Semble claims New Zealand mobile wallet first

New Zealand payments venture Semble launched a mobile wallet app, which it claims is a first for the country and will be available to around one million smartphone users nationwide. Semble is owned by mobile network operators 2degrees, Spark and Vodafone …

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Amazon pulls plug on mobile wallet app

Amazon has decided to discontinue its mobile wallet beta app, launched six months ago on Amazon Appstore and Google Play, which allowed users to store and organise gift and loyalty cards, CNET has reported. These cards would then become available as …

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Samsung reportedly mulling mobile payments move to counter Apple Pay

Smartphone giant Samsung is exploring the possibility of launching its own contactless mobile payment system, which may involve payment startup LoopPay, according to sources speaking to re/code. The rumour comes as Apple continues to brief the press that Apple Pay is going really well.

Daum Kakao launches mobile wallet service

South Korean online service provider Daum Kakao has launched BankWalletKakao, a social network based mobile wallet service, in partnership with Korea Financial Telecommunications and Clearings Institute (KFTC) and 16 local banks, following some delays. Available for both Android and iOS, …

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Ericsson, Millicom partner on Tigo Cash for West Africa

Ericsson has announced its Wallet Platform has been deployed by Millicom-owned Tigo Senegal to offer financial services to customers across West Africa. Tigo Cash mobile services allow subscribers to make payments, store, transfer and withdraw money using a mobile device, even if the user doesn’t have access to traditional banking services. According to Tigo, the […]

Tim Cook claims Apple Pay off to strong start, not fazed by competition

Apple’s CEO Tim Cook has revealed one million credit cards were activated on Apple Pay in its first three days. So far, the US’ six biggest credit card issuers have signed up, with a reported 500 financial service providers joining early next year. Visa, MasterCard and American Express are among those already enabling the app.

PayPal splits from eBay in face of Apple Pay challenge

eBay and wholly-owned subsidiary PayPal will officially split into two independent publicly traded companies in 2015, the company has confirmed. After a review of the company’s growth strategies and structure, the board of directors concluded the split will enable both companies to better position themselves to respond to competitive change.

Apple has first interesting product launch for four years

Apple has been in a holding pattern for the past three years and has finally revealed a bunch of stuff it has been working on for a while. The two new phones feature the first major industrial design overhaul since the iPhone 4 and the Apple watch seems likely to significantly raise the bar in the wearables category. But the most significant announcement is probably Apple Pay, not just for Apple, but for the catalysing effect it could have on mobile commerce on the whole.

Apple set to kick start mobile wallet with iPhone launch

Multiple reports predict Apple will reveal partnerships with the major credit card providers as part of a new mobile wallet initiative that will be unveiled at the big annual iPhone launch, set for 9 September.