Hong Kong companies to explore multi-currency NFC mobile payments

Two Hong Kong companies are working together to explore the technological and regulatory viability of promoting multi-currency NFC mobile payments in the Greater Bay Area of Zhuhai, Hong Kong and Macau, in order to boost e-commerce, business trade and tourism...

Elavon brings Poynt mPOS to Canada

Elavon and California-based Poynt are bringing Poynt's Smart to businesses across Canada, according to a press release. Poynt is a wireless, dual touchscreen, smart terminal that debuted in 2013. "Poynt makes the payment experience easy and engaging for customers, which...

Square brings contactless reader to Canadian merchants

Square’s contactless and chip reader is now available to local businesses across Canada, according to a press release. The device accepts contactless cards and Interac Flash, as well mobile wallets such as Apple Pay and Android Pay. "Businesses of all...

Safaricom expands availability of M-Pesa NFC product

Safaricom has announced the availability of M-Pesa 1Tap in Nairobi, Mombasa, Kisumu, Eldoret and Nyeri after what the company calls a successful four-month trial, according to a press release. M-Pesa 1Tap is supposed to be faster way to pay with...

Oakland A's tested NFC ticketing during last homestand

Major League Baseball's Oakland A's franchise recently tested NFC ticketing, which enabled fans with a Apple iPhone or Apple Watch to enter the Oakland Alameda Coliseum by tapping their device to a ticket scanner, according to a report from TechCrunch. The A's tested NFC ticketing during its last homestand of the year.

China UnionPay links with Apple Pay for subway fares

China UnionPay is playing nice with Apple as the companies have joined forces to enable commuters in one city to pay for subway fares via Apple Pay, according to a report from the South China Morning Post. Subway riders with...

Drink Command makes it easier to self-serve, pay for beer

An Ireland-based company called Drink Command has released a new self-service draft beer system that enables customers to pour and pay for their drinks directly at the beer tap with the help of a full-service payment management system from Verifone,...

Thinfilm launches NFC Scanner app for iPhones

Thinfilm Electronics ASA, a provider of NFC mobile marketing and smart product products, has debuted its new NFC scanner app for iPhone users, according to a press release. With the release of iOS 11, Apple has extended the iPhone's NFC...

Youtap debuts cloud service for mobile money and payments providers

Youtap is launching Youtap Cloud, a payment processing platform delivered as a cloud service for mobile money and payment providers in developing markets, according to a press release. Youtap Cloud enables real-time transaction processing for contactless mobile money and bank wallet payments.

Alipay expands to Nordic region with retailer pacts

Alipay has signed separate memorandum of understandings with Finpro (Finland), Svensk Handel (Sweden) and the Scandinavian Tourist Board, which will enable merchants across the Nordic region to accept payment via Alipay and reach Chinese customers before, during and after their...

Aldi to accept contactless payments at all locations

Grocery chain Aldi will now enable shoppers to pay for their items with any contactless payment method, including mobile methods such as Apple Pay, as well as plastic cards and wearables, according to a press release. "We're continually innovating to...

Study: Consumers not keen on facial ID for payments

A new survey by Juniper Research has found that more than 40 percent of iOS users in the U.S. consider themselves unlikely to use facial recognition as a payment security technology, according to a press release. Contactless payment users consider...

Europeans lead charge with mobile banking, payments, according to Visa survey

The uptake of mobile devices to manage money, conduct banking and make payments is greater than ever in Europe as 77 percent of Europeans now use their mobile devices to keep track of their finances and make everyday payments such...

Revel Systems launches enhanced payments platform

Revel Systems last week announced Revel Advantage, which is intended to be a simplified payments products for business that processes credit cards and multiple payment forms as an integrated component of the Revel POS system, according to a press release....

Apple readies NFC tag reading in iOS update

Apple has announced that iOS 11 will bring the ability for iPhones to read NFC tags for the first time.  The new update, which drops September 19, will be available to owners of the iPhone 7 and 7 Plus in addition to the new iPhone 8 and 8 Plus, according to Apple at its Sept.

Cubic, Transport for London launch mobile ticketing app for Oyster card customers

Cubic Transportation Systems, a business unit of Cubic Corporation, and Transport for London are launching the Transport for London mobile ticketing app for Oyster card users in London, according to a press release. The mobile app — designed by Transport...

BofA, FitPay hope to expand IoT payments with new pact

Bank of America and FitPay, a wholly-owned subsidiary of NXT-ID Inc., are extending contactless payment capabilities to a range of new devices, giving Bank of America customers more payment options. The collaborative effort, according to a press release, enables Bank...

Get listed in the 2017 Mobile Wallet Comparison Guide

Mobile Payments Today is continuing to prepare the 2017 edition of the Mobile Wallet Comparison Guide. If your company provides a mobile wallet, you're eligible for a free listing in this guide. Please note the guide is meant for mobile wallets that consumers can use in multiple locations and not limited to a single retailer.

Study: Mobile payments reach tipping point in some countries

Mobile wallet adoption is on the rise globally, and the U.S. and Europe are catching up with fast-growing economies in Asia and Latin America where mobile wallets have already become the dominant payment platform, according to new benchmark data from ACI Worldwide and Aite. The research shows that 17 percent of U.S.

Study: Proximity mobile payments to reach $49.2B in 2017

The value of U.S. proximity mobile payment transactions will total $49.29 billion in 2017, up 78.1 percent from last year, according to a study from eMarketer. Though the growth rate will remain in double digits through the forecast period, it will slow down to 23.9 percent in 2021.

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