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NFCW
JANUARY 15, 2025
Public transportation users in Athens can now use the Greek capital city’s new tap2ride service to pay for their fares with their contactless bank card, smartphone or smart watch. ” Athens switches on contactless payments for public transportation fares was written by Sarah Clark and published by NFCW. .
Stax
MARCH 6, 2025
The desire for frictionless payments skyrocketed contactless transactions to 8.1 The system generates a one-time encrypted code for each transaction, preventing fraudsters from stealing payment data. This is why 90% of shoppers still prefer contactless payments post-pandemic. billion during the COVID-19 pandemic.
NFCW
APRIL 2, 2025
Close to nine in ten (87.1%) of all card payments made in Ireland last year were contactless and more than half of those were made using an NFC mobile phone, Banking & Payments Federation Ireland (BPFI) reports. “Over 1.5bn contactless point of sale (POS) payments, valued at 26.7
NFCW
MARCH 13, 2025
SOFTPOS: Quickbooks’ mobile app now enables merchants to accept contactless payments on an iPhone Millions of small businesses in the US that use Intuit’s QuickBooks to manage their accounts can now also accept contactless payments on their NFC mobile phone at no extra cost.
Fintech Finance
APRIL 6, 2025
MuchBetter , the wearable payments pioneer, has introduced two new colour options for its stylish contactless Mastercard ® payment ring: gloss white and gloss black. The MuchBetter payment ring is a secure, durable and battery-free wearable that enables seamless contactless payments anywhere Mastercard is accepted.
Payments Dive
JULY 12, 2022
Public transport is expected to become a driver of contactless payment usage, especially as environmentally conscious commuters get on board, suggested a survey by card network company Visa.
Payments Dive
NOVEMBER 20, 2023
Payments company Stripe said it’s the first time that an airline will use Apple’s contactless payments feature across an entire fleet.
Cardfellow
FEBRUARY 26, 2025
Tap on phone (or tap to phone as Visa calls it and tap to mobile for Amex and Discover) is a contactless payment method where customers tap a sellers smartphone instead of a credit card machine to pay. In this article, well go over contactless payments and specifically tap on phone. What are contactless payments?
Finextra
JUNE 25, 2024
Wearable paytech provider MuchBetter has launched a contactless payments ring in Italy that is free - as long as users load it with €100 through the associated app.
Fintech Finance
APRIL 10, 2025
Absa , in partnership with UnionPay International (UPI), is launching contactless payments to UnionPay cardholders across South Africa , thereby strengthening its commitment to offering a seamless and secure payments experience. It will also enable Absa merchants to offer contactless payment options to more customers.”
Payments Dive
JANUARY 8, 2021
When it comes to moving forward, what type of payment structure can customers count on from public transportation? Jed Danbury, vice president at Computop, a global payment service provider, shares his thoughts on how customers can benefit on transit
Payments Source
JANUARY 25, 2021
Biometric authentication has always been a challenging subject with consumers, who are accustomed to using the technology to unlock their phones but are still wary about how much personal information they share with retailers and card issuers.
NFCW
JUNE 21, 2024
Adoption of softPOS payment solutions by smaller businesses will drive a 113% increase in contactless payment transaction values by 2029, Juniper Research predicts. ” “As access becomes more widespread, users increasingly expect contactless payments; creating a virtuous cycle of increasing use,” they add. .
Fintech Finance
APRIL 2, 2025
This new feature enables both individuals and businesses to add their debit cards to Google Wallet, making payments more convenient and secure. This trend underscores a significant shift in consumer behavior towards mobile-enabled, contactless payments. myTUs business customers will also benefit from this new functionality.
NFCW
JULY 9, 2024
CONSUMER PREFERENCE: Customer demand is driving the uptick in contactless card shipments: Nine in ten of the 3.2bn smart payment cards and modules shipped in 2023 included support for contactless payments “as consumers in all markets embrace touch free payments and tap-to-pay goes mainstream”, the Smart Payment Association reports.
