The rollout of contactless payments is gathering pace in Australia, with 500 merchants in Melbourne set to install contactless terminals this month. The transaction limit is being increased to A$100, with no PIN required — expanding the use of contactless transactions beyond the small purchase levels previously set in Australia and elsewhere. The new limit means consumers will be able to pay by contactless (and, later, by NFC) for their fuel purchases as well as for coffees and other quick serve items. Will other countries follow? Read the full announcement from Visa Australia here.
- Esso customers get mobile payments and rewards at 1,000 Canadian gas stations
- White paper explores how dedicated Android NFC devices can be used to improve the delivery of financial services in emerging markets
- Android O to offer autofill for payments
- Westpac launches payments keyboard for chat apps
- Wells Fargo moves forward with ATM mobile withdrawal plans