“Visa Inc, Mastercard Inc and other financial partners that signed on to help build and maintain the Libra payments network are reconsidering their involvement following a backlash from US and European government officials, according to people familiar with the matter.” Read the rest of Payments networks to drop support for Facebook’s Libra digital currency? at […]

Mexico’s Cobro Digital national mobile payments platform — known as CoDi — is now live across the country, enabling consumers to make NFC and QR payments via their mobile banking app and letting merchants receive funds instantly with no commission charges to pay. Codi has been developed by Mexico’s central bank, Banco de México, and

The German government is using the NFC contactless chip reading capabilities now available on Apple iPhones in a new iOS app that lets citizens securely identify themselves to a range of online service providers by reading their contactless national ID card with their smartphone. The launch of AusweisApp2 for iOS follows the rollout of iOS

Japan’s Ministry of Economy, Trade and Industry (METI) has launched a major initiative designed to persuade consumers to move away from paying in cash, by providing a rebate whenever they use a card or mobile phone to make a purchase at any of 500,000 merchants across the country. The launch of the Cashless project has

PARTNER NEWS: Cilab’s new ci230 high-speed testing suite is “a tool that has been missing for years,” Renke Bienert, senior principal engineer at NXP’s worldwide customer application and support team in Hamburg, has told NFC World. “I would give this product a ten out of ten,” Bienert said. “It is quick, easy to use and

Russia’s PSB bank has begun the country’s first pilot of dongle-free contactless payments acceptance on standard Android NFC devices. The new SoftPOS service “allows you to turn any NFC phone running Android 7.0 (and above) into a fully fledged POS terminal,” the bank says. Read the rest of PSB pilots contactless payments acceptance on NFC

Banco Proamerica de Costa Rica has become the first bank in Latin America to let merchants accept contactless payments directly on an Android NFC smartphone, without the need for a separate card acceptance dongle. The Costa Rican bank has teamed up with Mastercard for the launch of the new tap-on-phone service. “By enabling contactless transactions

New York Mets fans attending games at the team’s Citi Field home field can now purchase snacks and beverages at a self-checkout kiosk that uses a biometrics-based identity verification system to process payments — and check that buyers of alcoholic drinks are of legal drinking age. The Mets have teamed up with food and beverage

Alipay and its local e-wallet partners now collectively serve 1.2 billion users globally, Ant Financial has revealed, up 20% since the end of December 2018 and 260% over the past three years. More than 900 million of the annual active users are in China. “As of the end of June 2019, eight out of every