Six news stories.
• Should BankAxept be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should BankAxept be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
The spending limit for contactless card payments in the UK is being increased from £30 (US$35.33) to £45 (US$52.99), UK Finance has announced. The new spending limit will begin to roll out from 1 April 2020. More
Norway is increasing the transaction limit for BankAxept domestic contactless debit card payments from 400 kr (US$34.28) to 500 kr (US$42.84) “in order to minimise the number of physical touch points where infection can be transmitted”... More
Handelsbanken, BankAxept and Evry launch contactless payment from micro bank cards in wristbands — Evry — “This micro bank card makes paying for small purchases quicker and simpler than any other solution currently available to customers. You can, for example, have this small waterproof card in a wristband on the beach so you can buy an ice cream as soon as you get out of the water without having to first fetch your wallet or mobile. We therefore think many people will like this solution and will use it on a day-to-day basis.”
Norwegian banks to combine payment units Vipps, BankAxept, BankID — Reuters — “Norwegian banks agree to combine payment units Vipps, BankAxept and BankID Norge to improve product offering and prepare for competition against global tech firms… DNB CEO Rune Bjerke said: “We have two choices. Either let the existing payments infrastructure wither away, or join forces and push forward.”
PARTNER NEWS: Digital security giant Gemalto has been awarded a contract by bank-owned BankAxept, the national payment scheme of Norway, to enable “all local banks to interconnect through a single credentials management hub for streamlined and secure management of mobile payments services”... More
Canadian debit network Interac has partnered with Norwegian domestic debit network BankAxept to help accelerate the rollout of NFC mobile debit solutions in Norway... More