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PCI Mobile Payments on COTS (MPoC) Standard Version 1.1 Now Available

PCI Security Standards

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

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myTU Introduces Google Pay for Secure Contactless Payments

Fintech Finance

This trend underscores a significant shift in consumer behavior towards mobile-enabled, contactless payments. Later this year, myTU plans to introduce the same functionality with Apple Pay, ensuring that its customers have access to the most popular and widely-used mobile payment platforms.

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Contactless payments rise from pandemic lows, but mall foot traffic still weakened

Payments Source

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.

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Contactless payments will falter if they require too much of consumers

Payments Source

To take on these other forms of contactless payment, the POS must offer the same functionality as stationary cash registers, including card payments, digital receipts, coupon redemption, mobile payment and CRM integration, says GK Software USA's Todd Barstow.

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Barclays reports growth in UK contactless spending

NFCW

. “For the fourth consecutive year, the over 65s were the fastest growing group of contactless users, with 84.1% of this group currently using this payment method,” the bank adds. ” Barclays reports growth in UK contactless spending was written by Sarah Clark and published by NFCW. .

CHIPS 89
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Contactless payments are safer, and a lot more convenient

Payments Source

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.

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Alipay adds support for NFC mobile payments

NFCW

is designed to “expedite in-store mobile payments,” the South China Morning Post reports. simplifies in-store payments for iPhone and Android users,” the mobile payments giant explains in a video shared on X. Alipay Tap! ” “Alipay Tap! Quick and easy!”