Global payment card shipments will total 3.029bn in 2022, falling slightly from the total of 3.11bn cards shipped during 2021 because of the impact of the Covid-19 pandemic and ongoing disruption to the global chip supply, according to a forecast by ABI Research... More
A quarter of all debit and credit card transactions made in Australia are now made using a mobile wallet (25%), up from 10% in the March quarter of 2020, according to figures from the Reserve Bank of Australia (RBA). ... More
Visa has processed more than 1bn contactless fare payments on transit systems around the world over a period of 10 months, signalling “rapid growth” in the uptake of digital payment options, the card network reports... More
More than four in ten UK consumers now make in-person and ecommerce purchases from their mobile device on a weekly basis (43%), making mobile payments “the predominant form of payment” in the country with mobile commerce transaction values predicted to reach £100m (US$112m) by 2024, according to research published by payment services provider Rapyd... More
Digital ticketing transaction values worldwide will exceed pre-pandemic levels next year and reach US$1.7tn in 2027, up from US$768bn in 2022, according to a forecast from Juniper Research... More
The European Central Bank (ECB) is to trial five prototype digital euro payment solutions to test how front-end user interfaces and back-end infrastructure can be integrated to enable users to make peer-to-peer, point-of-sale and ecommerce payments with the proposed central bank digital currency... More
A consortium of government agencies, financial institutions, payments networks and technology providers from Denmark, Germany, Iceland, Italy, Latvia and Norway is proposing to launch a large-scale payments pilot to explore how the European Digital Identity Wallet being developed by the European Commission would support cross-border transactions... More
The Linux Foundation, a non-profit technology consortium that hosts and promotes the development of open source projects including the Linux kernel and Kubernetes, has launched a collaborative effort to develop open source software to support interoperability for a wide range of digital wallet use cases including digital identity and payments. ... More
Finland is to develop and pilot an interoperable digital identity network that will enable users to securely authenticate their identity and share personal data such as professional qualifications across a wide range of use cases using ID documents and credentials stored in a digital wallet... More
Apple is to add a feature to iOS 16 that will enable iPhone users to securely share NFC digital car, house, workplace and hotel room keys held in Wallet with colleagues, friends and family via messaging apps such as Messages, Mail and WhatsApp... More
iPhone and Apple Watch users in the US can now verify their identity in third-party apps with their digital driving licence or state ID card stored in Wallet... More
Apple iPhone users can now check public transport fares and add transit cards to Wallet as well as check and replenish an existing card balance directly from Maps... More
Global contactless transaction values will reach US$10tn by 2027, up from US$4.6tn in 2022, with contactless mobile and wearable payments expected to grow by 221% and contactless card payments by 119% over the same period, according to a Juniper Research forecast... More
A slide deck and video recording of EMVCo’s keynote presentation at Contactless World Congress on the future of contactless payments are now available to access free of charge in the NFCW Knowledge Centre... More
Researchers at the University of Glasgow in the UK have developed a hybrid technique for “robustly” integrating solid NFC chips with printed circuits on flexible materials such as fabric and paper that could “extend the effective use of flexible electronics in applications such as smart tags, IoT wearables, robotics, ultrathin displays, healthcare and so on” by enabling the development of active tags... More
Customers purchasing special anniversary gift boxes of Chinese tea brand Halfism’s Fuding white tea can now verify their purchase is genuine, access detailed product information and receive coupons towards future purchases by scanning an NFC tag embedded in the product’s packaging with their NFC smartphone... More
Dutch retail chain Hema is to trial a software-only point-of-sale (sPOS) solution that enables staff to accept contactless payments on any Android smartphone or tablet without needing any additional hardware or accessories... More
Luxury fashion brand Balmain Paris has added NFC tags to jackets and patches in its Balmain x Pokémon range that enable purchasers to unlock rewards and access an immersive digital experience by tapping the tag with their Apple or Android NFC smartphone... More
Danish public transport fare system provider Rejsekort & Rejseplan (RKRP) is trialling a hands-free automated app-based mobile ticketing system on bus and train services in Denmark’s North Jutland region as part of plans to develop a national digital mobility solution combining travel planning, booking, ticketing and payment across private and public modes of transport... More
More than 710,000 Greek citizens have used the Greek government’s Gov.gr Wallet app to create and store a digital version of their national identity card on their smartphone and more than 563,000 have used it to generate a digital version of their driving licence since the service went live last month... More