Playing off “fanny pay” humor, ANZ, the New Zealand bank, dropped three new “pay by whatever” ads yesterday that are just hysterical. The series urges consumers to “pay using your phone with ANZ,” and each ad shows an, er, unconventional way to use a phone for payment. The idea isRead More
Post Tagged with: "contactless"
Visa Europe has “just reached” 1.1 billion contactless transactions on the Continent in the past 12 months, the payments network disclosed today. Visa Europe made the revelation as it announced that it was chosen to provide contactless payments to Carrefour in Belgium. Carrefour is one of the major supermarket chains inRead More
MasterCard will add tokenization to its MasterPass NFC product “later this year,” the company’s top executive said today. By adding tokenization, MasterCard will jump into the contactless fray, joining the likes Apple Pay, Android Pay and Samsung Pay. Ajay Banga, president and chief executive officer of MasterCard, told investors at a conferenceRead More
DENVER — Much has been made about the wonders of RDC. Much more needs to be made about the broader wonders of imaging in banking. Let me put this simply: imaging is transforming banking. Here at BAI Retail Delivery, the folks at FIS walked me through their mobile contactless paymentsRead More
Payments company and media darling Square is on the move. The company made two major announcements this week. Square’s service is now live in Canada, and the company will move a short distance to new office space in San Francisco in mid-2013. The company has grown from around 150 employeesRead More
Contactless technology offers many benefits, including faster and easier transactions, versatility to be incorporated into various personal devices including mobile phones, and improved data security over the magnetic stripe technology. According to the Smart Card Alliance, “Contactless smart card technology includes strong security features optimized for applications involving payment andRead More
“Contactless” refers to technology embedded in a personal device — typically a mobile phone, key fob, credit card, or access card — that transmits your data to another device from a distance of a few inches in order to complete a transaction. Transactions involving data transfer have traditionally involved plasticRead More