Apple goes live with Tap to Pay on iPhone in Brazil
Merchants in Brazil can now accept contactless payments on their iPhone with no other hardware required, Apple has announced... More
Merchants in Brazil can now accept contactless payments on their iPhone with no other hardware required, Apple has announced... More
The central bank digital currency (CBDC) that Brazil’s central bank is to pilot for retail payments in stores is to be called Drex and will be “a step forward in democratizing access for individuals and entrepreneurs to the benefits of the digitalization of the economy”, the Banco Central do Brasil (BCB) has announced... More
Merchants in Brazil will soon be able to accept contactless payments on their Apple iPhone without needing any additional hardware or accessories... More
Google is adding QR payments to Google Wallet and users in Brazil will be the first in the world to use their Google Wallet to make mobile payments with QR codes, Google VP and country director for Brazil Fabio Coelho has revealed... More
Contactless cards accounted for 84% of the 2.6bn smart cards and modules delivered worldwide by SPA members and advisory council participants in 2022, the Smart Payment Association reports, an increase of 8% on the 76% share in 2021... More
The Banco Central do Brasil (BCB) is to begin piloting the use of its proposed central bank digital currency (CBDC) across a range of transactions including in-store and offline NFC payments... More
More than four in ten transit passengers worldwide say that tapping their own debit or credit card to make open loop contactless fare payments is their preferred fare payment option (42%), followed by tapping a card stored in their mobile wallet (39%), using a closed loop transit card (38%), cash (31%) and app-based payment (29%), according to a Visa survey... More
Samsung Wallet will soon go live in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore and Taiwan, enabling users to store and use digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More
More than half of the Brazilian population are now storing and using a digital version of their voter ID card (54%) or driving licence (51%) on their smartphone, while just over four in ten have a digital vaccination card (43%) and one in four have uploaded the recently launched digital Carta de Identidade Nacional national ID card (25%), according to a survey... More
Residents of six Brazilian states and the country’s Federal District can now generate a digital national identity card that they can store on their Apple or Android smartphone and use to verify their ID for multiple uses including accessing public services and contactless cross-border travel to other South American countries within the Mercosur region... More
Residents of Colombia will soon be able to use an updated version of their digital national identity card — known as La Cédula Digital Colombiana — stored on their Apple or Android smartphone as a passport when travelling to eight other South American countries... More
Google has begun rolling out a multipurpose digital wallet that enables users to store, use and present digital credentials such as identity cards and health passes as well as payment cards, transit and event tickets and hotel keys in 39 countries across Europe, the Americas and Asia... More
More than one in two consumers worldwide prefer using a physical payment card to using cash or a digital wallet when making in-person purchases (53%), a survey has revealed... More
Mastercard has a launched a biometric checkout scheme that sets out standards and requirements for in-store biometric payment solutions enabling consumers to make contactless biometric payments with their face or palm and without needing to use a payment card or mobile device... More
The Banco Central do Brasil (BCB) has named the partner organisations that will support the next phase of its central bank digital currency (CBDC) project... More
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
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
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
Nearly 20% of all in-person Visa card transactions in the US are now contactless, with that proportion rising to more than 25% in Los Angeles, Detroit, Orange County, Miami and Salt Lake City, over 30% in San Francisco, San Jose and Oakland, and reaching 45% in New York, according to the card network’s Q1 2022 earnings call... More
One in four consumers globally expect to switch to making cashless payments only within the next two years (25%), while one in two say it will happen in the next 10 years (53%) and 16% say they already solely make digital payments, a survey of consumers and merchants in nine markets worldwide has found... More