Category Archives: Contactless NFC

Contactless is king

Brits have gone contactless crazy according to data from Worldpay, which revealed that it has processed over £2 billion of contactless payments since January 2012. This surge is even more incredible as it was only in October 2014 that the company reached the £1 billion milestone. Data from the UK’s leading payment processing company shows the number of contactless transactions ...
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Google launch Android Pay

Google has unveiled its second crack at the payments market in the form of Android Pay, which will enable credit, debit, prepaid and small business cardholders to use their Android phones for everyday purchases in-store and within Android apps. The ubiquity of mobile phones is changing the way consumers pay. According to a recent Federal Reserve report1, 39% of all mobile payment ...
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Apple Pay users on the up

Apple Pay is becoming more and more frequently used each month, a bi-monthly study has revealed. In May, nearly half (46%) of iPhone 6 owners have successfully used Apple Pay. This marks a 4% increase from just two months ago. The study, carried out by Auriemma Consulting Group’s Apple Pay Tracker, interviews a new group of 500 iPhone 6 owners ...
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Postbank to trial Host Card Emulation

Germany’s Postbank is to run an internal pilot of an NFC mobile payments app operating in a Host Card Emulation environment. Postbank employees participating in the project will be able to use their Android smartphones at the checkout to make contactless payments with a tap of their phone at the cash register – according to press reports. The technology, supplied ...
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Cash overtaken by ‘non-cash’ payments in 2014

Figures published today show that the total number of cash payments made by consumers, businesses and financial organisations in the UK fell to 48% last year (from 52% in 2013). This is the first time that ‘non-cash’ payments have exceeded those made with cash, reflecting the steady trend to use automated payment methods and debit cards rather than pay by ...
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Samsung Wallet discontinued as LoopPay transaction revealed

Samsung Wallet will no longer be available for users beginning on June 30, 2015, according to an email sent to users as the handset giant preps Samsung Pay. Back in February 2015, Samsung acquired mobile payments company LoopPay, and unveiled that Samsung Pay will be integrated into the Galaxy S6, so this move is not a huge surprise, the source ...
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Mobile proximity payments

In a new report, Aite Group details how the installation of NFC-capable payment terminals, prevalence of NFC-capable smartphones, and emergence of tokenization and biometrics have created a great deal of consumer and merchant interest in mobile proximity payments. The space’s rate of change is breathtaking, and it is rife with competitive initiatives and disruptive market entrants. Can mobile proximity payments ...
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Apple Pay ready for China mobile payments launch

Apple CEO Tim Cook has strengthened speculation about the next destination for its mobile payment service Apple Pay with comments to Xinhua on a visit to China. “We very much want to get Apple Pay in China,” said Cook. Apple has been talking to local banks and e-commerce giant Alibaba about launching Apple Pay in the country – reports Mobile ...
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Orange Cash rolls out in Spain

The mobile payment service Orange Cash is to be rolled out in Spain. As part of the strategic alliance with the mobile operator Orange, Wirecard will provide the E-Money and scheme license as well as the technical platform needed to manage the mobile payment application. Users of Orange Cash can now make mobile payments at any contactless Visa terminal in ...
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Shipments of secure elements jump by over 12% in 2014

Eurosmart has released the 2014 figures for the worldwide secure elements shipments and the smart secure contactless markets as well as the corresponding 2015 forecast. The data provided by Eurosmart consist of the consolidated figures supplied by its member companies which comprise all major players in the industry. They are the reference point for information on and in the industry. “The ...
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