NFC World

News from the NFC World journal

Swedish sportswear brand adds NFC zippers to enhance customer engagement

CONNECTED: Wearers tap the NFC zipper pull with their phone to access care guides and other features Swedish sportswear brand Houdini has added an NFC-enabled zipper pull to its latest One Parka waterproof coat that lets consumers who purchase the garment connect with the brand and access use and care guides, support services and other …

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Unspent stored value on Starbucks prepaid cards nears US$1.63bn

PREPAID: Starbucks Rewards unspent stored value grew by almost US$200m in the year Q3 2020 to 2021 Starbucks customers have accumulated a total unspent balance of US$1.628bn on the company’s prepaid physical and digital reward and gift cards, the coffee giant’s 2021 Q3 earnings call has revealed. The company lists the total value its customers …

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Strasbourg rolls out interoperable NFC ticketing for all Android devices

INTEROPERABLE: Public transport users in Strasbourg can now use Android NFC devices to pay and travel Owners of Android NFC smartphones can now purchase, store and validate digital tickets and monthly or annual passes for buses, trams and other public transportation services in the French city of Strasbourg on their mobile device. Transit operator Compagnie …

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Australian public hearing considers case for regulatory controls to ensure payment apps get access to smartphone NFC technology

An Australian parliamentary committee has held a public hearing at which it heard evidence from representatives of leading Australian banks, payment services providers and other financial bodies on regulatory issues including whether companies such as Apple should be mandated to allow third-party payment apps access to a smartphone’s NFC chip. The issue was brought to …

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Santa Barbara gets fare capped open loop contactless ticketing as California rollout expands

OPEN LOOP: Clean Air Express passengers can tap to pay with a contactless card or a mobile wallet Passengers travelling on express bus services in the Santa Barbara region of the US state of California can now pay their fares by tapping an on-board payment reader with their contactless debit, credit, prepaid card or mobile …

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Estonia’s central bank tests blockchain-powered digital euro solution

Eesti Pank, the central bank of Estonia, has tested a blockchain-powered technical solution for the use of a digital euro central bank digital currency (CBDC) that it says is capable of handling more than 300,000 simultaneous payments a second and enables payees to receive a payment in less than two seconds. “The experiment established that …

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Oman to make it mandatory for all merchants to accept cashless payments

CASHLESS SUPPORT: The Central Bank of Oman is not charging for POS installation or monthly fees All merchants and other commercial enterprises across the Sultanate of Oman will be obligated to offer customers the option of making cashless payments for goods and services from 1 January 2022. The Omani Ministry of Commerce, Industry and Investment …

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Juniper forecasts contactless card transactions will total US$2.5tn globally in 2021

The total value of contactless card transactions worldwide will reach US$2.5tn in 2021, up from US$1.7tn in 2020, Juniper Research predicts. The researchers also forecast that card payments will retain “the majority share of overall contactless transaction values at 79% in 2021”. In addition, the research identifies that “market growth has already been catalysed by …

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Polish mobile payments service lets users make NFC payments direct from bank account

DIRECT: Customers of six banks in Poland will be able to use their mobile banking app to pay contactlessly Consumers in Poland will soon be able to use their Android NFC device to make tokenized contactless payments at the point of sale (POS) directly from their bank account via their mobile banking app without needing …

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Swiss mobile payments provider to roll out cross-border payments in 2022

CROSS-BORDER: Twint is to enable Swiss users to make digital payments in other European countries Swiss consumers with a Twint digital wallet will be able to make digital payments with their credit card or directly from their bank account in other European countries from 2022, the Swiss mobile payments service says. Twint revealed plans to …

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