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contactless payment

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Improving Consumers' Contactless Payment Experience

whitepaper Contactless cards are a key technology for improving the consumer experience for retail transactions. The sensitivity of the contactless card is a more important metric than the computational speed, but the implementation of both translates into a...

Tags: transaction processing

[27 Mar 2008]

Photos: Accenture waves goodbye to the wallet

Photo The custom built contactless payment terminal shown here demonstrates how NFC (near field communication) and RFID technology could soon allow phones to pay for goods and services, act as travel or gig tickets and transfer money between bank accounts.

Tags: nfc, mobile phone, rfid, bank

[31 Jan 2008]

Top 10 financial services stories of the year

News Apacs estimates five million contactless payment cards to be in circulation by the end of next year. What is needed is a low value contactless payment card, said Visa, which was lucky because it has recently launched one to solve that very problem.

Tags: mifid, apacs, lloyds, gartner

[17 Dec 2007]

O2 Tube trial takes mobile payments underground

News Visa has already launched a contactless payment system known as payWave which is available in some areas of London and enables customers to wave a credit or debit card in front of a reader to pay for low value goods without needing to enter a PIN.

Tags: mobile wallet, nfc, o2, payments

[28 Nov 2007]

E-payments: Cheap as chips

News Last year, Singapore unveiled a standard contactless e-purse application (Cepas), which allows merchants to only have one system to deal with multiple cards. Andy Kyte, VP of analyst firm Gartner, said at the Gartner Symposium: "All consumers pay...

Tags: cash, singapore, contactless, gartner

[27 Nov 2007]

TfL and Nokia to roll out 'Oyster phone' trial

News The same technology has recently been incorporated into some new banking cards so that they can be used in shops for contactless payment of small amounts. Visa even has a payWave credit card that features the capability to make small, contactless...

Tags: tfl, contactless, payments, oyster

[26 Nov 2007]

Is cash costing you three days per year?

News Unsurprisingly, Visa Europe is advocating a contactless payment system for purchases of £10 or less as a more convenient option. Visa Europe is one of a number of credit card companies that have rolled out a contactless payment credit card in...

Tags: contactless payment, cash, visa, workers

[29 Oct 2007]

Manchester City FC trials mobile tickets

News This is an essential milestone in the use of mobile phones as payment devices, as it paves the way for making mobile phone contactless payments device-independent. Manchester City Football Club has launched a trial with Orange to allow fans to use...

Tags: smartcard, nfc, football

[22 Oct 2007]

Stories of the Month - September 2007

News Another futuristic technology taking off is contactless payments, which received a boost this month with Mastercard and Maestro launching 'tap and go' payment cards in London. Futuristic technologies and data security really grabbed the attention...

Tags: iplayer, europe, contactless payment, vista

[28 Sep 2007]

Dear silicon.com... DNA database, lie detector tech, sat-nav blunders...

Comment All these systems ID card, benefit lie detectors, airport iris scanners, contactless payment systems, rfid, speed cameras and so on are slowly taking peope out of the loop because of the mistaken belief that technology is infallible in its...

Tags: sat-nav, lie detector, dna

[07 Sep 2007]

'Tap and go' plastic arrives in London

News MasterCard has launched its contactless payment tech in the UK. In a similar vein to London Underground's Oyster Card, contactless cards transmit payment details wirelessly between the PayPass card and a retailer's terminal.

Tags: mastercard, contactless cards

[04 Sep 2007]

March away from cheques continues apace

News The system uses NFC (near field communications), the same kind of contactless payment technology employed by TfL's Oyster card. Transport for London (TfL) has joined an increasingly long list of UK organisations no longer accepting cheques as a...

Tags: cheque

[22 Jun 2007]

Would you credit it? The debit card turns 20

News The next stage in the debit card's development is the introduction of prepaid cards and contactless payments - further reducing the need for carrying cash. Customers will see the rollout of contactless payments from the beginning of next year.

Tags: bank, card

[01 Jun 2007]

Visa to kick off contactless cards this autumn

News After introducing the Oyster card-style contactless payment tech into its plastic Barclays has been working on a contactless system for the UK's taxis. Visa is to launch contactless 'wave and pay' cards this autumn to replace low-value cash...

Tags: visa

[04 May 2007]

Retailers fear contactless payments

News Retailers are increasingly worried that the forthcoming launch of contactless payment cards in the UK could leave them significantly out of pocket as the cost of accepting payments this way could be potentially much more expensive than cash.

[24 Apr 2007]

Visa primes dotMobi for contactless m-payments

News Under the deal, Visa will help dotMobi develop a number of mobile payment capabilities, including contactless mobile payment, vouchers and direct marketing. Visa International has invested a seven-figure sum in dotMobi, the industry group behind...

Tags: mobile

[29 Mar 2007]

Leader: Why cash will be weighing us down for years

Leader And now rather than hand over some cash or write a cheque it is possible to make a purchase by tapping a teller's till with your wallet or mobile phone using contactless and near field communications (NFC) payments.

Tags: credit card, cyber criminals, cash, cash machine

[12 Mar 2007]

Death of cash? Not yet, say retailers...

News Visa launched a mobile platform that it said will "lay the foundation" for the commercial deployment of contactless mobile payments and near-field communications (NFC) services around the world last month.

Tags: visa, visa cards, credit cards, cash

[12 Mar 2007]

Amnesty liberates donations

News Mobile payments platforms are becoming more popular, with Visa unveiling a platform last month which it says will "lay the foundation" for the commercial deployment of contactless mobile payments and near-field communication services around the...

Tags: amnesty international, m-payments, amnesty, mobile

[27 Feb 2007]

Visa launches mobile payments platform

News Until now, Asia has adopted NFC more readily than other parts of the world, with operator NTT DoCoMo launching contactless payment phones in Japan in 2005. Visa has launched a mobile platform that it says will "lay the foundation" for commercial...

Tags: visa, nokia, mobile payments, nfc

[10 Jan 2007]

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