News In Brief
15.09.2014 Weve abandons joint mobile wallet project.
Weve ( owned by EE, O2 and Vodafone) has announced plans to abandon their standard 'Wave & Pay' mobile wallet project. Instead, the operators planned to promote wave and pay via smartphone to their customers by pre-loading apps and implementing loyalty schemes. The joint venture would take a small cut of purchases in a mobile payments market instead.
The Telegraph says that the three involved MNO's have been unable to reach agreement on the wallet operations that was was announced over six months ago. For now, they have officially ended the joint project, which was slated for launch early next year, in favour of individual apps. Continue reading...
10.09.2014 TSYS to support Apple Pay.
TSYS® announced today its role to support secure transactions and facilitate enablement for issuers, merchants and app developers in processing transactions from Apple Pay. TSYS will offer a path for merchant acceptance and certification of third-party devices as well as software solutions used for payments by providing merchants with products and developers with SDK/APIs. Through TSYS Enterprise Tokenization™, the company's new plug-and-play tokenization solution announced in August, issuers as well as retailers can take full advantage of Apple Pay. Payment card information will be more secure for purchases made online in apps and via NFC enabled POS terminals, supporting Apple Pay. Continue reading...
04.09.2014 Merchant Customer Exchange launches mobile payment network.
Merchant Customer Exchange (MCX), has unveiled the brand of its new mobile payment network, CurrentC. The platform will be available across a range of leading merchants in superstore, convenience, pharmacy, fuel, grocery, dining, travel and specialty-retail categories. Consumers will be able to access the entire CurrentC network using the CurrentC app as well as through merchants' mobile applications that utilise CurrentC functionality. Continue reading...
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