What's New in Payments

Amazon to test palm payments at the point-of-sale

Cash, plastic or hand? Amazon envisions paying with a wave — The Wall Street Journal — “The tech giant is creating checkout terminals that could be placed in bricks-and-mortar stores and allow shoppers to link their card information to their hands, according to people familiar with the matter. They could then pay for purchases with their palms, without having to pull out a card or phone.”


What's New in Payments

Malaysian government offers cash incentives to mobile payments users

Overwhelming response on first day of RM30 e-Tunai initiative — The Star — “The claims for the e-Tunai Rakyat initiative kicked off today with Touch ‘n Go eWallet, Boost and GrabPay selected to be the service providers for the project… Malaysians aged 18 and above and who earn less than RM100,000 (US$24,533) annually will be eligible to receive RM30 (US$7.36) each through any of the participating e-wallets.”







What's New in Payments

NXP reports on biometric payment cards

Covershot: What's next for payment cards

Biometric cards equipped with built-in fingerprint sensors have the potential to make payments both safer and easier, but the technology is still new and there are critical elements that need to be put in place to ensure widespread adoption, NXP explains in a white paper now available to download from the NFCW Knowledge Centre... More






What's New in Payments

EBA Clearing publishes pan-European request to pay specs

EBA Clearing delivers specifications for a pan-European request to pay infrastructure solution — EBA Clearing — “A pan-European request to pay approach is seen as the missing piece of the puzzle for market players to create innovative payment products and services for their customers that leverage real-time messaging, the SEPA schemes and existing cost-efficient payment infrastructures, and that can be used across Europe.”


What's New in Payments

Sweden’s central bank to test digital currency

Riksbank develops an e-krona in a test environment — Riksbank — “During the first year of the e-krona pilot project, a technical platform will be developed with a user interface that enables, for instance, payment with the e-krona from a mobile phone, a card and a watch. The platform will also contain simulations of payment service providers, retail outlets and other parts of the Swedish payment system.”


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