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Passengers using buses operated by the Regional Transportation Agency of Central Maryland can now use their credit card to purchase and store digital bus tickets on their Android or iOS smartphone. The mobile tickets are valid for 90 minutes and allow free network-wide transfers during that time while a fare-capping feature means that users are […]

The European Council has endorsed plans to introduce a fully integrated retail payment system that will enable instant cross-border payments and financial transfers throughout the European Union. The plans were presented to the European Council in September 2020 by the European Commission as part of a strategy to “make it easier for consumers to pay

Visitors to Abu Dhabi’s Yas Island can now use their face to gain access to the resort island’s Ferrari World, Yas Waterworld and Warner Bros World theme parks and to make contactless payments at retail and dining outlets that support its face recognition technology. To use the new FacePass service, visitors create an account on

The total value of contactless transactions made using payment services provided by smartphone and other original equipment manufacturers (OEMs) will reach more than US$1tn in 2022, a rise of 377% on 2019, Kaleido Intelligence predicts. The increase in global transaction value will be “driven by Apple Pay, Samsung Pay and Google Pay” and will result

Samsung Pay will go live in Slovakia and the Czech Republic this year, according to media reports in both East European countries. “A Samsung spokesman confirmed the great news that Samsung Pay will come to the Czech Republic and Slovakia,” Czech news site Veriety.info says. “The exact date the company has not yet announced, but

Customers of OCBC Bank in Singapore can now make account balance enquiries at eight of the bank’s ATMs by verifying their identity using facial recognition technology. OCBC plans to add face verification for cash withdrawals and roll out the service to all its ATMs in Singapore “progressively”, with biometric authentication for cash deposits, fund transfers,

The Wall Street Journal has posted a video report showing Chinese consumers in the city of Chengdu using the country’s central bank digital currency (CBDC) to make in-store NFC and QR code payments from a digital yuan wallet on their mobile phone. The report also goes on to explain how the People’s Bank of China