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Vodafone wallet to accept contactless card payments
Vodafone customers will soon be able to add bank cards to their Vodafone Wallet and use smartphones to pay for goods and services at contactless terminals. Following new agreements with Visa and Carta Worldwide, contactless card payments via Vodafone Wallet will be enabled in European markets from Q2 2015 onwards. This service, which requires a Vodafone [...]
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Apple Pay simplicity raises fraud concerns
A recent rise in fraudulent Apple Pay transactions raises concerns among security analysts that the service’s simplicity may be a major weakness. Users only have to open the app on smartphones and enter a credit card number, the expiration date, and the verification code, and then Apple scores those users as safe or risky according [...]
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ANZ bank integrate HCE wallet
ANZ has announced it will release an HCE mobile wallet application later this year as an upgrade to its popular goMoney app in New Zealand. Available to around 120,000 customers at launch, the wallet enhancement to ANZ goMoney will enable customers to make contactless payments with just one tap of their Android smart phones. Liz Maguire, ANZ’s [...]
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Türk Ekonomi Bankası launches mobile payment app using Visa’s HCE technology
Türk Ekonomi Bankası (TEB) has announced it will launch a mobile contactless payment application, powered by Visa Europe’s HCE (Host Card Emulation) technology. The application will use the HCE functionality that is gathering pace across Europe as NFC enabled smartphones become widespread. The application allows the bank’s customers to perform quick and secure contactless transactions via [...]
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More than half of global professionals use their mobile phones for payments
In a recent survey of over 300 global business professionals by Timetric, respondents were asked if they use mobile phones for payments and if it is set to change over the next six months. More than half of the respondents (52%) indicated they use their mobile phones for payments, with business professionals in Asia-Pacific (58%) [...]
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