The amount that UK consumers are spending using contactless has risen 150% in the last 12 months, with the number of transactions up 134%, research from Barclaycard has revealed. More
UK contactless spending up 150% in last 12 months
- 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!
Coin unveils EMV-ready Coin 2.0 with NFC
Connected device maker Coin has released a new version of its electronic magnetic stripe card that is EMV-ready and incorporates NFC, allowing users to store credit and debit cards and make both contactless and swipe payment transactions for in-store purchases. More
MCX adds offers and discounts to CurrentC mobile wallet
US retailer-led consortium MCX has announced a partnership with promotions management and processing provider Inmar to bring digital promotions from US brands to its yet-to-launch mobile wallet platform CurrentC. The deal will enable users to automatically redeem offers and discounts at checkout on their mobile devices. More
Google says Android Pay is coming ‘soon’
Google has broken its silence following speculation its Android Pay mobile payments platform was to be launched on August 26 by confirming it will be available soon... More
620m biometric app downloads by 2020
More than 620m mobile banking apps that support biometrics for customer authentication and transaction verification will be downloaded by 2020, research from Goode Intelligence predicts... More
Keep up to date: Get NFCW's headlines by email every Wednesday
PREIT installs BLE beacons in US malls
Retail shopping mall owner Pennsylvania Real Estate Investment Trust (PREIT) is to roll out Bluetooth Low Energy (BLE) beacons in its shopping centres in 12 US states, allowing retailers and brands to trigger offers and information in shoppers’ smartphones... More
NFC chip market to rise 50.6%
The global NFC chip market will grow at a compound annual growth rate (CAGR) of 50.6% by volume over the period 2014-2019, analysts from market research firm Technavio predict in the company’s ‘Global NFC Chips Market 2015-2019’ report... More
PayPal One Touch expansion
PayPal has extended its One Touch mobile payments solution to 13 new markets: Australia, Austria, Belgium, Denmark, France, Germany, Netherlands, Norway, Poland, Spain, Sweden, Switzerland and Turkey... More
UK consumers increase contactless spending 560% in 12 months
The amount British consumers have spent using their contactless cards has increased 560% in the last 12 months, research from MasterCard has revealed — a more than sixfold year-on-year growth and up from a 373% increase in the year to July 2014. More
Line Pay expands to Taiwan
Japanese instant messaging giant Line has released an initial list of Taiwanese stores at which its mobile payment service Line Pay can be used... More
80,000 cards added to Samsung Pay in Korea
More than 80,000 credit or debit cards have been registered on Samsung Pay in Korea since its launch last week... More
Gemalto and Mahindra Comviva scoop awards
PARTNER NEWS: Digital security specialist Gemalto and mobile financial services provider Mahindra Comviva have both picked up prizes in this year’s Juniper Research Future Digital Awards... More
Keep up to date: Get NFCW's headlines by email every Wednesday
Elle launches BLE beacon offers across the US
Women’s fashion magazine Elle has launched a promotion across the US that makes use of Bluetooth Low Energy (BLE) beacons and geofence technology to trigger exclusive content and offers in a shopper’s smartphone when they are within range of a participating store partner. More
SimplyTapp picks up contactless payments award
PARTNER NEWS: HCE specialist SimplyTapp has been awarded Best Contactless Payments Solution of the Year at the 2015 Future Digital Awards, organised by UK-based firm Juniper Research. More
‘Top priority’ for electronic and mobile payments
Fully converting payments to electronic, expanding card programs and adopting mobile/digital payments was the top priority for clients at the recent Bank of America Merrill Lynch Conference on Payments and Commercial Card... More
JCDecaux to roll out PowaTag across Denmark
Shoppers across Denmark will be able to make purchases from billboards, bus shelters and street furniture from outdoor advertising corporation JCDecaux subsidiary AFA JCDecaux via Powa Technologies’ mobile payments platform PowaTag... More
NFC Forum adds new members
The NFC Forum has added new associate, implementer and non-profit members, following the recent addition of Apple as a sponsor member... More
Swiss develop ‘Sound-Proof’ authentication
Swiss researchers have unveiled a two-factor authentication mechanism dubbed ‘Sound-Proof’ that uses the noise recorded by a user’s phone and the device he or she wants to log into to verify identity... More
Square Cash finds time for Apple Watch
Square has updated its P2P mobile payment app to add support for Apple Watch... More
Apple Pay fees ‘sticking point’ for Australian banks
Australia’s largest banks are reportedly in dispute with Apple over Apple Pay interchange fees... More