Barclays opens Pingit wearable payments store

Barclays has opened an online store which will offer users of its Pingit mobile payments service a wide range of wearable payments devices, including watches, jewellery, wristbands and key fobs. “Customers will be able to purchase Pingit’s newly released range of fashion and lifestyle accessories embedded with payment capabilities, from key fobs to wearable payment…

UK Tram Riders Take to Tapping with NFC phones to Pay for Fares, According to Early Results

By:  Dan Balaban NFC TIMES Exclusive – Transport for Greater Manchester, which last month launched open-loop payments on its large Metrolink tram network, said Thursday that contactless credit and debit cards and NFC wallets accounted for a combined 170,000 rides during the first four weeks of the service. Related stories, automatically selected:  In-Depth: Five Years…

In-Depth: NFC Wallet Use for Open-Loop Transit Grows but Still Makes Up Relatively Small Share of Contactless Payments

By:  Dan Balaban NFC TIMES Exclusive – When New York City transit officials announced Tuesday that the 1 millionth ride paid for through their new OMNY open-loop payments service had arrived ahead of schedule, they also proudly noted that 80% of the contactless payments had come from NFC wallets, not physical bank cards.  Related stories, automatically…

In-Depth: Despite New York’s Skewed Early Figures, NFC Wallets Still Make Up Relatively Small Share of Open-Loop Transit Payments

By:  Dan Balaban NFC TIMES Exclusive – When New York City transit officials announced Tuesday that the 1 millionth ride paid for through their new OMNY open-loop payments service had arrived ahead of schedule, they also proudly noted that 80% of the contactless payments had come from NFC wallets, not physical bank cards.  Related stories, automatically…

MTA reports ‘much higher’ than expected Omny contactless transit payments adoption in New York

New York’s Metropolitan Transportation Agency (MTA) says its new Omny open loop contactless payments system recorded its one millionth transaction on 8 August, “a remarkable milestone accomplished at a much higher usage rate than initially estimated”. “When we launched Omny a mere 10 weeks ago today, we knew that some New Yorkers would immediately begin…