The Toronto Transit Commission (TTC) is looking at an open payment fare-collection system that would allow commuters to pay for rides with contactless credit or debit cards, as well as NFC mobile phones, according to itbusiness.ca. The rest of the Greater Toronto Area, however, is considering adopting a prepaid fare card system, called the Presto […]

Ali Arshad Hakeem, the chairman of Pakistan’s National Database and Registration Authority (NADRA), announced plans to issue smart ID cards that would double as contactless ATM and debit cards, according to geo-tv.com. The announcement to add payment capabilities via smart chip to Pakistan’s Computerized National Identity Card (CNIC) came at the inaugural session of the […]

Apple has filed a patent for a new mobile app that would allow users to purchase, use and store event tickets via iPhone, according to crunchgear.com. The NFC-enabled “Concert Ticket +” can potentially be used for any number of events, including sporting events, amusement parks and, of course, concerts. The app’s NFC interface would enable […]

Turton School in Bromley Cross, UK are trying out a new cashless payment system in its dinner hall that allow students to pay for their meals by simply pressing their finger to a biometric pad, according to a Bolton news report. The system hopes to removes problems associated with students who lose or have their […]

The province of Ontario is pushing for the Toronto Transit Commission (TTC) to adopt the Presto smart card system for public transportation, according to CBC News. The Presto card is a reloadable contactless card that allows users to tap and go at ticket collection points. If implemented, the system would allow riders to use one […]

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 […]

Heartland Payment Systems revealed its newest campus solution, an electronic financial aid distribution platform that utilizes a single financial account for easy integration with campus card systems. The Acceluraid (accelerate-your-aid) program enables students fast and easy access to financial aid refunds through a single account that can be linked to a prepaid campus ID card […]

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 […]