A new contactless payment factor recently hit the Korean market. According to ETNEWS, Shinhan Card Company released ” Korea’s first ever” USB credit card. The USB credit card provides secure online and contactless payment functions. During the online payment, users do not need to insert the credit card number, they simply insert the “card” into the USB port. During payment at a point-of-sale terminal, the “card” works just like any other contactless credit card. ![[end]](/resources/bullet/archive-4.gif)
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Blackpool, a seaside town situated along England’s west coast, has installed a number of Parkeon contactless-enabled parking pay stations. For the installation, Blackpool Council opted for the Parkeon Strada pay station terminal. This new, solar-powered terminal is equipped with contactless card readers, accepting contactless payment-enabled mobile phones and various wave and pay bank cards. read more »Proxama has announced a partnership with semiconductor supplier ARM Holdings to create secure payment mechanisms for mobile handsets. The UK-based partners say they will combine ARM’s TrustZone technology with Proxama’s Mobile Wallet to develop a “highly secure” environment for NFC-enabled mobile contactless payments and mobile internet payments. read more »Datacard Group, a provider of secure ID and card personalization solutions, has announced an equity investment and strategic partnership with DeviceFidelity, makers of the In2Pay mobile payments solution. read more »The European Payments Council (EPC) has published the second edition of its “White Paper on Mobile Payments.” According to EPC, the white paper focuses on the usage of the mobile payments in the Single Euro Payments Area (SEPA) and explores how m-payment services can be delivered through cooperation between service providers in the payment industry and players within the mobile ecosystem. read more »A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments. Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone. read more »Credit Agricole, a retail banking group based in Paris, is teaming up with Gemalto to launch a large-scale deployment of contactless EMV banking cards in France. read more » |
