A group of delegates to the Mobile World Congress in Barcelona will be offered the opportunity to pay with their phones. CaixaBank, Gemalto, Telefónica and Visa Europe have announced they will be offering 3,500 delegates at the conference a smartphone complete with a mobile wallet pre-loaded with €15 ($20).
According to a report from Mercator Advisory Group, consumer credit card use remains steady, but young adults age 18 to 35 are eschewing credit cards. In its "Consumers and Credit 2012: Come Back, Young Cardholders" report, Mercator said that only 59 percent of young adults in this age group have credit cards.
The U.K. will see a cloud-based digital wallet service this year, according to Visa.
Card brand Visa Inc. announced its new plug-and-play mobile money platform aimed at making it easier for financial institutions and mobile network operators around the world to offer mobile financial services to consumers.
A38 is the best bar in the world, at least according to Lonely Planet. And now the Budapest nightclub is letting patrons purchase tickets for its programs and concerts using a virtual wallet from MasterCard.
American Express is going beyond discounts and adding purchasing to its social tools. Amex members who link their cards to their Twitter accounts will be able to make purchases by tweeting special hashtags.
ICICI Bank of India, the country's largest private sector bank, is launching Mobile Money with wireless provider Aircel. The program, aimed at the nation's financially underserved population, will run on card brand Visa's platform. Mobile Money will provide unbanked consumers,...
Ten states have already prohibited merchants from charging a fee at the POS. Now eight more are thinking about joining the list. According to a report by CUNA, the states of Hawaii, Illinois, Mississippi, New Jersey and Rhode Island are currently considering bills that would ban merchant surcharges.
This week, merchants in 40 states gain the ability to surcharge customers who use credit cards for purchases. The change is one measure in the proposed anti-trust settlement between U.S.
This year will be a banner year for mobile payments. So says Visa Europe.
Are mobile payments key to a resurgent Research In Motion? Could be. The maker of BlackBerry devices announced its Secure Element Manager solution for NFC mobile payments has been given the official Visa stamp of approval.
Shazam has announced the launch of Shazam Bolt$, an app for smartphones and tablets that allows financial institutions to offer their Shazam debit cardholders free, mobile access to their debit card accounts. The EFT services provider has also created an...
U.S. Bank will be offering FlexPerks Visa cardholders in Salt Lake City, Utah, and Portland, Ore., the option to try a new mobile payment product called U.S.
Another partnership is looking to introduce a mobile payment service in the Chinese market. This time it's handset-maker ZTE Corp.
C-SAM and MasterCard are becoming strategic partners. The companies announced the new deal yesterday.
Digital security provider Gemalto announced that it has obtained certification for its UpTeq NFC SIM cards from payment networks American Express, MasterCard and Visa. The UpTeq NFC SIM cards securely store personal data and payment credentials on a mobile device...
Bank of America is joining the list of financial institutions offering Visa’s V.me digital wallet service. BofA announced it has begun piloting the product to its online banking customers. V.me is Visa's entry in the digital wallet space.
Grupo Telefonica and MasterCard International have announced the formation of MFS, a joint venture that will focus on developing mobile payment solutions in Brazil. The new JV will launch its first product, a MasterCard branded prepaid account that can be...
Wireless provider Vodafone and payment brand Visa announced a partnership earlier this year aimed at rolling out a mobile wallet tool to a number of countries. Today, Vodafone Australia and Visa said they plan to launch an app for NFC-enabled...
Spain’s largest retail bank, La Caixa, has begun deployment of contactless payment cards and terminals across Barcelona, said a report at ft.com. The move represents the largest rollout of "tap and go" technology in Europe. The bank will issue 1...