Transit agencies in the US would benefit from introducing open loop contactless fare payment systems but widespread adoption “has remained elusive” owing to challenges that both the US public transportation and payments sectors need to address, according to a report by the Washington DC-based Brookings Institution research group... More
Archive for January 2023
California to roll out digital driving licences that users can store on their mobile phone
The US state of California is planning to launch a digital driving licence that users will be able to store in a digital wallet on their smartphone, the state governor Gavin Newsom has revealed... More
Moscow Metro reports on face biometric ticketing adoption
Passengers travelling on the Moscow Metro and Moscow Central Circle services in the Russian capital paid for a total of around 32m journeys using the network’s FacePay biometric contactless fare payment system and more than 220,000 new users registered to use FacePay during 2022, Moscow Metro reports... More
Nationwide reports first increase in cash withdrawals from ATMs in the UK for 13 years
The total number of cash withdrawals made from Nationwide Building Society ATMs across the UK increased by 19% from 25.45m in 2021 to 30.21m in 2022, the first such increase in 13 years, the society reports... More
Delhi buses to get mobile and contactless ticketing
The Government of Delhi’s Transport Department has issued a tender inviting suppliers to design and implement a digital ticketing system on the Indian capital’s bus networks that will enable passengers to pay for their journeys via mobile ticketing, a contactless card or a RuPay-enabled National Common Mobility Card (NCMC)... More
Türkiye to extend contactless fare payments to public transport networks in 40 provinces
Residents and tourists using public transport services in 40 provinces across Türkiye will soon be able to make contactless fare payments with their credit, debit or prepaid card without needing to purchase a ticket or local transport pass... More
Six in ten in-store card payments in Europe are now contactless
More than six in ten card payments made at the point of sale (POS) across European countries within the eurozone are now contactless (62%) compared with just over four in ten in 2019 (41%), a European Central Bank (ECB) survey reveals... More
Venice to get open loop contactless fare payments across its public transport network
Passengers travelling on buses, trams, water buses and ferries in the Italian city of Venice will soon be able to make contactless fare payments with their credit or debit card or from a digital wallet on their NFC smartphone or smartwatch... More
Half of UK consumers think digital payments are making physical wallets irrelevant
Just over half of UK consumers believe that the growing popularity of digital payments is making physical wallets irrelevant (51%) and one in five say they do not expect to carry a wallet or purse within five years (21%), a figure that rises to 38% among millennials, according to a Mastercard survey... More
Dejamobile adds support for pre-authorization to its ReadyToTap Payment for Merchants softPOS solution
PARTNER NEWS: Dejamobile has added support for pre-authorizations to its white label softPOS solution, making it possible for merchant service providers, acquirers and payments facilitators to provide hotels, car rental agencies and other merchants with the ability to accept contactless transactions that include a pre-authorization element on a standard Android NFC phone... More
European Central Bank lays out design options for digital euro
The ECB has laid out a series of design and distribution options for a digital euro that describe how the Eurosystem and supervised intermediaries such as commercial banks would operate in order to issue, distribute and settle transactions made using the proposed central bank digital currency. More
McDonald’s trials contactless fast food outlet in Texas
McDonald’s is testing an automated contactless system at an outlet near Fort Worth in the US state of Texas that enables customers to order, pay for and collect food and beverages prepared by staff in the outlet’s kitchen from a conveyor belt without needing to use a conventional checkout or pick up their orders from a front-of-house employee... More
Abu Dhabi Islamic Bank rolls out contactless payment wearables
Customers of Abu Dhabi Islamic Bank (ADIB) can now make tokenized contactless payments using a range of wearables, including a contactless payments ring and a clasp with an embedded contactless payments chip that they can attach to a watch, bracelet or other wearable accessory... More