PayPal, followed by Alipay, are the top two digital wallet providers, with WeChat Pay, Apple Pay and Google Pay in third, fourth and fifth place, respectively, according to a Juniper Research Competitor Leaderboard report... More
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
- Hello, NFCW readers!
BIS reports on CBDCs in emerging markets
Providing a cash-like digital means of payment, increasing private digital payment services, supporting financial inclusion and achieving greater payment system efficiency are among the key motivations driving initiatives to develop central bank digital currencies (CBDCs) in emerging market economies around the world, according to a Bank for International Settlements (BIS) report... More
Clinique adds NFC to packaging for post-purchase customer engagement
Consumers purchasing a limited edition of cosmetics brand Clinique’s Moisture Surge 100H moisturiser can now access a range of digital content and services by tapping an NFC chip in the skincare product’s packaging with their NFC smartphone... More
PayPay lets new customers verify identity with their driving licence via NFC
Consumers in Japan setting up an account with mobile payments service provider PayPay can now verify their identity by scanning the NFC chip in their driving licence and uploading a selfie... More
Consumers in Malaysia get NFC top-up for contactless fare, toll and parking payments cards
Public transport users and motorists in Malaysia can now top up their physical Touch ’n Go prepaid contactless fare, toll and parking payments card directly from their NFC smartphone... More
Keep up to date: Get NFCW's headlines by email every Wednesday
Boston’s Fenway Park opens contactless food and drink stores
Fans attending baseball matches at Fenway Park in Boston in the USA can now purchase food and drink at two outlets in the Boston Red Sox stadium using AI-powered contactless point of sale technology... More
Moroccan bank launches biometric payment card
Customers of BMCI bank in Morocco can now apply for a biometric payment card that allows them to authenticate contactless payments with their fingerprint... More
US digital bank introduces contactless payments rings
Customers of US-based digital bank Quontic can now opt to order a contactless payments ring that they can link to their checking account and use to make purchases wherever contactless payments are accepted... More
Correos lets postal delivery staff in rural Spain accept contactless payments on Android devices
Postal delivery workers in rural Spain can now accept contactless payments on an Android NFC smartphone or tablet, enabling residents to pay for a range of goods and services as well as deposit and withdraw cash from their own home without needing to visit a bricks-and-mortar post office or bank... More
American Airlines Center in Dallas gets contactless food and drink stores
The American Airlines Center in Dallas in the US has opened the first of two contactless food and drink outlets that enable fans attending sports and entertainment events at the arena to walk in, select the snacks and refreshments they wish to purchase and pay for them without needing to scan them or use a checkout... More
Cannes rolls out open loop contactless bus ticketing
Passengers travelling on buses operated by Palm Bus in Cannes, France, can now make contactless fare payments with their EMV debit or credit card or with Apple Pay, Google Pay or Samsung Pay from their NFC smartphone or smartwatch... More
Riksbank completes digital currency payments pilot
Sweden’s central bank The Riksbank has completed the second phase of its e-krona central bank digital currency (CBDC) pilot and demonstrated that the blockchain-based technical solution it is testing can be integrated into existing banking and payments infrastructure... More
Keep up to date: Get NFCW's headlines by email every Wednesday
Apple Pay is most popular payments app with Generation Z in US
Apple Pay is the most popular payments app with Generation Z teenagers in the USA, followed by Venmo in second place, Square’s Cash App in third and PayPal fourth, according to a survey published by Piper Sandler investment bank... More
National Bank of Iraq to trial biometric payment cards
The National Bank of Iraq is to pilot biometric payment cards that will allow users to authenticate contactless transactions with their fingerprints... More
Dubai merchants to let customers make payments with face biometrics
Consumers in Dubai in the United Arab Emirates will soon be able to make contactless payments with their face at branches of Costa Coffee, drinks retailer MMI, grocery chain Géant, the Cove Beach at Caesars Palace beach club and the Coca-Cola Arena Dubai... More
European Commission requests payments industry input on digital euro
The European Commission has launched a targeted consultation on the expected impact of a digital euro on key industries, institutions, consumers, merchants and other stakeholders in international trade. More
Uber to integrate train, coach and plane tickets into UK app
Uber is to enable users in the UK to purchase train, coach and plane tickets for long-distance journeys within its mobile app as part of a plan to create a ‘superapp’ that offers “a one-stop shop for travel”... More
Apple Pay goes live in Moldova
Apple Pay has launched in Moldova with support for Mastercard and Visa cards issued by Maib, Moldindconbank and Victoriabank. More
Vietnam lets citizens add internationally standardized vaccine passports to their mobile phones
Residents of Vietnam will soon be able to store a digital vaccine passport on their Android or iOS device that enables border officials to verify an individual travelling abroad has been fully vaccinated against Covid-19 by scanning a QR code... More
Qatar to roll out contactless fare payments across metro, bus, tram and taxi services
Qatar’s Ministry of Transport and Communications is to roll out an automated fare collection system as part of its Sila multimodal public transportation project that will enable passengers to make contactless payments for metro, bus, tram and taxi journeys with their debit or credit card, their Sila transit card or from their mobile device... More