New research from American Express shows that more than half (52%) of U.S. consumers aged 18-24 are likely to try new technology-enabled payment tools – e.g. NFC-enabled mobile payments – compared with 23% of 55-65 year olds. Furthermore, 58% of 18-24 year olds find mobile apps “somewhat or very convenient” for online purchases, compared with […]

Six out of 10 consumers in the UK would avoid using NFC to make mobile payments, according to new research from VoucherCodes.co.uk. Out of 2,000 adults surveyed by VoucherCodes, 60% said they would avoid using NFC to pay for goods even if they had the capability to do so. Of these, 36% cited security as […]

Japanese teleco KDDI has selected Gemalto to help roll out NFC services to KDDI’s 34 million subscribers. According to Gemalto, the company is providing KDDI with its Allynis Trusted Service Manager (TSM) software and UpTeq NFC high-end security device to aid in the deployment of multiple contactless services ranging from mobile payments, transit ticketing, e-driver’s […]

Swedish mobile payments provider Accumulate has signed an agreement with Chinese IT provider Potevio to jointly develop and deploy mobile financial and authentication services to the Chinese market. According to the partners, future projects will include an undisclosed “unique NFC solution” that will be commercially deployed by summer 2012, a solution for secure payment of […]

Mobey Forum, a bank-led organization for the advancement of mobile commerce, has welcomed its first non-banking Full Member – northern European payment solutions provider Nets. Mobey Forum has also announced that it has opened full membership to all supervised payment institutions. “In order to effectively drive the evolution of the mobile financial services ecosystem Mobey […]

Portugal Telecom has launched an internal pilot of “tmn wallet,” a new mobile payments service that combines NFC technology, QR codes and text messages into one single platform. Some 11,000 Portugal Telecom employees can now use tmn wallet service to purchase products in vending machines, catering spaces and custom food delivery services using just their […]

The Smart Card Alliance announced that its Executive Director Randy Vanderhoof went before Congres to testify on mobile payments and the advantages of NFC contactless payment technology. According to the SCA, Vanderhoof was called to be a witness at the Committee on Financial Services hearing, “The Future of Money: How Mobile Payments Could Change Financial […]

Google is rethinking its mobile payments strategy in light of slow consumer adoption of Google Wallet, sources close to the project told Bloomberg. Feeling the heat from competitor Isis, Google is said to be courting wireless operators Verizon and AT&T in an effort to expand the service, which is currently only available through Sprint on […]

British retailer WHSmith announced that it will be introducing contactless payments across 46 of its UK stores by Spring 2012, according to Retail Gazette. In partnership with Visa Europe and Streamline, initial contactless payments will be deployed at WHSmith stores located at major travel hubs: the Heathrow, Gatwick and Stansted airport stores in London and […]

Shippensburg University in Pennsylvania has launched a mobile payments pilot that enables students to purchase meals on campus using an NFC-enabled sticker, according to Mobile Commerce Daily. Developed in partnership with Gold Mobile and dining service provider Chartwells, the new system operates via NFC-enabled checkout kiosks placed in the university’s student center and on-campus Starbucks […]