“India’s SoftPOS market is set to outpace global averages, driven by government initiatives, UPI integration, and a robust fintech ecosystem,” Worldline India reports in a new study which also predicts that more than half of all transactions in the Asia-Pacific region will be contactless this year... More
“Brands traditionally focus on how to increase customer lifetime value — the total revenue they extract from a single customer over time,” Bain & Company explains in a new report on digital product passport business models... More
Global contactless payment transaction values will increase from US$7.7tn in 2025 to US$18.1tn in 2030, a rise of 106%, market analysts Juniper Research predict. More
Five years after it first began partnering with police departments and charities across the UK to provide dementia patients with NFC wristbands, Seritag has launched a new service that can be used by anyone with a health condition to easily communicate vital information to anyone with an NFC mobile phone in case of emergency... More
Passengers using taxi services provided by Abu Dhabi-based Tawasul Transport can now take part in a pilot test of a new service that lets customers use their mobile phone to pay for their fares via AE Coin, a government-regulated stablecoin pegged to the United Arab Emirates’ dirham currency... More
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Customers of City Bank have become the first in Bangladesh to be able to use Google Pay to make payments at contactless POS terminals with their Android NFC smartphone. More
Two of Europe’s leading mobile payments groups have signed a collaboration deal that aims to make it possible for European citizens to use their preferred domestic payment brand to make and receive payments both online and in-store anywhere in Europe... More
The US state of Iowa has added support for Google Wallet to its mobile driver’s license program, enabling holders to store their digital ID in their Google Wallet rather than having to store it in a dedicated Iowa Mobile ID app... More
Alipay has announced that it has successfully conducted its first e-wallet transaction to use augmented reality smart glasses and is to roll out support for the technology to its 36 digital wallet partners around the world this year... More
Samsung Galaxy owners in the US can now transfer funds directly to a contact’s bank account by just tapping their two phones together — or by simply bringing the recipient’s contactless bank card into close proximity... More
Starting “this fall”, iPhone and Watch owners in the US will be able to use a digital ID stored on their smart device to verify themselves online for KYC and age verification purposes, use their passport to “seamlessly create and add a Digital ID to Apple Wallet” and use their card rewards balance to pay for purchases in stores... More
The UK government’s planned pilot of a GPS-based digital transport ticketing system is to go live in September, the Department for Transport (DfT) has announced... More
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In a major update to its core NFC specification, the NFC Forum has extended the standard reading range over which certified devices must be able to reliably conduct contactless transactions by a factor of four, making NFC “quicker, more reliable and easier to use than ever.” More
A record 94.6% of all eligible in-store card transactions were made using contactless in the UK in 2024, Barclays reports, “surpassing the previous year’s record of 93.4%”... More
Close to nine in ten (87.1%) of all card payments made in Ireland last year were contactless and more than half of those were made using an NFC mobile phone, Banking & Payments Federation Ireland (BPFI) reports. More
Adoption of digital travel credentials (DTCs) will reach 15% globally by 2034 “as technical specifications, solidification of supporting infrastructure, growing digital maturity, and deepening interoperability converge to prime the digital ID space,” ABI Research predicts. More
The NFC Forum has published a candidate specification for a new NFC Digital Product Passport (NDPP) standard that will enable NFC Forum tags already in use for other applications to also store sustainability data. More
The RAIN Alliance is to create a new standard that will enable manufacturers to integrate support for Ultra High Frequency (UHF) tag reading into standard smartphones, making it possible for consumers and enterprises to interact with products containing RFID tags without needing specialist equipment. More
Each of Tod’s iconic custom Gommino moccasins now comes with an NFC tag integrated into the sole that lets customers authenticate the product and learn about the origin of the materials used... More
A new European Commission ruling will require Apple to open up a range of iOS connectivity features to third-party devices so that, for example, an iPhone owner will be able to use their choice of NFC-enabled wearable to make a payment using a card they have stored on their smartphone. More