Contactless payments across Europe set to rise nine-fold by 2020

RBR

The volume of contactless payments in Europe is forecast to rise almost nine-fold to 12.2bn in 2020 compared to 2014 and account for 13% of all card payments, according to research released by RBR. The number of contactless cards issued is also expected to treble from 2014 to just short of 700m by 2020 — representing more than 40% of the total regional card base. More



Worapay raises funds

Lithuania-based mobile wallet platform provider Worapay has raised €400,000 in new funding from Israel’s Entree Capital, Verslo Zinios reports... More




Monet+ adds Windows logins via NFC

Telefonica and Monet+

Czech smart card specialist Monet+ and mobile network operator Telefónica have teamed up to create ProID+ Mobile, a solution that enables Android phone users to log in to a computer running Windows using credentials stored on the SIM in their NFC phone... More


Telefonica to trial NFC mPOS device

Ingenico's ISMB mobile POS terminal

Mobile network operator Telefonica is to test a mobile point-of-sale device in the Czech Republic that enables payments to be made by NFC phones and contactless cards as well as standard ‘chip and pin’ cards; a “world first” says the carrier. More




Citi debuts Czech stickers

Citibank is to issue contactless payment stickers to all new customers in the Czech Republic of its Citi Life, Citi Life Metropole, Citi Broker Consulting, Citi Billa and Citi CSA credit cards from February 2013... More




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