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China pilots NFC devices that combine digital currency payments with student IDs
Students attending Hainan Lu Xun Middle School in the Chinese city of Sanya are the first in the country to trial a digital yuan hard wallet device that enables them to make payments to designated merchants on and off the school’s campus using China’s central bank digital currency (CBDC) as well as verify their identity using NFC... More
Biometric remote mobile payments to be worth US$1.2tn globally by 2027
Total transaction values for remote mobile payments authorised using biometric authentication technologies such as face or fingerprint recognition worldwide will reach US$1.2tn by 2027 compared with US$332bn in 2022, according to a forecast by Juniper Research... More
San Antonio adds bike share passes to transit ticketing app
Transport users in San Antonio in Texas in the USA can now purchase, store and activate bike share passes as well as tickets for public transportation services across the city using a single multimodal mobility app... More
Six in ten Germans now make contactless payments
Six in ten consumers in Germany now make contactless payments with their smartphone or a contactless card (60%), an increase from 56% in 2021 and 47% in 2020, according to a survey conducted by Postbank... More
NFC Forum certifies Cilab for TR13.1 wireless charging testing
PARTNER NEWS: Cilab has received NFC Forum Test Release 13.1 certification for wireless charging certification (WLC) testing and is to release a testing suite for its ci230 high-speed tester that will enable developers and manufacturers to ensure their NFC devices meet updated NFC Forum specifications... More
ST provides insight into using NFC tags to enhance consumer experiences
KNOWLEDGE CENTRE: A comprehensive guide to implementing NFC tags to provide enhanced consumer experiences in a wide range of use cases is now available to download from the NFCW Knowledge Centre... More
Galp opens contactless fuel station store in Lisbon
Iberian fuel station network Galp has opened its first contactless convenience store on a forecourt in Lisbon in Portugal, enabling customers to select food, snacks, beverages and non-perishable goods from the shelves and leave without needing to scan their purchases or wait in line to use a checkout... More
SunCash lets consumers in the Bahamas make CBDC payments with their face
Consumers in the Bahamas can now authorise in-store payments using the country’s Sand Dollar central bank digital currency (CBDC) from a SunCash mobile wallet with their face... More
Federal Reserve reports sharp drop in US cash use during Covid-19 pandemic
The total number of payments in the USA made using cash fell from just over one in four in 2019 (26%) to under one in five in 2020 (19%) before increasing slightly to 20% in 2021, the Federal Reserve reports... More
Global survey finds more than half of consumers continue to prefer using a physical payment card for in-person purchases
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
Crédit Agricole de Lorraine rolls out biometric payment cards in France
Customers of French bank Crédit Agricole de Lorraine can now apply for a biometric card that enables them to authenticate contactless payments above the country’s €50 (US$53) contactless transaction limit with their fingerprint and without needing to use their PIN... More
National QR payments system goes live at Subway stores in Australia
Two Subway outlets in Sydney and Brisbane are “the first major Australian quick-service restaurants” to let customers pay for their purchases using the national QR code payments and rewards platform developed by Australia’s Eftpos payments system... More
Apple staff test Tap to Pay contactless payment acceptance feature for iPhone
Apple has begun testing its Tap to Pay software point of sale (sPOS) feature that enables merchants to accept contactless payments directly on their iPhone at its Apple Park Visitor Center in Cupertino in the US state of California... More
Mastercard to let consumers make card-free biometric payments in store with their face or palm
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
US ice hockey team Nashville Predators lets fans authenticate limited edition jerseys with NFC
Fans of US ice hockey team Nashville Predators who purchase a limited edition jersey marking the retirement of goaltender Pekka Rinne can authenticate their purchase and access digital content and offers by scanning an NFC tag embedded in the garment with their smartphone... More
Cleveland transit authority joins regional mobile ticketing service
Passengers using public transport in Cleveland in the US state of Ohio will soon be able to purchase tickets for bus and train services operated by the Greater Cleveland Regional Transit Authority (GCRTA) using the EZfare mobile ticketing app... More
Google launches multipurpose digital wallet with support for digital IDs, tickets and payment cards
Google is rolling out a digital wallet that will enable users to store, use and present digital identity documents and driving licences as well as payment cards, transit and event tickets, boarding and loyalty passes, health documents such as Covid-19 vaccination certificates, hotel keys and office badges on their Android smartphone or Wear OS smartwatch... More
Global QR code transaction values to exceed US$3tn by 2025
The total transaction values for payments made using QR codes worldwide will reach more than US$3tn by 2025, an increase of 25% from US$2.4tn in 2022, driven by an increasing focus on financial inclusion in developing markets and alternative payment methods in developed regions, according to a forecast by Juniper Research... More
EMVCo releases draft contactless kernel specification for payment acceptance devices
EMVCo has released a draft specification for the contactless kernels used in payment acceptance devices to process contactless transactions and has made it available for public review... More