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Contactless Payments Related Topics 
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.
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.,
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.
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.
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.
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.
Payments Source
MARCH 10, 2020
Contactless cards are a potential refuge for consumers who fear plastic and cash are carrying COVID-19.
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
Payments Source
JANUARY 25, 2021
Biometric authentication has always been a challenging subject with consumers, who are accustomed to using the technology to unlock their phones but are still wary about how much personal information they share with retailers and card issuers.
Fintech News
SEPTEMBER 18, 2024
This initiative aims to accelerate the adoption of contactless payments in the Asia-Pacific region by providing eligible merchants with Android devices valued at over 3.25 This service allows merchants to accept contactless payments via their mobile devices, eliminating the need for traditional POS systems.
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.
Payments Dive
JANUARY 8, 2021
When it comes to moving forward, what type of payment structure can customers count on from public transportation? Jed Danbury, vice president at Computop, a global payment service provider, shares his thoughts on how customers can benefit on transit
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).
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.
Fintech Finance
OCTOBER 16, 2024
Today, Helcim , a leading provider of payment solutions, now enables its U.S. customers 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.
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).
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.
Payments Source
DECEMBER 15, 2020
Tokenization, click to pay and other advancements boost efficiency and safety, says the Electronic Payments Coalition's Jeff Tassey.
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.
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.”
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.
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.
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.
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.
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. .
Clearly Payments
OCTOBER 1, 2024
This article covers the interchange fees associated with contactless payments compared to other credit card payment methods, such as online transactions and traditional swipe methods. Understanding Interchange Fees Interchange fees are an integral part of the payment processing system.
PCI Security Standards
NOVEMBER 26, 2024
of the PCI Mobile Payments on COTS (MPoC) Standard, designed to support the evolution of mobile payment acceptance solutions. The PCI Security Standards Council (PCI SSC) has published version 1.1
167 
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.
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.
Payments Source
MARCH 23, 2020
Growing recognition that coronavirus can survive on hard surfaces for up to 72 hours — making it riskier to use PIN pads and touchscreens at the point of sale — is causing merchants around the world to rethink payment technology, especially at supermarkets.
Payments Dive
JULY 10, 2020
The rapid demand for safe, contactless merchant payments has led to renewed interest in QR codes, a payment technology that historically dominated Asian markets, but lagged NFC use in the U.S.
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.
Finextra
FEBRUARY 27, 2024
New Consumer Spend data from Barclays’ annual contactless trends report has revealed that 2023 was another record-breaking year for ‘touch and pay’, with the fastest growth coming among the over 65s.
Payments Source
MARCH 21, 2021
Early in the pandemic, Michigan's Astera Credit Union realized that if it could not support touchless transactions, its members were likely to go elsewhere. ]].
154 
Fintech Finance
SEPTEMBER 20, 2024
With 94% of riders expecting public transit to offer contactless payment, transport operators across the U.S. are upgrading to open-loop ticketing systems, where a payment card or mobile device is used in place of a ticket, to streamline the payment process and provide a more seamless passenger experience.
The Paypers
MAY 3, 2024
STC Bahrain has expanded its contactless payment options for customers by integrating Samsung Wallet into its services.
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.
Payments Source
JANUARY 4, 2021
Many consumers and merchants now saw contactless cards and mobile payments as a way to move ahead without the germ fears that come with touching cash and PIN pads. The year — and the coronavirus pandemic — caused a dramatic shift in attitude. And even after those fears subsided, the new habits stuck around.
Payments Dive
JULY 10, 2020
The rapid demand for safe, contactless merchant payments has led to renewed interest in QR codes, a payment technology that historically dominated Asian markets, but lagged NFC use in the U.S.
Payments Dive
MAY 13, 2024
Digital wallets have grown in popularity as consumers have become accustomed to the convenience and flexibility of contactless payments.
Payments Source
FEBRUARY 4, 2021
Visa and partners fast-tracked the big game's digital overhaul as the pandemic caused a sharp spike in demand for contactless payments.
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.
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.
Payments Dive
SEPTEMBER 15, 2020
Contactless payments offer the same strong security as EMV cards but how do they stack up against the needs of consumers who are now dealing with the aftermath of COVID-19? Jaime Topolski, the director of payment card products at Fiserv gives his insight on contactless cards.
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