The Bank of China is conducting a pilot in the city of Shenzhen of a new service that makes it possible for merchants to accept contactless digital currency payments on standard NFC mobile phones. More
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
- Hello, NFCW readers!
Juniper forecasts 25% increase in POS terminal transaction values by 2028
Global POS terminal transaction values will total US$17 trillion this year and grow by 25% to $21.1tn a year by 2028, Juniper Research has forecast. More
STMicroelectronics launches NFC tag chip with elliptic curve cryptography
PARTNER NEWS: STMicroelectronics has introduced a new NFC tag chip that uses state-of-the-art blockchain-compatible elliptic curve cryptography to strengthen the level of security available to brands looking to use NFC to protect their products... More
NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
More than 80% of the respondents to a survey conducted by ABI Research on behalf of the NFC Forum said they have used a smartphone or smartwatch to make a contactless payment. More
Hello, NFCW readers!
After fifteen years of reporting week in, week out on the latest NFC and contactless news, the NFCW team was forced to take a health break in January — but we’re now back with renewed vigor and new plans to dig deep into the latest trends and technologies. More
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Eventbrite brings tap to pay to the events industry
Event ticketing platform Eventbrite is taking the first steps towards allowing organisers to accept contactless payments at the door on standard NFC devices via the company’s Organizer app, “letting attendees breeze through ticket and event purchases with a simple tap on their phone.” More
Biometric card pioneer backs away from payments citing lower-than-expected market uptake
Biometric card pioneer Zwipe is shifting its focus from payments to instead target the access control market after seeing disappointing market adoption of biometric payment cards. More
EU calls for feedback on proposed settlement with Apple over NFC chip access
Apple has proposed to settle the European Commission’s ‘Case AT.40452 – Mobile Payments’ by providing a new set of APIs that approved developers will be able to use to provide a host card emulation-based alternative to Apple Pay — free of charge. More
Google signs deal to take UPI beyond India
Google Pay is to take India’s real-time payments system to other countries after signing a deal with the scheme’s manager. More
NFC Forum spells out DPP ambitions in ebook
The NFC Forum has produced a 22-page ebook on the role NFC can play in digital product passports. More
Singapore and Malaysia to replace passports with QR codes at land border crossings
Singapore and Malaysia are to start using QR codes instead of passports at their land border, to speed up clearance of travellers at checkpoints. More
Aldi adds convenience with app-free entry to contactless store
Discount supermarket chain Aldi has introduced contactless payment at its checkout-free concept store in London... More
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Wear OS adds boarding pass support
Google Wallet can now display airline boarding passes as QR codes on Wear OS smartwatches... More
Covid-era contactless payment limit rises drove consumer usage but not adoption, research finds
A new study from Swiss National Bank has revealed that the increases in contactless transaction limits that were rushed through in many countries during the Covid pandemic drove an increase in the use of contactless payments but led to only a minor increase in adoption of the technology... More
England edges towards a single national multimodal ticketing system
A new group has been set up to develop a national ‘tap and cap’ ticketing solution for England... More
Athens to run multimodal mobility-as-a-service pilot
Transport for Athens (OASA), the company that operates metro, tram, trolleybus and bus services in the Greek capital, is to upgrade its automated fare collection system to allow boarding with bank cards and mobile devices and to support multi-modal mobility-as-a-service ticketing... More
NFC Forum to develop Digital Product Passport standard
The NFC Forum has announced that it is in the process of developing a Digital Product Passport (DPP) standard that would allow electronic goods manufacturers to use NFC tags and chips to provide merchants and consumers with “reliable and robust access to information on how a product can be reused, remanufactured, or recycled throughout its lifecycle”. More
Gridserve opens contactless electric vehicle forecourt at Gatwick Airport
Sustainable energy provider Gridserve has opened an electric vehicle charging station at London’s Gatwick Airport that combines thirty vehicle charging bays with a convenience store that uses Amazon’s Just Walk Out technology and a Costa Coffee outlet that allows drivers to pre-order and pay for a coffee that can then be delivered to their charging bay... More
ExxonMobil to roll out contactless in-vehicle payments at the pump for fleet owners
More than 12,000 Exxon and Mobil gas stations across the US are to begin accepting contactless in-vehicle fuel payments via Car IQ, a fleet payment platform that “eliminates the hassle of fleet credit cards, and instead authorizes merchants to accept payments directly from vehicles.”... More
Baylor becomes first ‘Big 12’ US university to roll out NFC student IDs
Baylor University in Waco, Texas has become the first of the ‘Big 12’ group of US universities to introduce NFC mobile credentials, enabling students living in on-campus residential halls to unlock their rooms, enter dining halls, make retail dining purchases, check out library materials, and access other campus services with the tap of an Android or iOS smartphone or smartwatch... More