Bank of New Zealand introduced a new dual-interface chip card to give customers the convenience of contactless payments. The new Flexi Debit Visa cards allow cardholders to wave the Visa payWave-enabled cards over a contactless acceptance terminal. The new cards will allow contactless purchases wherever the contactless symbol is displayed. Purchases in over $80 will […]

Shipments of NFC-enabled point of sale (POS) terminals doubled to an estimated 2.5 million units worldwide during 2011, according to a new research report from Berg Insight. Berg forecasts that the global installed base of NFC terminals will grow at a compound annual growth rate (CAGR) of 49.4% from 3.9 million units in 2011 to […]

International payment systems provider ACI Worldwide released a roadmap for improving its mobile wallet and mobile banking solutions. The company plans to partner with Bell ID to offer over-the-air provisioning and management of NFC applications as well as the management of the secure element on NFC-enabled mobile devices. This service, which will be powered by […]

Gemalto announced the deployment of its next gen, multi-application smart card technology for Taiwan’s EasyCard transit payment and ticketing system. The new EasyCard will also enable micropayments in other venues outside transit. The new Gemalto Celego card will be used by over 30 million metro riders in the Greater Taipei Area. It is also accepted […]

For public transit users, the grind of a daily commute is two-fold. Not only do you have to cram onto a crowded bus or train, but you also have to worry about having your fare ready, whether you’ve got exact change, if your transit pass has expired, or what to do if your transit card […]

Forty-eight percent of U.S. consumers are now interested in using a mobile wallet, according to a new survey from Carlisle & Gallagher Consulting Group. The survey, which drew 605 respondents, found that of these 48%, nearly 80% are interested in using PayPal’s mobile wallet service, while 60% would use a mobile wallet from Google or […]

Google has launched Beba, an NFC-enabled payment card, in Kenya to allow transit passengers to pay their bus fare without having to use cash The new card will enable passengers to simply step onto the bus, tap the Beba card on the conductor’s NFC-enabled Smartphone, and instantly debit the fare. A receipt is also sent […]

Security Service Federal Credit Union (SSFCU), the eighth largest credit union in the U.S., announced that it will offer Tyfone’s mobile wallet services to its 875,000 members by the end of the year. Tyfone’s mobile services will enable customers of the Texas-based credit union to make NFC-enabled contactless purchases using Tyfone’s u4ia mobile platform and […]

PayPal launched a new bar code-based mobile payments service in the UK that allows customers to pay for items in-store with their smart phones. The PayPal inStore app, available for Android and Apple iOS devices, generates a unique bar code and transaction number for each purchase, which the store’s cashier can scan to deduct payment […]

A new smart transit card system is set to launch in East Surrey, making it easier and quicker for passengers to buy and use tickets. Railway stations are already being equipped with the card reading technology that will be needed when the system comes online later this year. Redhill station is the first to be […]