Google Wallet has launched in Japan, enabling users to store and use their credit, debit, transit and loyalty cards, boarding passes, tickets and other digital credentials on their Android NFC smartphone or Wear OS smartwatch... More
Cashless
India’s national contactless transit card rolls out in Bengaluru
Passengers travelling on Bangalore Metro services in the Indian city of Bengaluru can now make contactless fare payments with the RuPay-enabled National Common Mobility Card (NCMC) that can also be used to pay for fuel, parking, tolls and in-store purchases... More
Half of drivers rank in-car payments as a top priority for connected car services
More than half of drivers globally would choose the ability to make in-car payments for parking, fuel, tolls and food as a priority when ranking the important features of connected car services (56%), according to a survey... More
ST releases NFC reader chip with active waveshaping and heartbeat detection
PARTNER NEWS: STMicroelectronics has released an NFC chip that supports active waveshaping and heartbeat detection, enabling developers and manufacturers to create smaller and more efficient contactless payment solutions and ensure devices comply with EMVCo 3.1 specifications... More
Panera Bread installs biometric palm payments devices at US bakery stores
Customers at Panera Bread outlets in St Louis, Missouri, in the USA can now opt to access their loyalty account and make contactless payments for their purchases with their palm... More
Apple Pay goes live in South Korea
Apple Pay has launched in South Korea with support for Mastercard, Visa and local debit and credit cards issued by Hyundai Card... More
MTR begins open loop contactless fare payments rollout in Hong Kong
Passengers travelling on services operated by Hong Kong’s Mass Transit Railway (MTR) will soon be able to make contactless fare payments with their physical or digital credit card as well as an Octopus transit card or a digital QR code ticket on their smartphone... More
Xiaomi files patent for technology supporting contactless QR payments on AR glasses
Chinese electronics manufacturer Xiaomi has filed a patent with the China National Intellectual Property Administration for technology that would enable users of its wearable augmented reality glasses to initiate and authenticate contactless QR code payments. More
Germany to issue contactless monthly passes for unlimited multi-modal travel on transport services nationwide
Public transport users in Germany will soon be able to purchase a physical or digital contactless travel pass that will enable them to make unlimited journeys on local and regional public transport services across the entire country for a fixed monthly fee... More
Indian rapid transit system to trial digital rupee for contactless parking payments
Passengers using rapid transit services operated by Kochi Metro in the Indian state of Kerala will soon be able to make contactless parking payments with the country’s central bank digital currency (CBDC) as part of a digital rupee pilot programme launched by the Reserve Bank of India (RBI)... More
Visa reports on contactless and mobile payments adoption in Singapore
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
In-store mobile and wearable transaction values in Italy rise by 122% to hit US$17.5bn
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
CBDC transactions to top US$213bn worldwide by 2030
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
Central bank enables rollout of contactless mobile payments in Egypt
The Central Bank of Egypt (CBE) has issued regulations governing payment card tokenization on mobile apps that enable banks and payment service providers to allow customers to make contactless payments with digital cards stored in mobile wallets including Apple Pay, Google Pay and Samsung Pay... More
Visa reports on passenger preferences for transit payments
More than four in ten transit passengers worldwide say that tapping their own debit or credit card to make open loop contactless fare payments is their preferred fare payment option (42%), followed by tapping a card stored in their mobile wallet (39%), using a closed loop transit card (38%), cash (31%) and app-based payment (29%), according to a Visa survey... More
ANZ to run central bank digital currency pilot at Australian universities
The Australia and New Zealand Bank (ANZ) is to pilot the use of a prototype central bank digital currency (CBDC) for offline transactions using pre-loaded contactless cards at RMIT University in the Australian city of Melbourne and Southern Cross University in New South Wales... More
Google Wallet goes live in Costa Rica
Google Wallet has launched in Costa Rica, enabling users to store and use their credit and debit cards, boarding passes, tickets and other digital credentials on their Android NFC smartphone, Wear OS smartwatch or Fitbit device... More
European Central Bank sets out timeline for digital euro rollout
The European Central Bank (ECB) has laid out plans for a staggered rollout of a digital euro that would begin with the bank initially releasing the central bank digital currency (CBDC) for use in person-to-person and ecommerce transactions... More
Tampa Bay transit authorities roll out open loop contactless ticketing with fare capping
Passengers travelling on bus and trolleybus services across the Tampa Bay region of Florida in the US can now make contactless fare payments using their physical contactless credit, debit or prepaid card or via Apple Pay or Google Pay on their NFC smartphone or wearable... More
Bank of Montreal drops debit card transaction fees for contactless fare payments across Canada
Bank of Montreal (BMO) customers can now use their debit card to make contactless fare payments on services operated by transit authorities throughout Canada without their journeys counting towards their monthly free transaction limit... More