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The UK is to increase the limit for contactless transactions from £45 (US$63) to £100 (US$140), the UK Treasury has announced. “As we begin to open the UK economy and people return to the high street, the contactless limit increase will make it easier than ever before for people to pay for their shopping, providing […]

The European Union is to present a legislative proposal this month for a digital ‘green pass’ vaccination certificate that will enable residents to prove that they have been inoculated against Covid-19. The move comes as German telecom giant Deutsche Telekom announced that it has submitted a tender to the German government to design and develop

EXHIBITOR NEWS: Fidesmo is launching its Fidesmo Pay wearable payments service in Switzerland, enabling customers of Swiss bank Cembra to upload their bank cards to NFC-enabled wearables and use them to make contactless payments. The payments service will be available on a range of Fidesmo Pay-supporting watch straps, bracelets, key rings and other wearables from

Public transport users in Sofia can now buy and store single journey QR code e-tickets on their mobile device which they can validate for travel on metro, bus, tram and trolleybus services across the Bulgarian capital’s transit network. Passengers can purchase their ticket on the day of travel via the MPass app with their credit

Contactless in-store payments made with a mobile wallet worldwide exceeded in-store cash payments for the first time during 2020, new research reveals. Overall, cash usage fell by 10 percentage points, accounting for 20% of all face-to-face payments globally, the Worldpay from FIS Global Payments Report 2021 states, while the number of contactless digital wallet payments

Australia’s Eftpos national debit card system is to launch a QR code-enabled mobile payments and rewards network that will enable “seamless payment experiences across ecommerce, mobile and point of sale”. The low-cost solution will work “by generating unique QR codes containing transaction details that are captured on a consumer’s mobile phone, initiating a secure digital

Customers of the National Bank of Pakistan (NBP) with a compatible smartphone can now add their UnionPay International (UPI) virtual card to a Huawei Pay digital wallet and use it to make NFC or QR code-enabled mobile payments. “Huawei or Honor smartphone users who are also holders of [a] NBP UnionPay virtual card can now

Tencent-backed WeBank and Ant-backed MyBank are conducting “preliminary work under the guidance of the People’s Bank of China (PBOC)” in order to integrate the digital yuan wallet into their payment and banking services, according to a China Securities report. The move comes as PBOC unveils a central bank digital currency (CBDC) ‘Bridge’ project for cross-border

Israeli citizens who have received two doses of Covid-19 vaccine or recovered from the illness can now prove their status using a government-issued Green Pass vaccine certification app on their mobile devices. The app uses a QR code to display a user’s inoculation status and personal information, and is being trialled as “an entry permit