Discover begins US contactless card rollout

Discover is to begin issuing contactless payment cards “for most” of its Discover It and Discover More cardmembers “who need cards reissued or replaced” this month and, from December, will start issuing contactless cards to new Discover cardholders. “Contactless technology has become increasingly popular with our cardmembers and more accepted by merchants worldwide, and we […]

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Alipay lets visitors to China use its mobile payments platform

Tourists visiting China can now use a version of Alipay designed specifically for international travellers to make mobile payments during their trip, Alipay has announced. “Starting immediately, visitors can download Alipay for both iOS and Android devices, and register for the International Version of the app with their overseas mobile phone number to access the

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India’s bank-led UPI instant payments platform reports 1bn mobile transactions

“UPI has had the fastest acceptance rate not just among payment platforms but digital platforms of any kind,” Dilip Asbe, chief executive officer of the National Payments Corporation of India, has told Bloomberg. “We aim to expand the UPI [Unified Payments Interface] base to 500 million users in the next three years,” he added. Read

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Starling Bank lets customers use a single debit card to pay in multiple currencies

“To start using the new Euro Card feature, Starling account holders, both business and personal, must open a euro account… Once it’s open, they can transfer money from their business account to their euro account with a single tap in the app… Their existing debit card can [then] be switched on (in-app) to operate in

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Apple CEO: Apple Pay transaction volumes have now overtaken PayPal

Apple Pay revenue and transactions have “more than doubled year-over-year with over 3bn transactions in the September quarter, exceeding PayPal’s number of transactions and growing four times as fast,” Apple CEO Tim Cook has revealed. Apple generated “all-time record revenues from payment services” during the quarter, Cook explained during the iPhone maker’s Q4 2019 earnings

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