NFCW

Xiaomi lets customers use NFC tags to control their smart home devices

Fri, 30 Oct 2020 14:53:17 GMT

Owners of Xiaomi smart home devices can now configure, link, control and monitor their lighting, security, entertainment systems and other domestic appliances simply by tapping an NFC sticker with their NFC-enabled smartphone. Users can place the Chinese electronics manufacturer’s PonPon Tile 2.0 NFC stickers around their home and use them to transfer instructions to devices […]

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NFC Forum reports on consumer attitudes and adoption trends across the world

Thu, 29 Oct 2020 11:30:42 GMT

Seven in ten consumers are confident with the security contactless cards/mobile wallets provide and 88% report a consistently positive user experience with NFC contactless technologies, a survey of consumers in nine countries around the world has found. Two thousand consumers in the USA, China, Japan, South Korea, UK, Spain, France, Germany and Italy took part […]

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PBOC reports first counterfeit digital currency wallets

Thu, 29 Oct 2020 10:55:20 GMT

The People’s Bank of China (PBOC) has “found counterfeit digital yuan wallets on the market,” the head of the bank’s digital currency research institute Mu Changchun has revealed. Speaking at the Second Bund Summit in Shanghai, Changchun gave no “additional details” about the discovery of the counterfeit central bank digital currency (CBDC) wallets, but did […]

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JPMorgan begins digital currency test

Wed, 28 Oct 2020 12:08:16 GMT

JPMorgan Chase’s JPM Coin digital currency is now being used commercially for cross-border payments by “a large international technology company”, the US banking giant’s Takis Georgakopoulos has told CNBC. The development comes as the bank also launches Onyx, a new division to handle its blockchain and digital currency initiatives. “We are launching Onyx because we […]

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CTA adds support for Apple Pay Express Transit for tap-and-go fare payments in Chicago

Tue, 27 Oct 2020 16:34:54 GMT

Passengers on Chicago Transit Authority (CTA) bus and train services can now use their iPhone or Apple Watch to make tap-and-go fare payments via Apple Pay’s Express Transit mode by uploading the authority’s Ventra transit card to their Apple Wallet. Express Transit enables passengers to pay without needing to unlock or wake their Apple device, […]

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University of Tennessee reports on NFC campus ID adoption

Tue, 27 Oct 2020 15:25:35 GMT

Students and staff at the University of Tennessee in are now using mobile campus ID cards stored on their iPhone or Apple Watch to gain access to buildings and make on- and off-campus payments an average of 46,000 times a day, more than double the average six months ago. The Knoxville-based university launched the service […]

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Russia launches public consultation on digital ruble

Mon, 26 Oct 2020 15:08:58 GMT

The Central Bank of Russia (CBR) has begun a public consultation on the launch of a central bank digital currency (CBDC) that would allow citizens to use “mobile devices and other media” to make payments using a digital ruble. The Digital Ruble: Public Consultation Report lays out possible options and ways to implement a digital […]

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India bans mobile payment providers from launching new proprietary QR codes

Mon, 26 Oct 2020 13:58:17 GMT

Payment system operators in India can no longer issue new proprietary QR codes for mobile payments, the Reserve Bank of India (RBI) has announced. The move is part of the RBI’s plan to implement a fully interoperable QR code infrastructure in 2022. India’s two existing interoperable QR codes, UPI QR and Bharat QR “shall continue […]

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Visa: Consumers have made an extra 500m touch-free payments in Europe since contactless limits ...

Mon, 26 Oct 2020 13:11:19 GMT

Visa has processed 500m additional PIN-less, touch-free transactions since contactless payment limits were increased in 29 countries across Europe in response to the Covid-19 pandemic, the card network reports. “The growing demand for contactless is visible across Europe, where over 75% of in-store Visa payments are now contactless,” Visa says. “In some European countries, the […]

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Transport for NSW to trial digital Opal card with 10,000 commuters

Mon, 26 Oct 2020 12:54:36 GMT

Passengers who use their Opal transit card to pay for transport fares in the Australian state of New South Wales are to take part in a pilot of a digital version of the card which is set to go live before the end of this year. The trial will involve 10,000 Opal card users and […]

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Walgreens lets customers pay with points at the POS

