News from the NFC World journal
APPLE PAY: South Koreans can now add their credit or debit card to the Wallet app on their iPhone Apple Pay has launched in South Korea with support for Mastercard, Visa and local debit and credit cards issued by Hyundai Card. Apple has added the country to its list of territories where the service is …
UPGRADE: MTR customers will soon be able to use their physical or mobile credit card to travel Passengers travelling on services operated by Hong Kong’s Mass Transit Railway (MTR) will soon be able to make contactless fare payments with their physical or digital credit card as well as an Octopus transit card or a digital …
MTR begins open loop contactless fare payments rollout in Hong Kong Read More »
DISCOVERY: Xiaomi’s Wireless AR Glasses can be paired with compatible devices using NFC Chinese electronics manufacturer Xiaomi has filed a patent with the China National Intellectual Property Administration (CNIPA) for technology that would enable users of its wearable augmented reality (AR) glasses to initiate and authenticate contactless QR code payments. The system works by capturing …
Xiaomi files patent for technology supporting contactless QR payments on AR glasses Read More »
NATIONWIDE: The Deutschland-Ticket app also provides access to real-time transport information Public transport users in Germany will soon be able to purchase a physical or digital contactless travel pass that will enable them to make unlimited journeys on local and regional public transport services across the entire country for a fixed monthly fee. The Deutschland-Ticket …
ACCESS CONTROL: Apple users can store their employee badge in Wallet and access secured areas by tapping their phone on a door’s NFC-enabled reader Apple users working in landmark City of London skyscraper 22 Bishopsgate can now gain access to the building, their workplace and shared amenities with a tap of their iPhone or Apple …
CASH IN APP: Passengers can now use cash to fund the purchase of digital tickets on their smartphone Passengers using NJ Transit services across the US state of New Jersey who do not have a bank account or a debit or credit card can now use cash to fund the purchase of digital tickets and …
NJ Transit adds cash top-ups to mobile ticketing app Read More »
SMART HOME: The white paper explains how NFC provides innovative, intuitive and seamless solutions for multiple use cases across a product’s life cycle KNOWLEDGE CENTRE: A new white paper from STMicroelectronics that sets out the benefits to both device manufacturers and consumers of using NFC to enhance, simplify and secure smart home applications is now available …
ST explains how smart home device makers can use NFC to offer a better user experience Read More »
DIGITAL RUPEE: Kochi Metro users will soon be able to pay for parking using a CBDC wallet on their phone Passengers using rapid transit services operated by Kochi Metro in the Indian state of Kerala will soon be able to make contactless parking payments with the country’s central bank digital currency (CBDC) as part of …
Indian rapid transit system to trial digital rupee for contactless parking payments Read More »
CASHLESS NATION: Singaporeans most commonly use contactless cards for convenience store shopping More than eight in ten consumers in Singapore now use contactless cards (82%) and the widespread use of and preference for contactless card payments is one of the key drivers behind the country’s “shift towards becoming a cashless nation”, according to a Visa …
Visa reports on contactless and mobile payments adoption in Singapore Read More »
The total annual value of transactions made using central bank digital currencies (CBDC) will exceed US$213bn by 2030, up from US$100m in 2023, according to a Juniper Research forecast. The forecast also predicts that the percentage of the total transaction value accounted for by domestic CBDC payments will fall from “almost 100% during the current …
CBDC transactions to top US$213bn worldwide by 2030 Read More »
