The Government of India has introduced a series of incentives designed to encourage consumers and businesses to adopt digital and mobile payments and significantly reduce the use of cash in the economy — including plans to encourage banks to introduce one million point-of-sale terminals by March 2017, rising to two million by September... More
Archive for February 2017
India Budget: New measures to promote mobile payments
The Indian government has unveiled new measures to promote a digital economy during its 2017 Budget speech, including “the imminent launch of Aadhaar Pay, a merchant version of the Aadhaar-enabled payment system”, The Times of India reports... More
GlobalPlatform framework gives consumers control over their own secure element section
GlobalPlatform has released a new framework that gives consumers control over which secure applications can be used within part of the secure element (SE) of their trusted devices, without compromising security for the SE as a whole. More
Tostitos tortilla chip bags use NFC to order an Uber when consumers are too drunk to drive
US consumers can now order a discounted Uber ride by tapping their NFC smartphone against a bag of Tostitos tortilla chips when they have had too much to drink. The bag detects the presence of alcohol on a person’s breath and shows either a green or red steering wheel to alert the consumer of whether or not they are safe to drive home. More
Samsung Pay preps for Indian debut
Samsung Pay is preparing to launch in India... More
Irish bank waives fees on contactless transactions
Allied Irish Banks (AIB) is waiving the transaction fee for all transactions made using contactless cards or NFC mobile devices... More
Apple Pay triples users in 2016 and prepares to launch in Taiwan
The number of Apple Pay users has more than tripled over the past year, with transaction volume up 500% year-over-year, Apple CEO Tim Cook revealed during the company’s first quarter earnings call. The mobile payment service is also expected to launch in Taiwan “soon”. More