Tag Archives: Contactless Cards

Australia – NSW Police Force urging people to use contactless payments to circumvent “ghost” terminals

By | August 17, 2017

Wagga businesses and the NSW Police Force is urging people to use the tap-and-go-chip on their debit cards to prevent fraudulent transactions through “ghost” terminals.  Collins Booksellers owner Peter Halicki said he had noticed a big shift in people paying by contactless means and encouraged his customers to make the most of the system. “I’ve definitely noticed in the last 12 months a huge… Read More »

VTB Bank (Armenia) and MasterCard to issue PayPass cards

By | August 16, 2017

YEREVAN, August 16. /ARKA/. VTB Bank (Armenia) is the first bank in the country to issue MasterCard PayPass contactless payment cards. “The unique technology of PayPass is one of the most modern, fast, affordable and reliable ways of making card payments around the world,” the bank said in a press release.  It said  MasterCard PayPass payment cards have… Read More »

UK – Contactless sheds growing pains as tenth anniversary looms

By | August 1, 2017

With the tenth anniversary of the introduction of contactless cards in the UK fast approaching, Barclays is forecasting that tap and pay spending will soar by more than 300% over the next four years as seven in ten Brits begin to use the technology more frequently for everyday purchases. Barclaycard first introduced the technology to the UK almost… Read More »

UK – London’s Oyster card is getting a revamp with a new app that will send low balance alerts to your phone

By | July 19, 2017

Transport for London (TfL) has announced a flurry of changes to the Oyster card, including a new app for passengers to get phone alerts when their balance is running low. Those who top up their pay as you go credit, or buy Travelcards using Oyster online can now collect their purchase from any Tube or rail station, tram… Read More »

India – BMTC Pilots Contactless Cards For Ticket Payments; Full Rollout in Bengaluru Soon

By | July 5, 2017

Contactless is the way to go, and this has been proved by the recent changes by organisations to allow users to pay for their transactions using NFC or similar technology. Recently DMRC allowed the use of a smartwatch to make contactless payments, and now BMTC is piloting a similar mechanism. According to a report by ETtech, Bangalore Metropolitan Transport Corporation is developing a… Read More »

Octopus makes move into online payment

By | June 23, 2017

Payments for shopping, donations and bills can now be settled with Octopus card over the internet following the launch of a new app. The app combines three side products of the Octopus card – Octopus O! ePay, Octopus app and the Octopus Mobile SIM – and aims to provide customers with a new payment experience, the company said.… Read More »

Visa Presents Payment Innovations in Russia for Confederations Cup

By | June 23, 2017

KAZAN, Russia – Visa presented its innovations for “contactless” payment during the Confederations Cup in Russia, where thousands of fans will be able to make their transactions more conveniently, quickly and safely than ever before. “These innovations will allow transactions to be made in a matter of seconds, and not only at the stadiums but also in daily… Read More »

UK – 51% of card payments now contactless

By | June 20, 2017

Contactless card payments rose by more than a third in the last year, becoming the UK’s favorite way to pay for goods. New data from Barclaycard’s Contactless Spending Index has revealed another record-breaking year for contactless card payments. Fifty-one per cent of in-store transactions of up to a contactless limit of £30 are made using “touch and go”… Read More »

Card Payments in Japan to Be More Convenient

By | May 11, 2017

Tokyo, May 11 (Jiji Press)—Making payments with chip-embedded cards in Japan is expected to become easier for visitors from abroad as efforts have begun to introduce contactless payment systems that are globally common. In the run-up to the Tokyo Olympics and Paralympics in 2020, McDonald’s Holdings Co. (Japan) has decided to install contactless card readers at all its… Read More »

WIB, Leader in Innovation Introduces Bankomatiko Contactless Smart Card

By | April 20, 2017

PHILIPSBURG:— The Windward Islands Bank Ltd (WIB) as part of its affiliation with its parent bank Maduro & Curiel’s Bank (MCB), the largest bank in the Dutch Caribbean with a long-standing alliance with MasterCard Worldwide, is proud to announce that it has upgraded its current Bankomatiko Smart Card to a Bankomatiko Contactless Smart Card. The Bankomatiko Contactless Smart… Read More »

NXP Multi-Purpose Solution in Philippines Enables Consumers to Tap Popular beep™ Card for Payment at FamilyMart Stores and Transit Ticketing

By | April 19, 2017

METRO MANILA, Philippines, April 19, 2017 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI), today announced it will further its collaboration with AF Payments Inc., the company behind the contactless payment cards, beep™ cards in the Philippines, to add micropayment capabilities. The popular cards commonly used for transport ticketing in the Manila Light Rail Transit System Line 1 and… Read More »

Visa and American Express to Strengthen Security for Stolen Contactless cards

By | April 12, 2017

Visa is to bring all of its contactless transactions online this year across 10 European countries to give consumers “more control over their accounts” following calls from the UK’s Financial Conduct Authority (FCA) for banks to tighten the processes they undergo when a customer reports a stolen contactless card. American Express is also “reviewing options” to ensure those… Read More »

UK – FCA Assesses Contactless Card Fraud Risk

By | April 3, 2017

The chairman of the Financial Conduct Authority (FCA) has written to the treasury select committee, outlining the extent of contactless card fraud in the UK and the options available to tackle it. John Griffith-Jones, who is chairman of the Payment Systems Regulator as well as the FCA, wrote to Andrew Tyrie MP, chairman of the treasury committee, to… Read More »

Global Contactless Smart Card Sales Market Report 2017

By | March 31, 2017

In this report, the global Contactless Smart Card market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share… Read More »

Meezan Bank, MasterCard Launch Pakistan’s First Contact Less Payment Solution

By | March 28, 2017

KARACHI: Meezan Bank, the first and largest Islamic bank of Pakistan, in partnership with MasterCard, a leading company in the global payments industry, has announced to launch Pakistan’s first contactless card solution. Card solution is an innovative product that has been developed to further strengthen the country’s digital payment eco-system, says release here on Monday. Meezan Bank’s new… Read More »

UK – Smart Card Unveiled For Norfolk Public Transport

By | March 28, 2014

A smart travel card for use on bus journeys and the park-and-ride scheme has been unveiled in Norfolk. Similar to London’s Oyster Card system, the Holdall card can be used on the park-and-ride in Norwich from 14 April when the system goes live. The council says it hopes to extend the card’s use to school and college transport… Read More »