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NFC PAYMENTS
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
Paytm launches NFC soundbox that doubles up as card payment machineOne 97 Communications, the company behind Paytm, launched a card soundbox that serves as a card payment machine and audible receipt announc...
EU antitrust regulators accept Apple's offer to open up mobile payments systemApple said its offer would give European developers an option to enable tap-and-go payments for car keys, closed loop transit, corporate ba...
New RuPay payment mechanism using NFC: Know who will benefit from it and who may not need itNFC sticker powered by RuPay: A silicon sticker powered by RuPay using near field communication (NFC) technology is set to be launched. Thi...
UPI Tap and Pay to go live soon: Who can use, how to make payments using UPI tap and payCustomers will have Tap & Pay activated by default. It is not necessary to load funds in order to use the Tap & Pay payment method.
Apple working on new iOS feature to let iPhones accept payments via tap-to-pay technologyThe feature will most likely work along NFC system and use contactless technology.
Easier norms for contactless use may boost cardsIn India, QR code-based payments have been increasing on the back of the Unified Payments Interface (UPI), which saw a record 2.2 billion t...
Easier norms for contactless use may boost cardsThe Reserve Bank of India’s decision to hike the limit on contactless payments without entering a PIN to Rs 5,000 from Rs 2,000 earlier is ...
Tie-ups, tech will help us expand in India, South Asia, says Pine Labs CEO Amrish RauThe company will have a laser focus now on South East Asian markets which continue to expand rapidly in terms of digital payment acceptance.
Airtel Payments Bank, Mastercard tie up for payment solutions for farmers, SMEsAirtel Payments Bank and Mastercard will work together to create differentiated card solutions, including solutions for contact less paymen...
Axis Bank launches NFC payments on GoQii devices, opens innovation lab for startups"We are increasingly gravitating towards creating experiences for customers rather than just providing services for them," said Rajiv Anand...
ICICI Bank unveils mobile payment solution to make payment from NFC enabled smartphonesUsing the virtual cards, a customer can initiate payments from NFC enabled smartphones by just waving phone near a contactless merchant ter...
‘Tap & pay’ sans NFC cards, phonesPayment company iKaaz, which specializes in near-field communication, has developed a low-cost point-of-sale terminal.
iKaaz in pact with DCB Bank to offer nearfield communication payment solutionsThe solution will work on nearfield communication technology that enables a smartphone to send information to another by taping the devices.
Coming soon: ‘Contactless’ cards to ease paymentsThese cards can complete a payment transaction in one-tenth of the time traditionally taken to conduct electronic transactions.
Apple Pay cheers startups working on NFC solutionsApple has decided to offer mobile payment solution with the new range of iPhones, cheering several Indian tech startups.
- ET in the classroom: Technology that will replace credit cards
NFC is a variant of RFID. It is an ultra short-range wireless technology that allows communication and data exchange between two devices.
- Nokia, PayMate to develop NFC-technology solution for handset
Handset maker Nokia and online payment services provider PayMate has joined hands to develop a solution.
- Google plans partnership with VeriFone Systems
Google is working on a potential partnership with VeriFone Systems in order to convince shoppers to use their mobile devices to pay for goo...
- In the works: A Google mobile payment service?
You'll be able to walk in a store and do commerce, says Eric Schmidt. And it'll eventually replace credit cards.