On The Web

nbsp;

Companies

Costco Activates Contactless Payments in US Locations

August 20 2018

• in
• Contactless

“Costco, the sixth most valuable retail brand in the world and second largest retailer worldwide in 2016 according to Statista, will accept both NFC-enabled cards and Apple Pay through contactless payments at its US stores, Payments Source reports. The store is also rumored to be testing a digital membership card, Payments Source notes, though Costco […]

nbsp;

Market Reports

Data: Who wants contactless cards?

August 17 2018

• in
• Contactless

“U.S. issuers previously shied away from contactless cards for several reasons, including the relatively low number of NFC-enabled merchants and the cost of overhauling card portfolios just a few years after the painful 2015 EMV liability shift. But recent moves by key merchants and issuers could spark a change, depending on how consumers respond.”

nbsp;

Tech

Dynamics’ high-tech card picks up bank support in Japan

August 14 2018

• in
• Card technology
• Chip cards
• Contactless

“The interactive payment card market has had a tough time gaining traction, but it’s getting a boost as GMO Aozora Net Bank plans to launch Dynamics Inc.’s battery-powered interactive debit and cash card to its customers next year. The new Visa card features a touch sensitive keypad and digital display as well as magnetic strip, contact […]

nbsp;

Global

Most Aussies are aware of tap and go but hardly any of us are using it

September 24 2018

• in
• Australia
• Contactless

“In a world awash with new ways to pay, it appears only a small percentage of us are actually utilising them. A study from Roy Morgan based on interviews with over 50,000 consumers found that despite 57.3% of Australians being aware of tap and go payments, only 11.5% had used it in the past 12 […]

nbsp;

Tech

Visa Begins a U.S. Contactless Payments Push Again. This Time the POS Hardware Is in Place

September 26 2018

• in
• Contactless

“Visa says 50% of its face-to-face transactions happened at contactless-enabled merchant locations as of June, meaning the merchant’s point-of-sale equipment was enabled, and not just capable, of conducting a contactless card payment. Unlike mobile payments, in which consumers use smart phones to make tap-and-go payments with digital versions of cards, contactless credit and debit card payments […]

nbsp;

Tech

French bank pilots fingerprint card that removes the contactless transaction limit

October 19 2018

• in
• Contactless
• NFC

“Societe Generale is testing the idea of issuing bank cards that incorporate a built-in fingerprint verification sensor with the aim of using the added security the cards provide to allow customers to make contactless payments “with no limit on the amount.””

nbsp;

Tech

Getting Contactless Right Demands a Lot of Basic Blocking And Tackling, Expert Panel Says

October 4 2018

• in
• Contactless

“It’s no secret contactless payments have struggled in the United States, but less discussed is what needs to be done to boost usage. A paucity of dual-interface cards—EMV plastic that can either be inserted into terminals or tapped on them—is much to blame, but it turns out the answer goes well beyond that gap. It […]

On The Wires

nbsp;

Tech

IDEMIA and JCB Partner to Launch Google Pay in Japan

October 10 2018

• in
• Contactless
• Mobile wallets
• NFC

“IDEMIA, the global leader in Augmented Identity, today announces its partnership with JCB, the only international payment brand based in Japan, to launch Google Pay in Japan. Users will be able to make contactless mobile payments in store using their JCB branded credit, debit, and prepaid cards enrolled in their Google Pay, at places such as […]

nbsp;

Tech

NCR Becomes First Provider to Achieve Contactless EMV Certification for its OPTIC Outdoor Payment Solution

October 5 2018

• in
• Contactless
• EMV

“NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced it has received certification with the largest independent payment processor in the U.S. for EMV contactless payments on its Outdoor Payment Terminal, NCR OPTIC, that is targeted specifically for Convenience and Fuel Retail. EMV contact payments on the NCR OPTIC terminal were certified in […]

nbsp;

Global

Island Pay Launches its first Caribbean Mobile Payment Solution in The Bahamas using Samsung technology

September 12 2018

• in
• Bahamas
• Contactless

“The new service will allow Bahamians and visitors alike to make contactless payments between themselves or with Island Pay merchants across the whole of the island archipelago. CCP is running on secure chip technology from Samsung Semiconductor, the software application platform is provided by Smartlink, a Swiss fintech specializing in mobile and alternative payment solutions.”