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Passengers using public transport across the Swedish capital of Stockholm can now make tokenized contactless payments for single adult fares on metro, rail, bus, tram and boat services by tapping their debit or credit card or smartphone at a ticket reader. The city’s Storstockholm Lokaltrafik (SL) transit authority has rolled out the network-wide contactless ticketing […]

A group of more than 30 European banks and acquirers planning to build a unified payment system for merchants and consumers across Europe is seeking technical partners to develop the system’s central infrastructure. The European Payments Initiative (EPI) aims to build a solution that will “become a new standard in payments for European consumers and

Apple Pay has rolled out in Mexico, with support for American Express and for Mastercards issued by the country’s Banorte and Citibanamex banks. According to the payment service’s updated Mexican website, retail chains supporting Apple Pay in the country at launch include 7-Eleven, Chili’s, Domino’s Pizza, Italianni’s, MacStore, Petco, PF Chang’s, The Cheesecake Factory and

Merchants across India will soon be able to accept contactless digital payments on their Android NFC smartphone without needing any additional hardware. State Bank of India (SBI) is making the software-only solution available through a new SBI Merchant app. Read the rest of SBI to let merchants accept contactless payments on standard Android NFC phones

Passengers on public transportation services in the San Francisco Bay Area of the USA will soon be able to upload their Clipper transit card to their Apple Pay or Google Pay mobile wallet and pay for their fares with their smartphone or smart watch. iPhone and Apple Watch users will also be able to use

Russian mobile network operators Beeline and MegaFon are looking to develop digital wallets for smartphones and other mobile devices that will support the central bank digital currency (CBDC) which is being developed by The Central Bank of Russia (CBR). “We are interested in such aspects of using the digital ruble as maintaining wallets on smart

American Express cardholders can now receive detailed digital receipts for their card transactions to identify and check their purchases from larger retailers via the company’s app or website. The receipts will include purchase information such as the merchant’s name and logo, order number and date, products purchased and cost.  American Express is introducing them to

Passengers travelling from Ottawa’s Rideau Station can now purchase single-ride adult fares on the Canadian capital’s light rail transit network by tapping to pay with their credit card or mobile wallet at a pilot touchless entry gate. The OC Transpo transit authority is trialling the contactless ticketing system before rolling out the technology to all

Biometric payment cards containing a built-in fingerprint sensor could generate more than US$5bn in global banking revenue and account for 15% of the market by 2026, according to a forecast by analysts at Swiss bank UBS. The forecast states that: “in the past few years more than 23 pilots were reported with three commercial launches