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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
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Absa expands NFC payments trial using microSD cards

Absa expands NFC payments trial using microSD cards | Payments 2.0 | Scoop.it
Absa expands NFC payments trial
NFC World
South African banking group Absa has expanded its NFC mobile payments trial to eliminate the need for microSD booster stickers and is now offering Samsung Galaxy S4 handsets to participants.
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DeviceFidelity raises funds, signs strategic partnership with Datacard • NFC World

DeviceFidelity raises funds, signs strategic partnership with Datacard • NFC World | Payments 2.0 | Scoop.it

"Datacard will offer [DeviceFidelity']s In2Pay NFC-on-microSD tech to its clients"

 

"Financial institutions will have a great opportunity to capitalize on this by easily complementing their card programs without having to make major infrastructure changes to their existing processes," says the card giant's Russell St John.

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Moneto's $30 Android mobile payment kit goes on sale, brings contactless payments to six Samsungs

Moneto's $30 Android mobile payment kit goes on sale, brings contactless payments to six Samsungs | Payments 2.0 | Scoop.it

"Not everyone's smartphone has NFC, and of those that do, an even smaller subset have official Google Wallet support...."

 

Comment: Moneto offers a mobile wallet on an NFC micro-SD. The solution is now being ported to 6 new phones.

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DeviceFidelity, MasterCard Launch MONETO a Mobile Payment Solution for iPhones - American Banker

DeviceFidelity, MasterCard Launch MONETO a Mobile Payment Solution for iPhones - American Banker | Payments 2.0 | Scoop.it

"DeviceFidelity ... has partnered with Spring Card Systems to create a mobile payment app [called moneto] that works with DeviceFidelity's microSD card and communicates with MasterCard PayPass point-of-sale terminals."

 

Comment: article highlights the potential advantages of microSD-based contactless payments over SIM card-based solutions, for example for phones that are not NFC enabled.

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