What's New in Payments

Samsung Pay hits 5m users and is set for global expansion in 2016

Samsung Pay

Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More


What's New in Payments

Bell ID to support Android Pay integration

Bell ID

PARTNER NEWS: Bell ID has added support for Android Pay to its Token Service Provider (TSP) solution, allowing its customers at issuing banks, payment schemes and processors to keep tokenization and detokenization in-house when they offer secure NFC payments on Android phones using Google’s payment system. More


NFC World

Microsoft unveils $200 Lumia 650 handset with NFC

A new Windows 10 smartphone pitched at business users offers NFC connectivity and Microsoft app integration for less than US$200. The Lumia 650 will be available in select European markets beginning February 15, Microsoft says. The device is also expected to include support for host card emulation (HCE). More



What's New in Payments

Visa Europe adds support for cloud-based credentials to tokenization service

Visa

Visa Europe has expanded its tokenization service to include support for services where payment credentials are stored in the cloud — such as banks’ own mobile payment apps, wearables and other connected devices — as well as for internet browser-based wallets, retailer-specific checkout offerings like Visa Checkout and card on file payment options... More













What's New in Payments

MoboMoney takes sound-based mobile payments to India

ToneTag

Indian consumers can now make payments at participating retail locations using their mobile device and sound based technology developed by startup ToneTag. The feature has been integrated into MoboMoney, an NFC payments platform launched by information technology provider Tech Mahindra in December 2015, to extend the service to a greater number of mobile devices and merchants across the country. More