Google has joined with secure element (SE) vendors to launch the Android Ready SE Alliance to accelerate the adoption of new use cases for Android devices including digital car keys and mobile IDs... More
Digital wallet
WSJ video shows China’s digital yuan in action in stores
The Wall Street Journal has posted a video report showing Chinese consumers in the city of Chengdu using the country’s central bank digital currency (CBDC) to make in-store NFC and QR code payments from a digital yuan wallet on their mobile phone... More
Alpha Bank upgrades NFC mobile wallet with latest tokenization innovations
PARTNER NEWS: Greece’s Alpha Bank has launched a new version of its myAlpha NFC payments wallet that makes use of Antelop Solutions’ NFC white label SDK to add support for the latest Visa VTS and Mastercard MDES tokenization innovations... More
Forecast: OEM Pays to drive more than 180% growth in global tokenization revenue by 2025
Total global revenue from tokenization provisioning and management for mobile payments will exceed US$53bn in 2025, an increase of more than 180% from US$18bn in 2020, according to a forecast by Juniper Research... More
Disney World to let Apple users access attractions with a digital pass
Visitors to the Walt Disney World Resort in Florida will soon have the option to generate a contactless digital pass that enables them to use their iPhone, Apple Watch or other smart device to gain entry to the theme park and access other resort features and services... More
Google Pay to let users in India share their transaction data for personalised offers and rewards
Google Pay users in India will soon be able to choose whether they want to share their transaction history and other activity data with the company in order to receive more personalised offers and rewards... More
Chinese banks issue digital yuan wallets to Shanghai customers
Some 8,500 consumers in the Chinese city of Shanghai have been given e-wallets containing digital yuan as part of the country’s ongoing pilot scheme for its central bank digital currency (CBDC)... More
Care home pilots biometric digital health passport
Staff at the Warren Manor care facility in Blackpool in the UK are piloting a digital passport that enables them to verify their Covid-19 vaccination, test or recovery status when they arrive at their workplace by scanning their finger... More
Mobile wallet transaction volumes overtake cash payments in stores
Contactless in-store payments made with a mobile wallet worldwide exceeded in-store cash payments for the first time during 2020, new research reveals... More
Huawei Pay goes live in Pakistan
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
Tencent and Ant to integrate digital yuan wallets into mobile banking apps
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
Stockholm rolls out contactless ticketing payments
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
Apple Pay goes live in Mexico
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
Clipper adds support for Apple Pay and Google Pay for transit fares in San Francisco Bay Area
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
Russian carriers seek digital ruble mobile wallet role
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
Mastercard and Island Pay launch CBDC-linked prepaid card in the Bahamas
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
Google lets users pay for parking and transit tickets through Google Maps
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
Postal Savings Bank of China trials biometric cards for digital currency payments
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
China’s central bank expands digital yuan pilot to Beijing
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
Central Bank of Iran to introduce NFC mobile payments
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