Passengers travelling on buses, electric buses and trolley buses in Prague in the Czech Republic can now use their physical or digital debit or credit card to purchase tickets for their journeys from onboard contactless self-service terminals rather than in advance or from the driver... More
Transit agencies in the US would benefit from introducing open loop contactless fare payment systems but widespread adoption “has remained elusive” owing to challenges that both the US public transportation and payments sectors need to address, according to a report by the Washington DC-based Brookings Institution research group... More
Passengers travelling on the Moscow Metro and Moscow Central Circle services in the Russian capital paid for a total of around 32m journeys using the network’s FacePay biometric contactless fare payment system and more than 220,000 new users registered to use FacePay during 2022, Moscow Metro reports... More
More than six in ten card payments made at the point of sale (POS) across European countries within the eurozone are now contactless (62%) compared with just over four in ten in 2019 (41%), a European Central Bank (ECB) survey reveals... More
Just over half of UK consumers believe that the growing popularity of digital payments is making physical wallets irrelevant (51%) and one in five say they do not expect to carry a wallet or purse within five years (21%), a figure that rises to 38% among millennials, according to a Mastercard survey... More
The ECB has laid out a series of design and distribution options for a digital euro that describe how the Eurosystem and supervised intermediaries such as commercial banks would operate in order to issue, distribute and settle transactions made using the proposed central bank digital currency. More
Customers of Abu Dhabi Islamic Bank (ADIB) can now make tokenized contactless payments using a range of wearables, including a contactless payments ring and a clasp with an embedded contactless payments chip that they can attach to a watch, bracelet or other wearable accessory... More
More than eight in ten payment terminals worldwide now accept contactless payments (82%) as the number of outlets accepting card payments globally grew by 2% in 2021 to reach 88m and the number of eftpos terminals increased by 5% to reach 134m, according to research from RBR... More
The Bank of England has issued a tender inviting suppliers to design and produce a proof of concept central bank digital currency (CBDC) wallet, sample user and merchant websites and a back-end server that can be implemented as a prototype for future user testing of a digital pound in the UK... More
PARTNER NEWS: Dejamobile has added support for tips to its white-label SoftPOS solution, making it possible for merchant service providers, acquirers and payments facilitators to provide restaurants, hairdressers and other merchants with the ability to accept contactless payments that include a gratuity on a standard Android NFC phone... More
The Central Bank of Nigeria (CBN) is restricting the amount of cash that consumers and businesses can withdraw from ATMs to 20,000 naira (US$45) per day and 100,000 naira (US$225) per week... More
Passengers travelling on buses and trams in the Italian capital city of Rome will soon be able to make contactless fare payments with their physical or digital credit, debit or prepaid cards using public transportation operator Atac’s Tap & Go service... More
Gamblers visiting Resorts World Las Vegas can now register, verify their identity, join a loyalty program and upload funds to a dedicated digital wallet before they arrive at the resort, and will no longer have to confirm their identity with casino staff prior to purchasing gambling chips and placing contactless cashless bets at slot machines directly from their smartphone... More
Passengers who use a wheelchair travelling on services operated by Osaka Metro in Japan are the first to trial a biometric contactless fare payment system that enables them to pay by passing through a wheelchair-accessible ticket gate equipped with face recognition technology... More
Passengers travelling on bus, train, tram and metro services in the Dutch capital and surrounding areas can now pay their fares by tapping onboard readers or ticketing gates at the beginning and end of their journey with their contactless debit or credit card or with their Apple or Android NFC smartphone... More
The Reserve Bank of India (RBI) is this week launching a pilot scheme in four Indian cities to test the retail version of its prototype central bank digital currency (CBDC) for both in-store and peer-to-peer transactions, the central bank says... More
Apple Pay will begin a limited pilot rollout in South Korea this week, initially for online payments and with offline payments to follow, according to advertisements seen in the capital Seoul and reported by local media outlets... More
Passengers travelling on the 100E airport shuttle bus operated by Budapesti Közlekedési Központ (BKK) in the Hungarian capital of Budapest will soon be able to pay their fares by tapping their physical or digital contactless credit or debit card on an on-board reader... More
The Sella banking group in Italy is piloting a biometric credit card that enables users to authenticate both contactless and contact payments with their fingerprint with selected customers of its subsidiary consumer credit company Sella Personal Credit... More
Students at Penn State University in the US will soon be able to gain access to halls of residence and other campus facilities and to make contactless on-campus purchases using a digital student identity card stored on their Apple or Android NFC smartphone or smartwatch... More