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Google has Android Pay. The internet giant outlined a set of APIs that will allow developers to add an Android Pay button to their app and banks to enable payments in their existing applications, facilitating in-app and in-store payments on Android devices with KitKat 4.4 and above. This is a big deal. With 70% of [...]

The post How Does Android Pay differ from Apple Pay & Samsung Pay for banks? appeared first on Payments Cards & Mobile.

Visa Inc. has announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new and mobile payments and commerce services. Visa’s new Digital Enablement Program (VDEP) builds on the company’s secure token technology and adds a turn-key, toll-free commercial framework accessible to more than 14,500 Visa financial institution [...]

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The explosion in NFC mobile payments has gifted banks and financial institutions with a variety of deployment options and, at the same time, made the task of selecting the right route to market more complicated than ever. For this reason, Mobey Forum’s latest white paper, ‘NFC Mobile Payments: An Industry Snapshot’, aims to provide a [...]

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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 [...]

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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 [...]

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