Indonesia imposes standard QR code, fixed fees for e-wallets — Tech in Asia — “Indonesia’s central bank, Bank Indonesia (BI), officially imposed the QR code standardization called QRIS (Indonesian Standard QR Code) on January 1. This means that all mobile payment providers must replace their QR code with QRIS for easier transactions.”
EMV
Visa to let merchants accept contactless payments on Android NFC phones
Visa has unveiled Tap to Phone, a new software-only solution that enables merchants to accept contactless payments on Android NFC mobile phones, without the need for any additional hardware... More
Invenco picks Cilab to speed up EMV development and testing
PARTNER NEWS: Cilab’s ci230 high-speed testing suite has made it possible for self-service payments leader Invenco to significantly improve the time it takes to develop, test and bring to market EMV-compliant NFC payment terminals for its customers, chief engineer Chris Henry has told NFC World... More
National QR mobile payments service to go live in Indonesia
Indonesia’s central bank says it has now completed the development of QRIS, an EMV-compliant national QR Code Indonesian Standard for mobile payments... More
Israel Railways pilots open loop contactless payments
Israel Railways starts plan to pay for rides using credit cards — The Jerusalem Post — “Israel Railways has launched a two-month contactless payment pilot programme, aiming to soon enable all rail users to ‘tap and go’ with their credit card rather than purchase a ticket or use a preloaded Rav-Kav smartcard… Pilot participants will initially be charged daily based on purchasing full price one-way tickets, although Israel Railways intends to introduce season tickets and discounts for senior citizens, students and other groups in the near future.”
US Payments Forum sets out best practices for growing contactless payments adoption
Customer and cashier education, experience and communication at the point of sale (POS) are all key factors that need to be addressed to boost contactless payments adoption in the US and overcome the currently fragmented experience, according to the US Payments Forum... More
EMVCo unveils Secure Remote Commerce icon
EMVCo has produced a new payment icon that can be used to signal to consumers that its EMV Secure Remote Commerce ‘virtual payment terminal’ specification is being used as a foundation to process card-based payment transactions in remote-checkout environments, including websites and apps... More
NatWest targets customer accessibility with new-design debit card
UK bank NatWest is introducing a debit card design for all its customers that is easier for cardholders with conditions such as visual impairment and dementia to recognise and use... More
Antelop unveils mobile-first digital banking and payments platform
PARTNER NEWS: Antelop Solutions has launched an integrated onboarding, authentication and mobile payments platform for Android and iOS devices that lets both traditional and challenger banks combine “best-in-class” end-to-end security with a user friendly, PSD2-compliant, mobile-first consumer experience... More
Visa reports on contactless payments adoption
Tap to pay is taking off — Visa — “Globally, adoption continues to see strong growth with nearly half of all face-to-face Visa transactions occurring with a tap outside the US. In the last year, nearly 50 countries have seen a 10 point or greater increase in tap-to-pay penetration of all domestic face-to-face transactions.”
MetroRio launches contactless transit ticketing payments in Brazil
Brazilian transit operator MetroRio, which runs the Rio de Janeiro Metro, has begun the rollout of contactless payments in partnership with Visa, Banco do Brasil, Bradesco and Cielo, becoming the first transit operator in the world to use the new Visa Secure Access Module (SAM) technology as part of the project... More
Apple to expand Express Transit payments to open loop cards?
iOS 12.3 to bring EMV Express Transit support to Apple Pay — Tap Down Under — “New strings discovered within the pass.json files of Apple Pay card files make mention of new ‘Transit Network Identifiers’ options, as well as new passUpgrades/open loop options.”
JCPenney pulls support for contactless payments
JCPenney explains why it dropped Apple Pay — Techcrunch — “A third-party credit card brand made the requirement for all merchants to actively support EMV contactless functionality effective April 13, retiring the legacy MSD contactless technology in place. Given the resources and lead time associated with meeting the new mandate, JCPenney chose to suspend all contactless payment options until a later date.”
Visa’s SAM makes metro turnstiles contactless
Visa and payments hardware specialist Planeta Informatica have come up with an easy way to add contactless payments at public transit turnstiles... More
Tappy launches token services platform that makes it easy for traditional watches to be turned into contactless payment devices
PARTNER NEWS: Tappy Technologies has launched a platform which enables traditional brands to turn their watches easily into secure, contactless payment devices... More
Visa reports 80% drop in card-present fraud at US chip-enabled merchants
Chip technology helped reduce counterfeit fraud by 80% — Visa — “Since the EMV shift, the adoption of chip technology has reduced card present (CP) counterfeit payment fraud by 80% at chip-enabled merchants… Over 3.1m merchant locations are now accepting chip cards… 98% of overall US payment volume in December was on EMV cards.”
Belgian transit operator to deploy open loop multimodal mobility-as-a-service platform
Flanders public transport operator De Lijn selects Conduent Transportation to deploy next-generation fare collection system — Conduent — “The first phase will enable the use of contactless public transport operator payment cards and bank cards based on the cEMV (contactless Europay, MasterCard and Visa), aggregated pay-as-you-go transit model 2… A future phase of the platform will support mobility-as-a-service with the integration of various mobility providers such as car sharing, bike hire and taxis.”
JCB begins EMV QR mobile payments rollout
JCB launches QR code payment in the Asian region — JCB — “Bank SinoPac in Taiwan and Sacombank in Vietnam became the first banks to offer the JCB QR Code Payment service. SinoPac will start the service full scale at merchants who used to accept only cash such as fish markets, flower markets and taxis in January 2019… Sacombank has just announced its new mobile banking app ‘Sacombank Pay’, for which their JCB cardmember can choose JCB Card as a source of funds.”
PNC Bank to offer dynamic CVV cards to commercial customers
PNC Bank is piloting dynamic CVV cards that use an e-ink screen on the reverse of the card to display a continuously updated three-digit CVV security code... More
Taiwan Cooperative Bank tests standardized EMVCo QR codes for payments
Taiwan Cooperative Bank completed Taiwan’s first standardized QR code payment in partnership with Visa — Visa — “By adopting the EMV QR Code Specification, as supported by Taiwan’s two large domestic payment switches, consumers can enjoy a fast, convenient and secure payment experience. The specifications are intended to be globally interoperable; and with the right mobile application local consumers as well as overseas travellers will be able to use the same QR code to make payments everywhere the specifications have been adopted.”