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.

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Fintech Finance

JULY 23, 2024

UK Finance today releases its latest Payment Markets Report, produced in collaboration with Accenture , which shows payments trends for the UK in 2023 and gives forecast projections for the next decade. Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 billion payments).

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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.

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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.

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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. .

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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).

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Contactless Payments Payments Product Finance 98

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.

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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.

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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.

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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.

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Contactless Payments Stablecoins Issuers Payments 80

Fintech Finance

JUNE 25, 2024

MuchBetter , the wearable payments tech pioneer, has today launched a free contactless ceramic payments ring in Italy giving consumers more convenient, stylish and enjoyable ways to pay by removing initial cost barriers to wearable tech. Despite the growing popularity of contactless payment, Italy’s cash usage remains high.

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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.

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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.

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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.”

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Fintech Finance

AUGUST 1, 2024

The mobile money app offers communications, entertainment, and payment functionalities intending to promote a digital lifestyle and a cashless society. They can do more with their mobile money and get access to in-store payment, travel and international payment capabilities.

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Contactless Payments Payments Processors Issuers 96

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.

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Contactless Payments CHIPS Payments Security 59

NFCW

JULY 17, 2024

. “Riders in reduced fare programs (such as Senior, Student, and TAP) will have the option to link their benefits to their contactless card, phone, or watch. Riders who do not want to link their benefits to a contactless card, phone, or watch will be able to continue using their current payment method.”

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Fintech Finance

SEPTEMBER 20, 2024

NMI ®, a global leader in embedded payments, has partnered with INIT , a leading supplier of public transit ticketing solutions, to implement a cutting-edge payment processing solution for the San Diego Metropolitan Transit System (MTS). As transit operators across the U.S. As transit operators across the U.S.

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Contactless Payments PCI DSS Payment APIs and Integration Gateways 96

NFCW

JUNE 27, 2024

To use the service, the merchant enters the transaction amount in the usual way and the customer then taps their contactless card to the merchant’s payment terminal. Cartes Bancaires begins rollout of new contactless payment card limit was written by Sarah Clark and published by NFCW.

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Fintech Finance

OCTOBER 16, 2024

Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is paving the way to a significant reduction of plastic waste and CO 2 emissions in the payment card industry. Additionally, Infineon is partnering with leading payment card manufacturers and payment schemes in preparation for mass production.

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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.,

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Contactless Payments Issuers Volume Payments 168

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.

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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.

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Contactless Payments Payment Solutions Payments 41

The Paypers

MAY 3, 2024

STC Bahrain has expanded its contactless payment options for customers by integrating Samsung Wallet into its services.

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Contactless Payments Payments 73

The Nilson Report

SEPTEMBER 3, 2024

The post Waafi by Salaam Bank Chooses Paymentology for Contactless Payments in Somalia appeared first on Nilson Report.

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Contactless Payments Payments Posting 52

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.

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Contactless Payments Payments Mobile Payments 153

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.

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Contactless Payments Payments Posting Technology 52

Fintech Finance

OCTOBER 16, 2024

Tide , the UK’s leading business financial platform, has partnered with Adyen , the global financial technology platform of choice for leading businesses, to enable small businesses to accept in-person contactless payments using only an iPhone and the Tide iOS app. We’re on a mission to save SMEs time and money.

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The Nilson Report

JUNE 28, 2024

The post Elavon to Enable Contactless Payments for SEPTA Commuters appeared first on Nilson Report.

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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.

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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. ]].

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Contactless Payments Payments Process Security 101

The Nilson Report

JULY 12, 2024

The post VezoPay Launches Africa’s First Smart Ring for Contactless Payments appeared first on Nilson Report.

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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.

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NFCW

JANUARY 16, 2024

This change implied that the share of card payments eligible for tap-and-go suddenly increased from approximately 60% to 80%,” say the researchers. The share of contactless transactions increased by 17 percentage points from 44% to 61% following the onset of the pandemic, the researchers found.

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The Nilson Report

JUNE 20, 2024

The post Elavon to Enable Contactless Payments for SEPTA Commuters appeared first on Nilson Report.

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Contactless Payments Payments Posting 52

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.

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Contactless Payments Payment Solutions Visa Payments 61

The Fintech Times

AUGUST 19, 2024

As consumers in the UK and beyond continue to turn to credit and debit cards as their first payment method, more and more also find themselves in debt, according to new findings. per cent more than in the previous year, showing that the most popular payment method continues to grow. billion contactless card transactions in May, 3.7

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Credit Cards Contactless Payments Finance Debit Card 64