Tagged: contactless payments

Contactless Payments: Fintech PayBy Introduces Fast and Secure Mobile Payment App in the UAE, Following COVID-19 Outbreak

Individuals and organizations are increasingly looking for ways to access services that require minimal or no physical contact, following the deadly Coronavirus (COVID-19) outbreak. Fintech firm PayBy has introduced a fast and secure mobile payment services platform in the United Arab Emirates (UAE). PayBy’s solution… Read More

San Francisco-based Fitbit Introduces Fitness Wristband with Standard Contactless Payments Feature

San Francisco-based Fitbit, a company that (recently acquired by Google for $2.1 billion) offers compact, wireless, wearable sensors that track users’ daily activities in order to encourage people to adopt a healthy and active lifestyle, has introduced a fitness wristband that comes with a contactless… Read More

National Bank of Oman Encourages Users to Perform Contactless Payments to Prevent Further Spread of Coronavirus

National Bank of Oman (NBO), one of the largest financial institutions in the country and its first local bank, aims to raise awareness regarding the importance of practicing safe banking during the coronavirus (COVID-19) outbreak. The NBO has taken several measures to ensure its clients… Read More

Contactless Payments: National Payment Corporation of India Requests Locals to Perform Digital Transactions to Reduce Physical Contact During Coronavirus Outbreak

The National Payment Corporation of India (NPCI), a local, non-profit umbrella organization for operating retail payments and settlement systems in the country, has requested the nation’s residents to make digital payments in order to reduce physical contact during the deadly coronavirus (COVID-19) outbreak. The NPCI,… Read More

Fintech OLB Group, a Digital Commerce Solution Provider, Introduces Measures to Help Reduce Spread of Coronavirus

New York-based Fintech OLB Group, a digital commerce solution provider that offers outsourced private label shopping solutions to large websites and retail outlets, has introduced measures and initiatives to help reduce their risks and to ensure stakeholder protection as the coronavirus (COVID-19) outbreak continues to… Read More

Contactless Payments to be Allowed for Larger Amounts, without PIN Entry, by Banks in the Netherlands and Norway

Banks in the Netherlands are helping customers perform contactless payments at store locations without requiring them to enter their PIN numbers. This move is part of the extraordinary measures that have been taken to prevent the further spread of the deadly and highly contagious Coronavirus… Read More

Contactless Payments: Software Firm Phos Partners with Mastercard to Launch Transaction Processing System for Android Mobile Devices

Phos, a software development firm, has introduced a pilot program with payments giant Mastercard, which involves the launch of a new mobile-based solution that will allow merchants to process contactless payments. The new payment option is available on all Android smartphones without requiring any additional… Read More

Mexico-based Fintech Clip Introduces New Contactless Payment System, “Clip Total”

Mexico-based Fintech firm Clip is introducing another payment method, called “Clip Total.” Adolfo Babatz, the company’s co-founder, said that the new payment solution is like having a “point of sale [system] in the palm of your hand.” During a recent presentation, Clip’s management shared an… Read More

WHO Encourages Using Contactless Payments to Avoid Spread of the Coronavirus

As the coronavirus (COVID-19) continues to spread through the world, the World Health Organization (WHO) has advised consumers to consider using contactless payments in order to avoid spreading the virus. While speaking with the Telegraph, a spokesperson from WHO stated: “We know that money changes… Read More

Contactless Smart Payment Card Developer Macau Pass S.A. Introduces Alipay HK and WeChat Pay HK Integration

Macau Pass S.A., the developer of a contactless smartcard (previously called Transmac IC Card), first launched the Transmac over 20 years back (in 1999). The card may be used to conveniently pay for bus fares, everyday shopping, and dining with many more retailers expected to… Read More

UK-based Fintech Axept Introduces Strong Customer Authentication Compliant Payment Method, Uses Contactless Payments Cards for E-Commerce Transactions

UK-based Fintech company Axept has unveiled a Strong Customer Authentication (SCA) compliant payment method, which uses contactless payments cards for settling e-commerce transactions. Axept’s new solution does not require users to type in their card details, usernames, passwords or sign up while purchasing items. If… Read More

Fiserv Teams Up with Visa, Samsung, PayCore to Test Using Smartphones as PIN-Entry Devices for Retail Payments

Fiserv, Inc. (NASDAQ: FISV), a leading multinational firm focused on offering financial services technology platforms, has teamed up with Visa, Samsung and PayCore in order to test the use of consumer-grade smartphones as PIN-entry devices for retail sales transactions. The new capability can be accessed… Read More

Discover Cardmembers May Now Make Payments Using Garmin Pay

Discover (NYSE: DFS) announced on Monday its cardmembers are now able to make payments using contactless payment solution Garmin Pay. Discover reported that cardmembers may now use Garmin at any merchant retail locations that accept both Discover and contactless Near Field Communication (NFC) transactions. The… Read More

Danske Bank Now Offering Google Pay to Swedish, Norwegian, & Finnish Customers

Danske Bank recently announced its Danish, Swedish, Norwegian and Finnish customers with an Android phone are now able to add their Mastercard to Google Pay and make contactless payments. While sharing details about the Google Pay offering, Danske Bank stated: “A lot happens within the area of… Read More

Sberbank Now Allowing Users in 42 Russian Cities Make Instant Contactless Payments Using Pay-QR

Russian banking firm Sberbank announced earlier this week it is now allowing users in 42 Russian cities to make instant contactless payments using Pay-QR on smartphones. According to Sberbank, the project’s goals are to provide a convenient new QR code payment technology for individuals and a… Read More

American Express to Launch New Contactless Payment Wristband During the 2018 U.S. Open Tennis Championships

Credit card giant American Express announced last week it will be launching a range of onsite benefits and experiences for card members attending the 2018 US Open Tennis Championships, which is currently taking place at the USTA Billie Jean King National Tennis Center in Queens,… Read More

FitPay Announces Co-Marketing Agreement With Rapper Lil’ Flip to Promote Contactless Payment Devices For Bitcoin

FitPay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ), announced on Monday a co-marketing agreement with rapper, record producer, and entrepreneur Wesley Eric Weston, Jr., better known as Lil’ Flip aka ‘Flip Gate$’. According to FitPay, under this new agreement, Lil’ Flip and FitPay will collaborate to… Read More

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