PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva’s Mobiquity Wallet and PayPlus digital payment services are now available in the cloud, enabling banks to “deploy services faster, adapt to markets quicker and serve their customers better”... More
Vodafone India has unveiled Vodafone M-Pesa Pay, a digital payment solution allowing merchants to receive payments from customers using their M-Pesa wallet, bank account, or debit or credit card... More
Digital advertising promoting the availability of Apple Pay at unattended vending machines has resulted in a 36.5% increase in overall sales for cashless vending machine technology provider USA Technologies (USAT) as well as a 135.2% increase in NFC mobile payments, a six-month study now available to download from the NFC World Knowledge Centre reveals... More
Almost two thirds of US consumers (62%) expect the country to become a cashless society in their lifetime, research released by Gallup reveals... More
PARTNER NEWS: Motorists in Marseille, France, will soon be able to pay for the time spent in a parking bay by sending an SMS when they enter and another one when they leave, charging the payment to their mobile phone bill. More
Employees at NEC Corporation’s head office in Tokyo are trialling the use of facial recognition to authenticate purchases made in small shops inside the building. The trial began in June 2016 and will run until August as part of NEC’s efforts to “apply its biometrics authentication technologies to a range of services including cashless payment”. More
The Reserve Bank of India (RBI) has released its framework for payment and settlement systems with a view to moving the country towards a “less-cash” society... More
Canadians can now use the MintChip virtual currency to send and receive money through a P2P mobile app and make payments at participating merchants in Toronto’s Liberty Village neighbourhood by scanning a barcode... More
More than two thirds of UK consumers (68%) believe that cashless technologies will completely replace physical money by 2036, research released by the Mayor of London’s promotional company London & Partners reveals... More
Cashless vending machine technology provider USA Technologies (USAT) has seen an 89% increase in revenue through contactless purchases at self-service machines running on its ePort Interactive platform as a result of digital advertising highlighting Apple Pay availability at the point of sale. More
Turkey has introduced its own card payment system in an attempt to move towards a cashless society by 2023... More
Almost a quarter of UK adults (24%) have used their mobile phone to make an in-store mobile payment and 12% do so on a regular basis, the Prepaid International Forum (PIF) reports... More
Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years. More
PARTNER NEWS: NXP has teamed up with HID Global to work on enabling consumers to open electronic locks at commercial buildings, hotels and workplaces with a tap of an NFC wearable device. More
Healthcare technology provider MC10 and product solutions provider PCH are to commercialise MC10’s Wearable Interactive Stamp Platform (WiSP), an ultrathin, stretchable and disposable stamp worn on the skin that will enable brands to develop a “variety of consumer applications” including NFC payments. More
The number of cashless transactions at Hungarian festivals will reach 7m this year, representing an increase of 27% compared to last year’s 5.5m, research from Festipay predicts... More