The European Payments Initiative (EPI) will launch its pan-European digital wallet for use on both iOS and Android devices under the commercial name of Wero, the initiative has revealed... More
Merchants in Brazil can now accept contactless payments on their iPhone with no other hardware required, Apple has announced... More
The National Payments Corporation of India (NPCI) has unveiled a suite of United Payments Interface (UPI) services that includes UPI Tap & Pay NFC-enabled QR codes, QR code-enabled ATM withdrawals, the addition of support for offline NFC payments to the UPI Lite X digital wallet, and Hello... More
The US Consumer Financial Protection Bureau has issued a report that highlights how Apple and Google’s role in enabling NFC contactless mobile payments impacts the US contactless payments market... More
Transaction volumes for contactless in-store mobile payments made using an Interac debit card stored on a consumer’s smartphone have increased by 53% between August 2022 and July 2023, the Canadian domestic debit card network provider has revealed... More
Google Wallet has launched in Colombia, enabling users to store and use their credit and debit cards, boarding passes, tickets and other digital credentials on their Android NFC smartphone, Wear OS smartwatch or Fitbit device... More
Toronto Transit Commission (TTC) in Canada has added support for open loop contactless fare payments, enabling passengers travelling on streetcars, buses and Wheel-Trans para-transit vehicles in the city to pay fares with a tap of their physical or digital credit or debit card... More
The central bank digital currency (CBDC) that Brazil’s central bank is to pilot for retail payments in stores is to be called Drex and will be “a step forward in democratizing access for individuals and entrepreneurs to the benefits of the digitalization of the economy”, the Banco Central do Brasil (BCB) has announced... More
Merchants in the Netherlands can now use their Apple iPhone to accept contactless payments without needing any additional hardware... More
The Reserve Bank of India (RBI) is to add support for NFC payments to the country’s UPI Lite digital wallet, enabling users to conduct transactions on their smartphone even when there is no internet or mobile connection... More
Moscow Metro is to pilot the use of Russia’s digital ruble for fare payments as part of the Central Bank of Russia’s real-world testing programme for the central bank digital currency (CBDC)... More
More than nine in ten public transport users worldwide expect to be able to make contactless fare payments when travelling on public transport (94%) and more than four in ten identify the ability to make contactless fare payments as a key factor in encouraging their use of public transportation (41%), according to Visa’s 2023 Future of Urban Mobility survey... More
Russia could start testing the use of the digital ruble in real-world transactions as early as this month following the adoption of a law that ratifies the issuance and use of the central bank digital currency (CBDC) using a platform operated by the Central Bank of Russia... More
Visitors to China can now link their international credit cards, including cards issued by Visa, Mastercard, JCB and Discover, to an Alipay or WeChat Pay digital wallet and use them to make payments for goods and services at merchants across the country... More
Passengers on New York’s subway and bus services have now tapped their contactless bank or transit card, smartphone or wearable device to pay fares using the Omny open loop fare payment system more than 1bn times since it launched in May 2019, the Metropolitan Transportation Authority (MTA) reports... More
LA Metro in the US city of Los Angeles has added support for fare capping to its TAP transit ticketing system so passengers making contactless fare payments with their physical TAP transit card or mobile app pay no more than the price of a daily or weekly pass no matter how many journeys they make on any given day or in any seven-day period... More
Apple Pay has launched in Morocco with support for debit and credit cards issued by Crédit Immobilier et Hôtelier (CIH) and Groupe Crédit Agricole du Maroc banks... More
Students with Galaxy smartphones at 68 colleges, universities and higher education institutions across the USA can now add a digital version of their student identity card to Samsung Wallet and use it to access campus buildings and to make contactless onsite purchases... More
One in four central banks are now piloting a retail central bank digital currency (CBDC) that consumers would be able to use to make payments, a survey of central banks around the world conducted by the Bank for International Settlements (BIS) has found... More
Merchants in the UK can now use their Apple iPhone to accept contactless payments, with no additional hardware required, Apple has announced... More
