Moscow Metro is to test a contactless ticketing system that enables passengers to pay their fares using facial recognition payment technology to verify their identity... More
Moscow Metro to pilot face biometrics for transit ticketing payments
- 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!
UK to more than double contactless spending limit to £100
The UK is to increase the limit for contactless transactions from £45 (US$63) to £100 (US$140), the UK Treasury has announced... More
EU to introduce digital vaccination passes
The European Union is to present a legislative proposal this month for a digital ‘green pass’ vaccination certificate that will enable residents to prove that they have been inoculated against Covid-19... More
Fidesmo Pay expands to Switzerland
EXHIBITOR NEWS: Fidesmo is launching its Fidesmo Pay wearable payments service in Switzerland, enabling customers of Swiss bank Cembra to upload their bank cards to NFC-enabled wearables and use them to make contactless payments... More
Sofia rolls out single journey QR mobile tickets across public transportation network
Public transport users in Sofia can now buy and store single journey QR code e-tickets on their mobile device which they can validate for travel on metro, bus, tram and trolleybus services across the Bulgarian capital’s transit network... More
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Mobile wallet transaction volumes overtake cash payments in stores
Contactless in-store payments made with a mobile wallet worldwide exceeded in-store cash payments for the first time during 2020, new research reveals... More
National QR payments and rewards system to be launched in Australia
Australia’s Eftpos national debit card system is to launch a QR code-enabled mobile payments and rewards network that will enable “seamless payment experiences across ecommerce, mobile and point of sale”... More
Huawei Pay goes live in Pakistan
Customers of the National Bank of Pakistan (NBP) with a compatible smartphone can now add their UnionPay International (UPI) virtual card to a Huawei Pay digital wallet and use it to make NFC or QR code-enabled mobile payments... More
Tencent and Ant to integrate digital yuan wallets into mobile banking apps
Tencent-backed WeBank and Ant-backed MyBank are conducting “preliminary work under the guidance of the People’s Bank of China (PBOC)” in order to integrate the digital yuan wallet into their payment and banking services, according to a China Securities report. More
Israel rolls out vaccine certification app
Israeli citizens who have received two doses of Covid-19 vaccine or recovered from the illness can now prove their status using a government-issued Green Pass vaccine certification app on their mobile devices... More
Stockholm rolls out contactless ticketing payments
Passengers using public transport across the Swedish capital of Stockholm can now make tokenized contactless payments for single adult fares on metro, rail, bus, tram and boat services by tapping their debit or credit card or smartphone at a ticket reader... More
European Payments Initiative issues call for technical partners
A group of more than 30 European banks and acquirers planning to build a unified payment system for merchants and consumers across Europe is seeking technical partners to develop the system’s central infrastructure. More
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Apple Pay goes live in Mexico
Apple Pay has rolled out in Mexico, with support for American Express and for Mastercards issued by the country’s Banorte and Citibanamex banks... More
SBI to let merchants accept contactless payments on standard Android NFC phones
Merchants across India will soon be able to accept contactless digital payments on their Android NFC smartphone without needing any additional hardware. State Bank of India (SBI) is making the software-only solution available through a new SBI Merchant app. More
Clipper adds support for Apple Pay and Google Pay for transit fares in San Francisco Bay Area
Passengers on public transportation services in the San Francisco Bay Area of the USA will soon be able to upload their Clipper transit card to their Apple Pay or Google Pay mobile wallet and pay for their fares with their smartphone or smart watch... More
Russian carriers seek digital ruble mobile wallet role
Russian mobile network operators Beeline and MegaFon are looking to develop digital wallets for smartphones and other mobile devices that will support the central bank digital currency (CBDC) which is being developed by The Central Bank of Russia (CBR)... More
American Express adds support for digital receipts
American Express cardholders can now receive detailed digital receipts for their card transactions to identify and check their purchases from larger retailers via the company’s app or website. More
Ottawa tests tap-to-pay contactless ticketing on light rail network
Passengers travelling from Ottawa’s Rideau Station can now purchase single-ride adult fares on the Canadian capital’s light rail transit network by tapping to pay with their credit card or mobile wallet at a pilot touchless entry gate... More
UBS forecasts widespread adoption of biometric payment cards
Biometric payment cards containing a built-in fingerprint sensor could generate more than US$5bn in global banking revenue and account for 15% of the market by 2026, according to a forecast by analysts at Swiss bank UBS. More
Germany to launch digital ID cards in autumn 2021
German citizens will be able to securely store a digital version of their government-issued ID card on their smartphone from the autumn of 2021, the German government’s Federal Ministry of the Interior, Building and Community has announced... More