Report: NFC-ready POS terminals reached 24.7M in 2017

The market for NFC-ready point-of-sale terminals continues to show strong momentum with annual shipment in 2017 reaching an estimated 24.7 million units worldwide, according to a report from IoT analyst firm Berg Insight. The attach rate for NFC was highest...

Cellum helps bring contactless wristbands to Hungary music festivals

Cellum, a Hungary-based mobile payments technology provider, is working with Festipay to bring contactless-enabled wristbands to music festival patrons to use as a ticket and payment device, according to a press release. Patrons can use the wristband in conjunction with...

Grab brings popular mobile wallet to Malaysia

Singapore-based Grab has launched its popular mobile wallet in Malaysia thanks largely to a partnership with Maybank, according to a press release. "What's stopping many in Malaysia from adopting cashless is the perceived lack of safety and convenience," Ooi Huey...

BBVA tests facial recognition payments

BBVA is testing a facial recognition program with its employees that enables them to use the technology to pay for food at the company's cafeterias and restaurants throughout a seven-building complex, according to a report from BankingTech. Employees who dine...

99 Ranch Market to accept Alipay at North American stores

99 Ranch Market, one of the largest Asian supermarket chains in the U.S., has announced a partnership with Alipay that will enable customers to pay for items using Alipay's mobile wallet in-store, according to a press release. Beginning July 1,...

Visa touts contactless payments at World Cup venues

Approximately one in every five (17 percent) purchases with Visa cards at World Cup soccer matches in Russia used contactless payment technology, including smartphones, bracelets and rings, according to a press release from the card network. Within the stadiums the...

UnionPay brings QR code mobile payments to North America

UnionPay International is partnering with Bank of China (Canada) to enable all Foodymart stores in Canada to accept UnionPay QR code payment, according to a press release. Some food and beverage merchants in California, have recently started accepting UnionPay QR...

Study: Apple Pay to reach 200M users by 2020

The global number of mobile contactless users will exceed 760 million by 2020, up from an estimated 440 million in 2018, according to a new study from Juniper Research. It forecasts OEM Pay services, including Apple Pay, Samsung Pay and...

Venmo officially launches companion debit card

After a year of tests, Venmo Monday officially launched a companion debit card to its popular mobile person-to-person app. The card, which is MasterCard-branded and contactless, is in limited release. Perspective users can join a waiting list for the card...

Study: mPOS devices to account for almost 25% of POS transactions by 2023

A new study from Juniper Research has found that the adoption of mPOS devices connecting wirelessly or via mobile devices, such as those from iZettle and Square, will drive annual mPOS transactions to over 87 billion by 2023. This will...

UK debit card use surpasses cash for first time thanks to contactless, digital payments

The popularity of contactless payments, online shopping and smartphones is having a significant effect on how U.K. consumers manage money and pay for things, leading to debit cards overtaking cash as the most used payment method in region, according to the latest research from U.K.

Study: Consumers seek more payment options at unattended terminals

Some 70 percent of consumers want unattended terminals to accept both card and cash payments and a significant number are willing to use wearable devices or digital wallets at these locations, according to a survey of U.S., U.K. and Australian...

UK small businesses increase acceptance of mobile payment apps

New research commissioned by Verifone shows how U.K. small and medium enterprises are modernizing their businesses to deal with the huge demand from a digitally-savvy society, according to a press release about the study. The independent report, conducted by Verve...

Mobeewave's brings mPOS product to the UAE

Network International, a payments product provider that services the Middle East and Africa, is set to rollout Mobeewave’s patented in-person contactless payment acceptance platform in the United Arab Emirates, according to a press release. MasterCard and IDEMIA also are involved...

Bank Customer Experience Awards accepting entries through June 15

Through Friday, June 15, Networld Media Group is accepting entries for the annual Bank Customer Experience Awards competition. The awards honor financial institutions and fintech providers whose unique strategies and technologies are heightening the consumer experience in four categories: Best...

ABN Amro touts success with wearable payments test

ABN Amro might be on to something with its recent wearables pilot. The bank launched a pilot earlier this year in which 500 clients were asked to make payments using wearables. Of these clients, 78 percent of users now prefer...

Mobile-only Starling Bank enables Google Pay in-app provisioning

Starling Bank, the mobile-only bank based in the U.K., claims it will be the first bank in the region to offer Anroid phone users the ability to setup Google Pay within the Starling app through the use of push provisioning,...

EMVCo moves to promote global interoperability with QR codes

EMVCo, the global technical body that manages the EMV specifications, has created a QR Payment Mark to promote global interoperability across EMV QR-code payments, according to a press release. EMVCo has developed reproduction requirements and a free licensing structure to...

Wirecard to power contactless payments in Garmin smartwatches

Wirecard is partnering with Garmin to provide Garmin smartwatch owners a digital payment experience through Wirecard's flagship product, boon, according to a press release. As of now, Garmin smartwatch users in France, Italy, Ireland, Spain, Switzerland, and the U.K. will...

Ingenico, USA Technologies partner on payments for unattended retail

Ingenico Group and USA Technologies Inc. have partnered to provide the unattended retail marketplace with a bundled service that pairs Ingenico's hardware, software, security and services products with USA's ePort Connect services platform specifically designed for the unattended retail market,...

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Talking With: Amanda Manna about retailers and digital disruption