NXP Semiconductors has announced a partnership with Glodyne Technoserve, the technology service provider for the Indian State Government of Bihar, to provide contactless “e-Shakti” cards to citizens living in rural communities for access to banking and social welfare facilities. With the solution, residents of Bihar can use the SmartMX-based e-Shakti card as their identity card, […]

OnPoint Community Credit Union, an Oregon-based institution, has announced the launch of Tyfone’s iCashé Mobile Wallet program. The new service enables OnPoint’s 226,000 members to buy gift cards over a mobile phone and send them to others via SMS or email. Gift card recipients can use their cards in-store or online via their smart phone […]

MasterCard and Telefónica have formed a joint venture to deliver mobile financial services to customers of Vivo, the largest mobile operator in Brazil. The partners say the initiative will yield a mobile wallet service that will allow Vivo’s 65 million subscribers to make payments via their mobile phones as well as transfer funds, pay bills […]

Global Payments has announced the launch of Ingenico’s iCT250 contactless point of sale terminal in Canada. According to Global Payments, the deployment makes them the first merchant acquirer to offer the contactless payments terminal in North America. Based on Ingenico’s Telium2 platform, The iCT250 accepts payments from contactless credit and debit cards, EMV cards and […]

Morpho has teamed up with Moneo Payment Solutions to launch the new “MoneoPass by Morpho” contactless card. Morpho designed the cards to be used by local authorities, universities, businesses and transport operators for a variety of applications, including payments, transportation, access management and control, event tickets, ID badges, catering, loyalty cards and more. MonoePass is […]

Simply providing consumers with mobile wallet technology will not be sufficient to drive mass-market adoption, asserts Mobey Forum in a new white paper. In “Mobile Wallet – Definition and Vision,” the bank-led mobile industry association advocates taking a “holistic” approach to driving adoption, centered on innovations in mobile marketing. Mobey Forum says it is also […]

GlobalPlatform has announced that Clear2Pay, a global payment solutions provider, and Shanghai COS, a chip operating system (COS) developer, have become the organization’s newest members. As a Participating Member, Clear2Pay will be able to join GlobalPlatform’s Device Committee, where it will provide input into the development of specifications for the Trusted Execution Environment (TEE). GlobalPlatform […]

Visa is teaming up with MTN Group, a teleco operating in Africa and the Middle East, to offer a new mobile prepaid account service that will provide secure financial services and electronic payments to unbanked consumers in developing countries. Visa’s new product will enable MTN Mobile Money account holders to send funds to each other, […]

NXP Semiconductors has announced the launch its new CLRC663 contactless reader IC. Designed to meet the market need for higher integration, smaller housings and interoperability, the CLRC663 has been designed for use in a variety of infrastructure use cases such as banking, eGovernment, transport and mobile payment. According to NXP, the IC supports all 13.56-MHz […]

The London Assembly is cautioning that Oyster Card users may be stuck paying more after contactless credit and debit card payments are introduced next year, reports MayorWatch.co.uk. According to a report issued by the Assembly’s Transport Committee, the estimated one in five Londoners who do not own a credit or debit card may not be […]