NFC World

News from the NFC World journal

UAE to launch national digital cash replacement platform that works for both banked and unbanked consumers

Both banked and unbanked residents of the UAE will soon be able to make instant cashless digital payments using a digital cash platform which they can either link directly to their bank accounts or add value to with cash at registered locations. The Klip digital cash platform is a digital wallet being developed by Emirates […]

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On-demand bus service picks ultrasonic technology for contactless ticketing

Travellers using BusUp’s on-demand, crowd-sourced buses for regular commutes or leisure trips can now authenticate their mobile boarding passes via a contactless verification system that uses ultrasonic data transmission technology. BusUp allows businesses and individuals in Europe, the USA and South America to set up and share their own bus routes. It has now integrated

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EMVCo explains how EMV 3DS helps meet PSD2 requirements for strong customer authentication

Payments standards body EMVCo has produced a webcast explaining how the EMV 3-D Secure (3DS) authentication protocol can help online retailers and payment service providers meet upcoming PSD2 strong customer authentication (SCA) requirements for online transactions. In ‘EMV 3-D Secure: Enabling Strong Customer Authentication’, Bastien Latge, EMVCo’s director of technology, gives an overview of the

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European Commission opens preliminary investigation into Visa’s staged digital wallet rules

The European Commission has opened a preliminary investigation into Visa’s rules regarding staged digital wallets, the payments network has revealed in a note added to its latest quarterly filing. “On June 26, 2020, the European Commission (‘EC’) informed Visa that it has opened a preliminary investigation into Visa’s rules regarding staged digital wallets and issued

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Bermuda trials digital stimulus token to distribute financial aid to citizens’ mobile phones

Residents and retailers in Bermuda are taking part in a pilot to test the viability of a “digital stimulus token”, which the Bermudan Government hopes to use to distribute financial aid more efficiently and to facilitate the purchase of food and other essential items during and beyond the Covid-19 pandemic. “The tokens are sent to

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Vipps signs deal with Visa to make its mobile wallet platform available to card issuers across Europe

Visa’s client banks and card issuers across Europe will be able to use a platform developed by Norwegian payments app Vipps to launch their own mobile wallets, following a strategic partnership deal signed by the two companies. “The partnership between Visa and Vipps will provide banks and card issuers with a mobile wallet that is

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Metrolinx adds mobile ticketing option for occasional public transport users in the Greater Toronto area

Visitors to Canada’s Greater Toronto area and other occasional users of Metrolinx’s Durham Region Transit (DRT) and Hamilton Street Railway (HSR) buses can now purchase, store and activate tickets on their smartphone without having to use cash or buy a Presto transit card as part of a project to give passengers more contactless and mobile

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