NSW Police bust alleged Host Card Emulation fraud ring
NSW Police have arrested three men for allegedly using Host Card Emulation (HCE) to make fraudulent purchases.
NSW Police have arrested three men for allegedly using Host Card Emulation (HCE) to make fraudulent purchases.
Visitors to the Royal Melbourne Show in September had the option of using a smartcard payment system rather than digging in their pockets for cash.
Major Australian banks have made mobile payments a priority tech initiative and are in various stages of rolling out technology that lets customers pay with smartphones. Commonwealth Bank and Westpac are so far leading the pack, but ANZ Bank and National Australia Bank (NAB) say they are planning to make their own moves soon.
Apple has finally added near field communications (NFC) capabilities with its latest iPhone 6, which is likely to be a tipping point for increased uptake of mobile payment technology, says Telsyte analyst Rodney Gedda.