contactless payments in news
Contactless payments speeds up coffee drinkers
News The four-month trial took place at Coffee Republic's outlets in Broadgate, Bluewater shopping centre and Canary Wharf between January and April 2008 - and the company said it saw a 50 per cent rise in contactless payments in the Canary Wharf bar... [23 Jul 2008]
NFC payments to reach tipping point in three years?
News The market for contactless mobile payments using near field communications (NFC) is set to reach a tipping point over the next three to five years, according to a new report by Juniper Research. The analyst forecasts the gross transaction value of... [18 Jul 2008]
Open source guru criticises Oyster software
News In an email sent to silicon.com sister site ZDNet.co.uk on Monday, Stallman criticised the use of open-source software, such as Red Hat Linux, JBoss middleware and Apache web-server software, in the online payment system for the Oyster contactless... [10 Jun 2008]
Top 10 financial services stories of the year
News Gartner's forebodings for cash were made real with a number of commitments from credit card companies to introduce small-payments contactless chip cards. Apacs estimates five million contactless payment cards to be in circulation by the end of next... [17 Dec 2007]
O2 Tube trial takes mobile payments underground
News Before any commercial launch, the various businesses in the contactless payments ecosystem need to work out where the money will be made, O2 added. Visa has already launched a contactless payment system known as payWave which is available in some... [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. E-payments may be convenient for shoppers and retailers - but it has been suggested they... [27 Nov 2007]
TfL and Nokia to roll out 'Oyster phone' trial
News Visa even has a payWave credit card that features the capability to make small, contactless payments in shops, as well as functioning as an Oyster card. The same technology has recently been incorporated into some new banking cards so that they can... [26 Nov 2007]
Is cash costing you three days per year?
News Head of innovation and acceptance for Visa Europe, Sandra Alzetta, said with more than 70 per cent of commuters admitting to spending up to £50 in cash each week on sundry expenses, it is "easy to see the opportunity" for contactless payments as a... [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... [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... [28 Sep 2007]
'Tap and go' plastic arrives in London
News Payments industry body Apacs estimates more than five million contactless cards will be issued by the end of 2008 in the UK and that they will be accepted by at least 100,000 retailers. MasterCard has launched its contactless payment tech in the UK. [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. Cheques account for just under a tenth of non-cash payments in the UK, according to Apacs. [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. [01 Jun 2007]
Visa to kick off contactless cards this autumn
News Barclaycard, Transport for London and Visa teamed up to develop the tech to put contactless payments and Oyster card functionality together on the country's plastic last year. Visa is to launch contactless 'wave and pay' cards this autumn to... [04 May 2007]
Barclays targets taxis with wave-and-pay tech
News After introducing Oyster card-style contactless payments functionality into its plastic, Barclays has been working on a contactless system for taxis. Barclays and Computer Cab have teamed up to develop a near field communication payments system for... [27 Apr 2007]
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