Payments News

On The Web

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Tech

Upgrade Your Drive With Google As Your Copilot

““When it’s time to fill up at the gas station, you can now put away your credit card or cash and say, ‘Hey Google, pay for gas’, on Android Auto or from your Android phone. Select your pump number and complete contactless payment with Google Pay,” Google says .  At launch, the service will be […]
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Tech

Contactless Payment Rises—And So Do Back-to-School Purchases—PSCU Report Shows

“Contactless credit card transactions caught up to their debit counterparts as a percent of volume in August, with 17% of total card-present volume, as tracked in the monthly PSCU Payments Index, attributed to the payment form. That matches the share for contactless debit transactions. PSCU, a St. Petersburg, Fla.-based credit union service organization, issues the […]
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Tech

JPMorgan to Launch Digital Bank Chase in Britain Next Week

“JPMorgan (JPM.N) is set to launch its big assault on British high street banks and online lenders from next week, with the launch of its long-planned digital retail bank Chase. The venture – JPMorgan’s first overseas retail bank – is set to launch its smartphone app initially offering current accounts on Tuesday, a JPMorgan spokesperson […]
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Tech

Contactless Transactions Surge in Cash Loving Germany, Austria and Switzerland

“More than three quarters of cashless transactions in Germany, Austria and Switzerland are now contactless, a remarkable turnaround from pre-pandemic figures of just 40%. The Dach region, until recently heavily reliant on cash and invoicing, has experienced a dramatic transformation in contactless adoption over the last two years.In June 2019, overall contactless adoption in the […]
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Tech

VTB Tests AR and Face Pay Technology

“Russia’s VTB is exploring new technologies with a pair of pilots, one that lets customers view notifications in augmented reality and the other letting them pay for metro rides with their faces. The AR feature lets iOS VTB online app users navigate to their notification feed an select the item they want from the menu.They […]
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Tech

Ex-Ripple Executives Plan PingNpay, a Blockchain Micropayment Network

“London-based pingNpay, a new blockchain-based payments platform, has moved out of stealth mode by announcing its plan to launch a global micropayment network at some point in 2022. pingNPay seeks to create a new category of high frequency, low-value payments, like less than $20,  as part of a web 3.0 initiative. pingNPay is expected to start […]

On The Wires

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Tech

Dejamobile’s Tap on Phone App Available on PAXSTORE

“The solution uses the latest technology based on Mastercard, Visa and PCI standards to convert non-payment devices into secure and certified point of sale terminals. Those devices are then capable to accept contactless payments, both for transaction amounts within a country’s contactless floor-limit or for higher value amounts through secure PIN entry. The PIN entry is done […]