Wells Fargo contactless credit cards rollout to bank customers

Wells Fargo Contactless Credit Cards - Visa Contactless Card

Wells Fargo & Co. has announced the tap-to-pay technology for its credit and debit cards. Wells Fargo contactless credit cards are now being rolled out to its new customers. The San Francisco-based American multinational financial services company is joining its rivals JPMorgan Chase & Co. and Bank of America Corp – among other US banks – who have already adopted this NFC (near field communications) tech for their credit and debit cards. Wells Fargo customers will be able to tap their credit cards to make payments instead of swiping them.…

Read More

NFC Forum introduces NFC payments solution alternative to QR codes.

NFC payments - woman with Android phone

NFC Money Transfer Candidate Specification allows for simple and secure NFC-based payment solutions. The NFC Forum, a Massachusetts-based non-profit industry association and advocate of Near Field Communication (NFC) technology has launched an NFC payments solution. The solution, known as the NFC Money Transfer Candidate Specification (NMT) has been designed as an alternative to QR code-based payments that gives payment service providers and consumers the chance to take advantage of simple and secure NFC-based payment systems that already exist worldwide. The NMT solution eliminates the need for a camera or a…

Read More

Bangladeshi Visa QR code payment solution launching in October

Visa QR code payment - Visa Cards

The credit card giant will be rolling out transactions via quick response code and contactless tech. Visa QR code payment solutions are slated to roll out in Bangladesh by October. The global payment provider has also announced that it will simultaneously roll out contactless payments. Almost 20 banks have already submitted their applications to be able to participate. The Visa QR code payment and contactless payment service have proven to be highly popular among banks. There have already been nearly 20 banks applying to be able to incorporate the new…

Read More

Apple Pay Russia has now launched

apple pay russia iphone mobile payments

The iPhone maker has rolled out its mobile payments software in the country, extending its global reach. Apple Pay Russia has now been launched as the iPhone maker brings its mobile wallet to the Russian population. This has allowed the American tech giant to extend the worldwide reach of its digital payments service. This has made Russia the tenth nation where Apple Pay transactions can be accepted. Among the other countries where these mobile payments are available include the United States, Canada, and Great Britain. It was originally launched in…

Read More

Visa QR codes let Tata Sky customers recharge their accounts

India mobile phone manufacturing

Direct home service customers can pay their bills with their smartphones through their TV screens or online. Tata Sky has partnered with the largest credit card company in the world to offer mobile payments via Visa QR codes. This allows the company’s subscribers to top up their accounts through the use of their smartphones. The QR code payment solution is entirely powered by mVisa and is meant to provide convenient and secure transactions. Subscribers to Tata Sky services are able to recharge their accounts through simple scans of Visa QR…

Read More

Square mobile payments have now launched in Australia

Square Inc. mobile payments nfc technology

The smartphone based transaction company has now launched its services into a fourth marketplace. Square has now launched its mobile payments services into its fourth marketplace, as it has stepped into Australia, giving small businesses in that country the opportunity to use their smartphones and tablets as credit card reading point of sale devices. The other countries in which the service is available include the United States, Japan and Canada. This announcement arrived nearly immediately before Square was to make the announcement of its first earnings report since the mobile…

Read More

Valyou NFC technology based mobile payments is packing it in

Mobile Payments NFC Technology

The smartphone based wallet which is headquartered in Norway has now decided to call it quits. The Norwegian mobile payments service called Valyou will now be shutting its doors as its owners, DNB, Telenor and SpareBank1 have agreed that there simply are not enough NFC technology enabled terminals at merchant checkout counters to make the effort worthwhile. The owners have also agreed that other telcos and banks have not offered the support they had expected. The contactless mobile payments service used NFC technology to allow consumers to be able to…

Read More

NFC technology lets Android users collect Greggs loyalty rewards

NFC Technology mobile payments

The company’s app gives its users the chance to tap their smartphones at the point of sale for rewards. Greggs, a very popular bakery in the United Kingdom, has now updated its mobile app to function with the NFC technology in certain Android smartphones so that customers can collect and redeem loyalty rewards at the checkout counter. This mobile app update makes it possible for the entire process to take no longer than a tap at the checkout counter. In order to make this happen, Greggs chose to use NFC…

Read More

Apple Pay is preparing to get started outside the US

iOS 8 iphone 6 apple mobile security

The mobile wallet is now getting itself ready to make its first moves in countries outside of the United States. Apple Pay is now getting itself ready to send its mobile wallet services outside of the United States, where it has been exclusively available until now, as it makes its way into the first countries outside of the U.S. borders. Reports have indicated that online, offline, and mobile marketing materials are being prepared for March. This indicates that the launch of Apple Pay in other countries could be coming very…

Read More

NFC technology enabled devices rise in popularity

NFC Technology - card reader

This technology is starting to build confidence in security and its usability makes it practical for the Internet of Things. NFC technology has how been available in several generations of smartphone – though it is only just now being added to the next Apple device, the iPhone 6 – and now it is starting to become more popular among consumers, as well. Recent research has suggested that it is coming out on top when it comes to the mobile payment market. The research was conducted by Frost & Sullivan. That…

Read More

NFC technology based system unveiled for the London Underground

NFC Technology in transportation - Mobile Payments London

As of mid-September, the Transport for London (TFL) will accept contactless payments on all lines. It has now been announced that, beginning on September 16, the TFL will be accepting payments through NFC technology for all London Underground, DLR, and Overground trains. This was announced as the EE mobile operator revealed its intentions to support near field communication payments on London Undergound. The NFC technology will make it possible for customers to simply tap their contactless payment card against the reader device in order to pay for their fares. This…

Read More