powered by Mahindra Comviva’s Mobiquity Money platform, has been named Best Mobile Payment Solution at the Mobile World Congress Glomo Awards. The service is deployed by Zimbabwe-based mobile network operator Econet Wireless and includes support for NFC mobile payments. A video produced by Mahindra shows how the service works.

    More than 500m people now have a mobile money account

    February 28th, 2017

    Over half a billion mobile money accounts have been registered in 92 countries, with 1.3bn transactions processed in December 2016 alone, research from GSMA reveals. In its sixth ‘State of the Industry Report on Mobile… More

    Mahindra Comviva adds offers and promotions to mobile money platform

    February 27th, 2017

    PARTNER NEWS: Mahindra Comviva is making it possible for mobile money operators to increase user engagement with the addition of a new service that enables relevant offers and promotions to be delivered automatically to users’… More

    Mastercard adds bar tab feature to Qkr! mobile payments app

    February 27th, 2017

    Mastercard has unveiled a new feature for its Qkr! mobile payments solution that will allow customers in a bar or restaurant to open a tab and pay their bill when they want, without leaving a… More

    NXP reveals secure element and NFC solution that speeds transaction times, increases security and supports smaller form factors

    February 27th, 2017

    PARTNER NEWS: A new embedded secure element and NFC solution from NXP will make it possible for mobile transactions to be conducted at the same speed as contactless card transactions. It also enables biometric security,… More

    Rambus unveils Unified Payment Platform for mobile payments and loyalty

    February 27th, 2017

    PARTNER NEWS: Rambus has unveiled a mobile payments platform that will allow retailers to launch mobile payment and loyalty services that securely store and manage a variety of payment cards, as well as gift cards… More

    BNP Paribas launches HCE mobile payments

    February 24th, 2017

    Customers of French bank BNP Paribas will soon be able to make host card emulation (HCE) based mobile payments through the bank’s mobile banking app and Paylib, an online payment platform supported by the country’s main banks. BNP Paribas’ deployment — which follows Crédit Mutuel Arkéa’s HCE mobile payments launch earlier this week — will be completed by early March.

    Visa Token Service to spread across Europe in 2017

    February 22nd, 2017

    The Visa Token Service platform will be available in more than 12 European countries by the end of 2017, Visa has announced. “The technology is already supporting mobile payment schemes in 27 countries worldwide,” the company says, “with more than 1,300 financial institution partners.”

    Ant Financial invests in Korea and Philippines

    February 21st, 2017

    Alipay parent company Ant Financial is to invest US$200m in South Korean mobile finance platform Kakao Pay to “expand its online and offline payment coverage”. Ant Financial has also made its first investment in the Philippines, announcing a strategic partnership to “scale up” mobile operator Globe Telecom’s mobile wallet and digital financial service Mynt.

    Kenyan banks roll out PesaLink real-time direct P2P mobile payments

    February 17th, 2017

    Kenya’s new digital payments platform PesaLink, that will enable consumers to make real-time mobile person-to-person (P2P) payments from US$0.10 up to US$9,650 at any time without having to go through intermediaries, is “expected to cut… More

    Russian mobile network MTS launches first phase of Money Wallet payments, transfer and loyalty service

    February 17th, 2017

    Russian mobile network operator MTS has launched MTS Money Wallet, an online payments and money transfer service that incorporates loyalty points, offers and discounts, and is to be expanded to transport and in-store payments via… More

    IBM’s Watson integrates Visa Token Service to enable tokenized payments on connected devices

    February 16th, 2017

    IBM is to integrate Visa Token Service into its Watson IoT cognitive technology platform to enable payments to be embedded into “any device connected to the Internet of Things (IoT)”, with all of IBM’s Watson… More

    Turkish bank adds iMessage payments

    February 14th, 2017

    Customers of Isbank in Turkey can now send and receive money using Apple’s iMessage. The service has been added to the bank’s IsCep mobile banking app and is available for those with iPhones running on iOS 10. Money transfers of up to TRY 300 (US$81) can be sent with the service.

    Finnish distiller adds NFC tags to gin bottles

    February 14th, 2017

    Finnish distiller Northern Lights Spirits (NLS) is to include NFC tags on premium Kalevala Gin bottles, allowing it to “instantly deliver authentication messages, brand stories, promotional offers, product news and other relevant content” to customers. The tags will “contribute significantly to consumer loyalty and the overall popularity of Kalevala Gin”, Moritz Wüstenberg, managing director at NLS, says.

    NXP unveils IoT security platform

    February 14th, 2017

    PARTNER NEWS: NXP has unveiled a platform designed to enable developers of Internet of Things equipment to “easily build” secure and trusted systems. QorlQ “provides a complete set of hardware, software and process capabilities to embed security and trust into every aspect of a product’s life cycle,” the company says.

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