Spanish banks are reportedly offering a new bank-to-bank in-store payment system, challenging American payment systems. That’s according to a report Wednesday (July 22) from Bloomberg News on the efforts of Bizum, a consortium of 30-plus banks in Spain. The group has just introduced Bizum Pay, which lets consumers...
Mastercard has introduced a set of software tools and services designed to make it easier for companies to create digital wallet capabilities on both iOS and Android and add contactless payments to their apps. The new Mastercard Wallet Services is designed for banks, FinTechs, merchants and digital platforms. It is...
Digital bank/pay-later provider Klarna is launching a new tap-to-pay feature. The new contactless payment offering is rolling out in 14 European markets, the Swedish FinTech announced in a Tuesday (Dec. 2) news release. “With more than 80% of European shopping still happening in physical stores, Tap to Pay brings...
Mastercard and Alipay+ have teamed to promote contactless payments in South Korea. This partnership will see the two companies provide support for mobile wallet Kakao Pay in launching NFC (near-field communication) payment for overseas transactions, the companies said in a Tuesday (Sept. 23) news release. With this partnership, Kakao...
July 10, 2025
Watch more: Tokenization Emerges as Guardian of Contactless Payments and Merchant Value As contactless payments become the default, robust security is imperative. That’s why tokenization is transforming the way consumers and merchants think about payment security. Once relegated to back-end infrastructure and cybersecurity white papers, tokenization is increasingly considered table stakes. The reason? Tokenization’s protective […]
June 24, 2025
Seamless transactions have moved from novelty to necessity for both shoppers and merchants. As the contactless economy grows, consumers now expect smooth, hassle-free digital experiences when making purchases. “It’s not...
March 11, 2025
As digital economies race to streamline the payment process, the checkout experience is at the forefront of change, with innovations around customer experience and security redefining how merchants and consumers...
October 21, 2024
Gone are the days of customers fumbling in their back pockets for cash or cards. “Innovations like tap on mobile and mobile wallets go a long way to simplify and...
August 30, 2026
Samsung South Africa has added a new QR payment feature to its digital wallet. Scan to Pay is designed to offer Samsung Galaxy users an alternative to physical cards and make checkout quicker, the tech company announced Friday (Aug. 28). “Scan to Pay is designed to remove unnecessary friction from everyday transactions,” the company said […]
July 22, 2026
Spanish banks are reportedly offering a new bank-to-bank in-store payment system, challenging American payment systems. That’s according to a report Wednesday (July 22) from Bloomberg News on the efforts of Bizum, a consortium...
July 15, 2026
Mastercard has introduced a set of software tools and services designed to make it easier for companies to create digital wallet capabilities on both iOS and Android and add contactless payments...
December 02, 2025
Digital bank/pay-later provider Klarna is launching a new tap-to-pay feature. The new contactless payment offering is rolling out in 14 European markets, the Swedish FinTech announced in a Tuesday (Dec. 2) news release....
