26 Apr, 2012EMVCo to hold annual user meeting in Toronto
EMVCo, the EMV standards body jointly owned by American Express, JCB, MasterCard and Visa, will host its fourth annual EMV User Meeting on June 20 – June 21 at the Courtyard Marriott Downtown in Toronto, Canada. Open to all users of EMV technology, the two-day event will bring together senior EMVCo representatives and global users […]
26 Apr, 2012Report: NFC market worth $10 billion in 2016
MarketsandMarkets has released a new report predicting that the NFC applications market will surpass $10 billion by 2016 at a compound annual growth rate of 38% from 2011 to 2016. Mobile payment will continue to be the major driving factor in the NFC market up to 2016, during which time it will “cannibalize” the smart […]
26 Apr, 2012McDonald’s, Merkur supermarkets test NFC payments in Austria
Austrian mobile operator A1, a subsidiary of Telekom Austria Group, has teamed up with PayBox Bank to trial NFC mobile payments at select McDonald’s restaurants and Merkur supermarkets. From now until summer, up to 5,000 customers will be able to use the partners’ “Paybox NFC” solution to make contactless mobile transactions up to €25 without […]
25 Apr, 2012Pepi Food Services gears up to accept contactless payment
Pepi Food Services, a vending and food service provider based out of Dothan, Alabama, has signed an agreement with USA Technologies to go 100% cashless by the end of 2012. Using USA Technologies ePort Connect services, Pepi plans to convert its entire vending machine base to accept cashless and contactless payments, in addition to emerging […]
24 Apr, 2012Azerbaijan excited for new contactless and mobile payments
MasterCard’s PayPass contactless payment feature may soon be presented to the Azerbaijan market of cashless payments. According to a recent MasterCard study, 75% of the local residents said they would like to use contactless payment cards in supermarkets and 60% to pay public transport fare. When asked which devices, in addition to a plastic card, […]
20 Apr, 2012Asda supermarket trials contactless payments
Asda Stores Ltd., a British supermarket chain, is planning to trial contactless payment technology in 25 of its stores, according to Computerworld UK. The contactless systems will be supplied by both Visa and payment value chain Streamline. Customers will be to simply tap the reader with their contactless-enabled card to pay for goods up to […]
20 Apr, 2012Barclaycard PayTag turns any mobile phone into a contactless way to pay
Barclaycard launched a new stick-on credit card application that will enable millions of its Visa cardholders to make wave-and-pay purchases using their mobile phone. A third of the size of a normal card, Barclaycard PayTag can be stuck to the back of any mobile phone. Once attached, it can be used to make payments of […]
19 Apr, 2012Multicard delivers mobile payments to catering industry
Multicard has expanded the availability of its Cashless Betalen mobile payments solution in The Netherlands to catering and food service providers. Following the initial successful launch of the solution in Dutch sports clubs, Multicard is now signing up commercial caterers who will use Cashless Betalen to enable NFC payments in company and school cafeterias across […]
18 Apr, 2012Report: Experts predict smart phones will take over credit cards by 2020
New research from the Pew Research Center’s Internet & American Life Project shows that nearly two-thirds of tech experts believe that smart phones will overtake credit cards as the dominant form of payment by 2020. Pew Internet’s survey asked more than 1,000 tech insiders and stakeholders to agree or disagree with a statement that “smart […]
17 Apr, 2012Nokia pilots NFC payments app in Brazil
Nokia is launching a commercial trial of its PagSeguro NFC payments app in Brazil, the company announced via its official blog. Starting in May, owners of Nokia C7, N9 and 701 handsets will be able to use PagSeguro to pay for items at NFC-enabled points of sale, as well as transfer funds between users. The […]
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