Russia’s domestic payments system Mir is adding support for Apple Pay, enabling banks to let customers link a Mir payment card to Apple Wallet and use it to make mobile payments... More
Mir payments system adds support for Apple Pay
- Apple Pay users in the US to get buy now pay later option with iOS 16
- BIS reports on CBDCs in emerging markets
- Moroccan bank launches biometric payment card
- US digital bank introduces contactless payments rings
- Riksbank completes digital currency payments pilot
Retail CBDC projects ‘particularly strong’ in emerging economies, PwC index shows
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
Russian retail giant adds biometric payments to let customers ‘pay with a glance’
Customers at superstores, supermarkets and convenience and cosmetics stores owned by Russian retail group Magnit can now authenticate contactless payments at self-checkout devices using pay-with-a-glance technology... More
Crédit Agricole issues biometric payment cards in France
Customers of Crédit Agricole can now use their fingerprint to authenticate contactless payments made with a biometric deferred debit card issued by the French bank... More
Amazon expands pay by palm technology to Whole Foods Market store
Customers at a Whole Foods Market store in Seattle in the USA can now gain access to the supermarket and pay for their purchases using Amazon’s contactless palm scanning device... More
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Apple lets US families build credit by sharing Apple Card accounts
Apple Card users in the US will soon be able to add other family members to their card account and allow them to build their credit ratings together, as well as jointly track purchases and manage spending... More
German savings banks roll out contactless card acceptance on standard NFC phones
Merchants in Germany can now accept PIN-free contactless payments on their Android NFC smartphone without needing extra acceptance technology using a software point of sale (sPOS) solution launched by the Sparkasse group of savings banks... More
UK Treasury and Bank of England launch CBDC taskforce to explore digital currency options
The UK Treasury and the Bank of England have established a central bank digital currency (CBDC) taskforce to coordinate research into the benefits, risks and practicalities of introducing a digital pound... More
Opera chooses Antelop to enable NFC digital card payments for Dify users
PARTNER NEWS: Opera has selected Antelop Solutions as a long-term digital payments partner, enabling users of its new Dify in-browser cashback and digital wallet app to activate a Dify digital debit card in Google Pay and use it to make NFC payments in stores... More
Stats show regional variations in UK adoption of contactless and mobile payments during pandemic
The number of payments made using Apple Pay and Google Pay increased by nearly 650% and the number of PIN-free contactless card transactions grew by more than 10% in certain regions of the UK, according to figures published by merchant payments provider Dojo... More
UK retailers explore facial analysis technology for customer age verification
Supermarkets, convenience stores and other retailers in the UK could soon begin trialling facial analysis technology that enables them to verify a customer’s age when purchasing alcohol at self-checkouts without requiring a staff member to check their ID... More
ECB survey reveals Europeans expect digital euro to be private, secure and easy to use
More than two-fifths (43%) of Europeans rank privacy as the most important feature of a digital euro central bank digital currency (CBDC), with 18% citing security, 11% the ability to pay across the eurozone, 9% the lack of additional costs and 8% offline usability, according to a European Central Bank (ECB) survey... More
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Hong Kong and Macau to distribute stimulus payments to citizens’ digital wallets
The governments of Hong Kong and Macau are to stimulate consumer spending by distributing digital payment vouchers that residents can store in their mobile wallets or on a prepaid smartcard and then use to make purchases from retailers and other local businesses... More
Emirates NBD rewards customers for adopting contactless payments
Customers of Emirates NBD bank in the United Arab Emirates can now earn entries to a prize draw for luxury items whenever they make a contactless payment with their credit or debit card, mobile wallet or payments-enabled wearable device... More
Russia to create digital ruble prototype by December
The Central Bank of Russia will build a prototype central bank digital currency (CBDC) by December 2021 using a two-tier structural model unveiled by bank representatives at a press conference... More
Fidesmo Pay launches in Russia
EXHIBITOR NEWS: Fidesmo is rolling out its Fidesmo Pay wearable payments service in Russia with support from eight of the country’s leading banks, enabling their customers to upload their bank cards to NFC-enabled wearables and use them to make contactless payments... More
Google promotes mobile payments in the US with $30 Spring Challenge
Google Pay users in the US can now earn a US$30 reward by completing actions including making NFC tap-to-pay transactions, paying or referring friends, and redeeming cashback offers during a 10-day promotion... More
Forecast: 1.4bn consumers will be using face recognition to authenticate payments by 2025
The number of consumers using software-based facial recognition to authenticate payments worldwide will reach 1.4 billion by 2025, up from 671 million in 2020, according to a forecast by Juniper Research. More
Patent shows how Apple Pay could automatically select a card based on the user’s location
Apple Pay users could be able to make contactless payments and other transactions with merchants or transit providers without having to manually select the correct payment, rewards or transit card or other digital credential from within their mobile wallet... More
Visa reports 1bn extra contactless transactions in Europe since payment limit rises
Visa has processed 1bn additional PIN-less, touch-free payments since 29 countries across Europe increased contactless transaction limits in response to the Covid-19 pandemic last year, the card network reports... More