Tokenisation

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Mastercard piloting turning smartphones into payment terminals

31 Aug 17 @ 13:48

Mastercard unveiled a pilot project in Poland, turning smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments,... read more

Samsung Pay hits $9 billion of transactions in South Korea

30 Aug 17 @ 13:55

Samsung Pay has driven its home advantage and processed 10 trillion won ($8.8 billion) in accumulated transaction volume in South Korea, the company has announced. The service was launched in... read more

UK contactless spend tops £370 million in H1 2017

17 Aug 17 @ 16:46

Mobile contactless transactions topped £370 million in the first six months of 2017, a 336% year on year rise in spending, according to the latest transaction data from payments processor... read more

Barclaycard pilots Alipay acceptance in UK stores

17 Aug 17 @ 15:02

Barclaycard is rumoured to begin a pilot that enables merchants in the UK to accept Alipay transactions at POS in-store. The pilot will commence on 14 August 2017 in eight retail stores across... read more

Mobile wallet readiness: Building a better value proposition – Pt 3

17 Aug 17 @ 14:51

Mobile wallet launches by issuers, “The Pays” (Apple Pay, Android Pay, Samsung Pay), telcos and retailers have become increasingly commonplace – if not fashionable – in recent years. But most... read more

Mobile commerce readiness: The mobile wallet security conundrum – Pt 2

16 Aug 17 @ 11:11

The ongoing power struggle between security and usability represents one of most pertinent challenges in mobile wallet today. While it is possible to build a nearly fraud-proof payment mechanism, it... read more

Tokenization: What is a smart token?

01 Aug 17 @ 12:52

Before we get into the smart token bit, let’s recap. Tokenization is the security process that most recently unlocked the mobile payments market. All the major ‘OEM Pays’ (Apple Pay,... read more

Market Overview: Payments in Russia

31 Jul 17 @ 15:30

On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card... read more

Bank of America and PayPal partner to enable in-store payments

28 Jul 17 @ 13:49

Bank of America and PayPal announced a strategic partnership that will enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards... read more

IoT and Things Paying for Things are driving the future of commerce

08 Jun 17 @ 09:23

A new study released  by Visa entitled “How We Will Pay 2017,” found that more than 80% of Americans have a strong interest in using IoT and connected devices to make... read more

Contactless card fraud is on the rise – UK rate hits 4,500%

02 Jun 17 @ 12:05

So, contactless card fraud hit £7m in the UK in 2016, up from £153k in 2014. Cue click-bait headlines about fraud soaring by almost 4,500%. When you dig a bit... read more

94 million Americans store their card information online

01 Jun 17 @ 16:36

Concerns about identify theft and credit card fraud aren’t stopping most Americans from storing their credit and debit card information online, a new report reveals. Two out of every three... read more

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Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more