MuchBetter launches 'free' contactless payments ring
Finextra
JUNE 25, 2024
Wearable paytech provider MuchBetter has launched a contactless payments ring in Italy that is free - as long as users load it with €100 through the associated app.
Contactless Payments Related Topics 
MBTA reports on adoption of contactless payments on Boston’s transit network
NFCW
SEPTEMBER 11, 2024
“As of September 3, riders have tapped a contactless card, phone, or watch over a million times to pay their fares since we launched our contactless payment system on August 1,” the Massachusetts Bay Transit Authority (MBTA) reports.
Contactless Payments: Touch to Pay? Here’s What It Is
Stax
AUGUST 13, 2024
It’s easy to implement contactless payments if you are working with a payment provider who offers the service. Touch to pay (also called tap to pay or touchpay) payment services allow you to make a payment simply by tapping your card, wearable device, or smartphone on a contactless payment terminal.
EMVCo adds reduced range testing process for contactless payments acceptance on standard NFC devices
NFCW
SEPTEMBER 11, 2024
“The quality of the TapToMobile user experience is dependent on NFC read ranges, which determine how close and precisely positioned the payment device needs to be to the acceptance device for payment information to flow,” it adds.
A Study on Contactless Payments by Country
Clearly Payments
SEPTEMBER 16, 2024
Contactless payments market has been growing quickly. As digital infrastructure continues to advance, the ease and speed of contactless transactions are becoming increasingly attractive to consumers and businesses. What are Contactless Payments? Here’s a breakdown of each type and its growing significance: 1.
Stripe, Alaska Airlines to offer in-flight contactless payments
Payments Dive
NOVEMBER 20, 2023
Payments company Stripe said it’s the first time that an airline will use Apple’s contactless payments feature across an entire fleet.
Contactless payment transaction values to double by 2029
NFCW
JUNE 21, 2024
Adoption of softPOS payment solutions by smaller businesses will drive a 113% increase in contactless payment transaction values by 2029, Juniper Research predicts. ” “As access becomes more widespread, users increasingly expect contactless payments; creating a virtuous cycle of increasing use,” they add. .
Circle introduces USDC contactless payments on iPhones
The Paypers
AUGUST 19, 2024
Fintech company Circle , the issuer of the USDC stablecoin, has set out to introduce a feature that will enable contactless payments using USDC on iPhones.
Elavon to Enable Contactless Payments for SEPTA Commuters
Fintech Finance
JUNE 6, 2024
Bank and one of the largest payments processors globally, is partnering with Southeastern Pennsylvania Transportation Authority (SEPTA) to offer contactless payment acceptance from any enabled card or mobile device across transit services. Contactless payments have helped shape the way consumers pay.
One Third of UK Adults Now Use Mobile Contactless Payments
Fintech Finance
JULY 23, 2024
Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 Contactless and mobile contactless payments Usage of contactless and mobile contactless payments continued to increase. billion, up from 45.7 billion in 2022. During 2023, there were 18.3 billion).
Ajman Transport and Visa Collaborate to Implement Contactless Payments on Buses
Fintech Finance
JULY 12, 2024
The Transportation Authority in Ajman and Visa , a global leader in digital payments, have signed an agreement to enable the acceptance of open contactless payments on public transport buses in Ajman, in line with the emirate’s smart mobility goals. The agreement was signed by Eng.
Smart Payment Association reports on growth in contactless payment card shipments
NFCW
JULY 9, 2024
CONSUMER PREFERENCE: Customer demand is driving the uptick in contactless card shipments: Nine in ten of the 3.2bn smart payment cards and modules shipped in 2023 included support for contactless payments “as consumers in all markets embrace touch free payments and tap-to-pay goes mainstream”, the Smart Payment Association reports.
Consumers demand contactless payments for transit: Visa
Payments Dive
JULY 12, 2022
Public transport is expected to become a driver of contactless payment usage, especially as environmentally conscious commuters get on board, suggested a survey by card network company Visa.
Teya Launches Tap to Pay, Enabling Android Phones to Accept Contactless Payments
Fintech Finance
AUGUST 28, 2024
The product allows business owners to accept payments directly with their Android phones, removing dependencies on physical card machines. Being able to accept contactless payments in the UK is highly important, with 85% of people in the country using contactless payments at least once a month (according to UK Finance).
