UnionPay brings QR code mobile payments to North America

UnionPay International is partnering with Bank of China (Canada) to enable all Foodymart stores in Canada to accept UnionPay QR code payment, according to a press release. Some food and beverage merchants in California, have recently started accepting UnionPay QR...

Study: Apple Pay to reach 200M users by 2020

The global number of mobile contactless users will exceed 760 million by 2020, up from an estimated 440 million in 2018, according to a new study from Juniper Research. It forecasts OEM Pay services, including Apple Pay, Samsung Pay and...

Venmo officially launches companion debit card

After a year of tests, Venmo Monday officially launched a companion debit card to its popular mobile person-to-person app. The card, which is MasterCard-branded and contactless, is in limited release. Perspective users can join a waiting list for the card...

Study: mPOS devices to account for almost 25% of POS transactions by 2023

A new study from Juniper Research has found that the adoption of mPOS devices connecting wirelessly or via mobile devices, such as those from iZettle and Square, will drive annual mPOS transactions to over 87 billion by 2023. This will...

UK debit card use surpasses cash for first time thanks to contactless, digital payments

The popularity of contactless payments, online shopping and smartphones is having a significant effect on how U.K. consumers manage money and pay for things, leading to debit cards overtaking cash as the most used payment method in region, according to the latest research from U.K.

Study: Consumers seek more payment options at unattended terminals

Some 70 percent of consumers want unattended terminals to accept both card and cash payments and a significant number are willing to use wearable devices or digital wallets at these locations, according to a survey of U.S., U.K. and Australian...

UK small businesses increase acceptance of mobile payment apps

New research commissioned by Verifone shows how U.K. small and medium enterprises are modernizing their businesses to deal with the huge demand from a digitally-savvy society, according to a press release about the study. The independent report, conducted by Verve...

Mobeewave's brings mPOS product to the UAE

Network International, a payments product provider that services the Middle East and Africa, is set to rollout Mobeewave’s patented in-person contactless payment acceptance platform in the United Arab Emirates, according to a press release. MasterCard and IDEMIA also are involved...

Bank Customer Experience Awards accepting entries through June 15

Through Friday, June 15, Networld Media Group is accepting entries for the annual Bank Customer Experience Awards competition. The awards honor financial institutions and fintech providers whose unique strategies and technologies are heightening the consumer experience in four categories: Best...

ABN Amro touts success with wearable payments test

ABN Amro might be on to something with its recent wearables pilot. The bank launched a pilot earlier this year in which 500 clients were asked to make payments using wearables. Of these clients, 78 percent of users now prefer...

Mobile-only Starling Bank enables Google Pay in-app provisioning

Starling Bank, the mobile-only bank based in the U.K., claims it will be the first bank in the region to offer Anroid phone users the ability to setup Google Pay within the Starling app through the use of push provisioning,...

EMVCo moves to promote global interoperability with QR codes

EMVCo, the global technical body that manages the EMV specifications, has created a QR Payment Mark to promote global interoperability across EMV QR-code payments, according to a press release. EMVCo has developed reproduction requirements and a free licensing structure to...

Wirecard to power contactless payments in Garmin smartwatches

Wirecard is partnering with Garmin to provide Garmin smartwatch owners a digital payment experience through Wirecard's flagship product, boon, according to a press release. As of now, Garmin smartwatch users in France, Italy, Ireland, Spain, Switzerland, and the U.K. will...

Ingenico, USA Technologies partner on payments for unattended retail

Ingenico Group and USA Technologies Inc. have partnered to provide the unattended retail marketplace with a bundled service that pairs Ingenico's hardware, software, security and services products with USA's ePort Connect services platform specifically designed for the unattended retail market,...

Cash back rewards coming to Samsung Pay

Samsung is making Samsung Pay an even more complete mobile wallet platform with the introduction of a cash back feature that the company announced in a recent blog post. The feature, called Cash Back in the Samsung Pay app, will...

Study: Mobile payment users unlikely to recommend the Pays

Consumers might be using mobile wallets from Apple, Google and Samsung more these days, but that doesn't necessarily mean they're recommending the products to friends and family, according to a study from Auriemma Consulting Group. Auriemma found that while Apple...

Gemalto helps provision Hong Kong's Octopus card into Samsung Pay

Gemalto has announced that its Trusted Service Hub is enabling the secure digitization of Hong Kong's Octopus contactless smart cards into Samsung Pay, according to a press release. Named Smart Octopus in Samsung Pay, this mobile payment service enables consumers...

Nets tests finger vein payments in Denmark

Nets, a digital payments specialist, has launched a test of finger vein payments at the Copenhagen Business School in Denmark. The system, developed in collaboration with CBS, Smart Payments and Fingopay, lets students and visitors at the school cafeteria buy...

PayPal officially launches Samsung Pay partnership

PayPal this week officially launched its partnership with Samsung Pay, which will enable consumers to use PayPal within Samsung Pay and make purchases at the millions of retailers that accept Samsung Pay. PayPal announced the partnership in July. The partnership...

Private equity firm acquires Verifone for $3.4B

Verifone Systems Inc. and Francisco Partners, a technology-focused private equity firm, have entered into a definitive agreement under which an investor group led by Francisco Partners, and including British Columbia Investment Management Corp., will acquire Verifone for $23.04 per share...

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5 tidbits from the 2018 Bank Customer Experience Summit