contactlessRSS

FitPay and Mastercard take prepaid to wearables and IoT

FitPay

FitPay Inc, a US-based provider of payment, credential management and authentication platform services, is planning to offer prepaid capabilities on wearable and other devices connected to its FitPay Payment Platform.

Mastercard makes digital payments push in Asia-Pacific transit

Mastercard

Mastercard is making headway in advancing digital payments for transit passengers in Australia and bike-sharing consumers in Singapore.

Transport for London tops one billion contactless journeys

TfL

Transport for London (TfL) says its passengers have made more than one billion pay-as-you-go journeys using contactless payment cards, with 40% of all pay-as-you-go trips paid for with contactless payment, up from 25% a year ago.

British judge calls contactless cards “quite ludicrous”

uk flag

A UK judge has taken a swipe at contactless card payments because they make life too easy for criminals. According to the BBC, Exeter Crown Court recorder David Bartlett says it is “quite ludicrous that the banks have allowed this to happen”, after hearing how a card was used by a thief to buy goods […]

Contactless payments ramp up in 2017

mobile-contactless

Following the announcement WhatsApp will enter into the mobile payments arena, new estimates from Juniper Research claims Apple Pay contactless users will nearly double over 2017.

Deutsche Bank launches new mobile payment app

Deutsche Bank app

Deutsche Bank has launched a new mobile payment app for Android devices.

Mastercard and Singapore’s transport authority test contactless cards while eying mobile payments

Singapore transport

Mastercard and the Land Transport Authority (LTA) in Singapore have teamed up to launch a pilot programme enabling commuters to pay for transit fares using contactless payment cards through an account-based ticketing (ABT) system.

Barclaycard strikes new payments deal with TfL

Barclaycard

Barclaycard has retained its contract to provide payment solutions to Transport for London (TfL) in the UK for another seven years, with an option to extend for a further three years. TfL and Barclaycard have worked together for two decades, and the former is expanding its network. We assume that Barclaycard didn’t go on strike […]

One in four UK card payments now contactless

Go contactless

According to the UK Cards Association, a trade body for the country’s card payments industry, a quarter of all card transactions are now made via contactless in the UK. 325 million purchases, altogether worth £2.9 billion, were made using contactless debit and credit cards in November 2016.

MDM Bank launches single-tap mobile payments; OpenWay provides tech

mobile-contactless

One of Russia’s major banking players, MDM Bank, has rolled out a single-tap Mastercard Contactless mobile payments option. The service is underpinned by the WAY4 Host Card Emulation (HCE) technology from OpenWay. MDM Bank’s customers can now pay from their Mastercard account with no need to enter a password or PIN code or even activate […]

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