Contactless payments news stories

According to a Kaspersky study, more than one in two SEA users say small businesses should be using digital payments.

Software technology company Synthesis lays out five ways COVID-19 has changed our behaviour and the payment solutions designed to meet the new criteria.

"2020 brought with it a rapid acceleration of digitisation and reinforced the importance of digital solutions – like contactless – to help meet our everyday needs."

Mastercard has launched its Cloud Tap on Phone payment technology, and the first live pilot of its Cloud Point of Sale acceptance technology.

The involuntary adoption of these technologies will have a long-lasting impact well beyond COVID-19, says SYSPRO Asia-Pacific chief executive officer Rob Stummer.

Merchant choice routing offers businesses the ability to override these defaults in the card and use the smarts in the terminal to process the transaction via the lowest cost network.

Australia is witnessing a sharp spike in the number of contactless payments during the COVID-19 pandemic, with the government advising consumers to avoid contact with POS terminals.

“The ability to send money to a contact and have them be able to use it right away presents a powerful tool for families and communities to support each other through the present hardship. 

PaymentsNZ says the change will be progressively rolled out ‘over the coming days’, but may take weeks in some cases due to the number of cards, payment terminals and businesses involved. 

New research from Bankwest shows that having the option to pay with wearable tech is becoming more appealing than ever.

ASB customers have until July 16 to make the switch, before ASB Virtual is closed down permanently.

ASB Bank has relented to the apparent seduction of Apple Pay and is now offering it to customers.

Ten years from now cash and ATMs as we know them could be extinct as the cashless economy becomes well entrenched in everyday life.

Visa has released a report showing that tourist spend in NZ is growing and they want to use contactless payment systems.

The study shows that for contactless merchants, growth in customer numbers (8.3%) was double that experienced by non-contactless merchants (3.5%).

Millennials continue to drive contactless payments, with almost 9 in 10 people aged 25 to 34 using contactless technology.

More than three-quarters (77%) of New Zealanders own a contactless capable card.

With Tap2App, micro-retailers and small business owners can accept card payments with their smartphones without a dongle or a portable card reader.

It might seem incredibly easy (or incredibly difficult) to figure out what millennials want. Visa reckons it knows how they like to pay for things.

PayWave is now available on all ANZ ATMs starting from today, eliminating the risk of machines getting too hungry and swallowing your cards.

Android users can finally rejoice as Android Pay is now officially available in New Zealand - but only to BNZ customers.

New Zealand’s biggest technology ‘switch-over’ since the demise of analogue TV is on its way, and the change is good news for consumers.

New Zealand's Eftpos system is due for a major upgrade next year. Retailers are being warned that they need to upgrade their Eftpos tech or lose it.

The rumours are true: Apple Pay will indeed be coming to New Zealand. But only for those with an ANZ Visa Debit or personal ANZ Visa credit card.