What's New in Payments

Chinese supermarket to launch face recognition payments in Canada

Pay with your face system coming to Canada, but not everyone is on board — Yahoo Finance — “Ryan Li, Foodymart’s executive manager, sees the technology as an opportunity to grow his company’s business by attracting new customers, as well as cutting down on checkout times. Li also said between 50% and 60% of Foodymart customers have lived in China, and he expects most of them have previously interacted with a facial recognition payment system.”



What's New in Payments

Mastercard to let Indian merchants accept payments on NFC phones

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.”



Transit Ticketing Today

Vancouver tests integrated public transportation, car and bike sharing transit card

Hand holding compass travel card

Employees of 14 Vancouver-based businesses have been issued with a new type of transit card that lets them use a single payment method for travel on public transport operator TransLink, for bike sharing with Mobi by Shaw Go and car sharing with Modo and Evo — and then “view expenses for each mode at the end of the month in one convenient location, through a streamlined expense report”... More





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