Londoners on board with contactless bus payments

Transport for London is celebrating the successful implementation of contactless card payments on all of London's 8,500 buses. Since the service was launched in December 2012, more than 6.5 million London bus journeys have been paid for using contactless American...

With mobile payments growing, European Parliament debates interchange

The European Parliament is likely heading for a spirited debate this week as it considers the latest proposed updates to its Payment Services Directive, according to The rule changes are designed to introduce more competition and update the credit...

Judge approves MasterCard, Visa swipe fee settlement

A federal judge today approved a settlement in the class action suit between merchants and card networks Visa and MasterCard over alleged fixing of merchant interchange fees. Retailers and industry associations immediately filed notice of an appeal, a Wall Street Journal report said.

Westpac plans New Year NFC launch in Australia

Westpac, one of Australia's largest banks, will launch a service enabling its customers to make NFC purchases with mobile devices in the New Year. Westpac said it will work with Visa on the rollout of the NFC point-of-sale payment service....

MasterCard in global NFC alliance with Samsung

MasterCard has announced a global strategic partnership with Samsung that will enable MasterCard cardholders to load and store their card credentials on NFC-enabled Samsung mobile devices. Commonwealth Bank of Australia is the first bank to collaborate with MasterCard and Samsung...

Canada moves to regulate prepaid debit cards

Expiry dates for funds held on open-loop prepaid debit cards will be abolished under new regulations announced by the Canadian government. The consumer protection rules will apply to all payment network-branded prepaid cards issued by federally regulated Canadian financial institutions,...

Intel integrates NFC reader into core processor for secure MasterPass payments

Intel, MasterCard and NXP Semiconductors are teaming up to deliver two-factor authentication via MasterCard-branded contactless cards for online payments.

MasterCard launches MasterPass digital service in Brazil

MasterCard has launched its MasterPass digital payment service in Brazil. MasterPass enables consumers to make point-of-sale/in-store, online or mobile payments from any MasterPass-connected digital wallet by clicking the MasterPass button on a merchant's checkout page and entering their password. Consumers...

Vodafone NFC mobile wallet launches in Europe

Vodafone has launched a mobile wallet in Spain, with Germany, Italy and the U.K. to follow.

Intel will let online shoppers pay by tapping contactless card or NFC phone against computer

Intel is embedding technology into computers that will let online shoppers pay by tapping a contactless card or NFC-enabled mobile phone against their PC or laptop, according to Computer World. The website reports that breakthrough is meant to provide a...

Google prepaid card, tied to Google Wallet funds, goes live

Google's rumored prepaid debit card has surfaced. As Droid Life reported, the Google Wallet Card allows users to access their Google Wallet balance in the real world at ATMs, banks and wherever MasterCard debit is accepted.

Telecom Italia, Visa Europe expand NFC partnership

After running mobile payments pilot projects near Milan, Telecom Italia and Visa Europe have announced they will expand the program across Italy. Consumers using selected NFC-enabled smartphones will receive a TIM-branded Visa card and be able to make contactless payments...

FIME gets OK to test Visa mobile payment app on secure element

FIME, an advanced secure-chip testing company, announced it has been accredited by Visa to deliver Visa Mobile Payment Application testing. The accreditation extends FIME's existing Visa payment card and terminal testing portfolio to also include the validation of a Visa...

French telco pilots prepaid card on NFC-based mobile devices

The French mobile network operator Orange is testing Orange Cash, a contactless prepaid card, on mobile devices in Strasbourg and Caen, with plans to go nationwide in the second quarter of 2014. Wirecard Card Solutions Ltd., a member of Visa...

Rogers suretap mobile wallet heading to market

The suretap mobile wallet from Canadian telco Rogers will be available within weeks. Suretap will work on select NFC-enabled smartphones and will offer a co-branded virtual Rogers Prepaid MasterCard and gift cards from select national retailers as the first cards...

J. Crew takes to airwaves to promote addition of MasterCard mobile wallet

Fashion retailer J. Crew and MasterCard have joined forces for a marketing campaign to promote the introduction of the MasterPass digital payments platform to the retailer's online checkout.

CommBank adds online checkout for mobile devices

Commonwealth Bank of Australia has launched an online checkout service using MasterCard's MasterPass. The solution lets consumers use their mobile devices to make online purchases at MasterPass-enabled retailers, including more than 200 in Australia, the bank said. That list includes...

UK pharmacy chain goes contactless

Boots UK, which sells pharmaceuticals and beauty supplies (but not boots), has gone completely contactless. The U.K.-based company, working with Visa Europe and WorldPay, has installed contactless readers in all of its nearly 2,500 locations. U.K.

Citibank rolls out NFC-based mobile wallet in Hong Kong

Smartphone users in Hong Kong now have another mobile wallet option with the introduction of 3 Citi Wallet. The NFC-enabled solution is a collaboration between 3 Hong Kong, the mobile arm of Hutchison Telecommunications Holdings Ltd., and Citibank Hong Kong. The solution enables contactless payments for amounts up to HK$1,000 per transaction.

Canadians can now use AmEx to pay via Square

Canadian businesses using the Square reader can now accept American Express payments to go along with Visa and MasterCard. Canada has more than 1 million small businesses, Square said in a news release, and 2.7 million people who are self-employed....

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