mobile payments

Money Was the Theme of the Week in MIDW’s Top Stories

Money Was the Theme of the Week in MIDW’s Top Stories

Looking back on this week’s most popular articles on Mobile ID World, it’s clear that money was the big theme. Breaking that broad theme down further, a major topic was digital wallets. Mezu and Mastercard announced a new digital debit card for mobile payments, and a cryptocurrency wallet revealed some hard evidence of the security…

Mezu and Mastercard Introduce New Digital Debit Card

Mezu and Mastercard Introduce New Digital Debit Card

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…

G+D Helps Bring LG Pay to the United States

G+D Helps Bring LG Pay to the United States

“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…

Visa to Promote Biometric, Mobile Payment Tech at Tokyo Olympics

Visa to Promote Biometric, Mobile Payment Tech at Tokyo Olympics

The 2020 Tokyo Olympics and Paralympics are just a year away, and as the Olympic Games’ Worldwide Payment Technology Partner, Visa is once again gearing up to promote cutting-edge payments technologies among attendees and even participants. Working with its partners, the financial services giant promoted the use of wearable payment devices – including a wristband…

DriverDash Lets Shell Customers Pay for Gas Without Leaving the Car

DriverDash Lets Shell Customers Pay for Gas Without Leaving the Car

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…

Contactless CPI Tech Powers Fit Pay’s Cryptocurrency Payment Device

Contactless CPI Tech Powers Fit Pay’s Cryptocurrency Payment Device

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.…

Nxt-ID Board Approves IoT Payments Spinoff

Nxt-ID Board Approves IoT Payments Spinoff

“At its outset, PartX’s platform revolves around the tokenization of payment card details, which helps to secure digital transactions.” Nxt-ID, the parent company of wearable payments specialist Fit Pay, is launching a spinoff subsidiary that will manage its IoT payments activities. The spinoff, which was recently approved by Nxt-ID’s Board of Directors, will be called…

NTT DOCOMO Joins Mobile Payment Alliance to Promote Cashless Transactions

NTT DOCOMO Joins Mobile Payment Alliance to Promote Cashless Transactions

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…

World Cup Analysis from Visa Shows Consumer Shift to Contactless Payments

World Cup Analysis from Visa Shows Consumer Shift to Contactless Payments

During the group stage of the FIFA Women’s World Cup, Visa found that fans across the host cities in France made purchases using contactless payment technology 51 percent of the time. The financial services giant, which is FIFA’s Official Payment Services Partner, says these purchases were performed using a variety of mechanisms, including smartphones, wristbands…

IDEMIA and G+D Form Independent Alliance on Payments Industry Standards

IDEMIA and G+D Form Independent Alliance on Payments Industry Standards

IDEMIA is joining forces with G+D Mobile Security to form the White Label Alliance, a new, independent organization that will work to establish global standards for the payments industry. The standards will be based on existing EMV technology, and will cover all aspects of the industry, including payment cards, terminals, and mobile devices. “Supporting open…

uBuck Pay is a New Digital Wallet Designed for People Without a Bank Account

uBuck Pay is a New Digital Wallet Designed for People Without a Bank Account

LiteLink is launching a new digital wallet designed for customers without a bank account. Developed by the LiteLink subsidiary uBUCK Technologies, the new payment app is called uBUCK Pay and is scheduled to begin its closed beta in June 2019. uBUCK Pay is built on the Waves blockchain, and has a few features that are…

Apple Pay Arrives in Iceland

Apple Pay Arrives in Iceland

The Apple Pay network continues to expand. The tech giant has announced that its biometrically secured mobile wallet platform is now available in Iceland, launching with support from the Icelandic banks Arion Banki and Landsbankinn. More banks are expected to add support for the platform in the not-too-distant future. To use Apple Pay, Arion Banki…

IDEMIA Provides Metal Payment Card for Elite KFH Clients

IDEMIA Provides Metal Payment Card for Elite KFH Clients

The Kuwait Financial House (KFH) will be offering laser-engraved, one-of-a-kind metal payment cards to a select group of elite clients. The cards will be produced by IDEMIA, and have been designed with an eye towards status as much as security. In other words, the metal cards will only be given to KFH customers with a…

NXP and Google Pay Update Melbourne’s Transit System

NXP and Google Pay Update Melbourne’s Transit System

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.   …

Apple Innovates on the Credit Card Concept with Biometric Security, Daily Cash Back

Apple Innovates on the Credit Card Concept with Biometric Security, Daily Cash Back

“A titanium physical card will also be available for shopping in stores, but the card won’t feature a card number, CVV, signature, or even an expiry date – all of that information will need to be accessed from the iPhone.” The rumors were true: Among its other announcements this week, Apple has unveiled a new…

Report Shows Mobile Wallet Usage Rates will Continue to Rise Through 2020

Report Shows Mobile Wallet Usage Rates will Continue to Rise Through 2020

The growth of mobile wallets doesn’t look like it’s likely to slow down anytime soon. That’s according to new research from Germany’s yStats.com, which indicates that the usage rates for Apple Pay, Samsung Pay, and Google Pay will continue to rise through 2020. Apple Pay was the most popular of the three, and is expected…

Apple Pay Now Has 383 Million Users: Loup Ventures

Apple Pay Now Has 383 Million Users: Loup Ventures

Apple’s biometrically secured digital payments platform continues to attract new users, according to a new analysis from Loup Ventures. The venture capital firm had estimated in August of last year that Apple Pay had attained 31 percent of active iPhone users; now, after assessing data points from Apple’s December 18th earnings call, the firm says…

Mobile Money Accounts Jumped 20% in 2018: GSMA

Mobile Money Accounts Jumped 20% in 2018: GSMA

Money is going mobile in a big way, suggests a new report issued by the GSMA on the occasion of this year’s Mobile World Congress. Among the notable findings in the mobile alliance’s new “State of the Industry Report on Mobile Money” is the news that at the end of 2018, there were over 866…

Mobile Biometric Retail Payments Come to Romania

Mobile Biometric Retail Payments Come to Romania

Romania is getting its first biometric payment system thanks to a new partnership between Wirecard and Oney Bank. The two organizations will collaborate on Well.com, a mobile app that will allow customers to use their fingerprints or a QR code to authorize payments in Auchan Retail stores throughout the country. “Payment methods are continuously improving…

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