Daily News RSS
Amazon kills P2P payments service
Amazon shut down its WebPay service, saying that the P2P money transfer service is not good enough to keep going. For several years, WebPay has let Amazon Payments users send, receive, and request money by entering a contact’s email address and the sum on a webpage. But with Google, Square and PayPal among the big [...]
The post Amazon kills P2P payments service appeared first on Payments Cards & Mobile.
TransferWise takes aim at banks
After hitting its £1 billion milestone and raising $25 million from Sir Richard Branson and others this year, TransferWise is now moving beyond the ‘early adopter phase’ to challenge the banks for the mainstream customer. As a first step towards this goal, TransferWise has launched a TV ad clearly taking aim at over inflated money [...]
The post TransferWise takes aim at banks appeared first on Payments Cards & Mobile.
EE extends contactless payment to London Underground
As reported in PCM yesterday, Transport for London (TfL) has extended contactless payment support to the full Oyster network and operator EE has expanded its mobile micropayment service accordingly. Cash on Tap – EE’s NFC-based contactless payment system that uses a prepay account to make payments up to £20 – was first launched on London’s buses a [...]
The post EE extends contactless payment to London Underground appeared first on Payments Cards & Mobile.
Domestic schemes – set for domination?
The launch of RuPay in India and plans for a Russian payment network indicate a resurgence in domestic schemes, but at what cost to the international players? While Europe’s banks and regulators are still mulling over the possibility of a third debit scheme in Europe to rival Visa and MasterCard, India and Russia are getting [...]
The post Domestic schemes – set for domination? appeared first on Payments Cards & Mobile.
How to secure HCE applications
E-security solutions provider, Cryptomathic, has published its latest white paper, which offers advice to banks and payment service providers on how to protect mobile banking, payment and (Host Card Emulation) HCE applications against security attacks. The paper, titled: ‘Protect HCE Mobile Applications ’ highlights the benefits that HCE brings to the market through simplifying and [...]
The post How to secure HCE applications appeared first on Payments Cards & Mobile.