Merchants across India will soon be able to accept contactless digital payments on their Android NFC smartphone without needing any additional hardware. State Bank of India (SBI) is making the software-only solution available through a new SBI Merchant app. More
Delhi Metro Rail Corporation (DMRC) is to implement an upgraded contactless ticketing system across its entire network, enabling passengers to pay for their journeys via QR, an EMV bank card or a RuPay-enabled National Common Mobility Card (NCMC)... More
Customers of Indian ecommerce giant Flipkart can now use SuperCoin reward points earned by shopping on the platform to make in-store purchases at retail outlets across the country by scanning a QR code at participating merchants... More
A third of Indian households across a range of income groups now use digital payment methods, but “this can easily go up to 50% given high desire to use,” research from the National Payments Corporation of India (NPCI) and People Research on India’s Consumer Economy (PRICE) reveals... More
Owners of Samsung’s new Galaxy S21 smartphones in the USA will not be able to make payments using Samsung Pay’s magnetic secure transmission (MST) technology... More
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
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
The local water authority in the Koppal district of the Indian state of Karnataka is to install a digital water management system that uses NFC-enabled digital flowmeters to let users collect, view and securely transmit accurate waterflow data via an app on their smartphone or tablet... 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
SBI Card Mastercard holders in India can now make NFC payments at any contactless point-of-sale terminal from their mobile device after registering their credit card on the latest version of the payment service’s app... More
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
Google Pay users in India can now earn rewards by taking part in a digital travel game and collecting ‘tickets’ for a virtual journey around the country every time they use the mobile payments service on either their Android or iOS device... More
The number of digital wallet users globally will increase from 2.3bn in 2019 to 4bn in 2024 and global non-cash transactions will grow to nearly 1.1tn in 2023 from 708.5bn in 2019, according to the World Payments Report 2020... More
Google Pay users in India can now make tokenized NFC-based credit and debit card payments at contactless POS terminals, starting with customers of Axis Bank and SBI “with Kotak and more banks expected to follow suit very soon”... More
Passengers travelling on Delhi Transport Corporation buses are piloting a contactless e-ticketing service that enables them to pay their fare via a mobile app by scanning a QR code on the bus... More
PARTNER NEWS: Watch brand Titan has partnered with State Bank of India (SBI) for the launch of a range of watches that makes use of Canada-based Tappy Tech’s wearable payments technology to let consumers make contactless transactions at POS terminals across India... More
More than half of consumers in the Asia Pacific region would make contactless tap-to-phone NFC payments directly to a merchant’s mobile phone at the checkout “despite solutions not yet being widely available in the region”, according to research released by Visa. More
The National Payments Corporation of India (NPCI) has announced the launch of subsidiary firm NPCI International Payments Limited (NIPL) with the aim of exporting its Unified Payments Interface (UPI) real-time mobile payments service and RuPay domestic payment card scheme to global markets... More
Google Pay has begun testing tokenized NFC-based credit and debit card payments in India, enabling users of supported cards to add them to their payment options for NFC, QR and online payments... More
Indian telecommunications giant Reliance Jio has begun piloting Jio Pay, a new UPI-enabled payments service which includes support for both NFC and QR mobile payments... More
