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Digital wallet

242 news stories about Digital wallet


What's New in Payments

Huawei Pay goes live in Pakistan

By Tom Phillips • 26 February 2021 • Updated 26 February 2021 • nfcw.com
Huawei Pay on NFC phone with National Bank of Pakistan virtual card

Customers of the National Bank of Pakistan (NBP) with a compatible smartphone can now add their UnionPay International (UPI) virtual card to a Huawei Pay digital wallet and use it to make NFC or QR code-enabled mobile payments... More


What's New in Payments

Tencent and Ant to integrate digital yuan wallets into mobile banking apps

By Tom Phillips • 25 February 2021 • Updated 25 February 2021 • nfcw.com
Peoples Bank of China logo

Tencent-backed WeBank and Ant-backed MyBank are conducting “preliminary work under the guidance of the People’s Bank of China (PBOC)” in order to integrate the digital yuan wallet into their payment and banking services, according to a China Securities report... More


Transit Ticketing Today

Stockholm rolls out contactless ticketing payments

By Tom Phillips • 25 February 2021 • Updated 25 February 2021 • nfcw.com
Contactless ticketing payment on Stockholm SL transit system

Passengers using public transport across the Swedish capital of Stockholm can now make tokenized contactless payments for single adult fares on metro, rail, bus, tram and boat services by tapping their debit or credit card or smartphone at a ticket reader... More


What's New in Payments

Apple Pay goes live in Mexico

By Tom Phillips • 24 February 2021 • Updated 25 February 2021 • nfcw.com
Apple Pay Mexico on smartphones

Apple Pay has rolled out in Mexico, with support for American Express and for Mastercards issued by the country’s Banorte and Citibanamex banks... More


Transit Ticketing Today

Clipper adds support for Apple Pay and Google Pay for transit fares in San Francisco Bay Area

By Tom Phillips • 23 February 2021 • Updated 23 February 2021 • nfcw.com
Clipper card on Apple iPhone for Apple Pay payment of transit fares

Passengers on public transportation services in the San Francisco Bay Area of the USA will soon be able to upload their Clipper transit card to their Apple Pay or Google Pay mobile wallet and pay for their fares with their smartphone or smart watch... More


What's New in Payments

Russian carriers seek digital ruble mobile wallet role

By Tom Phillips • 22 February 2021 • Updated 22 February 2021 • nfcw.com
Central Bank of Russia digital ruble graphic

Russian mobile network operators Beeline and MegaFon are looking to develop digital wallets for smartphones and other mobile devices that will support the central bank digital currency (CBDC) which is being developed by The Central Bank of Russia (CBR)... More


What's New in Payments

Mastercard and Island Pay launch CBDC-linked prepaid card in the Bahamas

By Tom Phillips • 18 February 2021 • Updated 18 February 2021 • nfcw.com
Mastercard and Island Pay CBDC Bahamas prepaid card

Citizens of the Bahamas can now pay for goods and services using a prepaid card that supports the country’s Sand Dollar central bank digital currency (CBDC)... More


Transit Ticketing Today

Google lets users pay for parking and transit tickets through Google Maps

By Tom Phillips • 18 February 2021 • Updated 18 February 2021 • nfcw.com
Screenshots showing Google Maps letting users pay for parking via Google Pay

Google Pay users can now pay for parking in more than 400 cities across the USA and for public transport fares with participating transit authorities globally from directly within Google Maps... More


What's New in Payments

Postal Savings Bank of China trials biometric cards for digital currency payments

By Tom Phillips • 17 February 2021 • Updated 17 February 2021 • nfcw.com
Postal Bank of China sign

Chinese consumers taking part in the large-scale testing of the country’s central bank digital currency (CBDC) in Beijing over the Chinese New Year period are trialling a biometric ‘hard wallet’ card developed by the Postal Savings Bank of China... More


What's New in Payments

China’s central bank expands digital yuan pilot to Beijing

By Tom Phillips • 10 February 2021 • Updated 25 February 2021 • nfcw.com
Digital yuan Beijing red envelope pilot on JD.com app

The People’s Bank of China has launched the first large-scale giveaway of the country’s central bank digital currency (CBDC) to be held in Beijing and has distributed 10m digital yuan (US$1.55m) to 50,000 participants in a ‘red envelope’ lottery... More


What's New in Payments

Central Bank of Iran to introduce NFC mobile payments

By Tom Phillips • 8 February 2021 • Updated 8 February 2021 • nfcw.com
Central Bank of Iran logo

