Payment Methods

Microsoft Wallet Adds NFC Payments

Microsoft and mobile payments

The tech juggernaut may have taken awhile to get there, but Microsoft is on the edge of rolling out its operating system, Windows 10 Mobile. As reported by International Business Times, this summer will see the unveiling of a new app through the new software anniversary update known as Redstone 1.

The new app, according to the site, will be Wallet 2.0, which will debut along with NFC Tap to Pay. The duo will bow with the anniversary update and will work with credit or debit cards and also membership and loyalty cards.

The site said that the Tap to Pay functionality is thus far limited to the United States, while the Wallet 2.0 payments are able to be facilitated across a number of merchants, such as AAA, Walgreens and YMCA, among others.

The software update has been stated to embrace Lumia devices that have been running Windows 8.1. When the app is launched, cards that have been imported to the Microsoft account will be imported into the Tap to Pay platform.

PhoneArena reported that new cards can be added manually, with a form to be filled out or through a process that would scan the cards through an app. The verification, the site said, comes through an SMS code.

——————————

LIVE PYMNTS TV OCTOBER SERIES: POWERING THE DIGITAL SHIFT – B2B PAYMENTS 2021 

Banks, corporates and even regulators now recognize the imperative to modernize — not just digitize —the infrastructures and workflows that move money and data between businesses domestically and cross-border.

Together with Visa, PYMNTS invites you to a month-long series of livestreamed programs on these issues as they reshape B2B payments. Masters of modernization share insights and answer questions during a mix of intimate fireside chats and vibrant virtual roundtables.

Click to comment

TRENDING RIGHT NOW