mobile payment

Microsoft Wallet tap to pay is officially out, for Insiders

Microsoft Wallet tap to pay is officially out, for Insiders

It's finally here. Microsoft has finally announced its formal entry into the mobile payments market. Or rather, as Microsoft calls it, cloud-based payment. As reported before, Microsoft Wallet is the new Windows 10 Mobile app that will enable this tap to pay feature for a very select few Lumia models. But since Microsoft has partnered directly with MasterCard and Visa, it means that any contactless payment terminal automagically supports Microsoft Wallet as well. Plus, it supports rewards and loyalty cards right off the bat as well.

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Windows 10 Mobile is getting its own Tap to Pay feature

Windows 10 Mobile is getting its own Tap to Pay feature

There might be some hope for Windows 10 Mobile after all. Well, at least as far as catching up to the big players in the mobile payment race. An internal build of the OS revealed a new feature in the Wallet app that adds not just the ability to pay for purchases via NFC but also to include loyalty and membership cards. Perhaps even better, Microsoft's mobile payment system might be immediately compatible with most, if not all, existing NFC terminals in the market.

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US Bank, MasterCard now supports Android Pay, Samsung Pay

US Bank, MasterCard now supports Android Pay, Samsung Pay

The initial furor over competing mobile payment systems may have died down just a wee bit, but that's because they're silently working to rope in support from more financial institutions and merchants. Although some might consider non-Apple Pay systems to not be that popular, that doesn't necessarily translate to reality. Take for example the recent announcement from US Bank that embraces both Android Pay and Samsung Pay, enabling the two mobile payment methods for the bank's MasterCard holders.

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CurrentC “Apple Pay rival” practically closes its doors

CurrentC “Apple Pay rival” practically closes its doors

Poising your new, still unproven, product as a rival of an existing popular one is a sure way to get noticed, one way or another. But it also sets up expectations that you not be able to meet, ending up with more than just egg on your face. That is pretty much what is happening now to CurrentC, the Merchant Customer Exchange's (or MCX) supposed Apple Pay/Android Pay rival. On its web page, CurrentC testers are not only informed that the beta test ends on June 28, but also that all accounts will be disabled.

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LG Pay “White Card” to be first to have integrated circuit

LG Pay “White Card” to be first to have integrated circuit

By the time LG Pay fully launches later this year, it will probably the youngest and smallest in the still budding mobile payments market. However, it could come with an ace that will, at least in theory, trump even giants like Apple Pay and Samsung Pay. Already leaked before was the "White Card" that will be used with LG Pay, practically a programmable card that can be used on traditional terminals. This would be the first time an integrated circuit or IC will be used in a card for a mobile payment system.

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Fitbit’s Coin acquisition paves way for fitness band mobile payments

Fitbit’s Coin acquisition paves way for fitness band mobile payments

Coin, a four-year-old company that has developed technology for making mobile payments, was acquired by Fitbit this week. The acquisition will give Fitbit access to Coin’s intellectual property pertaining to its wearables payment platform, and will also bring some of Coin’s ‘key personnel’ to Fitbit. The deal spells the end to Coin’s payment products, but opens the door to mobile payments for Fitbit’s own customer base.

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Bank of America’s Cardless ATMs now support Android Pay

Bank of America’s Cardless ATMs now support Android Pay

Google didn't make much of a big splash about Android Pay at I/O 2016, but Bank of America isn't going to let the conference pass without putting a word in. Going on stage with Google senior director for Android Pay Pali Bhat, BoA's head of digital banking Michelle Moore made the big announcement Android Pay users have been hoping for since the beginning of the year. At least those with Bank of America debit cards among them. Now they safely and conveniently withdraw cash from select ATMs without having to whip out their cards or even their wallets.

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Samsung Pay finally supports membership, loyalty cards in US

Samsung Pay finally supports membership, loyalty cards in US

These days, and especially in the US, purchasing items is no longer just a simple case of handing over the exact amount in exchange for a product. A lot of times, discounts or deals are applied via membership perks or loyalty incentives. To put it in perspective, Samsung says that an average American household juggles around 30 loyalty cards, which all add up to bulking your wallet. As part of its mission to digitize money, Samsung Pay is finally getting support for those loyalty cards to make shopping in the US even more convenient.

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Android Pay lands in the UK, without Barclays of course

Android Pay lands in the UK, without Barclays of course

Even with Google's clout behind it, Android Pay's international rollout hasn't exactly been progressing as blazing fast speed. Still, any new territory covered means more opportunities for Android Pay, and more chances of competing with Apple Pay (or even Samsung Pay). The newest territory to join Google's mobile payment kingdom is, well, the United Kingdom, allowing Android users to pay for coffee or transportation with just a tap of their phone. But as might have already heard, Barclays has opted not to join that party and set up one of its own.

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MCX postpones CurrentC mobile payment, lays off 30 employees

MCX postpones CurrentC mobile payment, lays off 30 employees

Did MCX, short for the Merchant Customer Exchange, bite off more than it can chew when it proudly revealed CurrentC to take on the likes of Apple Pay and Android Pay? Perhaps that is the case. Or maybe MCX finally understood the writing that has been on the wall ever since it announced its mobile payment system back way back in 2014. Now the consortium has announced that it is postponing the rollout of CurrentC and, as a side effect, is letting go of 30 of its staff.

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How to use Walmart Pay (hint: it’s really simple)

How to use Walmart Pay (hint: it’s really simple)

Walmart Pay, the retailer's alternative to Android Pay and Apple Pay, just made its first big rollout, arriving in all of the company's stores in both Texas and Arkansas. Given how big Texas is, it's not surprising the rollout encompasses nearly 600 stores -- that's a lot of stores, yes, but also a lot of customers who have a new-fangled way to pay. How do you use Walmart Pay? It's pretty easy.

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Walmart Pay arrives in 590 stores across Texas and Arkansas

Walmart Pay arrives in 590 stores across Texas and Arkansas

Walmart Pay is finally starting its grand rollout, giving the retailer’s hoard of shoppers a mobile way to pay in-store that doesn’t involve Android or Apple. The rollout is starting with Arkansas and Texas, but not in a trickling fashion — all the stores in both states are getting support for the mobile payment option, amounting to 590 locations. Walmart Pay was first announced this past December.

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