Singapore bank UOB expects that NFC mobile payments will account for 10% of all its card transactions by 2020 on the back of “swift adoption of Apple Pay”, according to The Business Times. Around 19,000 cards from UOB have been enabled for Apple Pay in just two weeks since the bank announced its support for the service in May 2016.
- Amazon begins delivering parcels to consumers’ cars
- Copenhagen Business School lets students make payments with just their finger — no card or smartphone required
- Contactless payments are now used for half of all public transport journeys in London
- Samsung Pay to go live in South Africa in June
- Walmart files blockchain payments data storage patents
