Card networks begin global Click to Pay rollout

American Express, Discover, Mastercard and Visa have announced that “they are each beginning technical preparations for global expansion” of Click to Pay, the single buy button solution for online merchants based on the EMVCo Secure Remote Commerce (SRC) standard. Australia, Brazil, Canada, Hong Kong, Ireland, Kuwait, Malaysia, Mexico, New Zealand, Qatar, Saudi Arabia, Singapore, United […]

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Chinese city rolls out face verification ticketing on bus and subway services

A new face verification ticketing system has been introduced in the city of Guiyang, capital of China’s Guizhou province, enabling public transportation users to board buses and subway services without having to show their ticket or tap a card or smartphone. “To access the service, citizens need to download and register on a mobile application,”

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Transit Payments Company Head: Apple and Google Positioned to Take Bigger Piece of Payments Industry

By:  Dan Balaban NFC TIMES Exclusive Insight – The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could change their relationship with payments networks Visa and Mastercard from one of collaboration to one of competition. Related

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US Bank lets companies instantly send a corporate card to employees’ mobile phones

Corporate customers of US Bank can now send a digital corporate card directly to an employee, contractor, volunteer or customer’s mobile phone, enabling them to instantly begin charging online and in-store purchases to the company — subject to a strict spending limit and expiration date. “With a few simple steps, a company can send an

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Nedbank to roll out support for contactless payments on standard NFC smartphones

South Africa’s Nedbank has become the first bank in Africa to enable merchants to accept contactless payments on standard NFC phones. To use the new tap on phone service, merchants need an NFC smartphone running Android 7.0 or above. They can then accept payments via either contactless cards or QR codes. The service is currently

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NatWest lets online merchants accept instant payments from shoppers’ bank accounts

The UK’s NatWest bank has launched Payit, an online payments service that uses open banking to make it possible for merchants to accept payments directly from consumers’ bank accounts. “With customers of the UK’s nine largest banks eligible, consumers don’t need to bank with NatWest to take advantage, and can use the service by selecting

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European banks to create cross-border instant payments system

Sixteen major European banks have announced plans to jointly create a new company that will be tasked with delivering “a seamless, competitive and unified payment solution” for in-store, online and P2P payments across Europe. Founding members of the European Payments Initiative (EPI) include banks in five Eurozone countries — France, Germany, Spain, Belgium and the

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