Post Tagged with: "Samsung Pay"

Wells Fargo Wallet Goes Live on Android (Sorry, iPhone Users!)

Wells Fargo Wallet Goes Live on Android (Sorry, iPhone Users!)

by July 19, 2016 at 4:45 pm 2 comments

Another bank is live with a digital wallet. Wells Fargo & Co. joins JPMorgan Chase and Capital One in launching a bank-branded mobile payment platform, or digital wallet. These instruments for making transactions via mobile phone are meant to compete with PayPal, which has been abuzz lately with rumors of a possibleRead More

Ally Adds Android Pay and Samsung Pay to Boost Mobile Payments

Ally Adds Android Pay and Samsung Pay to Boost Mobile Payments

by June 23, 2016 at 10:44 am 1 comment

Ally Bank belongs to the “open-wallet camp,” for now. The online bank introduced Android Pay and Samsung Pay integration for its debit cards, in addition to the existing Apple Pay option, Ally announced yesterday. The addition of these two mobile payment services, according to CEO Diane Morais, expands the optionRead More

As MCX Shuts Down, Chase Pay Adds Merchants

As MCX Shuts Down, Chase Pay Adds Merchants

by June 10, 2016 at 11:06 am 1 comment

Is this (finally) the end of MCX? When the Merchant Customer Exchange (MCX) deal with JPMorgan Chase made news last fall, it was clearly important. The country’s largest bank was teaming up with merchants, and taking on the card networks. Now it seems Chase Pay will be the only placeRead More

U.S. Bank Wallet? Not Yet

U.S. Bank Wallet? Not Yet

by June 9, 2016 at 4:07 pm 2 comments

U.S. Bank would launch a mobile wallet, if a customer need arises, a spokeswoman told Bank Innovation. The bank announced a partnership with MasterCard yesterday, allowing customers to load their debit or credit cards into Android Pay and Samsung Pay mobile wallets. Choosing an open-wallet is the bank’s approach for now, spokeswomanRead More

Visa Has Built Private-Label Wallet Apps for More Than 40 Banks

Visa Has Built Private-Label Wallet Apps for More Than 40 Banks

by June 8, 2016 at 3:54 pm 0 comments

Payments network Visa announced a private label digital commerce app yesterday, noting that more than 40 banks have already implemented it, or are soon to. Visa has said it will go to war with PayPal in ways “you’ve never seen before” — and it turns out one of those ways mayRead More

Bank of America Says ‘No’ to BofA Pay (For Now)

Bank of America Says ‘No’ to BofA Pay (For Now)

by May 26, 2016 at 11:12 am 4 comments

Bank of America said “No” to innovation labs last year. This year, while rivals JPMorgan Chase and Wells Fargo & Co. are bringing wallets to market, BofA is looking instead to the surrounding ecosystem. “We want to be in an open wallet ecosystem,” Hari Gopalkrishnan, client-facing platforms technology CIO at Bank of America MerrillRead More

Samsung Pay Leapfrogs Rivals with Epic Alipay Deal

Samsung Pay Leapfrogs Rivals with Epic Alipay Deal

by May 20, 2016 at 11:30 am 0 comments

Take that, Apple. Samsung Pay may not be available in the United Kingdom yet, but it’s rapidly expanding its reach in China in a March deal with UnionPay, the world’s largest credit card network, and now through a new deal with Alipay. The Seoul-based electronics company announced the deal today. Alipay’s 450Read More

Add Samsung Pay to the Mobile Payments Now Flooding China

Add Samsung Pay to the Mobile Payments Now Flooding China

by March 29, 2016 at 12:26 pm 0 comments

Samsung Pay became the latest mobile payments platform to enter China, the South Korean tech giant announced today. The move was made in partnership with China UnionPay, the sole interbank ATM network and primary card issuer in China. If you’re doing card business in China, in other words, you’re doing itRead More

Ahead of New IPhone Announcement, More Bad News for Apple Pay

Ahead of New IPhone Announcement, More Bad News for Apple Pay

by March 21, 2016 at 11:34 am 0 comments

The pain associated with EMV transactions — slowness, grouchy salespeople, confused customers in the line ahead of you — was supposed to be a good thing for mobile payments. It hasn’t turned out that way. While first time usage of Apple Pay is up, repeat usage is down, according toRead More

Ally Bank to Add Android Pay and Samsung Pay

Ally Bank to Add Android Pay and Samsung Pay

by March 18, 2016 at 4:27 pm 3 comments

Ally Bank will add Android Pay and Samsung Pay functionality “later this year,” Bank Innovation has learned. These additions would join Ally’s Apple Pay service, which the bank introduced this week. In a fourth feature introduced in recent months to simplify and enhance customer use of Apple products for mobile banking, AllyRead More