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Mobile Payments Driving Contactless Dominance in Nordics as Cash All but Disappears

Fintech Finance

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week. Cards dominate but mobile payments are rising 76 percent of Nordic consumers use some form of mobile payment in physical sales locations.

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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. However, it “is different from the NFC payment methods of Apple Pay, Samsung Pay and Google Pay, which function via a so-called card emulation mode. Alipay Tap! “Alipay’s Tap! . “Alipay’s Tap! Quick and easy!

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Mobile Payments Rising in Nordics as Nets Reveals Different Payment Attitudes and Preferences

The Fintech Times

A new report detailing the payment habits of consumers in the Nordic countries has been published by Nets , part of the European paytech, Nexi Group. It has revealed that while card payments dominate the payment landscape, mobile payments are on the rise.

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News & Views | Episode 173: Biometric Re-authentication and Mobile Payment Growth in the Nordics

The Fintech Times

Finally, Polly explains the rise of mobile payments in the Nordics , and this week’s podcast duo reveal their predictions for digital payments in the region and beyond.

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Mobile payments driving contactless dominance in Nordics as cash all but disappears

Finextra

Consumer and merchant research, conducted by Kantar Sifo and Norstat, on behalf of Nets, reveals near-total dominance of cashless payments in Nordics, driven by contactless mobile payments via global and local providers.

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The ai Corporation appoints Mark Wheelhouse as Chief Financial Officer to Drive Growth and Expansion into Retail Fuel, Mobility Payments and Fraud Management Markets

Fintech Finance

The ai Corporation (ai), the leading provider of payments and fraud management solutions, today announced the appointment of Mark Wheelhouse as its new Chief Financial Officer. I’m thrilled to be joining a true market leader at such an exciting time and partnering with the team to drive the next phase of ai’s growth.”

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Apple turns on support for Tap to Cash NFC peer-to-peer mobile payments

NFCW

The ability to use NFC to add a payment card to Apple Wallet is also being rolled out via a new Tap to Provision service. Apple turns on support for Tap to Cash NFC peer-to-peer mobile payments was written by Sarah Clark and published by NFCW. There is also a rolling seven-day maximum transfer limit of US$2,000.