The Central Bank of Iran (CBI) has announced plans to introduce NFC contactless payments in the country, enabling consumers to upload their bank card information to their mobile phone and use their device to make in-store purchases at the point of sale... More


What's New in Payments

Kroger to pilot self-checkout only grocery store in Dallas

By Tom Phillips • 3 February 2021 • Updated 3 February 2021 • nfcw.com
Kroger grocery shop front

US supermarket chain Kroger is to pilot its first all self-checkout grocery store in Dallas, Texas, enabling customers to scan and pay for their purchases without needing to go through a cashier-staffed checkout lane... More


What's New in Payments

Survey: Eight in ten central banks are now actively engaged in digital currency projects

By Tom Phillips • 1 February 2021 • Updated 1 February 2021 • nfcw.com
BIS global banking digital currency activity graph

More than four-fifths of the world’s central banks (86%) are engaged in “some form of work” on a central bank digital currency (CBDC), up from “about one third” in 2019, according to a Bank for International Settlements (BIS) survey... More


What's New in Payments

Chinese banks launch mobile wallets that let customers transact in digital yuan

By Tom Phillips • 27 January 2021 • Updated 27 January 2021 • nfcw.com
China's digital yuan on a smartphone

At least eight major banks, including Hong Kong-based China CITIC Bank, have now introduced or are in the process of introducing digital wallets that support China’s central bank digital currency (CBDC), according to local media reports... More


What's New in Payments

Mastercard unveils enhanced contactless payment specifications

By Tom Phillips • 26 January 2021 • Updated 26 January 2021 • nfcw.com
Wearable using Mastercard enhanced contactless specification

Mastercard has announced new specifications for contactless payments that will offer quantum-resistant security via “next-generation algorithms and cryptographic key strengths”, enhanced privacy at the checkout and “help ensure any device truly can be a payment device”... More


What's New in Payments

PBOC to launch third digital yuan trial in Shenzhen

By Tom Phillips • 25 January 2021 • Updated 25 January 2021 • nfcw.com
Peoples Bank of China logo

The People’s Bank of China (PBOC) is to follow its pilots of NFC-based contactless digital currency payments with the distribution of a further 20m digital yuan (US$3.1m) in a third ‘red envelope’ lottery to be held in the city of Shenzhen... More


What's New in Payments

Global digital wallet spending to top $10tn in 2025

By Tom Phillips • 25 January 2021 • Updated 25 January 2021 • nfcw.com
Juniper Research

The total value of digital wallet transactions globally will reach more than US$10tn in 2025, according to Juniper Research, “with over 34% of mobile handsets set to use contactless payments in 2025, up from 11% in 2020.”... More


NFC World

Vaccine credentials coalition to develop interoperable digital Covid-19 passport

By Tom Phillips • 18 January 2021 • Updated 4 February 2021 • nfcw.com
Vaccine credentials coalition digital smart health cards spec for Covid-19 passport

A coalition of technology and healthcare providers in the US has launched an initiative to develop a solution that will enable individuals to store and access their Covid-19 vaccination records in their digital wallet “in a secure, verifiable and privacy preserving way”... More


What's New in Payments

PBOC pilots contactless cards and wearables that let consumers make payments with China’s digital currency

By Tom Phillips • 8 January 2021 • Updated 8 January 2021 • nfcw.com
PBOC contactless card showing China's digital currency

The People’s Bank of China (PBOC) has expanded its central bank digital currency (CBDC) pilot to include a contactless ‘hard wallet’ and NFC wearables that enable consumers to make in-store and transit fare payments with their digital yuan... More


Transit Ticketing Today

Dubai adds Nol transit cards to Huawei NFC smartphones

By Tom Phillips • 8 January 2021 • Updated 8 January 2021 • nfcw.com
RTA Dubai No1 pay app on a Huawei NFC smartphone

Public transport users in Dubai can now use a Huawei NFC smartphone to pay for tickets on metro, tram, waterbus and other transit services operated by the Roads and Transport Authority (RTA) using a digital version of the Nol transit card... More


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Latest news

  • National QR payments and rewards system to be launched in Australia
  • Huawei Pay goes live in Pakistan
  • Tencent and Ant to integrate digital yuan wallets into mobile banking apps
  • Israel rolls out vaccine certification app
  • Stockholm rolls out contactless ticketing payments
  • European Payments Initiative issues call for technical partners
  • Apple Pay goes live in Mexico
  • SBI to let merchants accept contactless payments on standard Android NFC phones
  • Clipper adds support for Apple Pay and Google Pay for transit fares in San Francisco Bay Area
  • Russian carriers seek digital ruble mobile wallet role

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