NFC World

“Our solution is, unlike the well-known payment methods, not dependent on the credit card companies. I don’t see why we couldn’t become the European alternative to Visa or Mastercard. Technically, we are ahead of them.” Read the rest of Benelux banks raise €20m to turn Payconiq mobile payments app into European rival to Visa and […]

“The Beijing subway system is experimenting with facial recognition for passengers to pay their fares, and the technology might be applied to the entire system once the database is accurate enough, according to a report by Beijing Youth Daily… The Beijing subway system is likely to adopt the technology once the database proves to be

“From 24 July, our services will accept contactless payment with daily fare capping — a first for Scotland… Just tap your card on the reader when you board the bus and you will be charged an Adult Single fare. After three or more taps, the fare will be capped at our AdultDayTicket price.” Read the

Saudi Payments, Saudi Arabia’s national payments infrastructure operator, is to use a combination of NFC and contactless payments, a new faster payments system and the introduction of a common QR code platform to reduce the use of cash and speed up its move towards a cashless society, managing director Ziad Al Yousef has told NFCW.

PARTNER NEWS — “NXP’s new Secure Processing Module for fingerprint-on-card technology is the first of its kind to receive Mastercard’s prestigious CAST (Compliance Assessment and Security Testing) certificate… Now that we’ve passed Mastercard’s rigorous security review, we can move ahead with our product release, targeted soon.” Read the rest of NXP secures Mastercard certification for

“Its process embeds tiny diamond fragments in a polymer that’s sprayed on a component. As the polymer dries, those diamond fragments are frozen in place, producing a pattern of scattered light that’s irreproducible, because it’s so random and complex — and at least as unique as a fingerprint… Dust Identity claims that, at scale, a

“The Commercial Bank of Ceylon (CBSL) has launched ComBank Q+ — the first Quick Response (QR) based payment app to be launched under LankaQR… LankaQR is the national QR standard for local currency payments introduced by the CBSL.” Read the rest of National QR standard for mobile payments rolls out in Sri Lanka at NFC

“PCI SSC is developing a new standard for contactless payments on commercial off-the-shelf (COTS) devices, which is planned for publication by the end of 2019. As part of the development process, PCI SSC stakeholders are invited to review and provide feedback on the draft PCI Contactless Payments on COTS (CPoC) Standard during a 30-day request

“Turkish small business owners can now use their smartphones to securely accept payments from customers following a pilot by ING and Mastercard. The ‘Tap on Phone’ application allows business owners to use their Android smartphone, tablet or other smart devices as mobile points of sale (POS), replacing the traditional cash register or electronic POS terminal…

“Huawei Pay, which was launched in Hong Kong on Monday, allows users to settle bills in more than 40,000 retail spots accepting the UnionPay contactless card payment… Earlier this year, Huawei Pay was launched outside China for the first time. In Russia, 66 banks are now supporting the technology. Both Huawei and Honor smartphones will