NFC mobile payments RSS
Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30% from 1.6 billion recorded at the end of 2017, according to a new study. The Juniper study claims that while contactless card payments were far more prevalent than NFC mobile payments in many markets, [...]
The post Global mobile wallet users to total 2.1 billion in 2019 appeared first on Payments Cards & Mobile.
Wells Fargo has announced a relaunch of its Android portal that will add support for contactless, NFC payments, ATM transactions, and more. Wells Fargo Wallet’s headlining feature is NFC. In an upgrade due out “later this summer,” customers will gain the ability to make payments at NFC-enabled POS terminals with any Wells Fargo debit or credit cards they’ve digitally saved. They’ll also [...]
HKT Payment, a subsidiary of Hong Kong Telecommunications (HKT) has launched a SIM-based NFC mobile payments service to let customers pay at more than 3 million locations worldwide which accept MasterCard PayPass, using funds stored in their Tap & Go mobile wallet account. In addition to in-store payments, the service lets users make P2P transfers by tapping [...]