The global transaction volume of in-store and ecommerce digital wallet payments will exceed US$10tn by 2025, according to a forecast commissioned by Discover Global Network... More
India
Delhi Metro begins rolling out upgraded mobile and contactless ticketing system
Delhi Metro Rail Corporation (DMRC) has begun installing its upgraded contactless fare collection system that will enable passengers to pay for their journeys via NFC mobile ticketing, QR code mobile or paper ticketing, an EMV bank card or RuPay-enabled National Common Mobility Card (NCMC)... More
Delhi to issue smart card with QR code for driving licence and vehicle registration verification
Delhi Transport Department is to begin issuing drivers in the Indian capital with digital driving licences and vehicle registration certificates in the form of QR code-enabled contactless smart cards that link to records held on central online databases... More
Survey: Four in five consumers globally would use a biometric payment card
More than four fifths of consumers (81%) worldwide are ready to use a biometric payment card and authenticate payments with their fingerprint rather than a PIN code, according to a survey commissioned by a biometric technology provider... More
ABI forecasts open loop EMV transit ticketing payment cards to top 136m by 2025
The number of open-loop EMV contactless cards used to make transit ticketing payments worldwide will increase from 24.8m currently to 136.9m by 2025, according to an ABI Research forecast... More
Delhi Metro lets passengers top up their transit cards at fare gates
Passengers travelling on Delhi Metro Rail Corporation (DMRC) services in India can now top up their contactless AutoPe DMRC transit cards at the network’s automatic fare collection gates... More
Office shuttle service adopts ultrasonic technology for boarding pass authentication
Commuters travelling on buses provided by app-based office shuttle service provider Shuttl can now authenticate their mobile boarding passes using an ultrasonic ‘data-over-sound’ contactless verification system... More
Google Pay to let users in India share their transaction data for personalised offers and rewards
Google Pay users in India will soon be able to choose whether they want to share their transaction history and other activity data with the company in order to receive more personalised offers and rewards... More
Axis Bank teams with Thales and Tappy to roll out contactless payments wearables
PARTNER NEWS: India’s Axis Bank has launched a range of wearable contactless payment devices using technology provided by Thales and Tappy Technologies... More
Paytm lets Indian merchants accept contactless payments on NFC phones
Merchants in India can now use a standard Android NFC smartphone to accept contactless payments using a software point of sale (sPOS) solution being rolled out by mobile payments giant Paytm... More
SBI to let merchants accept contactless payments on standard Android NFC phones
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 to roll out mobile and contactless ticketing across entire network
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
Flipkart lets customers use reward points for in-store payments
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
One in three Indian households now use digital payments
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
Samsung cuts US support for MST transactions on new Galaxy phones
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 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
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
Indian water authority uses NFC flowmeters to optimise supply and ease water shortages
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
India increases contactless limit by 150%
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 integrates NFC payments into mobile app
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