The People’s Bank of China (PBOC) has “found counterfeit digital yuan wallets on the market,” the head of the bank’s digital currency research institute Mu Changchun has revealed... More
PBOC reports first counterfeit digital currency wallets
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JPMorgan begins digital currency test
JPMorgan Chase’s JPM Coin digital currency is now being used commercially for cross-border payments by “a large international technology company”, the US banking giant’s Takis Georgakopoulos has told CNBC... More
CTA adds support for Apple Pay Express Transit for tap-and-go fare payments in Chicago
Passengers on Chicago Transit Authority (CTA) bus and train services can now use their iPhone or Apple Watch to make tap-and-go fare payments via Apple Pay’s Express Transit mode by uploading the authority’s Ventra transit card to their Apple Wallet... More
University of Tennessee reports on NFC campus ID adoption
Students and staff at the University of Tennessee in the US are now using mobile campus ID cards stored on their iPhone or Apple Watch to gain access to buildings and make on- and off-campus payments an average of 46,000 times a day, more than double the average six months ago... More
Russia launches public consultation on digital ruble
The Central Bank of Russia (CBR) has begun a public consultation on the launch of a central bank digital currency (CBDC) that would allow citizens to use “mobile devices and other media” to make payments using a digital ruble... More
India bans mobile payment providers from launching new proprietary QR codes
Payment system operators in India can no longer issue new proprietary QR codes for mobile payments, the Reserve Bank of India (RBI) has announced... More
Visa: Consumers have made an extra 500m touch-free payments in Europe since contactless limits were increased
Visa has processed 500m additional PIN-less, touch-free transactions since contactless payment limits were increased in 29 countries across Europe in response to the Covid-19 pandemic, the card network reports... More
Transport for NSW to trial digital Opal card with 10,000 commuters
Passengers who use their Opal transit card to pay for transport fares in the Australian state of New South Wales are to take part in a pilot of a digital version of the card which is set to go live before the end of this year... More
Walgreens lets customers pay with points at the POS
Customers of Walgreens in the USA can now use their payment card loyalty points to make full or partial payments for purchases they make in stores... More
Poppy appeal adds contactless donation boxes in Canada
Customers of HSBC Bank Canada can use their bank cards, mobile phones and wearables to make contactless donations to the Royal Canadian Legion’s National Poppy Campaign via tap-enabled donation boxes... More
HID Global launches combo NFC and RFID tags for tracking returnable industrial containers
PARTNER NEWS: HID Global has launched a range of tags that combine NFC and Rain RFID technologies to enable companies to track, locate, identify and authenticate bulk containers, gas cylinders, steel kegs and other industrial returnable transport items... More
NXP launches secure UWB chips for hands-free access control, payments and IoT
PARTNER NEWS: NXP has released a portfolio of secure ultra-wideband (UWB) chips that enable more accurate positioning and sensing for hands-free access control, payments and IoT use cases... More
Central bank launches digital currency in the Bahamas
Citizens of the Bahamas can now make payments and transfers from a digital wallet using the country’s Sand Dollar central bank digital currency (CBDC)... More
ExxonMobil to combine NFC and QR mobile payments at the pump
Drivers refuelling their vehicles at Exxon and Mobil fuel stations across the USA will soon be able to make seamless contactless payments at the pump with their Apple or Android mobile device simply by tapping an NFC sticker or by using the camera to scan a QR code printed on it... More
BBVA begins global rollout of mobile-first credit cards
Customers of BBVA bank in Spain can now apply for a ‘blank’ physical and digital payments card with ‘hidden’ credentials and a dynamic CVV code that can be used in credit, debit or prepaid mode... More
Visa lets merchants in 15 countries accept contactless payments on standard NFC phones
Merchants in more than 15 countries around the world are now able to use Android NFC smartphones and tablets to accept contactless payments with no additional hardware required, Visa has announced... More
Shenzhen residents spend nearly 9m digital yuan during CBDC pilot
China’s ‘red envelope’ lottery giveaway of digital yuan to 50,000 residents of Shenzhen resulted in 62,788 transactions with a total value of 8.764m yuan (US$1.32m) during the week-long central bank digital currency (CBDC) test in the city... More
Six in ten US merchants now accept contactless payments
The percentage of merchants in the USA that now accept contactless payments has risen to 58% from 40% last year, while those accepting mobile payments from digital wallets has gone up to 56% from last year’s 44%, according to research released by the National Retail Federation (NRF)... More
Kazakhstan to roll out face recognition transit ticketing in 2021
Passengers using public transport in the Kazakhstan capital of Nur-Sultan will be able to pay for their tickets by showing their face to an on-board camera from the beginning of next year... More
Pizza maker teams up with delivery service to let robots make and deliver orders to the door
Consumers will be able to use their mobile device to order a takeout pizza that is both made and delivered to their door entirely by robots using a fully automated, contactless system being developed in California... More