Contactless Payments

Turns out contactless payments were a lot more than a pandemic solution. They were in development as early as 2008, but what began as a public health measure in mid-2020 has ...

Amazon is bringing its checkout-free commerce technology to more schools and stadiums. This fall, the company’s Just Walk Out technology will be in the most new stores to open at NFL stadiums ...

Apple’s move to open up near-field communications (NFC) technology — specifically so that third-party developers can integrate NFC transactions — may turbocharge digital wallets’ momentum. As PYMNTS reported this week, beginning ...

Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless transactions using the Secure Element from ...

About three-quarters of the international purchases made in Paris during the first weekend of the Olympic Games were made with contactless payments. Seventy-eight percent of those purchases were contactless, a figure ...

The Olympics are a time for pushing the boundaries of what’s possible. Beyond the awe-inspiring athleticism, the Olympics also serve as a proving ground for technological innovation, particularly in the realm ...

The restaurant industry faces a pivotal opportunity with the rise of frictionless digital payments, responding to growing customer demand for convenience. Despite these advancements, adoption rates lag due to entrenched ...

Visa’s fiscal third quarter results showed continued momentum in new payment flows — and further embrace of contactless payments in brick-and-mortar, face-to-face transactions. CEO Ryan McInerney said on the conference call ...

Worldline has formed a partnership with intelligent vending machine company Selfly Store. The collaboration, announced Tuesday (July 16), will see Worldline work with payment expert Antenor to integrate a contactless payment ...

As a fringe group of consumers gets microchips implanted in their hands to make payments without using any external devices, time will prove whether these shoppers are early adopters or ...

Square has begun offering Tap to Pay on iPhone to merchants in France. The new offering, announced Tuesday (July 9), lets businesses use an iPhone to accept in-person payments with Apple’s Tap to Pay ...

Apple has reportedly made concessions to end a European Union (EU) antitrust investigation into its mobile payments system. The tech giant will give its rivals more access to its contactless technology, thereby avoiding ...

Human interaction used to be essential for finalizing transactions at traditional point-of-sale locations. However, there has been a shift, with unattended payments technologies increasingly becoming indispensable in today’s fast-paced retail environment. Ellie ...

The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an increase ...

Payment facilitators (PayFacs) using Worldpay’s services can now offer their merchants tap-to-pay on iPhone. The payments technology firm said in a Thursday (May 2) press release that two of its PayFac partners ...

Four years ago, the pandemic began to give wings to contactless payments. Now, as shown by earnings results from the likes of Mastercard and Visa, the payment methodology has taken flight. PYMNTS Intelligence data noted earlier ...

Mastercard said in its most recent earnings report on Wednesday (May 1) that the shift to digital payments from cash is gaining strength, and contactless and tokenized transactions are proving ...

Google is transitioning its Fitbit Pay contactless payments to Google Wallet in most countries. “Google Wallet is now available for all Fitbit devices that support contactless payments,” a message on the Fitbit Pay web page said. “Fitbit Pay will no ...

Technological transformation is at the heart of both modern commerce and payments innovation. With technology as the driving force, consumers are demanding more than transactions from their payment experiences; they seek ...

Commercial payments firm Comdata has launched a contactless feature for its electric vehicle focused Chargepass Mastercard. As the company noted in a Tuesday (April 9) news release, the solution is designed to streamline payments ...

The traditional banking model and business roadmap for financial institutions needs future-proofing. Across today’s financial services landscape, digital increasingly rules the roost — making prioritizing innovation important for long-term success. Staying relevant ...

Stripe is now powering payments for retailers using Amazon’s Just Walk Out technology in Australia and Canada. With Stripe Terminal and Stripe Connect enabling in-person payments for retailers using that technology, ...

In an age where technology continues to evolve at an exponential pace, the integration of smart devices into consumers’ daily routines has become increasingly prevalent. From smartphones to smartwatches, these devices have not ...

India’s Airtel Payments Bank partnered with smartwatch company Noise to launch a smartwatch that enables users to tap to pay. The Payments Bank Smartwatch enables hassle-free payments, Airtel Payments Bank said in a Tuesday (March 19) post ...

