Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. The chip does not affect the price of processing payments.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

Finextra

APRIL 22, 2024

EC antitrust regulators are set to approve an offer from Apple to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers, according to Reuters.

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Contactless Payments CHIPS Payments Regulations 130

The Fintech Times

DECEMBER 19, 2023

JCB International Co has extended its collaboration with global financial technology leader FIS and its merchant solutions business, Worldpay from FIS, to enable ‘JCB Contactless’ for its UK merchants – becoming the largest JCB contactless deployment in the UK to date.

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Contactless Payments Point-of-Sale (POS) Payments EMV 64

Finextra

JANUARY 19, 2024

Apple has moved to head off European Commission antitrust charges by offering third-party party providers access to the NFC chip technology that enables iPhone users to make contactless payments.

Contactless Payments 84

Contactless Payments CHIPS Payments Technology 84

PYMNTS

OCTOBER 14, 2019

Finance shows that contactless payments in the country continue to grow. In fact, almost 50 percent of all debit card payments are contactless. According to payment gateway NMI, just 3 percent of payments in the U.S. don’t rely on swiping or chip card readers. New data from U.K. billion ($63.8

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Contactless Payments Debit Card CHIPS Credit Cards 58

PYMNTS

OCTOBER 14, 2019

Finance shows that contactless payments in the country continue to grow. In fact, almost 50 percent of all debit card payments are contactless. According to payment gateway NMI, just 3 percent of payments in the U.S. don’t rely on swiping or chip card readers. New data from U.K. billion ($63.8

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Contactless Payments Continuity Debit Card CHIPS 49

PYMNTS

OCTOBER 1, 2019

From barter, to cash, to eCommerce, and now, to contactless payments – even those enabled by voice command. The steady drumbeat of tech has brought purchasing from bills and coins to cards and contactless payments – done across all manner of devices and through pushes, taps, swipes and waves, at any time. percent; the 42.2

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Contactless Payments Consumer Payments Push-to-Card 56

PYMNTS

MAY 22, 2019

We are talking about consumer acceptance of contactless payments in the U.S. specifically, the use of such payments for mass transit in New York City. transit agency to implement contactless payments using Visa’s global transit framework. The ongoing push toward more contactless payments in the U.S.

Contactless Payments 68

Contactless Payments Push-to-Card Payments EMV 68

PYMNTS

DECEMBER 21, 2020

Although the wagons have begun to circle more publicly and more recently on Apple and its payments stance — given the very public lawsuit over in-app purchases — large-scale efforts to challenge Apple’s position on allowing anyone other than Apple access to the NFC chip haven’t gotten much media bandwidth. 23-25, 2020.

CHIPS 91

CHIPS NOV Online and Mobile Banking Contactless Payments 91

PYMNTS

JULY 6, 2018

Generating year-on-year growth of nearly 4 percent, Smart Payment Association (SPA) data indicates that 2.3 billion payment chip cards were shipped worldwide in 2017. had soared the global demand for smart payment cards by as much as 34 percent, an SPA report found in 2016. The news comes as the shift to EMV in the U.S.

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Chip Cards CHIPS EMV Contactless Payments 44

FICO

JUNE 8, 2017

As new countries such as those in the Nordics embrace contactless payments, people are asking about the impact on fraud. The good news is that contactless doesn’t appear to increase fraud. First-party fraud is one of the most prevalent, growing and insidious forms of fraud in a mature EMV (chip issuance) market.

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Contactless Payments Risk CHIPS Payments 58

PYMNTS

MARCH 27, 2017

As card swipes turned to chip insertions across the U.S., Recently, to combat long lines and payments fatigue, financial, merchant service and mobile payment company Square rolled out a firmware update to its chip payment terminals. lines got longer and customers got more frustrated.

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CHIPS Chip Cards Push-to-Card Debit Card 41

PYMNTS

DECEMBER 19, 2018

19) that it is supplying Intesa Sanpaolo, the Italian bank, with what it said is the first Mastercard biometric contactless payment card. In a press release , Gemalto said it will test an EMV contactless biometric card for Europe via a pilot program backed by Intesa Sanpaolo and Mastercard.

