By: Dan Balaban NFC TIMES Exclusive – Transport for Greater Manchester, which last month launched open-loop payments on its large Metrolink tram network, said Thursday that contactless credit and debit cards and NFC wallets accounted for a combined 170,000 rides during the first four weeks of the service. Related stories, automatically selected: In-Depth: Five Years […]
Trentino Trasporti, the transportation operator for the Italian city of Trento, is to be the first to pilot a new transit ticketing concept that uses sensors placed on trains to calculate and charge passengers for fares by automatically detecting when they get on and off a particular service. The sensors work in conjunction with an
Italian rail operator to pilot barrier-free transit ticketing Read More »
Co-working space provider All Work & Social has signed up as the launch partner for a biometric payments system that uses the pattern of veins in a customer’s fingertip to replace the need to carry a card, phone or cash. The technology will go live at the company’s XYZ building in Manchester this autumn, enabling
XYZ to adopt finger vein payments at co-working cafe Read More »
More than 170,000 journeys have been made using Metrolink’s new contactless payment system in the four weeks since the service launched on 15 July, Transport for Greater Manchester (TfGM) has revealed. However, “despite the relative ease of use, some customers are not ‘touching-out’, resulting in them being charged an incomplete journey fare”. The system lets
Manchester reports on open loop contactless ticketing adoption Read More »
By: Dan Balaban NFC TIMES Exclusive – When New York City transit officials announced Tuesday that the 1 millionth ride paid for through their new OMNY open-loop payments service had arrived ahead of schedule, they also proudly noted that 80% of the contactless payments had come from NFC wallets, not physical bank cards. Related stories, automatically
By: Dan Balaban NFC TIMES Exclusive – When New York City transit officials announced Tuesday that the 1 millionth ride paid for through their new OMNY open-loop payments service had arrived ahead of schedule, they also proudly noted that 80% of the contactless payments had come from NFC wallets, not physical bank cards. Related stories, automatically
EMVCo is to add support for eight-digit Issuer Identification Numbers (IINs) in 2021, with the result that “point of sale terminals may need to be updated to ensure they recognise and have the ability to process both existing and longer IINs, or transactions may be terminated or processed incorrectly”. “Merchants using IINs for additional services
EMVCo to support eight-digit Issuer Identification Numbers from 2021 Read More »
New York’s Metropolitan Transportation Agency (MTA) says its new Omny open loop contactless payments system recorded its one millionth transaction on 8 August, “a remarkable milestone accomplished at a much higher usage rate than initially estimated”. “When we launched Omny a mere 10 weeks ago today, we knew that some New Yorkers would immediately begin
Apple has instructed its Apple Card issuing partner Goldman Sachs “to approve as many of its 100 million-plus iPhone users in the US as possible” for its new credit card “within the bounds of regulations and responsible lending,” CNBC reports. The result is that the bank “is accepting some applications from users with less-than-stellar credit
Sub-prime borrowers to boost US Apple Pay adoption? Read More »
By 2024, nearly 40% of the global population will have been issued with a mobile digital identity document, Juniper Research forecasts — a total of more than three billion people. Countries in Southeast Asia and Africa, where pre-existing government-issued identities are less common, will take the lead because mobile identity documents are simpler to scale
Mobile phones to become ‘primary source of identity’ for over 3bn people Read More »
