Tagged: contactless

June 19, 2024 @ 4:46 pm By Omar Faridi  |  

The UK has reportedly reached 150 million contactless cards issued, according to an update from UK Finance. UK Finance’s Card Spending Update for March 2024 shows “that contactless cards now account for 93 percent of those in issue.” UK Finance recently released its card spending… Read More

March 11, 2024 @ 8:09 am By Omar Faridi  |  

Chris Gilderson, Head of Retail and Hospitality at PXP Financial recently shared his views and insights with Crowdfund Insider. The retail payments landscape is dynamic and fast-paced, and innovation is snowballing. From cryptocurrencies to buy now, pay later, disruptive tech is transforming consumer experiences and… Read More

January 23, 2024 @ 7:01 pm By Omar Faridi  |  

Fidesmo, a key player focused on providing secure and convenient contactless services, is pleased to announce the completion of its integration between Fidesmo Pay and Mastercard’s Token Connect service, also known as MDES Token Connect. This partnership sets the stage “for a new level of… Read More

November 7, 2023 @ 9:34 pm By Omar Faridi  |  

Fingerprint Cards AB and IN Groupe through SPS, its globally-accessible unit focused on contactless and dual interface card manufacturing technologies, have come together to collaborate on IN Groupe’s Smart Packaging Solutions (SPS). The partnership supports global card manufacturers in “scaling up their production of contactless biometric… Read More

October 13, 2023 @ 7:09 pm By Omar Faridi  |  

Fime Asia in Taiwan has been accredited by Visa (NYSE: V) in order to support vendors to validate the Level 2 compliance of their contactless payment terminals. This gives solution providers in the APAC region “a local one-stop shop for all their payment compliance needs,… Read More

October 1, 2023 @ 4:56 pm By Omar Faridi  |  

Square, part of Block (NASDAQ:SQ), launched Tap to Pay on Android for sellers across Canada. The new technology enables businesses “to securely accept credit card contactless payments with a compatible Android device, at no additional cost.” With Tap to Pay on Android, Square claims it… Read More

September 14, 2023 @ 8:21 am By Omar Faridi  |  

Solve.Care, which claims to be a pioneering global healthtech company renowned for its blockchain-based digital healthcare platform, has announced a partnership with Binance Pay, the contactless, borderless, and secure cryptocurrency payment technology developed by Binance, to enable users to use crypto payments “for healthcare services… Read More

June 10, 2023 @ 12:30 pm By Omar Faridi  |  

The Netherlands has recently completed the launch of a contactless transit payments system nationwide, “simplifying access and allowing travelers to tap-in and tap-out with their debit card, credit card or digital wallet.” All public transport across the country – “including trains, buses, metros, and trams… Read More

May 31, 2023 @ 9:22 am By Omar Faridi  |  

SpotOn, the software and payments partner for restaurants, unveiled the new SpotOn Restaurant, which combines the restaurant point-of-sale software with a suite of proprietary, patent-pending hardware designed by SpotOn to flex to the unique needs of each restaurant. The new SpotOn Restaurant was “built for… Read More

May 31, 2023 @ 9:06 am By Omar Faridi  |  

RingPay by McLEAR, the smart ring that enables users to pay for things with a wave of the hand, launches for sale on Amazon UK this month. RingPay can be “used anywhere that allows contactless payment, such as restaurants, supermarkets, and transportation etc, and offers… Read More

May 21, 2023 @ 9:55 pm By Omar Faridi  |  

Tyro Payments is pleased to announce that its customers in Australia are now able to accept in-person contactless payments seamlessly and securely with Apple’s Tap to Pay on iPhone contactless payment acceptance technology using the new Tyro BYO App, starting now. Tap to Pay on iPhone… Read More

April 28, 2023 @ 1:03 pm By Omar Faridi  |  

TapPay, which is one of the top 100 fintech companies selected by KPMG, has officially enabled Tap to Pay on iPhone in the TapPay iOS app for merchants in Taiwan. Tap to Pay on iPhone “accepts all forms of contactless payments, including Apple Pay, contactless… Read More

April 24, 2023 @ 6:51 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced that its suite of unified commerce solutions is now available in Australia, “including Stripe Terminal with Tap to Pay on Android for in-person contactless payments.” In Australia, over three-quarters of consumer payments are “made with cards.” By… Read More

April 17, 2023 @ 4:19 pm By Omar Faridi  |  

Binance, the blockchain ecosystem and cryptocurrency infrastructure provider, has onboarded the international payment service ivendPay as “a global cryptocurrency payment gateway for Binance Pay – a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App.” The partnership will contribute “to making cryptocurrencies… Read More

February 21, 2023 @ 11:17 pm By Omar Faridi  |  

New data from Barclays, which sees nearly half of the nation’s debit and credit card spending, reveals that “a record 91.2 per cent of all eligible card transactions were made using contactless payments last year – a sign that consumers and businesses are continuing to… Read More

January 21, 2023 @ 1:38 pm By Omar Faridi  |  

Ingenico, which claims to be the global leader in payments acceptance solutions, and Fujitsu Frontech North America, through its subsidiary Fulcrum Biometrics, Inc., unveiled (what they claim to be) the world’s “most secure, accurate and seamless biometric payment solution based on palm vein identification.” This… Read More

January 18, 2023 @ 9:52 am By Omar Faridi  |  

The financial services sector has evolved considerably during the past decade, with many new Fintech startups and banking challengers raising substantial funding to fundamentally improve how consumers perform transactions. Individuals and business organizations across the globe have been moving their activities online, a digital transformation… Read More

November 20, 2022 @ 2:55 pm By Omar Faridi  |  

The PCI Security Standards Council (PCI SSC) published a new standard designed “to support the evolution of mobile payment acceptance solutions.” PCI Mobile Payments on COTS (MPoC) “builds on the existing PCI Software-based PIN Entry on COTS (SPoC) and PCI Contactless Payments on COTS (CPoC)… Read More

November 2, 2022 @ 7:27 pm By Omar Faridi  |  

Honeywell (Nasdaq: HON) announced the release of Honeywell Smart Pay, a contactless software payment solution “enabling the company’s powerful mobile computers to become secure and compliant payment terminals, accepting contactless mobile payments from anywhere a business sells or delivers goods and services.” Honeywell Smart Pay… Read More

October 11, 2022 @ 5:56 pm By Omar Faridi  |  

The protections and purchasing power of contactless payments took a step forward as Mastercard (NYSE: MA) announced the approval of the first cards for issuers that are compatible “with the new EMVCo contactless specifications designed to protect against attacks from both traditional and quantum computers.” Quantum… Read More