Google Pay has gone live in Austria, Bulgaria, Estonia, Greece, Hungary, Latvia, Lithuania, Netherlands, Portugal and Romania with support for Mastercard and Visa cards issued by participating banks and card issuers... More
The number of outlets worldwide accepting card payments will reach nearly 100m by the end of 2025, an increase driven by government initiatives to promote cashless payments and by an acceleration in the move to contactless payments during the Covid-19 pandemic, research from RBR predicts... More
Visa is piloting an instalment payments service in Russia and is moving towards a commercial launch in the US, the payments network has announced... More
Octopus transit card holders can now use their iPhone or Apple Watch to pay their fares and make purchases at 35,000 retail outlets across Hong Kong that accept Octopus for payments... More
US credit card payment volumes decreased by 7% in March 2020 compared with March 2019, Visa has reported, while cross-border transaction volumes have fallen 19%... More
Data on the latest adoption rates for contactless transactions, tokenization, transit payments and secure remote commerce has been made available by Visa CEO Al Kelly — along with details of the revenue model to be used by Plaid, which Visa is to acquire for $5.3bn... More
Unified cashless payment system rolled out at 500 hawker stalls across Singapore — The Straits Times — “The solution, provided by Nets, unifies payments from 23 providers, so dining customers can use different cashless payment options at a single payment terminal at a food outlet. This also saves hawkers the hassle of dealing with multiple e-payment firms. These include e-wallets like Singtel Dash and GrabPay, transport cards EZ-Link and Nets FlashPay, and credit cards such as Visa and Mastercard.”
There were 326.8m chip cards in the US as of the end of June 2016, exceeding the number of people who live in the country, Visa has reported... More
PARTNER NEWS: AMS’s BoostedNFC technology has been included by STMicroelectronics in a new NFC board that will let developers quickly implement secure contactless technology in devices with tight space constraints, such as IoT nodes and wearables... More
VIP guests attending fashion designer Henry Holland’s show at this week’s London Fashion Week were able to make purchases from the catwalk by tapping NFC rings against payment receiver tags attached to clothes and accessories... More
