7-Eleven lets drivers pay at the pump with their voice
7-Eleven is running a pilot of a new mobile payments service that includes an option for iPhone owners to use Siri to pay for their fuel from their vehicle using only their voice... More
Digital payments
Visa reports on tokenization adoption
Visa has announced that it has now issued more than 1bn tokens through its Visa Token Service (VTS) and there are now more than 8,200 issuers using the service in 150 markets around the world... More
EMVCo rebrands Secure Remote Commerce as Click to Pay
Consumer-facing solutions and programmes based on EMVCo’s Secure Remote Commerce (SRC) specifications are now to be known as Click to Pay, the standards body has announced... More
Taiwan to issue stimulus credits to contactless cards and mobile phones
Taiwan is to introduce a Triple Stimulus voucher programme that will enable residents to buy NT$3,000 (US$100) worth of shopping vouchers for NT$1,000 (US$33.34) — or receive an equivalent cashback credit to their card or mobile wallet... More
Google pilots voice-based payments
Google is piloting a new service that lets Google Assistant users confirm payment for a purchase with just their voice... More
Metrolinx to let iPhone users top up Presto transit cards via NFC
Apple iPhone users in Toronto, Ottawa and Hamilton will soon be able to use their Presto app to top up their transit card via NFC... More
Financial Conduct Authority to add new protections for consumers’ funds
The UK’s Financial Conduct Authority (FCA) is to tighten up its regulations “to ensure payments firms are adequately protecting customer funds” amid concerns that the impact of Covid-19 will affect their financial viability... More
Interac reports surge in digital payments adoption
Since mid-March, first-time users of Interac’s e-Transfer service have increased by 43% and the average number of transactions has increased by 9% compared to the same time last year, the Canadian domestic debit card network provider has revealed... More
Swedish government regulates online payment options
A new amendment to the Swedish Payment Services Act means that online merchants must now present non-credit options ahead of any options that involve the consumer taking out credit... More
Garmin lets Japanese commuters add Suica transit cards to smart wearables
Garmin smartwatch owners in Japan can now add their Suica transit card to their wearable device and use it to pay for public transportation and at stores that accept Suica payments... More
PayPal rolls out QR payments to 28 countries around the world
PayPal users in 28 countries across the world are now able to use their PayPal app to make QR code-based mobile payments in stores — and standard seller transaction fees are being waived “for a limited time” for merchants using the new functionality... More
ABI: An extra 110m contactless cards will now be issued in 2020
An additional 110m contactless payment cards will be issued in 2020 compared with pre-Covid-19 forecast expectations, ABI Research predicts, bringing the total in circulation to more than 2bn... More
BharatPe adds voice alerts to merchant app to combat spread of Covid-19
BharatPe launches two new features in its app to curb need to touch handsets for checking transactions — Economic Times — “With Paisa Bolega — voice alerts of transactions — shopkeepers will be able to hear aloud instant confirmation of all payments received through their BharatPe QR, without touching the phone… This does away [with] the need for the merchant to check his phone repeatedly to see if money has come in.”
Visa reports on impact of Covid-19 on contactless payment adoption
“While the full impact of Covid-19 on tap to pay adoption across the world is yet to be fully seen, early indications highlight a shift in consumer spend toward every day, essential segments where contactless usage is high, such as grocery and pharmacy,” Visa says... More
Safaricom partners with Visa for M-Pesa digital payments
Safaricom and Visa join forces in seeking to expand access to digital payments for M-Pesa consumers and merchants — Safaricom — “The partnership will cover over 24 million M-Pesa customers, more than 173,000 Lipa Na M-Pesa merchants from Safaricom and more than 61m merchant locations throughout Visa’s global network, and over 3.4bn Visa cards in more than 200 countries and territories, subject to regulatory approval.”
LG pilots face-based digital currency payments in unmanned convenience store
LG CNS is piloting a new payments solution that combines face recognition, a blockchain-based digital currency and AI technology to let shoppers enter an unmanned store, shop and check out — without needing to come into close contact with either employees or POS equipment... More
China’s central bank confirms plans for digital currency pilots
Internal closed pilot tests of the central bank digital currency (CBDC) developed by the People’s Bank of China (PBoC) are to be conducted in Shenzhen, Suzhou, Xiong’an New District, Chengdu, and at Beijing 2022 Winter Olympics locations, China’s central bank has revealed... More
Merchants in four European countries to pilot dongle-free contactless payments on Android NFC phones
Merchants in the UK, Germany, Bulgaria and Romania are to participate in the pilot of a new mobile POS (mPOS) service that enables contactless payments to be accepted on Android mobile devices “without the need for any additional hardware”... More
Alipay sets out plan for open financial services platform
Chinese mobile payments giant Alipay has announced a three-year plan to evolve its current offering into an open financial services and digital lifestyle platform — and has set a target of attracting 40m service providers by 2030... More
Sweden begins central bank digital currency pilot
Sweden’s central bank The Riksbank has begun testing a digital currency designed to enable consumers to store an electronic version of the Swedish krona in a digital wallet and make payments, deposits and withdrawals using a mobile app... More
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