New research from Barclays and Barclaycard shows that Britons are fed up with waiting in line, with two-fifths of customers refusing to queue for longer than two minutes and two-thirds regularly abandoning purchases. According to the poll of 2,000 shoppers, 51% of customers refuse to even enter a store if there’s a long line. To […]

Visa is teaming with Turkey’s Akbank and vendor DeviceFidelity to launch a new microSD-based contactless mobile payment system. Akbank customers will be able to insert DeviceFidelity’s In2Pay microSD into their handsets’ memory card slots, turning them into contactless payments devices that can be used with Visa payWave terminals. The project will initially involve Blackberry handsets, […]

Australia’s Tourism and Transport Forum has announced its intentions to roll out a contacltess ticketing system in Sydney modeled after Southeast Queensland’s Go Card system, according to The Sydney Morning Herald. “Our research has found that when it comes to integrated smart card ticketing in Australia, the Go Card is the best there is, and […]

DAILY has released a new 13.56MHz contactless tag designed for jewelry tracking. With 0.6mm thickness and a read range up to 3 feet, the RFID jewelry tag allows retailers the ability to execute quick inventory checks. The new ISO 15693 compliant tag also features anti-collision functions, allowing the reader to read up to 60 jewelry […]

MasterCard’s stock dropped 3.6% on the recent announcement Verizon and AT&T are partnering with Discover and Barclays to launch mobile contactless payment services, but the company says it has its own ventures in diversified payments. According to Ajay Banga, President and CEO of MasterCard, the company currently has 20 pilot and commercial roll outs of […]

BNP Paribas has announced the launch of its Platinum MasterCard PayPass contactless credit card in Egypt, making it the first bank in the country to introduce contactless payment cards. According to Magdy Hassan, vice president of MasterCard Worldwide in Egypt, the new cards are designed to provide a secure alternative to paper-based payments for travelers […]

Oberthur Technologies has reported an increase in demand for its FlyBuy contactless stickers with banks and issuers throughout the United States, including Citi, as well as internationally in Switzerland, Poland, England and Korea. Developed in cooperation with MasterCard Worldwide over a year ago, Oberthur’s FlyBuy Sticker is a contactless payment tag that can be attached […]

Singapore-based electronic payments provider Nets and Nera Telecommunications Ltd announced that they have implemented a completely cashless payment service on Singapore’s Plus1 buses. Under the new system, commuters will have to pay using only contactless NETS FlashPay cards. Bus drivers will no longer accept cash and will not be provided with cash boxes on their […]

A new report from ABI Research reveals that the security sector is driving growth in the smart card industry, according to esecurityplanet.com. “New revenues are coming from contactless/dual-interface cards and more applications require the greater security offered by smart cards. There remains a small, but solid, memory-based market, but higher-end secure microcontroller ICs and embedded […]

AT&T Inc., Verizon Wireless and T-Mobile USA are reportedly teaming up to launch a contactless mobile payment pilot in Atlanta and three other cities, according to bloomberg.com. Bloomberg calls the venture, which is expected to include the support of Discover Financial Services and Barclays Plc, a “threat” to Visa and MasterCard, the world’s largest payment […]