NFC World

News from the NFC World journal

Forecast: Contactless to account for more than half the total value of all POS transactions by 2026

Contactless payments will account for more than half (57%) of the total global value of transactions made at the point of sale (POS) by 2026, compared with just under 25% in 2021, Juniper Research predicts. It also forecasts that the number of smartphones enabled to accept contactless payments using soft POS technology will grow from […]

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EU Digital Covid Certificate goes live across European Union

DIGITAL PROOF: More than 200m Digital Covid Certificates have been generated across the EU to date The European Union’s Digital Covid Certificate is now live across the EU as well as in non-member states Norway, Iceland and Liechtenstein, enabling residents to be issued with a proof of their Covid-19 vaccination status, negative Covid test result

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Beijing Rail Transit lets passengers pay their fares with digital yuan

Passengers on 24 subway lines and four suburban rail services in the Chinese capital of Beijing can now use the country’s central bank digital currency (CBDC) to make contactless payments for their fares from a digital yuan mobile wallet issued by the Industrial and Commercial Bank of China. The move comes as a subway line

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Google Pay lets users store digital Covid vaccination certificates on their Android device

COVID CARD: Android users will be able to store and display the digital Covid-19 certificate on their device Google Pay has updated its Passes API to enable healthcare organisations, government agencies and other authorised bodies to create digital Covid-19 vaccination and test result certificates that Android users can store and display directly on their mobile

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Translink to roll out interoperable fare-capped contactless ticketing across Northern Ireland

Public transport users in Northern Ireland will soon be able to make tap-on-tap-off contactless fare payments on all bus and rail services across the whole province using their debit or credit card or a single transit smartcard. Public transport operator Translink’s Future Ticketing System will also enable passengers making multiple journeys across the Northern Ireland

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SEPTA reveals plans to expand mobile payments for transit ticketing in Philadelphia

TICKETING UPGRADE: Philadelphia plans to expand the ticketing options for public transport users South East Philadelphia Transportation Authority (SEPTA) in the US is planning to upgrade or replace its SEPTA Key transit card system in order to offer passengers on its bus, trolley and rail networks in the Greater Philadelphia region a wider range of

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UK to raise contactless transaction limit to £100 on 5 August?

The planned increase in the UK’s contactless transaction limit from £45 to £100 announced by the UK Treasury in March could come into effect on 5 August, according to a Reddit user. The UK Treasury’s original announcement did not specify when the increase would be implemented other than “later this year”, but the Reddit user

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Vipps, MobilePay and Pivo to merge and launch single digital wallet across Scandinavia

SHARED PLATFORM: The MobilePay, Pivo and Vipps merger will see the creation of a single digital wallet Bank-owned Nordic mobile payment providers Vipps in Norway, MobilePay in Denmark and Pivo in Finland are to merge and will create a single digital wallet that consumers can use in all three countries, as well as for cross-border

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Researchers unveil dissolvable wireless pacemaker powered by NFC

NFC ENERGY: The transient pacemaker provides temporary cardiac support before gradually dissolving Scientists at Northwestern and George Washington universities in the US have developed a wireless, battery-free implantable pacemaker that uses NFC to harvest energy from an external antenna and dissolves after it is no longer needed to control a patient’s heartbeat. The device —

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Digital payments now exceed cash for purchases at US vending machines

CASHLESS: Digital purchases at vending machines using Canteloupe’s payment platform now outstrip cash The average number of digital payments made for purchases from vending machines in the US grew steadily during 2019, finally exceeded those made with cash in April 2020 and continued to increase over the course of 2020, a new study shows. By

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