Customers using a Sainsbury’s contactless convenience store in London can now take the products they want to purchase from the shelves and charge their purchases to their credit or debit card without needing to scan them with their smartphone or visit a checkout by using a new feature on the UK retailer’s SmartShop app... More
- Apple Pay users in the US to get buy now pay later option with iOS 16
- BIS reports on CBDCs in emerging markets
- Moroccan bank launches biometric payment card
- US digital bank introduces contactless payments rings
- Riksbank completes digital currency payments pilot
Carrefour opens its first contactless store in Paris
France-based supermarket chain Carrefour has opened its first contactless convenience store in Paris that allows customers to walk in, select the items they wish to purchase and pay for them without needing to register or check in at the entrance, download an app or scan their purchases with their mobile device or at a checkout... More
Westpac expands dynamic CVVs to Android phones
Customers of Australia’s Westpac bank with an Android smartphone will soon be able to make payments using a digital card secured by a dynamic card verification code (CVC) that changes every 24 hours... More
Paradies Lagardère expands mobile self-checkout to airport stores across the US and Canada
Customers at Paradies Lagardère retail outlets at 20 additional airports across the US and Canada can now scan and pay for the products they select with their own mobile device without needing to visit a checkout... More
Japanese banks gear up to test digital currency
A consortium of more than 70 leading banks, financial services providers and other businesses in Japan is to conduct a series of proof of concept (PoC) trials of a digital currency supported by commercial banks across a range of specific use cases with the aim of rolling the currency out by the end of the 2022 fiscal year... More
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US grocery stores trial AI-powered self-checkout shopping carts
Two US stores owned by retail giant Albertsons are trialling a self-checkout shopping trolley that enables customers to select and scan items while they shop, compare products and receive personalised recommendations via an on-cart screen, and pay for their purchases by inserting or tapping their payments card without visiting a checkout... More
Ikea introduces scan-and-go mobile checkout in Australia
Customers at two Ikea outlets in Brisbane, Australia, can now use their mobile device to scan the products they want to buy while they shop and then pay on their way out without needing to unload and reload their shopping cart at the checkout... More
US region to get blockchain-powered local digital currency
Consumers in the Berkshires region of western Massachusetts in the US will soon be able to make in-store and online purchases and carry out person-to-person transactions using a digital version of the BerkShares local currency... More
Starbucks and Amazon open joint checkout-free outlet in New York
Customers using a combined Starbucks Pickup and Amazon Go outlet in Manhattan, New York City, can now collect beverages purchased via the Starbucks app and then opt to enter a checkout-free “contactless market” and lounge area by scanning an “in-store code” in their Amazon Shopping app or their credit card... More
Hong Kong Monetary Authority lays out technical design options for digital HK dollar
The Hong Kong Monetary Authority (HKMA) has published a white paper that explores potential technical and design options for issuing and distributing retail central bank digital currencies (CBDCs) and proposes a two-tier system as “one possible design” for a digital HK dollar or e-HKD... More
EPI calls for public funding to support pan-European payments system
The European Payments Initiative (EPI) is seeking public funding to support its development of a unified payment system across Europe that would compete with US-based networks such as Visa and Mastercard, EPI chief executive Martina Weimert has said. More
African payment apps to add ultrasonic authentication for contactless transactions
Consumers across Africa will soon be able to use Nigeria-based payment services provider Paga Group’s mobile apps to authenticate in-store and person-to-person contactless payments using ultrasonic data-over-sound proximity verification technology... More
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Central Bank of Nigeria issues nearly 500,000 eNaira wallets since launching CBDC
More than 488,000 consumers in Nigeria have downloaded an eNaira digital wallet and conducted transactions worth a total of 62m naira (US$151,000) in the country’s central bank digital currency (CBDC) since its launch in October, according to a Central Bank of Nigeria (CBN) spokesman... More
In-vehicle payment transaction volumes to top 4.7bn globally by 2026
Global transaction volumes for in-vehicle payments made directly from vehicle systems without the use of a smartphone will exceed 4.7bn by 2026, up from 87m in 2021, according to a forecast by Juniper Research. More
VTB lets customers make contactless ATM withdrawals with digital bank cards
Customers of Russia-based bank VTB can now use a digital debit or credit card to make contactless cash withdrawals from its ATMs using their iOS or Android device. More
Mercedes to let drivers authenticate in-vehicle payments for goods and services with their fingerprint
Mercedes drivers in the UK and Germany will soon be able to authorise in-car payments for goods and services using a fingerprint sensor in their vehicle’s dashboard... More
One in two UK consumers would consider a payments chip implant
Just over one in two (51%) UK consumers would consider making payments using a chip implanted in their hand provided it met certain criteria including medical safety and privacy protection, a new survey reveals... More
Sri Lanka launches national QR code mobile payments solution
The Central Bank of Sri Lanka (CBSL) has begun a nationwide rollout of the LankaQR digital payments solution that enables consumers to make payments to merchants and service providers directly from their bank account by scanning a QR code with their mobile device. More
UK bank sees 50,000 customers opt to set their own contactless limit
Some 50,000 customers of Starling Bank have chosen to set their own contactless spending limit to a lower amount than the maximum of £100 (US$135) per contactless transaction that the UK government introduced in October... More
Number of digital yuan wallets issued in China reaches 140m
The total number of personal and corporate digital yuan wallets issued in China has risen from 24.5m in July to 140m as of October, an increase of nearly 600%, the People’s Bank of China’s Mu Changchun has revealed. More