mobile payments - News, Features, and Slideshows

News

• Mobile payments to grow 60.8% by 2015: Capgemini

  Mobile payments are projected to grow by 60.8 per cent to 47 billion transactions through to 2015, up from 29.2bn in 2013, according to Capgemini’s World Payments Report 2014.
  

• Eftpos goes live with payments infrastructure overhaul

  Eftpos has switched on new centralised payments infrastructure that is meant to speed up the rollout of products including Eftpos online and mobile payments.

• We just might put a dent in data breaches

  Is the dawn of the age of ubiquitous e-payments finally here? Can we throw away our credit cards yet?

• Anne Weatherston joins Mint Wireless board

  Former ANZ Bank CIO, Anne Weatherston, has joined the board of ASX-listed mobile payment company Mint Wireless.
  

• Retail industry rallies behind open standard for tokenization

  A coalition of retail industry trade groups this week called for the creation of an open tokenization standard for protecting credit and debit card data from theft and misuse.

• Visa launches 'Checkout' for quick and easy payments from any device

  Visa announced a new simplified digital payment service called Visa Checkout, which is designed to allow customers to pay quickly for goods online on any connected device.

• PayPal rebrands, touting mobile payment abilities

  PayPal has unveiled a new global branding campaign designed to put greater focus on its ability to let people make payments for goods and services anywhere and anytime.

• In Pictures: What the rumour mill expects from iOS 8

  Mobile payments, smarter Siri, better maps and more

• 4 Ways to Use Square in Your Small Business (Or Your Global Business)

  Small businesses increasingly turn to Square to process payments without the hassle (and expense) of custom card-reading hardware. There are other benefits to the service, including analytics and online sales modules, as well as opportunities for larger enterprises to better serve customers.

• Commonwealth Bank survey predicts triumph of mobile wallets

  Physical wallets and paying with cash or credit and debit cards will be (mostly) a thing of the past in less than a decade if the results of a survey sponsored by the Commonwealth Bank are to be believed.

• Isis CTO accuses retailers of turning off NFC and smartcard payment tech

  A powerful group of retailers plans to roll out mobile payments in 2014 by scanning barcodes from smartphones, a move that sets up a potential battle with backers of NFC and Google Wallet.

• Banks push for tokenization standard to secure credit card payments

  A group representing 22 of the world's largest banks is pushing for broad adoption in the U.S. of payment card technology called tokenization, citing shortcomings in the planned migration to the Europay MasterCard Visa smartcard standard over the next two years.

• Is Coin the One Payment Card to Rule Them All?

  In an era when consumers' wallets are filled with credit cards, rewards cards, gift cards and other cards, Coin aims to be the universal payment option of choice. But can it stand out in a growing market of smartphone apps, digital wallets and NFC technology?

• Would NFC smartphones have helped at Target?

  The data breaches at Target and Neiman Marcus have re-ignited a campaign by retailers to get U.S. consumers to carry "PIN and chip" credit and debit cards instead of less-secure magnetic stripe cards. Lost in the debate are mobile payments using NFC smartphones.

• Proximity tech takes off via Apple's iBeacon and Qualcomm's Gimbal

  Qualcomm Monday announced the availability of a far-reaching proximity technology similar to what's already been deployed by Apple and other retailers to reach out to customers at store locations.