Month: October 2020

Xiaomi lets customers use NFC tags to control their smart home devices

Owners of Xiaomi smart home devices can now configure, link, control and monitor their lighting, security, entertainment systems and other domestic appliances simply by tapping an NFC sticker with their NFC-enabled smartphone. Users can place the Chinese electronics manufacturer’s PonPon Tile 2.0 NFC stickers around their home and use them to transfer instructions to devices …

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NFC Forum reports on consumer attitudes and adoption trends across the world

Seven in ten consumers are confident with the security contactless cards/mobile wallets provide and 88% report a consistently positive user experience with NFC contactless technologies, a survey of consumers in nine countries around the world has found. Two thousand consumers in the USA, China, Japan, South Korea, UK, Spain, France, Germany and Italy took part …

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PBOC reports first counterfeit digital currency wallets

The People’s Bank of China (PBOC) has “found counterfeit digital yuan wallets on the market,” the head of the bank’s digital currency research institute Mu Changchun has revealed. Speaking at the Second Bund Summit in Shanghai, Changchun gave no “additional details” about the discovery of the counterfeit central bank digital currency (CBDC) wallets, but did …

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Apple Pay Enables Ventra Closed-Loop Fare Card in Chicago after Long Delay

By:  Dan Balaban NFC TIMES Exclusive Insight – Apple has finally made good on plans to enable fare payments through Apple Pay with the closed-loop Ventra card from the Chicago Transit Authority, or CTA, the latest major closed-loop card the tech giant has enabled in recent months. Related stories, automatically selected:  Apple Enables Virtual SmarTrip Fare …

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CTA adds support for Apple Pay Express Transit for tap-and-go fare payments in Chicago

Passengers on Chicago Transit Authority (CTA) bus and train services can now use their iPhone or Apple Watch to make tap-and-go fare payments via Apple Pay’s Express Transit mode by uploading the authority’s Ventra transit card to their Apple Wallet. Express Transit enables passengers to pay without needing to unlock or wake their Apple device, …

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India bans mobile payment providers from launching new proprietary QR codes

Payment system operators in India can no longer issue new proprietary QR codes for mobile payments, the Reserve Bank of India (RBI) has announced. The move is part of the RBI’s plan to implement a fully interoperable QR code infrastructure in 2022. India’s two existing interoperable QR codes, UPI QR and Bharat QR “shall continue …

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Visa: Consumers have made an extra 500m touch-free payments in Europe since contactless limits were increased

Visa has processed 500m additional PIN-less, touch-free transactions since contactless payment limits were increased in 29 countries across Europe in response to the Covid-19 pandemic, the card network reports. “The growing demand for contactless is visible across Europe, where over 75% of in-store Visa payments are now contactless,” Visa says. “In some European countries, the …

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