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The SIMalliance membership, which represents approximately 90% of the global SIM card market, has reported an 11% year-on-year increase in SIM unit shipments in 2014. Globally, the growth trend for NFC SIM shipments, which has now been evident over the past four years, continued throughout 2014, as units soared by 69% from 78 million in [...]

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Wirecard and Kairos Watches have announced a collaboration in the field of mobile payment services for wearables. Kairos will use Wirecard`s Payment Software Development Kit for its unique offering of hybrid mechanical smart watches and T-Bands. Wirecard will therefore enable Kairos to offer contactless payment transactions and value added services on every NFC-based terminal around the world. [...]

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The mobile money sector is one of the most fluid in the whole of the mobile ecosystem, with more players entering and exiting, new tech and services being launched or trialled. Here’s MEF’s quarterly update on the key players in the landscape. Defined by our Global Working Group it categories the ecosystem into in-store payments, [...]

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Some of New Zealand’s biggest banks and telcos have joined forces to launch Semble, a SIM-based NFC mobile payments service. Telcos Vodafone, 2degrees, Telecom teamed up with bank-owned payments network Paymark on the joint venture nearly three years ago, promising to enable New Zealanders to make secure payments, collect loyalty points and use public transport [...]

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According to a new research from Timetric, contactless payments have become a major tool for migrating consumer payments from cash to cards, particularly debit cards. “Contactless cards have gained popularity in the UK, contributing to the growth of payment cards transaction values over the last few years. Contactless technology is now a feature of around [...]

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