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Reports

Tap to pay is taking off

May 15 2019

• in
• Contactless

“Last year at Visa Payments Forum, Visa’s annual conference for customers and partners, a major discussion was the expansion of tap to pay in the United States. As this year’s event begins in Chicago, Visa is excited to share that tapping to pay is becoming a reality across the U.S. and continues to gain momentum […]

On The Web

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Tech

Wells Fargo and Barclays Back Fintech Company OpenFin

May 16 2019

“Founded in 2010, the company has developed an operating system that enables financial institutions to more easily create and upgrade their computer applications, similarly to how consumer apps are updated on smartphones. This can help large firms cut down on the time and money needed to modernize the software they use for a wide array […]

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Tech

Apple Pay Now Accepted for ITunes, App Store, Apple Music, and ICloud Purchases in Some Countries

May 15 2019

• in
• Mobile wallets

“This functionality is rolling out as a server-side change in the United States, Canada, Australia, Singapore, Hong Kong, Taiwan, Russia, Ukraine, and the United Arab Emirates, so it is not available for all users yet. In the United States, users can also link an Apple Pay Cash card to an Apple ID account. There are a handful of benefits […]

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Tech

Japan to Unify Mobile Payment Codes, Enlisting Chinese Giants

May 16 2019

• in
• QR codes

“Line and Alibaba Group Holding are among five major internet businesses from Japan and China that will standardize QR codes that are scanned to make payments via smartphones in Japan, Nikkei has learned. The others joining this undertaking are online flea market operator Mercari and mobile carrier NTT Docomo from Japan and Tencent Holdings ‘ […]

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Tech

Apple Announces Support for Apple Pay NFC Stickers, Partners With Bird Scooters and More

May 14 2019

• in
• NFC

“Right now, physical Apple Pay transactions require bulky terminals like those you find at retail store checkouts. With the new support, an iPhone will know how to read a specially-encoded NFC tag (that can be as inert as a sticker) and automatically show the Apple Pay purchase interface when a user holds their device near […]

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Tech

Mexico Pilots National NFC and QR Mobile Payments System

May 16 2019

• in
• NFC
• QR codes

“Mexico’s central bank Banxico has begun trials of its cashless QR and NFC Cobro Digital (CoDi) electronic payment system with employees of financial institutions including BBVA Bancomer , Citibanamex , Santander , Banorte , Banregio and Fincomun . The system works by using QR codes to make electronic transfers through mobile phones which are linked […]

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Tech

Ticketmaster to Roll Out NFC Ticketing for IPhones and Apple Watches ‘later This Year’

May 20 2019

• in
• NFC

“Support for NFC mobile ticketing forms part of SafeTix, a new Ticketmaster service that the company said “leverages new technology to give event owners control over their tickets by tying a unique, identifiable digital ticket to each fan’s mobile phone through an encrypted barcode that automatically refreshes every few seconds”.”

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Tech

ATMs, Once the Future of Banking, Are Starting to Become More Scarce

May 20 2019

• in
• ATM

“The number of ATMs around the world fell for the first time last year as banks closed branches and redirected resources toward digital payments, consulting firm RBR said in a study released Monday. Declines in four of the world’s five largest markets — China, the U.S., Japan and Brazil — drove the 1% drop in […]

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Global

PayMaya Expands Boracay’s First ‘cashless’ Ecosystem With QR Payments

May 20 2019

• in
• Phillippines
• QR codes

“PayMaya is now the preferred payment option in some of the merchants in Boracay where users can pay using their app via PayMaya QR, including restaurants like Spice Bird in D’Mall, Titos near Station 2, and Sunny Side Café in Station 3; convenience store like Budget Mart; and Epic Bar, among many others. This is […]

On The Wires

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Tech

Mastercard and ZIVELO Leverage Artificial Intelligence to Revamp the Ordering Experience at Quick Service Restaurants

May 16 2019

• in
• AI

Today, Mastercard announced a partnership with ZIVELO, a leader in self-service kiosk technology, to enhance the drive-in and drive-through ordering experience for quick service restaurants (QSRs) with a first-of-its-kind AI-powered voice assistant and personalized dynamic menu. Sonic Drive-In will be the first partner to pilot the new experience at selected Sonic locations in the U.S. […]