Contactless payments stories
Near Field Communication to reach US$46 billion by 2027
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.
Over half of SEA users say SMBs should use digital payments
According to a Kaspersky study, more than one in two SEA users say small businesses should be using digital payments.
How COVID-19 has accelerated the progress of innovative payment solutions
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 evolves contactless technology for quantum world
"2020 brought with it a rapid acceleration of digitisation and reinforced the importance of digital solutions – like contactless – to help meet our everyday needs."
Mastercard ups the digital payments game with latest launch
Mastercard has launched its Cloud Tap on Phone payment technology, and the first live pilot of its Cloud Point of Sale acceptance technology.
Eight positive technology trends to come out of COVID-19
The involuntary adoption of these technologies will have a long-lasting impact well beyond COVID-19, says SYSPRO Asia-Pacific chief executive officer Rob Stummer.
Merchant choice routing: A process to significant savings for businesses
Merchant choice routing offers businesses the ability to override these defaults in the card and use the smarts in the terminal to process the transaction via the lowest cost network.
The rise of contactless card payments in the time of the COVID-19 pandemic
Australia is witnessing a sharp spike in the number of contactless payments during the COVID-19 pandemic, with the government advising consumers to avoid contact with POS terminals.
COVID-19 highlights need for instant, real-time payments - GlobalData
“The ability to send money to a contact and have them be able to use it right away presents a powerful tool for families and communities to support each other through the present hardship.
COVID-19: Contactless payment limit increased to $200
PaymentsNZ says the change will be progressively rolled out ‘over the coming days’, but may take weeks in some cases due to the number of cards, payment terminals and businesses involved.
Wearable payment options sweeping Australia
New research from Bankwest shows that having the option to pay with wearable tech is becoming more appealing than ever.
ASB offers Google Pay - but some people will miss out
ASB customers have until July 16 to make the switch, before ASB Virtual is closed down permanently.
ASB rolls out Apple Pay for secure contactless payments
ASB Bank has relented to the apparent seduction of Apple Pay and is now offering it to customers.
Kiwis, it's time to ditch the loose change and go cashless, says MYOB
Ten years from now cash and ATMs as we know them could be extinct as the cashless economy becomes well entrenched in everyday life.
Tourists want contactless as spend into NZ grows
Visa has released a report showing that tourist spend in NZ is growing and they want to use contactless payment systems.
Kiwi adoption of contactless payments driving merchant growth
The study shows that for contactless merchants, growth in customer numbers (8.3%) was double that experienced by non-contactless merchants (3.5%).
Why Kiwis tend to prefer contactless payment
Millennials continue to drive contactless payments, with almost 9 in 10 people aged 25 to 34 using contactless technology.
Auckland among top nine cities for digital payments leadership
More than three-quarters (77%) of New Zealanders own a contactless capable card.
Hardwareless mobile POS solution Tap2App for on-the-go sellers pilots in ANZ
With Tap2App, micro-retailers and small business owners can accept card payments with their smartphones without a dongle or a portable card reader.
What do millennials want? Biometrics, easy payments and progressive tech, according to Visa
It might seem incredibly easy (or incredibly difficult) to figure out what millennials want. Visa reckons it knows how they like to pay for things.
Sick of machines swallowing your cards? ANZ introduces PayWave to its ATMs
PayWave is now available on all ANZ ATMs starting from today, eliminating the risk of machines getting too hungry and swallowing your cards.
New Zealand finally gets Android Pay - but only if you're with BNZ
Android users can finally rejoice as Android Pay is now officially available in New Zealand - but only to BNZ customers.
What the big Eftpos switch means for consumers
New Zealand’s biggest technology ‘switch-over’ since the demise of analogue TV is on its way, and the change is good news for consumers.
Retailers warned to upgrade Eftpos systems or risk losing them completely
New Zealand's Eftpos system is due for a major upgrade next year. Retailers are being warned that they need to upgrade their Eftpos tech or lose it.