PARTNER NEWS: Fast growing mobile payments platform provider Mozido has made a US$2.5m investment in SimplyTapp, bringing the total amount raised in the host card emulation (HCE) specialist’s Series B financing round to US$10.1m... More
Research
Mobile biometrics market to be worth US$33.3bn a year
By 2020, smart mobile devices will include embedded biometric sensors as standard, according to research conducted by Acuity Market Intelligence, creating a US$33.3bn a year market for biometric products and services... More
ATM operators report on EMV readiness
More than six in ten (61%) US ATM operators expect “the vast majority” of their network will be capable of handling EMV transactions by the end of 2016, the ATM Industry Association has revealed... More
One in four online transactions are now mobile
Over a quarter (25.8%) of the world’s online transactions now take place on a mobile device, up from 23.3% in the third quarter of 2014 and 37% up on the 18.8% recorded in the fourth quarter of 2013, Adyen’s quarterly Mobile Payments Index has revealed... More
Most US retailers won’t be ready for EMV
More than half of all US retailers (55%) are still not fully prepared for the migration to EMV despite the impending October deadline, a survey for ACI Worldwide has revealed... More
Juniper forecasts biometric authentication market
More than 770m mobile apps that make use of biometric authentication will be downloaded annually by 2019, up from 6m this year, Juniper Research predicts... More
One in three Germans ready to use mobile payments
Almost one third of German consumers (31%) would use mobile payments if it meant they could do away with a purse or wallet completely, a survey by TNS Infratest for mobile payments provider Yapital has revealed... 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
Apple Pay accounts for 1% of US digital spend in November
Apple Pay accounted for 1% of all US digital spend in November 2014 just a month after its launch, research from ITG has revealed... More
US consumers trust banks most with card data
Three in four online buyers (76%) are dissatisfied with the strength of credit card and personal information security among retailers with some 72% of respondents saying they trust their own bank the most with credit card data and personally identifiable information, US research from Bizrate Insights reveals... More
Half of Brits interested in mobile payments
Almost one in two (47%) UK consumers are interested in mobile payments, research from Oxygen8 has found, with 11% saying they would like to use their mobile phone only, replacing the use of credit and debit cards altogether... More
One in four US smartphone owners have paid by mobile
Almost a quarter (24%) of US smartphone owners have now used one or more mobile payment apps, research from PunchTab has found... More
One in ten US iPhone 6 owners have now used Apple Pay
Apple Pay is yet to gain widespread adoption among iPhone 6 owners due to poor awareness of which stores accept the NFC payments technology and a lack of understanding of how the service works, a survey conducted by InfoScout has found. Those who have used it, however, compare it highly favourably to using a traditional plastic card. More
Half of UK consumers use digital wallets
More than half of UK consumers (54%) say that they often or always use digital wallets to pay for goods online, according to research from online payments service Skrill, and 17% of 18-24 year olds are also paying for goods and services in-store with a mobile device... More
17% of French consumers make mobile payments
Almost one fifth (17%) of French consumers have now made a mobile payment, with 25% of 16-34 year olds claiming to have done so compared with 13% of 35-75 year olds, research released by telecoms company Prixtel has revealed... More
30% of US smartphone owners to use mobile payments this holiday season
Nearly one in three (30%) US smartphone owners say they plan to use mobile payment offerings such as Apple Pay or Google Wallet for shopping in stores this holiday season, Bluetooth ‘connected card’ maker Stratos’ 2014 Holiday Mobile Payments Survey has found... More
Millennials more open to mobile payments
Among US and UK consumers who have not yet used a mobile wallet, 18-34 year olds are the most enthusiastic when asked about the potential benefits, research from JWT Intelligence has found... More
65% of Canadians plan to make mobile payments
Almost seven in ten Canadian smartphone owners (68%) are aware of NFC or QR codes and 65% are likely to make NFC or QR payments over the next six months, research by Visa Canada has revealed... More
inMarket hits 18% of US mobile shoppers
Mobile in-store marketing solution provider inMarket’s iBeacon platform now reaches 31.5m monthly active consumers, the equivalent of 18% of all US mobile users, according to research conducted by Comscore... More