Payments standards body EMVCo has added a specification for QR code payments in merchant-presented mode, following on from a spec for QR code payments in consumer-presented mode that it released in mid-July... More
Payments standards body EMVCo has published “EMVCo QR Code Specification for Payment Systems: Consumer-Presented Mode”, a technical specification that marks the organization’s first move into standardizing the use of QR codes for mobile payments... More
PARTNER NEWS: NXP is “excited about the expanding number of users of NFC applications” following the announcement made by Apple earlier this week that it is to add support for NFC tag reading to its iPhone 7, 7 Plus and Apple Watch devices... More
Mastercard, Visa and UnionPay International have introduced a standardised QR code platform for payments in Thailand that will let consumers make a transaction with their mobile device at any supporting location. The service has been designed to support the Bank of Thailand’s cashless agenda which aims to “drive innovation, interoperability and security in payments” across the country. More
Transport and mobile community define management framework for delivering mobile ticketing services — GlobalPlatform — “Designed in collaboration with the Smart Ticketing Alliance and the GSMA, the document brings the transport ticketing and mobile communities together to ensure interoperable mobile ticketing is brought to market efficiently and securely using an agreed framework.”
A blockchain-based digital identity network that will let Canadians verify their identity to organisations of their choice and access services such as new bank accounts, driving licenses or utilities using a mobile app is now undergoing testing ahead of a planned launch later this year. The service is backed by a group of Canadian banks that includes BMO, CIBC, Desjardins, RBC, Scotiabank and TD. More
PARTNER NEWS: Scottish commuters using public transport services operated by Lothian Buses will soon be able to pay for their journeys using a host card emulation (HCE) based mobile payment service powered by Nevis Technologies, the joint venture between Scotland’s largest regional transport group Strathclyde Partnership for Transport (SPT) and technology provider Rambus... More
Indian mobile wallet users could soon be able to transfer money directly to each other, regardless of the service they use, if the Reserve Bank of India (RBI) goes ahead with plans to open up the Unified Payment Interface (UPI) platform to mobile wallet providers... More
Over half a billion mobile money accounts have been registered in 92 countries, with 1.3bn transactions processed in December 2016 alone, research from GSMA reveals... More
PARTNER NEWS: A new embedded secure element and NFC solution from NXP will make it possible for mobile transactions to be conducted at the same speed as contactless card transactions... More
Indian mobile wallet providers have approached the National Payments Corporation of India (NPCI) to identify how to develop a common QR code for NPCI’s Unified Payment Interface (UPI) platform... More
A 14-page white paper that aims to educate public transport operators, mobile network operators and handset manufacturers on how to implement NFC technology across transportation systems, while ensuring consistent, reliable and efficient performance between devices and mobile ticketing systems, is now available to download from the NFC World Knowledge Centre. More
PARTNER NEWS: STMicroelectronics (ST) will use its July acquisition of NFC and RFID products, resources, technologies and intellectual property from AMS to create a new generation of high-performance NFC solutions for both mass-market and vertical-market applications, the company’s Sylvain Fidelis and Mark Dickson have told NFC World... More
A proposal from Hungary’s central bank Magyar Nemzeti Bank (MNB) for the launch of an instant payments service that will allow consumers to initiate a payment using only the mobile phone number of the recipient, with transactions completed “in a matter of seconds”, has been approved by the country’s Financial Stability Board... More
The NFC Forum has signed agreements with the Car Connectivity Consortium (CCC), the FIDO Alliance and the Smart Ticketing Alliance to collaborate on projects that will “advance the adoption and usability of NFC in key markets and technology sectors” including automotive, public transportation and digital identity... More
EMVCo has introduced a formal industry testing and certification process for contactless mobile payment devices... More
The Payments Association of South Africa (PASA) has unveiled a new standardised specification to facilitate biometric authentication on payment cards. More
The Reserve Bank of India (RBI) has released its framework for payment and settlement systems with a view to moving the country towards a “less-cash” society... More
The next Bluetooth release will be made available in “late 2016 to early 2017”, the Bluetooth Special Interest Group (SIG) has confirmed, following the unveiling of the Bluetooth 5 specification earlier this month... More
Commuters across Bengaluru in India will soon be able to pay for travel on buses operated by Bengaluru Metropolitan Transport Corporation (BMTC) with a tap of an open loop contactless card provided by Axis Bank... More
