A wide range of partners, attractive handsets, simplified adoption and a flexible regulatory regime all contribute to the take-up of NFC-based services, according to the participants in a Mobile Money Live webinar. Read more...
Swedish firm iZettle has launched a beta in the UK of its dongle that enables small businesses to process card payments using an iPhone or iPad. Users wanting to participate in the company’s invite-only trial must download its app and request one of 3,000 dongles the company is making available in the UK. Read more...
Japanese mobile operator KDDI will this summer offer the first handset that supports both NFC and Felica, Japan’s contactless payment system. Read more...
Canada’s leading mobile operator Roger and CIBC, which is the country’s fifth largest bank, are to launch what they claim will be the country’s first mobile payment service later this year. The new service will enable Rogers subscribers with a NFC handset to make payments on their CIBC credit cards in retail outlets. Read more...
Isis has signed up nearly 50 local merchants in its launch cities of Austin and Salt Lake City as well as seven national merchants where its subscribers will be able to make payments using its mobile wallet. These are the first local merchants announced by Isis for its forthcoming launch in the two US cities. Read more...
orty two percent of respondents in Mobile Money Live’s poll thought that the take-up P2P mobile money services will be limited until mobile operators solve interoperability issues. Read more...
Leading financial institutions in Canada have published a set of guidelines for how NFC-based payments via mobile phone at the point of sale can be offered in the country. Read more...
A limited edition of the new Samsung Galaxy S III will be used by selected athletes and triallists to make mobile payments at retail locations in London during this summer's Olympics. Read more...
Digicel Pacific, the mobile operator with a presence in a number of markets across the Pacific region, has launched an NFC-capable mobile wallet that does not require a subscriber to have a bank account, credit card or smartphone in order to make payments using their mobile phone. Read more...
American Express credit cards will appear in Isis’s mobile wallet when the mobile operator-based joint venture launches later this year, the two companies have announced. Read more...
John Partridge, president of payments giant Visa, today said that the time is right for mobile payments to move into the mainstream in developed markets, following the previous success of mobile money services offered in emerging countries. Read more...
The GSMA has received an additional US$9.8 million from the Bill & Melinda Gates Foundation, The MasterCard Foundation and Omidyar Network to continue with the existing Mobile Money for the Unbanked (MMU) programme over the next three years. Read more...
PayPal and Softbank are to establish a joint venture in Japan that will offer mobile payments starting with the launch this summer of PayPal Here, the dongle-based service which enables smaller businesses to process payments from customers. Read more...
US payments terminal vendor Verifone is the latest company to announce it will offer small businesses a dongle they can attach to a smartphone or tablet as a means to process payments from customers. Read more...
LIVE FROM CTIA WIRELESS 2012: MasterCard announced its PayPass Wallet Services, a portfolio of services which Ed McLaughlin, the company’s chief emerging payments officer, said at the launch event are “designed to deliver very safe, very simple smart transactions, both online and in store, that leverage the digital environment, to give a better shopping experience for both consumers and merchants.” Read more...
US vendor has signed carrier billing agreements with two mobile operators whereby their subscribers can purchase virtual and digital goods and then make the payment for them via their mobile phone bill. Read more...
Credit card giant MasterCard has announced 17 NFC handsets have been certified for use with point-of-sale terminals based on its PayPass technology including the Nokia Lumia 610 NFC, HTC One X and Intel Smartphone Reference Device. Read more...
The EC has delayed the deadline for its in-depth inquiry into the proposed mobile payment venture between leading UK mobile operators, says Bloomberg. The new date by which the commission says it will announce its decision is 19 September 2012 which is an extension on the previous date of 27 August 2012. The commission announced last month that it would opening an in-depth inquiry into the venture between Vodafone, O2 and Everything Everywhere. Read more...
Samsung has announced the Galaxy S III, the third generation of its flagship handset whose specifications include NFC both for making payments and sharing content via an enhanced version of Google’s Android Beam feature. Read more...
William Lynch, the CEO of Barnes & Noble (B&N), says the US bookseller will embed NFC chips in its Nook e-book reader as soon as this year. Read more...