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BNZ deploys PayClip mPOS in New Zealand

Mint Payments has announced that its partnership with Bank of New Zealand (BNZ) has resulted in the successful deployment and enhancement of BNZ’s PayClip mPOS payments product. PayClip enables business owners in New Zealand to accept the full spectrum of card payments, including Visa, MasterCard and EFTPOS through methods such as NFC contactless, chip and PIN and magnetic swipe. According… Continue reading >>

UK consumers ready to drop banks for mobile – Zapp

UK mobile payment provider Zapp has released research which shows that 21 million UK consumers are ready to switch banks to access mobile payments, 33% of these within a year. According to Zapp’s research, UK consumer usage of mobile payments has risen by 64% in 15 months, and the number planning to do so is set to increase by 48%…. Continue reading >>

iZettle launches contactless dongle

mPOS specialist iZettle has launched a new hardware dongle that includes both chip and PIN and contactless payment functionality, along with support for Apple Pay. The Card Reader Pro Contactless is initially being distributed to select partners across the UK and will retail for around £79. Small businesses will be able to use the kit to immediately accept payments using… Continue reading >>

Samsung partners for Samsung Pay launch in Europe

Oberthur Technologies (OT) has announced its partnership with Samsung for the deployment of Samsung Pay in Europe later this year. The Samsung Pay service will allow Samsung Galaxy S6 and S6 Edge owners to use their smartphone for contactless payments. The S6 and S6 Edge are all equipped with OT’s NFC embedded Secure Element (eSE), PEARL. Contracting with Samsung and OT, banks… Continue reading >>

Samsung Wallet discontinued as LoopPay transaction revealed

Samsung Wallet will no longer be available for users beginning on June 30, 2015, according to an email sent to users as the handset giant preps Samsung Pay. Back in February 2015, Samsung acquired mobile payments company LoopPay, and unveiled that Samsung Pay will be integrated into the Galaxy S6, so this move is not a huge surprise, the source… Continue reading >>

Global smartphone sales of $96bn set a new Q1 record

In the first quarter of 2015, global smartphone unit demand increased +7%, compared to the same period last year. Sales reached 310m units, with growth down from +19% year-on-year in Q4 2014. This slowdown was caused by a year-on-year decline in demand for smartphones in China and Developed Asia, down -14% and -5%, respectively. Smartphone sales value in Western Europe… Continue reading >>

Powa Technologies to revolutionise advertising

Rai Advertising, the exclusive advertising group for Rai, Italy’s largest broadcaster, has signed a strategic partnership with mobile technology leader Powa Technologies Limited to introduce its innovative PowaTag mobile commerce solution across all media channels. The PowaTag platform will be available to all Rai dealership trading partners. It will enable consumers to make instant transactions through any advertising medium with… Continue reading >>

Starbucks mobile app hacked – a “Venti” problem

News has reached us that credit card hackers are targeting Starbucks gift card and mobile payment users and stealing from consumers’ credit cards. This new scam is so ingenious, the cyber criminals don’t even need to know the account number of the card they are hacking. By taking advantage of the Starbucks auto-reload feature, they can steal hundreds of dollars… Continue reading >>

Orange Cash rolls out in Spain

The mobile payment service Orange Cash is to be rolled out in Spain. As part of the strategic alliance with the mobile operator Orange, Wirecard will provide the E-Money and scheme license as well as the technical platform needed to manage the mobile payment application. Users of Orange Cash can now make mobile payments at any contactless Visa terminal in… Continue reading >>

Denmark proposes cashless country

The Danish government, as part of a pre-election package of economic measures put forward by the government, has proposed getting rid of the obligation for selected retailers to accept payment in cash, moving the country closer to a cashless economy. Nearly a third of the Danish population uses MobilePay, a smartphone application for transferring money to other phones and shops,… Continue reading >>