Apple recently revealed that it is paying close attention to the growing cryptocurrency trend, though it’s not yet clear what role the company would like to play in the evolving market. “We’re watching cryptocurrency,” Apple Pay VP Jennifer Bailey told CNN during a private event. “We think it has interesting long-term potential.” “This would be…
Mezu is teaming up with Mastercard to release a digital debit card that will allow Mezu users to make purchases anywhere Mastercard is accepted. Mezu is a mobile payments app that does not share any personal information or transaction history with third parties and leverages biometric authentication for added security. The partnership with Mastercard will…
“We consider the partnership with LG as proof of the market leadership of our mobile payment solutions competence and look forward to continue developing LG Pay together with LG.” G+D Mobile Security is providing cloud payment services to help LG bring the LG Pay platform to the United States. The US is the first country to…
Shell and WEX are releasing a new mobile app that will allow drivers to pay for gas without needing to leave their cars. WEX Fleet DriverDash processes payments electronically, using a smartphone’s biometric features to authenticate each transaction. “DriverDash delivers increased security and control for fleet managers, while offering drivers a faster and easier…
Fit Pay is utilizing the CPI Card Group’s Adaptives contactless payment technology in its Flip payment device. The Flip operates much like any other NFC device, but is noteworthy because it allows owners make retail purchases with Bitcoin and other cryptocurrencies once those currencies have been converted to US dollars and loaded onto the device.…
NTT DOCOMO is joining forces with the LINE Pay Corporation and Merpay, Inc. in an effort to promote cashless transactions in Japan. The three companies respectively operate the d Barai, LINE Pay, and Merpay mobile payment platforms, and will each redesign their apps to allow them to recognize QR codes and payments from the other…
“This could prove to be an important step forward in online security as more and more payment transactions are performed over online channels.” The biggest industry associations in the fields of payments, the internet, and authentication have announced a new cross-industry interest group aimed at fostering security and interoperability for online payments. The groups involved…
Public Transit Victoria (PTV) has integrated NXP’s MIFARE 2GO to create a mobile version of its myki transit cards. MIFARE 2GO is a cloud-based Android platform that will allow Australian commuters in Melbourne and the surrounding area to forego physical tickets and ride the bus, train, or tram after purchasing a fare with Google Pay. …
“The company’s Financial Institutions, Connected Objects, and Mobile Operators divisions are all joining together to form the Secure Enterprise Transactions, or SET, division.” IDEMIA has announced further changes to its corporate structure, a little over a year after its last major overhaul. Essentially, the changes comprise the consolidation of three previously discrete business units. The…
“Based on the FitPay mobile payments platform, Garmin Pay allows users to upload their payment information so that they can make contactless, tap-to-pay purchases using their wristband devices.” Garmin Pay has a big new supporter: Discover has announced that its credit cards can now be used together with the wearables-focused mobile payments platform. The news…
Apple is not alone in gaining support for its mobile payments platform from Target: The major US retailer has announced that it’s also preparing to enable support for Google Pay and Samsung Pay. Apple announced its support yesterday, marking something of a breakthrough in its efforts to gain support among US merchants. Target was one…
“…the system will use biometric authentication to confirm the payments, with Visa and SiriusXM suggesting in a statement that they’re consider the use of voice recognition and fingerprint scanning through the dashboard’s touchscreen.” SiriusXM is getting into the payments business, with a Visa partnership aimed at delivering in-car payments to consumers. Thanks to the companies’…
Switzerland’s Competition Commission, WEKO (for “Wettbewerbskommission”), has raided the offices of Credit Suisse, UBS, TWINT, and other domestic financial services providers in a probe concerning unfair business practices toward mobile payments platforms including Apple Pay and Samsung Pay. WEKO says it is investigating the possibility that these organizations have organized a boycott of the mobile…
“…the new Google Pay supporters are mostly small and mid-range in size, with examples including the Bank of Colorado, Freedom Northwest Credit Union, and The Cooperative Bank of Cape Cod.” Google has dramatically extended its Google Pay payment platform’s base of support in the US, with the addition of 111 banks and credit unions to…
“…evidently the time has come for eBay to offer its end users more options for paying for their purchases, and that’s good news not only for Apple but for the likes of Samsung and Google, which may very well also seek to get their digital wallet platforms integrated into eBay’s system.” eBay is starting to…
