Speaking at a Samsung event in New York City, JK Shin, CEO and head of IT and Mobile Communications Division, revealed that Samsung Pay will launch in Korea on August 20th and in the United States on September 28th.

Bouncepad, a London-based tablet manufacturer specialising in POS technology, has teamed up with PayPal, joining their payment products together to create a contactless solution for SMEs and consumers.

Visa has revealed that Samsung has joined the Visa Digital Enablement Program, which offers a commercial framework that makes it easier for issuers and technology companies to access the Visa Token Service.

American Banknote Corporation, the secure payment and identification solutions company, and MeaWallet, a provider of cloud-based payment services, have formed a strategic partnership to deliver open loop mobile wallet solutions to ABnote customers worldwide.

Boku, the carrier billing and cross-platform mobile payments company, has acquired mobileview Italia, a provider of mobile payment solutions in Italy.

Coinify, the Danish bitcoin payment company, has acquired its Dutch rival Coinzone in a move that will strengthen its presence in the European Bitcoin market.