Apple iPhone users in Toronto, Ottawa and Hamilton will soon be able to use their Presto app to top up their transit card via NFC... More
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Morocco boosts contactless transaction limit by 100%
Morocco’s bank-owned payment acquirer, Centre Monétique Interbancaire (CMI), has raised the contactless transaction limit in the country from 200 to 400 dirhams (US$40) in response to the coronavirus crisis... More
BYD to offer NFC keys as standard on all new cars
Four in five vehicles shipped by Chinese car maker BYD in 2019 included support for NFC keys “and the percentage is expected to top 95% in 2021,” automobile industry publication Gasgoo reports... More
Three in ten US consumers to use contactless and mobile payments post-pandemic
A new survey has found that 45% of US consumers are now using “a mobile wallet of some type”, 16% are using paper-based currency less than before the pandemic and 31% say will use contactless or mobile wallet payments instead of cash and cheques in the aftermath of Covid-19... More
Samsung Pay unveils plan to launch its own debit card
Samsung has announced plans to introduce “a new Samsung Pay experience” that combines “an innovative debit card backed by a cash management account”... More
NJ Transit pilots contactless ticket vending machines
NJ Transit is replacing 14 of its ticket vending machines (TVMs) with new machines that support contactless cards and mobile payments... More
Central banks increase contactless transaction limit in UAE, Bahrain and Kuwait
Central banks in the UAE, Bahrain and Kuwait have all increased the contactless transaction limits in their country, in a bid to combat the spread of Covid-19... More
Germans switch to contactless payments amid coronavirus concerns
“Coronavirus concerns have pushed consumers across Germany to make the switch to using contactless payments for the first time,” The Local.de reports... More
ANZ waives contactless debit card fees for small businesses in New Zealand
ANZ is to provide free contactless debit transactions “for eligible small business customers” in New Zealand until 30 June, the bank has announced... More
Access Bank to launch face recognition payments in Nigeria
Nigeria’s Access Bank is to introduce a payments system that uses a combination of facial recognition and artificial intelligence to let customers make purchases at retail stores, Ventures Africa reports... More
Digital wallets to account for 52% of global ecommerce sales by 2023
Digital wallets will be used to pay for ecommerce transactions valued at more than US$3tn a year by 2023, a new study has found... More
Apple Pay now accounts for 5% of global card transactions
Payments made via Apple Pay now account for around 5% of global card transactions, according to research firm Bernstein — and are set to represent 10% of all card transactions by 2025... More
Google to revamp its payments products
“We had a tremendously successful launch in India from which we learnt a lot of features, and we are bringing that and we are revamping our payments products globally,” Alphabet CEO Sundar Pichai has revealed... More
UK consumers warming to face biometrics
A survey has found that while half of Brits are happy to unlock their phones with their faces, only a third trust the technology to authorise a payment... More
Samsung Pay adds ‘do not sell my data’ option for US users
A new privacy controls section now lets users of Samsung Pay in the US opt to prevent the company from selling their data to “Samsung Pay Partners”, XDA Developers reports... More
Chinese mobile payments users report high levels of fraud
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
Bangladesh begins national QR mobile payments rollout
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
Sao Paulo to roll out contactless payments across bus network
All buses in the Brazilian city of Sao Paulo will accept payments via Mastercard and Visa contactless cards, Samsung Pay, Apple Pay and Google Pay by the end of this year, local business magazine Exame reports... More
Tencent and China UnionPay pilot interoperable QR mobile payment codes
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
GlobalPlatform reports secure element shipment numbers
More than 6.2bn GlobalPlatform-compliant secure elements were deployed in 2018, an increase of over 750m from the previous year, the standards organisation has revealed... More