Contactless

Showing Latest Contactless

Biometrics to secure over $3 trillion in mobile payments by 2025

02 Feb 21 @ 15:50

A new study has found that biometrics will authenticate over $3 trillion of payment transactions in 2025, from just $404 billion in 2020. The report found that biometrics, including fingerprint,... read more

Chinese card payments market skyrockets – Australia subdued from COVID

27 Jan 21 @ 17:33

Card payments in China have been on a sustained growth path for the last few years. While the growth has been somewhat affected by COVID-19, it is still forecasted to... read more

Mastercard enhances contactless payments by applying quantum tech

26 Jan 21 @ 18:04

Mastercard says it will enhance contactless payments by applying the latest quantum-resistant technologies. Mastercard says it has designed the Enhanced Contactless (Ecos) specifications to increase the security and convenience of... read more

New Year, New Habits: Contactless payments and e-commerce are here to stay

14 Jan 21 @ 10:48

As the one-year mark of the COVID-19 pandemic approaches and digital payments play a larger role in daily life around the world, there will be no reverse gear on consumer... read more

The Netherlands Authority for Consumers and Markets probes NFC payments

18 Dec 20 @ 08:00

The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices... read more

COVID-19 drives enormous growth in contactless payments in Nordics

18 Nov 20 @ 16:56

Contactless payments have taken a leap forward during 2020, in part driven by concerns around the potential spread of COVID-19. In the Nordics, the contactless payment ratio has grown from... read more

How technology can boost traveller confidence and accelerate demand

17 Nov 20 @ 18:56

As 2020 comes to an end, leaders in governments and key industries are working to determine how people can safely return to work, particularly in travel and tourism where jobs... read more

Apple Pay usage with merchants and banks growing at 20%

13 Nov 20 @ 16:48

In its fourth annual Apple Pay availability study, Loup Ventures identified a 20% plus increase in adoption from banks and top retailers across desktop sites, mobile web, and apps. These... read more

Infographic: Consumers embrace the convenience and security of contactless

06 Nov 20 @ 16:42

Pre-COVID, over 40% of consumers surveyed used contactless payment daily or almost daily, most with a smartphone. Uses for contactless technology beyond payment – public transportation, digital identity, unlocking and... read more

Payments report: Regional payments revenue growth estimates Asia, LatAm and MEA

04 Nov 20 @ 14:05

Following on from yesterdays post looking at payments revenue growth estimates in Europe and North America, PCM now reviews BCG’s Global Payments 2020 impact of COVID-19, modelling three scenarios for... read more

Visa Tap to Phone contactless payment platform goes live worldwide

26 Oct 20 @ 16:21

After piloting Visa Tap to Phone over the past year, the company has announced the product availability in more than 15 markets with plans to expand to the US and... read more

BRC Payments Survey point finger at card scheme fees – The facts

21 Oct 20 @ 11:20

Over the last couple of days there have been numerous reports around extravagant card scheme fees paid to the major payment networks, retailers had to spend more than £1 billion... read more

Trending

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more