Jack Dorsey’s Square opens engineering hub in Melbourne
Merchant services, point-of-sale and mobile payments firm Square is expanding its Australian operation, by launching the company’s first engineering hub outside of North America in Melbourne.
Merchant services, point-of-sale and mobile payments firm Square is expanding its Australian operation, by launching the company’s first engineering hub outside of North America in Melbourne.
Samsung Pay can now be used by NAB customers, making the smartphone mobile wallet the first to be compatible with all of the Big Four Australian banks.
The Australian competition watchdog has denied authorisation for some the country's largest banks to collectively bargain with Apple and boycott Apple Pay.
ANZ is the first Australian bank to offer its customers the ability to pay for purchases using Apple’s digital wallet, Apple Pay.
U.S. banks are steadily shipping more secure chip-embedded credit and debit cards to consumers, but industry attention is also focused on whether merchants have installed updated payment terminals to accept the new cards.
Because of slack buyer interest and other obstacles facing mobile payments in the U.S., Apple and other companies must inject new features and inducements to boost adoption.
Best Buy explained Tuesday that it will support Apple Pay mobile payments, while also remaining a member of the MCX group of retailers that has promoted an alternative payment system called CurrentC.
Merchant Customer Exchange (MCX), a group of large U.S. merchants, said Monday it expects to launch an early version of its CurrentC mobile payment app mid-year in an unnamed, mid-sized market.
Marketing technology service provider, Rewardle, has partnered with mobile payments and transactions processing company, Mint Payments (ASX:MNW), to integrate Mint’s mobile payments and processing capability into the Rewardle platform.
Fitness-band maker Jawbone and American Express plan to allow cardholders to buy goods using a future fitness band equipped with NFC, according to a report.
Mobile in-store payments could grow dramatically in the U.S. as the result of a battle brewing among tech giants Google, Samsung and Apple.
Samsung is expected to unveil its newly-acquired LoopPay mobile magnetic payment technology inside its upcoming Galaxy S6 smartphone. The phone is widely expected to be announced March 1 at Mobile World Congress.
Trust is eroding among mobile device users when it comes to making purchases or app downloads.
The corporate tenants of a Swedish high-tech office complex are <a href="http://www.ibtimes.co.uk/stockholm-office-workers-epicenter-implanted-microchips-pay-their-lunch-1486045">having RFID NFC chips implanted</a> in their hands, enabling access through security doors, as well as services such as copy machines, all without PIN codes or swipe cards.
Only about half of the 12 million merchant payment terminals in the U.S. will be converted to accept more secure smart credit and debit cards and NFC-ready smartphones by the end of 2015, according to financial officials working to support the conversion.