Transit Ticketing Today

Delhi Metro explores biometric transit cards for concessionary fares

Delhi Metro to introduce biometric-based ticketing to offer concessions to students and senior citizens — Techradar — “Delhi Metro is looking to be the first metro line in India to link biometrics to smart cards, in a bid to offer concessions to riders… Once the new biometric-based ticketing system is installed, the smart card will be linked to an individual users’ credentials, and the card will no longer be transferable.”


What's New in Payments

Mastercard to let Indian merchants accept payments on NFC phones

Mastercard to launch solution for smartphones to become contactless acceptance devices — The Hindu BusinessLine — “If your phone has NFC, then it can become a point-of-sale (POS) device. A customer can tap the contactless card on the phone,” said Vikas Saraogi, vice president of acceptance development at Mastercard, adding that it is likely to be launched in India in the first half of next year.”




What's New in Payments

Google Pay reports 67m users in India

Four smartphones being used for GooglePay transactions

“In the last 12 months alone, we’ve grown more than three times to 67 million monthly active users, driving transactions worth over US$110bn on an annualised basis, with hundreds of thousands of offline and online merchants,” Caesar Sengupta, vice president of Google’s next billion users initiative, has revealed... More



What's New in Payments

Facebook to partner with banks for WhatsApp payments rollout?

WhatsApp in talks to launch mobile payments in Indonesia — sources — Reuters — “Unlike in India where it plans to offer direct peer-to-peer payment services, WhatsApp will simply serve as a platform in Indonesia supporting payments via local digital wallets due to tough licensing regulations… The Indonesia model could become a template for WhatsApp to adopt in other emerging markets to get around regulations on foreign players creating their own digital wallets, the sources said.”



NFC World

Amazon rolls out QR-based anti-counterfeiting platform

Amazon launches Transparency in Europe, India and Canada — Amazon — “Transparency is a product serialisation service that provides a unique code for every unit that is manufactured. Brands put these codes on its products and every time one of these products is ordered in Amazon’s stores, Amazon scans and verifies the code to ensure only authentic units reach customers. Additionally, customers can use a mobile app to scan the code and verify authenticity regardless of where they purchased their units. Brands can also use Transparency to communicate unique unit-level information, including manufacturing date, manufacturing place, or other enhanced product information (eg ingredients).”


What's New in Payments

Samsung Pay adds in-app loan and credit card applications in India

Samsung partners with Paisabazaar.com to offer financial products on Samsung Pay — Paisabazaar — “Paisabazaar.com, India’s largest online marketplace for financial products, today announced its partnership with Samsung… Samsung Pay users can apply for credit cards and personal loans from the platform. The move will enable millions of existing and potential Samsung Pay users to get the benefit of seamlessly opting for a host of financial services.”


What's New in Payments

Mobile payments providers turn to in-app games to drive adoption in India

Payments, food delivery apps launch games to woo users — Economic Times — “Payments apps and food delivery platforms are launching games to increase user base and stickiness… Paytm has found that more than 70% of its users play these games daily… In-app games, such as Zomato Cricket Cup, Swiggy Match Day Mania, Paytm Games and Tez Shots by Google Pay, are just a few examples.”


What's New in Payments

Google Pay to add a rewards platform?

Google’s new plan to push Google Pay in India: cashback incentives in Android apps — Techcrunch — “The company has built an in-app engagement rewards platform that promises to help developers and businesses retain users and drive engagement on their apps, two sources familiar with the matter said… Sitting at the core of this new play is Google Pay, which will be used for transactions between businesses and users, thereby expanding the reach of Google’s payment service.”





What's New in Payments

Amazon launches P2P payments in India

Amazon Pay launches person to person (P2P) payments through UPI for Android customers — Amazon — “Customers can use this functionality to settle bills/expenses with friends, lend/return money to family, pay rents, pay for services like house-help, newspaper bills, milk subscription and more. Customers can also make payments from their bank account to local stores nearby or to [an] Amazon delivery associate at [the] doorstep by scanning UPI QR codes using the Amazon app.”



What's New in Payments

Amazon Pay begins in-store payments rollout in India

Amazon Pay makes an offline push with ‘scan and pay’ service — Livemint — “We have begun introducing Amazon SmileCode, a new way for our customers to shop and pay at physical stores like Shoppers Stop, among others,” said an Amazon spokesperson. “Customers will soon find Amazon SmileCodes in neighbourhood retail stores, where they can scan and pay for their purchases seamlessly.”


What's New in Payments

SBI adds cardless mobile cash withdrawals at 16,500 ATMs across India

SBI Yono: The big security advantage for you with this new cardless cash withdrawal — Financial Express — “Customers can initiate the cash withdrawal process by installing the Yona App and setting a six-digit Yono Cash PIN for the transaction and another six-digit reference number for a transaction, which customers will get after initiating the cash withdrawal process on their registered mobile number via SMS, that has to be used within 30 minutes along with the PIN at the nearest Yono Cash point to get the cash… The SBI has enabled 16,500 ATMs for this service, called Yono Cash Points.”


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