Samsung and Naver Financial have launched an integrated mobile payments service in South Korea that enables Naver Pay users to make in-store payments with their smartphone at outlets accepting Samsung Pay and Samsung Pay users to make online payments at ecommerce merchants supporting Naver Pay... More
Customers at Panera Bread outlets in St Louis, Missouri, in the USA can now opt to access their loyalty account and make contactless payments for their purchases with their palm... More
Apple Pay has launched in South Korea with support for Mastercard, Visa and local debit and credit cards issued by Hyundai Card... More
Passengers travelling on services operated by Hong Kong’s Mass Transit Railway (MTR) will soon be able to make contactless fare payments with their physical or digital credit card as well as an Octopus transit card or a digital QR code ticket on their smartphone... More
Chinese electronics manufacturer Xiaomi has filed a patent with the China National Intellectual Property Administration for technology that would enable users of its wearable augmented reality glasses to initiate and authenticate contactless QR code payments. More
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Public transport users in Germany will soon be able to purchase a physical or digital contactless travel pass that will enable them to make unlimited journeys on local and regional public transport services across the entire country for a fixed monthly fee... More
Apple users working in landmark City of London skyscraper 22 Bishopsgate can now gain access to the building, their workplace and shared amenities with a tap of their iPhone or Apple Watch using a digital employee badge stored in Wallet... More
KNOWLEDGE CENTRE: A new white paper from STMicroelectronics that sets out the benefits to both device manufacturers and consumers of using NFC to enhance, simplify and secure smart home applications is now available to download from the NFCW Knowledge Centre... More
Passengers using NJ Transit services across the US state of New Jersey who do not have a bank account or a debit or credit card can now use cash to fund the purchase of digital tickets and passes for travel on bus, train or light rail services on their smartphone... More
Passengers using rapid transit services operated by Kochi Metro in the Indian state of Kerala will soon be able to make contactless parking payments with the country’s central bank digital currency (CBDC) as part of a digital rupee pilot programme launched by the Reserve Bank of India (RBI)... More
More than eight in ten consumers in Singapore now use contactless cards (82%) and the widespread use of and preference for contactless card payments is one of the key drivers behind the country’s “shift towards becoming a cashless nation”, according to a Visa report... More
Consumers in Italy used their smartphones or wearable devices to make in-store contactless payments worth a total of €16.3bn (US$17.5bn) in 2022, an increase of 122% compared with 2021, according to the Innovative Payments Observatory (IPO) at Milan Polytechnic University... More
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The total annual value of transactions made using central bank digital currencies (CBDC) will exceed US$213bn by 2030, up from US$100m in 2023, according to a Juniper Research forecast. More
The US Department of Agriculture (USDA) is to enable citizens entitled to financial support under its Supplemental Nutrition Assistance Program (SNAP) in Illinois, Louisiana, Massachusetts, Missouri and Oklahoma to receive benefits and make NFC or QR code payments for eligible purchases on their mobile device... More
The Central Bank of Egypt (CBE) has issued regulations governing payment card tokenization on mobile apps that enable banks and payment service providers to allow customers to make contactless payments with digital cards stored in mobile wallets including Apple Pay, Google Pay and Samsung Pay... More
More than four in ten transit passengers worldwide say that tapping their own debit or credit card to make open loop contactless fare payments is their preferred fare payment option (42%), followed by tapping a card stored in their mobile wallet (39%), using a closed loop transit card (38%), cash (31%) and app-based payment (29%), according to a Visa survey... More
A consortium of Japan-based financial services and technology providers is to develop a ‘metaverse economic zone’ where consumers will be able to create a digital twin or ‘auto learning avatar’, access digital experiences and authorise payments to merchants and service providers with a digital authentication credential or ‘multi magic passport’ (MMP)... More
Mercedes drivers in Germany can now authorise in-car payments for digital services and on-demand hardware upgrades using a fingerprint sensor on their vehicle’s dashboard without needing to enter a PIN or use an additional mobile device to verify a transaction... More
The UK government has laid out proposals for establishing a framework for the use of trusted and secure digital verification services that will allow consumers to create certified digital identities for use across a range of use cases. More
PARTNER NEWS: NFC testing innovator Cilab has added a feature to its high speed tester that enables NFC terminal manufacturers to quickly and easily test a device’s RF field by making it visible in the form of a shmoo plot, 3D plot and intensity chart... More
