Nfc news and trends

PayPal Explores Offline Payments as DMA Looms

February 08, 2024
PayPal
Crypto Payment Firm ivendPay Unveils NFC-Enabled System
Cryptocurrency // November 27, 2023

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 using a traditional card, the company said in a Monday (Nov. 27) press release. Users...

European Commission Asking Retailers and Rivals About Apple Pay
Apple Pay // May 10, 2023

The European Commission (EC) is reportedly seeking information about Apple Pay from retailers and Apple’s rivals. The requests by the antitrust regulators of the EU were sent out three months after Apple testified at a hearing on Feb. 14, Reuters reported Wednesday (May 10). Because...

Polish Consumers Embrace Contactless as POS Payments Jump 162% YoY
Mobile Payments // February 16, 2023

Mobile payments in Poland have made significant ground in recent years. Leading the charge is BLIK, the bank-backed payment system which has been fueling digital payments growth in the eastern European country since it launched in 2015. This month, the Warsaw-based FinTech company reported that...

Norway’s Vipps Seeks EU Antitrust Help Against Apple
Mobile Payments // February 15, 2023

Norwegian FinTech Vipps is seeking the European Union’s help in an antitrust battle against Apple. CEO Rune Garborg told Reuters in an interview published Wednesday (Feb. 15) that the payments company wants regulators to force Apple to allow unrestricted access to its tap-and-go technology so...

Interviews & Exclusives
How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness

July 02, 2020
Consumers who are seeking to avoid exposing themselves or others to COVID-19 are turning to eCommerce where possible and are demanding touch-free ways to pay when they have to visit stores in-person. A June report found that 27 percent of U.S. debit payments were contactless before the pandemic — a rate that has since leapt […]

Will Contactless Move Credit Union Cards To Top Of Wallet?

December 11, 2019
Get ready for the contactless card surge. This holiday season may remind you of the “hurry up and wait” component of brick-and-mortar commerce. Standing in line, juggling packages and wallets,...

Facing The Fast Future Of QSR Payments Experiences

November 25, 2019
Make sure to bring more than your appetite when you dine out in the 2020s, especially at a quick-service restaurant (QSR). You might end up ordering or paying with your...

As Banking Evolves, So Does The ATM

July 12, 2019
Evolving technology continues to provide consumers with new digital payment options, but does that mean the death of cash and the ATM as we know it? Probably not. In fact,...

Quick Reads
PayPal Explores Offline Payments as DMA Looms

February 08, 2024
Is PayPal getting ready to offer “offline” payments? The company seems to be indicating a move in that direction as new European Union regulations go into effect for its partner Apple, per a report Thursday (Feb. 8) by TechCrunch.  As that report noted, the coming Digital Markets Act (DMA) — while aimed at tech giants like Apple — would […]

Crypto Payment Firm ivendPay Unveils NFC-Enabled System

November 27, 2023
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...

European Commission Asking Retailers and Rivals About Apple Pay

May 10, 2023
The European Commission (EC) is reportedly seeking information about Apple Pay from retailers and Apple’s rivals. The requests by the antitrust regulators of the EU were sent out three months...

Norway’s Vipps Seeks EU Antitrust Help Against Apple

February 15, 2023
Norwegian FinTech Vipps is seeking the European Union’s help in an antitrust battle against Apple. CEO Rune Garborg told Reuters in an interview published Wednesday (Feb. 15) that the payments...