Apple Pay is the most popular payments app with Generation Z teenagers in the USA, followed by Venmo in second place, Square’s Cash App in third and PayPal fourth, according to a survey published by Piper Sandler investment bank... More
Payments
National Bank of Iraq to trial biometric payment cards
The National Bank of Iraq is to pilot biometric payment cards that will allow users to authenticate contactless transactions with their fingerprints... More
Dubai merchants to let customers make payments with face biometrics
Consumers in Dubai in the United Arab Emirates will soon be able to make contactless payments with their face at branches of Costa Coffee, drinks retailer MMI, grocery chain Géant, the Cove Beach at Caesars Palace beach club and the Coca-Cola Arena Dubai... More
Uber to integrate train, coach and plane tickets into UK app
Uber is to enable users in the UK to purchase train, coach and plane tickets for long-distance journeys within its mobile app as part of a plan to create a ‘superapp’ that offers “a one-stop shop for travel”... More
Apple Pay goes live in Moldova
Apple Pay has launched in Moldova with support for Mastercard and Visa cards issued by Maib, Moldindconbank and Victoriabank... More
Qatar to roll out contactless fare payments across metro, bus, tram and taxi services
Qatar’s Ministry of Transport and Communications is to roll out an automated fare collection system as part of its Sila multimodal public transportation project that will enable passengers to make contactless payments for metro, bus, tram and taxi journeys with their debit or credit card, their Sila transit card or from their mobile device... More
Jamaica begins central bank digital currency rollout
Residents of Jamaica can now open a digital wallet that supports the country’s Jam-Dex central bank digital currency (CBDC) as the Bank of Jamaica (BOJ) prepares to launch the CBDC during the April to June quarter... More
Contactless P2P payments to drive adoption of digital euro, central bank survey finds
European consumers consider the ability to make instant contactless payments, including person-to-person transfers, to be a priority and “a very important selling point” for a digital euro, according to European Central Bank (ECB) research... More
Apple to enter payment processing market?
Apple has launched a project to develop its own payment processing technology and infrastructure for future financial products and services including buy now, pay later instalment payments for Apple Pay, credit checking and risk assessment, according to media reports... More
Google Pay lets users in India make contactless mobile payments directly from their bank account
Google Pay users in India can now choose to make in-store mobile payments with their Android NFC smartphone directly from their bank account using the country’s Unified Payment Interface (UPI) real-time mobile payments service... More
Apcoa lets drivers make contactless parking payments from their cars at 1.5m spaces across Europe
Drivers can now enter and exit Apcoa car parks in 13 European countries and make in-car payments for their parking via their vehicle’s infotainment screen without needing to collect a ticket or stop at a pay station... More
Automated kiosk lets customers order contactless burgers in New Jersey
Consumers in Newark, New Jersey, in the US can now purchase “contactless burgers” that have been cooked by a robot from an automated kiosk in the Newport Centre shopping mall... More
New EU law to force Apple to open up its NFC chip?
Negotiators from the European Parliament and the European Council have provisionally agreed the text of a Digital Markets Act (DMA) that will obligate “gatekeeper” technology companies such as Apple and Google to “allow app developers fair access to the supplementary functionalities of smartphones (eg NFC chip)”... More
Apple Pay and Google Pay suspend contactless mobile payments for Mir cardholders in Russia
Apple Pay and Google Pay are suspending support for contactless mobile payments made using Mir cards issued by Russia’s National Payment Card System (NSPK)... More
Bangladesh switches on support for contactless debit and prepaid cards
The central bank of Bangladesh has announced that it has added approval for contactless debit and prepaid card payments in a circular that also sets a PIN-free transaction limit of Tk3,000 (US$35) and requires card issuers to notify customers of each transaction via SMS... More
Hindu temples pilot contactless payments in India
Devotees will soon be able to make contactless offerings and other charitable payments at some 536 Hindu temples across India using a QR code-based payment system being piloted by the Hindu Religious and Charitable Endowments Department... More
MBTA to add open loop contactless ticketing and digital transit card
The Massachusetts Bay Transportation Authority (MBTA) in the US is to expand its fare payments system to enable passengers to pay for their journeys with a contactless credit card, mobile wallet or a digital version of their CharlieCard transit card... More
Banks develop interoperable platform for cross-border CBDC transactions
The Bank of International Settlements and the central banks of Australia, Malaysia and Singapore have completed a joint project to develop a shared platform that could facilitate direct cross-border transactions between institutions using different central bank digital currencies (CBDCs)... More
RTC adds support for contactless EMV card fare payments
Passengers on Regional Transport Commission of Southern Nevada (RTC) buses in the Las Vegas valley area of the USA can now make contactless fare payments by tapping their EMV payment card on an onboard validator... More
Iraqi bank to pilot biometric payment cards
Customers of Al-Mansour Bank in Iraq will be among the first in the country to be able to trial biometric payment cards that allow them to authenticate contactless payments with their fingerprints... More