Contactless payments RSS
US Payments Forum launches new mobile and contactless payments effort
Mobile and contactless payments are an area of much debate among stakeholders across the ecosystem. Questions about implementation opportunities and challenges and the uncertain future for how mobile payments will evolve have made this an important topic to be addressed in an open forum in the US. The U.S. Payments Forum has announced the Mobile [...]
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Seamless acquires MeaWallet for contactless payments technology
Seamless Distribution AB (Seamless) has acquired the Norwegian contactless payments technology company MeaWallet AS (MeaWallet). The purchase price amounts to approximately SEK 42.8 (£3.78) million and payment is made through an issue in kind of 4,574,328 new shares in Seamless. Through the acquisition Seamless controls important technology in the rapidly growing field of contactless payments. [...]
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Contactless payments take off in Canada
The value of contactless payments made by consumers in Canada more than doubled over the past year, according to a new study published by Technology Strategies International. The report titled, Canadian Payments Forecast – 2016, estimates that the value of contactless payments transactions increased by about $30 billion in 2015, on the back of more [...]
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Europeans tap contactless 3 billion times in the last 12 months
Contactless payments in Europe passed a major milestone as Visa Europe announced 3 billion contactless transactions were made in the last 12 months – nearly tripling that of the same period in the previous year. Figures show that European consumers used their cards 360 million times in April, alone – that’s nearly 140 transactions per second [...]
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Nets and JCB to drive J/Speedy mobile payments in Denmark
Nets and JCB International (JCB), have entered into a partnership agreement which allows Nets to use J/Speedy, JCB’s contactless technology, for Dankort payments with smart phones. Nets believes that in 2020 up to half of all payments at POS in Denmark may be initialized from a smartphone and that there will be more than 3 million [...]
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