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Apple Pay, Biometrics, Contactless, Daily News, Digital Currency, HCE, Host Card Emulation, MasterCard, Merchant Payments, Mobile Payments, Mobile Wallet, NFC, Payment Systems, POS, Samsung Pay, Tokenisation, Visa, Wearable NFC -

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 [...]

The post Samsung Pay: interview with EVP Injong Rhee appeared first on Payments Cards & Mobile.

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Apple Pay, Contactless, Daily News, Issuing & Acquiring, MasterCard, Merchant Payments, NFC, NFC SIM, Samsung Pay, Wearable NFC -

Spending by British consumers on their contactless cards has increased more than five-fold in the last 12 months, according to MasterCard’s UK spending data. Cardholders have driven 560% year-on-year growth in the value of transactions, up from a 373% increase in the year to July 2014, showing that the adoption of contactless payments is continuing [...]

The post UK contactless card use skyrockets appeared first on Payments Cards & Mobile.

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Contactless, Daily News, HCE, Host Card Emulation, Issuing & Acquiring, MasterCard, Merchant Payments, Mobile Money, Mobile Payments, Mobile Wallet, NFC, NFC SIM, Tokenisation, Wearable NFC -

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 [...]

The post Increasing appetite for mobile contactless payments in Germany appeared first on Payments Cards & Mobile.

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Android Pay, Apple Pay, Contactless, Daily News, HCE, Host Card Emulation, MasterCard, mobile payments, NFC, NFC SIM, Processing & Systems, Samsung Pay, Wearable NFC -

As the world mourns the loss of a former king of the handset manufacturing world and Microsoft licks its wounds in writing down about $7.6 billion on the Nokia division, there is reason for optimism and excitement elsewhere in the handset manufacturing industry and this spells excellent news for the payments industry. The good news [...]

The post Global NFC handset sales drive payments cool factor appeared first on Payments Cards & Mobile.

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Contactless, Daily News, NFC, Wearable NFC, Wearable payments, Wearables -

Barclaycard is to roll out a range of wearable payment devices that can be used to make contactless payments across the UK, following a successful launch of its bPay band last year. bPay will consist of a digital wallet that is linked to one of three devices – a wristband, fob and sticker – and [...]

The post Barclaycard expands bPay wearable range appeared first on Payments Cards & Mobile.

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