Mediterranean Bank in Libya will be the first in the country to trial biometric payment cards that enable customers to authenticate contactless payments with their fingerprint... More
Retail
Tortoise to roll out robotic mobile smart stores in the US and UK
Consumers in New York, Chicago, Denver and other US cities as well as in London in the UK will soon be able to purchase items from remotely controlled robotic mobile vending machines with a tap of their contactless payment card or mobile wallet... More
OEM Pay ecommerce transaction volumes to exceed 30.7bn by 2026
Consumers worldwide will use payment services provided by smartphone makers and other original equipment manufacturers (OEMs) to make more than 30.7bn ecommerce transactions by 2026, an increase of more than 24.5bn on the 6.1bn predicted for 2022, according to a forecast by Juniper Research... More
Shake Shack offers customers bitcoin rewards
Customers purchasing food and beverages from Shake Shack outlets in the US using the Cash App payments platform can opt to receive a 15% cashback reward in bitcoin... More
Contactless card purchases to exceed 522bn globally by 2026
The number of contactless card purchases made worldwide will increase by an average of 23% a year and reach a total of more than 522bn by 2026, up by more than 370bn on the 149bn recorded in 2020, according to a forecast by Retail Banking Research (RBR)... More
Swedish challenger bank rolls out biometric payment cards
Customers of Swedish challenger bank Rocker can now apply for a biometric payment card that allows them to authenticate payments of any amount with their fingerprint rather than using a PIN... More
Global shipments of biometric payment cards to grow by 850% and reach 173m in 2026
Shipments of biometric payment cards with embedded fingerprint sensors will grow by almost 850% and reach a total of 173m worldwide by 2026, according to a forecast by Juniper Research... More
Spain sees highest growth rate in contactless payments in Europe
The total number of contactless card payments made in Spain increased by 10% during 2021, the highest growth rate recorded in Europe, according to payment services provider Minsait Payments... More
More than one in three in-person payments in Latin America and the Caribbean are now contactless
More than a third of in-person payments made using Visa credentials across Latin America and the Caribbean in December 2021 were contactless (“close to 35%”), a two-fold increase on the same period in 2020, according to Visa Consulting and Analytics (VCA)... More
BIS finds consumers worldwide are switching to digital and contactless payments at ‘unprecedented rate’
Consumers in key markets around the world have switched from physical cash to digital and contactless payment methods at “a rate unprecedented” since the Bank for International Settlements (BIS) launched its Red Book of payment and settlement statistics in 2004, BIS says... More
Canadian meal ordering app tracks reusable food containers using NFC
Customers ordering takeaway food from restaurants in Toronto in Canada can now collect their orders in a reusable food container embedded with an NFC tag that enables them to confirm they have returned the container after use at a “contactless return station”... More
Japanese merchants trial face payments for customers wearing a mask
Consumers using 10 restaurants and retail outlets in the Japanese city of Niigata can now test a biometric payments service that lets them authenticate contactless payments with their face even if they are wearing a mask... More
Apple to let US merchants accept contactless payments on their iPhone
Merchants in the US will soon be able to accept contactless payments on their iPhone via a “partner-enabled iOS app” without needing to connect their device to a payment terminal or other additional hardware, Apple has announced... More
Eight in ten card payments in Nordic countries are now contactless
Eight in ten card payments made in the Nordic countries during 2021 were contactless, an increase from 74% in 2020, according to figures from regional payments processor Nets... More
Carnival adds support for on-shore contactless payments to on-board wearable payments device
Passengers on Princess Medallion Class cruise ships can now use their Princess Medallion NFC-enabled wearable device to make contactless payments at on-shore merchants that support leisure travel giant Carnival Corporation’s Medallion Pay payments service... More
CIH Bank picks Dejamobile for NFC mobile payments
PARTNER NEWS: Morocco-based CIH Bank has launched CIH Pay, a mobile payments service that allows customers to digitize their bank card on their smartphone and use it to make in-store contactless payments... More
One in two in-person Mastercard transactions worldwide are now contactless
One in two in-person transactions authorised, cleared and settled through Mastercard’s payment processing services worldwide during Q4 2021 were contactless, up from “approximately” one in three in the period prior to the Covid-19 pandemic, according to figures revealed at the card network’s Q4 earnings call... More
Adidas rolls out contactless in-store shopping in the Philippines
Customers using an Adidas store in Manila in the Philippines can now select products, request different sizes and styles to try on and pay for their purchases directly from their smartphone... More
China’s JD.com lets consumers make online payments from digital yuan hard wallets using NFC
Chinese consumers can now make online payments for purchases from the JD.com ecommerce app using digital yuan stored on a physical card or hard wallet via their Android NFC smartphone... More
UK sees 40% rise in contactless transaction values in 2021
The total transaction value of contactless card payments made in UK stores “surged” by 40.2% in 2021 and the average number of contactless payments made each day increased by 27.5% compared with the previous year, according to Barclaycard... More