By: Dan Balaban Contactless open-loop payments have surged in recent months for Transport for London, returning to their steep growth trajectory before the pandemic, and now account for 70% of all pay-as-you-go, or PAYG, trips on the London Underground and two-thirds of PAYG trips on buses. And contactless has surpassed 50% of all trips–including those […]
By: Dan Balaban California transit agency Santa Cruz Metropolitan Transit District said it plans to launch a pilot of contactless open-loop payments in early 2022, as it seeks to increase customer convenience and reduce use of cash on board its buses, NFC Times’ sister publication Mobility Payments has learned. Related stories, automatically selected: UK Bus Operator Go-Ahead
Customers of the Jordan Kuwait Bank (JKB) will soon be able to make contactless payments with a biometric bank card that enables them to authenticate transactions with their fingerprint. The biometric card incorporates a built-in fingerprint sensor, allowing users to make contactless payments “without the usual payment limits” and without needing to enter a PIN
JKB to issue biometric payment cards in Jordan Read More »
DIGITAL SECURITY: Cilab’s ci230 high-speed tester now supports NFC testing of epassports and MRTDs Image: Cilab/Shutterstock PARTNER NEWS: NFC testing provider Cilab has released a test suite for use with its ci230 high-speed tester that enables epassport and other machine-readable travel document (MRTD) applications, devices and readers to be tested for conformance to international standards.
Cilab adds support for NFC passport testing Read More »
SPEED BOOST: Writing to the EEPROM on the new ST25DV-I2C tags is now as fast as standard EEPROM PARTNER NEWS: STMicroelectronics has introduced a new generation of its ST25DV-I2C Type 5 NFC tags that offer enhanced performance, flexibility and wireless capabilities, provide faster interfacing and enable developers to configure tags more efficiently and conveniently. “Writing
ST boosts performance of Type 5 NFC tags Read More »
RELAY ATTACK: The vulnerability relates to iPhones with a Visa card set up for Express Transit payments A vulnerability in the way that Visa cards work with Apple Pay Express Transit mode “could enable hackers to bypass an iPhone’s Apple Pay lock screen and perform contactless payments”, researchers at the University of Birmingham and the
Researchers alert Apple and Visa to contactless payment vulnerability Read More »
Global transaction volumes for contactless payments made using a mobile device will increase by 92% from 26bn in 2021 to 49bn in 2023, according to a forecast by Juniper Research. This growth will “significantly exceed” that of contactless card transaction volumes, with contactless mobile transactions growing “twice as fast as contactless card transactions”. “The enhanced
Forecast: Contactless mobile payments to exceed 49bn globally by 2023 Read More »
The European Commission is preparing to file an antitrust charge against Apple over the company’s limitation of access to its NFC chip technology, “people familiar with the matter” have told Reuters. The Commission opened a formal antitrust investigation into Apple’s practices in connection with Apple Pay — including whether the company’s limitation of access to
EU to file antitrust charge against Apple over NFC chip access Read More »
Apple Pay is preparing to roll out in Chile, the payment service’s Chilean support page reveals. Apple Pay published the page in Spanish last week, instructing users how to make payments in stores, within apps and on websites, but has yet to name Chile as a country where the service is accepted or to identify
Apple Pay to go live in Chile? Read More »
Nearly three-quarters of UK consumers (73.1%) want the option to set their own contactless spending limit rather than it being set automatically when the country increases that limit to £100 (US$136) in October, according to a survey by KIS Finance. Of those, nearly half (47.1%) said they wanted to set their own limit in order
Three in four UK consumers want to set their own contactless spending limit Read More »
