Industry News

Mobile payment news and views, May 29 – June 25

Welcome to the latest installment of our regular look at the top news and views from the world of mobile payments, with items selected because of unique content, or because their source makes them notable. For more headlines and insights on the industry follow us on Twitter @cellum_group.

Visa launches VDEP service to make it easier and cheaper for banks to offer mobile payments NFC World May 29
Retailers have mishandled mobile payments for years. It’s time to surrender to tech Quartz May 30
Samsung Electronics to expand mobile payments service to China, Europe Reuters June 3
The Omnichannel Path to Customer Loyalty PYMNTS.com June 5
Apple Pay gets more ‘Wallet’-like with new additions Mobile Payments Today June 8
Google puts Apple under pressure with latest Android Pay development PaymentEye June 8
PCI Council publishes appendix to PCI Data Security Standard Mobile Payments Today June 9
Apple Pay Makes Another European Play PYMNTS.com June 10
Facebook Offers Retailers Free Place Tips Beacons PYMNTS.com June 11
MasterCard Becomes First Network to Add Tokenization Support for Private Label Credit Cards for Use in Digital Wallets MarketWatch June 15
Lapse In Apple Security May Result In ‘Devastating’ Attacks PYMNTS.com June 18
Mobile Wallet Use Surges PYMNTS.com June 19
China’s UnionPay Processes More Than $6.7 Trillion in 2014, Expands to Hong Kong and Australia Let’s Talk Payments June 21
India set to incentivise electronic payments PaymentEye June 24
Mobile makes up nearly half of UK e-commerce transactions PaymentEye June 25
Illustration: Designed by Freepik