Nine in ten card payments made in UK stores during 2020 (88.6%) were contactless and the average contactless user made 141 transactions worth a total of £1,640 (US$2,241) over the course of the year, according to Barclaycard. 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!
Moscow to complete contactless ticketing rollout by end 2021
The city of Moscow will complete the modernisation of its integrated contactless ticketing system across all transit networks by the end of 2021, its deputy mayor for transport Maksim Liksutov has announced... More
EU to debut digital euro project this year?
The European Commission and the European Central Bank (ECB) are to consider launching a digital euro project towards the middle of 2021. “Such a project would answer key design and technical questions,” the two institutions say in a joint statement. More
Paris adds support for iPhone transit card top ups
Apple iPhone users travelling on public transport in the greater Paris region can now pay for daily, weekly and monthly travel passes and single-use tickets with Apple Pay and load them onto their physical Navigo transit card from their smartphone... More
One in three Indian households now use digital payments
A third of Indian households across a range of income groups now use digital payment methods, but “this can easily go up to 50% given high desire to use,” research from the National Payments Corporation of India (NPCI) and People Research on India’s Consumer Economy (PRICE) reveals... More
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China unveils plan to build a global payment network based on central bank digital currencies
China’s Blockchain-based Service Network (BSN) has revealed plans to develop a universal digital payments network (UDPN) based on standardised procedures for international transfers and payments with and between central bank digital currencies (CBDCs)... More
Samsung unveils ultra wideband Smart Tags
Owners of Samsung Galaxy smartphones will soon be able to attach Bluetooth low energy (BLE) or ultra wideband (UWB) tags to items such as keys, bags and pet collars so they can use their phone to locate them quickly and easily... More
Hyundai to let drivers use their iPhone to unlock their vehicle
Hyundai is to let iPhone users lock and unlock their vehicles and control selected vehicle systems remotely with a digital key compatible with Apple devices... More
BBC Click showcases Tappy’s wearable contactless payments technology
PARTNER NEWS: The latest episode of the British public broadcaster’s popular technology series includes a segment on wearable payments that features a demonstration of how consumers can use Tappy’s technology to add a tokenized bank card to a wide array of contactless devices, including NFC-enabled watch straps, headphones, rings, lipstick holders and more... More
Samsung adds support for UWB and NFC digital car keys
Owners of Samsung Galaxy S21 series smartphones who take delivery of future models of Audi, BMW, Ford and Genesis vehicles will be able to use their mobile device as a digital key to unlock their vehicle using either ultra wideband (UWB) or NFC technology... More
Antelop explains how token management solutions can help banks cut costs and improve their customers’ user experience
KNOWLEDGE CENTRE: Token management solutions that enable consumers to self-manage their digital cards from within their mobile banking app will provide issuers with the ability both to reduce customer service costs and improve customer experience, Antelop Solutions CEO Nicolas Bruley explains in a 22-minute webinar now available to view in the NFCW Knowledge Centre... More
Vaccine credentials coalition to develop interoperable digital Covid-19 passport
A coalition of technology and healthcare providers in the US has launched an initiative to develop a solution that will enable individuals to store and access their Covid-19 vaccination records in their digital wallet “in a secure, verifiable and privacy preserving way”... More
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UK government to issue parents with digital free school meal cards
UK parents whose children are eligible for free school meals will be able to receive digital vouchers they can use on their smartphone or tablet to buy food at participating retail outlets while schools remain closed during the country’s second lockdown, the UK government has announced... More
Samsung cuts US support for MST transactions on new Galaxy phones
Owners of Samsung’s new Galaxy S21 smartphones in the USA will not be able to make payments using Samsung Pay’s magnetic secure transmission (MST) technology... More
BMW adds UWB to digital car keys
Apple iPhone users who purchase a BMW iX electric car will be able to lock, unlock and start the vehicle without taking their smartphone out of their bag or pocket using ultra wideband (UWB) functionality built into an upgraded version of the vehicle manufacturer’s Digital Key... More
Fiat Chrysler to let drivers order and pay for Grubhub food deliveries from their cars
Owners of Fiat Chrysler vehicles equipped with the manufacturer’s Uconnect Market connected services platform will soon be able to order and pay for their favourite food and beverages from restaurants in 4,000 US cities via an app embedded in their in-vehicle touchscreen... More
UK to trial digital Covid-19 immunity and vaccination passports
UK residents are to take part in a pilot of a digital immunity and vaccination passport that enables them to use their mobile phone to disclose their Covid-19 test results or vaccination status without revealing their identity... More
Agricultural Bank of China pilots central bank digital currency ATMs
The Agricultural Bank of China has launched pilot ATMs that enable customers in Shenzhen to deposit and withdraw money in the form of digital yuan, the country’s central bank digital currency (CBDC)... More
Emirates NBD leverages NFC to verify the identity of new account holders
Customers of Emirates NBD in the Middle East, North Africa and Turkey are the first in the region to be able to verify their identity documents when they open a new account using an NFC-powered solution on the bank’s mobile banking app. More
Mastercard pilots cloud POS solution for contactless payments acceptance on NFC smartphones
Mastercard is piloting a cloud-based version of its Tap on Phone payments acceptance solution, enabling merchants of all sizes to accept cloud-hosted contactless payments directly on their Android NFC smartphone or tablet... More