Passengers using metro services in the Indian city of Chennai will soon be able to make contactless fare payments with their open loop National Common Mobility Card (NCMC) rather than with a prepaid transit card... More
Cashless
Interac reports surge in contactless in-store mobile transactions in Canada
Transaction volumes for contactless in-store mobile payments made using an Interac debit card stored on a consumer’s smartphone have increased by 53% between August 2022 and July 2023, the Canadian domestic debit card network provider has revealed... More
Google Wallet goes live in Colombia
Google Wallet has launched in Colombia, enabling users to store and use their credit and debit cards, boarding passes, tickets and other digital credentials on their Android NFC smartphone, Wear OS smartwatch or Fitbit device... More
Tokyo to test open loop contactless fare payments on rail and subway services
Tokyo Metro and Tokyu Corporation are to test enabling passengers on subway and rail services in and around the Japanese capital to make contactless fare payments with their debit or credit cards rather than a proprietary transit card, according to local media reports... More
Toronto gets open loop contactless fare payments
Toronto Transit Commission (TTC) in Canada has added support for open loop contactless fare payments, enabling passengers travelling on streetcars, buses and Wheel-Trans para-transit vehicles in the city to pay fares with a tap of their physical or digital credit or debit card... More
Brazil’s central bank lays out reasons for developing CBDC
The central bank digital currency (CBDC) that Brazil’s central bank is to pilot for retail payments in stores is to be called Drex and will be “a step forward in democratizing access for individuals and entrepreneurs to the benefits of the digitalization of the economy”, the Banco Central do Brasil (BCB) has announced... More
Apple Tap to Pay on iPhone goes live in the Netherlands
Merchants in the Netherlands can now use their Apple iPhone to accept contactless payments without needing any additional hardware... More
QR code payments to top 90bn in SE Asia by 2028
The total number of QR code payments made in SE Asia will reach 90bn by 2028, up from a total QR code transaction volume in the region of 13bn in 2023, according to a forecast by Juniper Research... More
Moscow Metro to trial digital ruble for fare payments
Moscow Metro is to pilot the use of Russia’s digital ruble for fare payments as part of the Central Bank of Russia’s real-world testing programme for the central bank digital currency (CBDC)... More
Catholic diocese reports on contactless donations adoption
More than £650,000 (US$828,320) of charitable donations have been made to 44 church parishes across The Catholic Diocese of Arundel and Brighton in the UK using contactless cards since the diocese introduced contactless giving terminals in 2019... More
More than 93% of card present payments worldwide were made using EMV chip cards in 2022
Just over 93% of card present transactions worldwide were made using EMV chip-enabled payment cards during 2022, up from 90.44% in 2021 and 88.55% in 2020, according to standards body EMVCo... More
Seoul Metro to pilot ‘tagless’ Bluetooth fare payments at four subway stations
South Korea’s Seoul Metro is to test a ‘tagless’ fare payment system that will enable passengers to pay for their tickets by walking through a ticketing gate without having to tap a contactless reader with their transit card or smartphone... More
EU mandates contactless payments for EV charging and hydrogen refuelling stations
The European Parliament has approved a new set of rules governing electric vehicle (EV) charging and hydrogen fuelling stations that requires service providers to enable drivers of alternative fuel vehicles to make contactless payments with a card or mobile device without needing a subscription when charging or refuelling... More
Nigeria adds support for NFC payments using eNaira CBDC
The Central Bank of Nigeria (CBN) is enabling consumers and merchants to use their smartphone to make and receive contactless in-store and P2P payments with the country’s eNaira central bank digital currency (CBDC) using NFC, even if they are offline, according to local media reports... More
Russia adopts law enabling start of real-world test of digital ruble
Russia could start testing the use of the digital ruble in real-world transactions as early as this month following the adoption of a law that ratifies the issuance and use of the central bank digital currency (CBDC) using a platform operated by the Central Bank of Russia... More
Chinese mobile payment giants add support for credit cards issued overseas
Visitors to China can now link their international credit cards, including cards issued by Visa, Mastercard, JCB and Discover, to an Alipay or WeChat Pay digital wallet and use them to make payments for goods and services at merchants across the country... More
New York’s Omny system tops 1bn taps for contactless fare payments
Passengers on New York’s subway and bus services have now tapped their contactless bank or transit card, smartphone or wearable device to pay fares using the Omny open loop fare payment system more than 1bn times since it launched in May 2019, the Metropolitan Transportation Authority (MTA) reports... More
One in five Brits now prefer using their mobile phone to make payments in stores
One in five UK consumers (20%) prefers using mobile payment services such as Apple Pay over cash (17%) or chip & PIN card payments (10%) for in-store purchases, a survey has revealed... More
Apple Pay goes live in Morocco
Apple Pay has launched in Morocco with support for debit and credit cards issued by Crédit Immobilier et Hôtelier (CIH) and Groupe Crédit Agricole du Maroc banks... More
Samsung Wallet lets US students add a campus ID to their Galaxy smartphone
Students with Galaxy smartphones at 68 colleges, universities and higher education institutions across the USA can now add a digital version of their student identity card to Samsung Wallet and use it to access campus buildings and to make contactless onsite purchases... More