PARTNER NEWS: India’s Axis Bank has launched a range of wearable contactless payment devices using technology provided by Thales and Tappy Technologies... More
Contactless
MTA reports on Omny contactless fare payments adoption in New York
Passengers on New York subway and bus services have tapped their contactless bank card or mobile wallet to pay their fares using the Omny open loop fare payment system more than 50m times since the service launched in May 2019, the Metropolitan Transportation Authority (MTA) has announced... More
Feig selects Cilab for EMVCo 3.1a compliance testing
PARTNER NEWS: Payment terminal supplier Feig Electronic has selected Cilab’s ci230 high-speed testing solution to help it meet the demands of the latest EMVCo 3.1a specification... More
Russian supermarkets let customers make contactless payments ‘with a glance’
Customers at more than 50 branches of Russian food retail group X5’s Perekrestok supermarkets can now pay for their purchases at self-checkout devices “with a glance” using a biometric payments solution that uses 3D face recognition technology... More
Chinese banks issue digital yuan wallets to Shanghai customers
Some 8,500 consumers in the Chinese city of Shanghai have been given e-wallets containing digital yuan as part of the country’s ongoing pilot scheme for its central bank digital currency (CBDC)... More
Paytm lets Indian merchants accept contactless payments on NFC phones
Merchants in India can now use a standard Android NFC smartphone to accept contactless payments using a software point of sale (sPOS) solution being rolled out by mobile payments giant Paytm... More
Amex to offer Prada payments bracelet to Centurion members
Holders of an American Express Centurion card will soon be able to make purchases by linking their card to a wearable contactless payments chip embedded in a leather bracelet created by Italian fashion house Prada... More
Amazon opens its first cashierless store outside US in London
Amazon has opened its first cashierless grocery store outside the US on London’s Ealing Broadway, enabling consumers to access the store and pay for their purchases by downloading a QR code to their mobile device and scanning it at the shop entrance... More
Moscow Metro to pilot face biometrics for transit ticketing payments
Moscow Metro is to test a contactless ticketing system that enables passengers to pay their fares using facial recognition payment technology to verify their identity... More
UK to more than double contactless spending limit to £100
The UK is to increase the limit for contactless transactions from £45 (US$63) to £100 (US$140), the UK Treasury has announced... More
Sofia rolls out single journey QR mobile tickets across public transportation network
Public transport users in Sofia can now buy and store single journey QR code e-tickets on their mobile device which they can validate for travel on metro, bus, tram and trolleybus services across the Bulgarian capital’s transit network... More
Mobile wallet transaction volumes overtake cash payments in stores
Contactless in-store payments made with a mobile wallet worldwide exceeded in-store cash payments for the first time during 2020, new research reveals... More
National QR payments and rewards system to be launched in Australia
Australia’s Eftpos national debit card system is to launch a QR code-enabled mobile payments and rewards network that will enable “seamless payment experiences across ecommerce, mobile and point of sale”... More
Russian carriers seek digital ruble mobile wallet role
Russian mobile network operators Beeline and MegaFon are looking to develop digital wallets for smartphones and other mobile devices that will support the central bank digital currency (CBDC) which is being developed by The Central Bank of Russia (CBR)... More
Ottawa tests tap-to-pay contactless ticketing on light rail network
Passengers travelling from Ottawa’s Rideau Station can now purchase single-ride adult fares on the Canadian capital’s light rail transit network by tapping to pay with their credit card or mobile wallet at a pilot touchless entry gate... More
UBS forecasts widespread adoption of biometric payment cards
Biometric payment cards containing a built-in fingerprint sensor could generate more than US$5bn in global banking revenue and account for 15% of the market by 2026, according to a forecast by analysts at Swiss bank UBS... More
Mastercard and Island Pay launch CBDC-linked prepaid card in the Bahamas
Citizens of the Bahamas can now pay for goods and services using a prepaid card that supports the country’s Sand Dollar central bank digital currency (CBDC)... More
Postal Savings Bank of China trials biometric cards for digital currency payments
Chinese consumers taking part in the large-scale testing of the country’s central bank digital currency (CBDC) in Beijing over the Chinese New Year period are trialling a biometric ‘hard wallet’ card developed by the Postal Savings Bank of China... More
Delhi Metro to roll out mobile and contactless ticketing across entire network
Delhi Metro Rail Corporation (DMRC) is to implement an upgraded contactless ticketing system across its entire network, enabling passengers to pay for their journeys via QR, an EMV bank card or a RuPay-enabled National Common Mobility Card (NCMC)... More
Japanese convenience store trials face and palm biometrics for checkout-free shopping
The Green Leaves+ shop-and-go store in the Yokohama Techno Tower Hotel in Japan is piloting a biometrics-enabled checkout-free service that allows customers to enter the store by verifying their identity with just their face and a swipe of their palm... More