Tag Archives: Contactless Payments

Bank of Ireland sees huge surge in contactless payments

By | May 2, 2017

Over four million contactless transactions recorded in one month  Bank of Ireland has released their latest figures on contactless activity showing a 142% increase of customer usage of contactless over just a one year period. In February alone, there were over four million (4.25M) contactless transactions, jumping from 1.7M recorded in February 2016.  Surprisingly it is not generation… Read More »

UAE Exchange partners OT on wearable contactless payments

By | May 1, 2017

UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, and OT (Oberthur Technologies) have partnered to launch “gocash” prepaid card of UAE Exchange through the first-ever contactless payment via wearable devices (powered by “Flybuy MiniFOB” technology of OT), at the Seamless Middle East Conference in Dubai on 01 May 2017. UAE Exchange will be offering… 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 »

Zwipe Unveils New Battery-less Biometric Smart Card At Seamless Asia

By | April 19, 2017

SINGAPORE – 19 April 2017, – Biometric technology company Zwipe will for the first time publicly demonstrate its dual-interface payment card in Singapore, April 19th and 20th, at Seamless Asia. The innovative payments solution is the first of its kind to fully integrate EMV compatible contact and contactless transactions.  Working with existing infrastructure the ISO and EMV compliant… Read More »

Heritage Bank Trials Visa Wearable For Payments

By | April 19, 2017

Queensland’s Heritage Bank has embarked on a customer trial of a Visa’s wearable payment device. Heritage has launched a wristband with an embedded chip that enables users to leave their wallet at home and make a purchase simply by “hovering” the device over a contactless payment terminal. The waterproof wristband links directly to a customer’s Visa debit account.… Read More »

Canadian City Laval Trials Credit Card Payments on Buses

By | April 18, 2017

Today, the Société de transport de Laval (STL) and Desjardins Group, in the presence of the Mayor of Laval, Mr. Marc Demers, announced the implementation of a new pilot project to accept credit card payments by Visa or MasterCard onboard Laval buses. These two leading Quebec companies have joined forces to bring this innovative project to life as… Read More »

EuroCommerce Publishes Guide To Contactless Payments

By | April 16, 2017

EuroCommerce, a group that represents the retail sector across Europe, has published a new guide for retailers providing information and advice on contactless payments. Contactless technology allows for payment of small transactions to be completed quickly by contactless card or mobile app. EuroCommerce says that businesses need to take advantage of the potential benefits of this technology, and train staff on… Read More »

UK – Mobile Payments Struggle To Make Impact On Contactless Card Use

By | April 14, 2017

The widespread popularity of contactless cards is stunting the adoption of mobile payment services like Apple Pay and Android Pay in the UK, according to research. Just 1pc of British consumers would choose to use mobile payments in everyday scenarios such as buying lunch or shopping for clothes, far below those who would opt for cards or cash.… Read More »

OEM-Pay Contactless Users to Surpass 150 million

By | April 12, 2017

Newly released data from fintech analysts Juniper Research has indicated that OEM-Pay contactless users are expected to exceed 100 million for the first time during the first half of 2017.The research also says user numbers are expected to surpass 150 million by the end of this year. According to the new research – Contactless Payments: NFC Handsets, Wearables… 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 »

How Inamo’s Surfer CEO Turned Sunglasses, Watches Into Contactless Payment Wearables

By | April 7, 2017

Visa Australia recently introduced WaveShades, an interesting twist on contactless payments technology, with the help of Australian surfer-focused wearable payment startup Inamo and a fellow Aussie company, sunglass maker Local Supply. WaveShades are Local Supply sunglasses with a small Inamo secure payment chip embedded in one arm of the glasses. The sunglasses allow wearers to pay for items… Read More »

Germany – Deutsche Bank Rolls Out Mobile NFC Payments for Android Handsets

By | April 5, 2017

In a first for cash-loving Germany, Deutsche Bank has added host card emulation-based contactless payments to its Android app. Customers with NFC-enabled Android handsets will be able to link their Mastercard debit or debit card and make contactless payments of up to EUR25 by unlocking their phones and holding them against a POS terminal. For larger payments, they… Read More »

Samsung will Attempt to Convert Wearables into Prepaid Credit Cards

By | April 3, 2017

Samsung can become creative at times in spite of their phones bursting into flames (too creative) or their CEO getting arrested for political corruption (no creativity). In fact, the South Korean tech giant may have some superb ideas for how to make mobile payment work. Instead of giving devices like smartwatches the full power of a credit card,… Read More »

Valid Produces Prepaid Payment Bracelet

By | March 27, 2017

Mar 27, 2017— Valid, a global provider of customized secure solutions, has produced BPPTag payment wristbands, recently launched by Brasil Pré-Pagos (BPP) and Visa. The device works with Near Field Communication (NFC) RFID technology. The communication technology allows the secure exchange of proximity-encrypted data with a debit machine. In Brazil, there are approximately 2.8 million such machines that… Read More »

Samsung Puts Focus on Contactless Payments With New Platform

By | March 24, 2017

Samsung Electronics has launched something it calls the Contactless Companion Platform, which will have a focus making contactless payments a reality using a smart card, wristband, key fob, or even a mechanical watch or a smart ring. Samsung has partnered with Smartlink and Ingenico on the platform, according to a press release. The platform features what Samsung calls a unique digital… Read More »

Netherlands Passes 1 bln Contactless Card Payments

By | March 24, 2017

The Dutch Payments Association announced that the country has passed 1 billion contactless card payments. The service first started in 2014, meaning contactless payments passed the 1-billion mark much faster than PIN card payments, which took seven years to reach the milestone.  The share of contactless in all card payments has risen to a quarter. Most payments are… Read More »

Tappy – Contactless Payment System

By | March 24, 2017

With how advanced technology is and always becoming, it’s hard to imagine that making payments by phone just isn’t as efficient as it used to be. Tappy, a global NFC payment solution provider, is making possible for almost any branded product to be transformed into a payment device. Having been at Mobile World Congress, we saw this tech… Read More »

Samsung, Smartlink and Ingenico Introduce the “Contactless Companion Platform” To Enable “Digital Cash for Everyone”

By | March 23, 2017

Samsung Electronics, a world leader in advanced semiconductor technology, today announced the launch of the “Contactless Companion Platform (CCP)” together with its ecosystem partners, Smartlink  and Ingenico, built with its industry leading dual interface smart card chip for multiple applications and form factors.   As the smart card chip provider, Samsung introduces a disruptive contactless concept with both… Read More »

Malaysia – Maybank partners Alipay to provide contactless payments service from May

By | March 22, 2017

KUALA LUMPUR (March 22): Malayan Banking Bhd (Maybank) is partnering China’s Ant Financial Services Group, an affiliate of e-commerce giant Alibaba Group Holding Ltd, to provide Alipay users travelling in Malaysia with contactless payment service when they make purchases at selected merchants in Malaysia. The new service, available from May 2017 onwards, will see Alipay being accepted at… Read More »

Wearable Payments Firm Secures Major Watch Brands For Launch

By | March 21, 2017

Contactless wearable payments company Tappy Technologies has secured renowned international watch brands ahead of its launch this week. The launch partnership will see Tappy’s payment technology embedded into traditional timepieces from partners including: Ted Baker, Mondaine, Technos, NEWATCH and SAGA. Tappy is a specialist in contactless wearable payments and is a Global Wearable Program Partner of leading banks… Read More »