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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.
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
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 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.
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
PYMNTS
OCTOBER 5, 2020
The retailer said the move will allow customers to complete in-person transactions using PayPal or Venmo account balances or linked bank accounts or payment cards without the need to touch a keypad or present a payment card. Prior to the pandemic, few consumers had experimented with contactless payments at all.
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
Siam Commercial Bank (SCB) has partnered with Mastercard and Malaysian fintech Soft Space to launch the ‘Effortless Payment Processing’ campaign. 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
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 Source
DECEMBER 15, 2020
Tokenization, click to pay and other advancements boost efficiency and safety, says the Electronic Payments Coalition's Jeff Tassey.
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
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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).
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.
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
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
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
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
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.
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
MAY 13, 2024
Digital wallets have grown in popularity as consumers have become accustomed to the convenience and flexibility of contactless payments.
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.
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.
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.”
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. and the merchant’s industry.
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.
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. .
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
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.”
Stax
JULY 9, 2024
Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. There’s no question that cashless payment systems and digital payment adoption have accelerated over the last few years. In 2019, 77% of US consumers were using at least one type of digital payment system.
163 
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.
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.
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
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.
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.
The Paypers
MAY 3, 2024
STC Bahrain has expanded its contactless payment options for customers by integrating Samsung Wallet into its services.
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.
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.
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.
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