peachwire

Consumers in the Bahamas will be able to use mobile wallets integrated with the country’s Sand Dollar “like an ATM” and transfer the central bank digital currency to their wallet directly from their bank account, the governor of the Central Bank of The Bahamas, John Rolle, has said. Linking the mobile wallet platforms of banks […]

Consumers may soon be able to personalise the payment cards stored in their digital wallets by uploading their own pictures or images of their favourite sports teams, charities and retail brands to them. The digital card art solution is being developed with support from Google Pay and Mastercard to encourage the use of mobile wallets

More than nine in 10 consumers (93%) will consider using digital payment methods including contactless, QR code and biometric payments as well as cryptocurrency transactions in the next year, according to a Mastercard survey. The card network’s New Payments Index identifies contactless technology as “the digital catalyst” for the exploration of new payment options during

The banks and other institutions backing the development of a unified payment systems for merchants and consumers across Europe have so far invested €30m in the European Payments Initiative, EPI chair Joachim Schmalzl has revealed. Plans to set up the pan-European payments system were first revealed in November 2019 and the EPI now has the

Mastercard is seeking a role in the development of China’s central bank digital currency (CBDC) by supporting the use of the digital yuan for cross-border transactions and its conversion to and from foreign currencies, according to South China Morning Post (SCMP). Mastercard Asia-Pacific co-president Ling Hai confirmed in an interview with the Hong Kong-based publication

WhatsApp users in Brazil can now send money to friends, family and other contacts by attaching a payment to a chat “just as you would attach a photo or video” and validating the transfer with a PIN or their device’s biometrics functionality. The WhatsApp payments service is enabled by Facebook Pay and is being relaunched

Apple Pay has rolled out in Israel with support for Visa, Mastercard and American Express cards issued by nine major Israeli banks and credit card companies, according to local media outlets. The service “will be available to customers of three credit card companies (Isracard, Max and ICC), and to bank card holders of Hapoalim, Leumi,

Passengers using selected ferries and trams in the Finnish capital of Helsinki and buses in the city of Tampere can now make EMV contactless fare payments using an open loop ticketing platform being rolled out by Helsinki Regional Transport and Tampere’s Nysse regional transit authority. The system in Tampere incorporates a zonal, time-based fare-capping service