Tag Archives: Contactless Payments

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 – First Bus To Roll Out Contactless Payment Across Aberdeen Buses

By | June 22, 2017

A bus company has become the first in the North-east to offer a contactless payment scheme – meaning Aberdonians will no longer have to rummage in their pockets for exact change. First Aberdeen has unveiled its plans to offer passengers the choice of using their contactless bank cards on its vehicles. Andrew Jarvis, managing director of First Bus… Read More »

Czech Republic Becoming A World Leader In Contactless Payment For Public Transportation

By | June 22, 2017

The Czech Republic is undergoing a revolution in the way passengers pay for public transportation services, writes news site idnes.cz. Around 2,000 bus and tram services now enable ticket payments to be made using a contactless card. And that number is set to continue to grow, says Petr Zlámalík, of Mastercard Advisors, the professional services arm of card… Read More »

ABN AMRO tests contactless payment with wearables

By | June 22, 2017

ABN AMRO is the first bank to enable clients to make payments directly from their current accounts using a wearable. A select group of users is currently testing various wearables, including a special Kerv ring (photo) and a watch with NFC technology (Near Field Communication). The test users will be able to use these wearables to make contactless… Read More »

UK – Contactless payments now available on Quaylink Q3

By | June 21, 2017

Passengers using the Q3 Quaylink service can use contactless payments from today (21 June 2017) Passengers using our Q3 Quaylink service can now take advantage of faster and more efficient boarding with contactless payment options. Ahead of being rolled out across all Go North East routes in early July, the technology is available on the popular, high-frequency service from… Read More »

Derby shows biggest rise in ‘contactless’ spending of anywhere in UK

By | June 19, 2017

Derby has seen the biggest rise in “contactless” spending of anywhere in the UK, according to new research. The study by Barclaycard has found that, since the start of the year, the number of people using their credit/debit cards or mobile phones to make payments has risen by 45% – well above the national average of 34%. The… Read More »

Romanian lender introduces contactless watch that works as banking card

By | June 15, 2017

Banca Transilvania, the second largest bank in Romania by assets, has launched a contactless watch working as a payment instrument that can replace the debit card in Romania or abroad. The BT contactless watch is the result of a collaboration with Swiss watch maker Mondaine, digital security & identification technology company Oberthur Technologies, and financial services provider MasterCard.… Read More »

Visa to Roll Out Cashless Experience at the FIFA Confederations Cup 2017

By | June 13, 2017

Visa upgrades fan experience at the FIFA Confederations Cup 2017 and debuts the latest payment technologies for fans in Russia. SAN FRANCISCO–(BUSINESS WIRE)– Visa (NYSE:V), the Official Payment Service Partner of FIFA, today announced that football fans attending the FIFA Confederations Cup 2017 will have a front row seat to enhanced payment experiences at official FIFA stadiums. Visa is implementing 1,600… Read More »

Swedish railway uses microchip implants

By | June 12, 2017

Sweden’s state-owned rail operator SJ is allowing passengers to use microchip implants rather than conventional tickets.  The idea is currently being trialed just among some SJ members. It means all they need to travel is their left hand and the small microchip implanted in it. Authorities believe implanting the microchip will make the train journey more convenient. SJ… Read More »

UK – Go-Ahead launches contactless payments in Oxford

By | June 8, 2017

Go-Ahead has begun accepting contactless EMV payments on buses and coaches at its Oxford division, comprising Oxford Bus Company, Thames Travel and Carousel Buses. The project is the result of a partnership between Go-Ahead, Ticketer and Littlepay, and the deployment is believed to be the largest outside of London to use back office technology based on the UK… Read More »

Lucozade helps London commuters ‘find their flow’ with contactless bottles

By | June 2, 2017

Lucozade is giving Londoners a helping hand in getting from A to B with the release of limited edition contactless bottles which can be swiped for entry to the city’s Tube network as well as offering a refreshing drink. Thousands of Unstoppable Bottles will be distributed to lucky tube-riders between 30 May and 2 June (today) as an… Read More »

India – Visa eyes big bucks from ‘contactless payments’

By | May 28, 2017

MUMBAI:  Global payments technology company Visa is bullish on the Indian market to grow its contactless payment solutions.The company, which recently launched the country’s first open loop contactless toll payments at NHAI’s Manesar toll plaza, expects an increase in adoption from sectors like retail. “We are likely to witness a major shift in technology migrating from plastic cards… Read More »

UK – Debit cards to overtake cash within three years amid contactless boom

By | May 25, 2017

Debit cards are set to overtake cash as the UK’s most frequently used payment method for the first time by 2018, three years earlier than expected, figures show.  Britain is going cashless faster because of the rapid growth in the use of contactless cards, according to a payments industry trade association. In May 2016, Payments UK had predicted the tipping… Read More »

SPA data shows surge in demand for contactless chip cards

By | May 24, 2017

The Smart Payment Association (SPA), the trade body of the smart payments industry, today revealed top level findings from its 2016 annual review of the smart payments market. Data collated by the SPA from its members show over 2152 million payment chip cards were shipped globally in 2016, an increase of 4% on 2015 figures. “Following significant EMV… Read More »

Nearly 9 in 10 Singaporeans prefer to pay by card or mobile wallet than cash: Visa survey

By | May 16, 2017

SINGAPORE – A big majority of Singaporeans prefer making payments electronically over using cash, a new poll has found. According to the survey conducted by Visa, 87 per cent of Singaporeans prefer to make electronic payments instead of using cash. This is up 11 per cent from the previous year’s survey and also represents the highest preference for… Read More »

Juniper Research: Contactless Retail Payments to Exceed $1 Trillion in Transaction Value by 2019

By | May 15, 2017

BASINGSTOKE, England, May 15, 2017 /PRNewswire/ — Cards to Dominate Global Contactless Transactions, Representing80% of Total in 2019  New data from leading fintech analysts, Juniper Research, forecasts that the global value of contactless transactions made via payment cards, mobile and wearables, will reach $1.3 trillion by 2019, more than doubling from an estimated $590 billion in 2017. According… Read More »

Ireland – Contactless payments drive growth in debit card spending

By | May 15, 2017

Contactless payments are likely to be behind a growth in debit-card spending, new figures from the Central Bank show. According to the figures, debit-card point-of-sale spending in March increased 14 per cent to €2.7 billion on the same month in 2016, probably driven by an increase in contactless payments. In total, debit cards accounted for transactions worth €4.3… Read More »

India – Visa launches Proof of Concept for contactless toll payments with IDFC Bank

By | May 15, 2017

MUMBAI: Visa, the global payments technology firm, launched a first proof-of-concept (PoC) to showcase open loop contactless toll payments at National Highway Authority of India’s (NHAI) Manesar toll plaza. Once commercialized, open loop payment systems (compatible with contactless cards issued by any bank or provisioned in enabled devices) could significantly reduce congestion and waiting times at toll plazas,… Read More »

Germany’s DM Introduces Contactless Payment

By | May 12, 2017

German drugstore chain DM has introduced contactless payment services in all of its 1,856 branches in Germany. The technology allows for payment of transactions under €25 to be completed quickly without authorisation, by tapping the customer’s contactless card on the terminal at the checkout. Benefits The retailer says that the aim of this service is to make payment… Read More »