Clearly Payments
DECEMBER 19, 2024
It’s the end of 2024 and the payments industry isnt just evolving its undergoing a seismic shift thats changing how the world does business. From crazy numbers to transformative technologies, the stats behind todays payment trends are more than just impressive; theyre a roadmap to the future. trillion in 2023.
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Fintech Finance
JANUARY 28, 2025
This allows businesses of all sizes to use the Mollie app on iPhone to accept contactless payments without the need to purchase or manage additional hardware. When a payment is processed, Apple doesnt store card numbers or transaction information on the device or on Apple servers.
Fintech News
SEPTEMBER 18, 2024
Siam Commercial Bank (SCB) has partnered with Mastercard and Malaysian fintech Soft Space to launch the ‘Effortless Payment Processing’ campaign. This initiative aims to accelerate the adoption of contactless payments in the Asia-Pacific region by providing eligible merchants with Android devices valued at over 3.25
Clearly Payments
OCTOBER 1, 2024
This article covers the interchange fees associated with contactless payments compared to other credit card payment methods, such as online transactions and traditional swipe methods. Understanding Interchange Fees Interchange fees are an integral part of the payment processing system. and the merchant’s industry.
NFCW
SEPTEMBER 11, 2024
“As of September 3, riders have tapped a contactless card, phone, or watch over a million times to pay their fares since we launched our contactless payment system on August 1,” the Massachusetts Bay Transit Authority (MBTA) reports.
NFCW
SEPTEMBER 11, 2024
“The quality of the TapToMobile user experience is dependent on NFC read ranges, which determine how close and precisely positioned the payment device needs to be to the acceptance device for payment information to flow,” it adds.
Fintech Finance
MARCH 12, 2025
enabling small and mid-market businesses to seamlessly and securely accept in-person contactless payments using only an iPhone. These transactions sync directly to their QuickBooks Online account, allowing them to seamlessly manage and reconcile these payments and keep their books up to date, on a single platform.
Fintech Finance
JUNE 6, 2024
Bank and one of the largest payments processors globally, is partnering with Southeastern Pennsylvania Transportation Authority (SEPTA) to offer contactless payment acceptance from any enabled card or mobile device across transit services. Contactless payments have helped shape the way consumers pay.
Clearly Payments
NOVEMBER 6, 2024
The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. The value chain in payment processing involves multiple parties that play specific roles in facilitating transactions.
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The Fintech Times
MARCH 19, 2025
The Financial Conduct Authority (FCA) is reviewing whether the 100 contactless limit should be removed or increased, aiming to give consumers and businesses more flexibility while keeping fraud protections in place. The consultation is part of wider efforts to encourage innovation in payments and support economic growth.
Fintech Finance
JULY 23, 2024
UK Finance today releases its latest Payment Markets Report, produced in collaboration with Accenture , which shows payments trends for the UK in 2023 and gives forecast projections for the next decade. Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 billion payments).
NFCW
JULY 17, 2024
. “Riders in reduced fare programs (such as Senior, Student, and TAP) will have the option to link their benefits to their contactless card, phone, or watch. Riders who do not want to link their benefits to a contactless card, phone, or watch will be able to continue using their current payment method.”
Fintech Finance
JULY 12, 2024
The Transportation Authority in Ajman and Visa , a global leader in digital payments, have signed an agreement to enable the acceptance of open contactless payments on public transport buses in Ajman, in line with the emirate’s smart mobility goals. The agreement was signed by Eng.
NFCW
JANUARY 23, 2025
ANDROID: Zebra’s EM45 RFID smartphone can read both UHF RFID and NFC tags Zebra Technologies has unveiled an enterprise Android smartphone that comes with built-in support for both ultra high frequency (UHF) RFID and NFC tag reading and the ability to also function as a contactless payments acceptance device.
