Google has announced that it is to launch its Android Pay mobile payment service in the UK within the “next few months.” The service will launch with support from MasterCard, Visa and eight UK financial institutions. Barclays, one of the UK’s “big four” banks and an NFC mobile payments pioneer, is a notable absence from the list. More
More than 100m people around the world will use an NFC handset to make a purchase this year, according to a new report from Strategy Analytics, and the value of transactions conducted via NFC handsets will grow from US$30bn in 2016 to US$240bn in 2021. More
UK spending on contactless cards rose more than threefold in 2015 to reach £7.75bn (US$10.8bn), research from The UK Cards Association reveals, meaning that total contactless spending last year was more than double that of the preceding seven years combined... More
Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More
More than 3.2m journeys across London’s transport network were made using mobile devices in the second half of 2015, Transport for London (TfL) has revealed, and over 35,000 journeys a day are now being made using a mobile device. More
Visa cardholders made more than a million contactless journeys on London’s transport network on a single day in the lead up to Christmas, Visa Europe has revealed... More
London commuters will soon be able to pay for black cab fares with an NFC device or a contactless card using PayPal Here, the company’s contactless reader that launched in the UK in August 2015... More
All London taxis will be required to accept contactless payments from October 2016, Transport for London (TfL) has confirmed... More
Passengers using Apple Pay to pay for travel with a MasterCard on London’s transport network will have their fares refunded by the payments network over the next four Mondays. More
‘Contactless’ has made the shortlist for the 2015 Collins Word of the Year but missed out on the top spot to the word ‘Binge-watch’... More
MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More
A team of NFC payments veterans has launched a campaign on Kickstarter to raise funds for an NFC ring that can be used to make payments at contactless POS terminals and across the Transport for London network. More
More than 180m journeys have been made using contactless payments on London’s transport network in the first year since its launch, Transport for London (TfL) has revealed... More
The amount that UK consumers are spending using contactless has risen 150% in the last 12 months, with the number of transactions up 134%, research from Barclaycard has revealed. ... More
One in ten UK consumers using Apple Pay experienced issues when using the contactless payment service during its first week, research from social media company Brandwatch reveals... More
Transport for London (TfL) has warned commuters of potential risks when using Apple Pay to pay for journeys on the city’s public transport network, including a flat battery that could result in penalty fares and the possibility of being charged twice if they carry both an iPhone and Apple Watch... More
Apple Pay is now live across the UK, enabling consumers with iPhone 6, iPhone 6 Plus and Apple Watch devices to make NFC mobile payments at more than 250,000 locations and across the Transport for London (TfL) bus and underground rail network... More
More than one billion contactless transactions worth in excess of €12.6bn have been made by Visa cardholders across Europe in the past 12 months, research from Visa Europe has found, with its customers spending €1.6bn using their contactless cards in March 2015 alone — a three-fold increase compared to the same month in 2014... More
Five hundred London buses have been equipped with Bluetooth Low Energy (BLE) beacons to send targeted messages to commuters, as part of out-of-home media owner Exterion Media’s beacon rollout across “major cities” in the UK in partnership with mobile marketing and NFC specialist Proxama... More
A proposal from Transport for London (TfL) explores whether contactless payments “with cards and other payment methods” should be accepted in all taxis across the city... More