Card-Present Transactions for Online Merchants
Software that enables card-present transactions for online merchants by using a buyer’s phone to enter a PIN is available from start-up Burbank.
Region: Europe
Entrust’s NFC IPhone Wallets
Mastercard, Visa and domestic-only credit and debit cards in Europe can be added to issuer-branded wallets on iPhones using HCE (host card emulation) technology from Entrust.
Idemia and R3 Partner for Offline CBDC Payments
The combination of IST and R3 enables CBDCs to be issued on Corda and used for retail offline transactions.
Ingenico’s Axium CX9000
The CX9000 has a small footprint (11.25 inches high, 15 inches wide, 11.375 inches deep) with integrated cable management and is intended for installation at retailers, restaurants and small businesses that need to preserve counter space.
Digital Asset Infrastructure for PSPs and Acquirers
Utila’s digital asset adoption technology is enterprise-grade and was designed for the high-speed operations needed by payment service providers, payment gateways, issuers of stablecoin products, neobanks and others.
Token.io Uses API Connectivity for A2A Payments
Last year, Token.io handled 62 million A2A transactions averaging $2 billion monthly. The average transaction amount was $400.
BNP Paribas, Groupe BPCE Card Processing Joint Venture
The joint venture will process more than 17 billion Visa, Mastercard and domestic-only Cartes Bancaires (CB) transactions annually.
PayPal Expands in Europe
Merchants in Europe will be able to use Fastlane on a white-label basis to compete against branded digital wallets from PayPal, Apple, Google and Wero. Both Visa and Mastercard offer expedited checkout services in Europe called Click to Pay.
NFC-based E-Receipts
Pi-xcels, which has three patents pending or registered on its technology, estimates the number of terminals capable of using NFC-based e-receipt technology at 40 million worldwide.
Virtual Cards for Accounts Payable B2B Transactions
More than 630,000 virtual cards are issued every week using Conferma’s technology. The company’s platform promises visibility into all details related to a buyer’s expense and the near-real-time reconciliation of payments they make.