Contactless Payments 59

Contactless Payments Visa EMV Enrollments 59

Fintech Finance

JUNE 18, 2024

Within this total: The number of contactless debit card transactions (1.364 billion) was 5.3 The number of contactless credit card transactions (225 million) was 9.3 This means contactless payments accounted for 76 per cent of all debit card transactions and 63 per cent of all credit card transactions made during March 2024.

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Debit Card Credit Cards Contactless Payments CHIPS 98

PYMNTS

JUNE 8, 2017

Apple will enable third-party app developers to get access to the NFC chip inside the iPhone 7 and the iPhone 7 Plus via the iOS 11 that is coming soon. According to a report , Apple Pay had been the only service allowed to use Apple’s near-field communications chip that enables contactless payments.

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CHIPS Contactless Payments Venmo P2P 51

PYMNTS

DECEMBER 23, 2016

We posed the same question to each executive: If you had to answer the question, Payments was the year of …, how would you answer, and how does your answer change your world — and the world of payments,more broadly? Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip.

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CHIPS EMV Payments Contactless Payments 53

Payments Source

MARCH 26, 2018

Microchip implants could be considered the ultimate form of mobile payment — skipping the smartphone altogether in favor of giving people bionic abilities. And a small segment of the population is already lining up to try it out.

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CHIPS Mobile Payments Payments Contactless Payments 168

Fintech Finance

DECEMBER 19, 2023

In 2023, almost 20% of Worldpay Point of Sale (POS) systems in the UK are now equipped to accept JCB contactless payments. As part of JCB’s mid-term plan, the next stage will see JCB Contactless enabled across on the remaining 80% of Worldpay terminals across the UK, with full rollout expected to be completed by the end of 2024.

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Point-of-Sale (POS) Contactless Payments EMV CHIPS 52

Stax

NOVEMBER 13, 2023

Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. And the winner of the 2010s and beyond is the NFC-powered, contactless sensation that is tap-to-pay. Contactless payments became a must-have during COVID.

Contactless Payments 88

Contactless Payments Push-to-Card Encryption Online and Mobile Banking 88

PYMNTS

FEBRUARY 1, 2017

customers using contactless payments to make purchases, AIB announced that it will continue to waive transaction fees for purchases of $30 or less. to charge for contactless payments is Bank of Ireland. We don’t currently charge a transaction fee for contactless as it’s waived,” a company spokesperson told Newstalk. “We

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Contactless Payments Transactions Payments Card Association 40

Clearly Payments

MARCH 22, 2024

Consumers, increasingly tech-savvy and seeking convenience, have readily embraced the swift and seamless nature of mobile payments over traditional methods. 51% of smartphone users in the USA have engaged in contactless payments at least once in 2023. smartphone users had engaged in contactless payments at least once in 2023.

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Contactless Payments Online and Mobile Banking Mobile Payments Payments 105

Fintech Finance

FEBRUARY 5, 2024

This advancement aligns with the growing trend towards contactless payments, providing a secure and convenient option for both merchants and customers. Integrating Nearpay’s ‘Tap to Phone’ technology into PayTabs Touch is a game changer, streamlining payments for businesses and offering users a modern, secure option.

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Contactless Payments Payments Encryption CHIPS 52

The Paypers

APRIL 24, 2023

Neobank Viva Wallet has partnered with Elo to enable merchants to accept Chip & PIN and Tap-on-Phone contactless payments with one device.

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Contactless Payments CHIPS Payments 36

The Fintech Times

JULY 17, 2024

For four years, Apple has been making its case to the EU that it is not monopolising the payments and technology markets by restricting who can use its tech. In order not to face heavy fines, Apple has allowed its rivals access to its tap-and-go payments technology through its NFC chip, free of charge.

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Card Issuer Payments Contactless Payments CHIPS 116

Neopay

JUNE 24, 2024

This means contactless payments accounted for 76 per cent of all debit card transactions and 63 per cent of all credit card transactions made during March 2024. The total value of contactless transactions was £25.1 Total spending across all cards, including contactless, online and chip and pin was £75.8

Debit Card 52

Debit Card Credit Cards Contactless Payments CHIPS 52

PYMNTS

NOVEMBER 2, 2016

Contactless credit cards have seen a slow rate of adoption in the U.S., but that may all change thanks to the continuing rollout of chip cards and new payments in terminals around the country. According to a report by The New York Times , use of mobile wallets, including Apple Pay and Samsung Pay, is also growing in the U.S.

