Passengers travelling on three inter-regional bus routes in South Korea’s Gyeonggi-do province can now test a ‘tagless’ fare payment system that enables them to pay for their tickets without needing to tap an onboard contactless reader with their transit card or smartphone... More
All Nippon Airways (ANA) is to trial the International Air Transport Association (IATA) Travel Pass app, enabling passengers on selected flights between Japan and the US to verify their identity and their Covid-19 test results at check-in on their NFC-enabled smartphone... More
Consumers in the South Korean province of Gyeonggi-do will soon be able to make mobile payments using local currencies issued by 28 cities and counties across the region using a local currency easy payment platform... More
Projects to develop a retail central bank digital currency (CBDC) for use by consumers and businesses are “more advanced” and “particularly strong” in emerging economies, according to analysis by global consultancy firm PwC... More
Octopus users in Hong Kong will soon be able to pay for public transport fares in more than 300 cities in mainland China with a new physical transit card to be launched “by the end of this year or early next year”, according to a South China Morning Post (SCMP) report... More
Employees travelling on Seoul Metro’s Ui-Sinseol light rapid transit line in South Korea are testing a face recognition payment system that enables passengers to pay their fares without needing to tap a smartphone or card or remove their face mask... More
Hyundai is to let iPhone users lock and unlock their vehicles and control selected vehicle systems remotely with a digital key compatible with Apple devices... More
Banks in South Korea will be able to add a wide range of non-financial services to their mobile apps, including food ordering and delivery, following changes to the country’s financial regulatory system due to be introduced by the Financial Services Commission (FSC) in July 2021... More
Drivers of Hyundai’s Genesis GV70 SUV will be able to make in-car payments for fuel and parking simply by touching a biometric sensor integrated with the vehicle’s infotainment system... More
Seven in ten consumers are confident with the security contactless cards/mobile wallets provide and 88% report a consistently positive user experience with NFC contactless technologies, a survey of consumers in nine countries around the world has found... More
Card issuer Shinhan Card is providing consumers in South Korea, where Apple Pay is yet to launch, with a phone case that uses soundwave technology to enable them to make contactless payments with their iPhone... More
The Bank of Korea (BOK) is to issue and circulate a central bank digital currency (CBDC) in 2021 to test its viability as an alternative to cash and other forms of transaction... More
Buyers of a premium limited-edition gin distilled in Austria will be able to verify a bottle’s authenticity and track how many remain available for sale by using their NFC phone to scan a crypto-enabled NFC chip fitted to the label... More
Transactions conducted by customers using Korean bank DGB Daegu’s IM Bank mobile banking app on a Samsung Galaxy A Quantum 5G smartphone will soon be secured with 5G quantum cryptography technology that generates true random numbers to encrypt one-time passwords and identity verification information... More
Samsung’s rotatable Sero TV, which uses NFC to let owners mirror both the content and perspective of their mobile phone, is now available in the UK and the USA... More
A new system that requires high-risk locations such as bars and nightclubs to use QR codes to log all customers on entry so that they can be easily traced should the venue later be found to have been a Covid-19 hotspot is to be rolled out across South Korea from 10 June... More
LG CNS is piloting a new payments solution that combines face recognition, a blockchain-based digital currency and AI technology to let shoppers enter an unmanned store, shop and check out — without needing to come into close contact with either employees or POS equipment... More
Kakao Pay and AlipayHK to become available at PayPay merchants from April 27, 2020 — PayPay — “Users of code payment services Kakao Pay and AlipayHK, in addition to Alipay, will be able to complete payments using QR codes provided by PayPay merchants anywhere in Japan as of the 27th of April.”
A new open banking system which is set to cut transaction fees by 90% has now entered pilot testing, Korea’s Financial Services Commission (FSC) has announced... More
China remains the country with by far the highest mobile payments adoption rate, with 81.1% of smartphone owners making use of the technology, eMarketer reports... More
