Axis Bank has become the first in India to offer merchants the ability to accept NFC, contactless, QR and remote payments on standard smartphones... More
Axis Bank lets Indian merchants accept contactless payments on standard NFC phones
Mastercard
Octopus lets Hong Kong commuters add their transit card to iPhone and Apple Watch
Octopus transit card holders can now use their iPhone or Apple Watch to pay their fares and make purchases at 35,000 retail outlets across Hong Kong that accept Octopus for payments... More
Samsung Money to go live in the US this summer
A new Samsung Money by SoFi service due to launch in the US “later this summer” will provide “a mobile-first money management experience that brings a cash management account and a Mastercard-branded debit card along with exclusive benefits into Samsung Pay,” the company has announced... More
Dejamobile launches white label solution for contactless payments acceptance on standard NFC devices
PARTNER NEWS: Dejamobile has launched a white label solution that enables merchants to be provided with the ability to accept EMV contactless and digital payments on standard NFC phones and tablets — with no additional hardware required... More
Berg Insight releases contactless POS terminal market stats
Shipments of NFC-ready POS terminals reached 47.8m units globally in 2019, bringing the total to 100.4m worldwide, according to Berg Insight... More
Mastercard reports 40% growth in contactless transaction volumes
“We have seen over 40% growth in contactless transactions worldwide in the first quarter,” Mastercard president Michael Miebach has revealed, with “more than half of new tappers saying they will continue to use contactless once this pandemic is over.”... More
Westpac goes live with Apple Pay
Westpac switches on Apple Pay for customers — Westpac — “Apple Pay is now available for Westpac customers with an eligible Mastercard debit or credit card, or eftpos Handycard… Debit card holders can now choose the payment option linked to their card when they pay with Apple Pay, including ‘Mastercard Debit’, ‘eftpos CHQ’ and ‘eftpos SAV’.”
Google to add support for Bluetooth mobile payments?
Leaked screenshots of a new Google Pay debit card, to be issued by banks partnering with the search engine giant for its planned move into the US banking market, include mention of an option to use a digital version of the card “for Bluetooth mobile payments”... More
Timex, Mastercard and Tappy report on the role of wearable payments in urban mobility
KNOWLEDGE CENTRE: Convenience, consumer choice, and the ability to use contactless payments for public transportation hold the key to driving the mass market adoption of wearable payments in urban environments, Timex, Mastercard and Tappy explain in a panel discussion which is now available to watch free of charge in the NFCW Knowledge Centre... More
Switzerland and Liechtenstein double contactless payments limit
The contactless transaction limit in Switzerland and Liechtenstein is to be temporarily increased from 40 francs (US$41.60) to 80 francs (US$83.21) “in order to protect customers”... More
Kenya, Tanzania, Uganda and Mauritius to increase contactless transaction limit
Contactless transaction limits are being increased in Kenya, Tanzania, Uganda and Mauritius, Mastercard has announced... More
Canada increases contactless transaction limit by 150%
Visa and Mastercard are increasing the contactless payment limit in Canada by 150%, from C$100 (US$70) to C$250 (US$176)... More
Australia doubles contactless transaction limit to A$200
The Australian payments industry has begun implementing an increase in the country’s contactless payments transaction limit, from A$100 (US$60) to A$200 (US$120)... More
Mastercard: 29 countries have now agreed to raise their contactless payment limit
Mastercard is now working with 29 countries across Europe and central Asia to implement increases to their contactless payment transaction limit, the payments network says... More
Mastercard, Thales and Tappy explain how watch and wearable brands can add support for payments
KNOWLEDGE CENTRE: The opening session of the Wearable Payment Summit 2020, NFCW’s first online conference, is now available to watch free of charge in our Knowledge Centre... More
Poland doubles contactless payment transaction limit
Poland has doubled the country’s contactless card transaction limit from 50 zloty (US$11.85) to 100 zloty ($23.71)... More
Merchants in four European countries to pilot dongle-free contactless payments on Android NFC phones
Merchants in the UK, Germany, Bulgaria and Romania are to participate in the pilot of a new mobile POS (mPOS) service that enables contactless payments to be accepted on Android mobile devices “without the need for any additional hardware”... More
Samsung Pay goes live in Kazakhstan
Samsung Pay is now live in Kazakhstan, with the backing of nine local banks — Altyn Bank, Alfa Bank, ATF Bank, CenterCredit Bank, Eurasian Bank, ForteBank, Halyk Bank, Jýsan Bank and Sberbank... More
EU to unveil pan-European payments plan
The European Commission is planning to create an integrated EU payments system that will “facilitate the use of national payment services across Europe and reduce the dependency from international card operators such as Visa or Mastercard,” an EU official has told Euractiv... More
Mastercard unveils plan to let transit operators use biometrics to identify passengers
Mastercard is working with transport operators on the development of new biometric ticketing solutions that will make it possible for passengers to be automatically identified as they board a service, the payments network has revealed... More