Vehicle manufacturers across the world are now working to bring contactless car keys that work seamlessly on both Apple and Android devices to all makes and models of both privately-owned and commercial vehicles, Car Connectivity Consortium vice president Daniel Knobloch has told NFCW editor Sarah Clark. More
The number of new Hyundai Cards issued in South Korea since Apple Pay launched in the country has now reached 355,000, with nearly eight in ten of new cardholders being Millennials or belonging to Generation Z (79%)... More
Residents of Colombia with a La Cédula Digital Colombiana digital national identity card can now use their facial biometric data stored on the National Registry of Civil Status to authenticate their identity when opening a bank account, requesting a loan or carrying out other transactions on mobile banking apps, at bank branches and at ATMs... More
More than half of all EMV card transactions at food and beverage vending machines in the USA and Canada in 2022 were contactless (51.69%) and contactless payments were the main driver for a 350% year-on-year growth in cashless vending machine micropayments made using EMV cards, according to a new study... More
The number of registered mobile money accounts globally rose by 13% from 1.4bn in 2021 to 1.6bn in 2022 and total mobile money transaction values grew by 22% from US$1tn to US$1.26tn over the same period, according to research by the GSMA... More
New York’s Metropolitan Transportation Authority (MTA) is to begin installing vending machines that will enable passengers to purchase and top up its contactless Omny EMV fare payments card at all 472 stations across the city’s subway network rather than having to visit a retail store... More
The number of new Hyundai Card users in South Korea rose by 75% from 116,000 in February to 203,000 in March following the launch of Apple Pay in the country on 21 March... More
The number of passengers purchasing QR code mobile tickets for journeys on Kochi Metro services in the Indian state of Kerala has increased twenty-fold since the rapid transit system launched a promotion offering a 10% discount for peak-time and 50% discount for off-peak travel to mobile ticketing users... More
More than eight in ten consumers in Singapore now use contactless cards (82%) and the widespread use of and preference for contactless card payments is one of the key drivers behind the country’s “shift towards becoming a cashless nation”, according to a Visa report... More
Consumers in Italy used their smartphones or wearable devices to make in-store contactless payments worth a total of €16.3bn (US$17.5bn) in 2022, an increase of 122% compared with 2021, according to the Innovative Payments Observatory (IPO) at Milan Polytechnic University... More
The total annual value of transactions made using central bank digital currencies (CBDC) will exceed US$213bn by 2030, up from US$100m in 2023, according to a Juniper Research forecast... More
The number of active digital identity apps in use globally will exceed 4.1bn by 2027, up by nearly 2bn from a total of 2.3bn in 2023, according to a forecast by Juniper Research... More
A slide deck and video recording from NFCW’s softPOS case study featuring Trust Payments and Dejamobile is now available to access free of charge in the NFCW Knowledge Centre... More
The total value of contactless payments made in the UK jumped by 49.7% in 2022, Barclays reports, “as Brits embraced the £100 transaction limit and returned to high street shopping following the easing of all coronavirus restrictions”... More
Nearly eight in ten drivers in the Australian state of New South Wales now have a digital version of their driving licence stored on their smartphone that they can use in cases ranging from police checks to age verification in shops and bars and identity authentication when collecting postal deliveries, according to state minister Victor Dominello... More
The number of credit cards issued via digital card issuance platforms worldwide will rise from 120m in 2023 to more than 320m by 2027, according to a Juniper Research forecast... More
More than 50% of all payments made with physical or digital payment cards issued to customers of South Africa’s First National Bank (FNB) are now contactless, the bank reports... More
Transit agencies in the US would benefit from introducing open loop contactless fare payment systems but widespread adoption “has remained elusive” owing to challenges that both the US public transportation and payments sectors need to address, according to a report by the Washington DC-based Brookings Institution research group... More
Passengers travelling on the Moscow Metro and Moscow Central Circle services in the Russian capital paid for a total of around 32m journeys using the network’s FacePay biometric contactless fare payment system and more than 220,000 new users registered to use FacePay during 2022, Moscow Metro reports... More
More than six in ten card payments made at the point of sale (POS) across European countries within the eurozone are now contactless (62%) compared with just over four in ten in 2019 (41%), a European Central Bank (ECB) survey reveals... More