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Barclaycard is set to ramp up its investment in contactless technology with the introduction of new form factors, including NFC stickers for mobile handsets and pre-paid wristbands for festival goers. The UK-based bank has also revealed that it is in discussions with Square, the San Francisco-based mobile payments start-up that provides technology for converting iPhones [...]

The post BARCLAYCARD IN DISCUSSIONS WITH SQUARE AS IT EXPLORES CONTACTLESS FUTURE appeared first on Payments Cards & Mobile.

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MBNA, Europe’s largest credit card lender, has begun a two-year programme to roll out contactless credit cards for its millions of UK customers. MBNA’s commitment means that more than 5 million MBNA-issued credit cards will have contactless technology by the end of 2011. That is in addition to around 10 million contactless-enabled credit and debit [...]

The post Millions of UK credit cards to go ‘contactless’ appeared first on Payments Cards & Mobile.

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PayPal and Barclaycard have released statistics demonstrating the rise of mobile and contactless payment methods in the UK. EBay unit PayPal claims a million Brits have now used its technology to make a payment or send money using their mobile phones. The firm has been in m-payments since 2005 and was one of the first [...]

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The number of Visa contactless cards in use in the UK is expected to reach 12 million by the end of 2010 according to Visa Europe. The number of its contactless cards currently in circulation passed the 8 million mark in June and this will continue to climb in 2010 as more banks introduce the [...]

The post Visa contactless cards expected to reach 12 million in the UK by end of 2010 appeared first on Payments Cards & Mobile.

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Some 1, 000 DBS customers with StarHub mobile plans will be the first in Singapore to use the NFC mobile payment trial service for everyday payments. The trial will commence in December 2010 and will last for eight months. The project, which was collaboratively organised by DBS Bank, EZ-Link, Gemalto, MasterCard and StarHub, will involve [...]

The post StarHub Singapore trials NFC m-payments appeared first on Payments Cards & Mobile.

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