Issuers to adopt common QR code for payments in Singapore from 2018

Common Singapore QR code to be rolled out next year — Channel News Asia — “A common Singapore Quick Response Code (SG QR) will be rolled out and adopted by payment service providers in Singapore next year, the Monetary Authority of Singapore (MAS) said on Monday… Payment services providers in Singapore have also committed to update their mobile payment apps for consumers to read the SG QR. The newly announced NETS QR will be part of SG QR as will other payment service providers such as Singtel Dash QR.”


UK supermarkets to test face recognition for proof-of-age at self-checkout tills

Supermarket self-service tills replace ID checks with facial recognition — The Telegraph — “The technology will be used to remove in-person age checks when customers are buying alcohol and other age restricted items… Using Yoti at a self service till would involve a QR code showing up on the checkout screen, which could be scanned by the app. The Yoti app would then scan the shopper’s face to confirm their identity, and would then connect to the till over the internet to verify the purchase.”


Pinterest rolls out QR-like Pincodes for stores, brands and magazines

Introducing Pincodes! Discover ideas from brands and publishers — Pinterest — “Nordstrom will now feature Pincodes throughout select stores. When you come across one, just pull out your Pinterest app to unlock a little inspiration, like Nordstrom’s carefully curated Gifts Under $100 board. You’ll also start seeing Pincodes on products from Kraft Heinz (just imagine the recipes you’ll turn up!), in select Home Depot stores, from auto companies like Kia’s exhibit in the LA Auto Show and throughout the December issue of Real Simple.”


China UnionPay tests NFC and QR transit payments

Public transport alliances set to boost UnionPay — China Daily — “In the first 19 cities where UnionPay pilot mobile payment applications will be used in public transportation, UnionPay provides users with comprehensive solutions including mobile phone QuickPass, bankcard QuickPass and QR code payment… According to Ge Huayong, president of UnionPay, more than 40 banks now accept UnionPay’s QR code payment transactions and an additional 60 or so banks are testing their systems.”


eMarketer raises mobile payments forecast for China

eMarketer projects surge in mobile payments in China — eMarketer — “eMarketer has raised its projections by more than 86% for 2017, and now expects 461.4 million people in the country to use a phone to pay at the POS… By 2021, 79.3% of smartphone users will be tapping, scanning and swiping at the POS. By comparison, the US will have 31% of users doing so, and that figure will be 23% in Germany.”


Taxi hailing app Grab targets Asian mobile payment market

Grab starts mobile wallet service at hawker stalls in Singapore — Bloomberg — “Grab will enable its four million users in the city-state to scan a quick response, or QR, code to pay for local dishes such as chicken rice and prawn noodles at hawker stands around the country. Grab plans to increase the number of small merchants accepting GrabPay from 25 to 1,000 by the end of December… The five-year-old startup plans to roll out mobile wallet services across the region next year, according to co-founder Tan Hooi Ling.”


Google reports 7.5m users of its Tez audio QR mobile payments app

Edited transcript of Alphabet earnings conference call — Yahoo Finance — “To help millions of people, we are building products specifically designed for local markets in Asia. In India last month, we launched Tez, a mobile payments and commerce app that already has more than 7.5 million users who have made more than 30m transactions. I’m really excited about the potential this brings for India’s mostly cash-based economy.”



Singapore banks begin rollout of NetsPay NFC and QR mobile wallet

NetsPay mobile wallet available for download — The Straits Times — “Nets users can now leave their physical ATM cards at home. They can also ditch multiple mobile apps that provide similar payment functions. The NetsPay mobile wallet — which can digitise the credit, debit and ATM cards of six banks here — is currently available for download…. The app lets users pay through their digital Nets cards with just a tap of their mobile phone, or by scanning a QR code at merchants that accept the service — without encumbering users with the need to download multiple mobile apps.”


Seamless considers sale or closure of Seqr mobile payments service

Seamless considers re-alignment for sustainable growth — Seamless — “The proposals that are up for considerations are the following: Phasing out of the B2C offering Seqr, and a renewed focus on B2B offerings, where traction is both strong and accelerating. Phasing out the B2C offering Seqr would preferably be made in the form of a sale or winding-down. To fund the growth of B2B, and exit costs of B2C, the board considers to propose the launch of a rights issue, to be completed before year-end 2017.”


Japanese banks get go ahead for digital currency launch

Japan’s big banks plan digital currency launch — Financial Times — “A consortium of banks, led by Mizuho Financial Group and Japan Post Bank, has won support from the country’s central bank and financial regulator to launch the J Coin, an electronic currency to pay for goods and transfer money using smartphones. The J Coin would be convertible into yen on a one-to-one basis, operating via a smartphone app and using QR codes to be scanned in stores.”


Banks back government-led Taiwan Pay QR payments service

Banks offer ministry’s Taiwan Pay services — Taipei Times — “Taiwan Pay aims to provide more convenient, quicker payment services using QR code technology via smartphones, which have become a necessity in daily life,” deputy minister of finance Su Jain-rong told a news conference… The ministry spearheaded the development of Taiwan Pay to help the nation become a regional technology hub and to compete with Apple Pay, Samsung Pay and Android Pay.”



New interactive technology to trace your food from field to fork

New interactive technology to trace your food from field to fork — Soil Association — “Using three types of labels and identifiers; barcode, QR code and NFC tags, shoppers simply scan or hover their smart phones to find out the unique journey behind their food. This includes information about its origin, ingredients, and any special attributes such as organic, gluten-free, dairy-free etc. Photos of the product’s creation, as well as farmer or producer profiles can be viewed too.”



New Little Caesars Reserve-n-Ready service transforms the way customers pick up pizza

New Little Caesars Reserve-n-Ready service transforms the way customers pick up pizza — Little Caesars — “Customers just place an order and pre-pay via the Little Caesars mobile app. The app will notify the customer when the order is ready. When the customer arrives at the store, they skip the line and go directly to the Pizza Portal and input a three-digit pin or scan a QR code. Then, the door on the customer’s secured compartment opens, and they take their hot, fresh order.”






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