Nexi clippings file • NFCW

European Payments Initiative to pilot digital wallet for instant P2P payments in Germany and France

By Tom Phillips • 28 April 2023 • Updated 28 April 2023

European Payments Initiative digital wallet graphic

The European Payments Initiative (EPI) is to begin piloting a digital wallet that will enable users to make instant person-to-person (P2P) payments in Germany and France as a first step towards rolling out a unified payment system that will support “a comprehensive range of transaction types” across Europe... More

Number of digital payment cards issued globally to top 1.3bn by 2027

By Tom Phillips • 4 April 2023 • Updated 4 April 2023

Jupiter competitor leaderboard for digital payment card issuance platforms

The number of payment cards issued via digital card issuance platforms worldwide will increase from 500m in 2023 to more than 1.3bn by 2027, according to a Juniper Research forecast... More

In-store mobile and wearable transaction values in Italy rise by 122% to hit US$17.5bn

By Tom Phillips • 14 March 2023 • Updated 14 March 2023

Man using his smartwatch to make in-store wearable payment in Italy

Consumers in Italy used their smartphones or wearable devices to make in-store contactless payments worth a total of €16.3bn (US$17.5bn) in 2022, an increase of 122% compared with 2021, according to the Innovative Payments Observatory (IPO) at Milan Polytechnic University... More

European Central Bank to test prototype digital euro payment solutions across key use cases

By Tom Phillips • 19 September 2022 • Updated 19 September 2022

The European Central Bank (ECB) is to trial five prototype digital euro payment solutions to test how front-end user interfaces and back-end infrastructure can be integrated to enable users to make peer-to-peer, point-of-sale and ecommerce payments with the proposed central bank digital currency... More

What's New in Payments

Google Pay goes live in Italy

By Sarah Clark • 19 September 2018 • Updated 19 September 2018

Google Pay has arrived — Google Blog Italia (translation) — “Simply add a credit, debit or prepaid card (Maestro, MasterCard, Visa) issued by any of the supported banks and credit institutions to the Google Pay app — including Banca Mediolanum, Boon, Hype, Nexi, N26, Revolut, Widiba and, in the coming months, Iccrea Banca and Poste Italiane — to turn your Android smartphone into a wallet. Users can also activate the service directly in the mobile banking app of their bank.”

What's New in Payments

Italian merchants to pilot PIN-on-mobile payments

By Sarah Clark • 4 June 2018 • Updated 6 June 2018

Ingenico and Nexi test in Italy an innovative PIN-on-mobile solution compliant with Visa and Mastercard requirements — Ingenico — “With PIN-on-mobile, card owners manually enter their PIN on a non PCI-PTS device owned by a merchant, such as a smartphone or tablet. The transactions are considered as ‘card present’… This solution will be on a six-month trial period and the pilot project will include 1000+ secure card readers (SCR) to read EMV and contactless bank cards.”

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