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Stockholm to add EMV white label card for closed loop transit ticketing

Passengers travelling on metro, rail, bus, tram and boat services in the Swedish capital of Stockholm will soon be able to use an EMV white label card issued by the city’s Storstockholm Lokaltrafik (SL) transit authority to make EMV contactless payments for their fares. SL is launching the “world’s first” proprietary EMV white label public […]

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Thai and Malaysian central banks roll out real-time cross-border QR payments

Consumers from Thailand can now make instant cross-border QR code-based payments for goods and services to merchants in Malaysia from their mobile payments app using a service being launched by the Bank of Thailand and Bank Negara Malaysia. The two central banks have enabled the service by linking the real-time retail payments platforms DuitNow in

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Three in ten UK consumers now use mobile phones and wearables for payments

Some 17.3 million people or nearly a third (32%) of adult consumers in the UK were registered to use their smartphone or smart watch to make mobile payments in stores by the end of 2020, a “significant” increase of 7.4 million people compared with 2019, according to UK Finance. The London-based trade group’s 2021 Payment

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China Construction Bank pilots biometric cards for digital currency payments

China Construction Bank (CCB) is piloting a biometric ‘hard wallet’ smart card that lets customers store digital yuan and authenticate payments made using the central bank digital currency (CBDC) with their fingerprint. The bank has already launched a digital yuan wallet app and the NFC-enabled biometric smart card will enable holders to use the digital

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PBOC: Chinese consumers will be able to store their digital currency in both physical and digital wallets

Chinese consumers can now open digital yuan wallets using different levels of customer identification depending on the transaction and balance limits they require and can activate wallets “with the lowest authority” with just their mobile phone number in line with the “principle of controllable anonymity”, the People’s Bank of China (PBOC) has revealed. Wallets that

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