The total value of contactless card transactions worldwide will reach US$2.5tn in 2021, up from US$1.7tn in 2020, Juniper Research predicts. The researchers also forecast that card payments will retain “the majority share of overall contactless transaction values at 79% in 2021”. More
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Polish mobile payments service lets users make NFC payments direct from bank account
Consumers in Poland will soon be able to use their Android NFC device to make tokenized contactless payments at the point of sale (POS) directly from their bank account via their mobile banking app without needing a debit or credit card... More
Swiss mobile payments provider to roll out cross-border payments in 2022
Swiss consumers with a Twint digital wallet will be able to make digital payments with their credit card or directly from their bank account in other European countries from 2022, the Swiss mobile payments service says... More
Japanese university trials face payments for users wearing a mask
Students and staff at Kindai University in the Japanese city of Osaka are testing a biometric payments service that enables them to authenticate payments with their face even when they are wearing a mask... More
Liverpool Football Club rolls out NFC ticketing for all home games
Fans of Liverpool Football Club in England will be able to gain entry to home games at Anfield Stadium by scanning a digital NFC season pass or match ticket stored on their smartphone at stadium turnstiles... More
Moscow Metro lets passengers top up their Troika transit card from their mobile banking app
Passengers travelling on Moscow Metro can now buy and top up a Troika transit card directly from within their mobile banking app... More
People’s Bank of China issues digital yuan trial progress report
Nearly 21m (20.87m) personal and 3.51m corporate digital yuan wallets have so far been issued during China’s ongoing trials of its central bank digital currency (CBDC), the People’s Bank of China (PBOC) has revealed... More
Digital passport for thoroughbred racehorses rolls out in UK and Ireland
Owners, trainers and breeders of thoroughbred racehorses in the UK and Ireland will soon be able to receive a digital passport that will allow them to confirm the identity of a horse and store information about its health, welfare, movements and ownership... More
European Central Bank officially launches digital euro project
The European Central Bank (ECB) has officially launched its digital euro project with a two-year investigation into key issues regarding the design, distribution and use of a central bank digital currency (CBDC)... More
Researchers unveil fabric-friendly NFC sensors that track tags, everyday objects — and people
Scientists at Carnegie Mellon University in Pittsburgh in the US have developed fabric-friendly NFC sensors that can be woven into the surface of everyday objects such as cushions and pillows and enable them to locate other objects and sense a human presence... More
Google lets US Android users make in-store NFC payments from their Google Pay balance
Google Pay users with an NFC-enabled Android smartphone in the US can now request a virtual debit card that allows them to make in-store contactless payments directly from their Google Pay balance... More
Canadian restaurants use NFC to track reusable food containers
Customers ordering takeaway food from eight restaurants in the Canadian city of Waterloo can now opt to receive their order in a reusable and recyclable food container embedded with an NFC tag that allows the service provider to track each container throughout the reuse cycle... More
China to launch digital yuan nationwide after 2022 Winter Olympics?
China could be ready to officially launch the digital yuan as a fully operational central bank digital currency (CBDC) after the Beijing Winter Olympics in early 2022, according to reports in the Chinese media... More
Survey: Four in five consumers globally would use a biometric payment card
More than four fifths of consumers (81%) worldwide are ready to use a biometric payment card and authenticate payments with their fingerprint rather than a PIN code, according to a survey commissioned by a biometric technology provider... More
ST and Feig let manufacturers personalise whole pallets of NFC-enabled products in their packaging
PARTNER NEWS: STMicroelectronics and Feig Electronic have introduced a new bulk personalisation system that makes it possible for manufacturers to quickly and easily personalise large volumes of products equipped with dynamic NFC tags at a distance of up to one metre... More
MTA sees open loop fare payments double as Omny system tops 100m taps
Passengers on New York’s subway and bus services have now tapped their contactless bank card, smartphone or wearable device to pay fares using the Omny open loop fare payment system more than 100m times since its launch in May 2019, double the total of 50m the Metropolitan Transportation Authority (MTA) reported in March this year... More
New Zealand to launch national open loop contactless fare payments in 2022
Public transport users in the New Zealand city of Canterbury will be the first to be able to make contactless fare payments with a new national public transport smartcard or their own credit or debit card using an account-based open loop payments system being introduced by the Waka Kotahi NZ Transport Agency... More
Bahrain bank unveils kids’ NFC payments band that lets parents monitor transactions
Customers of Bahrain Islamic Bank (BisB) can now open a prepaid card account that enables their children to make contactless in-store payments with an NFC-enabled wristband and allows parents to digitally issue allowances and monitor transactions... More
Dutch regulator calls for extra EU rules to ensure payment app access to smartphone NFC technology
The Netherlands Authority for Consumers and Markets (ACM) is calling for amendments to current European Union legislation in order to ensure companies such as Apple provide payment apps with access to a smartphone’s NFC chip to give users a choice of in-store payment methods on their device... More
Paco Rabanne launches first NFC-enabled ‘connected fragrance’
Consumers purchasing Paco Rabanne’s latest fragrance for men can access a range of digital content, including information about the product, by tapping an NFC chip embedded in the bottle cap with their smartphone... More