article thumbnail

A Study on Contactless Payments by Country

Clearly Payments

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.

article thumbnail

Shiji and FreedomPay Announce Partnership to Transform Mexican Hospitality Payment Solutions

Fintech Finance

This partnership underscores Shiji and FreedomPay’s commitment to improving staff and guest experiences in the hospitality businesses across Latin America, aligning with the industry’s shift towards smoother payments and payment management.

article thumbnail

JCB and Worldpay from FIS Look to Enable Contactless Payments for UK Merchants

The Fintech Times

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.

article thumbnail

How Retailers Are Gearing Up For Contactless Payments Via mPOS

PYMNTS

With the use of contactless payments heating up around the world, small and mid-sized businesses (SMBs) and their solution providers have to prepare for their acceptance. Mobile point-of-sale (mPOS) terminals that are enabled for contactless have to meet certain specifications to gain EMVCo 3.0

article thumbnail

2C2P and MineSec Launch Android App for Merchants to Accept Card, QR Payments

Fintech News

2C2P, a full-suite payments platform, and MineSec have launched a new cloud-based Point of Sale (POS) payment app for Android devices in Singapore. This collaboration introduces a versatile solution enabling businesses to accept Tap-to-Pay and QR payments directly on NFC-enabled Android devices.

article thumbnail

Salaam Somali Bank and Mastercard Launch Innovative Digital-First Multi-Currency Prepaid Card

Fintech Finance

The Waafi card offers a seamless digital banking experience for domestic and international transactions, enabling customers to perform digital payments anytime, anywhere. This includes merchant Point of Sale (POS) terminals, Automated Teller Machines (ATMs), or online e-commerce platforms.

article thumbnail

How Decathlon Deployed QR Codes For Seamless And Secure Contactless Payments

PYMNTS

Contactless payments have surged in popularity over the past year, fueled by both an increased reliance on digital banking as well as the effort to contain COVID-19’s spread by preventing consumers and workers from having to touch point of sale (POS) system surfaces or handle cash. Challenges In Deploying QR Codes.