What's New in Payments

Bermuda trials digital stimulus token to distribute financial aid to citizens’ mobile phones

Bemuda's Premier David Burt using digital payment stimulus token

Residents and retailers in Bermuda are taking part in a pilot to test the viability of a “digital stimulus token”, which the Bermudan Government hopes to use to distribute financial aid more efficiently and to facilitate the purchase of food and other essential items during and beyond the Covid-19 pandemic... More





NFC World

UL gets EMVCo accreditation for mobile payments testing

UL

UL has extended its testing services to include Application Activation User Interface (AAUI) and Proximity Payment System Environment (PPSE) testing, enabling payments technology providers to ensure their products adhere to EMVCo’s Contactless Mobile Payment Product Type Approval requirements... More


NFC World

EMVCo reports on NFC

Payments industry technical standards body EMVCo has published a 47-page white paper setting out its view of the contactless mobile payment (CMP) landscape, detailing the principles that guide the body’s efforts, and summarising the work it has carried out to date... More