In Depth: Payments industry was (mostly) quiet this summer

Mobile Payments Today takes a look back at the top stories from the past three months.

MasterCard helps to turn smartphones into POS terminals in Poland

MasterCard has unveiled a pilot project in Poland that enables merchants to use only an NFC-enabled smartphone to accept contactless payments, according to a press release. MasterCard is working with Elavon, Polskie ePłatności and Mobeewave on the project. Mobeewave earlier...

Another smartwatch, another 'Pay' as Garmin Pay debuts

A day after FitBit introduced a new smartwatch capable of making contactless payments, Garmin has introduced its own device with the same capability. The vivoactive 3 is a smartwatch featuring Garmin Pay, which supports Visa and MasterCard payment cards, according...

FitBit Pay arrives as 3 card networks provide support

American Express, MasterCard and Visa announced separate deals to bring contactless payments to Fitbit's new smartwatch that will feature an NFC chip. Fitbit started accepting pre-orders for the $300 Ionic on Monday. Over the past few years, each of the...

MasterCard, PayPal extend Asia-Pacific partnership

MasterCard and PayPal have announced an extension of their partnership in the Asia-Pacific region to "enhance the consumer experience" and make MasterCard a clear payment option within PayPal, according to a press release. The deal will expand PayPal's presence at...

Greece's Eurobank adds Masterpass to mobile banking app

Eurobank, one of the leading banks in Greece, recently launched a mobile wallet integrating MasterCard's Masterpass, in an effort to reduce abandonment rates in e-commerce payments, according to a press release. Eurobank said it has decided to integrate the wallet...

Masterpass speeds checkout for Costco shoppers in Canada

MasterCard today announced Masterpass will be live in the coming weeks at Costco.ca for Canadian shoppers, according to a press release. Costco's offering of Masterpass at Costco.ca follows a 2014 announcement of MasterCard as the exclusively accepted credit network at...

MasterCard puts more stock into QR code mobile payments

MasterCard has outlined plans for greater choice in retail payments through the planned expansion of its QR-based programs, according to a press release. Beginning this month, the company will broaden its products to offer QR codes that can be scanned...

TGI Fridays becomes first UK bar to implement tab feature from MasterCard and Oracle

TGI Fridays, Oracle and MasterCard have launched a mobile-payment app feature that enables consumers to set up, manage and pay bar tabs using their smartphones, according to a press release. The TGIF at Leicester Square in London will be the...

Citi Pay arrives in the US

Citi MasterCard credit customers in the U.S. can now begin using Citi Pay, the mobile tap-and-pay service the bank first announced in November. Citi Pay launched in Singapore, Australia and Mexico in 2016. Customers with an Android device will have the ability to make in-store purchases via NFC at contactless point-of-sale terminals.

How elotes and tamales keep a cashless society at bay

A Chicago neighborhood is one example of the many anomalies when it comes to the digital discussion and pushing mobile payments forward.

For restaurants, pay-at-table devices are a chance to catch up with EMV

Pay-at-the-table devices, which generally accept both EMV and contactless payments, could start to appear at restaurants in a big way during the next couple of years.

Mobile Payments Today: May's top reads

It's time for a look back at last month's most-read articles and blog posts on Mobile Payments Today.

Dunkin' partners with Masterpass to expedite the coffee-n-donuts run

Dunkin' Donuts now accepts Masterpass by Mastercard to help expedite guests' visits to its stores by allowing quick purchase and loyalty card processing through a tap or two, according to a news release. "Leveraging new digital payment options like Masterpass...

Payment card use sees double-digit global growth in 2016

Global card purchase volume for goods and services (excluding cash advances on credit cards and cash withdrawals on debit cards), grew 5.8 percent to $20.606 trillion in 2016, according to a press release from The Nilson Report. UnionPay debit cards...

US Bank adds Masterpass support for Android devices

U.S. Bank customers with an Android device now have access to the MasterCard Masterpass digital wallet when shopping in-store at participating merchants.

Retailers still face EMV issues

Recognizing merchants have encountered difficulty integrating EMV compliant payment equipment, credit card issuers have postponed chargebacks for fraudulent purchases on non-compliant equipment. Compliance, however, will benefit all parties by reducing credit card fraud.

Standardized mobile QR codes streamline Thailand's quest to go cashless

MasterCard, UnionPay International and Visa have introduced a standardized quick response code for payments in Thailand, accelerating the country's transition to a cashless society. The Standardized QR Code supports the Bank of Thailand’s cashless agenda to drive innovation, interoperability, and...

Facebook Messenger chatbots prepare financial services companies for the future

Consumers these days want to connect with their preferred brands at a moment's notice. This, in turn, has forced companies to dabble in areas that didn't exist three to five years ago.

Unconventional channels driving mobile payments adoption

Mobile payment technology is still in its relative infancy, but growing pains can be costly when it comes to new technologies seeking wider adoption.

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