Global contactless transaction values will reach nearly US$6tn in 2024, up from US$2tn today, Juniper Research forecasts. “This increase will be driven by significant growth in OEM Pay and contactless card transaction values, especially in the US,” the analysts say. Improvements in China’s contactless POS infrastructure will also be a key driver of the increase, […]

South Dakota State University students, faculty and staff are now able to add their MyJacks ID cards to their iPhone or Apple Watch and then use their mobile phone or wearable to make on-campus payments and gain access to residence halls and other facilities. “This next-generation credential will benefit SDSU students by eliminating the need

Virgin Voyages is to issue contactless wristbands to its cruise passengers, enabling them “to not only unlock their cabin with ease, but also to explore all of the thrills and great experiences that Scarlet Lady and the rest of our fleet will have to offer”. The Band, which is made from 100% recycled ocean plastic,

A solution that uses NFC shelf-edge labels to let passengers self-checkout and pay for their shopping using their mobile phone is undergoing pilot testing at Munich Airport. The ‘Smart Checkout — Tap, Pay & Enjoy’ solution has been installed at MyCorner shop, an outlet operated by the airport’s Eurotrade retail subsidiary and located after security

“We had a tremendously successful launch in India from which we learnt a lot of features, and we are bringing that and we are revamping our payments products globally,” Alphabet CEO Sundar Pichai has revealed. “I’m excited by that rollout, which is coming up in 2020. I think that will make the experience better,” he

“In a move set to bring relief to scores of mobile wallet firms such as Paytm, PhonePe, Amazon Pay and their several million users, the Reserve Bank of India (RBI) will allow wallet service providers to continue operating their millions of non-compliant know-your-customer (KYC) accounts which earlier faced cancellation… An estimated over 200m mobile wallets

“Given the dollar’s important role, it is essential that we remain on the frontier of research and policy development regarding CBDC [Central Bank Digital Currency]. Like other central banks, we are conducting research and experimentation related to distributed ledger technologies and their potential use case for digital currencies, including the potential for a CBDC. We

7-Eleven is piloting a cashierless store concept at its US headquarters that uses technology developed in-house to let employees check in to the 700sqft store, shop and then exit — without needing to visit a physical checkout. “A proprietary mixture of algorithms and predictive technology enables the store system to separate individual customers and their

Evidence of a new feature that will make it possible to use an iPhone or an Apple Watch as a car key has been spotted in the first beta version of iOS 13.4, which was released to developers yesterday. “iOS 13.4 contains references to a ‘CarKey’ API, which will make it possible to use the

Calypso Networks Association (CNA) and OSPT Alliance have begun work on the creation of a single, global open standard for transit ticketing that will leverage “the unique strengths” of both the Calypso and the Cipurse standards. “The end goal of the cooperation program is to achieve convergence between their respective open standards — Calypso and