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Google has made several announcements around Google Tez, the payments app that the search giant launched in India in September. Based on Unified Payments Interface (UPI), the NPCI’s payments platform for the country, the Google Tez app leverages bank accounts for payments. CEO Sundar Pichai revealed that Google Tez already has over 7.5 million users in the five weeks since [...]

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The widespread adoption of contactless in the UK was a gradual process but over the past few years use has grown exponentially, making the UK a leader in contactless payment. Over the last decade, contactless cards have gone from a niche offering to becoming the first choice payment in various situations. Consumers have embraced the [...]

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Samsung Pay has capitalised on its home advantage and processed ten trillion won ($8.8 billion) in accumulated transaction volume in South Korea, the company announced. The service was launched in its home market in 2015, had two trillion won of transactions in its first year. Over the last two years, it has expanded into the [...]

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Rapid growth in the use of contactless cards means cash will be overtaken as Britain’s most frequently used payment method by the end of 2018, according to a new report. This latest forecast still does not herald the demise of cash – even in ten years’ time it is still expected to make up 21 [...]

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Apple and Visa have been hit with an Apple Pay patent infringement lawsuit by Universal Secure Registry (USR), a small US company, that alleges their mobile payment partnership infringes four of its patents. In a federal lawsuit filed in Wilmington, Delaware, USR said it sent Apple a series of letters in 2010 describing its patented [...]

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