Thursday, May 26, 2022
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NFC Vs iBeacons – digital retail marketing spend to double

New data has found that spend on digital retail marketing is set to increase from $174 billion in 2015, to $362.1 billion by 2020. The research found that whilst the digital retail marketing industry will continue...
PayPal offer debit cards in Europe

PayPal and Visa ink deal to offer debit cards in Europe

PayPal has signed a deal with Visa that allows it to issue Visa branded debit cards in Europe, as the company moves further into traditional retail banking territory. The two companies penned the agreement to...
smartphones into payment terminals

Mastercard piloting turning smartphones into payment terminals

Mastercard unveiled a pilot project in Poland, turning smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments, providing them with a...

Analytics and loyalty will drive proximity payments growth

Mobile proximity payments have to date proven lacklustre and despite hundreds of millions spent on developing these platforms, consumer take-up remains low. While the reasons for this are many, the application of loyalty rewards and...

Barclays set to launch contactless payments wristband

Barclays has announced plans to tap into demand for wearable devices, with the launch of a trial of its bPay contactless payments wristband. Around 7,000 consumers will be able to try out the bPay band...

Dubai First’ to launch NFC in region

Dubai First and du, the UAE's integrated telecom services provider, have announced a joint partnership for the launch of the first NFC-based pilot programme for mobile payments in the Middle East and North Africa...

Greggs accepts contactless

Greggs, the high street bakery chain, is to accept payments using new contactless technology - just months after it moved over from a cash-only business. The north east-based company is to install around 3,500...

Is CurrentC dead before it launches?

CurrentC, the MCX backed mobile payment system developed by a consortium of major retail chains, has made headlines lately for brazenly blocking Apple Pay transactions. The heat CurrentC faced from that poor strategic move is nothing, though, compared...

Rio launches NFC ticketing with smartphones

Rio de Janeiro will be the first city in Brazil to launch a pilot program enabling mobile NFC ticketing for public transportation. This initiative is a partnership between RioCard Tecnologia da Informação, Gemalto, Motorola Mobility...
UK payments statistics

Cash still king but consumers are turning to contactless

The number of cash payments decreased by 11% between 2015 and 2016, but it still remains the most frequently used payment method in the UK, according to new data published by UK Finance. Consumers and...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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