Merchants in the Netherlands can now use their Apple iPhone to accept contactless payments without needing any additional hardware... More
Contactless mobile payment (CMP)
Central bank to add support for NFC to India’s UPI Lite digital wallet service
The Reserve Bank of India (RBI) is to add support for NFC payments to the country’s UPI Lite digital wallet, enabling users to conduct transactions on their smartphone even when there is no internet or mobile connection... More
QR code payments to top 90bn in SE Asia by 2028
The total number of QR code payments made in SE Asia will reach 90bn by 2028, up from a total QR code transaction volume in the region of 13bn in 2023, according to a forecast by Juniper Research... More
Contactless payments key to driving public transport use Visa survey reveals
More than nine in ten public transport users worldwide expect to be able to make contactless fare payments when travelling on public transport (94%) and more than four in ten identify the ability to make contactless fare payments as a key factor in encouraging their use of public transportation (41%), according to Visa’s 2023 Future of Urban Mobility survey... More
EMVCo issues security requirements for multi-factor authentication solutions
EMVCo has released security requirements for multi-factor authentication (MFA) solutions used in payments to support the development of MFA solutions capable of preventing or detecting attacks that can compromise card and ecommerce payments authentication. More
Genoa rolls out multimodal MaaS app that supports fare-capped hands-free Bluetooth ticketing
Passengers using bus, rail and other public transport services in the Italian city of Genoa can now pay for their journeys from their smartphone without having to take their device out of their pocket or bag... More
Seoul Metro to pilot ‘tagless’ Bluetooth fare payments at four subway stations
South Korea’s Seoul Metro is to test a ‘tagless’ fare payment system that will enable passengers to pay for their tickets by walking through a ticketing gate without having to tap a contactless reader with their transit card or smartphone... More
Russia adopts law enabling start of real-world test of digital ruble
Russia could start testing the use of the digital ruble in real-world transactions as early as this month following the adoption of a law that ratifies the issuance and use of the central bank digital currency (CBDC) using a platform operated by the Central Bank of Russia... More
Chinese mobile payment giants add support for credit cards issued overseas
Visitors to China can now link their international credit cards, including cards issued by Visa, Mastercard, JCB and Discover, to an Alipay or WeChat Pay digital wallet and use them to make payments for goods and services at merchants across the country... More
New York’s Omny system tops 1bn taps for contactless fare payments
Passengers on New York’s subway and bus services have now tapped their contactless bank or transit card, smartphone or wearable device to pay fares using the Omny open loop fare payment system more than 1bn times since it launched in May 2019, the Metropolitan Transportation Authority (MTA) reports... More
LA Metro adds support for fare capping to TAP contactless ticketing system
LA Metro in the US city of Los Angeles has added support for fare capping to its TAP transit ticketing system so passengers making contactless fare payments with their physical TAP transit card or mobile app pay no more than the price of a daily or weekly pass no matter how many journeys they make on any given day or in any seven-day period... More
Apple Pay goes live in Morocco
Apple Pay has launched in Morocco with support for debit and credit cards issued by Crédit Immobilier et Hôtelier (CIH) and Groupe Crédit Agricole du Maroc banks... More
One in four central banks are now piloting a retail CBDC
One in four central banks are now piloting a retail central bank digital currency (CBDC) that consumers would be able to use to make payments, a survey of central banks around the world conducted by the Bank for International Settlements (BIS) has found... More
Apple goes live in the UK with Tap to Pay on iPhone
Merchants in the UK can now use their Apple iPhone to accept contactless payments, with no additional hardware required, Apple has announced... More
China to add support for digital yuan payments to social security cards
Chinese banks have joined a government initiative to add support for payments made using China’s central bank digital currency (CBDC) to physical state-issued social security cards, according to local media reports... More
Chinese city begins accepting central bank digital currency for fare payments on all buses
Public transportation users in the Chinese city of Jinan can now use the country’s central bank digital currency (CBDC) to pay their fares on any of the area’s buses... More
Lisbon Metro turns on open loop contactless ticketing
Public transportation users in the Portuguese capital of Lisbon can now pay for the journeys they make on the city’s metro system with a standard contactless bank card, NFC mobile phone or smartwatch. ... More
NFC Forum unveils technology roadmap
The NFC Forum has officially announced its technology roadmap for the next five years, including the addition of support for multiple purpose tags, an increase in range for NFC transactions, a modernisation of device-to-device communication, expanded data sharing options and increased power for wireless charging. More
Qingdao Metro launches China’s first offline CBDC transit ticketing pilot
Passengers using Qingdao Metro’s line 4 can now use their NFC mobile phone to pay directly for their fares with China’s digital yuan central bank digital currency (CBDC), even if their mobile phone has no signal or has run out of battery... More
One in four self-checkout systems are now installed in non-food stores
More than a quarter of the 193,000 self-checkout systems shipped to merchants around the world in 2022 were installed in non-grocery stores “as the technology penetrates new segments”, research firm RBR has found. ... More