The value of the average contactless payment made in the UK has risen by 30% since the country increased its contactless spending limit from £45 (US$59) to £100 (US$132) in October last year, according to figures from UK Finance... More
Cashless
Apple Pay goes live in Argentina and Peru
Apple Pay has launched in Argentina and Peru with support for Mastercard and Visa cards issued by six banks in Argentina and five in Peru. It has confirmed the service is now live in both countries. More
7-Eleven Japan trials holographic contactless self-checkout
Customers at six 7-Eleven convenience stores in Tokyo, Japan, can now make cashless payments for their purchases by interacting with a holographic screen projected from a contactless self-checkout kiosk... More
Libyan bank to pilot biometric payment cards
Mediterranean Bank in Libya will be the first in the country to trial biometric payment cards that enable customers to authenticate contactless payments with their fingerprint... More
Tortoise to roll out robotic mobile smart stores in the US and UK
Consumers in New York, Chicago, Denver and other US cities as well as in London in the UK will soon be able to purchase items from remotely controlled robotic mobile vending machines with a tap of their contactless payment card or mobile wallet... More
Banco Central do Brasil names CBDC project partners
The Banco Central do Brasil (BCB) has named the partner organisations that will support the next phase of its central bank digital currency (CBDC) project... More
Shake Shack offers customers bitcoin rewards
Customers purchasing food and beverages from Shake Shack outlets in the US using the Cash App payments platform can opt to receive a 15% cashback reward in bitcoin... More
China to roll out next phase of digital yuan testing
China is to launch trials of its central bank digital currency (CBDC) in more cities and regions across the country after rolling out a pilot version of the digital yuan wallet app in January and trialling the CBDC during the Beijing Winter Olympics... More
Delhi lets tourists top up metro fare payment cards from official tourism app
Tourists in India can now top up their contactless Delhi Metro Rail Corporation (DMRC) transit card and receive information about routes and fares from their Apple or Android mobile device via the official Delhi Tourism app... More
Santiago metro and suburban rail services add mobile fare payments
Passengers travelling on Metro de Santiago services and EFE suburban rail lines in Chile can now pay their fares at station ticket gates with their mobile device as well as with a contactless bank or transit smartcard... More
Transport Scotland lets young passengers add free bus travel to national smartcard with NFC
Young people aged between 16 and 21 in Scotland can now add a pass entitling them to free bus travel to their physical National Entitlement Card (NEC) or Young Scot NEC smartcard from their NFC smartphone using Transport Scotland’s Pass Collect app... More
Tyne and Wear Metro launches mobile ticketing for Android users
Android smartphone users travelling on Tyne and Wear Metro services in the UK can now add their Pop preloaded transit card to Google Pay and use it to pay their fares with a tap of their mobile... More
Soldo lets customers in the UK and Italy add corporate payment cards to Google Pay
Holders of corporate payment cards issued by spending management platform Soldo in the UK and Italy can now add them to Google Pay and use them to make contactless payments with their Android smartphone, smartwatch or tablet... More
Contactless card purchases to exceed 522bn globally by 2026
The number of contactless card purchases made worldwide will increase by an average of 23% a year and reach a total of more than 522bn by 2026, up by more than 370bn on the 149bn recorded in 2020, according to a forecast by Retail Banking Research (RBR)... More
Santa Maria gets mobility app for contactless fare payments and trip planning
Santa Maria Regional Transit (SMRT) in the US has launched a mobility app that enables passengers on the Californian city’s public transport network to make contactless payments for all available fare options and validate their ticket or pass by scanning a QR code at an on-board validator... More
Taiwan to complete central bank digital currency pilot by September
The Central Bank of Taiwan (CBT) has accelerated its research into the development of a Taiwanese central bank digital currency (CBDC) and expects to complete the second phase of its pilot programme by September this year... More
Swedish challenger bank rolls out biometric payment cards
Customers of Swedish challenger bank Rocker can now apply for a biometric payment card that allows them to authenticate payments of any amount with their fingerprint rather than using a PIN... More
Global shipments of biometric payment cards to grow by 850% and reach 173m in 2026
Shipments of biometric payment cards with embedded fingerprint sensors will grow by almost 850% and reach a total of 173m worldwide by 2026, according to a forecast by Juniper Research... More
Ukraine calls on Visa and Mastercard to stop servicing cards issued by Russian banks
The National Bank of Ukraine (NBU) has called on Visa and Mastercard to stop servicing payments cards issued by Russian banks following the Russian invasion of Ukraine... More
Spain sees highest growth rate in contactless payments in Europe
The total number of contactless card payments made in Spain increased by 10% during 2021, the highest growth rate recorded in Europe, according to payment services provider Minsait Payments... More