Contactless payments will account for more than half (57%) of the total global value of transactions made at the point of sale (POS) by 2026, compared with just under 25% in 2021, Juniper Research predicts... More
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EU Digital Covid Certificate goes live across European Union
The European Union’s Digital Covid Certificate is now live across the EU as well as in non-member states Norway, Iceland and Liechtenstein, enabling residents to be issued with a proof of their Covid-19 vaccination status, negative Covid test result or recovery from the illness that is recognised regionwide... More
Beijing Rail Transit lets passengers pay their fares with digital yuan
Passengers on 24 subway lines and four suburban rail services in the Chinese capital of Beijing can now use the country’s central bank digital currency (CBDC) to make contactless payments for their fares from a digital yuan mobile wallet issued by the Industrial and Commercial Bank of China... More
Google Pay lets users store digital Covid vaccination certificates on their Android device
Google Pay has updated its Passes API to enable healthcare organisations, government agencies and other authorised bodies to create digital Covid-19 vaccination and test result certificates that Android users can store and display directly on their mobile device even if they have not installed the Google Pay app... More
Translink to roll out interoperable fare-capped contactless ticketing across Northern Ireland
Public transport users in Northern Ireland will soon be able to make tap-on-tap-off contactless fare payments on all bus and rail services across the whole province using their debit or credit card or a single transit smartcard... More
SEPTA reveals plans to expand mobile payments for transit ticketing in Philadelphia
South East Pennsylvania Transportation Authority (SEPTA) in the US is planning to upgrade or replace its SEPTA Key transit card system in order to offer passengers on its bus, trolley and rail networks in the Greater Philadelphia region a wider range of transit ticketing options... More
UK to raise contactless transaction limit to £100 on 5 August?
The planned increase in the UK’s contactless transaction limit from £45 to £100 announced by the UK Treasury in March could come into effect on 5 August, according to a Reddit user... More
Vipps, MobilePay and Pivo to merge and launch single digital wallet across Scandinavia
Bank-owned Nordic mobile payment providers Vipps in Norway, MobilePay in Denmark and Pivo in Finland are to merge and will create a single digital wallet that consumers can use in all three countries, as well as for cross-border payments... More
Researchers unveil dissolvable wireless pacemaker powered by NFC
Scientists at Northwestern and George Washington universities in the US have developed a wireless, battery-free implantable pacemaker that uses NFC to harvest energy from an external antenna and dissolves after it is no longer needed to control a patient’s heartbeat... More
Digital payments now exceed cash for purchases at US vending machines
The average number of digital payments made for purchases from vending machines in the US grew steadily during 2019, finally exceeded those made with cash in April 2020 and continued to increase over the course of 2020, a new study shows... More
Eftpos rolls out secure digital identity exchange for Australian consumers
Australia’s Eftpos national debit card system has launched a digital identity exchange solution that enables consumers to share personal information held by trusted digital ID providers in a wide range of use cases, from opening an online account and making online payments to accessing government services or providing proof of age... More
US credit union to let customers authenticate banking transactions with mobile driving licence
Utah Community Credit Union (UCCU) is to become the first financial institution in the US state to let its customers use Utah’s mobile driving licence (mDL) as a legal form of identification for all banking transactions... More
Visa to begin rolling out instalment payments in Canada
Visa is to launch its Visa Installments payments service in Canada, enabling consumers to choose to pay for purchases made using their credit card in smaller instalments over a specified period of time... More
Russian fast food chain rolls out biometric payments so customers can ‘pay with a glance’
Customers at Kio Kukhnya fast food outlets in the Russian city of St Petersburg can now pay for their food and beverages at payment terminals equipped with biometric pay-with-a-glance technology... More
Polish cinema lets moviegoers pay for tickets using their eyes
Moviegoers at the Nowe Horyzonty Cinema in the Polish city of Wroclaw can now pay for their tickets with their eyes via a biometric payments system that makes use of iris recognition technology... More
Hong Kong virtual bank launches ‘all-in-one’ numberless debit and credit card
Customers of Hong Kong-based virtual bank Mox can now apply for an “all-in-one” numberless payments card that they can choose to use as either a debit or a credit card whenever they make a transaction... More
Survey: more than six in ten US consumers say they would pay for a biometric card
Some 65.5% of US consumers would pay for a biometric credit card that has a built-in fingerprint reader for authenticating payments, according to a survey of American credit card users... More
Stockholm to add EMV white label card for closed loop transit ticketing
Passengers travelling on metro, rail, bus, tram and boat services in the Swedish capital of Stockholm will soon be able to use an EMV white label card issued by the city’s Storstockholm Lokaltrafik (SL) transit authority to make EMV contactless payments for their fares... More
Thai and Malaysian central banks roll out real-time cross-border QR payments
Consumers from Thailand can now make instant cross-border QR code-based payments for goods and services to merchants in Malaysia from their mobile payments app using a service being launched by the Bank of Thailand and Bank Negara Malaysia... More
Beijing banks add support for digital yuan at 3,000 ATMs
Customers of the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China can now exchange cash for digital yuan and vice versa at more than 3,000 ATMs across Beijing, China, according to a report by the Xinhua news agency... More