NFC Times

Nov 19 2020 By:  Dan Balaban NFC TIMES Exclusive Insight – Google Pay has added its first new countries in 18 months, all of them in continental Europe and all counting digital banks and other fintechs as the vast majority of the issuers across the 10 new markets. Related stories, automatically selected:  Insight: Apple Pay’s Expansion […]

Dec 1 2020 – Dec 3 2020 Since 2017, this pioneering industry event has explored the evolution of the cards business and highlighted key developments and disruptive innovations in payments and identity cards. read more

By:  Dan Balaban NFC TIMES Exclusive Insight – Transport for London, which runs the largest open-loop fare payments system globally, has issued a notice that it is preparing to seek proposals for a major upgrade of its revenue collection system. Related stories, automatically selected:  Oyster Card Here to Stay Despite Strong Growth of Contactless Fare Payments

By:  Dan Balaban NFC TIMES Exclusive Insight – Both Visa and Mastercard say contactless transactions made up a growing share of all face-to-face transactions for cards and other credentials bearing their brands during the last fiscal quarter, crediting in part an increasing aversion to cash by consumers because of the Covid-19 pandemic. Contactless usage rates, however,

By:  Dan Balaban NFC TIMES Exclusive Insight – Apple has finally made good on plans to enable fare payments through Apple Pay with the closed-loop Ventra card from the Chicago Transit Authority, or CTA, the latest major closed-loop card the tech giant has enabled in recent months. Related stories, automatically selected:  Apple Enables Virtual SmarTrip Fare

By:  Dan Balaban NFC TIMES Exclusive Insight –  Visa is rolling out what it calls “Tap to Phone” technology to 15 global markets, as it seeks to enable millions of small and micro-merchants that now mainly take cash to also accept contactless EMV credit and debit cards and credentials on NFC devices. Related stories, automatically selected: 

By:  Dan Balaban NFC TIMES Exclusive Insight – Multimodal trip-planning apps Moovit and Transit have introduced ticketing and payments in their apps for another North American transit agency, following an emerging trend for trip-planning apps to enable users to plan, book and pay for their rides all in one place. The app providers are offering the

By:  Dan Balaban NFC TIMES Exclusive Insight – Commonwealth Bank of Australia, the acquirer and processor for the open-loop payments service rolled out by Transport for New South Wales in Sydney, says it is negotiating with transit officials in other Australian states to help launch similar payments services. It also hopes to be involved in payments

By:  Dan Balaban NFC TIMES Exclusive Insight – There’s more evidence that the Covid-19 pandemic is helping to change the way that consumers pay, with more use of contactless cards, mobile wallets and e-commerce channels, according to the “World Payments Report 2020” published Tuesday by global consulting firm Capgemini. Related stories, automatically selected:  Biggest U.S. Supermarket

By:  Dan Balaban NFC TIMES Exclusive Insight – Transit officials in the Midlands in the UK today are calling on the government to fund a London-style contactless fare-payments system across this large section of the country, which would enable riders to tap to pay for trips on rail, bus and tram networks with either closed- and