mobile payment

EMV Chip and PIN just suffered another huge setback in the US

EMV Chip and PIN just suffered another huge setback in the US

An announcement from VISA suggested that Chip and PIN technology in fuel pumps will be delayed for several years. The original U.S. Automatic Fuel Dispenser EMV activation date for VISA for gas stations throughout the United States was set for October 1, 2017. That date has now been pushed to October 1, 2020.

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LG G6 could have iris scanner, mobile payment features

LG G6 could have iris scanner, mobile payment features

Features for LG’s next flagship smartphone are piling up and they’re all talking about the latest and, maybe, greatest in mobile tech. It isn’t surprising considering the big opportunity for the LG G6 to snatch the crown from rival Samsung. In this latest round, the smartphone is believed to play host to iris scanning technology as well as LG’s own mobile payment system, both of which have already been prefigured in the past. Despite coming changes, LG might still be sticking to removable batteries, which should continue to delight fans.

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LG G6 said to use MST payment tech, White Card shelved

LG G6 said to use MST payment tech, White Card shelved

Every now and then you will hear about a new mobile payment system joining the already half a dozen or so mobile payment systems currently active. So it’s good when you finally hear someone deciding instead to adopt an existing technology instead of rolling out with their own. Well, in this case, good for Samsung, not so much for LG. Reports indicate that LG has practically decided to drop its own “White Card” technology and, instead, make use of Magnetic Secure Transmission or MST, the same technology used by Samsung Pay.

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Samsung Pay adds online shopping, in-app payments

Samsung Pay adds online shopping, in-app payments

Samsung Pay just recently celebrated its first birthday, not an insignificant feat for a mobile payment system limited to a single device vendor and very few devices. Of course, Samsung’s work is far from over. Following Google’s announcement of Android Pay supporting Visa Checkout and MasterCard’s Masterpass, Samsung is similarly boasting of new support for buying things through the mobile web. But via Masterpass only this time. In exchange for a lack of Visa support, Samsung Pay gains support for in-app payments as well as three new countries.

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Android Pay support for Visa Checkout, Masterpass inbound

Android Pay support for Visa Checkout, Masterpass inbound

Mobile payment systems don’t make headlines nowadays. While that might imply that they’re not the hot items many thought they would be, it could also be because they’ve become so normal, so ingrained in modern lives. Aiming for the latter, more optimistic scenario, Google has announced that Android Pay will be embracing more purchases done on the mobile web. In particular, it will be supporting online shops that use Visa’s Checkout and MasterCard’s Masterpass platforms, offering convenience not just for buyers but for merchants as well.

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Samsung Pay celebrates 1st birthday by adding coupons

Samsung Pay celebrates 1st birthday by adding coupons

Especially in markets like the US, wallets don’t simply contain cash or credit cards. More often than not, they’re also overflowing with coupons, those little pieces of paper or cardboard that entice you to buy more for less. Any mobile payment system, therefore, will have to support digitizing and using those as well if they are to succeed in the market. Fortunately for Samsung Pay, that functionality has indeed finally landed in the US as well. And just in time to celebrate its first anniversary in the country.

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Samsung Pay apparently just turned one year old

Samsung Pay apparently just turned one year old

It definitely doesn’t feel like it, especially for users in the US, but Samsung has just triumphantly announced that its mobile payment system, Samsung Pay, has just reached its first birthday. Of course, it was launched first in South Korea and took a few months before spreading out to other markets like the US. Within that time, Samsung boasts that it has already made nearly 100 million transactions in its seven current countries, which is no small feat considering who Samsung Pay is up against.

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Samsung Pay MST tech shown to be susceptible to theft, fraud [UPDATE]

Samsung Pay MST tech shown to be susceptible to theft, fraud [UPDATE]

Samsung Pay has surprisingly been enjoying a significant amount of popularity and support in the US, rivaling even Apple Pay. Part of its success can perhaps be attributed to its Magnetic Secure Transmission or MST, a technology it acquired from LoopPay, which allows Samsung Pay to be used with traditional magstrip-based terminals. It seems, however, there might be a very high price to pay for that convenience. In a talk at the Black Hat security conference in Las Vegas, researcher Salvador Mendoza showed how easy it was to steal Samsung Pay's MST data so that hackers and thieves can use credit card data with almost no restrictions.

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Apple Pay goes live in France and Hong Kong

Apple Pay goes live in France and Hong Kong

Apple Pay is now available in France and Hong Kong, allowing Apple users in both countries to use the company’s mobile payment system. As with Apple Pay in other supported countries, those in France and Hong Kong can use certain banking cards to make payments using their Apple Watch or iPhone; in France, MasterCard and Visa debit cards can be used, while in Hong Kong some MasterCard and Visa payment cards are supported, as well as American Express credit cards.

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Android Pay begins its Asian expansion with Singapore

Android Pay begins its Asian expansion with Singapore

On the heels of Samsung launching its own Samsung Pay system in Singapore, Google is now announcing the availability of Android Pay in the same city as well. Largely considered to be tech capital of Southeast Asia, Singapore enjoys being usually the first target of new technologies and platforms in the region. Now Android users in the country will be able to test the promised hassle free benefits of not having to get out your wallet to pay for your next coffee or next McDonald's buy.

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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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