Tuesday , June 25, 2019

Search Results for: contactless

A New Survey Shows the U.S. Leads in Mobile Payments But Trails in Contactless

A survey of more than 3,000 consumers in the United States, United Kingdom, and Australia, sponsored by Transaction Network Services, shows the heaviest adoption of mobile-payment apps in the U.S., at 59% of respondents, but the highest adoption of contactless payments in the U.K., at 79%. Perhaps not surprisingly, younger …

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Global Growth Leads to Nearly 41 Million Terminals Accepting Contactless, Researcher Says

With last week’s introduction of contactless card acceptance on New York City subway and bus systems, hopes are riding high on mass transit to at last stimulate contactless acceptance and usage in the United States. Now recent research indicates acceptance is picking up rapidly pretty much everywhere.  The number of …

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Contactless: Connecting?

The conditions for the widespread adoption of contactless payments using chip cards are in place, asserts a report from the Federal Reserve Bank of Boston. But when that will happen and what will trigger it are unknown in the Fed report, “Tap to Pay: Will Contactless Cards Pave the Way …

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First New York Transit, Then Everywhere Else for U.S. Contactless Push

As New York’s Metropolitan Transportation Authority inaugurates contactless payment for fares Friday, major card brands are intensely marketing the tap-and-pay service. Mastercard Inc. announced its Fareback Friday program to reward cardholders for paying for their New York subway rides with a contactless Mastercard product. Consumers may be able to get …

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Issuers And Networks Line up for New York’s Contactless Mass-Transit System

There’s nothing like mass transit to inculcate payment habits in consumers, so it’s no surprise the major card brands are scrambling to see that their products are part of the ongoing rollout of contactless payments in the nation’s biggest transit system, New York City’s Metropolitan Transportation Authority. Starting May 31, …

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Having Put out 20 Million Contactless Cards So Far, Chase Tackles New York Mass Transit

Two powerful forces for making contactless cards a routine feature of daily life are acceptance by mass-transit systems and backing from the biggest issuers. On Wednesday, that combination came into focus with an announcement from Visa Inc. that starting May 31 users of the 20 million contactless credit cards JPMorgan …

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