What's New in Payments

Indian government unveils sweeping proposals to reduce the use of cash

The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley departs from North Block to Rashtrapati Bhavan and Parliament House, along with the Minister of State for Finance and Corporate Affairs, Shri Arjun Ram Meghwal and the Minister of State for Finance, Shri Santosh Kumar Gangwar to present the General Budget 2017-18, in New Delhi on February 01, 2017.

The Government of India has introduced a series of incentives designed to encourage consumers and businesses to adopt digital and mobile payments and significantly reduce the use of cash in the economy — including plans to encourage banks to introduce one million point-of-sale terminals by March 2017, rising to two million by September... More



NFC World

Tostitos tortilla chip bags use NFC to order an Uber when consumers are too drunk to drive

Tostitos Party Safe

US consumers can now order a discounted Uber ride by tapping their NFC smartphone against a bag of Tostitos tortilla chips when they have had too much to drink. The bag detects the presence of alcohol on a person’s breath and shows either a green or red steering wheel to alert the consumer of whether or not they are safe to drive home. More



Transit Ticketing Today

White paper sets out ‘game changer’ role for NFC in public transport ticketing

NFC Forum

A 14-page white paper that aims to educate public transport operators, mobile network operators and handset manufacturers on how to implement NFC technology across transportation systems, while ensuring consistent, reliable and efficient performance between devices and mobile ticketing systems, is now available to download from the NFC World Knowledge Centre. More



What's New in Payments

One fifth of global consumers have made an in-store mobile payment as China leads the way

Mobile Money Report

Nearly one fifth of global consumers (18%) have made an in-store mobile payment in the past six months, representing an increase of 10% from the same period in 2014, research released by trade body Mobile Ecosystem Forum (MEF) reveals. Chinese consumers lead the way, with 38% of them having paid with their phone at the point of sale — nearly double the global average. More



Facebook strengthens security with Fido-compliant authentication

Facebook

Social media giant Facebook has added the Fido Alliance’s Universal Second Factor (U2F) specification to its platform to strengthen its range of two-factor authentication methods which have previously been offered through an SMS service or by a code generation feature inside the Facebook mobile app... More




Samsung Pass roll out takes biometrics to the web

Consumers with Samsung Galaxy S7 and Galaxy S7 Edge devices can now log into select websites and mobile apps using their fingerprint and Samsung Pass, the biometric authentication service unveiled by Samsung in August 2016... More





Transit Ticketing Today

Rail passengers pilot Bluetooth and geolocation service for ticket-free travel

Chiltern Railways

Passengers on UK rail company Chiltern Railways will soon be able to travel without tickets using a service integrating a mobile app with Bluetooth and geolocation services, which will track commuters throughout their journey, give them access through ticket barriers and automatically charge them the best price for the route taken... More