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    Cashless

    News about Cashless.

    Apple Pay advertising sparks strong rise in contactless payments at vending machines

    November 21st, 2016

    Digital advertising promoting the availability of Apple Pay at unattended vending machines has resulted in a 36.5% increase in overall sales for cashless vending machine technology provider USA Technologies (USAT) as well as a 135.2%… More

    Americans expect cashless society in their lifetime

    July 26th, 2016

    Almost two thirds of US consumers (62%) expect the country to become a cashless society in their lifetime, research released by Gallup reveals. “Solid majorities in all age groups say they can foresee a US society without cash, including 58% of those 65 and older and 63% of 18-to-29 year olds,” the firm says. “54% still say they like to have cash on them at all times. 42% say they are comfortable not having cash on them.”

    Marseille gets SMS payments for on-street parking

    July 20th, 2016

    PARTNER NEWS: Motorists in Marseille, France, will soon be able to pay for the time spent in a parking bay by sending an SMS when they enter and another one when they leave, charging the payment to their mobile phone bill. More

    NEC employees trial facial recognition for payments

    July 12th, 2016

    Employees at NEC Corporation’s head office in Tokyo are trialling the use of facial recognition to authenticate purchases made in small shops inside the building. The trial began in June 2016 and will run until August as part of NEC’s efforts to “apply its biometrics authentication technologies to a range of services including cashless payment”. More

    RBI reveals framework for “less-cash” society

    June 27th, 2016

    The Reserve Bank of India (RBI) has released its framework for payment and settlement systems with a view to moving the country towards a “less-cash” society. Vision-2018 “reiterates the commitment of the Reserve Bank of India (the Bank) to encourage greater use of electronic payments by all sections of society,” RBI says. “Building a robust payments infrastructure in the country to increase the accessibility, availability, interoperability and security of the payment systems will continue to remain a key objective.”

    MintChip launches for in-store and P2P payments in Canada

    June 21st, 2016

    Canadians can now use the MintChip virtual currency to send and receive money through a P2P mobile app and make payments at participating merchants in Toronto’s Liberty Village neighbourhood by scanning a barcode. A partnership with… More

    Brits foresee cashless society by 2036

    June 21st, 2016

    More than two thirds of UK consumers (68%) believe that cashless technologies will completely replace physical money by 2036, research released by the Mayor of London’s promotional company London & Partners reveals. The figure is higher in London, where three quarters of people believe cash will disappear within 20 years. The research is based on 2,000 respondents and has been released to coincide with London Technology Week, hosted by London & Partners and MasterCard.

    Apple Pay advertising increases contactless payments at self-service machines

    June 16th, 2016

    Cashless vending machine technology provider USA Technologies (USAT) has seen an 89% increase in revenue through contactless purchases at self-service machines running on its ePort Interactive platform as a result of digital advertising highlighting Apple Pay availability at the point of sale. More

    Turkey aims to be cashless by 2023

    May 3rd, 2016

    Turkey has introduced its own card payment system in an attempt to move towards a cashless society by 2023. Known as Troy, the system has been built into all point-of-sale terminals and ATMs across the… More

    A quarter of Brits have made an in-store mobile payment

    April 27th, 2016

    Almost a quarter of UK adults (24%) have used their mobile phone to make an in-store mobile payment and 12% do so on a regular basis, the Prepaid International Forum (PIF) reports. 49% of 18… More

    Three quarters of Brits expect to be cash-free by 2021

    April 26th, 2016

    Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years. More

    NXP and HID Global to enable wearable devices to unlock doors

    April 20th, 2016

    PARTNER NEWS: NXP has teamed up with HID Global to work on enabling consumers to open electronic locks at commercial buildings, hotels and workplaces with a tap of an NFC wearable device.  More

    Wearable smart stamp to support NFC payments

    April 18th, 2016

    Healthcare technology provider MC10 and product solutions provider PCH are to commercialise MC10’s Wearable Interactive Stamp Platform (WiSP), an ultrathin, stretchable and disposable stamp worn on the skin that will enable brands to develop a “variety of consumer applications” including NFC payments. More

    Hungarian festivals to see 7m cashless payments this year

    April 14th, 2016

    The number of cashless transactions at Hungarian festivals will reach 7m this year, representing an increase of 27% compared to last year’s 5.5m, research from Festipay predicts. “In 2015, the most frequently visited Hungarian festivals were 90% cashless,” the payment solutions provider says. “This year, Festipay electronic payment solutions will be used at as much as 18 festivals.”