contactlessRSS

Mastercard pumps up payments with Fitbit’s first smartwatch

Mastercard

Mastercard is bringing its contactless payments to Fitbit’s first smartwatch, Fitbit Ionic.

Juniper predicts major global shift to contactless on heels of US EMV push

mobile-contactless

A new study from Juniper Research is forecasting that more than half (53%) of global transactions at the point of sale will be contactless within five years, compared with just 15% this year, reports Banking Technology‘s sister publication Paybefore. The new research, “POS & mPOS Terminals: Vendor Strategies, Positioning & Market Forecasts 2017-2022,” expects adoption in the US […]

Mobile contactless transactions hit £370m in UK in H1 2017

Is there fintech life outside London? Yes, there is. And it is vibrant!

Mobile contactless transactions in the UK topped £370 million ($476 million) in the first six months of 2017, a whopping 336% year-on-year increase, according to the latest transaction data from payments processor Worldpay. Banking Technology‘s sister publication Paybefore reports that although the use of mobile devices to make in-store payments has been growing steadily since […]

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.

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