MasterCard on exploding contactless payments and tokenisations
Mobile Payments World interviews Chris Kangas on how MasterCard technology platform is being used to support the exploding contactless market and innovations like tokenisation of payment card credentials on the MasterCard platform for MasterCard Issuers...
Chip and PIN cards remain consumers’ first choice over contactless
Online research from Equifax, shows that using a debit or credit card with a PIN number is still the preferred method of payment for 42% of people in the UK. Contactless methods followed at...
Mobile payments soar 300% as part of the contactless revolution
As the recently launched iPhone X makes mobile payments even easier with Face ID, MoneySuperMarket reveals that a quarter (23%) of Generation Z predicts physical cards will soon be obsolete as mobile payments reign supreme.
The new...
HCE and EMV Tokens – causing an inflexion point in mobile payments proliferation
In the Netherlands, mobile payments using HCE are becoming ubiquitous. Other European countries, such as Belgium, France or Germany follow the same trend, with adoption rate reaching in some cases 40% yearly increase.
One of...
Research reveals banks’ attitudes to HCE
Global bank-led industry association, Mobey Forum, has published a white paper detailing the results of a survey that outlines the attitudes of its international membership toward the adoption of host card emulation (HCE).
The survey...
Contrasting HCE and SIM secure element approaches to NFC payments
Digital payments experts Consult Hyperion, in conjunction with the GSMA, have published a guide to help banks and mobile operators understand the Host Card Emulation (HCE) and SIM Secure Element approaches for NFC payments.
The...
Success of contactless peaks as shoppers demand wearable payments
One quarter (26%) of British shoppers expect to start using contactless payments with a smartwatch, bracelet, keyring or other forms of wearable payments, according to new figures from Mastercard.
In the UK, contactless spend on...
The World’s most cashless countries – Infographic
A new study has found the countries among the 20 largest economies who are adapting quickest to using cashless systems like phones and contactless cards – revealing that Canada narrowly edges out Sweden for...
Analytics and loyalty will drive proximity payments growth
Mobile proximity payments have to date proven lacklustre and despite hundreds of millions spent on developing these platforms, consumer take-up remains low.
While the reasons for this are many, the application of loyalty rewards and...
Dubai First’ to launch NFC in region
Dubai First and du, the UAE's integrated telecom services provider, have announced a joint partnership for the launch of the first NFC-based pilot programme for mobile payments in the Middle East and North Africa...
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Payment industry history with first AES DUKPT key management implementation
Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10.
Co-designed by Verifone, AES DUKPT...
