mCommerce

Money20/20 Europe: Biometrics Are a Pillar of Samsung Pay

Money20/20 Europe: Biometrics Are a Pillar of Samsung Pay

Today at Money20/20 Europe mobile wallets were the talk of Copenhagen and Samsung was one of the prime movers in this trend. Elle Kim, Vice President, Samsung Pay, took the stage to give the audience an update on Samsung’s major mPayments platform. Here’s a rundown of what we learned: Samsung Sees Biometrics as a Pillar…

Mobile Biometrics Are Mainstream, So What’s Next?

Mobile Biometrics Are Mainstream, So What’s Next?

UPDATE: Watch the full presentation of Mobile Revolution 2.0: Biometrics, Smartphones, IoT now! About 600 million smartphones with biometric sensors are currently in use, according to new research from Acuity Market Intelligence. That number is approximately 28 percent of the total number of smartphone devices on a global scale, says the firm. What’s more, there is a…

Wells Fargo Bank Now Supports Samsung Pay

Wells Fargo Bank Now Supports Samsung Pay

Wells Fargo Bank has announced its support for Samsung Pay. In a statement, Wells Fargo Virtual Channels head Jim Smith framed the support as part of a broader commitment on the bank’s part to offer a range of payment options. “We want to satisfy our customers’ financial needs when, where and how they want,” he said,…

Apple Pay Exceeds Expectations in China

Apple Pay Exceeds Expectations in China

Apple Pay has decisively beaten naysayers’ expectations with its launch in China. According to new reports, the mPayment platform saw three million payment cards loaded within the first two days after its debut on February 18th. Speaking to the media in China, Apple Pay head Jennifer Bailey said she “would rate our first-day performance as 1,000,…

PayEase Announces Apple Pay Support

PayEase Announces Apple Pay Support

A Chinese ecommerce platform provider has announced Apple Pay support. The company, PayEase, will support business apps that are themselves integrating support for the mPayment platform. PayEase works with vendors to facilitate online and mobile payment functionality, offering support for 23 state banks and China UnionPay, as well as foreign bank cards issued by partners…

Free TfL Rides for Apple Pay Commuters

Free TfL Rides for Apple Pay Commuters

Apple and MasterCard have teamed up once again to promote Apple Pay on the Transport for London network. Rehashing a promotion first launched last autumn, the companies are offering free rides on Mondays from February 29th to March 14th. When the promotion was first launched last year, it was seen by some as a means of…

Apple Pay Finally Launches in China

Apple Pay Finally Launches in China

Apple Pay has finally launched in China. In addition to the support of China UnionPay, the country’s sole domestic bank card issuer, Apple Pay has also now won the support of Industrial and Commercial Bank of China (ICBC), the country’s major lender. That’s encouraging, but the Cupertino mobile wallet is still going to face an uphill…

Revamped PayPal App Enables Fingerprint Authentication

Revamped PayPal App Enables Fingerprint Authentication

PayPal is launching a massively revamped mobile app. Sporting a dramatically overhauled user interface, the new version also sports numerous new features. The move is clearly in recognition of growing trends in payments, most notably a move toward mobile transactions; PayPal says that a full quarter of all of its transactions currently go through mobile…

How Far Off is the Samsung Pay UK Launch?

How Far Off is the Samsung Pay UK Launch?

Samsung Pay could launch in the UK alongside the company’s new flagship smartphones. At a recent Samsung event, Head of Samsung Pay Nathalie Oestmann told the audience that the mPayment platform would hit the European market in early 2016; and given that this assertion came almost immediately after Samsung Marketing VP Rory O’Neill made comments…

Apple Pay Hit With Seven Hour Enrollment Issue

Apple Pay Hit With Seven Hour Enrollment Issue

Apple experienced an unusual and unexpected issue with its mPayment platform yesterday, with some users unable to register their Visa cards on Apple Pay. It started at about 4:15 a.m. eastern time, and lasted for about seven hours, with full functionality now restored. Apple has not disclosed what caused the problem or how it was…

