Cards

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French telco issues pre-paid contactless cards

French wireless operator SFR is to issue a pre-paid cash card to customers as a first step to the introduction of contactless mobile payments and NFC.

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Payworks brings mobile commerce to Oktoberfest

Beer-addled revellers at this year's Oktoberfest looking to buy tat won't need to fumble in their lederhosen pockets for loose change thanks to German Square-alike payworks which has equipped buxom fräuleins with iPhones and readers for accepting card payments.

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AmEx integrates with Apple's Passbook

American Express is integrating with Apple's new mobile wallet app, Passbook, enabling cardholders to view (although not carry out) transactions on their iPhones.

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Canadian government to extend plastic card code to mobile payments

The Canadian government is to extend its code of conduct for the credit and debit card industry to include mobile payments.

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'Better Than Cash Alliance' to push e-payments in fight against poverty

A group of development organisations, foundations and private companies, including Citi and Visa, have formed the 'Better Than Cash Alliance' to lobby for a shift towards electronic payments in the fight against global poverty.

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Romanian hackers plead guilty to attacks on Subway store POS systems

A couple of Romanians have pleaded guilty to their part in a scam that saw the point-of-sale systems of hundreds of US Subway sandwich shops hacked, thousands of cards compromised and millions of dollars stolen.

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Amex adds Boku's Ringewald to US consumer services business team

American Express has added Erich Ringewald, one of the founders of mobile payments vendor Boku, to its US consumer services business's technology team.

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MasterCard launches mobile PayPass SDK

MasterCard has released a toolkit to help developers build Android and BlackBerry apps using its PayPass contactless technology

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Square closes $200m funding round

Mobile payments outfit Square has closed a series d funding round, thought to be worth around $200 million, joined by Citi Ventures, Rizvi Traverse Management, and Starbucks.

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Atos Worldline ships ready-to-go NFC mobile wallet

Atos Worldline has launched a ready-to-go, Visa and MasterCard compliant NFC mobile payment application for card issuers around the world.

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Barclaycard joins Google Wallet; Isis delayed

The Google Wallet has become a little fatter, with Barclaycard following Discover's lead and encouraging customers to add their plastic to the mobile payments system.

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MasterCard and World Food Programme team on 'digital food'

MasterCard has struck a two-pronged global partnership with the World Food Programme (WFP) that will see the pair use digital payments technology to both raise and distribute aid.

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E-payments behind quarter of Canadian GDP growth - Visa

Electronic payments have driven almost one quarter - or C$196 billion - of total Canadian GDP growth over the past 25 years, claims a study commissioned by Visa.

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MasterCard brings pre-paid reload service to Europe

MasterCard has teamed up with CQR Payment Solutions to launch its rePower service in Europe, enabling customers to use cash to top up pre-paid cards at merchants.

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US retail federation threatens legal action over $7.25bn interchange settlement

America's National Retail Federation (NRF) says it will go to court to block a $7.25 billion class action settlement with Visa and MasterCard over credit card interchange fees.

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Google kills off Wallet's pre-paid card

Google is ditching the pre-paid card it gives to people who sign up for its mobile wallet, telling customers to spend any money they have on it by the middle of next month.

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DeviceFidelity brings NFC-enabled iPhone pre-paid wallet to Europe

US vendor DeviceFidelity has teamed up with Vincento Payment Solutions and MasterCard to launch its NFC pre-paid mobile wallet app for the iPhone in Europe, beginning with the UK.

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Fiserv offers banks the tools to take on Square

Fiserv is offering US banks a white-labelled equivalent to Square, capable of processing card and cheque payments on a merchant's own mobile handset.

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Non-cash payments on the rise in EU

More than 90 billion non-cash payments were made in the EU last year, nearly five per cent up on 2010 thanks to rising use of credit and debit cards, according to European Central Bank figures.

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Hong Kong builds e-bill system; ponders NFC m-payments infrastructure

The Hong Kong Monetary Authority (HKMA) has laid out plans for an electronic bill system and promised to explore the creation of an interoperable NFC mobile payment infrastructure.