NFC World

US supermarket chain Giant Eagle is piloting a checkout-free shopping and payments system that uses a network of cameras and sensors to let customers enter a store, select and place items in their shopping basket as normal, check out from their mobile phone and then simply walk out of the store. The retailer, one of […]

“Leading cork producer Amorim has released a new range of bartop stoppers, which incorporate near field communication (NFC) technology to tackle counterfeiting… NFC-enabled phones will be able to access additional information such as serving and mixing suggestions, product information, promotional campaigns and competitions.” Read the rest of Amorim adds NFC to cork bottle stoppers at

LG has launched its LG Pay mobile payments service in the US, enabling owners of its G8 ThinQ smartphone to make payments via NFC in stores equipped with a contactless POS terminal — and in stores with a magnetic stripe terminal using Wireless Magnetic Communication (WMC). WMC enables phones to generate wireless magnetic data pulses

“Two countries reported mobile wallet fraud in relation to Apple Pay. One reported that mobile wallets are fast becoming the new money mules — fraudsters are enrolling cards that are not yet associated with a specific wallet. Another country reported that fraudsters are obtaining security codes through phishing, with which they can then install a

“IMF authors Tobias Adrian and Tommaso Mancini-Griffoli said the two most common forms of money today, cash and bank deposits, will ‘face tough competition and could even be surpassed’. But banks are ‘unlikely to disappear’ as they face growing threats from big tech companies and fintech start-ups, the paper said. ‘Some will be left behind

“Today, PayPal launched Xoom — its international money transfer service — in 32 markets across Europe. People in these markets can now use Xoom to quickly send money, pay bills or top up phones to more than 130 markets internationally.” Read the rest of PayPal launches its Xoom mobile remittance service in Europe at NFC

“Miami-Dade County’s fare system for their transit is set to begin accepting Apple Pay and other forms of contactless payment systems, such as Google Pay and Samsung Pay. According to an image found on Reddit, it would appear as though the Miami-Dade County transit system is set to begin accepting Apple Pay in August 2019.”

“The new system will mean customers can simply touch-in at the start of a journey and touch-out at the end using a contactless bank card or another contactless-enabled payment device, such as a phone or watch. The system will then automatically work out the total daily fare for a customer’s journeys and the price will

“With the patent-winning technology, the card firm has established a blockchain-powered credit transaction process that enables various functions, such as setting a maximum spending limit, paying in monthly installments and completing payments between merchants and consumers… The company is the first in the world to have established a credit transaction service using the new record-keeping

“To avoid significant acceptance disruptions, EPSM recommends that all regions should agree an additional timeframe of 18 months for standard applications, as well as up to 36 months for challenging applications, such as those in the travel and hospitality sector. This will deliver an EU-wide harmonised migration approach by the EBA and the 28 national