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




PayPal One Touch expansion

PayPal has extended its One Touch mobile payments solution to 13 new markets: Australia, Austria, Belgium, Denmark, France, Germany, Netherlands, Norway, Poland, Spain, Sweden, Switzerland and Turkey... More



Norwegian carriers pick Amdocs for mobile payments

Strex, the mobile payments joint venture between Norwegian carriers Telenor, TeliaSonera and Tele2, has selected software and services provider Amdocs’ Mobile Financial Services solution to “consolidate the operators’ multiple SMS-based payment systems into one” mobile wallet... More


Zwipe reports biometric card pilot results

Four in ten (42%) of the 200 cardholders who took part in a trial of Zwipe’s biometric payment card conducted by Norway’s Sparebanken say they think the fingerprint security solution is more secure than using a PIN code to verify a transaction... More





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