PayPal has expanded its Tap to Pay on iPhone offering in the U.S. The company said in a Thursday (March 7) press release that the service is now available for all U.S. Venmo business ...

Samsung’s latest wearable device reportedly comes with health-tracking features. The smartphone maker’s Galaxy Ring — the company’s first ring product — is set to go on display for the first time ...

TD Bank has launched “Tap to Pay on iPhone,” a new mobile-based payment acceptance option that aims to provide greater flexibility and convenience for business owners. This solution allows business owners to ...

Nearly five years after Click to Pay was introduced (initially as Secure Remote Commerce), Jennifer Marriner, EVP, Global Acceptance Solutions at Mastercard, told Karen Webster, “The actual use cases are ...

In the past, urban travel often meant wrestling with cumbersome paper tickets or scrambling for exact change at transit stations. However, with the roll out of smart city payment systems, ...

For Mastercard, new payment flows and digital innovations outpaced spending growth on cards — though consumers remain resilient. And as management noted in a press release and on an earnings call ...

Tax preparation software firm Drake Software launched a contactless payment acceptance system for tax professionals. Drake Pay is “designed to meet the payment acceptance needs of the modern tax preparer for ...

It’s said the whole is other than the sum of its parts, but often, it is the parts that are more interesting — and more malleable. Human history has been defined ...

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that have shaped business in 2023. ...

A decade ago, in 2013, Amazon counted around a thousand robots across its fulfilment warehouses. That same year, tech giant Google spent more on headcount and people costs than it did ...

Cryptocurrency payment technology company ivendPay has unveiled a crypto payment system enabled by near-field communication (NFC). By integrating NFC technology with cryptocurrency payments, ivendPay has made the payment process as seamless as ...

Worldline says its large merchant clients in France can now offer Apple’s tap-to-pay. The payments firm announced Tuesday (Nov. 14) that merchants can use the iPhone-based payment method to collect payments via contactless ...

Yedpay, a Hong Kong-based payment technology company, has partnered with Mastercard to provide a new payment tool for real-time cash flow.  Through their collaboration, they aim to use “One Touch” payment technology ...

Consumers in different countries go for a diverse mix of shopping features, ranging from coupons and rewards to free shipping, availability of buy now, pay later (BNPL), or refunds in ...

Google will allow commuters in more locations to store transit passes in their digital wallets. The tech giant discussed its progress in marrying the Google Wallet with transit payments in a ...

Mastercard has pointed to a “resilient” consumer, buoying the latest quarter’s results. But management noted on the conference call with analysts that spending is decelerating into October. Shares slipped 4% at the ...

The continued rise of contactless payments may be among the most notable payments trends of the year, and it could pave the way for innovations that will shape commerce in ...

The payment networks will give insight into consumer spending — and resilience — when they report earnings this week. But they’ll also give indications of the pivot towards contactless payments as ...

The thing about technical innovations is that they tend to come in pairs. Or at least work in concert together. Generative artificial intelligence (AI) is increasingly being integrated across next-generation biometric payment ...

Zebra Technologies has debuted a mobile payment solution for several different industries. The tool is designed for the retail, hospitality, entertainment, field mobility and logistics sectors. It runs on standard Google ...

Loyola University Maryland is leveraging Amazon’s “Just Walk Out” technology to dramatically increase its ability to meet student demand for food and essentials at almost all hours of the day. In ...

Consumer choice is at the heart of open banking, and, according to the Consumer Financial Protection Bureau (CFPB), open ecosystems and interoperability are among the key enablers of consumer choice. Near-field ...

Contactless payments are now coming into contact with federal consumer protection agencies. This, as the U.S. Consumer Financial Protection Bureau (CFPB) on Thursday (Sep. 7) published a new report entitled “Big ...

Global payments company Payroc has partnered with Ingenico, a point-of-sale payment service provider, to introduce the Ingenico Self/3000, an unattended payment device aimed at meeting growing demand in the self-service market. The Self/3000 is specifically designed ...

John (JP) Park, senior product manager of go to market strategy at Bank of America Merchant Services, told PYMNTS in an interview that the rise of contactless payments has been years ...

