Contactless payments stories

Recent cyber attacks are raising calls for stronger, identity-focused cybersecurity, including Zero Trust principles, with traditional password hygiene no longer sufficient.

Australian hospitality venues forecast ~31% growth in 2025, crediting tech like AI, personalised marketing, and contactless payments for driving efficiency and loyalty.

A new MaaS platform, Supercard X, exploits Android NFC tech allowing cybercriminals to swiftly steal funds, raising urgent security concerns, especially in Asia.

Booster’s Savvy debit card, linked to an investment account, is a finalist at NZ’s INFINZ Awards, gaining local and global recognition for innovation.

A new report reveals that outdated payment systems at airports are frustrating 54% of travellers, emphasising the need for modernising payment options.

Kaspersky warns of rising risks from hacked NFC tags, urging users to stay vigilant against potential phishing and malware threats as NFC adoption grows.

Adyen has launched Tap to Pay on iPhone in New Zealand, enabling retailers like Lorna Jane to accept secure contactless payments without extra hardware.

NETS launches NETS SoftPOS, turning Android devices into contactless payment terminals. Merchants can now accept card, QR, and mobile payments seamlessly.

Sage expands its partnership with Stripe to enhance payment processing and cashflow management for small and mid-sized businesses.

The UK leads the charge in adopting contactless payments, as Marqeta's report reveals 80% of UK consumers used them last week, nearly double that of the US.

Australia’s fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.

The pandemic-associated rejection of cash is seen as accelerating the switch to a cashless economy, despite some resistance and concern over security.

Virgin Media O2 improves 4G and 5G coverage in rural Britain, aiming to boost local economy this festive season.

Square launches Tap to Pay on iPhone in Australia, allowing sellers to accept contactless payments without additional hardware or cost.

Adyen, the global financial technology platform, has brought Tap to Pay on iPhone to Australian retailer customers.

Visa and Global Payments have partnered to introduce 'Mobile Tap' in Singapore, which allows SMEs to accept digital payments.

The Covid-19 pandemic has accelerated the adoption of contactless payment methods, reshaping retail and supporting larger consumer trends.

Apple has launched Tap to Pay in Australia, empowering local businesses of any size to accept in-person contactless payments on iPhone.

The ABT system uses innovative technology to provide a more seamless and equitable experience that caters to the needs of all riders.

The pace of innovation in meeting customer demand and the shifting economic environment presents a challenge when developing payment technologies.