Tag: NFC

Austrian Bank To Introduce New ATMs Featuring NFC and QR Code Integration

Contactless payment technology, as well as QR codes, are slowly gaining traction within the financial sector–so much so that even Raiffeisen Bank in Austria is re-fitting their existing ATM network with 1,200 new devices, enabling both payment technologies. Consumers will be able to conduct advanced bill payments, as well as use QR codes and NFC technology for all kinds of operations. Raiffeisen Sees A Use For New ATM Technologies Most …
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Australians May Soon Complete Payments With An NFC-enabled Reusable Coffee Cup

Many different types of alternative payment solutions have been tested and trialled in recent years. QR code support and contactless payments are just two examples of introducing new technology into the financial ecosystem. But if it is up to Optus, an Australian telecommunications provider, we will soon pay for coffee with a customised coffee cup. Paying For Coffee With A Cup Sounds Ridiculous As is the case with any new …
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Close to 77% Of Payment Terminals Will Be NFC-Ready By 2020

Mobile and contactless payments are slowly becoming the new norm all over the world. Unfortunately, not every point of sale terminal accepts these payment options, as they do not possess the necessary hardware or software upgrades. By 2020, nearly eight in ten POS terminals will be NFC-ready. But will it be too late by then? Consumers Want To Use NFC Payments Right Now It seems like forever since NFC payments …
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Multipurpose Point of Sale Devices Are Needed To Boost Retail Bitcoin Adoption

Getting retailers to accept Bitcoin payment is a very delicate process. Not only do they need to see the added value of such a change, but the costs to integrate Bitcoin need to be kept to a minimum. Although there are several solutions available–including using a smartphone or tablet– there is something about point of sale terminals. Multi-purpose Bitcoin Payment Terminals Have Their Appeal In this day and age of …
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