Passengers travelling on metro, rail, bus, tram and boat services in the Swedish capital of Stockholm will soon be able to use an EMV white label card issued by the city’s Storstockholm Lokaltrafik (SL) transit authority to make EMV contactless payments for their fares... 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!
Thai and Malaysian central banks roll out real-time cross-border QR payments
Consumers from Thailand can now make instant cross-border QR code-based payments for goods and services to merchants in Malaysia from their mobile payments app using a service being launched by the Bank of Thailand and Bank Negara Malaysia... More
Beijing banks add support for digital yuan at 3,000 ATMs
Customers of the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China can now exchange cash for digital yuan and vice versa at more than 3,000 ATMs across Beijing, China, according to a report by the Xinhua news agency. More
Resorts World brings mobile payments to Las Vegas gaming tables
Gamblers at Resorts World Las Vegas in Nevada in the US will soon be able to purchase gambling chips for table games including blackjack, baccarat and roulette, as well as place contactless cashless bets at slot machines, directly from a digital wallet on their mobile phone... More
Virgin Hotels lets guests check in with mobile ID
Guests staying at Virgin Hotels in four US cities can now securely verify their identity, check in and receive a mobile room key via an app on their iOS or Android device before arriving at their hotel... More
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Three in ten UK consumers now use mobile phones and wearables for payments
Some 17.3 million people or nearly a third (32%) of adult consumers in the UK were registered to use their smartphone or smart watch to make mobile payments in stores by the end of 2020, a “significant” increase of 7.4 million people compared with 2019, according to UK Finance... More
Visa brings Tap to Phone payments to the US
Retailers and other small business owners in six US cities will soon be able to accept contactless payments on an Android NFC smartphone using Visa’s software-only Tap to Phone solution... More
China Construction Bank pilots biometric cards for digital currency payments
China Construction Bank (CCB) is piloting a biometric ‘hard wallet’ smart card that lets customers store digital yuan and authenticate payments made using the central bank digital currency (CBDC) with their fingerprint. More
BBVA launches biometric credit card in Mexico
Customers of BBVA Mexico can now apply for a ‘blank’ biometric credit card that enables them to authenticate payments with their fingerprint... More
PBOC: Chinese consumers will be able to store their digital currency in both physical and digital wallets
Chinese consumers can now open digital yuan wallets using different levels of customer identification depending on the transaction and balance limits they require and can activate wallets “with the lowest authority” with just their mobile phone number in line with the “principle of controllable anonymity”, the People’s Bank of China (PBOC) has revealed... More
ST opens up new markets with affordable NFC transceiver
PARTNER NEWS: STMicroelectronics has introduced an NFC transceiver that lets consumer electronics and other device makers add NFC tag reading and card emulation mode capabilities to their products “at a highly competitive price”... More
Apple details how UWB digital car keys will work in iOS 15
Apple has revealed further details of how its new digital car keys for iOS 15 will use both ultra wideband (UWB) and Bluetooth Low Energy (BLE) technology to let motorists lock, unlock and start their vehicle without having to take their iPhone out of their bag or pocket... More
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Coca-Cola gives away mobile wallet credits for ‘free Cokes’ in US restaurants
Consumers in the US can now receive a US$2.50 credit to their mobile wallet that they can use to buy a Coca-Cola beverage at any restaurant that accepts card payments... More
UK government to explore biometric contactless corridors for border checks
The UK government is to explore the implementation of walk-through “contactless corridors” at airports and other entry points to the country that will enable passengers to verify their identity using biometrics rather than their passport... More
Hong Kong to explore potential for digital HK dollar
The Hong Kong Monetary Authority (HKMA) is launching “a comprehensive study” that will explore the use cases, benefits and risks of developing a digital Hong Kong dollar as a central bank digital currency (CBDC). More
El Salvador makes bitcoin legal tender
El Salvador has become the first country in the world to adopt bitcoin as legal tender, allowing citizens to use the cryptocurrency to make payments for goods and services as well as pay their tax bills and receive remittances from abroad. More
Timex launches wearable payments with Chase, Visa and Tappy
PARTNER NEWS: Timex Group has officially launched a range of watches and watch straps that let the wearer make tokenized payments at any merchant equipped to accept Visa contactless payments... More
Bank of England sets out core principles for digital pound
Financial inclusion, creating a competitive ecosystem, comparison with other payment innovations, user privacy and monetary and financial stability will be the five core principles that guide the Bank of England’s future exploration and development of a central bank digital currency (CBDC) in the UK, the financial institution has revealed. More
Antelop launches One Digital Card SDK for banks and card issuing processors
PARTNER NEWS: Antelop Solutions has introduced a new solution that makes it possible for banks and card issuing processors to use a single software development kit to add all the very latest digital card features to their mobile banking apps... More
Construction workers gain contactless access to site with their faces
Workers on a construction site on Heriot-Watt University’s Edinburgh campus in Scotland can now verify their identity and gain access to the site using only their face... More