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As E-Commerce Surges, Major U.S. Payments Networks Announce Plans to Expand Click to Pay Globally

By: Dan Balaban NFC Times Exclusive Insight – As e-commerce continues to grow in importance as Covid-19 lockdowns ease, four major U.S. payments networks announced today they are laying the groundwork to expand their uniform e-commerce checkout platform internationally. Related stories, automatically selected: With E-Commerce Skyrocketing, Tokenized Transactions Expected to Soar, as Well In-Depth: Tokenization Figures…

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Card networks begin global Click to Pay rollout

By peachwireNFC World

American Express, Discover, Mastercard and Visa have announced that “they are each beginning technical preparations for global expansion” of Click to Pay, the single buy button solution for online merchants based on the EMVCo Secure Remote Commerce (SRC) standard. Australia, Brazil, Canada, Hong Kong, Ireland, Kuwait, Malaysia, Mexico, New Zealand, Qatar, Saudi Arabia, Singapore, United…

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Apple Pay to add support for QR mobile payments in iOS 14?

By peachwireNFC World

Apple is preparing to add support for both merchant-presented and consumer-presented QR mobile payments to Apple Pay later this year, a hidden feature in the second developer beta of iOS 14 suggests. Apple Pay support for merchant-presented QR codes was revealed during the launch of Apple’s NFC and QR code-based App Clips service at WWDC…

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Chinese city rolls out face verification ticketing on bus and subway services

By peachwireNFC World

A new face verification ticketing system has been introduced in the city of Guiyang, capital of China’s Guizhou province, enabling public transportation users to board buses and subway services without having to show their ticket or tap a card or smartphone. “To access the service, citizens need to download and register on a mobile application,”…

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Orange Bank introduces mobile-first debit card in Spain

By peachwireNFC World

Customers of Orange Bank in Spain will now be automatically issued with a digital debit card that they can use to instantly begin making mobile payments both online and in-store — and can also request a companion physical card that comes without a printed card number, CVC code or expiration date. “Thanks to its digital…

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STIB switches on contactless payments across Brussels

By peachwireNFC World

Public transportation users in Brussels can now use their contactless bank card, NFC mobile phone or smart watch to pay for their fares on any of the city’s bus, tram and metro services. “STIB has been installing new validators for several months in its stations and vehicles,” the city’s public transportation operator says. “These validators…

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Transit Payments Company Head: Apple and Google Positioned to Take Bigger Piece of Payments Industry

By peachwireNFC Times

By: Dan Balaban NFC TIMES Exclusive Insight – The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could change their relationship with payments networks Visa and Mastercard from one of collaboration to one of competition. Related…

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US Bank lets companies instantly send a corporate card to employees’ mobile phones

By peachwireNFC World

Corporate customers of US Bank can now send a digital corporate card directly to an employee, contractor, volunteer or customer’s mobile phone, enabling them to instantly begin charging online and in-store purchases to the company — subject to a strict spending limit and expiration date. “With a few simple steps, a company can send an…

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Nedbank to roll out support for contactless payments on standard NFC smartphones

By peachwireNFC World

South Africa’s Nedbank has become the first bank in Africa to enable merchants to accept contactless payments on standard NFC phones. To use the new tap on phone service, merchants need an NFC smartphone running Android 7.0 or above. They can then accept payments via either contactless cards or QR codes. The service is currently…

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NatWest lets online merchants accept instant payments from shoppers’ bank accounts

By peachwireNFC World

The UK’s NatWest bank has launched Payit, an online payments service that uses open banking to make it possible for merchants to accept payments directly from consumers’ bank accounts. “With customers of the UK’s nine largest banks eligible, consumers don’t need to bank with NatWest to take advantage, and can use the service by selecting…

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