The PCI Security Standards Council has published a flexible modular standard for accepting payments on a smartphone or other commercial off-the-shelf (COTS) mobile device that supports a variety of payment acceptance channels and customer verification methods including software point-of-sale (sPOS) contactless acceptance solutions... More
Fitbit users are now able to add Google Wallet to Sense 2 and Versa 4 smartwatches and then use their wearable to make contactless payments in 45 countries, including 7 of the 12 countries where Google Wallet is now available for the first time... More
Ireland’s National Transport Authority (NTA) is to launch an account-based contactless ticketing solution on Dublin’s buses as a next step towards rolling out an integrated contactless fare payment system across the country’s bus, rail and other transport networks... More
Samsung Wallet has gone live in Qatar and South Africa, enabling users to store and use their digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More
Google Wallet has gone live in Malaysia, enabling users to store and use their credit and debit cards, boarding passes, tickets and other digital credentials on their Android NFC smartphone or Wear OS smartwatch... More
The Bank of Korea (BOK) is to review additional central bank digital currency (CBDC) design options after its 10-month experiment to test a retail CBDC based on distributed ledger technology (DLT) revealed “limitations of scalability” such as slow processing times during periods of high transaction volume when compared with a more conventional centralised ledger database, the bank says... More
Denmark’s state railway operator Danske Statsbaner (DSB) has begun rolling out a software-only point-of-sale (sPOS) solution that enables rail staff to accept contactless fare payments on a standard Android NFC smartphone without needing any additional hardware or accessories... More
Passengers travelling on Translink’s Metro bus services in Belfast are the first in Northern Ireland to be able to pay a flat fare for their journeys with a tap of their contactless bank card and benefit from daily fare-capping using the public transport operator’s contactless account-based ticketing system... More
Qatar Central Bank is to launch a national contactless prepaid debit card that will enable both banked and unbanked citizens to make contactless payments at the point of sale, withdraw cash from ATMs and make online purchases... More
The total number of consumers globally making contactless mobile payments with a smartphone or other NFC-enabled device will exceed one billion for the first time by 2024, rising from 782m in 2022, according to a Juniper Research forecast... More
UK supermarket chain Tesco is to open three hybrid stores that give customers the option of choosing a checkout-free, automated shopping experience, an unattended self-checkout station or a conventional, manned checkout... More
Société Générale customers with a business account in Morocco can now apply for a biometric bank card that enables them to authorise contactless payments of any amount with their fingerprint rather than using a PIN or any other form of authorisation... More
The Reserve Bank of India (RBI) has begun testing a prototype wholesale central bank digital currency (CBDC) and will launch a pilot programme for a retail digital rupee with merchants and consumers in select locations “within a month”, the central bank says... More
One in ten consumers in the Nordic countries now prefer to make mobile payments at the point of sale, double the number who prefer to use cash (5%), making mobile payments the second most popular payment method in the region for the first time, according to figures from regional payments processor Nets... More
New York’s Metropolitan Transportation Authority (MTA) has added support for reduced fares to its Omny open loop contactless payments service, enabling eligible senior citizens and people with disabilities to receive a discount whenever they tap to pay for their subway or bus journey using their debit or credit card, smartphone or wearable device... More
The Hong Kong Monetary Authority (HKMA) has unveiled a prototype two-tier central bank digital currency (CBDC) ecosystem that will enable end users to store digital HK dollars as either intermediated CBDC tokens or CBDC-backed stablecoins in a digital wallet and use them to carry out retail transactions... More
The New Zealand government and the Waka Kotahi NZ Transport Agency have confirmed plans to launch a national account-based open loop payments system that will enable public transport users to make contactless fare payments with a new national transit card or their own physical or digital credit or debit card... More
Customers purchasing laptops, tablets, smartphones and accessories from a branch of Polish retail chain Komputronik in the city of Wroclaw can now pay for their purchases using a biometric payments system that uses a combination of iris and face recognition technology... More
Fans attending sports matches, concerts and other events at Seattle’s Climate Pledge Arena in the US state of Washington can now opt to pay for their purchases with their palm at three additional food and drink outlets across the venue... More
Passengers travelling on the Caboolture, Redcliffe Peninsula and Gold Coast railway lines in south east Queensland can now make contactless fare payments with their credit or debit card, mobile phone or smartwatch using the Australian state’s open loop ticketing system... More