Post Tagged with: "contactless"

Citi Pay Rolls Out Abroad, U.S. Launch Planned for 2017

Citi Pay Rolls Out Abroad, U.S. Launch Planned for 2017

by November 10, 2016 at 2:43 pm 0 comments

Citigroup today announced another digital wallet for payments, Citi Pay, to enable payments in-store, in-app, and of course online. The service will be rolling out to Citibank customers in Australia, Singapore, and Mexico later this year, with a U.S. launch planned for early 2017. (Few banks are as global as Citi.) BarryRead More

ANZ Unveils Hysterical ‘Pay by Bum’ Series of Ads [VIDEO]

ANZ Unveils Hysterical ‘Pay by Bum’ Series of Ads [VIDEO]

by June 6, 2016 at 10:32 am 1 comment

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

Visa Europe Hits 1.1 Billion of Contactless Transactions

Visa Europe Hits 1.1 Billion of Contactless Transactions

by September 10, 2015 at 11:14 am 0 comments

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 CEO Confirms Tokenization Will Come to MasterPass ‘Later This Year’

MasterCard CEO Confirms Tokenization Will Come to MasterPass ‘Later This Year’

by June 2, 2015 at 11:02 am 1 comment

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

Image Is Everything

Image Is Everything

by November 6, 2013 at 6:31 pm 1 comment

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

Square Brings Service to Canada, Starts Move Into EMV

Square Brings Service to Canada, Starts Move Into EMV

by October 25, 2012 at 11:58 am 0 comments

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

What Security Benefits Does Contactless Technology Offer?

by October 16, 2012 at 11:04 am 0 comments

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

What is Contactless Technology?

by October 3, 2012 at 9:05 am 0 comments

“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