Eight in ten card payments made in the Nordic countries during 2021 were contactless, an increase from 74% in 2020, according to figures from regional payments processor Nets... More
Eight in ten card payments in Nordic countries are now contactless
- CWC sessions you may have missed: Transdev, Smart Payment Association, European Central Bank
- Transdev reports on hands-free transport ticketing pilot
- Smart Payment Association reports on new instant payments model that leverages existing bank card, merchant terminal and banking infrastructure
- European Central Bank reports on digital euro for Contactless World Congress
- Linxens reports on the market outlook for biometric cards, display cards, dynamic CVVs, sustainable substrates and more
One in five in-person Visa card transactions in the US are now contactless
Nearly 20% of all in-person Visa card transactions in the US are now contactless, with that proportion rising to more than 25% in Los Angeles, Detroit, Orange County, Miami and Salt Lake City, over 30% in San Francisco, San Jose and Oakland, and reaching 45% in New York, according to the card network’s Q1 2022 earnings call. More
Carnival adds support for on-shore contactless payments to on-board wearable payments device
Passengers on Princess Medallion Class cruise ships can now use their Princess Medallion NFC-enabled wearable device to make contactless payments at on-shore merchants that support leisure travel giant Carnival Corporation’s Medallion Pay payments service... More
CIH Bank picks Dejamobile for NFC mobile payments
PARTNER NEWS: Morocco-based CIH Bank has launched CIH Pay, a mobile payments service that allows customers to digitize their bank card on their smartphone and use it to make in-store contactless payments... More
One in two in-person Mastercard transactions worldwide are now contactless
One in two in-person transactions authorised, cleared and settled through Mastercard’s payment processing services worldwide during Q4 2021 were contactless, up from “approximately” one in three in the period prior to the Covid-19 pandemic, according to figures revealed at the card network’s Q4 earnings call. More
Keep up to date: Get NFCW's headlines by email every Wednesday
China’s JD.com lets consumers make online payments from digital yuan hard wallets using NFC
Chinese consumers can now make online payments for purchases from the JD.com ecommerce app using digital yuan stored on a physical card or hard wallet via their Android NFC smartphone... More
UK sees 40% rise in contactless transaction values in 2021
The total transaction value of contactless card payments made in UK stores “surged” by 40.2% in 2021 and the average number of contactless payments made each day increased by 27.5% compared with the previous year, according to Barclaycard... More
Apple to let merchants accept contactless payments on iPhones?
Apple may soon enable merchants to accept contactless payments on their iPhone without needing to connect their device to a separate payment terminal or other additional hardware, according to reports. More
Russia launches digital ruble pilot with 12 banks
The 12 Russian banks taking part in the first phase of the Central Bank of Russia’s digital ruble pilot scheme have started or are ready to start trialling the central bank digital currency (CBDC) across a range of payment types... More
Google sets out its vision for the future of Google Pay
Google is seeking to focus on developing Google Pay into a multipurpose digital wallet by extending the range of cards, passes and tickets that the service supports and is working with cryptocurrency providers to introduce digital cards that will enable users to store crypto assets but still make payments in conventional currencies. More
US Federal Reserve launches public consultation on digital dollar
The US Federal Reserve has published a study examining the potential benefits and risks of issuing an American central bank digital currency (CBDC) as the first step in a public consultation on the possible future issuance of a digital dollar... More
Public transport users in the Philippines get NFC top-up for contactless fare payment cards
Public transport users in the Philippines can now top up their Beep prepaid contactless fare payments card directly from their NFC-enabled smartphone... More
Keep up to date: Get NFCW's headlines by email every Wednesday
Smart lets teachers log in to interactive displays via NFC
Smart Technologies has added NFC functionality to its latest range of interactive displays for use in schools, universities and other learning environments, enabling teachers to log into their presentations, files and other personalised teaching content with the tap of an NFC card and without needing to use a password... More
Moscow ticketing app begins nationwide rollout
Public transport users in the Russian city of Tula are the first outside Moscow to be able to top up their prepaid Troika transit card from their smartphone using the My Troika app... More
Mumbai lets passengers link digital health pass to mobile bus tickets
Passengers using bus services in the Indian city of Mumbai will now be able to automatically verify that they have been fully vaccinated against Covid-19 in order to travel when they present their digital bus ticket on their smartphone... More
Apple Pay goes live in Armenia
Apple Pay has launched in Armenia with support for Mastercard and Visa cards issued by Acba Bank, Ardshinbank, Ameriabank, Converse Bank, Inecobank and Unibank... More
Washington Metro offers passengers free bike rides for switching to mobile SmarTrip card
Public transport users in Washington DC in the US who add a SmarTrip transit card to Apple Wallet or Google Pay will be credited with 10 free 45-minute rides on the region’s public bicycle share scheme... More
Apple Pay to launch in Argentina and Peru ‘soon’
Apple Pay is due to roll out in Argentina and Peru “soon”, according to the payments service’s Latin American website... More
One in four consumers expect to switch to being cashless within two years
One in four consumers globally expect to switch to making cashless payments only within the next two years (25%), while one in two say it will happen in the next 10 years (53%) and 16% say they already solely make digital payments, a survey of consumers and merchants in nine markets worldwide has found... More
Hyundai to add support for Apple NFC car keys
Hyundai is to let Apple iPhone users lock, unlock and start their vehicles remotely using a digital key stored in their Wallet app... More