A solution that uses NFC shelf-edge labels to let passengers self-checkout and pay for their shopping using their mobile phone is undergoing pilot testing at Munich Airport... More
Jameson Irish Whiskey’s annual St Patrick’s Day limited-edition bottles this year include NFC tags that customers can tap to design their own custom label and enter a competition to win a personalised limited-edition bottle... More
Italy’s national postal service provider has added QR code-based payments to its mobile payments app, to support the country’s transition from cash to digital payments... More
Indonesia imposes standard QR code, fixed fees for e-wallets — Tech in Asia — “Indonesia’s central bank, Bank Indonesia (BI), officially imposed the QR code standardization called QRIS (Indonesian Standard QR Code) on January 1. This means that all mobile payment providers must replace their QR code with QRIS for easier transactions.”
A survey of more than 150,000 Chinese digital payment users has found that two-thirds have come across deceptive QR codes and 40.8% have had their codes surreptitiously forwarded to other people in the past year... More
Mutual Trust Bank has announced it is to be the first bank in Bangladesh to go live with Bangla QR, an interoperable QR payments system backed by the country’s central bank... More
WeChat Pay operator Tencent is working with China UnionPay on the adoption of a common QR code that will allow merchants to use the same code to accept payments from both companies’ mobile payment services, Caixin Global reports... More
The Central Bank of The Bahamas has begun pilot testing a digital version of the Bahamian dollar that uses QR codes to let users make payments and transfer funds using their smartphones... More
QR code scams rise in China, putting e-payment security in spotlight — South China Morning Post — “By replacing legitimate merchants’ codes with malevolent copies, fraudsters can gain access to consumers’ data and even raid their bank accounts… According to one senior official and technology expert, almost a quarter of Trojans — malicious programs disguised as benign software – and other viruses are transmitted though QR codes.”
WeChat Pay now lets you Quick Pay with your credit card — SoyaCincau — “If you don’t have sufficient eWallet balance, you can now pay directly via your assigned credit card… To make a payment at a store, tap on ‘Me’ in the WeChat app and select WeChat Pay > Quick Pay. On the QR code screen, just tap on ‘Balance’ to change your payment mode from your eWallet balance to your credit card… When the merchant scans your code, the transaction amount will be charged to your credit card and it won’t deduct your eWallet balance.”
MUFG digital currency finds second life as mobile payment — Nikkei Asian Review — “Users will convert funds from their bank accounts or elsewhere into the digital currency using a smartphone app. The service will use this currency in transactions, which will be handled through QR codes. Money sent via the app can be moved back into an account as cash, allowing for transfers between individuals.”
Hang Seng launches mobile cash withdrawal service — Hang Seng Bank — “Customers in Hong Kong can initiate cash withdrawal instructions on their mobile phones by using the Hang Seng Personal Banking mobile app and then collect their cash at the nearby Hang Seng ATM… At launch, all Hang Seng ATMs will support QR code cash withdrawals and over half will support both QR code and NFC cash withdrawals. NFC connectivity will be extended to all ATMs in the first half of 2020.”
Govt to launch universal QR code to make Ghana cashless society — GhanaWeb — “The government will in December 2019 launch a Universal QR code in a bid to make Ghana a cashless society, vice president Dr Mahammudu Bawumia has announced. He says with the code which leverages existing technologies, traders and businesses will be able to receive payments without a point of sale device.”
PayPal is to begin a major new push into in-store payments next year, under both the PayPal and Venmo brands and using both NFC and QR codes, CEO Dan Schulman has told Axios... More
Visa has made “a financial injection” in Lisnr, a US startup that is using ultrasonic data transmission as an alternative to NFC and QR codes for mobile payments... More
The Salvation Army is adding NFC chips to all 25,000 of its iconic Red Kettles for its Christmas 2019 fundraising campaign, enabling shoppers to simply tap their Apple or Android NFC phone to make a donation to the charity... More
Uber users in Delhi can now use the app to plan journeys on the Delhi Metro and on local bus services — and will soon be able to purchase train tickets from within the Uber app as well... More
Mexico’s Cobro Digital national mobile payments platform — known as CoDi — is now live across the country, enabling consumers to make NFC and QR payments via their mobile banking app and letting merchants receive funds instantly with no commission charges to pay... More
Japan’s Ministry of Economy, Trade and Industry (METI) has launched a major initiative designed to persuade consumers to move away from paying in cash, by providing a rebate whenever they use a card or mobile phone to make a purchase at any of 500,000 merchants across the country... More
While health applications continue to be the main consumer adoption driver for wrist-worn wearables, support for mobile payments “is also starting to become a mainstay,” according to new research from IDC... More
