Samsung begins global rollout of mobile POS app that lets merchants accept payments on standard Android phones

Samsung’s NFC phone-based contactless payments acceptance service is now live in Canada and is to be introduced globally “starting in 2020”, the company has announced. The rollout of the new mPOS service follows the successful completion of a pilot in Canada that saw more than 10,000 merchants downloading a Samsung POS app that let them…

Facebook loses Libra cryptocurrency backers

Visa, Mastercard, eBay, Stripe and Mercado Pago have followed PayPal in pulling out of Facebook’s Libra cryptocurrency project. The moves mean that PayU is now the only payments company to still be listed as a founding member of the Libra Association. Read the rest of Facebook loses Libra cryptocurrency backers at NFCW.

Royal Mint produces solid gold payment card

The UK’s Royal Mint has unveiled a payment card that is produced entirely from 18-karat gold and comes with “no spending limit”. Dubbed “the world’s first hallmarked precious metals payment card”, the new Raris debit card is part of a growing trend in ultra-premium card formats. Swiss jeweller Armillion, for instance, recently unveiled a contactless…

EMT to pilot blockchain and face recognition ticketing in Madrid

Madrid public transportation operator EMT has announced plans to run two next-generation transportation payments pilots. The first is a blockchain-based mobility-as-a-service platform while the second involves a six month pilot of face recognition based ticketing on the city’s buses. For the blockchain project, the goal is to create a single mobility-as-a-service (MaaS) platform that can…