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
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
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
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
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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
PARTNER NEWS: NFC testing innovator Cilab has added support for EMVCo 3.0b to its high speed tester, enabling POS terminal manufacturers to quickly and easily debug and conduct pre-certification testing of their devices ahead of the new EMVCo specification coming into force in mid-2021. More
The People’s Bank of China (PBOC) is to enable participants in the next phase of its central bank digital currency (CBDC) pilot to test for the first time the use of digital yuan for making both online purchases and touch-based in-store offline payments... More
Customers in Carrefour stores run by Majid Al Futtaim in the United Arab Emirates can now scan their purchases and pay for them in-store using the Mobile Scan&Go feature integrated into the retailer’s app... More
The Reserve Bank of India (RBI) is to raise the limit for contactless card transactions from Rs2,000 (US$27) to Rs5,000 ($67.67) from 1 January 2021, an increase of 150%. More
Consumers in South Africa with compatible smartphones can now use Huawei Pay to make mobile payments by scanning QR codes compatible with the Zapper scan-to-pay payments platform... More
Customers in 7-Eleven convenience stores across the USA can now make contactless payments at the checkout using a mobile wallet that the retail giant has added to its 7-Eleven app... More
The Netherlands Authority for Consumers and Markets (ACM) has opened an investigation into whether companies such as Apple are in breach of competition rules if they limit the access payments apps have to a smartphone’s NFC chip and restrict a user’s choice of contactless in-store payment method on that device. More
Apple Pay is due to roll out in Mexico “very soon”, according to the payments service’s Mexican website... More
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A single global retail central bank digital currency (CBDC) and a single global 24/7 payment system could be an “optimum solution” as the basis for a new payment model “enhancing market discipline and fairness to all stakeholders”, according to a new paper... More
KNOWLEDGE CENTRE: A new generation of software-only solutions that let merchants accept contactless payments on standard NFC smartphones and tablets will “transform digital payment acceptance and consumers’ checkout experiences in stores,” Dejamobile explains in a new white paper now available to download from the NFCW Knowledge Centre... More
PARTNER NEWS: Antelop Solutions has launched a new SDK that lets banks quickly and easily provide their customers with a way to use their mobile phone as a trusted, multi-factor authentication device that complies with strong customer authentication (SCA) requirements under PSD2. More
Businesses in the US can now issue their employees with virtual corporate cards that can be loaded into a mobile wallet and used to make payments at contactless point-of-sale terminals... More
Ecommerce businesses in 23 of the world’s poorer nations have seen “a notable increase” in digital payments as a result of the Covid-19 pandemic, according to a report by the United Nations Conference on Trade and Development (UNCTAD)... More
Owners of small and medium-sized businesses (SMEs) in the UAE can now accept contactless payments on standard Android NFC smartphones, with no need for additional hardware... More
Residents of the United Arab Emirates can now make in-app and in-store NFC and QR code-enabled contactless payments, international remittances, utility bill payments and P2P financial transfers and apply for instant credit using a single mobile payments app... More
