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Washington, D.C.’s, SmarTrip Latest Closed-Loop Fare Card Added to Pays Wallet

By:  Dan Balaban NFC TIMES Exclusive Insight – The Washington Metropolitan Area Transit Authority, or WMATA, as expected, has added its closed-loop fare card SmarTrip to Google Pay, following support by Apple Pay for the card last year. Related stories, automatically selected:  Los Angeles Transit Authority Follows Through with Plans to Enable TAP Card for […]

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EMVCo releases new spec that improves mobile payments quality and speeds up transit ticketing transaction times

EMVCo has issued a new specification bulletin that makes it mandatory for contactless payment terminal suppliers to make use of IQ demodulation techniques in order to receive EMVCo certification. The IQ modulation update has been published in Specification Bulletin 245 and incorporated into the EMV Level 1 Specifications for Payment Systems, EMV Contactless Interface Specification

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EU confirms plans for European Digital Identity Wallet

The European Union has confirmed that it plans to introduce an EU-wide digital wallet that will enable all EU citizens to link their national digital identity with other personal attributes including their driving licence, diplomas and bank account details and store them on their mobile phone. The new European Digital Identity Wallet will be recognised

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Korean buses trial ‘tagless’ Bluetooth fare payments

Passengers travelling on three inter-regional bus routes in South Korea’s Gyeonggi-do province can now test a ‘tagless’ fare payment system that enables them to pay for their tickets without needing to tap an onboard contactless reader with their transit card or smartphone. The system uses Bluetooth technology to enable onboard fare readers located close to

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Brescia rolls out account based contactless ticketing across entire public transport network

Passengers travelling on Brescia Mobilità buses in the northern Italian city and 14 surrounding municipalities can now make contactless fare payments with their credit or debit card or from a digital wallet on their NFC phone or smart watch. Brescia Mobilità launched the account-based contactless ticketing system on its light metro transit network in December

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World Bank finds contactless cards are not yet displacing cash

Contactless payments technology is causing “a sizable increase in the use of debit cards for small-value payments”, but is having an “economically small and statistically insignificant” impact on the use of cash and cash demand, according to a study conducted by the World Bank. “In almost all developed economies contactless payments have increased rapidly (already

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EU Digital Covid Certificate goes live in seven European countries

Seven European countries — Bulgaria, Croatia, Czech Republic, Denmark, Germany, Greece and Poland — have begun issuing the European Union’s Digital Covid Certificate one month ahead of the full 1 July rollout announced last week. The EU Gateway system that enables the EU-wide authentication of the Digital Covid Certificate using electronic signature keys has also

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Riksbank extends e-krona pilot to real world test environments

Sweden’s central bank The Riksbank is to begin testing its e-krona central bank digital currency (CBDC) with external partners to assess how a digital krona would operate within a real world banking and payments infrastructure. The Riksbank has already begun trialling a blockchain-based technical CBDC solution in an isolated test environment and is now working

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