Transportation for London (TfL) announced the rollout of contactless credit card readers on all of the city’s 8,500 buses last month, enabling riders to charge their bus fare directly to their bank accounts. According to The Atlantic, this will be an interesting test case for the future of contactless payments in public transportation systems, particularly […]

Bell ID has announced that its token management software will be used in Research in Motion’s (RIM) secure mobile payment solution. Bell ID’s token management solution delivers over-the-air lifecycle management of applications, cryptographic keys and any form factor secure element on NFC devices. Additionally, Bell ID’s TSM solution supplies service providers like banks and retailers […]

Smart phones have effectively penetrated virtually just about every facet daily lives, but there is one segment of the population that remains underserved; public transit users. For some time now, the “cutting edge” solution to transit tickets has been either paper-based cards or contactless cards. However, for an increasingly paperless society these solutions simply won’t […]

Research in Motion (RIM) has announced that BlackBerry users will soon be able to charge purchases made at cash registers with their Visa cards using NFC technology implanted in the provider’s new line of smartphones. According to a TMCNet report, RIM said Tuesday that Visa has officially opened its credit card system to work with […]

A report from yStats.com reveals that the number of mobile payment users is poised for a significant increase in the coming years, with total global user base to reach 400 million by 2016. In 2012, the global mobile payments landscape grew by an astonishing 70% with emerging markets like China leading the charge. China set […]

U.S. Bank is inviting its FlexPerks Visa customers in the Salt Lake City, and Portland, Ore. markets to pilot the bank’s new U.S. Bank Go Mobile payment service that includes NFC for iPhone. The mobile payment service will enable customers to pay for everyday items with a simple wave of their iPhone 4 or iPhone […]

Canada-based CIBC has announced a promotional effort that will look to increase adoption of both NFC and mobile payments. A Telecoms report reveals that CIBC will collaborate with Blackberry manufacturer RIM and Canadian telco Rogers. CIBC has launched a print magazine ad in Connected Rogers Magazine containing an NFC tag developed by Crosscliq. Tapping the […]

Smart phone penetration has reached an all-time high in the UK at 60% and rising, a trend that stands to benefit mobile wallets greatly in 2013. ICM Research, however, isn’t buying it and the research firm’s recent report gives three major causes for concern. The first of ICM’s concerns lies with the market itself, stating […]

Plastic Cards vs. Smart phones By Emil Bonaduce, Vice President, Corporate Development, CardSmith Let’s get to the point: plastic ID cards used for transactions are going to be around for a long time. Sure, smart phones are amazing. We’ve seen phones utilizing NFC technology buy sodas in ultra-tech environments. Just bump your phone and transfer […]

Dave Marcus, president of PayPal, takes a look into his crystal ball and makes his predictions for the 2013 mobile payments landscape. Marcus is adamant that the payments revolution that has begun this past year with NFC-enabled transactions and mobile wallet apps will continue into the new year. It is clear that the public is […]