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
Contactless mobile payment (CMP)
Contactless mobile payment users to top 1bn globally by 2024
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
RCH leverages Dejamobile’s SoftPOS technology to add contactless payments capabilities to merchants’ cash registers
PARTNER NEWS: Italian cash register provider RCH has partnered with digital payments technology provider Dejamobile and international payments platform Market Pay to provide its customers with the ability to accept contactless payments on Android NFC devices... More
More Nordic consumers now prefer to make mobile payments than use cash for face-to-face transactions
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 MTA adds support for discounted tickets to Omny payments platform
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
JCB to pilot central bank digital currency payments on contactless cards
Japan-based payments network JCB is to run an in-store central bank digital currency (CBDC) pilot that uses existing contactless payment cards, point of sale (POS) hardware and softPOS payment acceptance technology installed on mobile devices... More
New Zealand sets out plans for national open loop contactless transit payments system
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
Queensland rolls out open loop contactless ticketing to three additional rail lines
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
Danske Bank lets Danish consumers add domestic payment cards to Apple Pay
Customers of Danske Bank in Denmark can now add their Dankort debit card to Apple Pay and use it to make mobile payments using the country’s Dankort domestic payment system... More
Apple Pay begins to roll out in Kuwait
Apple Pay has gone live in a number of shopping malls in Kuwait prior to a full rollout in the country “soon”, according to media reports... More
National Australia Bank lets merchants accept contactless payments on Android NFC smartphones
Merchants in Australia can now accept contactless payments directly on their Android NFC smartphone or tablet using National Australia Bank’s Easy Tap software point of sale (sPOS) solution... More
People’s Bank of China reports on digital yuan uptake
The digital yuan has been used to make 360m transactions worth a total of more than 100bn yuan (US$14bn) since China began piloting the central bank digital currency (CBDC) in December 2019, up from total cumulative transaction values worth 87.6bn yuan (US$12bn) at the end of 2021, according to the People’s Bank of China (PBOC)... More
Samsung Wallet to expand to 13 more countries
Samsung Wallet is to roll out in Bahrain, Denmark, Finland, Kazakhstan, Kuwait, Norway, Oman, Qatar, South Africa, Sweden, Switzerland and the United Arab Emirates, enabling users to store their digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More
UK updates Highway Code to allow drivers to make mobile payments from their vehicle
The UK government has published an updated version of The Highway Code governing the use of public roads that incorporates a clause permitting drivers to make a contactless payment at a contactless payment terminal from their vehicle using their mobile device... More
Curve partners with Fidesmo to roll out contactless wearable payments across Europe
Curve digital wallet users across Europe can now add multiple payment cards to a range of wearable NFC devices including rings, bracelets, watches and pens and use them to make contactless payments via the Fidesmo Pay wearable payments platform... More
One in four card payments in Australia are now made using a mobile wallet
A quarter of all debit and credit card transactions made in Australia are now made using a mobile wallet (25%), up from 10% in the March quarter of 2020, according to figures from the Reserve Bank of Australia (RBA). ... More
Juniper forecasts 121bn virtual card transactions by 2027
The integration of virtual cards into digital wallet services like Apple Pay and Google Pay will drive a 340% increase in virtual card transactions, from 28bn in 2022 to 121bn by 2027, Juniper Research predicts... More
Visa reports rapid growth in contactless fare payments worldwide
Visa has processed more than 1bn contactless fare payments on transit systems around the world over a period of 10 months, signalling “rapid growth” in the uptake of digital payment options, the card network reports... More
Nearly half of UK consumers now make mobile payments every week
More than four in ten UK consumers now make in-person and ecommerce purchases from their mobile device on a weekly basis (43%), making mobile payments “the predominant form of payment” in the country with mobile commerce transaction values predicted to reach £100m (US$112m) by 2024, according to research published by payment services provider Rapyd... More
Global digital ticketing transaction values to hit US$1.4tn in 2027
Digital ticketing transaction values worldwide will exceed pre-pandemic levels next year and reach US$1.7tn in 2027, up from US$768bn in 2022, according to a forecast from Juniper Research... More