Mastercard is piloting a cloud-based version of its Tap on Phone payments acceptance solution, enabling merchants of all sizes to accept cloud-hosted contactless payments directly on their Android NFC smartphone or tablet... More
- National QR payments and rewards system to be launched in Australia
- Huawei Pay goes live in Pakistan
- Tencent and Ant to integrate digital yuan wallets into mobile banking apps
- European Payments Initiative issues call for technical partners
- Apple Pay goes live in Mexico
Juniper forecasts 2.2bn QR code payment users by 2025
The number of people using QR code payment services globally will rise from 1.5 billion in 2020 to more than 2.2 billion in 2025, representing close to one in three (29%) of all the world’s mobile phone users, Juniper Research predicts. More
Dynamo Kyiv to reward soccer fans with digital tokens
Fans of Ukrainian football team Dynamo Kyiv will soon be able to earn digital tokens that they can store in a mobile wallet and spend in-person at the team’s stadium and online at its digital marketplace... More
PBOC pilots contactless cards and wearables that let consumers make payments with China’s digital currency
The People’s Bank of China (PBOC) has expanded its central bank digital currency (CBDC) pilot to include a contactless ‘hard wallet’ and NFC wearables that enable consumers to make in-store and transit fare payments with their digital yuan... More
Keep up to date: Get NFCW's headlines by email every Wednesday
Korea to let banks add food ordering services to mobile apps
Banks in South Korea will be able to add a wide range of non-financial services to their mobile apps, including food ordering and delivery, following changes to the country’s financial regulatory system due to be introduced by the Financial Services Commission (FSC) in July 2021... More
UK to increase contactless spending limit to £100?
The UK could increase the limit for contactless transactions from £45 (US$61) to £100 (US$136), according to reports in the British press. More
Google Pay lets users in India get personal insights into their 2020 spending
Google Pay users in India can now access personalised information about their spending habits in 2020 using a new feature integrated into the payment service’s app... More
Samsung Pay winds down rewards scheme
Samsung Pay users in the USA are no longer able to earn Samsung Rewards points each time they make a purchase using the payments service... More
NPCI lets Indian merchants accept RuPay domestic card payments on standard NFC phones
Merchants in India can now use a standard NFC mobile phone to accept contactless RuPay domestic card payments valued at up to 5,000 rupees (US$68). More
ABI forecasts 2.5m biometric payment cards in 2021
As many as 2.5m biometric payment cards will be issued during 2021, according to an ABI Research forecast, with more than 20 biometric payment card pilots already underway across the globe. More
Visa proposes CBDC protocol that lets consumers exchange digital cash via Bluetooth or NFC
Visa has published a research paper exploring an offline payment system (OPS) protocol for central bank digital currencies (CBDC) that would enable users to make digital payments to other users even when both sender and recipient are temporarily offline or unable to connect to a bank, payment network or other intermediary... More
Barclaycard to let business customers issue employees with digital corporate cards that support NFC mobile payments
Barclaycard is introducing a service that enables businesses in the UK to provide their employees with virtual corporate cards that can be used to make payments both online and at physical locations... More
In-vehicle payments forecast to reach US$1bn by 2023
The total transaction value of in-vehicle payments will reach US$1bn by 2023, up from less than US$100m in 2020, according to a forecast by Gartner. More
Keep up to date: Get NFCW's headlines by email every Wednesday
Antelop lets banks securely display customers’ digital cards on their mobile phones
PARTNER NEWS: Antelop Solutions has launched a Secure Interface solution that enables banks to provide their customers with the ability to securely display sensitive digital card information on their mobile phones... More
Dejamobile gets Visa certification for high value contactless transaction acceptance on standard NFC devices
PARTNER NEWS: Dejamobile has received Visa certification for a solution that enables merchants to be provided with the ability to accept both low and high value contactless transactions on a standard Android NFC smartphone or tablet... More
CIBC raises transaction limit for customers making contactless payments with a mobile phone or smartwatch
Customers of CIBC can now make purchases of up to C$250 (US$196) with their debit card using Apple Pay, Samsung Pay or Google Pay following a 150% increase in the Canadian bank’s transaction limit for in-store payments with a mobile phone or smartwatch... More
US Bank lets customers send a greeting card with their P2P payment
Customers of US Bank can now add a personalised digital greetings card when they use the bank’s mobile app to make a Zelle P2P transfer to anyone with a US bank account. More
Italy promotes cashless payments with 10% rebates for shoppers using cards and mobile apps in stores
Consumers in Italy can now receive an automatic 10% refund into their bank account for cashless in-store payments made using a credit, debit or prepaid card or payment app between now and the end of the year — as long as they make at least 10 digital transactions during the period... More
Challenger bank to test biometric payment cards in Sweden
Customers of Swedish challenger bank Rocker will soon be able to take part in a proof-of-concept pilot of a biometric debit card that enables them to authenticate contactless in-store payments with their fingerprint... More
Mastercard and MatchMove leverage Tappy technology for tokenized payments on custom wearables
PARTNER NEWS: Mastercard and Singapore-based Banking-as-a-Service provider MatchMove have partnered with Tappy Technologies to make it possible to provide consumers with the ability to add a tokenized Mastercard to a wide range of batteryless wearables... More