Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals... More
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
- Hello, NFCW readers!
Swiss P2P payments service moves in-store with QR codes
Shoppers in Switzerland can now make in-store mobile payments using Paymit, the P2P transfer service established by the country’s financial infrastructure operator SIX and telecommunications provider Swisscom. The in-store functionality is being piloted with select merchants until the end of the month. More
Take part in our ‘NFC and the IoT’ webinar today
NFC World’s educational webinar on NFC and how it can be used to lift IoT adoption by bringing plug-and-play simplicity to smart homes and the internet of things will be held today at 15:00 GMT... More
LTA to test account-based contactless ticketing in Singapore
Commuters in Singapore will be piloting a new ticketing system in the fourth quarter of this year that will let them use their contactless debit or credit cards for fare payments across Land Transport Authority (LTA) services, with the fare being charged to their credit or debit card accounts. More
GSMA reports on mobile money adoption
More than one billion transactions were processed through mobile money services globally in December 2015, the GSMA reveals, with registered accounts growing by nearly 100m — taking the total to 411m... More
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US mobile payments at the POS to increase 54% this year
Mobile payments made at the point of sale in the US will increase 54% in 2016 compared to 2015, with continued growth expected through 2019, research from Packaged Facts predicts... More
Luxury winemaker integrates NFC into sherry bottles
Spanish winemaker Barbadillo has integrated NFC into its limited edition bottles of Versos 1891 rare sherry so customers can check the beverage’s authenticity with a tap of their mobile device... More
Swedish amusement park installs BLE beacons
Visitors to Liseberg amusement park in Sweden can now get information about its attractions on their smartphones via Bluetooth Low Energy beacons and a mobile app provided by CGI... More
McDonald’s turns Happy Meal boxes into virtual reality goggles
Diners at McDonald’s restaurants in Sweden can now turn their Happy Meal boxes into a set of virtual reality goggles and play a skiing game endorsed by the Swedish National Ski Team using their smartphone. More
148m consumers to make NFC mobile payments in 2016
Some 148m consumers will make NFC mobile payments this year, with Apple and Samsung accounting for nearly 70% of new customers, Juniper Research forecasts... More
MasterCard to support Apple Pay in Canada?
MasterCard could begin supporting Apple Pay in Canada this year, according to a MacRumors report... More
Join us tomorrow for a webinar on NFC and the IoT
Join NFC World and NXP at 3pm GMT on Wednesday 2 March to find out how NFC can bring plug-and-play simplicity to smart homes and the internet of things (IoT)... More
Keep up to date: Get NFCW's headlines by email every Wednesday
Visa simplifies Checkout sign-ups
Visa Checkout users will soon be able to scan an image of their credit or debit card with their mobile device to sign up to the service, rather than having to enter their information manually... More
Generation Z leads the way in US mobile payments adoption
US consumers aged between 18 and 24 are by far the most likely to make a payment while using their mobile phone, research from GfK shows, with more than half (53%) having made a mobile payment while using the internet in the past six months. More
White paper explores future of connected living
A 25-page white paper that explores how young adults expect mobile technology and connectivity to develop over the next ten years is now available to download from the NFC World Knowledge Centre... More
Barclaycard reports increase in UK contactless spending
Contactless spending by Barclaycard’s UK customers in pubs and bars, pharmacies, supermarkets and on commuter transport increased 164% in 2015, the company has revealed. More
MasterCard offers Apple Pay users free travel in London
MasterCard cardholders using Apple Pay can travel for free around London for the next three consecutive Mondays... More
Android Pay to make UK debut in March?
Android Pay will launch in the UK in March, according to The Telegraph... More
Apple Pay to launch in France this year?
A “small handful” of major French banks are now poised to sign deals to bring Apple Pay to France “by the end of the year”, Les Echos reports, following months of negotiations over the share of transaction fees Apple should receive from card issuers... More
WeChat Pay now available to overseas merchants
Chinese internet giant Tencent has made its WeChat Pay platform available to overseas vendors so they can serve Chinese consumers when they travel abroad... More