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Increasing appetite for mobile contactless payments in Germany
Mobile contactless payments based mobile payments are gradually gaining prominence in Germany, with consumer preference for secure payment services also gaining ground, finds a new report by Timetric. According to the report, mobile penetration witnessed a healthy growth during the review period, rising from 128.3% in 2010 to 134.3% in 2014. One of the primary [...]
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Apple Pay fights over fees with big Australian banks
According to Sydney Morning Herald, Australia’s largest banks are fighting with Apple, as it tries to muscle Apple Pay into the hotly contested payments market. According to sources, fees are a big sticking point in the negotiations, with big banks not willing to give Apple a slice of the $2 billion a year they earn in interchange fees, which are paid by [...]
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European Issuers can thrive in a tokenisation enabled ecosystem
TSYS has announced the publication of a new white paper titled “How European Issuers Can Thrive in an Ecosystem Defined by Tokenisation-Enabled NFC Payments.” The white paper explains that the recent growth and rising popularity of m-payment services and mobile wallet apps have led to significant opportunities for the financial industry to leverage m-payments. Consumers can [...]
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