UTP’s tapeeno app Enables Tap to Pay on iPhone for Merchants in the UK to Accept Contactless Payments
Fintech Finance
SEPTEMBER 6, 2024
tapeeno , UTP’s app for micro-merchants, has enabled its merchants in the UK to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or on Apple servers.
Visa Unveils SMB Online Toolkit to Maximize Benefits of Contactless Payments for Vietnamese SMBs
Fintech Finance
JULY 31, 2024
Visa , a world leader in digital payments, is introducing resources to help merchants in Vietnam, unveiling a SMB Online Toolkit, for small and medium-sized businesses to accept and take full advantage of Visa’s digital payment solutions. Globally, Visa’s tap to pay penetration reached 65%, doubling from 20192.
Mastercard Ghana Fintech Forum Advocates Cybersecurity and Contactless Payments to Drive Fintech Growth
Fintech Finance
JULY 30, 2024
Building on the success of last year’s inaugural event, this year’s gathering emphasized the importance of cybersecurity and the growing adoption of contactless payments. The event featured a panel session on “Contactless Payments – The New Paradigm.”
Wearable Paytech Provider MuchBetter Launches Contactless Payment Ring for Free in Italy
Fintech Finance
JUNE 25, 2024
MuchBetter’s contactless payment ring functions just like any other payment device, and can be used to make payments all over the world, anywhere that Mastercard is accepted, just by tapping the ring on the contactless payment terminal. delivery charge to get their hands on the ultra-stylish ring.
Polar introduces Contactless Payment Wristbands Powered by Fidesmo
Fintech Finance
MAY 15, 2024
Polar Electro , the world leader in personal guidance for fitness, sport, and health, has announced a partnership with the pioneering Swedish tech company Fidesmo to introduce a new collection of sports watch wristbands that are enabled for convenient and safe contactless payments.
Waafi by Salaam Bank Taps Paymentology to Enable Somalia’s Contactless Payment Vision
Fintech Finance
AUGUST 1, 2024
This collaboration marks a significant milestone in the region’s financial landscape, introducing digital and contactless payments through Waafi by Salaam Bank’s digital first initiative. They can do more with their mobile money and get access to in-store payment, travel and international payment capabilities.
MBTA to switch on contactless payments across Boston’s public transportation network
NFCW
JULY 17, 2024
.” “Transitioning to this contactless system is a part of the next generation of transportation that our riders deserve,” Transportation Secretary and MBTA CEO Monica Tibbits-Nutt says. MBTA to switch on contactless payments across Boston’s public transportation network was written by Sarah Clark and published by NFCW.
Zindigi introduces contactless payment solution Zindigi Pay
The Paypers
SEPTEMBER 2, 2024
Zindigi has announced contactless payment solution, Zindigi Pay, a payment solution in Pakistan designed for all digital wallets and for both individuals and businesses.
Waafi by Salaam Bank Chooses Paymentology for Contactless Payments in Somalia
The Nilson Report
SEPTEMBER 3, 2024
The post Waafi by Salaam Bank Chooses Paymentology for Contactless Payments in Somalia appeared first on Nilson Report.
Cartes Bancaires begins rollout of new contactless payment card limit
NFCW
JUNE 27, 2024
Cartes Bancaires begins rollout of new contactless payment card limit was written by Sarah Clark and published by NFCW. . “In this new configuration, the PIN code is verified online, directly by the customer’s bank and in real time, in a secure manner,” CB says.
Coronavirus brings lessons to retailers, issuers about contactless payments
Payments Source
APRIL 14, 2020
new data suggests contactless payment transaction volume is rising during the coronavirus outbreak, giving an advantage to banks and merchants that enabled it early. Though NFC adoption is still somewhat patchwork in the U.S.,
How Visa views contactless payments in the coronavirus era
Payments Source
SEPTEMBER 1, 2020
PaymentsSource Senior Analyst Michael Moeser interviews Visa's global head of contactless payments, Dan Sanford, about the factors causing a sharp rise in the use of contactless cards and mobile wallets across the globe.
STC Bahrain integrates Samsung Wallet for contactless payments
The Paypers
MAY 3, 2024
STC Bahrain has expanded its contactless payment options for customers by integrating Samsung Wallet into its services.
Tap to Phone: How contactless payments are fueling a CX revolution
Cardknox
MAY 30, 2024
Table of Contents The rise of contactless payments Understanding Tap to Phone technology The CX revolution and why it matters Tap to Phone and CX enhancement The future of Tap […] The post Tap to Phone: How contactless payments are fueling a CX revolution appeared first on Cardknox.
