Tag Archives: Contactless Payments

Visa to Transform the Mass Transit Experience Worldwide – No More Fumbling for Cash or Paper Tickets

By | November 13, 2017

Visa introduces innovative worldwide program to accelerate seamless, friction-free commuting with contactless payments The new Visa Ready for Transit program incorporates new standards that will simplify the certification of payment solutions for operators and transit solution providers A new team assembled from transportation, technology and payments industries to provide expertise and support Visa’s Innovation Center in London to… Read More »

UOB the first in Asia to offer Fitbit Pay

By | November 13, 2017

Contactless payments are winning the race when it comes to the payment preferences Customers have spent 10% more each year on health and wellness products and services     UNITED Overseas Bank’s (UOB) cardmembers will be the first in Asia to be able to make Fitbit Pay contactless payments through the new Fitbit Ionic smartwatch. UOB’s latest innovation… Read More »

UK – Touch and go! Nottingham public transport to go contactless

By | October 20, 2017

Nottingham is set to become the first city outside London where people can pay for their bus and tram journeys using contactless bank cards and phones. The news follows a successful bid by the City Council for £2.4m from the Department for Transport to develop the technology, which will also include a daily cap on fares already enjoyed… Read More »

Samsung partners Kotak Mahindra Bank for Pay service

By | October 18, 2017

DELHI: Samsung India has partnered with Kotak Mahindra Bank to expand its Samsung Pay platform for the latter’s Visa Credit and Debit Cardholders. With this, Kotak customers can now tap and pay using their Samsung smartphones at merchant outlets having card acceptance machines. In addition to Kotak’s other digital payment solutions including UPI, Bharat QR Code, and One Time Fund Transfer on the bank’s… Read More »

UK – ALL McGill’s Buses Getting Contactless Payment By End Of 2017

By | October 17, 2017

CONTACTLESS payment is being introduced on all McGill’s buses by the end of the year. Customers will be able to buy their single, return, all-day and weekly tickets -– up to the value of £30 -– with their Contactless bank cards or enabled mobile devices. The Greenock-based company has already started rolling out Contactless, with Erskine to Glasgow… Read More »

Switzerland becomes first European country to allow Visa payments on Fitbit smartwatch

By | October 11, 2017

Visa is introducing its mobile payment function for the Fitbit smartwatch in Switzerland, the first European country to get the service, reported Inside-IT.ch. The card company enables the payments via the Visa Token Service. To pay with Fitbit Ionic, the Visa card of a partner card issuer must be loaded into the Fitbit Companion application. Currently, this is… Read More »

UK – Southern Vectis Introduces Contactless Payment

By | October 8, 2017

Bus passengers will find it easier to pay for travel across the Isle of Wight from now on – thanks to the introduction of contactless payments by Southern Vectis. The first of its buses to leave the depot with the new technology is a brand new ADL Enviro 400 MMC double decker vehicle. Southern Vectis Managing Director, Andrew… Read More »

SBI Card to start contactless payments

By | September 12, 2017

    MUMBAI: SBI Card customers could soon make payments by merely tapping their smartphone on a swipe machine. SBI Card is updating its mobile application to enable customers make contactless payments at point of sales (PoS) terminals using a technology called Host Card Emulation (HCE) which enables dematerialisation of the card. Cardholders of the bank already use smartphones as an alternative… Read More »

Bank of America and NXT-ID Subsidiary FitPay Collaborate to Accelerate Wearable and IoT Payment Adoption

By | September 7, 2017

MELBOURNE, Florida, September 7, 2017 /PRNewswire/ — Bank of America (NYSE: BAC ) and FitPay, Inc., a wholly-owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), today announced an agreement to extend contactless payment capabilities to a range of new devices, giving Bank of America customers more payment options and accelerating the adoption of new payment devices. This collaborative effort enables Bank of America… Read More »

Vietnam – Hanoi to introduce interoperable smart cards for public transport

By | September 7, 2017

A Record of Discussions (R/D) for the “Supporting the Development of an Interoperable Smart Card System for Public Transportation in Hanoi” Technical Cooperation Project was signed on August 31. The project will be carried out for two years from early 2018, aimed at improving the technical and management capacity of counterpart agencies under the Hanoi People’s Committee (HPC).… Read More »

UK – North Devon Council car parks now accept card and contactless payments

By | September 5, 2017

Updated parking machines in council’s car parks now accept cards and mobile phone payments Users of North Devon Council car parks can now pay for their parking using a card or contactless payment. The council has updated its parking machines to accept cards, including with Apple Pay and Android Pay, if you don’t have any cash. Users can… Read More »

Visa Enables On the Go Payments With the New Fitbit Ionic

By | August 28, 2017

SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE:V) today announced it is enabling Visa payments on Fitbit’s first smartwatch – Fitbit Ionic™. Eligible cardholders of participating banks will be able to make payments with Fitbit Pay™, Fitbit’s new payment function, when available. With Fitbit Pay, Visa and Fitbit are meeting demand amongst the majority of wearable owners who, according to the recent… Read More »

Payment Card Statistical Yearbooks 2016-17

By | August 21, 2017

Contactless cards are the new mainstream in Europe. The country profiles of the Payment Cards Yearbooks provide the individual background of contactless cards and contactless POS/MPOS terminals by country, including card form factors and mobile contactless initiatives. Lead by the UK, France, Turkey, Poland, Spain, Czechia and Slovakia, the rollout of contactless technology has gained significant traction in… Read More »

Juniper Research: Contactless to Account for More Than 1 in 2 POS Transactions Globally by 2022

By | August 21, 2017

BASINGSTOKE, England–(BUSINESS WIRE)–A new study from Juniper Research has found more than half (53%) of global transactions at POS (Point of Sale) will be contactless within 5 years, compared to just 15% this year. The new research, POS & mPOS Terminals: Vendor Strategies, Positioning & Market Forecasts 2017-2022, found that adoption in the US would rise sharply over the period, with… Read More »

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 »

India – Soon, walk into metro station without taking your card from pocket

By | August 3, 2017

CHENNAI: Commuters could soon walk into a metro station, hands in pockets, take a ride, and walk out without waiting in queues or swiping their smart cards. Chennai Metro RailLimited has invited tenders to introduce contact-less smart cards which can be detected by scanners at stations even if the passenger keeps it in the pocket or a bag. The ticket price… Read More »

UK – Greater Manchester is one step closer to having its own version of Oyster card for ALL public transport

By | August 3, 2017

Greater Manchester is one step closer to having its own version of the Oyster card for use on all public transport. The ‘Get Me There’ smartcard has now been launched for use on trams and buses across the region. Passengers will also be able to use it on trains in the next four years, if transport bosses keep… Read More »

UK – Contactless payments to save shoppers 141 MILLION hours

By | August 2, 2017

The rise of contactless payments continues, and they’re set to save UK shoppers a hefty 141 million hours over the next few years. So says research from Barclaycard, commissioned to mark the tenth anniversary of ‘touch and go’ payments. The credit card firm has crunched the numbers, and says this time saved by 2021 will be worth almost… Read More »

India – Chennai Metro Rail to introduce contactless smart cards

By | July 31, 2017

CHENNAI: Metro rail commuters in Chennai could soon walk into any station and take a train without making the effort of swiping their smart cards or waiting in queues at the ticket counters to buy tokens. Chennai Metro Rail is in the process of introducing contactless smart cards, where commuters can simply walk in through scanner gates with a tiny chip or… Read More »