News about Electronic money.
May 17th, 2016
Commuters across the US city of Dallas and surrounding areas can now pay for travel using a GoPass NFC card launched by Dallas Area Rapid Transit (DART) and Blackhawk Network. The card can be topped up using cash at nearly 800 stores served by electronic cash transaction network PayNearMe. “DART’s GoPass mobile app will allow riders to present the app on their smartphone to a store clerk within PayNearMe’s retail network and pay in cash to load DART fare value just as if they are making a purchase in store,” DART says.
May 11th, 2016
Swedish mobile payments specialist Seamless has been granted authorisation to issue electronic money by Finansinspektionen, the country’s financial supervisory authority. “This means that Seqr users can send and receive money, worldwide, in real time,” the company says. “Under the terms of the authorisation, Seqr can also be used by minors. Money received can be accessed instantly to make payments anywhere in the world where NFC payments are accepted.”