Mon, 26 Oct 2020 12:27:34 GMT

Customers of Walgreens in the USA can now use their payment card loyalty points to make full or partial payments for purchases they make in stores. After swiping or tapping an eligible payment card, customers will be given the option to ‘pay with points’, with a prompt on the card terminal asking if they want […]

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Poppy appeal adds contactless donations boxes in Canada

Mon, 26 Oct 2020 11:49:27 GMT

Customers of HSBC Bank Canada can use their bank cards, mobile phones and wearables to make contactless donations to the Royal Canadian Legion’s National Poppy Campaign via tap-enabled donation boxes. The Pay Tribute boxes enable customers to make a C$2 (US$1.52) donation to the charity with a tap of their card or payment-enabled device and […]

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HID Global launches combo NFC and RFID tags for tracking returnable industrial containers

Fri, 23 Oct 2020 15:54:39 GMT

PARTNER NEWS: HID Global has launched a range of tags that combine NFC and Rain RFID technologies to enable companies to track, locate, identify and authenticate bulk containers, gas cylinders, steel kegs and other industrial returnable transport items. “Our new HID Keg Tags offer a range of inventory lifecycle management processes by enabling long-range management […]

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NXP launches secure UWB chips for hands-free access control, payments and IoT

Fri, 23 Oct 2020 15:40:39 GMT

PARTNER NEWS: NXP has released a portfolio of secure ultra-wideband (UWB) chips that enable more accurate positioning and sensing for hands-free access control, payments and IoT use cases. “UWB is enabling a world where doors lock and unlock in response to the owner’s actual presence, where cars are shared with a simple touch of a […]

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Central bank launches digital currency in the Bahamas

Fri, 23 Oct 2020 12:05:53 GMT

Citizens of the Bahamas can now make payments and transfers from a digital wallet using the country’s Sand Dollar central bank digital currency (CBDC). The Central Bank of The Bahamas confirmed that the Sand Dollar is now “available nationwide” in a tweet and a Facebook post. “Digital B$ can be accepted at any merchant with […]

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ExxonMobil to combine NFC and QR mobile payments at the pump

Thu, 22 Oct 2020 13:52:31 GMT

Drivers refuelling their vehicles at Exxon and Mobil fuel stations across the USA will soon be able to use their mobile phone to make both NFC and QR contactless payments at the pump. ExxonMobil is rolling out its ‘point and pay’ technology to more than 11,500 of its stations, allowing customers to pay by either […]

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BBVA begins global rollout of mobile-first credit cards

Thu, 22 Oct 2020 13:47:07 GMT

Customers of BBVA bank in Spain can now apply for a ‘blank’ physical and digital payments card with ‘hidden’ credentials and a dynamic CVV code that can be used in credit, debit or prepaid mode. Garanti BBVA In Turkey launched a mobile-first Bonus Diji credit card earlier this month, but the Aqua card BBVA is […]

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Visa lets merchants in 15 countries accept contactless payments on standard NFC phones

Thu, 22 Oct 2020 12:06:17 GMT

Merchants in more than 15 countries around the world are now able to use Android NFC smartphones and tablets to accept contactless payments with no additional hardware required, Visa has announced. Tap to Phone “transforms current generation Android smartphones or tablets into contactless, or tap to pay, software-based point of sale (softPOS) terminals,” Visa explains. […]

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Shenzhen residents spend nearly 9m digital yuan during CBDC pilot

Wed, 21 Oct 2020 10:54:21 GMT

China’s ‘red envelope’ lottery giveaway of digital yuan to 50,000 residents of Shenzhen resulted in 62,788 transactions with a total value of 8.764m yuan (US$1.32m) during the week-long central bank digital currency (CBDC) test in the city. In all, 47,573 of those chosen from nearly two million applicants to receive the 200 e-yuan (US$29.65) ‘gift’ […]

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Six in ten US merchants now accept contactless payments

Wed, 21 Oct 2020 09:15:32 GMT

The percentage of merchants in the USA that now accept contactless payments has risen to 58% from 40% last year, while those accepting mobile payments from digital wallets has gone up to 56% from last year’s 44%, according to research released by the National Retail Federation (NRF). The State of Retail Payments study, conducted by […]

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