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contactless payments News

Contactless payment methods are key to retail turnaround efforts Special

With COVID-19 cases spiking around the country and brick-and-mortar retail foot traffic remaining stagnant, a leading adviser has recommended that the full-scale adoption of contactless payments can help to revitalize the physical store.

Mastercard is dropping its name from its logo

Mastercard has dropped the words "Mastercard" from its logo. It will now appear as just the two intersecting circles of red, yellow, and orange in the middle.

Sharp transforms large displays into payment terminals

As an example of what’s possible with the digital transformation of retail, electronics firm Sharp has succeeded in transforming large NFC displays into payment terminals.

Addressing security fears when making contactless payments

Oxford - University of Oxford technologists have designed a prototype device designed to make contactless payments more secure. The device sends secret keys to encrypt information passed from a mobile device to a payment terminal.

Samsung Pay sees almost 100m transactions in its first year

Samsung Pay, the South Korean tech giant's mobile payments service, has just reached its one year anniversary. The service has proved to be popular with consumers in the US and Korea and is already very close to passing the 100 million transactions mark.

NFC Ring lets you pay with a tap of your finger

You can now tap-to-pay using nothing more than your finger at hundreds of thousands of stores in the U.S. and U.K.. The NFC Ring is a Visa-based payment ring that is now available for anyone to pre-order. It made its debut at the Rio Olympics this month.
 

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NFC Ring
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A vending machine that accepts contactless payments
A vending machine that accepts contactless payments

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