Payments News

On The Web

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Global

Standard Bank to support contactless payments in 15 African countries

“Standard Bank is supporting the mass rollout of contactless cards across Africa as the financial services group reports an accelerated increase in the use of tap and pay across the continent.  Based in South Africa, the group is currently enabling contactless payment capabilities for customers in 15 African markets, including Botswana, Eswatini (Swaziland), Ghana, Kenya, […]
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Tech

Apple Pay now active on 507M iPhones, bank and retailer adoption grows 20%

“Apple Pay has been activated on 507 million iPhones as of September as year-over-year retailer and bank adoption growth hit 20%, according to a new study.   That data comes from Loup Ventures’ fourth annual Apple Pay availability study, which tracks growth and adoption of the Apple payment platform. Loup Ventures conducted similar studies in […]
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Tech

Albertsons unveils contactless payment option at all stores

“Albertsons Pay users can choose one of two new contactless pay options through the just for U app: Albertsons Direct, a safe and secure way for shoppers to pay through their bank, and Albertsons Cash, a stored-value account that can be pre-loaded and used across all Albertsons Cos. stores. After setup, customers simply show the QR […]

On The Wires

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Domains

O-CITY enters Kenya to drive contactless payments across Matatu bus service

“O-CITY , the automated fare collection provider by BPC, today announces its initiative to drive contactless payments across bus services in Nairobi, Kenya. The O-CITY pilot, designed to reduce the use of cash in response to the COVID-19 pandemic, was launched in partnership with transport savings and credit specialists, NikoDigi, and Kenyan payments firm, Tracom, to […]
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Companies

Mastercard enables Google Pay rollout across Europe

“Starting today, Mastercard will extend the Google Pay service to cardholders across Austria, Bulgaria, Estonia, Greece, Hungary, Latvia, Lithuania, Netherlands, Portugal, and Romania together with its issuing partners. With Google Pay, users with eligible Android devices will be able to make secure, fast and convenient purchases in stores and online. Furthermore, this will also give them the […]
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Tech

Cash Is Out, Contactless Is In, and Changes in the Way People Pay Look Likely to Stay

“The latest Expectations & Experiences consumer trends survey from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, reveals how people are adjusting their financial behaviors and preferences during the COVID-19 pandemic. Many consumers who have made changes to their payment habits anticipate the changes will be permanent, with initial indications […]
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Tech

i2c Inc. Partners with Purewrist to Provide Wearable Solutions for Contactless Payments at Events, Retail Stores, Transit and More

“i2c Inc. , a leading provider of digital banking and payment processing technology and infrastructure, today announced its partnership with Purewrist , an innovative FinTech company specializing in end-to-end contactless payment solutions and wearables. i2c’s highly-configurable platform will be leveraged for transaction processing of tap-and-go payments made with the Purewrist GO™ wearable at NFC contactless […]
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Companies

500 million additional touch-free Visa payments as European contactless limits increase

“Visa announced that it has processed more than half a billion additional touch-free payments, where previously consumers would have needed to use a PIN pad, since contactless limits were increased in more than 29 countries across Europe. COVID-19 has transformed contactless payment from a nice-to-have to a must-have. The ability to pay digitally in-stores is […]
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Companies

Visa Tap to Phone Transforms Payment Acceptance for Sellers Worldwide

“As the world increasingly turns to digital payments amidst COVID-19, a simple mobile app can help millions of sellers worldwide quickly and securely accept contactless payments, while improving the checkout experience for customers. After piloting Visa Tap to Phone over the past year, Visa (NYSE:V) today announced product availability in more than 15 markets with […]
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Tech

MagicCube Unveils i-Accept the World’s First Software-Based Replacement for Traditional Payment Terminals Supporting Tap&PIN for all four major card networks

“MagicCube , the leader in the new category of Software Defined Trust (SDT), today announced the availability of i-Accept ™, a complete software-based replacement for traditional payment acceptance terminals. Through i-Accept™, acquiring banks and disruptive financial services institutions can now enable their merchants and retailers to accept contactless cards, including those from American Express®, Discover®, Mastercard® and […]