Apple Pay will be available as a payment option for US Federal Government services from September, CEO Tim Cook has revealed during a White House Summit on cybersecurity and personal privacy... More
Credit
UK to increase contactless transaction limit by 50%
The spending limit for contactless transactions is to be increased from £20 (US$30) to £30 (US$46) in September 2015, The UK Cards Association has told NFC World. The move follows the news last week that contactless card usage surged in the UK in 2014 to 319.2m transactions with total spend more than trebling to a record £2.32bn. More
Dynamic mag stripe card Swyp goes on pre-order
Start-up Qvivr has begun taking pre-orders for Swyp, a US$49 dynamic magnetic stripe card that uses Bluetooth LE, incorporates buttons and a display and works in conjunction with a smartphone app to emulate up to 25 credit, debit, gift or loyalty cards... More
Wirecard to offer white label HCE wristband
The HCE wristband unveiled by technology provider Wirecard earlier this month is to be offered on a white label basis, Joern Leogrande, the company’s EVP of mobile services, has told NFC World+... More
