Contactless payments key to driving public transport use Visa survey reveals

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More than nine in ten public transport users worldwide expect to be able to make contactless fare payments when travelling on public transport (94%) and more than four in ten identify the ability to make contactless fare payments as a key factor in encouraging their use of public transportation (41%), according to Visa’s 2023 Future of Urban Mobility survey... More



Johnnie Walker uses NFC to let consumers access immersive digital Singapore experience at Changi Airport

Johnnie Walker Blue Label Cities of the Future bottles with NFC tags for immersive digital experience

Consumers visiting a Lotte Duty Free store at Changi Airport in Singapore can access an immersive digital experience that brings to life the country as it might be in the year 2220 by tapping an NFC chip embedded in limited edition bottles of Johnnie Walker Blue Label Cities of the Future whisky with their mobile device... More







What's New in Payments

BIS reports on CBDCs in emerging markets

BIS graph showing motivations for CBDC projects in emerging market economies

Providing a cash-like digital means of payment, increasing private digital payment services, supporting financial inclusion and achieving greater payment system efficiency are among the key motivations driving initiatives to develop central bank digital currencies (CBDCs) in emerging market economies around the world, according to a Bank for International Settlements (BIS) report... More