The National Superintendency of Banking Sector Institutions (Sudeban) established a crucial regulatory framework for the implementation of short-range wireless technology, known as NFT (Near Field Communications). This technology facilitates contactless payments through cards, and Sudeban has issued…
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contactless payments
Venezuela begins migration to contactless payment system
The contactless payment modality will be a reality in the commercial environment of Venezuela, where the migration has already begun, with the support of NewTech experts.
This is the "consulting, implementation and management services…
European Commission accuses Apple of abuse of position
The European Commission sent Apple a statement of charges in which it formally accuses the US company of abuse of a dominant position for limiting the possibilities for "Tap to Pay" contactless payment to NFC wireless technology, which in…
More than 12,000 bitcoin ATMs have been installed globally
Bitcoin ATMs installation has exceeded 50 % due to the curve turned towards contactless payments caused by Covid-19.
The installation of ATMs on a global scale has increased to 12,241 according to the update made this November 22. In the…
Huawei Card will be the next project of the Chinese technology giant
Huawei announced the soon launch of its credit card, it is Huawei Card, a project that will be available both digitally and physically. It ill offer exclusive benefits for travelers, such as access to lounges at train stations and airports…
Contactless payment system increases in Europe
The speed and security provided by wireless technologies are two of the main features that have contributed to the increase in contactless payments in Europe.
MasterCard is the main consortium behind this payment method that incorporates…