Companies and Markets has released a new report predicting that the global market for mobile payments will reach $264.8 billion by the year 2015, with the Asia-Pacific region leading the way. The widespread adoption of mobile payments in majority of the markets, especially in Asia-Pacific, and the participation of global institutions in NFC payment trials […]

Munich-based Giesecke & Devrient (G&D) has announced that shipments of its Convego Air contactless payment cards to the U.S. have now surpassed the 50 million unit mark. Since the introduction of its contactless payment cards in 2006, G&D has become the number one supplier of Visa and MasterCard branded contactless payment cards in the U.S., […]

Bling Nation announced that Brookshire Grocery Co., one of the largest regional grocery chains operating in Texas, Louisiana and Arkansas, will pilot Bling’s mobile payment platform in its Mt. Pleasant, Texas stores. With Bling Nation, Brookshire customers will be able to tap-and-pay for their purchases using mobile phones equipped with a contactless BlingTag. Users will […]

Merchant360 Inc. announced an agreement to support Bling Nation’s contactless mobile social media technology platform. According to Bling Nation, the company’s solution enables tap-and-connect capabilities at checkout, providing businesses with social media connectivity, viral loyalty programs with actionable analytics and mobile payments. The system works by tapping a mobile phone equipped with Bling Nation’s BlingTag […]

Nokia’s Senior Vice President Jo Harlow has revealed that the company’s future Symbian smart phones will be equipped with NFC technology, according to bloomberg.com. Nokia’s C7 phone, now in stores, is already NFC-enabled, and can be used by customers for contactless payments and identification at the point of sale, says Harlow. Harlow added that Nokia […]

The Smart Card Alliance Payments Council has expanded its charter to include all chip-enabled payments and payment applications in the United States, including EMV, contactless payments, NFC-enabled payments and applications, mobile payments, and chip-enabled e-commerce. The Council has also announced its new officers and steering committee, including new co-chairs Simon Hurry from Visa and Oliver […]

In a recent survey conducted by ACI Worldwide, an international provider of payment systems, 76% of respondents do not currently issue payment cards with EMV technology, and of that group only 15% have plans to do so within the next 24 months. However, 94% of respondents believe that EMV will reduce fraud on card-based transactions, […]

Waspit has announced the launch of its open-loop BuzzPay contactless mobile payments system in the UK with the help of pub chain Yates’s. BuzzPay, which works with NFC capable handsets as well as with contactless stickers that can be affixed to non-NFC phones, can be used to conduct purchases anywhere MasterCard PayPass is accepted. According […]

VeriFone Systems Inc. has announced that it will integrate PayPal into its PAYware Mobile contactless payment service. The partnership will see PayPal’s merchant acceptance application enhanced to support traditional card-based payments using VeriFone’s PAYware Mobile card encryption. In turn, VeriFone’s PAYware Mobile App will be enhanced to support PayPal Bump technology, enabling iPhone users to […]

Union Bank of India has launched a cashless campus project at Madhya Pradesh State Technical University that allows students in the university to make payments by using their mobile phone, according to The Hindu Business Line. The new student service reduces queuing times as it frees the university’s approximate 2,500 students and staff from the […]