Payments News

On The Web

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Tech

Crédit Agricole’s Paylib contactless mobile payment service, based on dejamobile’s HCE Solution, is now accessible to Visa card holders

“French bank Crédit Agricole’s is extending its HCE (Host Card Emulation) based mobile payment service to Visa holders. Only available to Mastercard card holders so far, the bank MaCarte application and Paylib, the French interbank payment brand, will now allow Visa card holders to use their smartphones to pay instore. Crédit Agricole is the first bank in France to offer a mobile payment service […]
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Tech

Apple Wants To Use The Technology Behind Wireless Payments To Let You Open Your Door

“Apple plans to open up the technology it uses for wireless payments so that it can be applied to other applications. In fact, at the company’s Cupertino, California campus, employees can already swipe into the office using their iPhones to unlock doors, reports The Information(paywall). Apple is expected to announce the development next month. The technology […]
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Domains

Shipments of NFC-ready POS Terminals Reached 24.7 Million In 2017

“According to a new research report from specialist IoT analyst firm Berg Insight, the market for NFC-ready POS terminals continued to show strong momentum in 2017 with annual shipments reaching an estimated 24.7 million units worldwide. The attach rate for NFC was highest in EU28+2 and North America, where 90 percent and 88 percent respectively […]
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Global

Google pay app Tez to add ‘tap n pay’ option

“Users of Google’s Tez will soon be able to load their cards and enable ‘tap and pay’ in the payments app. The internet giant also plans to make Tez payments available for other Google products as well, which means that users in future will be able to make payments through email and see shops accepting […]
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On The Wires

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Security

Thinfilm and Clause Collaborate to Deliver NFC Technology to Blockchain Smart Legal Contracts

“Through the collaboration, Clause and Thinfilm will use NFC to facilitate the pairing of physical goods to digital contracts through the tap of a smartphone. The resulting connection will deliver key functional and efficiency improvements for customers across the Clause “connected contracting” platform, including contract creation and management, supply chain administration, and invoice/payment automation.”
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