NFC Forum introduces NFC payments solution alternative to QR codes.

NFC payments - woman with Android phone

NFC Money Transfer Candidate Specification allows for simple and secure NFC-based payment solutions. The NFC Forum, a Massachusetts-based non-profit industry association and advocate of Near Field Communication (NFC) technology has launched an NFC payments solution. The solution, known as the NFC Money Transfer Candidate Specification (NMT) has been designed as an alternative to QR code-based payments that gives payment service providers and consumers the chance to take advantage of simple and secure NFC-based payment systems that already exist worldwide. The NMT solution eliminates the need for a camera or a…

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Bangladeshi Visa QR code payment solution launching in October

Visa QR code payment - Visa Cards

The credit card giant will be rolling out transactions via quick response code and contactless tech. Visa QR code payment solutions are slated to roll out in Bangladesh by October. The global payment provider has also announced that it will simultaneously roll out contactless payments. Almost 20 banks have already submitted their applications to be able to participate. The Visa QR code payment and contactless payment service have proven to be highly popular among banks. There have already been nearly 20 banks applying to be able to incorporate the new…

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Apple Pay Russia has now launched

apple pay russia iphone mobile payments

The iPhone maker has rolled out its mobile payments software in the country, extending its global reach. Apple Pay Russia has now been launched as the iPhone maker brings its mobile wallet to the Russian population. This has allowed the American tech giant to extend the worldwide reach of its digital payments service. This has made Russia the tenth nation where Apple Pay transactions can be accepted. Among the other countries where these mobile payments are available include the United States, Canada, and Great Britain. It was originally launched in…

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Visa QR codes let Tata Sky customers recharge their accounts

India mobile phone manufacturing

Direct home service customers can pay their bills with their smartphones through their TV screens or online. Tata Sky has partnered with the largest credit card company in the world to offer mobile payments via Visa QR codes. This allows the company’s subscribers to top up their accounts through the use of their smartphones. The QR code payment solution is entirely powered by mVisa and is meant to provide convenient and secure transactions. Subscribers to Tata Sky services are able to recharge their accounts through simple scans of Visa QR…

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Square mobile payments have now launched in Australia

Square Inc. mobile payments nfc technology

The smartphone based transaction company has now launched its services into a fourth marketplace. Square has now launched its mobile payments services into its fourth marketplace, as it has stepped into Australia, giving small businesses in that country the opportunity to use their smartphones and tablets as credit card reading point of sale devices. The other countries in which the service is available include the United States, Japan and Canada. This announcement arrived nearly immediately before Square was to make the announcement of its first earnings report since the mobile…

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