Customers of India’s Icici Bank can now make a cash withdrawal at any of the bank’s 15,000 ATMs, using just their mobile phone... More
Icici Bank lets customers withdraw cash with their mobile phones
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Metro do Porto to add support for contactless payments
Public transportation users in the Portuguese city of Porto will be able to begin using their bank card to tap on and off metro and tram services from the second quarter of 2020, Metro do Porto has announced... More
Shell lets Fiat Chrysler drivers pay for fuel from their vehicles
Chrysler, Dodge, Jeep and Ram drivers can now use Uconnect Market, Fiat Chrysler Automobiles’ new in-vehicle commerce platform, to pay for fuel at Shell-branded stations across the US... More
Port Authority to pilot mobile ticketing on Pittsburgh buses
Port Authority to begin testing pay-by-smartphone; rollout expected by the end of the year — Port Authority of Allegheny County — “Hardware is being installed so Port Authority employees and select stakeholders can begin testing the application and associated hardware… Public testing and the public release of the mobile application are expected to occur later this year.”
Amazon to test palm payments at the point-of-sale
Cash, plastic or hand? Amazon envisions paying with a wave — The Wall Street Journal — “The tech giant is creating checkout terminals that could be placed in bricks-and-mortar stores and allow shoppers to link their card information to their hands, according to people familiar with the matter. They could then pay for purchases with their palms, without having to pull out a card or phone.”
ITSO reports on the role of transit ticketing in mobility-as-a-service solutions
Integrating smart transit tickets into mobility-as-a-service (MaaS) solutions holds the promise of allowing consumers to easily plan and pay for journeys that make use of a full range of public transportation, bike, taxi, rideshare and other mobility options, UK ticketing standards body ITSO explains in a white paper now available to download from the NFCW Knowledge Centre.... More
India’s Icici Bank launches open banking portal
Icici Bank launches India’s largest API banking portal with nearly 250 APIs — Icici Bank — “The Icici Bank API Banking portal, which consists of 250 APIs, enables developers of prospective partner companies across the globe to seamlessly sign up on it, create an application, select the application, test it out and get the sample code. With this, businesses, fintechs, corporates and e-commerce start-ups can easily partner with the Bank and co- create innovative customer solutions in a frictionless manner, all from the convenience of a single portal.”
Malaysian government offers cash incentives to mobile payments users
Overwhelming response on first day of RM30 e-Tunai initiative — The Star — “The claims for the e-Tunai Rakyat initiative kicked off today with Touch ‘n Go eWallet, Boost and GrabPay selected to be the service providers for the project… Malaysians aged 18 and above and who earn less than RM100,000 (US$24,533) annually will be eligible to receive RM30 (US$7.36) each through any of the participating e-wallets.”
Indonesia begins EMV QR mobile payments rollout
Indonesia imposes standard QR code, fixed fees for e-wallets — Tech in Asia — “Indonesia’s central bank, Bank Indonesia (BI), officially imposed the QR code standardization called QRIS (Indonesian Standard QR Code) on January 1. This means that all mobile payment providers must replace their QR code with QRIS for easier transactions.”
Apple Pay users report double-charging issue on New York subway
Some NYC subway riders are accidentally getting double-charged because of Apple Pay — The Verge — “Some people have the Express Transit feature enabled, but are still using their MetroCard to pay for rides. While swiping their MetroCard, their iPhones are somehow coming into contact with the reader, either because they were holding it in their hands or through a pocket or purse, the MTA suspects.”
Caltrain to introduce mobile ticketing app
Caltrain launches new Caltrain mobile ticketing app — Caltrain — “On February 10, Caltrain will launch Caltrain Mobile, the rail agency’s official mobile ticketing application that allows riders to purchase and activate tickets from their smart phone devices… The app offers One-Way, Day Pass and Zone Upgrade digital tickets for adults and passengers who qualify for discounted fare.”
Visa to acquire Plaid in $5.3bn move into open banking and integrated payments
Visa is to acquire Plaid for US$5.3bn, in a move that CEO Al Kelly says “will put us at the epicentre of the fintech world, expanding our total addressable market and accelerating our long-term revenue growth trajectory”... More
Visa to let merchants accept contactless payments on Android NFC phones
Visa has unveiled Tap to Phone, a new software-only solution that enables merchants to accept contactless payments on Android NFC mobile phones, without the need for any additional hardware... More
Samsung Pay adds ‘do not sell my data’ option for US users
A new privacy controls section now lets users of Samsung Pay in the US opt to prevent the company from selling their data to “Samsung Pay Partners”, XDA Developers reports... More
MTA to add new Omny contactless fare options
New York’s Metropolitan Transportation Authority (MTA) is to add support for “all remaining fare options, including unlimited ride passes, reduced fares, student fares, and more” to its Omny contactless payments service from next year... More
Chinese mobile payments users report high levels of fraud
A survey of more than 150,000 Chinese digital payment users has found that two-thirds have come across deceptive QR codes and 40.8% have had their codes surreptitiously forwarded to other people in the past year... More
NXP reports on biometric payment cards
Biometric cards equipped with built-in fingerprint sensors have the potential to make payments both safer and easier, but the technology is still new and there are critical elements that need to be put in place to ensure widespread adoption, NXP explains in a white paper now available to download from the NFCW Knowledge Centre... More
Dejamobile to host digital payments workshops at Paris Fintech Forum
PARTNER NEWS: NFCW readers are invited to join Dejamobile and speakers from Arion Bank, Crédit Agricole, GVS, Stocard, Tribe Payments and Valitor for two digital payments workshops taking place at the Paris Fintech Forum on the morning of 28 January 2020... More
Bangladesh begins national QR mobile payments rollout
Mutual Trust Bank has announced it is to be the first bank in Bangladesh to go live with Bangla QR, an interoperable QR payments system backed by the country’s central bank... More
Sao Paulo to roll out contactless payments across bus network
All buses in the Brazilian city of Sao Paulo will accept payments via Mastercard and Visa contactless cards, Samsung Pay, Apple Pay and Google Pay by the end of this year, local business magazine Exame reports... More