2012 is meant to be “the year of the contactless payment,” however a number of industry analysts believe that the technology is failing and, in turn, costing the consumer money, according to This is Money. Reports estimate that the cost of developing, installing and maintaining contactless terminals will be left for the consumers to deal […]

VeriFone Systems announced that it will integrate the Isis Mobile Commerce Application into its current and future NFC-enabled point of sale products. Through the delivery of new payment systems, NFC add-on devices and remote software upgrades, VeriFone will bring Isis-powered mobile contactless payments to hundreds of thousands of merchant locations across the U.S. VeriFone currently […]

Google has announced that mobile operator Sprint Nextel will launch an array of new phones with support for Google Wallet this year, reports FierceMobile. Speaking at the Mobile World Congress in Barcelona, Google Wallet Vice President Osama Bedier said that customers can expect to see Google Wallet on “at least ten” new Sprint phones in […]

Some two dozen retailers, including heavyweights Walmart and Target, are preparing their own mobile wallet services in lieu of existing solutions like Google Wallet, Isis and PayPal, according to the Wall Street Journal. Citing security concerns and disappointment with existing systems’ rewards and offers features, these retailers are intent on building a better system of […]

EMV is the future of payments but MasterCard doesn’t want to stop there, says Colin McGrath, vice president of development in U.S. Markets at the payments company. “We very much see this path and this evolution as really about enabling the next generation of payments,” McGrath tells Regarding ID’s Gina Jordan. “It’s about providing a […]

Visa Inc. and Intel Corporation have announced a multi-device, multi-year agreement to develop mobile commerce solutions for Intel’s smart phones and tablets. During a press conference at Mobile World Congress in Barcelona, the companies outlined plans to bring Visa payWave NFC payments to Intel Atom-based smart phones and tablets, including the Intel Smartphone Reference Device, […]

VeriFone Systems unveiled its new PAYMEDIA Universal Acceptance Platform, a suite of services and software that enables mobile network operators to manage mobile wallet acceptance at the point of sale. Designed to close the loop between mobile wallet providers and merchants, PAYMEDIA gives mobile network operators and wallet providers the ability to download wallet acceptance […]

The NEC Group has inked a five-year partnership deal with payment provider Barclaycard, according to Birmingham Post. The partnership will see Barclaycard become the official payment partner of the NEC’s online ticketing operation, The Ticket Factory, and bring payment acceptance using contactless technology to the National Indoor Arena (NIA) in the center of Birmingham, UK. […]

DeviceFidelity announced that its In2Pay iCaisse4 has become the first NFC payments solution for iPhone to be certified for commercial deployment with MasterCard Mobile PayPass. The iCaisse4, a protective case for the iPhone 4/4S that enables NFC via microSD, can now be issued by banks or wireless operators in conjunction with MasterCard certified mobile wallet […]

Vodafone and Visa have announced a partnership to enable consumers to pay for goods and services using their mobile phones. Available to Vodafone’s 398-million customer base across the globe, the mobile wallet service will feature a Vodafone stored value account – based on the Visa prepaid account – that uses Visa payWave technology to perform […]