30 results
- 26 Jan 2021
Mastercard Evolves Contactless Technology for Quantum World
Mastercard has announced that it is applying the latest quantum-resistant technologies to develop the next generation of contactless payments. The new Enhanced Contactless (Ecos) specifications are…
- 5 Dec 2016
Contactless Payment Market worth $17.56Bn by 2021
Contactless Payment Market, according to Global Forecast to 2021, published by MarketsandMarkets, is expected to grow from USD 6.70 Billion in 2016 to USD 17.56 Billion by 2021, at a Compound Annual…
- 17 Dec 2023
Mastercard to Drive Digital Payment Transformation in Nigeria through Contactless Solutions
Mastercard leads the charge in transforming Nigeria's payment landscape as it unveils its contactless payment solutions. The solution will empower businesses to accept card payments easily and cost…
- 13 Nov 2020
Standard Bank Propels Contactless Payments Across Africa
Standard Bank Group, Africa’s largest financial services organisation by assets, is driving the mass adoption of contactless payments across Africa, as consumers look for safer ways to pay in the…
- 13 Feb 2020
Contactless Payments Tripling by 2024 - Report
Juniper Research reports that contactless payments will triple to $6 trillion worldwide by 2024, from about $2 trillion this year, as OEM mobile wallet transactions increase and banks expand the use…
- 29 Jun 2018
Mobile Contactless Payment Users to Top 750M - 2020
The global number of mobile contactless users will exceed 760 million by 2020, up from an estimated 440 million in 2018, according to a new study from Juniper Research. The research forecasts that…
- 24 May 2017
Contactless Retail Payments to Top $1Trillon Worldwide by 2019
New data from fintech analysts at Juniper Research forecasts that the global value of contactless transactions made via payment cards, mobile devices and wearables, will reach $1.3 trillion by 2019,…
- 14 May 2018
FirstBank Introduces Contactless Naira Mastercard
First Bank of Nigeria Limited has introduced the Contactless Naira Master Card to its array of debit cards to promote convenience, ease of transactions and the security of funds. FirstBank…
- 17 May 2019
‘Contactless Cards not Likely to Make much Difference in Mobile Payment Adoption’
A widening rollout of contactless cards has been accompanied by speculation that increased comfort with the technology will spur mobile payments, but it might actually cause some consumers to revert…
- 9 Oct 2020
Huawei Partner Sunline to Launch Contactless Digital Loan One Box Solution
Sunline and Huawei have jointly released the Digital Loan One Box Solution — a global contactless solution for financial services at At HUAWEI CONNECT 2020. This solution will be rolled out across…
- 16 May 2023
Mastercard, FCMB Partner to Launch Tap on Phone Contactless Payment Solution
Mastercard, in partnership with First City Monument Bank (FCMB) and Netplus, have launched a contactless payment solution that enables consumers, merchants, and financial institutions to process…
- 31 Mar 2020
COVID-19: Jumia Begins Contactless Delivery, Cashless Payments in Africa
Jumia, Africa's leading eCommerce platform has announced the implementation of ‘contactless’ delivery for prepaid packages on the platform. The company is taking additional measures to keep…
- 5 May 2025
PalmPay Reaffirms Commitment to Advancing Contactless Payments
PalmPay, a full-service digital bank, has reaffirmed its dedication to advancing the future of payments in Nigeria by promoting the widespread adoption of contactless-enabled payment terminals. This…
- 17 Nov 2021
Paga Partners LISNR on Ultrasonic Authentication for Contactless Payments Across Africa
Paga Group, a payment and financial service company, has inked a partnership with LISNR the global leader in proximity verification, to enable contactless ultrasonic authentication as it expands its…
- 20 Oct 2025
FRSC Unveils Contactless Biometric System for Driver’s Licence
Federal Road Safety Corps (FRSC) has introduced a new contactless biometric system for the issuance of driver’s licences, a major step in Nigeria’s transition toward full digitalisation of public…
- 16 Nov 2015
UBA Contactless Cards Set Off a Revolution in Card Payments In Nigeria
United Bank for Africa (UBA) Plc, leading financial services institution in digital banking offerings in Nigeria, and across Africa, is changing the payments landscape in Nigeria with the…
- 19 Feb 2018
UBA Contactless Cards Hit Industry High of 3m
United Bank for Africa (UBA) Plc, Pan-African financial institution, has again demonstrated its superiority in the Nigerian e-Banking space with the issuance of over three million Near Field…
- 8 Apr 2018
Lagos Enhances Transit Payment System with EMV Contactless Card
Commuters on the Lagos Bus Rapid Transit (BRT) system can now board buses using a contact-less card payment system. The system allows commuters who ride on BRT buses to make payments via their Lagos…
- 5 Jul 2024
NetplusDotCom, Nigerian Banks Partner on Contactless Payment
The NetplusDotCom, which is licenced by the Central Bank of Nigeria (CBN) as a Payment Service Provider (PSP), is collaborating with Zenith Bank, FCMB, Wema Bank, First Bank of Nigeria and Providus…
- 10 Apr 2023
Verve Card Expands Payment Scheme, Integrates Contactless Payments
Verve International has on-boarded 50 additional scheme members, bringing the total number of its scheme members to 250, spread across banks and other financial institutions. Verve’s position as a…
- 19 Feb 2019
Contactless Payments to Drive Global Card Spend to $45T by 2023
Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13 percent from the prior year, according to the recent RBR report, Global Payment Cards Data…
- 8 Oct 2024
FG to Incorporate Contactless Fingerprints for Online Passport Renewal
Nigeria Immigration Service (NIS) said that it will soon enter an era where the application process for renewing passports will be done entirely online, including the confirmation of biometrics. This…
- 29 Nov 2020
COVID-19: FirstBank Leads Competition with Contactless ATM
In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of…
- 10 Apr 2025
Verve Expands Payment Frontiers with Global Partnerships, Contactless Innovation
Verve, Africa’s domestic payment and token brand, has fortified its digital payments through a series of strategic partnerships and technological advancements. The brand remains committed to…
- 3 Jun 2020
Contactless Self-service Lockers Now Available for Financial Institutions
In light of the COVID-19 pandemic, FTSI, an independent provider of branch and digital transformation solutions for financial institutions, has introduced a new product, Smart Lockers for Banking.…
- 21 Mar 2021
NQR Payment Solution’ll Encourage Contactless Payments – Ecobank MD
Patrick Akinwuntan, managing director, Ecobank Nigeria, has said that the introduction of the Nigeria Quick Response (NQR), code payment solution by the Nigeria Inter-Bank Settlement System (NIBSS),…
- 27 Mar 2023
Verve Partners Alcineo on SoftPOS to Boost Contactless Digital Payment
Verve, Africa’s payment cards and digital token brand, has partnered with Alcineo, a provider of payment software and services, to deploy a software point-of-sale (SoftPOS) SDK solution. This…
- 25 Nov 2020
NetPlusDotCom Partners FCMB on Contactless Payment
NetPlusDotCom, Fintech and payment service provider, has gone into a partnership with First City Monument Bank (FCMB), to develop and deploy a notification service for merchants that enables account…
- 6 May 2021
Consumer Appetite for Digital Payments Takes Off in Nigeria- Mastercard New Payments Index Reveals
As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and online shopping. As stores closed and social distancing took…
- 15 Apr 2017
Major 'Pays' Expected to Attract 500m Users by 2021
New data from fintech analysts at Juniper Research projects that the number of OEM-Pay contactless users — including Apple Pay, Samsung Pay, and Android Pay — will exceed 100 million for the first…