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.

Barclaycard reflects on 10 years of contactless payments in the UK

Barclaycard marked the 10-year anniversary of launching contactless payments in the U.K. last week with figures that show how the technology has benefited consumers and merchants. Over the past decade, more than 60 billion pounds ($78.1 billion) has been spent...

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...

Alipay acceptance comes to Starbucks in Malaysia

Alipay is now available as a payment method for mainland Chinese tourists at all 242 Starbucks branches across Malaysia, according to a press release. Chinese tourists can find the nearest Starbucks location in Malaysia through the in-app Discovery platform, and...

Square opens showcase in Manhattan

Square has opened a showroom in Manhattan to enable perspective customers to test the company's products before purchase. "As we've grown from our original reader and POS software to an ecosystem of tools that help you run your business, we...

Barclaycard puts modern twist on classic treat with 'contactless' ice cream cones

Barclaycard has put a unique, modern twist on a classic summertime treat in the U.K.

Europe's SIX Payment Service touts trend toward cashless events

SIX Payment Services, one of Europe's largest card transaction processors, is assisting events organizers across Austria, Belgium and the Netherlands to go cashless this year. The trend toward cashless events is growing, and includes sporting competitions, music festivals, food and...

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