1000 Card Issuing Supporters Back Apple Pay

1000 Card Issuing Supporters Back Apple Pay

Apple has just about hit the 1,000-mark for its roster of bank and credit union supporters. The addition of 32 new partners brings the total to 998, and if you include retailers that issue their own payment cards, Apple’s list of card issuing supporters has met the 1,000 milestone. With most major US card issuers…

TMG Rolls Out Samsung Pay Functionality

TMG Rolls Out Samsung Pay Functionality

Tech-forward payment solutions provider TMG (The Members Group) is preparing to roll out Android Pay and Samsung Pay functionality for several of its financial institution clients, and Dupaco Community Credit Union had already taken the plunge. The two new mPayment options went live yesterday for Dupaco customers, with Apple Pay support having launched back in December…

Over 50 Card Issuers Add Support To Apple Pay

Over 50 Card Issuers Add Support To Apple Pay

More than 50 new card issuers have been added to Apple Pay’s roster of supporters. Once again, the mPayment service’s latest batch of supporters is mostly composed of smaller and more local financial institutions such as Houston Highway Credit Union and Sundance State Bank, since Apple has already garnered the support of most major national…

CaixaBank Ushers Samsung Pay into Spain

CaixaBank Ushers Samsung Pay into Spain

Samsung Pay has found its first financial services supporter in Spain. CaixaBank and its ImaginBank subsidiary will enable their customers to start using Samsung’s mPayment platform. While some banks have offered support to rival Apple Pay only to drag their feet in actually enabling the service, CaixaBank’s support for Samsung Pay has taken effect immediately. In…

All US Bank Cards Now Apple Pay Compatible

All US Bank Cards Now Apple Pay Compatible

US Bank customers who use its FlexPerks American Express Cards can now sign them up for Apple Pay, the bank has announced. The move completes US Bank’s Apple Pay support, with all US Bank cards now compatible with the mPayment service. As with so many other banks that have offered Apple Pay support since its…

Apple Pay Data Reveals Biometric Payment Insights

Apple Pay Data Reveals Biometric Payment Insights

Interesting new data on Apple Pay is emerging from Phoenix Marketing International. In a new report, the marketing services firm outlined its most recent findings. Among them is the fact that in-app purchases make up a considerable proportion of Apple Pay’s credit card transactions: a survey conducted after the first year of Apple Pay’s service…

Samsung Pay Heading To Lower-End Devices

Samsung Pay Heading To Lower-End Devices

Samsung Pay is planning to enable online payments this year, and will also bring the mPayment service to more lower-end Samsung devices. The moves appear to be aimed at expanding the breadth of the service’s reach. And that’s already considerable: Samsung Pay’s MST technology allows the mPayment platform to work with traditional swipe-based card readers…

Alipay Facial Recognition Comes To iOS & Android

Alipay Facial Recognition Comes To iOS & Android

Alipay has now launched facial recognition for user authentication on its mobile app. Users with iOS and select Android devices can now use the system for biometric login. The system has been a long time in the making. Reports first emerged of a facial recognition-based system called ‘Smile to Pay‘ back in March of this…

Avidia Bank Is Now Apple Pay Compatible

Avidia Bank Is Now Apple Pay Compatible

Another US bank has come into the Apple Pay fold. Massachusetts-based Avidia Bank has announced its debit and credit cards are now compatible with the mPayment service. In a press release, Avidia CEO Mark O’Connell highlighted the technological sophistication of the platform while also pointing to its convenience for customers. “We are proud to be able…

New Mid-Range Galaxy Phones To Feature Fingerprints

New Mid-Range Galaxy Phones To Feature Fingerprints

Samsung has unveiled new versions of its mid-range flagship devices, the Galaxy A3, A5, and A7. And in so doing, the company may be hinting at a December launch date for Samsung Pay in China. First, the devices: All of the new Galaxy A devices will run on Android 5.1, and the A5 and A7…

Pages