The European Council has endorsed plans to introduce a fully integrated retail payment system that will enable instant cross-border payments and financial transfers throughout the European Union... More
Payments
Global OEM Pay transactions to exceed US$1tn in 2022
The total value of contactless transactions made using payment services provided by smartphone and other original equipment manufacturers (OEMs) will reach more than US$1tn in 2022, a rise of 377% on 2019, Kaleido Intelligence predicts... More
OCBC Bank adds facial recognition at ATMs in Singapore
Customers of OCBC Bank in Singapore can now make account balance enquiries at eight of the bank’s ATMs by verifying their identity using facial recognition technology... More
Alpha Bank upgrades NFC mobile wallet with latest tokenization innovations
PARTNER NEWS: Greece’s Alpha Bank has launched a new version of its myAlpha NFC payments wallet that makes use of Antelop Solutions’ NFC white label SDK to add support for the latest Visa VTS and Mastercard MDES tokenization innovations... More
Jamaica to launch central bank digital currency in 2022
Jamaica is to pilot a central bank digital currency (CBDC) over the course of this year and begin rolling it out in 2022, the country’s minister of finance Nigel Clarke has revealed during a budget speech... More
Metrolinx begins contactless fare payment pilot in Toronto
Passengers travelling on Metrolinx’s Union Pearson (UP) Express airport rail link are the first in the Canadian city of Toronto to trial an open payment system that enables them to pay their fares with a contactless credit card or mobile wallet, without needing to buy a Presto transit card or e-ticket... More
Google Pay to let users in India share their transaction data for personalised offers and rewards
Google Pay users in India will soon be able to choose whether they want to share their transaction history and other activity data with the company in order to receive more personalised offers and rewards... More
Axis Bank teams with Thales and Tappy to roll out contactless payments wearables
PARTNER NEWS: India’s Axis Bank has launched a range of wearable contactless payment devices using technology provided by Thales and Tappy Technologies... More
Feig selects Cilab for EMVCo 3.1a compliance testing
PARTNER NEWS: Payment terminal supplier Feig Electronic has selected Cilab’s ci230 high-speed testing solution to help it meet the demands of the latest EMVCo 3.1a specification... More
Russian supermarkets let customers make contactless payments ‘with a glance’
Customers at more than 50 branches of Russian food retail group X5’s Perekrestok supermarkets can now pay for their purchases at self-checkout devices “with a glance” using a biometric payments solution that uses 3D face recognition technology... More
Piraeus Bank adds NFC payments to its mobile banking app
PARTNER NEWS: Piraeus Bank has launched an NFC mobile payments service that uses Antelop Solutions’ digital card and tokenization platform to let customers digitize their Mastercard or Visa cards and make payments from directly within their mobile banking app... More
OTP Bank lets Romanian merchants turn their NFC phone into a contactless POS terminal
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
Paytm lets Indian merchants accept contactless payments on NFC phones
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
Crédit Agricole du Languedoc pilots Dejamobile software POS solution
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
Amazon opens its first cashierless store outside US in London
Amazon has opened its first cashierless grocery store outside the US on London’s Ealing Broadway, enabling consumers to access the store and pay for their purchases by downloading a QR code to their mobile device and scanning it at the shop entrance... More
Moscow Metro to pilot face biometrics for transit ticketing payments
Moscow Metro is to test a contactless ticketing system that enables passengers to pay their fares using facial recognition payment technology to verify their identity... More
UK to more than double contactless spending limit to £100
The UK is to increase the limit for contactless transactions from £45 (US$63) to £100 (US$140), the UK Treasury has announced... More
Fidesmo Pay expands to Switzerland
EXHIBITOR NEWS: Fidesmo is launching its Fidesmo Pay wearable payments service in Switzerland, enabling customers of Swiss bank Cembra to upload their bank cards to NFC-enabled wearables and use them to make contactless payments... More
National QR payments and rewards system to be launched in Australia
Australia’s Eftpos national debit card system is to launch a QR code-enabled mobile payments and rewards network that will enable “seamless payment experiences across ecommerce, mobile and point of sale”... More
Apple Pay goes live in Mexico
Apple Pay has rolled out in Mexico, with support for American Express and for Mastercards issued by the country’s Banorte and Citibanamex banks... More