Not everyone is going to get their hands on an iPhone 6 any time soon and many mobile contracts last 24 months. But, older iPhones can be NFC-enabled with the iPhone 6’s Apple Pay capabilities.
Japan’s mobile payment service LINE Pay has unveiled v4.8 and has gone global. LINE Pay is a mobile payment service that lets over 170 million monthly active LINE users (on iPhone or Android) make payments for affiliated services or at affiliated shops in an easy and convenient way, regardless of their carrier or OS.
San Diego-based PayLease has unveiled several mobile solutions that will enable residents to pay rent or HOA dues using a smartphone.
Residents of communities who use PayLease can now download a free iPhone or Android app to pay their rent with a mobile device.
NYC-based Payoneer is now facilitating payouts for merchant suppliers on San Francisco-based Wish, a top mobile social e-commerce application that offers consumers a highly personalized shopping experience. Over the past three years, Wish has quickly grown to host more than tens of millions of users worldwide.
PSCU credit unions have saved more than $100 million in declined fraud transactions over the past 12 months. Industry-wide, credit unions have incurred expenses from card reissuance and fraud totaling $87.4 million between the Target and Home Depot breaches.
San Antonio-based MySingleLink has added Touch ID to its MSL Wallet App for iPhone, iPad, Android Phones and Tablets. When used for payment processing, a Single Use Token can be specific to a merchant, to an invoice, and even to an amount.
Bankrate is acquiring Wallaby Financial. Wallaby’s proprietary CardBase database includes more than 2,400 credit cards offered by over 500 financial institutions and is the ideal companion for every digital wallet solution.
Boston-based StreetSmart has unveiled the world’s smartest wallet which includes a built-in Bluetooth LE locator, USB sync cable and a backup battery station for charging on the go.
WorldRemit launches its global money transfer App for iPhones. WorldRemit for Android has been downloaded more than 10,000 times and entered the Top 20 Financial App charts in nine countries – more than any other money transfer service- in just the past few weeks. The company is confident it will see the same returns for the iOS solution. WorldRemit is also a leader in sending money to mobile devices. The addition of iOS and Android Apps further enhances WorldRemit’s mobile-to-mobile offering with smartphone users in one part of the world able to transfer instantly to Mobile Money accounts on the other side of the planet.
NFC was losing steam in last couple of years after initial hype. There were half hearted attempts but as soon as Apple announced iphones with NFC, the entire segment looks like as if it’s on steroids right now. The boardrooms are busy these days in any company connected to NFC terminals or payments.
Monitise is powering a new suite of mobile apps for Turkish Airlines. Monitise has worked with Turkish Airlines since 2009, and designed and developed the airline’s previous ‘Fly Turkish’ apps for iPhone, BlackBerry, Java and WAP.
Boston-based LoopPay says its new LoopPay Card and CardCase enable secure mobile payments at 40X more locations than Apple Pay. The new products are usable at more than 10 million merchant locations in the U.S.