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NFC-enabled handset shipments to reach three-quarters of a billion in 2015

Shipments of NFC-enabled handset are projected to increase to 756 million in 2015, up from 444 million in 2014, according to latest research from IHS Technology. NFC Research Key Findings: Payment has been seen as the driving application for NFC over the last seven years. Payment is one of the few globally interoperable applications where there is contactless acceptance which… Continue reading >>

Barclaycard expands bPay wearable range

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 used to pay for transactions… Continue reading >>

Cash remains king for consumers

Annual figures from the Bank of England show the British public retains a stubborn attachment to paper money, despite rapid innovations in higher-tech methods of payment such as contactless cards or mobile wallets. The total value of banknotes in circulation jumped 6% last year, led notably by demand for £20 notes, which comprise about two-thirds of the notes in circulation… Continue reading >>

Candian telcos launch mobile wallet app Suretap

As companies globally race to position themselves in the swap of physical wallets and plastic cards for virtual ones, Canada’s largest telcos unveiled the grand expansion of their mobile payments app – Suretap. The Suretap app was first launched last year by Rogers but has been rebooted as a joint venture with Bell, Telus, Koodo and Virgin. The wallet is now available… Continue reading >>

ICA Banken goes contactless with Oberthur

Oberthur Technologies, a global digital security solutions specialist, and Sweden’s ICA Banken have announced the launch of the first dual interface contactless payment cards in Sweden. ICA Banken and Oberthur will distribute 500,000 cards to ICA Banken customers in the coming months. The Swedish group will take advantage of OT’s expertise in dual interface NFC migrations and capacity to produce… Continue reading >>

Virgin Money chooses MasterCard for debit cards

MasterCard has announced that Virgin Money has entered a long-term agreement to issue contactless-enabled MasterCard debit cards to the bank’s growing customer base. According to MasterCard, it has developed a strong proposition and track record of working with challenger banks and new entrants to the banking sector to add to the choice and competition available to customers. The new agreement between… Continue reading >>

Judo Payments confirmed as payments platform provider for Apple Pay

Judo Payments has confirmed its announcement as one of the payments platform providers selected to support Apple Pay when it launches in the UK in July. The integration of judo’s technology with Apple Pay will give consumers an easier way to pay within mobile apps downloaded onto a registered Apple device. By simply using Touch ID, users on supported Apple devices… Continue reading >>

The Bancorp partners with MeaWallet

The  Bancorp  and  MeaWallet  have  agreed  to  a  strategic partnership  to  deliver  open  loop  mobile  prepaid  cards  to  The  Bancorp  card  issuers  in Europe, with  the goal  of  launching  the  first  commercial  card  program  Q4  of  2015. The  MeaWallet  cloud-based  mobile  payment  platform  will  be  used  to  issue  digital mobile  prepaid  cards.  The  partnership  provides  existing  and  new  customers  of  The… Continue reading >>

Apple Pay comes to the UK in July

Apple Pay is coming to the UK in July, enabling millions of Apple device owners to use the tech giant’s mobile payments service. So far, MasterCard, Visa, eight UK banks and other payment players like First Data have announced support for Apple Pay. MasterCard says that for consumers and merchants alike, every purchase made with a MasterCard using an iPhone… Continue reading >>

Apple Pay UK availability details leaked

Availability of the iPhone 7 and Apple Pay have leaked online just hours ahead of Apple’s Worldwide Developer Conference (WWDC) keynote. Reports emerged about Apple Pay’s UK launch date, and Apple is tipped to announce an expansion of the service during its WWDC keynote on Monday. That’s according to The Telegraph, which has heard from “industry sources” that Apple Pay will arrive… Continue reading >>