Apple may soon enable merchants to accept contactless payments on their iPhone without needing to connect their device to a separate payment terminal or other additional hardware, according to reports... More
Annual shipments of NFC-ready POS terminals reached 67.2m units globally in 2020, bringing the total number to 140.5m or 68% of all POS terminals worldwide, according to Berg Insight... More
Contactless payments will account for more than half (57%) of the total global value of transactions made at the point of sale (POS) by 2026, compared with just under 25% in 2021, Juniper Research predicts... More
Merchants in Romania can now accept contactless payments on their Android NFC smartphone or tablet using a software point of sale (sPOS) solution launched by OTP Bank... More
Merchants in India can now use a standard Android NFC smartphone to accept contactless payments using a software point of sale (sPOS) solution being rolled out by mobile payments giant Paytm... More
PARTNER NEWS: French bank Crédit Agricole du Languedoc is trialling a payments acceptance solution that uses Dejamobile’s ReadyToTap Payment for Merchants technology to enable merchants to accept contactless transactions on a standard Android NFC smartphone... More
Merchants in India can now use a standard NFC mobile phone to accept contactless RuPay domestic card payments valued at up to 5,000 rupees (US$68)... More
KNOWLEDGE CENTRE: A new generation of software-only solutions that let merchants accept contactless payments on standard NFC smartphones and tablets will “transform digital payment acceptance and consumers’ checkout experiences in stores,” Dejamobile explains in a new white paper now available to download from the NFCW Knowledge Centre... More
Owners of small and medium-sized businesses (SMEs) in the UAE can now accept contactless payments on standard Android NFC smartphones, with no need for additional hardware... More
More than half of consumers in the Asia Pacific region would make contactless tap-to-phone NFC payments directly to a merchant’s mobile phone at the checkout “despite solutions not yet being widely available in the region”, according to research released by Visa. More
Spanish banking group BBVA is to pilot a service which will enable merchants to accept contactless payments on their Android smartphones without the need of additional hardware... More
Shipments of NFC-ready POS terminals reached 47.8m units globally in 2019, bringing the total to 100.4m worldwide, according to Berg Insight... More
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
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
mPOS transaction values to exceed $1.9tn by 2024 — Juniper Research — “Juniper Research forecasts that mPOS (Mobile Points of Sale) transaction values will exceed US$1.9tn by 2024, up from $850bn in 2019. This growth will be driven by service adoption from new business users, including pop-up stores and street vendors, for whom the acceptance of card payments was previously inaccessible.”
Mastercard to launch solution for smartphones to become contactless acceptance devices — The Hindu BusinessLine — “If your phone has NFC, then it can become a point-of-sale (POS) device. A customer can tap the contactless card on the phone,” said Vikas Saraogi, vice president of acceptance development at Mastercard, adding that it is likely to be launched in India in the first half of next year.”
Samsung’s NFC phone-based contactless payments acceptance service is now live in Canada and is to be introduced globally “starting in 2020”, the company has announced... More
Russia’s PSB bank has begun the country’s first pilot of dongle-free contactless payments acceptance on standard Android NFC devices. The new SoftPOS service “allows you to turn any NFC phone running Android 7.0 (and above) into a fully fledged POS terminal,” the bank says. More
Banco Proamerica de Costa Rica has become the first bank in Latin America to let merchants accept contactless payments directly on an Android NFC smartphone, without the need for a separate card acceptance dongle... More
PARTNER NEWS: Cilab’s ci230 high speed tester takes a whole new approach to NFC testing that makes it faster and easier to conduct pre-certification testing, makes the certification process quicker and cheaper, lets customers get a fast return on investment — and a competitive advantage from speeding up time to market... More
