By: Dan Balaban NFC Times Exclusive Insight – Although the trend for transit agencies to support open-loop fare payments, including with Apple Pay, Google Pay and other Pays wallets, has continued unabated–even accelerated–during the pandemic, another trend is taking shape: That of agencies adding virtual versions of their closed-loop fare cards into the Pays wallets. Related […]
Passengers on 24 public transportation systems in the San Francisco Bay Area of the USA can now add their Metropolitan Transportation Commission (MTC) Clipper stored-value transit card to Apple Wallet and use their iPhone or Apple Watch to make contactless payments for bus, train and ferry fares. iPhone and Apple Watch users can also activate
San Francisco MTC lets passengers pay fares with Clipper on iPhone and Apple Watch Read More »
More than two-fifths (43%) of Europeans rank privacy as the most important feature of a digital euro central bank digital currency (CBDC), with 18% citing security, 11% the ability to pay across the eurozone, 9% the lack of additional costs and 8% offline usability, according to a European Central Bank (ECB) survey. The survey is
ECB survey reveals Europeans expect digital euro to be private, secure and easy to use Read More »
The governments of Hong Kong and Macau are to stimulate consumer spending by distributing digital payment vouchers that residents can store in their mobile wallets or on a prepaid smartcard and then use to make purchases from retailers and other local businesses. The digital vouchers are being introduced as part of plans in both territories
Hong Kong and Macau to distribute stimulus payments to citizens’ digital wallets Read More »
Customers of Emirates NBD bank in the United Arab Emirates can now earn entries to a prize draw for luxury items whenever they make a contactless payment with their credit or debit card, mobile wallet or payments-enabled wearable device. Winners in the bank’s ‘Get Together. Go Contactless’ promotion will get the chance to buy items
Emirates NBD rewards customers for adopting contactless payments Read More »
The Central Bank of Russia will build a prototype central bank digital currency (CBDC) by December 2021 using a two-tier structural model unveiled by bank representatives at a press conference. The announcement comes after the publication of a consultation paper on the possible introduction of a digital ruble that outlines the key stages of the
Russia to create digital ruble prototype by December Read More »
EXHIBITOR NEWS: Fidesmo is rolling out its Fidesmo Pay wearable payments service in Russia with support from eight of the country’s leading banks, enabling their customers to upload their bank cards to NFC-enabled wearables and use them to make contactless payments. At launch, Fidesmo Pay will be available to customers of Gazprombank, Post Bank, Credit
Fidesmo Pay launches in Russia Read More »
Google Pay users in the US can now earn a US$30 reward by completing actions including making NFC tap-to-pay transactions, paying or referring friends, and redeeming cashback offers during a 10-day promotion. The payment service’s Spring Challenge lets users earn “spring stamps” for performing specific tasks that are detailed and updated in a “how to
Google promotes mobile payments in the US with $30 Spring Challenge Read More »
By: Dan Balaban NFC TIMES Exclusive Insight – The Regional Transportation District of Denver was the first transit agency to work with Uber to sell its bus and light rail tickets through the Uber app in the spring of 2019. RTD later that year expanded the service to trip-planning app Transit and then last fall to the app
Apple has applied for a patent for a user authentication framework that would allow users to store digital identity documents such as their passport, driving licence and national ID card and present them for verification on their NFC-enabled iPhone or other mobile device. The application filed with the US Patent and Trademark Office (USPTO) lays
Apple seeks NFC digital identity patent Read More »