NFCW
DECEMBER 11, 2023
SOFTPOS: The refurbished NFC phones enable vendors to accept payments without a separate device Big Issue magazine is enabling its street vendors in the UK to accept contactless payments for copies of the publication directly on NFC smartphones without needing an additional card reader.
NFCW
JANUARY 22, 2025
“With our Tap to More set of contactless modalities, we can make digital commerce even faster, safer and simpler, from instantly provisioning a card into a mobile wallet to verifying a transaction to sending money to friends and family, all with just a tap.”
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Fintech Finance
DECEMBER 17, 2024
Visa , a global leader in digital payments, convened the Digital Future Forum 2024 in Hanoi, showcasing the latest payment trends and innovations shaping Vietnam’s digital landscape. annually from 2025-2030, further strengthen the digital payment landscape. Vietnams stable inflation and projected GDP growth of 6.1%
Fintech Finance
OCTOBER 16, 2024
Today, Helcim , a leading provider of payment solutions, now enables its U.S. customers to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or on Apple servers.
Fintech Finance
AUGUST 28, 2024
The product allows business owners to accept payments directly with their Android phones, removing dependencies on physical card machines. Being able to accept contactless payments in the UK is highly important, with 85% of people in the country using contactless payments at least once a month (according to UK Finance).
NFCW
JANUARY 16, 2024
This change implied that the share of card payments eligible for tap-and-go suddenly increased from approximately 60% to 80%,” say the researchers. The share of contactless transactions increased by 17 percentage points from 44% to 61% following the onset of the pandemic, the researchers found.
Fintech Finance
JUNE 25, 2024
MuchBetter , the wearable payments tech pioneer, has today launched a free contactless ceramic payments ring in Italy giving consumers more convenient, stylish and enjoyable ways to pay by removing initial cost barriers to wearable tech. Despite the growing popularity of contactless payment, Italy’s cash usage remains high.
Fintech Finance
JANUARY 20, 2025
Visa, a world leader in digital payments, today brings Apple Pay to its customers in Egypt. To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Apple Pay is a safe, secure and easy way to pay in-store, in-app and online.
PCI Security Standards
NOVEMBER 26, 2024
of the PCI Mobile Payments on COTS (MPoC) Standard, designed to support the evolution of mobile payment acceptance solutions. The PCI Security Standards Council (PCI SSC) has published version 1.1
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NFCW
JUNE 27, 2024
To use the service, the merchant enters the transaction amount in the usual way and the customer then taps their contactless card to the merchant’s payment terminal. Cartes Bancaires begins rollout of new contactless payment card limit was written by Sarah Clark and published by NFCW.
Fintech Finance
AUGUST 1, 2024
The mobile money app offers communications, entertainment, and payment functionalities intending to promote a digital lifestyle and a cashless society. They can do more with their mobile money and get access to in-store payment, travel and international payment capabilities.
Fintech Finance
SEPTEMBER 6, 2024
tapeeno , UTP’s app for micro-merchants, has enabled its merchants in the UK to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or on Apple servers.
Fintech Finance
JULY 31, 2024
Visa , a world leader in digital payments, is introducing resources to help merchants in Vietnam, unveiling a SMB Online Toolkit, for small and medium-sized businesses to accept and take full advantage of Visa’s digital payment solutions. Globally, Visa’s tap to pay penetration reached 65%, doubling from 20192.
Fintech Finance
JULY 30, 2024
Building on the success of last year’s inaugural event, this year’s gathering emphasized the importance of cybersecurity and the growing adoption of contactless payments. The event featured a panel session on “Contactless Payments – The New Paradigm.”
Fintech Finance
OCTOBER 30, 2024
The functionality allows businesses, such as Fresha , the world’s #1 booking platform, marketplace and payments system for beauty and wellness, to use an iPhone to accept contactless payments, without the need to purchase or manage additional hardware. We’re proud to be expanding it to new countries together with Apple.”
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