Contactless payments stories

The UK leads the charge in adopting contactless payments, as Marqeta's report reveals 80% of UK consumers used them last week, nearly double that of the US.

Australia’s fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.

The pandemic-associated rejection of cash is seen as accelerating the switch to a cashless economy, despite some resistance and concern over security.

Virgin Media O2 improves 4G and 5G coverage in rural Britain, aiming to boost local economy this festive season.

Square launches Tap to Pay on iPhone in Australia, allowing sellers to accept contactless payments without additional hardware or cost.

Adyen, the global financial technology platform, has brought Tap to Pay on iPhone to Australian retailer customers.

Visa and Global Payments have partnered to introduce 'Mobile Tap' in Singapore, which allows SMEs to accept digital payments.

The Covid-19 pandemic has accelerated the adoption of contactless payment methods, reshaping retail and supporting larger consumer trends.

Apple has launched Tap to Pay in Australia, empowering local businesses of any size to accept in-person contactless payments on iPhone.

The ABT system uses innovative technology to provide a more seamless and equitable experience that caters to the needs of all riders.

The pace of innovation in meeting customer demand and the shifting economic environment presents a challenge when developing payment technologies.

Open Banking has matured into an innovative payments solution enabling merchants to drive conversion, reward loyalty and improve the customer experience.

The global near-field communication market was US$17,875 million in 2020 and will be US$46,781 million by 2027, registering a CAGR of 14.8% from 2021 to 2027.

According to a Kaspersky study, more than one in two SEA users say small businesses should be using digital payments.

Software technology company Synthesis lays out five ways COVID-19 has changed our behaviour and the payment solutions designed to meet the new criteria.

Mastercard has developed Enhanced Contactless (Ecos) specifications to future-proof contactless payments and ensure high levels of security and convenience.

Mastercard has launched its Cloud Tap on Phone payment technology, and the first live pilot of its Cloud Point of Sale acceptance technology.

Digital technologies, such as contactless payments and remote working, will have a lasting impact on society post-COVID-19.

Australian businesses could slash payment acceptance costs by over 40% using merchant choice routing, a process endorsed by the Reserve Bank of Australia.

Amid COVID-19, Australia sees a surge in contactless card payments, enhancing daily safety and convenience, with over half of transactions now contact-free.