What's New in Payments

Revolut lets customers pre-authenticate their contactless card as they approach the SCA transaction limit

Revolut contactless visa card

UK-based neobank Revolut has implemented a Strong Customer Authentication (SCA) system that lets customers use their mobile banking app to authenticate their contactless card as they get close to reaching the new contactless transaction limit, avoiding the risk of having their card declined when they next attempt to make an in-store purchase... More





Transit Ticketing Today

Guangzhou Metro pilots facial recognition at ticket barriers

South China city subway adopts facial recognition — Xinhua — “Instead of using tickets or swiping their smartphones, passengers can smile at a screen to unlock the electric gates in about half a second after completing a real-name registration on Guangzhou Metro’s official mini-program on WeChat, China’s popular social media platform, or on the ‘Guangzhou Metro’ mobile app. The fee will be deducted from the payment methods that subway riders previously register and validate through their mobile phones.”









NFC World

DHL tracks temperature-sensitive medical supplies with NFC

New logistics technologies introduced at DHL Global Chicago hub — Healthcare Packaging — “Using near field communication (NFC) technology, sensors log in-transit ambient environmental temperature conditions during shipping, functioning at temperatures between -40 and +60 degrees Celsius. The sensors allow uploading of temperature data directly to the DHL mobile app and LifeTrack web portal, making them cost effective and easy to use without the need for specific scanners or devices… DHL has seen a 40% increase in operational capabilities using these scanners.”


Transit Ticketing Today

Tencent reports 100 million transit ticketing mini-app users

100 million transit riders are paying with WeChat mini-program: Tencent — Caixin Global — “Ride Code allows subway and bus riders to pay for transit fares with QR codes directly upon boarding in various Chinese cities. At subway stations, that means showing your barcode at the turnstile. Riders do not need to visit ticket kiosks as the fare is deducted from their WeChat Pay wallet.”


What's New in Payments

Samsung lets Canadian merchants accept contactless payments on Galaxy smartphones

Samsung Pay Touch app turns your Galaxy smartphone into a PoS terminal — SamMobile — “Samsung has quietly launched the Samsung Pay Touch app to target small businesses in Canada. The app transforms compatible Galaxy smartphones into POS (point of sale) terminals that can accept contactless payments from customers… The biggest advantage of Samsung Pay Touch is that it doesn’t require any additional hardware to set up. As long as you have a compatible Galaxy smartphone, you can download the app and complete the registration to start using it right away.”


What's New in Payments

OCBC lets customers use mobile phones to withdraw cash from ATMs

OCBC Bank is first in Singapore to enable cash withdrawals at ATMs using QR codes — OCBC — “OCBC Bank customers can withdraw cash by just scanning a QR code using the OCBC Pay Anyone app, then authenticating the transaction via fingerprint, faceprint or mobile banking login credentials… Using a QR code instead of keying in a PIN is more secure because biometric authentication can be chosen, a more robust security feature than a PIN that can be revealed or stolen. Further, a physical ATM card can be skimmed while a mobile device cannot.”


What's New in Payments

Co-op extends mobile self-checkout trial to 30 UK supermarkets

Co-op Group expands till-less payment tech to more stores — Co-op Group — “The retailer is extending its pay-in-aisle technology trial, with time-pressed shoppers able to access the easy to use app on their phones and devices in over 30 Co-op food stores… It enables customers to scan products on their own device as they walk around the store, with the cost of the shop deducted from their Apple or Google Pay account with the touch of a button. Without the need to visit a till.”


What's New in Payments

CBA builds location tracking security into mobile banking app

CBA app wants your location, biometrics in name of security — CIO Australia — “If we see a transaction coming out of Hong Kong but we know from a customer’s phone they’re in Melbourne or Sydney: straight away that gives us an opportunity to spot a discrepancy and block it straight away… If we’re not sure we’ll pop into the app with a question in real time and we ask the customer to help us, and they can swipe or click to say yep I’m comfortable with this or no this is something I don’t recognise.”



What's New in Payments

National QR standard for mobile payments rolls out in Sri Lanka

Commercial Bank launches ComBank Q+ — Sri Lanka’s first QR based payment app under LankaQR — Commercial Bank of Ceylon — “The Commercial Bank of Ceylon (CBSL) has launched ComBank Q+ — the first Quick Response (QR) based payment app to be launched under LankaQR… LankaQR is the national QR standard for local currency payments introduced by the CBSL.”


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