NFC World

Morocco’s bank-owned payment acquirer, Centre Monétique Interbancaire (CMI), has raised the contactless transaction limit in the country from 200 to 400 dirhams (US$40) in response to the coronavirus crisis. Since the start of the pandemic, 49 countries have now announced or brought forward a rise in the maximum amount of a contactless payment transaction before […]

PARTNER NEWS: Dejamobile has launched a white label solution that enables merchants to be provided with the ability to accept EMV contactless and digital payments on standard NFC phones and tablets — with no additional hardware required. ReadyToTap Payment for Merchants is a turnkey software-only solution with two components — a PCI DSS-certified payment management

MintID has introduced a series of gold and silver bars and coins that use tamper-proof NFC security chips to provide bullion investors with assurance that they are buying a genuine product. “Physical precious metal investing has many advantages. Unfortunately, until now investors have been plagued with the uncertainty of whether or not the products they

Connected apparel brand Paachn has included an NFC tag in a limited-edition, machine-washable face mask featuring artwork by Tokyo-based artist Campbell La Pun. Tapping the cloth mask with an NFC device enables the wearer to access product care information and exclusive content. A video shows the design of the mask, the placement of the NFC

Guitar pick printer DutchPicks is providing musicians with a way to make additional revenues and connect more closely with their fans via a range of custom-printed NFC guitar plectrums that bands and artists can make available at concerts and online. “After more than four years of development, DutchPicks has succeeded in integrating an NFC chip

The UK’s Financial Conduct Authority (FCA) is to tighten up its regulations “to ensure payments firms are adequately protecting customer funds” amid concerns that the impact of Covid-19 will affect their financial viability. “We welcome the innovation and competition we are seeing in payment services,” the FCA says. “But, as with all growing markets, we

Since mid-March, first-time users of Interac’s e-Transfer service have increased by 43% and the average number of transactions has increased by 9% compared to the same time last year, the Canadian domestic debit card network provider has revealed. “While Canadians were using these methods regularly pre-pandemic, a surge in growth of new users on the

Seven in ten German consumers would now like to have more opportunities to use contactless payments and 75% are trying to avoid cash payments “as often as possible”, a new survey has found. The broad desire for more contactless payment runs across the generations, the survey conducted on behalf of German digital association Bitkom has

A new amendment to the Swedish Payment Services Act means that online merchants must now present non-credit options ahead of any options that involve the consumer taking out credit. “If an online merchant accepts at least one payment method that does not involve the extension of credit to the consumer, that payment method must be

Garmin smartwatch owners in Japan can now add their Suica transit card to their wearable device and use it to pay for public transportation and at stores that accept Suica payments. The service is compatible with Android and iOS devices and is currently available for owners of 10 different Garmin models. Until now, digital versions