Harnessing the Power of Contactless Payments for Your Retail Business

Harnessing the Power of Contactless Payments for Your Retail Business

The COVID-19 pandemic has majorly affected many industries and the retail industry is no exception. Retail businesses heavily rely on cash transactions and other payment methods that involve physical contact. Social distancing and other restrictions created big trouble for both consumers and retailers. Thanks to the latest technology of contactless payment that made it easier for retailers to offer a safe and advanced payment solution to their customers.  The trend of mobile payments is gaining popularity and has now become an important part of the retail industry. Businesses that are…

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GM begins phase-out of NFC mobile device pairing in 2022 model year

NFC mobile - Image of Cadillac

This will affect Cadillac cars, in which this had been a standard feature for 2021 models. GM will start to phase out the NFC mobile pairing feature that had been standard in its 2021 Cadillac models. The 2022 model year vehicles will no longer have the near field communication standard. The near field communication tech was used for data transfer between compatible devices and the vehicle. The NFC mobile pairing made it possible for the data to be transferred while the compatible device and the vehicle were very near to…

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Canadian capital pilots tap-to-pay tickets on its light rail network

Tap to pay tickets Google Pay on phone

Ottawa is testing out a contactless system for its single ride tickets at one of its stations. Passengers taking the light rail train in Ottawa, Canada, can use tap-to-pay tickets for contactless rides in a pilot program. The mobile wallet-based payments are available for single rides starting at one pilot station along the network. Passengers purchasing their single ride fares at Rideau Station can participate in the system test. The single ride adult fares on the light rail transit network throughout Canada’s capital uses tap-to-pay. This uses near field communication…

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Will Apple Pay QR codes become an option for iPhone users?

Apple Pay QR codes - Person using Apple Pay

The tech giant is reportedly researching ways to integrate the barcodes into future mobile payments. Apple Pay QR codes don’t currently exist, as iPhone users must employ near field communication (NFC) technology to complete a mobile payment transaction. However, growing information suggests that the iPhone maker is looking into secure barcode scans. A growing body of evidence suggests that the company is looking into ways to make Apple Pay QR codes secure to scan to complete transactions. While using NFC based tap or contactless transactions at a retailer’s payment terminal…

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Wells Fargo contactless credit cards rollout to bank customers

Wells Fargo Contactless Credit Cards - Visa Contactless Card

Wells Fargo & Co. has announced the tap-to-pay technology for its credit and debit cards. Wells Fargo contactless credit cards are now being rolled out to its new customers. The San Francisco-based American multinational financial services company is joining its rivals JPMorgan Chase & Co. and Bank of America Corp – among other US banks – who have already adopted this NFC (near field communications) tech for their credit and debit cards. Wells Fargo customers will be able to tap their credit cards to make payments instead of swiping them.…

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