What's New in Payments

More than three quarters of cashless transactions in Germany, Austria and Switzerland are now contactless

Cashless transaction being made in a bakery in Germany

More than three in four cashless payments made in Germany (77%), Austria (80%) and Switzerland (82%) are now contactless — a rise of more than 35 percentage points from an average of 40% across the three countries in June 2019, according to figures published by Nordic payments processor Nets... More


What's New in Payments

Google Pay goes live in Austria

Google Pay logo

Google Pay has officially launched its app for owners of both Android smartphones and Wear OS smartwatches in Austria. Austrian customers of neobanks and fintechs including Curve, Monese, N26, Revolut and Viva Wallet have been able to use Google Pay via their mobile banking app since November 2020. More



NFC World

ST white paper explains how brands can use NFC to add value to their products

Front cover of ST Microelectronics White Paper on how NFC can add value to your brand

KNOWLEDGE CENTRE: NFC can be used to add value to an array of products that combine a main unit with a range of accessories or consumables, such as coffee machines and power tools, and to a wide variety of devices that are shared among multiple users, such as gym and laboratory equipment, ST explains in a new white paper available to download from the NFCW Knowledge Centre... More



What's New in Payments

Two in five US consumers still cite cash as their preferred payment method

WSFS survey graphic of trends in cash usage by US consumers in 2021

Two-fifths of US consumers (40%) still prefer to use cash and just under 40% of US businesses (39%) maintain a cash-only policy for purchases of less than US$20 “despite the availability of technology-driven forms of payment such as credit cards, debit cards and mobile wallets,” a survey by a division of WSFS Bank has found... More






What's New in Payments

Apple Pay used for more than 90% of US mobile wallet debit transactions in 2020

The number of debit transactions completed using a mobile wallet in the US rose by 51% year-on-year to approximately 2bn in 2020, with “a noteworthy” 92% of those transactions being made with Apple Pay and just 5% with Google Pay and 3% with Samsung Pay, according to research published in the 2021 Debit Issuer Study... More