Merchants in Australia can now accept contactless payments directly on their Android NFC smartphone or tablet using National Australia Bank’s Easy Tap software point of sale (sPOS) solution... More
The digital yuan has been used to make 360m transactions worth a total of more than 100bn yuan (US$14bn) since China began piloting the central bank digital currency (CBDC) in December 2019, up from total cumulative transaction values worth 87.6bn yuan (US$12bn) at the end of 2021, according to the People’s Bank of China (PBOC)... More
Samsung Wallet is to roll out in Bahrain, Denmark, Finland, Kazakhstan, Kuwait, Norway, Oman, Qatar, South Africa, Sweden, Switzerland and the United Arab Emirates, enabling users to store their digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More
Consumers in Taiwan can now purchase an upgraded version of the EasyCard stored value smart payments and transit card that they can top up directly from their NFC smartphone without needing to use a reload or top-up machine at a metro station or convenience store... More
The Reserve Bank of India (RBI) is to build a prototype digital rupee and test it in a range of scenarios and use cases as part of its “phased implementation strategy” for introducing a central bank digital currency (CBDC)... More
EMVCo has officially launched the EMV Contactless Kernel Specification detailing the features and requirements for the software used to process transactions in payment acceptance devices such as point-of-sale terminals and ATMs that will simplify and advance global payment acceptance, enhance security, improve transaction speeds and support more reliable data transmission... More
Nearly one third of UK consumers believe that carrying a physical ID document is “outdated” (32%) and nearly half would prefer not to have to carry a physical document as proof of identity (45%), a survey commissioned by the UK Post Office has found... More
The UK government has published an updated version of The Highway Code governing the use of public roads that incorporates a clause permitting drivers to make a contactless payment at a contactless payment terminal from their vehicle using their mobile device... More
Curve digital wallet users across Europe can now add multiple payment cards to a range of wearable NFC devices including rings, bracelets, watches and pens and use them to make contactless payments via the Fidesmo Pay wearable payments platform... More
A quarter of all debit and credit card transactions made in Australia are now made using a mobile wallet (25%), up from 10% in the March quarter of 2020, according to figures from the Reserve Bank of Australia (RBA). ... More
KNOWLEDGE CENTRE: A new white paper from STMicroelectronics that provides consumer goods manufacturers with in-depth insight into how they can use NFC technology to support their sustainability initiatives is now available to download from the NFCW Knowledge Centre... More
The integration of virtual cards into digital wallet services like Apple Pay and Google Pay will drive a 340% increase in virtual card transactions, from 28bn in 2022 to 121bn by 2027, Juniper Research predicts... More
More than four in ten UK consumers now make in-person and ecommerce purchases from their mobile device on a weekly basis (43%), making mobile payments “the predominant form of payment” in the country with mobile commerce transaction values predicted to reach £100m (US$112m) by 2024, according to research published by payment services provider Rapyd... More
EMVCo’s keynote for NFCW’s Contactless World Congress virtual event will take place on Wednesday at 3pm BST/10am EDT, when Brian Byrne and Jonathan Main will present about the future of contactless payments... More
Dutch retail chain Hema is to trial a software-only point-of-sale (sPOS) solution that enables staff to accept contactless payments on any Android smartphone or tablet without needing any additional hardware or accessories... More
Three in four iPhone users in the USA have now activated Apple Pay (75%), a rise of 25 percentage points from 50% in 2020, according to research by Loup Ventures... More
Customers of Poland’s Bank Pocztowy are among the first in the country to be able to apply for a biometric debit card that allows them to authenticate contactless payments using their fingerprint... More
Nearly one in three of all payments in the UK were made using contactless cards or with a smartphone or smart watch in 2021 (32%), a rise of 36% compared with transaction volumes in 2020, according to figures from UK Finance... More
Apple Pay has launched in Qatar with support for American Express cards and Mastercard and Visa cards issued by seven major banks... More
Merchants in New Zealand can now accept contactless payments on an ordinary Android NFC smartphone using a low-cost software point of sale (sPOS) solution that users will be able to implement without a monthly fee for using the app until January 2024 if transactions are settled to a Bank of New Zealand (BNZ) account... More