NFC World

News from the NFC World journal

Google Pay adds bill splitting, movie bookings and scratchcard rewards in Singapore

Google Pay users in Singapore can now divide bill payments between groups of family and friends, book cinema tickets and receive rewards via virtual scratchcards. “Singapore is the first country where Google Pay users can form groups to organise and manage payments, as well as divide bills and other joint expenses within the app,” Google […]

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Austrian gin maker authenticates limited-edition bottles with NFC and blockchain

Buyers of a premium limited-edition gin distilled in Austria will be able to verify a bottle’s authenticity and track how many remain available for sale by using their NFC phone to scan a crypto-enabled NFC chip fitted to the label. Blockchain developer Block42 will fit 999 bottles of the limited-edition gin distilled by Austrian company

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Strong customer authentication requirements could cost European retailers €100bn in lost sales

The introduction of the 3D Secure 2.0 (3DS2) protocol for strong customer authentication (SCA) could cost European retailers more than €100bn (US$116.7bn) in online sales in 2021, payments consultancy CMSPI predicts. SCA aims to reduce credit and debit card fraud but two-factor authentication technology “remains relatively new and unproven” and “adds significant unnecessary friction to

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Adelaide Metro pilots contactless bank card and digital wallet payments for tram ticketing

Passengers on Adelaide Metro’s tram network can now make contactless fare payments with their credit or debit card or their tap-and-pay digital wallet without needing a metroCARD transit card or using cash. “Just tap or wave your Visa, Mastercard or (enabled) smart device on the validator at the centre doors when you board your tram,”

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Juniper forecasts “dramatic growth” in in-vehicle payments for fuel, parking and ecommerce

The transaction value of in-vehicle payments made using embedded onboard systems will rise from US$543m in 2020 to $86bn in 2025, driven by fuel, parking, food, drink and other ecommerce purchases, Juniper Research predicts. The increasing integration of voice assistants and other improvements in the ecosystem will result in this “dramatic growth”, the researchers say.

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