Near-Field Communication (NFC)

By Kevin Woodward@DTPaymentNews Mobile-wallet adoption might get a boost through the rest of 2016 as 29% of consumers expect to use a mobile wallet like Apple Pay, Android Pay, or Samsung Pay before the end of the year, finds a survey from Computer Services Inc., a financial-technology company. Most—71%—had no …

By John Stewart @DTPaymentNews When Visa Inc. and MasterCard Inc. demonstrated their merchant frustration with lengthy certification logjams. The Quick Chip and M/Chip Fast code is available at no cost, and American Express Co. and Discover Financial Services are also offering variants of it. How many merchants will adopt the …

By Kevin Woodward@DTPaymentNews Consumers using near-field communication (NFC)-enabled payment cards and smart phones enabled with mobile wallets soon will be able to use them to pay for transit rides operated by the Miami-Dade County’s Department of Transportation and Public Works, Cubic Corp. recently announced. The contract is valued at $33 …

Apple Inc. is notoriously tightlipped about how its Apple Pay mobile-payments service is doing, and the occasion of the computing giant’s quarterly earnings call late Tuesday was no exception. Still, while Apple chief executive Tim Cook said little to satisfy widespread curiosity about the wallet’s adoption and usage among consumers, …

A little bit of London may find its way into the hands of U.S. transit riders. Cubic Transportation Systems, a unit of Cubic Corp., will license contactless ticketing technology developed by Transport for London, the U.K. capital’s transit agency, for use with similar agencies around the world. TfL’s technology enables transit …

The failure of Suretap Wallet L.P., the Canadian mobile-payments service controlled by five telecommunications companies, raises further questions about the role, if any, telcos will play in this business, experts tell Digital Transactions News. Suretap, which announced Friday it will shut down effective Aug. 26 after barely more than a …

Samsung Pay, the mobile payment service launched by Samsung Electronics Co. Ltd. a year after Apple Inc.’s Apple Pay debuted, appears to be faring better with consumers despite Apple Pay’s higher adoption rate. In its most recent Mobile Pay Tracker, New York-based Auriemma Consulting Group, found that 92% of Samsung …

• Early Warning Services LLC said the three latest banks to start offering real-time person-to-person payments on its clearXchange network are Capital One, Chase, and Wells Fargo. ClearXchange members Bank of America and U.S. Bank had already introduced the service. As things stand, Chase customers can send and receive payments …

During the last 20 years, I’ve worked for, consulted for, partnered with, or analyzed hundreds of payments companies and thousands of other firms that are in some way connected with payments companies, either as customers, prospects, or partners. Many of those companies have been highly successful, some explosively so. Others …

Microsoft Corp. on Tuesday joined the mobile-payments race in earnest by announcing it is making near-field communication capability available on Microsoft Wallet for in-store transactions. The wallet works with Microsoft’s Windows 10 operating system. The new payments feature is limited for now to members of Microsoft’s Windows Insiders program “in …