contactless payments

Contactless payments are various touch free ways of paying. When you tap to pay with your contactless card or payment-enabled device, checkout is safe and secure. These payments are credit cards and debit cards, key fobs, smart cards (RFID, and NFC), or other devices, including smartphones and other mobile devices.
Eight Years Later, Apple Pay Captures Just 2.4% of In-Store Transactions
Eight Years Later, Apple Pay Captures Just 2.4% of In-Store Transactions
October 20, 2022  |  Mobile Wallets

On Oct. 20, 2014, Apple launched Apple Pay, an ambitious vision to revolutionize payments mobility and security. The product promised to replace cards at the...

READ MORE >
EMVCo Issues New Specs to Ease Acceptance of Contactless Payments 
EMVCo Issues New Specs to Ease Acceptance of Contactless Payments 
October 05, 2022  |  Payments Innovation

The global standards organization overseeing the infrastructure that enables safe and seamless card-based transactions has issued new specifications it says are designed to simplify the acceptance of contactless and mobile payments globally. According to a 300+ page update released Wednesday (Oct. 5)...

READ MORE >
Square Now Opens iPhone Tap to Pay to All US Sellers
Square Now Opens iPhone Tap to Pay to All US Sellers
September 28, 2022  |  Mobile Payments

Square’s Early Access Program for Tap to Pay on iPhone is officially over and the payment option is now available to all sellers in the...

READ MORE >
PYMNTS Intelligence: Convenience Is King in Money Mobility
PYMNTS Intelligence: Convenience Is King in Money Mobility
September 13, 2022  |  Disbursements

Frictionless money-out capabilities and seamless authentication are top priorities for consumers. Payments have grown more digital than ever in recent years. Customers have switched from...

READ MORE >
Runway-Ready Designs Move Payments Wearables Into Mainstream
Runway-Ready Designs Move Payments Wearables Into Mainstream
August 25, 2022  |  Payment Methods

The world of wearables with embedded payments tech is expanding from the practicality of watches and rings to embracing more types of jewelry catering to...

READ MORE >
Visa Says Riding Mass Transit Has Never Been Easier — but Tap to Ride Uptake Is Limited
Visa Says Riding Mass Transit Has Never Been Easier — but Tap to Ride Uptake...
July 12, 2022  |  Transportation

We’ve seen the disappearance of the subway tokens. The tickets — at the bus, on the trains and across mass transit in general — are...

READ MORE >
Restaurant Roundup: DoorDash Glitch Costs Thousands of Dollars
Restaurant Roundup: DoorDash Glitch Costs Thousands of Dollars
July 08, 2022  |  Restaurant Roundup

A DoorDash glitch on Thursday (July 7) had customers hauling in free food and beverages, up to thousands of dollars’ worth. As The New York...

READ MORE >
PYMNTS Intelligence: How CUs Are Implementing Contactless Payments and Mobile Wallets
PYMNTS Intelligence: How CUs Are Implementing Contactless Payments and Mobile Wallets
June 29, 2022  |  Credit Unions

The financial services industry has changed radically over the last 10 years as financial institutions (FIs) of all types have had to expand their product...

READ MORE >
BECU on Meeting Member Demand for Frictionless Features and Experiences
BECU on Meeting Member Demand for Frictionless Features and Experiences
June 28, 2022  |  Credit Unions

Credit unions’ mission-driven, customer-centric reputations were once enough to ensure survival, but members have spoken: Without access to cutting-edge payment options and other digital conveniences,...

READ MORE >