Food and beverage suppliers, mobile florists, couriers and other small business owners in Germany, France, Italy, Spain and the UK can now use their FordPass Pro connected vehicle app to accept card payments from their customers... More
The Central Bank of Iceland (CBI) has implemented a new real-time gross settlement system (RTGS) and instant payment platform that will allow it to manage up to 5m interbank, P2P, P2B and B2B payments a day... More
Senders of Evite digital greeting cards can now also send the recipient a gift card, via an integration with Blackhawk Network‘s eGift service... More
Customers of Swiss bank UBS can now opt for an environmentally friendly credit card made from a corn-based plastic substitute — and will soon be able to apply for a digital-only card that they can start using immediately upon acceptance... More
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Finland’s OP Financial Group is to pilot a biometric payment card that will allow users to authenticate payments over the contactless transaction limit with their fingerprint rather than with a PIN. More
Leading European mobile loyalty wallet provider Stocard has expanded its Stocard Pay service to users in Germany, France, Italy and the Netherlands, enabling them to make in-store NFC payments in addition to using the wallet to access loyalty cards and redeem rewards... More
The proportion of in-store purchases made using contactless cards in the Nordic countries has risen from 57% in January this year to 75% in late October, an increase “in part driven by concerns around the potential spread of Covid-19,” regional payments processor Nets reports... More
Consumers in the USA will be able to open mobile-first checking and saving accounts with 11 banks and credit unions from within Google Pay from 2021, Google has revealed in a blog post that also announces the launch of a redesigned version of the Google Pay app for both Android and iOS... More
American Express cardholders in the USA can now add their card to their Apple Pay wallet via the card network’s website as soon as their application has been approved, removing the need to wait for a physical card to arrive or to manually input their card details... More
Members of Michigan State University Federal Credit Union (MSUFCU) in the USA are to take part in a three-month pilot scheme to test the use of dynamic CVV codes when making online or in-app purchases with their credit card... More
Malaysian consumers with compatible Huawei smartphones can now use Huawei Pay to make NFC mobile payments with an ICBC UnionPay credit card stored in their mobile wallet. More
Some 70% of Swedish consumers would be interested in having a biometric payment card so they can make high-value transactions without having to touch a point-of-sale (POS) terminal, a new survey reveals — and 59% would be willing to pay a monthly fee for one. More
Google Pay has gone live in Austria, Bulgaria, Estonia, Greece, Hungary, Latvia, Lithuania, Netherlands, Portugal and Romania with support for Mastercard and Visa cards issued by participating banks and card issuers. More
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The number of outlets worldwide accepting card payments will reach nearly 100m by the end of 2025, an increase driven by government initiatives to promote cashless payments and by an acceleration in the move to contactless payments during the Covid-19 pandemic, research from RBR predicts... More
The number of contactless transactions made by some 140 million JCB cardholders across 24 markets increased by more than 30% between July 2019 and July this year, the Tokyo-based payments network reports in a new white paper... More
Standard Bank is supporting the mass rollout of contactless cards across Africa as the financial services group reports an accelerated increase in the use of tap and pay across the continent. More
More than half (53%) of today’s shoppers have used a mobile contactless payment option for the first time since the start of the Covid-19 pandemic, according to a survey by USA-based Inmar Intelligence. More
A digital transaction settlement system being developed by researchers working on Facebook’s Novi cryptocurrency digital wallet app could support up to 160,000 transactions per second, “about 7x the peak transaction rate of the Visa payments network”, according to a paper published by the research team... More
Banque du Liban, the central bank of Lebanon, is preparing to launch a central bank digital currency (CBDC) next year, the bank’s governor Riad Salameh has told a meeting of the Lebanese Depositors Association. More
The number of iPhone users globally that have activated Apple Pay has grown by 66m over the past year, from 441m in September 2019 to 507m in September 2020, according to a study published by Loup Ventures... More
