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The number of checkout-free contactless stores around the world increased from 87 in 2020 to 252 in 2021 and will rise by more than 90% a year to exceed 12,000 by the end of 2027, according to Retail Banking Research (RBR)... More
Customers at a supermarket in the German city of Cologne owned by retail giant Rewe will soon be able to enter the store by scanning a QR code, selecting the items they wish to buy and paying for them from their mobile phone without needing to scan their purchases or use a checkout... More
German retail giant Otto Group is to close down its Yapital mobile payments service due to the “highly competitive but slow-developing digital payment business”... More
The largest NFC mobile payment initiative in Germany to date has launched in the capital Berlin, as the country’s three mobile network operators, Vodafone Germany, Deutsche Telekom and Telefonica, team up with six major retail groups to update more than 2,000 point-of-sale terminals to support NFC payments in nearly 500 stores... More
Retailer-owned mobile payments provider Yapital is to add “one click” purchases from printed advertising media to its app, enabling shoppers to order and pay for promoted products by scanning QR codes in merchants’ billboard and newspaper ads, flyers and shop window decals... More
