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Drivers can now use Alexa to pay for their fuel using just a voice command at any of more than 11,500 Exxon and Mobil stations across the US. The feature can be used with “any Alexa-enabled, on-the-go device that connects to the Alexa app, such as Echo Auto, Echo Buds, and a variety of third-party […]

Public transport users in Washington, DC, in the US can now add their SmarTrip card to their iPhone or Apple Watch, “giving transit customers a safer, faster, more convenient way to pay”. SmarTrip is accepted at all 91 Metrorail stations in DC, Maryland and Virginia, at Washington Metro parking garages and lots, on Metrobus routes,

Users of Octopus transit cards in Hong Kong could soon be able to pay for public transport fares in mainland China, with the ability to make payments for purchases at stores across the country to follow, the company’s outgoing CEO has told the South China Morning Post. “Octopus Holdings’ Sunny Cheung Yiu-tong said a new

The market for payment-enabled wearable devices will reach US$7.2bn in 2024, “driven by a surge in contactless payment adoption, as a result of growing usage of contactless cards and near field communication (NFC)-enabled mobile payments,” ABI Research predicts. “In large part, this usage reflects a growing trend in changing consumer behaviour regarding payment habits and

The Lowry Hotel in Manchester, UK, is piloting a graphene-based contactless payment system that enables restaurant customers to pay their bill by tapping their smartphone on a till receipt imprinted with an electronic antenna. The technology allows customers to tap the smart till receipt to bring up the bill on their smartphone browser and then

Asia is leading the way in the use and development of digital currencies and remains the world’s largest digital payments market, with China alone accounting for more than half of the total transaction value worldwide, according to a new research paper published by Singapore’s DBS Bank. ‘Digital Currencies: Public and Private, Present and Future’ examines

Dutch bank ING and supermarket giant Albert Heijn are to pilot a tokenized payments service which enables customers to pay for online purchases from their bank accounts without needing to provide retailers with account credentials. “The tokenization process replaces sensitive data (a customer’s bank details) with non-sensitive data (a string of random numbers known as

Transactions conducted by customers using Korean bank DGB Daegu’s IM Bank mobile banking app on a Samsung Galaxy A Quantum 5G smartphone will soon be secured with 5G quantum cryptography technology that generates true random numbers to encrypt one-time passwords and identity verification information. The app will be integrated with mobile network operator SK Telecom’s

Countries with digitised and innovative economies are more likely to be developing central bank digital currency (CBDC) projects while those with a larger informal economy are tending to focus on creating retail CBDCs, a working paper published by the Bank for International Settlements (BIS) reports. ‘Rise of the central bank digital currencies: drivers, approaches and