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SK Telecom launches T Smart Pay
SK Telecom is heading into the mobile payment market with T Smart Pay. The T Smart Pay service, to be launched at the end of this year, is based on contactless NFC. The charge goes onto customers’ phone bills at the end of the month. Mobile carriers, smartphone producers, financial firms, distributors, portal sites, and Internet companies [...]
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The next decade of payment innovation
VocaLink has spearheaded a collaborative whitepaper – titled Moving Money 2025 – bringing together the leading voices in the payments industry to predict how payment innovation could change by 2025 and the impact this will have on consumers, businesses, charities and even our interaction with the state. To accompany the report, 2000 consumers were also polled [...]
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Barclaycard contactless mobile payments for Android phones
Barclaycard has become the first to launch ‘pay by mobile’ on Android by expanding the functionality of its mobile app to include contactless mobile payments and real-time replacement for lost or stolen cards. From November, the UK’s leading credit card provider will introduce a contactless mobile payments feature to its existing customer app that will transform [...]
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Samsung Pay: interview with EVP Injong Rhee
There has been a lot of enthusiasm for Samsung’s mobile wallet, Samsung Pay, and the ways in which it differs from other mobile payment systems. Samsung Pay launched in Korea last month, and the mobile payment solution has already proven its biggest advantage is its nearly universal merchant acceptance with both of NFC and MST(Magnetic [...]
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Android Pay launches in USA
Google is to (finally) roll out Android Pay, its one-touch payment app on Android devices – which competes directly with Apple Pay, in more than 1 million locations in the US. The payment service can be used through Android devices with near-field communication (NFC) technology and Google’s KitKat 4.4+ operating system. Android Pay will compete with Apple Pay [...]
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