Visa and MasterCard are pushing mobile payments using HCE. In Europe it is a natural step from the existing contactless payments systems but in the US it is a big jump from the traditional swipe and sign system currently in use. Here is run down of some of the things you should know about Android, NFC and Host Card Emulation.
Recently Mastercard announced a new program that would impose digital wallet operator fees. In response to the move, Visa’s CEO Charlie Scharf said that these kinds of fees are “totally appropriate”, but is Visa actually planning a similar move?
Visa announced a partnership with Samsung at MWC 2013 to include the PayWave NFC wireless payment app on next-gen Samsung handsets, without specifying actual product names like the Galaxy S4 and Galaxy Note 3.
Visa and RBS have joined hands to launch V.me in the UK. While the initial testing is still going on, they expect to launch the service in spring 2013. To refresh your memory, V.me exited beta with 53 bank partners and 23 retail partners, certainly giving it some credibility and initial momentum to storm a soon-to-be saturated market.
Vodafone Australia wants to give its subscribers a better shopping experience through Vodafone Smart PASS. The contact-less payment system is similar to Google Wallet’s NFC-based service, although it is intended to be cross-platform, basically working on any NFC-equipped smartphone.
O2 has just released a Mobile Point of Sale service in partnership with Visa and Global Payments. The basic idea is to allow vendors and retailers to easily accept plastic payments from debit and credit cards on their Android tablets and smartphones.
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