The UK’s Royal Mint has unveiled a payment card that is produced entirely from 18-karat gold and comes with “no spending limit”... More
Royal Mint produces solid gold payment card
- Royal Mint produces solid gold payment card
- EMT to pilot blockchain and face recognition ticketing in Madrid
- Survey pinpoints roadblocks to US mobile payments adoption
- Japanese merchants report sharp increase in mobile transactions
- Raiffeisen Bank picks Antelop for NFC payments and strong customer authentication
EMT to pilot blockchain and face recognition ticketing in Madrid
Madrid public transportation operator EMT has announced plans to run two next-generation transportation payments pilots. The first is a blockchain-based mobility-as-a-service platform while the second involves a six month pilot of face recognition based ticketing on the city’s buses. More
Survey pinpoints roadblocks to US mobile payments adoption
A major investigation into US consumers’ attitudes to mobile payments has found that concerns over how well they would be protected against loss should an issue arise is now the major barrier to widespread adoption of the technology... More
Japanese merchants report sharp increase in mobile transactions
The introduction of the Japanese government’s Cashless Japan initiative, which provides consumers with cashback incentives when they use a card or mobile phone to make a purchase, has led to a significant upswing in mobile payments adoption, according to reports from a number of merchants and mobile payments providers... More
Raiffeisen Bank picks Antelop for NFC payments and strong customer authentication
PARTNER NEWS: Raiffeisen Bank has launched an Android NFC mobile payments service in Romania and the Czech Republic that uses Antelop Solutions’ digital payments and tokenization platform... More
Dubai to launch virtual Nol transit card in 2020
Dubai’s Roads & Transport Authority is to introduce a mobile version of its Nol transit card next year, enabling both tourists and local residents to use their NFC phones to travel on metro, tram, bus and maritime public transportation services... More
NatWest begins biometric credit card pilot
The UK’s NatWest bank has begun a three-month pilot of a biometric credit card that enables customers to make contactless transactions of up to £100 (US$123) instead of the usual maximum value of £30 (US$37)... More
Paris to use host card emulation to boost NFC transit ticketing availability
The number of passengers able to use the NFC transit ticketing system which went live in Paris in September is to be increased in 2020-21 with the addition of support for host card emulation (HCE)... More
French government to include NFC passport reading in digital identity app
A new digital identity service to be introduced by the French government this year will use NFC passport reading to enable citizens to use their smartphone to securely enrol themselves onto the system... More
Samsung Pay adds digital cash card and money transfers
Samsung Pay users in the US are now able to send international money transfers from within the mobile payments app — and use a new Samsung Pay Cash account to make payments in stores and online “right from the Samsung Pay app”... More
NXP updates Android NFC TagWriter app
PARTNER NEWS: Chipmaker NXP has updated NFC TagWriter, its Android app that can write and rewrite information such as contact data, web links, WiFi and Bluetooth connection details, as well as triggers for emails, calls, text messages, apps and more, into single or multiple NFC cards and tags... More
McKinsey includes NFC tags in Mall of America technology showcase store
A new store in the largest shopping and entertainment complex in North America has opened as a testbed for the latest retail technologies — and products on sale have been equipped with NFC tags... More
Zhengzhou Metro rolls out face recognition ticketing
Face-scanning metro check-in and payment launched in central China — Xinhua — “Zhengzhou Metro in central China’s Henan Province has ushered in the face-scanning era, as a new check-in and payment system based on facial recognition was launched on Friday… It is the first face-scanning metro check-in and payment system in the country launched along a full metro line, providing passengers with a better experience of quick pass access and automatic ticket buying.”
UnionPay reports 200m mobile payments users
There are now more than 200 million users of the UnionPay mobile payments app, the China-based payments network reports, and more than 3m merchants outside mainland China now accept UnionPay mobile payments... More
China to move to common QR payments standard
In depth: The fight for dominance in China’s mobile payment market — Caixin Global — “Under the plan, by the end of 2021 all merchants will be able to use one universal barcode to facilitate transactions through different payment service providers, including banks, Alibaba’s Alipay and Tencent’s WeChat Pay. Currently, payment providers issue different barcodes that can be used only on their own services.”
Amazon to make its cashierless Go technology available to other merchants?
Amazon is in talks to bring its cashierless Go technology to airports and movie theaters — CNBC — “Amazon is in talks to bring the cashierless technology that runs its Go stores to other retailers like airport shops and movie theatres, according to people familiar with the matter… The idea is to start installing the technology working for customers in the first quarter of 2020 and have hundreds of these stores working by the end of 2020, two of the people said. One person said Amazon hopes to have the upgrade process take just two weeks.”
Payments networks to drop support for Facebook’s Libra digital currency?
Visa, Mastercard, others reconsider involvement in Facebook’s Libra network — The Wall Street Journal — “Visa Inc, Mastercard Inc and other financial partners that signed on to help build and maintain the Libra payments network are reconsidering their involvement following a backlash from US and European government officials, according to people familiar with the matter.”
Mexico switches on national NFC and QR instant mobile payments platform
Mexico’s Cobro Digital national mobile payments platform — known as CoDi — is now live across the country, enabling consumers to make NFC and QR payments via their mobile banking app and letting merchants receive funds instantly with no commission charges to pay... More
German government adds iPhone NFC identity card reading to digital ID app
The German government is using the NFC contactless chip reading capabilities now available on Apple iPhones in a new iOS app that lets citizens securely identify themselves to a range of online service providers by reading their contactless national ID card with their smartphone... More
Japanese government offers discounts to consumers making cashless payments with cards and mobile phones
Japan’s Ministry of Economy, Trade and Industry (METI) has launched a major initiative designed to persuade consumers to move away from paying in cash, by providing a rebate whenever they use a card or mobile phone to make a purchase at any of 500,000 merchants across the country. More
