Contactless mobile payments collaboration forms between CTBC Bank and Soft Space

Contactless mobile payments - Paying with wearable device

The partnership will work as a system used by Taiwanese taxis to make it easier to charge fares. CTBC Bank, based in Taiwan, has entered into a partnership with Soft Space, a fintech from Malaysia, to launch a contactless mobile payments system to be used by cab drivers to collect taxi fares. The system will allow customers with Android smartphones and NFC technology to tap to pay. The contactless mobile payments system will be powered by Soft Space so that Android phone users can pay for their cab rides using…

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NFC technology experiences considerable surge in global use

NFC technology use World Wide

A recent survey shows that consumers have a greater awareness of the tech and are satisfied by it. A new study conducted by ABI Research has shown that consumers are considerably more familiar with NFC technology, and they are more satisfied with it as well. Over eight out of every ten consumers have used a contactless card or mobile payment wallet. According to the research, more than 85 percent of consumers have used NFC technology in the form of a “contactless card or mobile payment wallet.” Moreover, they have increased…

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Malaysian mobile payment customers can now use Apple Pay

Mobile payment - Malaysia Flag - Apple - Mobile Payments

The American tech giant has partnered with Standard Chartered Malaysia, Ambank and Maybank. Apple has announced that it has entered into a new mobile payment partnership with Maybank, Standard Chartered Malaysia and Ambank to be able to offer its digital wallet services to customers in Malaysia. Customers who have credit cards issued by those three major banks will be able to use it later in 2022. “Customers with Visa and Mastercard cards from banks including AmBank, Maybank and Standard Chartered Bank can now use Apple Pay, with American Express cards…

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Mobile wallet partnership forms between Samsung Pay and South African PayGate

Mobile wallet - Business - Partnership

The South African payment gateway has announced it is accepting the electronics giants’ payments. South African online payment gateway PayGate, a DPO Group subsidiary, has announced that it is adding the Samsung Pay mobile wallet to its list of payment methods its merchants will be able to accept. This solution makes it possible for smartphone users to complete transactions with their phones. The mobile wallet is from a trusted brand and allows consumers to be able to complete a purchase without having to use cash or share any of the…

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QR codes will be used by almost 100 million Americans by 2025

QR codes - Crowd of People - QR Code on Phone

Consumers across the United States will be using the quick response barcodes for a range of uses. A growing number of consumers in the United States are scanning QR codes for a spectrum of different uses and applications. These uses include a broad number of reasons that include everything from information to payments. New research shows that the number of American consumers using their smartphones for scanning QR codes is growing very rapidly, according to an Insider Intelligence forecast. The uses for these barcodes will include everything from gaining more…

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