The number of credit cards issued via digital card issuance platforms worldwide will rise from 120m in 2023 to more than 320m by 2027, according to a Juniper Research forecast... More
More than 50% of all payments made with physical or digital payment cards issued to customers of South Africa’s First National Bank (FNB) are now contactless, the bank reports... More
The Central Bank of Jordan (CBJ) has increased the limit for individual contactless transactions made without a PIN from 55 Jordanian dinars (US$77) to 100 Jordanian dinars (US$141) and doubled the country’s daily contactless limit from 150 Jordanian dinars (US$212) to 300 Jordanian dinars (US$423)... More
Russel Luis E Fernandes, head of product for card present payments at European omnichannel payments leader Trust Payments, will share the lessons learned from developing a software-only POS solution for large and small merchants across Europe at NFCW’s next Contactless World Congress event on 21 February... More
Apple users with accounts at two Russian banks will soon be able to attach an NFC payment sticker to the back of their iPhone that enables them to make contactless payments for goods and services with their smartphone... More
Customers of Qatar National Bank (QNB) can now authenticate contactless payments for purchases at merchants in Qatar using their face and without needing to use a physical payment card or smartphone... More
The Central Bank of Bangladesh is trialling an interoperable payments system that will enable customers of more than 15 major banks and payment service providers to pay for their purchases by scanning a standardized QR code at a participating merchant’s point of sale with their smartphone... More
Samsung Wallet will soon go live in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore and Taiwan, enabling users to store and use digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More
EXHIBITOR NEWS: Contactless card innovator ThothTrust has opened a booth in the NFCW Expo, showcasing its range of next-generation contactless cards containing displays, keyboards, fingerprint readers, and more... More
More than six in ten card payments made at the point of sale (POS) across European countries within the eurozone are now contactless (62%) compared with just over four in ten in 2019 (41%), a European Central Bank (ECB) survey reveals... More
Just over half of UK consumers believe that the growing popularity of digital payments is making physical wallets irrelevant (51%) and one in five say they do not expect to carry a wallet or purse within five years (21%), a figure that rises to 38% among millennials, according to a Mastercard survey... More
PARTNER NEWS: Dejamobile has added support for pre-authorizations to its white label softPOS solution, making it possible for merchant service providers, acquirers and payments facilitators to provide hotels, car rental agencies and other merchants with the ability to accept contactless transactions that include a pre-authorization element on a standard Android NFC phone... More
McDonald’s is testing an automated contactless system at an outlet near Fort Worth in the US state of Texas that enables customers to order, pay for and collect food and beverages prepared by staff in the outlet’s kitchen from a conveyor belt without needing to use a conventional checkout or pick up their orders from a front-of-house employee... More
Customers of Abu Dhabi Islamic Bank (ADIB) can now make tokenized contactless payments using a range of wearables, including a contactless payments ring and a clasp with an embedded contactless payments chip that they can attach to a watch, bracelet or other wearable accessory... More
Lapland-based festive cheer provider Santa Claus may be leveraging NFC technology across multiple use cases including vehicle access, identity verification and contactless payments for last-minute purchases in order to facilitate the global distribution of seasonal gifts over the Christmas period, images released by the NFC Forum suggest... More
The European Commission has selected four proposals for large-scale pilot programmes to test the European Digital Identity Wallet across multiple use cases, including in-store, online and cross-border payments, travel, ecommerce, access to services and credential verification... More
More than eight in ten payment terminals worldwide now accept contactless payments (82%) as the number of outlets accepting card payments globally grew by 2% in 2021 to reach 88m and the number of eftpos terminals increased by 5% to reach 134m, according to research from RBR... More
PARTNER NEWS: Dejamobile has added support for tips to its white-label SoftPOS solution, making it possible for merchant service providers, acquirers and payments facilitators to provide restaurants, hairdressers and other merchants with the ability to accept contactless payments that include a gratuity on a standard Android NFC phone... More
The Reserve Bank of India (RBI) is this week launching a pilot scheme in four Indian cities to test the retail version of its prototype central bank digital currency (CBDC) for both in-store and peer-to-peer transactions, the central bank says... More
Apple Pay will begin a limited pilot rollout in South Korea this week, initially for online payments and with offline payments to follow, according to advertisements seen in the capital Seoul and reported by local media outlets... More