Sweden’s central bank The Riksbank has begun testing a digital currency designed to enable consumers to store an electronic version of the Swedish krona in a digital wallet and make payments, deposits and withdrawals using a mobile app. More
The next edition of Android will include support for mobile driving licences and will also provide enhanced biometric verification features, Google has revealed. More
Chevron has added support for PayPal’s Venmo P2P payments service to its Chevron and Texaco mobile apps, making it possible for drivers to share or split their fuel purchases with passengers... More
Domino’s customers in the US can now use Pie Pass, a new service that lets buyers who place their order online or via the company’s app use a dedicated express pickup system when they collect their pizza... More
Shell and Dunkin’ have launched the ‘Sip Dunkin’, Save at Shell’ scheme that rewards members of both retailers’ loyalty programmes with a 10 cents per gallon saving on their fuel purchase whenever they have bought five beverages at a Dunkin’ outlet... More
Iconic UK retailer M&S is expanding its mobile self-checkout service to 49 stores across London, following a successful pilot at six stores that saw a Mobile Pay Go transaction being made every three seconds during lunchtime trading... More
A new ticketing system is to be introduced for users of public transport in the Australian capital city of Canberra... More
Merchants can now use Apple Pay to let shoppers purchase items from directly within an augmented reality experience, using a new Custom Action feature Apple has rolled out for AR Quick Look... More
The next version of the Chrome web browser for Android will include support for NFC tags, making it possible for developers to integrate tag reading, writing and data exchange directly into websites and web apps to improve the user experience and add new functionality — without the need for a user to download an app... More
Mastercard is working with transport operators on the development of new biometric ticketing solutions that will make it possible for passengers to be automatically identified as they board a service, the payments network has revealed. More
KNOWLEDGE CENTRE: Combining NFC and RFID tags with blockchain technology makes it possible to create secure, end-to-end global supply chains that eliminate the risk of counterfeit goods entering the system, reduce management complexity and increase transparency, STMicroelectronics explains in a new white paper now available to download from the NFCW Knowledge Centre... More
Las Vegas restaurant Makers & Finders is the first to use a new service that lets diners scan a QR code on their printed bill to pay for their meal with Apple Pay... More
PARTNER NEWS: STMicroelectronics has received NFC Forum certification for the ST25R3916, a high performance NFC universal device and EMVCo reader that is fully compliant with ISO 14443A/B, ISO 15693, ISO 18092, Felica and NFC Forum standards... More
Payments made via Apple Pay now account for around 5% of global card transactions, according to research firm Bernstein — and are set to represent 10% of all card transactions by 2025... More
Global contactless transaction values will reach nearly US$6tn in 2024, up from US$2tn today, Juniper Research forecasts. More
South Dakota State University students, faculty and staff are now able to add their MyJacks ID cards to their iPhone or Apple Watch and then use their mobile phone or wearable to make on-campus payments and gain access to residence halls and other facilities... More
Virgin Voyages is to issue contactless wristbands to its cruise passengers, enabling them “to not only unlock their cabin with ease, but also to explore all of the thrills and great experiences that Scarlet Lady and the rest of our fleet will have to offer”... More
A solution that uses NFC shelf-edge labels to let passengers self-checkout and pay for their shopping using their mobile phone is undergoing pilot testing at Munich Airport... More
“We had a tremendously successful launch in India from which we learnt a lot of features, and we are bringing that and we are revamping our payments products globally,” Alphabet CEO Sundar Pichai has revealed... More
‘Low KYC’ norm to help mobile wallets retain their customers — Economic Times — “In a move set to bring relief to scores of mobile wallet firms such as Paytm, PhonePe, Amazon Pay and their several million users, the Reserve Bank of India (RBI) will allow wallet service providers to continue operating their millions of non-compliant know-your-customer (KYC) accounts which earlier faced cancellation… An estimated over 200m mobile wallets ran the risk of being cancelled by the regulators, once the deadline to upgrade their non-compliant accounts to ‘full KYC’ accounts expires on February 29.”
