UAE company partners with Oberthur to launch 'wearable' contactless payments

UAE Exchange, a global remittance, foreign exchange and payment products brand has partnered with Oberthur Technologies to launch a prepaid account that's linked to a mini contactless card users can slip onto a watchband, keyring, or other, similar item. The...

Partnership to let Wells Fargo customers make mobile payments via PayPal

Wells Fargo & Co. has announced that its retail customers soon will be able to use PayPal to make purchases with their NFC-enabled Android device at participating merchants whose payment terminals are set up to accept NFC payments. "We're looking...

PayPal now a payment method within Android Pay

PayPal has extended its relationship with Google to enable PayPal as a payment method within Android Pay wherever Android Pay is accepted, in-store, in-app and online, the company wrote in a blog post. U.S.

Report: Mobile contactless users to reach 150M in 2017

The number of OEM-Pay contactless users, including Apple Pay, Samsung Pay, and Android Pay, will exceed 100 million for the first time during the first half of 2017 before surpassing 150 million by the end of this year, according to...

Infinite Peripherals secures First Data approval for EMV device

Infinite Peripherals has been certified by First Data to accept mobile EMV payments via its integrated payment framework, according to a press release. The InfineaPay mobile EMV payment application and InfineaEngine semi-integrated payment framework are intended to help customers across...

Adyen revenues skyrocket in 2016

Adyen, a global payment processor, has announced that its 2016 revenue surpassed $700 million, up from $365 million in 2015, according to a press release. The news follows Adyen's previous disclosure that it processed $90 billion in transactions in 2016,...

New Zealand bank intros new Android Pay onboarding process

BNZ has announced that it is the first bank in the Asia-Pacific region to launch a new, easier way to set up cards in Android Pay. The new "push provisioning" capability is now available to all BNZ customers who have...

Demise of Softcard affected NFC SIM shipments in 2016

While the global NFC picture presents an expanding ecosystem, consumer uptake of SIM-based mobile payments has been lower in recent years than expected, according to a new report from the SIMalliance on 2016 global SIM shipments. The organization said that...

Visa, PayPal extend partnership to APAC region

PayPal and Visa have announced an extension of their U.S. partnership in the Asia-Pacific region that will see them work collaboratively to accelerate the adoption of secure, reliable and convenient digital and mobile payments for consumers and merchants in markets...

Australian banks lose decision on Apple Pay

The Australian Competition and Consumer Commission has issued a determination denying authorization to the Commonwealth Bank of Australia, Westpac Banking Corp., National Australia Bank, and Bendigo and Adelaide Bank to collectively bargain with Apple and collectively boycott Apple Pay, according...

Square arrives in the UK

Square has announced its launch in the U.K., marking the fifth country where it is available, along with existing markets Australia, Canada, Japan and the U.S. "We founded Square to empower small businesses with tools to accept all forms of...

Play ball: FIS works to modernize payments at minor league stadiums

FIS has announced an agreement with MiLB Enterprises LLC for FIS to be the official provider of financial business solutions to Minor League Baseball. The agreement enables FIS to provide advanced products to MiLB and its clubs in three key...

Samsung puts focus on contactless payments with new platform

Samsung Electronics has launched something it calls the Contactless Companion Platform, which will have a focus making contactless payments a reality using a smart card, wristband, key fob, or even a mechanical watch or a smart ring. Samsung has partnered...

ING Poland customers welcome new mobile payment service

ING Poland customers can now pay for goods or services using their Android smartphones following the launch this month of a new app that's capable of HCE mobile payments. ING teams in Poland, the Netherlands and Spain developed the Moje...

California company launches electronic fare collection system

California-based Delerrok Inc. has announced the launch of TouchPass, cloud-based electronic fare collection offered as a subscription service that uses either smart cards, a mobile app or barcode tickets. The Rogue Valley Transportation District in Medford, Oregon deployed the service...

LG Pay set to debut in South Korea

LG Pay is set to make its debut in June, but the new mobile payment system will only be available to consumers in South Korea, according to multiple media reports. LG will use a technology from the company Dynamics called...

Starbucks touts recent mobile success

Starbucks executives recently addressed the company's worldwide digital strategy, which includes its popular mobile app. CTO Gerri Martin-Flickinger and China digital VP Molly Liu said during the company's 25th annual shareholders meeting that Starbucks offers the largest and most robust...

U.S. Bank 1st to offer mobile payments for Visa commercial cards

U.S. Bank Corporate Travel Card clients will soon have the convenience of making expenditures via mobile with Apple Pay, Android Pay or Samsung Pay, according to a press release. This new functionality enables commercial cardholders to conveniently and securely pay on the go with compatible devices.

Report: Samsung Galaxy S8 to include facial recognition for mobile payments

Samsung will incorporate facial-recognition technology for mobile payments as a new feature in the upcoming Galaxy S8 smartphone, according to a report from Bloomberg. Bloomberg said that the updated Galaxy will combine fingerprint authentication with iris and facial recognition to...

Industry bodies align to standardize on-device NFC service management

ETSI, GlobalPlatform and the NFC Forum have detailed a standardized approach to implementing and managing NFC services across all technologies and platforms, according to a press release. The shared work initiative explains how to ensure that NFC services successfully coexist...

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The many faces of mobile payments