A new report from UK’s Payments Council has revealed that cash payments in the UK are in sharp decline. The Council found that between 1999 and 2009 cash payments have fallen from 73% to 59%, while debit cards and contactless cards are on the rise. Some 80 million debit cards were issued in the UK […]

Management consultancy group The Human Chain has released a report on how NFC microSD cards could be the key to making NFC mobile payment a reality. “NFC microSD cards: stepping stone or standard?” looks in detail at the technology’s current development status as well as its implications, the business drivers and the customer experience compared […]

New Zealand’s SmartPay today announced it will begin delivery of its software for the PAX range of Electronic Funds Transfer at Point of Sale (EFTPOS) terminals. China-based PAX is the fifth largest EFTPOS terminal supplier in the Asia Pacific markets, producing more than 300,000 units per year. Through the PAX agreement, SmartPay will offer customers […]

VeriFone has unveiled the next generation line of VX Evolution contactless and mobile payment solutions. The revamped line includes the following systems: The VX 520 – a countertop model featuring standard 160MB memory as well as multiple communications options, including dial, Ethernet, and GPRS quad-band, as well as battery capability for mobile use. The VX […]

Toshiba is gearing up to launch a new laptop featuring a smart card and biometric fingerprint reader, according to mylaptop.co.uk. The 14-inch Toshiba Tecra M11 will also feature an Intel Core i3 or i5 processor, 1366 x 768-pixel display, 3G HSPA embedded broadband and Toshiba’s EasyGuard impact protection technology. Toshiba has announced it will begin […]

Sagem has announced a 2010 launch for its new Android phone, the Netribe, according to knowyourmobile.com. The NFC-enabled Netribe, developed for Puma, will feature biometric technology, solar cells and atmospheric sensors, among what promises to be a myriad of new functions. Sagem has remained hush-hush on the specs of Netribe, but disclosed that it will […]

The University of Denver’s hotel, restaurant and tourism school is launching NFC mobile payment at the campus’ student run coffee shop, according to americanbanker.com. Students and faculty will be able to use their mobile phones to make point-of-sale purchases, as well as add money to their accounts and check balances and transaction histories. Mocapay is […]

The City of Asheville, N.C., has signed a contract with Matrix Systems to install its Frontier Universe access control system in several municipal facilities. The initial phase, expected to last two months, will see installations on dozens of doors and areas in the city’s William F. Wolcott Jr. Public Works Building, City Hall, Asheville Police […]

Transport for London (TfL), the body of local government responsible for public transportation in Greater London, has bought the rights to the Oyster Card brand for £1m from TranSys, according to BBC News. Rumor has it that TfL has already begun trials on using Oyster on bank cards and mobile phones. Kulveer Ranger, the Mayor […]

Sydney will have to wait another two years for a smart card transit system that is already 13-years late and quadruple the expected cost, according to itwire.com. Pearl Consortium, which includes Commonwealth Bank and Cubic Transportation Systems Australia, just scored a $1.2 billion contract with the NSW Government to amend the maligned Tcard system. The […]