Tap to pay has tapped into consumers’ desire for speed at the register and to have some control over checkout — in effect taking the checkout with them no matter ...

J.P. Morgan Payments has debuted a contactless payment solution for its merchant clients. The new Tap to Pay offering lets merchants accept payments using their iPhones, without the need for a physical terminal, according ...

Five Star Bank has begun offering contactless payments acceptance to its small business customers. The new offering, announced Monday (Aug. 21), is part of an expansion of the bank’s partnership with payment and ...

Back in the darkest days of the pandemic, Visa struck a partnership with Conferma Pay to integrate the payment network’s virtual cards into the latter’s mobile app. Tap and pay, and ...

According to data from EMVCo, the adoption of EMV Chip card technology is on the rise. By the end of 2022, 12.8 billion EMV® Chip cards were in global circulation, ...

Potential customer loss could outweigh the cost of investing in payment methods that consumers demand. Payment options matter to account holders across generations, but it is the younger demographics most willing ...

New payment flows and Click to Pay transactions surged for Mastercard in the second quarter of 2023 as consumers and businesses continued to turn to digital channels as their spending remained buoyant. Earnings materials from the ...

Mastercard and travel agency Nirvana Travel and Tourism are partnering to provide a payment solution to customers who book travel services in the United Arab Emirates, Saudi Arabia, Egypt and Jordan. The collaboration combines ...

Apple has begun offering its Tap to Pay on iPhone feature to merchants in the U.K. The new offering, announced Thursday (July 13), lets merchants accept Apple Pay and other contactless ...

Digital payment innovations have grown over the last few years. “The pandemic did a good job of teaching all of us that there’s many more ways to pay than just using ...

Many consumers would be lost without their phones, as the world increasingly fits in the palm of a hand — at least the crucial everyday bits. Businesses of all shapes and ...

Shoppers in Mexico strongly prefer shopping in-store to shopping online. Seventy-one percent of local shoppers reported making their most recent retail purchase in a brick-and-mortar store — far more than ...

Samsung is reportedly working with the Bank of Korea on a central bank digital currency (CBDC). The consumer tech firm has signed an agreement known as a memorandum of understanding (MOU) with South Korea’s ...

Oura has acquired Proxy in a bid to expand into payments and authentication. The acquisition adds Proxy’s digital identity signal platform to Oura’s lineup of smart rings that deliver health data, ...

The coronation has come and gone, and digital wallets and contactless cards continue to dominate the U.K. retail space. How will Brits pay for coronation swag and other retail items ...

Uber and Stripe have expanded their strategic payments partnership across the United States, Australia and Japan. By expanding its use of Stripe’s payment platform, Uber will reduce payments costs, enhance payments ...

Boodil has launched a Pay by Portal solution to allow businesses to take account-to-account payments. This new solution enables merchants to send out payment links via SMS, email or QR code; ...

Fiserv is letting software firms access the world of text-based payments. The payments and financial services company announced the offering for independent software vendors (ISVs) and software companies in a news ...

Mastercard’s earnings results show that U.S. consumers continue to embrace credit cards for everyday spending. The supplemental materials provided by the payments network showed that gross dollar volumes were up 15%, ...

Fiserv will allow merchants to tap into increased demand for contactless transactions. The payments company announced in a Monday (April 24) news release it has integrated its Clover point-of-sale (POS) tool ...

Despite instant settlement, lower fees and fraud protection, open banking payment rails in the U.K. are lagging in adoption. New payment option providers such as Boodil, which layers on a ...

Contactless cards have long been at the center of the U.K.’s payments ecosystem, but now, digital wallets are quickly entering the mix. There is also a simultaneous shift from contactless ...

Square is giving merchants an easier way to make contactless payments. The commerce solutions provider has begun offering Tap to Pay on Android for sellers in the U.S., U.K., Australia, Ireland, ...

GoDaddy wants to help businesses offer contactless, in-person payments. The web hosting company announced in a Monday (April 17) press release it is collaborating with Apple to integrate Tap to Pay ...

As physical locations closed or access to them became otherwise restricted during the pandemic, companies had to pivot to digital channels to survive. Even stores that remained open had to ...

As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only benefit ridership and relieve urban ...