Total card purchase volume worldwide reached US$42.7tn in 2022 with global credit card volumes increasing by 7% and prepaid card volumes by 9%, according to research from RBR... More
Regions across China have launched a series of digital yuan voucher giveaways to drive adoption of the country’s central bank digital currency (CBDC) and encourage consumer spending using the digital currency during the Asian Games and the Mid-Autumn and National Day festivals... More
Purchasers of Google’s new Pixel 8 and Pixel 8 Pro smartphones will be able to make NFC payments using Google Wallet and access other compatible banking and payments apps with their face. ... More
Apple iPhone users in the UK can now check their current account balance, the remaining credit on their credit card and their debit and credit card transaction history directly in Apple Wallet... More
Amazon is using RFID tags attached to individual product items to expand the range of outlets that can make use of its Just Walk Out technology to include clothing retailers and other non-food stores... More
Tourists and other foreigners visiting China can now upload digital yuan to the country’s prototype central bank digital currency (CBDC) digital wallet using their Mastercard or Visa credit card... More
Merchants in Brazil can now accept contactless payments on their iPhone with no other hardware required, Apple has announced... More
The National Payments Corporation of India (NPCI) has unveiled a suite of United Payments Interface (UPI) services that includes UPI Tap & Pay NFC-enabled QR codes, QR code-enabled ATM withdrawals, the addition of support for offline NFC payments to the UPI Lite X digital wallet, and Hello... More
The US Consumer Financial Protection Bureau has issued a report that highlights how Apple and Google’s role in enabling NFC contactless mobile payments impacts the US contactless payments market... More
Transaction volumes for contactless in-store mobile payments made using an Interac debit card stored on a consumer’s smartphone have increased by 53% between August 2022 and July 2023, the Canadian domestic debit card network provider has revealed... More
Google Wallet has launched in Colombia, enabling users to store and use their credit and debit cards, boarding passes, tickets and other digital credentials on their Android NFC smartphone, Wear OS smartwatch or Fitbit device... More
The central bank digital currency (CBDC) that Brazil’s central bank is to pilot for retail payments in stores is to be called Drex and will be “a step forward in democratizing access for individuals and entrepreneurs to the benefits of the digitalization of the economy”, the Banco Central do Brasil (BCB) has announced... More
Merchants in the Netherlands can now use their Apple iPhone to accept contactless payments without needing any additional hardware... More
The Reserve Bank of India (RBI) is to add support for NFC payments to the country’s UPI Lite digital wallet, enabling users to conduct transactions on their smartphone even when there is no internet or mobile connection... More
Residents of the US state of California can now generate and store a digital version of their driving licence or state ID card on their Apple or Android smartphone and use it to verify their identity at selected Transportation Security Administration (TSA) airport security checkpoints and confirm their age when making age-restricted purchases in selected stores... More
The total number of QR code payments made in SE Asia will reach 90bn by 2028, up from a total QR code transaction volume in the region of 13bn in 2023, according to a forecast by Juniper Research... More
Just over 93% of card present transactions worldwide were made using EMV chip-enabled payment cards during 2022, up from 90.44% in 2021 and 88.55% in 2020, according to standards body EMVCo... More
Customers at a Smokin’ Oak Wood Pizza outlet in Fayetteville in the US state of Arkansas can now pour their own drinks from digitally controlled taps in a self-serve taproom using a contactless bracelet... More
Visitors to China can now link their international credit cards, including cards issued by Visa, Mastercard, JCB and Discover, to an Alipay or WeChat Pay digital wallet and use them to make payments for goods and services at merchants across the country... More
One in five UK consumers (20%) prefers using mobile payment services such as Apple Pay over cash (17%) or chip & PIN card payments (10%) for in-store purchases, a survey has revealed... More