Axis Bank has become the first in India to offer merchants the ability to accept NFC, contactless, QR and remote payments on standard smartphones... More
Axis Bank lets Indian merchants accept contactless payments on standard NFC phones
Contactless
Octopus lets Hong Kong commuters add their transit card to iPhone and Apple Watch
Octopus transit card holders can now use their iPhone or Apple Watch to pay their fares and make purchases at 35,000 retail outlets across Hong Kong that accept Octopus for payments... More
Taipei light rail offers 50% discounts to mobile payment users
Passengers travelling on Taipei’s Danhai Light Rail service over the next three months will receive a 50% discount on the usual fare when they choose to pay with their mobile phone, operator New Taipei Metro Corporation (NTMC) has announced... More
ST adds NFC car key reader chip
PARTNER NEWS: ST has added a new NFC reader IC to its digital car key line that complies with the latest Car Connectivity Consortium (CCC) specification and “delivers rapid car-key response and reliable connections over extended distances”... More
Morocco boosts contactless transaction limit by 100%
Morocco’s bank-owned payment acquirer, Centre Monétique Interbancaire (CMI), has raised the contactless transaction limit in the country from 200 to 400 dirhams (US$40) in response to the coronavirus crisis... More
Dejamobile launches white label solution for contactless payments acceptance on standard NFC devices
PARTNER NEWS: Dejamobile has launched a white label solution that enables merchants to be provided with the ability to accept EMV contactless and digital payments on standard NFC phones and tablets — with no additional hardware required... More
Interac reports surge in digital payments adoption
Since mid-March, first-time users of Interac’s e-Transfer service have increased by 43% and the average number of transactions has increased by 9% compared to the same time last year, the Canadian domestic debit card network provider has revealed... More
Bitkom reports major switch in German attitudes to contactless payments
Seven in ten German consumers would now like to have more opportunities to use contactless payments and 75% are trying to avoid cash payments “as often as possible”, a new survey has found... More
PayPal rolls out QR payments to 28 countries around the world
PayPal users in 28 countries across the world are now able to use their PayPal app to make QR code-based mobile payments in stores — and standard seller transaction fees are being waived “for a limited time” for merchants using the new functionality... More
Ghana switches on national instant QR mobile payments platform
The Ghana Interbank Payment and Settlement Systems (GhIPSS) has switched on a QR code-based mobile payments platform that uses a nationally harmonised QR symbol and instantly transfers funds from a consumer’s mobile wallet or bank account to the merchant’s... More
ABI: An extra 110m contactless cards will now be issued in 2020
An additional 110m contactless payment cards will be issued in 2020 compared with pre-Covid-19 forecast expectations, ABI Research predicts, bringing the total in circulation to more than 2bn... More
Israel to increase contactless payments limit by 50%
The contactless payment limit is to be increased from ILS 200 (US$56.35) to ILS 300 (US$84.52) “by the end of 2020”, the Bank of Israel has announced, “in order to improve dealing with the coronavirus pandemic”... More
Three in ten US consumers to use contactless and mobile payments post-pandemic
A new survey has found that 45% of US consumers are now using “a mobile wallet of some type”, 16% are using paper-based currency less than before the pandemic and 31% say will use contactless or mobile wallet payments instead of cash and cheques in the aftermath of Covid-19... More
Decathlon rolls out mobile self-checkout to 81 stores across Germany
Sporting goods retailer Decathlon is rolling out its Scan & Go mobile self-checkout solution to all its stores across Germany, in response to the spread of Covid-19... More
Australia records sharp increase in NFC mobile payments adoption
A total of 10.8% of Australians are now using Apple Pay, Google Pay or Samsung Pay, up from 7.1% a year ago, a new report from market researchers Roy Morgan has found... More
HID Global adds employee IDs to NFC wearables
PARTNER NEWS: HID Global has announced that employee ID card issuers can now use its Seos digital credential technology to let staff use smart watches, watchbands, rings and other devices to gain access to buildings, log in to PCs and cloud applications, make payments at vending machines, and more... More
Contactless payments growth rate doubles in Nordic countries
The contactless payments growth rate in the Nordic region has doubled during the first four months of this year, regional payments processor Nets reports, “as social distancing steers Nordic consumers away from chip and PIN”... More
Amex reports shift in US consumer attitudes to contactless payments
The number of US consumers reporting that they are using contactless payments in stores has increased by 11%, an Amex survey has found. 50% of the surveyed consumers who have used contactless agree that it is safer for their health than using cash. More
NJ Transit pilots contactless ticket vending machines
NJ Transit is replacing 14 of its ticket vending machines (TVMs) with new machines that support contactless cards and mobile payments... More
Survey finds 84% of consumers are ‘thinking differently about how they make payments’
Over half of UK consumers have tried a new payment method since the outbreak of Covid-19 — Paysafe — “In the company’s latest ‘Lost in Transaction’ survey, in which 8,000 consumers globally were asked about their payment habits, findings revealed that 54% of UK consumers have used new forms of payments since the Covid-19 outbreak began, and 84% of respondents globally admitted they were now thinking differently about how they make payments.”