The Bluetooth Low Energy (BLE) beacon market will more than double in 2016, remaining on track to break 400m shipments by 2021, ABI Research forecasts... More
Research
Europeans make 3bn Visa contactless payments in past 12 months
Some 3bn contactless transactions have been made across Europe using Visa cards in the past 12 months, nearly tripling the number made in the previous 12-month period, Visa Europe has revealed. More
Australian digital payments to reach nearly A$1.9bn by 2020
Digital payments across Australia, including those made with a mobile device at the point of sale, will be worth A$1.897bn (US$ 1.42bn) by 2020, Frost & Sullivan predicts... More
Contactless on the rise in the Netherlands
Some 15m contactless cards were in circulation in the Netherlands in 2015, equivalent to 45.5% of all payment cards, according to research from Timetric... More
A third of Europeans have made a mobile payment
Nearly a third of European consumers (32%) have now made an in-store mobile payment, research by Fujitsu shows, while 22% have adopted wearable technologies... More
UK contactless transactions hit 60 per second
More than 60 contactless transactions took place every second across the UK during the month of February, The UK Cards Association reveals... More
Gemalto named as leading mobile ticketing vendor
PARTNER NEWS: Digital security giant Gemalto has been awarded the “leading position among mobile ticketing vendors” by Juniper Research for the second consecutive year... More
A quarter of Brits have made an in-store mobile payment
Almost a quarter of UK adults (24%) have used their mobile phone to make an in-store mobile payment and 12% do so on a regular basis, the Prepaid International Forum (PIF) reports... More
More than half of payment cards shipped in 2015 were contactless
Contactless technology was built into 56% of all smart cards shipped globally excluding the Americas in 2015, up from 42% in 2014, the Smart Payment Association reports... More
IoT security spending to reach $348m this year
Worldwide spending on Internet of Things (IoT) security will reach US$348m in 2016, a 23.7% increase from 2015 spending of $281.5m, Gartner predicts... More
Three quarters of Brits expect to be cash-free by 2021
Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years. More
European spend on payments technology to rise
Nearly three quarters of European retailers and financial institutions (71%) plan to increase their spending on payments technology in the next 18 to 24 months due to increasing competition and a feeling of being “under siege”, research from ACI Worldwide and Ovum shows... More
NFC SIM shipment remains static in 2015 due to Softcard closure
The global number of NFC SIM card shipments remained static during 2015 following the closure of the Softcard mobile wallet in the US last year, the SIMalliance has revealed, despite reporting significant NFC SIM growth across Asia and Europe. More
42% of UK mobile users don’t trust NFC mobile payments
More than four in ten mobile users in the UK (42%) feel that NFC mobile payments are not secure, research from Ofcom reveals... More
Gemalto white paper explores South Korea’s T-money service
PARTNER NEWS: A case study taking a detailed look at South Korea’s T-money NFC transportation service is now available to download from digital security giant Gemalto’s website... More
Mobile ticket purchases to hit 23bn by 2020
Almost 23bn transport and events tickets will be purchased globally using mobile devices by 2020, Juniper Research predicts, more than double the volume expected this year... More
Demand for coins is “as strong as ever”, says The Royal Mint
“Cash is still the most prominent payment method for UK consumers and global demand for coins is as strong as ever,” says The Royal Mint in response to research conducted by UK supermarket chain The Co-Op that predicted mobile payments will account for 65% of its transactions by 2025... More
Mobile payments will overtake cards and cash by 2025, says UK retailer
UK retailer The Co-Op has predicted that 65% of all transactions at its supermarkets and convenience stores will be made using mobile phones by 2025. The forecast follows research released by the company which shows that almost 11m contactless transactions now take place at its 2,800 locations every month. More
Hungarian festivals to see 7m cashless payments this year
The number of cashless transactions at Hungarian festivals will reach 7m this year, representing an increase of 27% compared to last year’s 5.5m, research from Festipay predicts... More
Canada sees rise in contactless spending
The number of contactless transactions made in Canada increased 14.71% in the first quarter of 2016 compared to Q1 2015, with the total amount spent rising by 108.84%, research by Moneris reveals... More