27 Apr, 2012Canadian carriers ready NFC payments for 2012
Canadians may be paying for items with the tap of an NFC-enabled phone by the end of 2012. According to Reuters, Canadian banks, credit card companies and telecoms are reaching an agreement on an NFC payment service that will capitalize on Canada’s robust contactless infrastructure. “In Canada, we are more ready than probably any country […]
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, 2012Ottawa Bluesfest adopts RFID cashless payment and access control technology
The RBC Royal Bank Bluesfest, an annual outdoor music festival that takes place each July in downtown Ottawa, Canada, is adopting RFID technology to innovate with access control and cashless payment systems. More than a quarter-of-a-million music fans will be able to use their RFID “Bluesband” wristband to pay for food, drink and other goods […]
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 […]
26 Apr, 2012Ottawa gives away 200,000 free PRESTO cards to transit riders
The City of Ottawa is doing everything it can to get OC Transpo riders on board with the new smart card technology, which is set to launch later this summer, according to OttawaStart. OC Transpo has inked a deal with PRESTO to distribute the first 200,000 smart cards for free to its customer starting June […]
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, […]
24 Apr, 2012OC Transpo smart card system helps reduce lost revenue
OC Transpo, Canada is planning a new smart card system to roll out this year that will help reduce lost revenues due to malfunctions with the transit’s electronic fare boxes, according to CBC News. The union representing OC Transpo drivers has been continually warning managers for years that the company is losing revenue because of […]
24 Apr, 2012Smart ticketing comes to bus services in Bedford Borough
Bedford Borough, UK will launch a smart card-based ticketing scheme to improve bus services for local residents, after receiving more than £200,000 in government funding. The Bedford Borough Council has been awarded £218,170 to introduce smart ticketing, install real time information displays, as well as to provide subsidized tickets to encourage more people to travel […]
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