EMVCo has issued a new specification bulletin that adds support for elliptic curve cryptography (ECC) to its EMV contact chip specifications to enable “robust EMV contact chip security long term as payment technologies evolve”... More
Payments
Patent-holding company sues Apple over NFC technologies
Ireland-based patent-holding company Aire Technology has filed a lawsuit against Apple over alleged infringement of patents relating to NFC and digital wallet technologies with the US District Court for the Western District of Texas... More
Metrolinx adds support for debit card payments to contactless ticketing pilot in Toronto
Passengers travelling on Metrolinx’s Union Pearson (UP) Express airport rail link in the Canadian city of Toronto can now opt to pay their fares with their contactless debit card as part of the transport agency’s trial of its Presto open payment ticketing system... More
Credit Libanais to trial biometric payment cards
Lebanese bank Credit Libanais is to pilot a biometric payment card that will enable customers to authorise contactless payments with their thumb... More
Bio-compatible NFC implant lets consumers make contactless payments with their hand
Consumers in the European Union and the UK can now make contactless payments using an NFC implant in their hand that is compliant with ISO 10993 biocompatibility standards... More
Three in four UK consumers want to set their own contactless spending limit
Nearly three-quarters of UK consumers (73.1%) want the option to set their own contactless spending limit rather than it being set automatically when the country increases that limit to £100 (US$136) in October, according to a survey by KIS Finance... More
EU to file antitrust charge against Apple over NFC chip access
The European Commission is preparing to file an antitrust charge against Apple over the company’s limitation of access to its NFC chip technology, “people familiar with the matter” have told Reuters... More
Apple Pay to go live in Chile?
Apple Pay is preparing to roll out in Chile, the payment service’s Chilean support page reveals. Apple Pay published the page in Spanish last week, instructing users how to make payments in stores, within apps and on websites More
JKB to issue biometric payment cards in Jordan
Customers of the Jordan Kuwait Bank (JKB) will soon be able to make contactless payments with a biometric bank card that enables them to authenticate transactions with their fingerprint... More
Market Pay acquires Dejamobile
PARTNER NEWS: Dejamobile has been acquired by Market Pay, the France-based international payments platform founded by supermarket giant Carrefour... More
Oyster card users get weekly fare capping on London’s Tube and rail network
Transport for London (TfL) is rolling out automatic weekly fare capping on the UK capital’s Tube and rail network, ensuring that passengers using its Oyster transit card on a pay-as-you-go basis are charged “the best possible fares for all their journeys made between Monday and Sunday”... More
Google lets US drivers use Assistant to pay for fuel with their voice
Drivers refuelling at more than 32,500 fuel stations across the US will soon be able to make hands-free payments at the pump by issuing a voice command to Google Assistant... More
Lloyds to let customers set own contactless transaction limit
Customers of Lloyds Bank, Halifax and Bank of Scotland will be able to set their own contactless spending limit when the UK increases its national transaction limit to £100 (US$137) on 15 October... More
Monzo lets customers link virtual debit cards to funds ring fenced for specific types of expenditure
Customers of UK neobank Monzo can now create virtual debit cards for specific kinds of expenditure that are linked directly to funds they have set aside for that purpose rather than to their main bank account... More
CBA: 80% of digital wallet payments in Australia made from Apple devices
Eight in ten (80%) in-person contactless payments made from digital wallets using Commonwealth Bank of Australia (CBA) debit and credit cards are made by tapping an Apple device, the bank has told a government inquiry into mobile payments and digital financial services... More
Dallas adds bank card and digital wallet payments to contactless transit ticketing system
Passengers using buses, trains and streetcars operated by Dallas Area Rapid Transit (DART) in the Dallas-Fort Worth area of the US state of Texas can now make contactless fare payments with their debit or credit card or from a digital wallet on their NFC-enabled mobile device... More
Two in three consumers worldwide say Covid-19 has permanently changed the way they pay
Just over two-thirds of consumers globally (67%) now expect bricks-and-mortar retail stores to accept contactless payments and just under half (44%) wouldn’t shop at a store that only offers payment methods that require contact with a cashier or shared device, a survey of merchants and consumers in nine countries around the world has found... More
Google Pay to go live in Israel this year?
Google Pay is preparing to launch in Israel by the end of 2021, following a deal reached by Israeli credit card company Isracard with Google to support payments made with its card via the mobile wallet, local media outlets report... More
Nearly two-thirds of UK consumers would now prefer to make card payments from a mobile wallet
Nearly two in three consumers in the UK (62%) would now prefer to use their payment card through a mobile wallet compared with 31% last year, according to a survey commissioned by Samsung Pay... More
More than three quarters of cashless transactions in Germany, Austria and Switzerland are now contactless
More than three in four cashless payments made in Germany (77%), Austria (80%) and Switzerland (82%) are now contactless — a rise of more than 35 percentage points from an average of 40% across the three countries in June 2019, according to figures published by Nordic payments processor Nets... More