Visa exec hails tokenisation as a mobile payments driver

VIDEO INTERVIEW: Bill Gajda, global head of mobile product at Visa, claimed tokenisation will help the industry “push forward with mobile payments”. He pointed out that Apple Pay already uses Visa’s tokenisation solution, as will Samsung Pay when it launches …

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Samsung’s LoopPay move is more of a threat to Google than Apple – analysts

Samsung’s acquisition of LoopPay, marking the South Korean giant’s aggressive entry into the mobile payments market, poses more challenges to Google than Apple, argues Gilles Ubaghs, an Ovum senior analyst covering financial services technology. Since being set up in 2012, …

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Google aims to launch revamped wallet in late May — report

Google is trying to pull together a disparate alliance of handset vendors, operators, banks and credit card firms as it works on a new version of its struggling wallet app, according to the Wall Street Journal. The search giant is …

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Samsung acquires Apple Pay rival LoopPay

Samsung has bought LoopPay, a US firm behind a technology that enables shops and restaurants to leverage their existing point-of-sale terminals to receive payments from consumers’ mobile devices. The deal is for an undisclosed sum. The two firms have been …

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LoopPay eyes India, China and Japan launches

LoopPay, the US firm whose technology enables retailers to accept mobile payments without needing a hardware upgrade, is lining up a number of high-profile international launches, according to an interview given with the Press Trust of India. “We are looking …

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LoopPay strikes Samsung Galaxy deals

LoopPay, which was recently reported to be in talks about working with Samsung, announced two OEM deals at CES 2015 with phone case vendors that will enable its payment service to become available on the Galaxy S5 and Galaxy Note …

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Samsung in talks to offer rival service to Apple Pay — report

Samsung is looking to launch mobile payments next year through an alliance with US firm LoopPay — so ratcheting up its rivalry with Apple. According to Re/code, a deal would enable users of Samsung smartphones to pay for point-of-sale transactions …

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US mobile payment firm LoopPay wins Visa funding

Mobile payments provider LoopPay has secured funding from global payments firm Visa, the company has revealed, without saying how much is involved. The US company, which launched earlier this year, is pioneering a technology that capitalises on the installed based of magnetic stripe-reader point-of-sale systems rather than NFC, which is the current favourite in mobile payment circles.