What's New in Payments

Two in five US consumers still cite cash as their preferred payment method

WSFS survey graphic of trends in cash usage by US consumers in 2021

Two-fifths of US consumers (40%) still prefer to use cash and just under 40% of US businesses (39%) maintain a cash-only policy for purchases of less than US$20 “despite the availability of technology-driven forms of payment such as credit cards, debit cards and mobile wallets,” a survey by a division of WSFS Bank has found... More












NFC World

Australia pilots NFC-enabled digital visa app

Australia's digital visa app lets travellers prove their identity by scanning their passport with an NFC phone.

Australia’s Department of Home Affairs is piloting an Electronic Travel Authority (ETA) app that enables eligible travellers to apply for an electronic visa to enter the country and authenticate their identity credentials by scanning their passport with an NFC-enabled mobile device... More


What's New in Payments

Apple Pay used for more than 90% of US mobile wallet debit transactions in 2020

The number of debit transactions completed using a mobile wallet in the US rose by 51% year-on-year to approximately 2bn in 2020, with “a noteworthy” 92% of those transactions being made with Apple Pay and just 5% with Google Pay and 3% with Samsung Pay, according to research published in the 2021 Debit Issuer Study... More






NFC World

Google adds NFC to its latest Titan Security Keys

Google has added NFC functionality to both of the latest versions of its Titan Security Key, enabling Google account holders to use them as a second layer of authentication when signing into their account or compatible third-party apps and services by tapping the key on their mobile device... More