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A cashless future? CNN speaks with Payments Cards & Mobile

Payments Cards & Mobile is one of the featured contributors to a new CNN article examining new cashless payment technology including contactless cards and mobile payments. The article, which is part of CNN’s ‘Future Finance’ series, looks at how new ways of paying and spending are leading to a rise in cashless transactions. The area that’s currently seeing the biggest… Continue reading >>

Barclaycard bpay contactless wristbands offer data mining

Barclaycard, which recently laumched ‘bPay’ contactless wristbands, is offering businesses customer behavioural data mined from the wearable devices. Barclaycard will begin a full roll-out of bPay bands next year, allowing users who link their credit and debit cards to make low-value payments at over 300,000 locations in the UK. Barclaycard has joined forces with customer relationship management (CRM) specialists Green… Continue reading >>

Analytics and loyalty will drive proximity payments growth

Mobile proximity payments have to date proven lacklustre and despite hundreds of millions spent on developing these platforms, consumer take-up remains low. While the reasons for this are many, the application of loyalty rewards and benefits via the digital wallet is now seen by many as potentially the killer app that will help to finally ignite the long simmering mobile… Continue reading >>

EE unveils contactless payments plans with London Underground

As reported late July, London Underground, DLR and Overground trains are to accept contactless payments. From 16 September, customers will be able to tap their contactless debit card to pay for transport, complementing the existing Oyster card system. In support of this, mobile network operator EE has set out plans to expand its Cash on Tap app so that it… Continue reading >>

Apple and Visa to work together?

In another bout of analyst fuelled prospecting, Apple and Visa are now deepening their relationship – Pacific Crest analysts issued a report in which they declare that “we think a partnership between Apple and Visa would make strategic sense and believe an announcement could happen as early as this fall.” The report presumes the next model of the iPhone, an “iPhone 6,” will have contactless payments technology… Continue reading >>

UK contactless payments surge by 18%

The use of contactless cards to make contactless payments has continued to gain monthly momentum in the UK, according to figures released by Visa Europe today. Consumers made almost 20 million (19.7 million) contactless transactions across the UK in May 2014, an 18% increase on April 2014 alone. More than 37.8 million contactless cards have now been issued by UK banks,… Continue reading >>

PBZ to test HCE for mobile NFC payments on American Express network

Privredna Banka Zagreb (PBZ, Intesa Sanpaolo Group), Intesa Sanpaolo Card and American Express have initiated a pilot to test – for the first time – HCE (Host Card Emulation) for mobile NFC (Near-Field Communication) payments at POS terminals in Croatia. PBZ is the first American Express card-issuing partner to test HCE on the American Express global network. With HCE, PBZ… Continue reading >>

Nintendo launches NFC payments on Wii U in Japan

Japanese game console maker Nintendo is enabling gamers in Japan to purchase titles on Nintendo’s eShop by tapping their contactless NFC payment cards against their Wii U controllers. Nintendo is leveraging the console’s built-in NFC capabilities to let customers make payments with various contactless cards, including Suica, Pasmo Kitaca, Toica, Manaca, Icoca. Nintendo’s deal with the East Japan Railway Company… Continue reading >>

Asian telcos form NFC alliance

Four Asian telcos have formed an NFC alliance to ensure cross-border compatibility of mobile payment systems and branding. Japan’s KDDI, Chunghwa Telecom (Taiwan), Hong Kong Telecommunication and Korea’s SK Planet say the Asia NFC Alliance will jointly review standardisation of NFC tag specifications, common brand marks and NFC platforms and will work to resolve issues facing the popularisation and expansion… Continue reading >>

Contactless payments set to launch on TfL

From 16 September Transport for London (TfL) will introduce contactless payments for all pay as you go customers on the Tube, London Overground, DLR and Trams in addition to the capital’s buses. The new option, which is part of a huge range of improvements TfL is making for customers, means that there will no longer be any need to spend… Continue reading >>