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
SoftPOS case study: Slides and webinar recording now available
Cashless
Samsung and Naver partner on mobile payments in Korea as Apple Pay prepares to go live
Samsung and Naver have formed a strategic partnership designed to maintain the two companies’ mobile payments market leadership in South Korea ahead of Apple’s expected launch of Apple Pay in the country in the coming months... More
Join us today for a webinar about taking contactless payments with standard NFC mobile phones
If you’d like to know more about taking contactless payments with stock Android and Apple mobile phones join us for our ‘SoftPOS case study’ webinar at 3pm GMT today... More
Barclays reports 50% increase in UK contactless transactions by value
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
Laos central bank launches CBDC pilot
The central bank of Laos has begun testing a proof of concept central bank digital currency (CBDC) known as the DLak or digital Lao kip as part of its research into the potential issuance of a CBDC in the country... More
Apple Pay set to launch in Korea
Apple Pay will go live in South Korea with support from Hyundai Card in the next few months, according to local media reports that cite statements from the two companies... More
New York grocery store launches contactless scan and pay shopping
Customers at Foodcellar Market grocery stores in New York City in the US can now scan the items they wish to purchase with their smartphone and then pay for them from their mobile device before leaving the store... More
Bank of England and UK Treasury launch consultation on digital pound
The Bank of England and UK Treasury have launched a consultation on the design of the proposed digital pound and could roll out the central bank digital currency (CBDC) during the second half of the decade, according to bank and government officials... More
Nepal introduces in-store NFC mobile payments
Consumers in Nepal can now make contactless NFC payments by tapping their smartphone on an NFC reader at the point of sale (POS) without needing an internet connection... More
Indian banks begin testing digital rupee for contactless in-store payments
India’s ICICI, IDFC First and Kotak Mahindra banks have begun enabling selected merchants to accept contactless in-store payments made using the retail version of the prototype digital rupee as part of the first phase of the Reserve Bank of India’s retail central bank digital currency pilot... More
More than half of payments made with First National Bank cards in South Africa are now contactless
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
Central Bank of Jordan doubles daily contactless limit
The Central Bank of Jordan (CBJ) has increased the limit for individual contactless transactions made without a PIN from 55 Jordanian dinars (US$77) to 100 Jordanian dinars (US$141) and doubled the country’s daily contactless limit from 150 Jordanian dinars (US$212) to 300 Jordanian dinars (US$423)... More
Trust Payments to share lessons learned from developing a softPOS solution for merchants across Europe
Russel Luis E Fernandes, head of product for card present payments at European omnichannel payments leader Trust Payments, will share the lessons learned from developing a software-only POS solution for large and small merchants across Europe at NFCW’s next Contactless World Congress event on 21 February... More
European Central Bank draws up plans for digital euro app for contactless and QR code payments
The European Central Bank (ECB) is considering plans to develop a digital euro app that would enable consumers to use the proposed central bank digital currency (CBDC) to make contactless and QR code-based payments and “facilitate a standard approach to connecting end users to intermediaries” including banks and other payments processors... More
Washington Metro lets students add digital transit passes to Apple Wallet via NFC
College students with a physical prepaid U-Pass SmarTrip transit card can now generate, store and use a digital version of it in Apple Wallet... More
Russian banks pilot contactless payment stickers for iPhone users
Apple users with accounts at two Russian banks will soon be able to attach an NFC payment sticker to the back of their iPhone that enables them to make contactless payments for goods and services with their smartphone... More
Qatar National Bank rolls out contactless biometric payments
Customers of Qatar National Bank (QNB) can now authenticate contactless payments for purchases at merchants in Qatar using their face and without needing to use a physical payment card or smartphone... More
Bangladesh central bank pilots interoperable national QR code payments system
The Central Bank of Bangladesh is trialling an interoperable payments system that will enable customers of more than 15 major banks and payment service providers to pay for their purchases by scanning a standardized QR code at a participating merchant’s point of sale with their smartphone... More
Samsung Wallet to go live in eight more markets
Samsung Wallet will soon go live in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore and Taiwan, enabling users to store and use digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More
Penn State launches contactless mobile student IDs for NFC devices
Penn State University in the US has launched a digital student identity card that students can store on their Apple or Android NFC smartphone or smartwatch and use to access campus buildings and to make contactless on-campus purchases... More