VezoPay Launches Africa’s First Smart Ring for Contactless Payments
The Nilson Report
JULY 12, 2024
The post VezoPay Launches Africa’s First Smart Ring for Contactless Payments appeared first on Nilson Report.
Elavon to Enable Contactless Payments for SEPTA Commuters
The Nilson Report
JUNE 28, 2024
The post Elavon to Enable Contactless Payments for SEPTA Commuters appeared first on Nilson Report.
Big Issue vendors accept contactless payments directly on NFC smartphones in the UK
NFCW
DECEMBER 11, 2023
SOFTPOS: The refurbished NFC phones enable vendors to accept payments without a separate device Big Issue magazine is enabling its street vendors in the UK to accept contactless payments for copies of the publication directly on NFC smartphones without needing an additional card reader.
Contactless payments rise from pandemic lows, but mall foot traffic still weakened
Payments Source
NOVEMBER 19, 2020
In addition to monitoring the spike in contactless payments because of the COVID-19 pandemic, Verizon Business has also cited the expected decrease in foot traffic at the largest malls in the U.S. through its mobile data metrics.
Contactless Payments on the Rise, But so is Credit Card Debt, UK Finance Warns
The Fintech Times
AUGUST 19, 2024
per cent more than in the previous year, showing that the most popular payment method continues to grow. As expected, contactless payments appear to be going from strength to strength, accounting for 65 per cent of all credit card and 77 per cent of all debit card transactions. billion contactless card transactions in May, 3.7
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Elavon to Enable Contactless Payments for SEPTA Commuters
The Nilson Report
JUNE 20, 2024
The post Elavon to Enable Contactless Payments for SEPTA Commuters appeared first on Nilson Report.
Visa Unveils Toolkit for SMBs in Vietnam, ‘Empowering’ Them With Contactless Payment Solutions
The Fintech Times
JULY 31, 2024
The Visa toolkit provides step-by-step instructions and addresses common questions from merchants in Vietnamese and English, helping them successfully initiate and process contactless transactions. Vietnamese consumers also showed an emerging preference for contactless payments , both on physical cards and mobile digital payments.
Covid-era contactless payment limit rises drove consumer usage but not adoption, research finds
NFCW
JANUARY 16, 2024
The Swiss central bank’s researchers based their analysis on anonymized, transaction-level data for a large sample of point-of-sale debit card payments made in Switzerland between 2019 and 2021. “In Switzerland – the country we study – the tap-and-go limit was doubled from CHF40 to CHF80 in April 2020.
Translink completes rollout of contactless payments
The Paypers
AUGUST 6, 2024
Translink has announced that it has completed the roll-out of contactless payments across its entire network.
Mastercard launches contactless payment solutions in Nigeria
The Paypers
DECEMBER 20, 2023
Mastercard has announced the launch of contactless payment solutions in Nigeria, aiming to drive digital payment transformation in the region.
Contactless payments are far more than just sanitary
Payments Source
MARCH 19, 2021
The current consumer and business demands for contactless payment channels give organizations the opportunity to build new solutions with security at the forefront or to append new workflows to legacy business processes, says Mobiquity's Tyrone Jeffress. ]].
Contactless payments are safer, and a lot more convenient
Payments Source
SEPTEMBER 17, 2020
Besides providing a safe, sanitary no-touch payment option for consumers, there are other advantages to contactless payments, such as line-busting, says Todd Barstow, vice president of payment solutions for GK Software USA.
JCB and Worldpay from FIS Look to Enable Contactless Payments for UK Merchants
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.
Wearables take even more contact out of contactless payments
Payments Source
JANUARY 4, 2021
The pandemic may have served as a catalyst for rapid growth in contactless payments through wearable devices. It’s the combination of form and function, however, that will push wearable payments into further growth in 2021 and beyond, says Zeta's Bhavin Turakhia.
Pandemic Has Consumers Embracing QR Codes And Contactless Payments
PYMNTS
OCTOBER 5, 2020
Still others have more proactively worked to satisfy consumers and employees by adding touchless payment options that include QR codes. Prior to the pandemic, few consumers had experimented with contactless payments at all. If You Try It, You’ll Like It. Nurturing the QR Code. “We
Visa and Pick n Pay partner on contactless payment
The Paypers
AUGUST 7, 2024
Visa has partnered with Nigeria-based retail company Pick n Pay to introduce contactless payment solutions to customers in Lagos.
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