The number of cities worldwide where Google Wallet users can now store digital transit tickets or make open loop or closed loop contactless fare payments with a credit, debit or prepaid transit card stored on their Android device has topped 500, Google has revealed in a blog post... More
The Utah Transit Authority (UTA) in the USA is to implement a “next generation” account-based ticketing system that will support both open and closed loop contactless fare payments, mobile ticketing, flexible fare structures and fare capping across its public transportation networks... More
Transport for London (TfL) is planning to integrate its Oyster closed-loop transit card into an account-based ticketing system for contactless fare payments as part of a network-wide scheme to upgrade its revenue collection system, according to a call for competition issued by the transit agency’s trading arm, Transport Trading Ltd... 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 New York Metropolitan Transportation Authority (MTA) has launched a physical Omny EMV payments card to enable passengers travelling on the city’s subway and bus services to make closed loop contactless ticketing payments... More
Passengers on buses, trams and trolleybuses in the Bulgarian capital of Sofia can now pay their fares by simply tapping their physical contactless credit or debit card or a digital card uploaded to their NFC mobile wallet on an on-board reader... More
Passengers travelling on metro, rail, bus, tram and boat services in the Swedish capital of Stockholm will soon be able to use an EMV white label card issued by the city’s Storstockholm Lokaltrafik (SL) transit authority to make EMV contactless payments for their fares... More
The number of open-loop EMV contactless cards used to make transit ticketing payments worldwide will increase from 24.8m currently to 136.9m by 2025, according to an ABI Research forecast... More
Passengers using public transport services in the greater Paris region could soon be able to store their Smart Navigo digital transit card on their iPhone and use it to make contactless fare payments... More
The market for payment-enabled wearable devices will reach US$7.2bn in 2024, “driven by a surge in contactless payment adoption, as a result of growing usage of contactless cards and near field communication (NFC)-enabled mobile payments,” ABI Research predicts.... More
The state of mobile payments in 2019 — Electronic Transactions Association — “In 2018, 55 million people in the US used their smartphone to make a payment at a physical point of sale, whether by loading money into a closed-loop mobile app (like the Starbucks app) or by loading a credit or debit card into an open-loop mobile wallet (like Apple Pay, Google Pay, or Samsung Pay) and using it to pay at the point of sale. These 55 million users account for about 20% of the U.S. population aged 15 and over, and just over 25% of US smartphone users.”
Visa and payments hardware specialist Planeta Informatica have come up with an easy way to add contactless payments at public transit turnstiles... More
PARTNER NEWS: Payment solutions provider Valitor is to use Dejamobile’s cloud-based payments platform to provide its clients with the ability to add mobile payments and a branded mobile wallet to their services... More
Enabling customers to scan items in the aisle as they shop and then check themselves out and complete the payment process all from their mobile phone holds multiple benefits for retailers aiming to improve the in-store experience, cut costs and increase revenues, a new white paper from Rambus explains... More
PayPal leads mobile wallet rankings as users forecast to pass 2bn next year — Juniper Research — “Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up by nearly 30% on the 1.6 billion recorded at the end of 2017… The report also argued that while QR code-based in-store payments had seen quite astonishing levels of adoption in China, successful use cases in Europe and North America were likely to be limited to ‘closed loop’ wallets such as those deployed by Starbucks and Walmart.”
Apple Pay is set to add support for closed loop transit cards, issued by public transportation operators, information found in the code of the latest version of iOS suggests... More
NFC World today welcomes Beijing-based Okey Co as a member of our partner program... More
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva and mobile network operator Airtel Tanzania have jointly won the Global Telecom Business (GTB) Innovation Award for Airtel Money Tap Tap NFC Payments in the customer service category... More
Indian closed-loop mobile wallet provider FreeCharge has partnered with mobile point of sale provider Ezetap to let its users make in-store mobile payments at “thousands of Ezetap service points consisting of small and mid-sized retailers across India”... More
Users of Chase Pay will soon be able to buy food and drinks at more than 7,500 Starbucks cafés in the US through the coffee chain’s own mobile app or with the Chase Pay app... More