Payments News

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Tech

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.”
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Tech

Polish Mobile Payments Service Lets Users Make NFC Payments Direct From Bank Account

“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 a debit or credit card. Polish mobile payments service provider Blik is making the contactless functionality available in the […]
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Tech

Apple Stores to Use NFC Tags for Enhanced Custom Notifications

“Apple Store customers may soon be able to receive enhanced custom notifications for subscription services including Apple Arcade, Apple TV+ and Apple Music by tapping in-store NFC tags. The NFC tags and QR codes currently deployed in some Apple Store outlets redirect customers to the landing page of Apple service apps, but the iOS 14.5 […]
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Tech

ExxonMobil to combine NFC and QR mobile payments at the pump

“Drivers refuelling their vehicles at Exxon and Mobil fuel stations across the USA will soon be able to use their mobile phone to make both NFC and QR contactless payments at the pump. ExxonMobil is rolling out its ‘point and pay’ technology to more than 11,500 of its  stations, allowing customers to pay by either […]
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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 […]
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Companies

Apple Would Have to Share Payment Tech Under Rules Mulled by EU

“The European Union is considering new rules that would likely require Apple Inc. to give competitors access to payments technology inside its iPhones. The new laws would prevent mobile device manufacturers from limiting access to near-field communication technology embedded in smartphones and other devices such as smartwatches, according to documents obtained by Bloomberg. NFC technology […]
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