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Contactless Payments Debit Card Chip Cards Credit Cards 76

PYMNTS

APRIL 11, 2019

In the United Kingdom, Bristol is a leader in contactless payments and could be one of the country’s “first cashless cities,” BristolLive reported. When a participant becomes ill, members chip in evenly to each payment. While there aren’t upfront payments or premiums, Ant has an 8 percent administrate fee for each payout.

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Contactless Payments Payments CHIPS Participant 43

Payments Source

JANUARY 31, 2017

The EMV migration includes support for chip cards and NFC contactless payments, giving banks room to compete in the contactless payments market just in time for wearables to take off.

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Issuers Chip Cards Contactless Payments EMV 60

PYMNTS

JUNE 6, 2019

has been slower to adopt contactless payments than other parts of the world, Europe in particular. According to payment gateway NMI, just 3 percent of payments in the U.S. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. However, the U.S. In the U.S.,

Contactless Payments 56

Contactless Payments Chip Cards EMV Card Issuer 56

Clearly Payments

MARCH 28, 2024

It accepts a wide range of payment methods, including contactless, chip, and magnetic stripe cards. One of the standout features of Clover Flex is its ability to run third-party apps, allowing businesses to customize their payment processing experience according to their specific needs.

Credit Cards 104

Credit Cards CHIPS Point-of-Sale (POS) Debit Card 104

The Fintech Times

APRIL 8, 2024

SUNRATE , a Singapore-based payment and treasury management platform, is bringing Apple Pay to its customers, offering a safer, more secure and private way to pay, and using the iPhone’s power to protect each transaction. Now, SUNRATE customers can use an iPhone or Apple Watch at payment terminals to make contactless payments.

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Credit Cards PCI DSS Commercial Card Treasury Management 59

Fintech Finance

APRIL 8, 2024

. “More and more businesses seek out for the same degree of convenience and security that they enjoy in their everyday personal transactions – therefore, even though we are known to be a global B2B payment platform, we’re thrilled to bring Apple Pay to our customers,” said Qincheng Wang, Head of Product, SUNRATE.

Credit Cards 52

Credit Cards PCI DSS Commercial Card Contactless Payments 52

Finovate

AUGUST 28, 2024

Founded in 1994, Shift4 offers a range of in-person and online payments solutions, including physical point-of-sale, mobile ordering, and contactless payment solutions. The company’s clients include Nike, Marriott, 7/11, Wendy’s, Best Western, Texas Roadhouse, and others.

Acquirers 59

Acquirers Point-of-Sale (POS) Fraud Prevention Contactless Payments 59

PYMNTS

MAY 28, 2018

Apple is reportedly gearing up to allow third-party developers to get full access to the Near-Field Communications (NFC) chip in the iPhone with iOS 12. Some hotels already support contactless activation of doors with an iPhone, but only via Bluetooth technology, which is less secure than NFC.

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Use Case CHIPS Contactless Payments Security 66

Payments Source

MARCH 8, 2017

After two years of development and fundraising, Kerv Wearables says it is launching the Kerv Ring as a contactless payment device using a Mastercard prepaid account and the card brand's EMV chip technology.

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Visa Contactless Payments EMV CHIPS 60

PYMNTS

JANUARY 18, 2021

Infineon Technologies , which works as a semiconductor manufacturer, is doing away with employee identification cards at its Germany headquarters and instead implementing a new smart card solution that combines office building access and Mastercard contactless payments capabilities, according to a FinTech Intel report.

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Visa Payments Contactless Payments EMV 108

The Paypers

MAY 24, 2021

UK-based fintech Digiseq has announced enabling the use of wearables through a mobile app that can turn any NFC chip-embedded object into a contactless payment device.

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Contactless Payments CHIPS FinTech Payments 31