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Mastercard turns phones into contactless payments terminals

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Mastercard turns phones into contactless payments terminals

Mastercard is prepping a pilot that will see small businesses in Poland able to accept contactless payments with only a smartphone.

PayPal rolls out cashback credit card

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PayPal rolls out cashback credit card

PayPal has come up with a novel new weapon to help it take over the high street - an old-fashioned plastic credit card.

Singapore to develop common QR code for payments

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Singapore to develop common QR code for payments

Singapore is planning to develop a common QR code that will facilitate payments among different schemes, e-wallets and banks.

Fitbit brings NFC payments to Ionic smartwatch

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Fitbit brings NFC payments to Ionic smartwatch

Fitbit has struck deals Visa, Mastercard and American Express to bring NFC payments to its new Ionic smartwatch.

Ice-cream van goes cone-tactless

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Ice-cream van goes cone-tactless

Barclaycard is aiming to put an end to ice-cream van queue meltdowns through the introduction of a cone-tactless system that lets customers pay with a tap of their card or phone before pouring their own vanilla soft-serve.

Mobile contactless spending accelerating in UK

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Mobile contactless spending accelerating in UK

Mobile tap-and-pay spending is accelerating on the high street, spurred by the growing popularity of contactless payments at the point-of-sale, according to new data from Worldpay.

Apple sidelined as Beijing transit system launches payments app

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Apple sidelined as Beijing transit system launches payments app

Apple's refusal to grant access to the iPhone's NFC function looks set to dent the firm's Chinese ambitions, leaving customers unable to use a new payments app for journeys on Beijing's public transport system.

Westpac invests $40 million in POS financing startup ZipMoney

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Westpac invests $40 million in POS financing startup ZipMoney

Westpac has poured $40 million into point-of-sale financing startup ZipMoney in a deal that is being billed as a coming-of-age for Austalian fintech.

Jiffy moves from P2P to P2B

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Jiffy moves from P2P to P2B

Italian P2P payments app Jiffy is heading to the high street, with deployment at over 150 retail stores in Milan, Rome and Turin.

Contactless sheds growing pains as tenth anniversary looms

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Contactless sheds growing pains as tenth anniversary looms

With the tenth anniversary of the introduction of contactless cards in the UK fast approaching, Barclaycard is forecasting that tap and pay spending will soar by more than 300% over the next four years as seven-in-ten Brits begin to use the technology more frequently for everyday purchases.

Ant Financial targets Malaysia through CIMB JV

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Ant Financial targets Malaysia through CIMB JV

China's Ant Financial is making a move on the Malaysian market, forming a mobile wallet joint venture with a subsidiary of local bank CIMB.

US firm to implant employees with RFID chips

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US firm to implant employees with RFID chips

An American company is inviting employees to get RFID chips that can be used to buy food in the office break room implanted in their hands.

PayPal strikes deals with Chase and Citi

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PayPal strikes deals with Chase and Citi

PayPal has strengthened its ties to two of America's biggest banks, forming a comprehensive partnership with JPMorgan Chase and a rewards-focussed deal with Citi.

Swatch brings contactless watch payments to China

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Swatch brings contactless watch payments to China

Swatch is bringing the second generation of its contactless payments-enabled watches to China through a deal with the country's UnionPay card scheme and 11 banks.

Festy unveils digital currency payments wristband

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Festy unveils digital currency payments wristband

Combining two of the most hyped trends in fintech, wearables and cryptocurrencies, Irish startup Festy has unveiled a wristband that lets festival-goers make contactless payments in Dash.

Debit cards overtake cash to become UK's top payment method

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Debit cards overtake cash to become UK's top payment method

For the first time, debit cards have overtaken cash to become the number one payment method in the UK, according to data collected by the British Retail Consortium (BRC).

Self-service kiosk vendor hit by hackers

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Self-service kiosk vendor hit by hackers

US firm Avanti Markets says that nearly 2000 of its self-service payment kiosks have been infected with malware, putting customers' card data at risk.

IZettle eyes IPO

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IZettle eyes IPO

Having doubled revenues and slashed losses last year, Swedish mPOS outfit iZettle says that it is preparing for a potential IPO.

BBVA brings Alipay to Spain

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BBVA brings Alipay to Spain

BBVA is to provide a bridgehead into Spain for Alipay, the QR code-based mobile payment service from Chinese giant Ant Financial.

Danish m-payments scheme adds lock-screen payments and Touch ID

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Danish m-payments scheme adds lock-screen payments and Touch ID

Users of the Dankort app and mobile wallets from more than 60 Danish banks can now tap-and-go for low value payments with their phones.

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