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US proximity mobile payments hit $8.71 billion in 2015
Proximity mobile payments in the US are set to ramp up aggressively. Transaction value will triple in 2016 due to a growing user base, broader merchant acceptance and the greater frequency of consumers using their phones to make point-of-sale payments on medium- and high-priced products. As the barriers to using mobile phones to make point-of-sale [...]
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Microsoft bringing mobile payment to Windows 10
With all tech majors like Google, Apple and Samsung already offering mobile payment services, Microsoft has announced that is also planning to join the action. The payment system allows users to store credit cards, debit cards, loyalty cards, gift cards and other similar things. “Windows is going to have a wallet concept. You’ve seen it on phones [...]
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Success in the mobile payment space
Despite significant developments, especially in developed markets, no clear model or winner has been established yet for mobile payment. Hence, all players are still in a position to participate, as we believe the market will structure around global as well as local initiatives. There is an urgent call for all players to position and go [...]
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Digicash mobile payments
Auchan Luxembourg has kicked off the official launch of the 2nd generation of Digicash, the Luxembourg banks’ mobile payment product. The new version enables customers to link their Auchan Luxembourg loyalty cards to their bank’s App and get a best-in-class full contactless payment experience with the Digicash BEACONs. There is no longer any need to [...]
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Cybersecurity experts say mobile payments data breaches to grow
A survey of more than 900 cybersecurity experts shows that an overwhelming majority (87%) expect to see an increase in mobile payment data breaches over the next 12 months, yet 42% of respondents have used this payment method in 2015. The 2015 Mobile Payment Security Study from global cybersecurity association ISACA suggests that people who [...]
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