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We looked inside some of the posts by latestdubainews and here's what we found interesting.
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The number of iPhone users globally that have activated Apple Pay has grown by 66m over the past year, from 441m in September 2019 to 507m in September 2020, according to a study published by Loup Ventures. The increase means that 51% of iPhone users have now activated Apple Pay, up from 48% last year. […]
Read the rest of More than 500m iPhone users have now activated Apple Pay at NFCW.
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The People’s Bank of China (PBOC) will keep a database of all transactions made using the digital yuan, China’s central bank digital currency (CBDC), according to China Daily. The PBOC’s centralized design means that it “will spearhead the country’s digital currency issuance and management system, which will control the issuance quota, and conduct unified technical, […]
Read the rest of China to maintain central database of all digital currency transactions at NFCW.
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Commuters on JR East train services in the Tokyo metropolitan area who pay for their tickets using a commuter pass stored on their Suica transit card will receive additional JRE loyalty points for travelling outside peak times from March 2021. The Japanese rail operator will reward passengers travelling on weekdays during a pre-rush hour “early […]
Read the rest of JR East to offer extra loyalty points to transit card users travelling off-peak at NFCW.
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NFC mobile payments accounted for 25% of overall POS transaction volumes in Saudi Arabia in September, Saudi Payments reports. Overall, consumers in Saudi Arabia made more than 266m contactless payments, worth a total of SAR27.5bn (US$7.32bn), in September 2020 and more than nine out of ten POS transactions made in the country during September were […]
Read the rest of Saudi Arabia reports ‘phenomenal’ increase in NFC mobile payments at NFCW.
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Nottingham City Transport (NCT) has become the first transportation operator in the UK city to roll out Nottingham Contactless, a multi-operator ticketing system that lets passengers use open-loop debit and credit cards and NFC mobile phones to pay for fares across multiple transportation operators. “The system automatically calculates the best fare for a customer based […]
Read the rest of Nottingham begins rollout of multi-operator contactless ticketing system at NFCW.
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The total global transaction value of purchases made using smart home devices is expected to rise from US$22bn this year to more than US$164bn in 2025, according to Juniper Research. “Increasing use of voice assistants via smart speakers for ecommerce, propelled by rising user and merchant acceptance, will drive a dramatic growth of over 630% […]
Read the rest of Juniper: Payments from smart home devices will top US$164bn by 2025 at NFCW.
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Public transport users in Nottingham, UK, can now buy credit or an extension to their season ticket with their NFC mobile phone and then transfer it to their multi-operator Robin Hood transit card by simply tapping their card to their NFC device. The Robin Hood Ticketing app enables users to buy season tickets or credit […]
Read the rest of Nottingham adds NFC top ups to Robin Hood transit card at NFCW.
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Payment standards body EMVCo, the Fido Alliance and the World Wide Web Consortium (W3C) have published a document that explains how their technical specifications can be used to enable more secure and convenient card-based ecommerce transactions. ‘How EMVCo, Fido and W3C Technologies Relate’ focuses on secure card payment during online guest checkout with ecommerce merchants, […]
Read the rest of EMVCo, Fido and W3C explain how their technologies can be combined to streamline ecommerce payments at NFCW.
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Spanish consumers are set to be able to self-manage their digital identity on their mobile device using a blockchain-enabled platform being developed by a consortium of 10 companies that includes leading Spanish banks Banco Santander, Bankia, CaixaBank, and Liberbank. “Self-managed identity enables people to have their personal data in a single digital identity, backed by […]
Read the rest of Spanish banks to launch digital ID platform at NFCW.
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Pix, Brazil’s instant payment scheme, has gone live in a “restricted operation phase” prior to full implementation later this month, the Banco Central do Brasil (BCB) has revealed. “From November 3 to 15, some customers of the 762 institutions approved to offer Pix will be able to experience the first transactions with Pix, the instant […]
Read the rest of Brazil begins rollout of Pix national instant payments platform at NFCW.
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Israeli payment services provider Isracard has become the first financial company in the country to announce that it is to enable cardholders with an iPhone to make payments using Apple Pay. “Isracard announced to the stock exchange that it has signed an agreement for four years with Apple and will allow payments in the payments […]
Read the rest of Apple Pay to go live in Israel at NFCW.
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Customers at the Kitasando Coffee shop in Tokyo can now tap an NFC tag with their iPhone to launch the company’s App Clip, place their order and then use Apple Pay to pay for their food and drink. The cash-free Kitasando Coffee outlet is one of the first merchants in Japan to introduce a ‘point […]
Read the rest of Japanese café uses Apple’s new NFC App Clips to let customers order and pay with their mobile phone at NFCW.
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PARTNER NEWS: Antelop Solutions has launched a tokenized card management solution that makes it possible for banks to provide their customers with the ability to view, control, push, update and manage the card details that they have shared with all the different mobile wallet providers and ecommerce merchants they deal with — from within their […]
Read the rest of Antelop lets banks provide their customers with a way to manage tokenized cards from within their mobile banking app at NFCW.
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Nearly two-thirds of consumers in Europe (63%) have abandoned a digital bank application in the past year, compared with 40% in 2019, according to new research. At the same time, the number now using a mobile-first financial service has increased from 30% to 47% over the same period, with 69% of these users saying they […]
Read the rest of Six in ten Europeans abandon digital bank applications during onboarding at NFCW.
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Google Pay users in India can now earn rewards by taking part in a digital travel game and collecting ‘tickets’ for a virtual journey around the country every time they use the mobile payments service on either their Android or iOS device. The Go India game “requires Google Pay users to virtually visit all cities […]
Read the rest of Google Pay drives user engagement with Go India travel game at NFCW.
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All 52,000 Coca-Cola Freestyle soda fountains across the USA will allow customers to order and pay for their drinks directly from their mobile phone by the end of 2020. The company began rolling out its ‘mobile pour’ contactless solution for the Freestyle dispensers in July following a successful pilot in restaurants in Atlanta, Georgia. More […]
Read the rest of Coca-Cola to roll out contactless drinks vending machines across the US at NFCW.
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The European Central Bank (ECB) has launched an online survey that enables consumers and industry experts to express their priorities, preferences and concerns about the issuance of a digital euro as a central bank digital currency (CBDC) and means of payment in the euro area. ECB president Christine Lagarde announced the survey in a tweet […]
Read the rest of European Central Bank launches public consultation on digital euro at NFCW.
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