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Gemalto and Worldline join for Issuer led mobile payment deployment
Worldline and Gemalto are working together to enable seamless onboarding of banks and card issuers to mobile payment wallets provided by device manufacturers. With this agreement, the two industry leaders will be able to offer banks an end-to-end ready-to-use and customisable service. As a result, issuers will benefit from quick time-to-market, flexibility and control of [...]
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Global mobile payment market to reach $620 billion in 2016
With major smartphone brands Apple and Samsung making a big entrance into...
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MintChip digital currency acquired by NanoPay
The Royal Canadian Mint’s fledgling digital currency program, MintChip, has been acquired by local startup NanoPay which has plans to commercialize the technology this year. NanoPay, which has developed a mobile payment service it says is similar to Apple Inc.’s “Apple Pay” system, acquired MintChip from the Mint in December for undisclosed terms, NanoPay Chief Executive Laurence Cooke told The [...]
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Apple Pay to launch in China with UnionPay
Apple Pay has teamed up with bank-card processor China UnionPay and 15 Chinese banks to bring the mobile payment service to China as soon as early 2016. The move, which was reported last month still requires testing and certification by Chinese lenders. The deal will bring Apple Pay to a market where electronic payments have already taken [...]
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China UnionPay launch Quick Pass mobile payment service
China UnionPay, China’s largest payment and clearing network, joined with more than 20 lenders to introduce Quick Pass, a new mobile payment service, in a bid to win back market share from third-party payment leader Alibaba Group’s Alipay affiliate. Using NFC (near-field communication) technology, UnionPay’s service lets users pay for purchases by tapping their smartphones [...]
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