Near-Field Communication (NFC)

Merchant Machine, a United Kingdom-based payments information and comparison site, issued a report on contactless transaction limits around the world. Only two nations, Ecuador and the United States have no limit, though banks or merchants may set their own limits, Merchant Machine said. Payments-technology provider BHMI announced an entity-relationship component for its …

A Mercedes-Benz spokesperson tells Digital Transactions News its Mercedes pay+ in-car payment service that turns the vehicle into a payment device will appear in its U.S. models, though it cannot share a timeframe for that. Announced earlier this week, Mercedes pay+ will initially be available in Germany and in other European markets later this …

The big processor FIS Inc. may be a possible acquisition target of Visa Inc., according to news reports that emerged last week. The card network reportedly was eyeing FIS before the processor announced last month it would spin off its Worldpay processing unit but might still bid to acquire all or part of the …

Payment technology provider Repay Holdings Inc. has high hopes in 2023 for two new business segments—Consumer Payments and Business Payments—as its posts $6.6 billion in processed card volume for 2022. In related news, CardFlight, developer of SwipeSimple, a mobile point-of-sale service, hits a record merchant count of 125,000. Repay’s plans …

Felix announced its Terminal Tap to Pay technology has been integrated with the Android-based M50 Mobile Computer from Elo, enabling contactless payments on the Elo device. The move follows Stripe Inc.’s move last week to launch Tap to Pay for Android technology in six countries, including the United States. Payments provider ACI Worldwide Inc. reported …

Stripe Inc. late Wednesday announced it is making Tap to Pay functionality for Android phones and tablets available in the United States, the United Kingdom, Canada, New Zealand, Australia, and Singapore. The San Francisco-based processor launched Tap to Pay for iPhone last year. The addition of Tap to Pay for …

The cryptocurrency exchange Bitcoin of America announced users can pay their utility bills at kiosks operated by the company in Illinois and Texas by converting their virtual currency holdings into dollars at the machines. Samsung Electronics Canada launched a new version of its Samsung Galaxy S23 Series of mobile phones in that country, with …

Nuvei Corp. said it will be a multiyear sponsor of the Mercedes-AMG Petronas Formula One Team. Business management marketing software provider Marketing 360 added a tap-to-pay feature to its mobile app, enabling its clients to accept payment cards and digital wallets. The cryptocurrency-payments platform Wirex said it will become a member of Visa Inc. in …

A major venture by some of the country’s biggest banks to launch a digital wallet using a platform from Early Warning Services LLC, news of which emerged early Monday, is likely to benefit from the banks’ technology resources. But it could be hindered by consumers’ entrenched preferences for major-brand wallets …

Card-issuing platform Marqeta Inc. has extended its tokenization technology to allow card issuers to push tokenized cards to consumers’ mobile devices, where consumers can use the cards to make purchases. The new technology, which Marqeta calls “web push provisioning,” is expected to reduce friction in mobile payments by eliminating the …