Cornèr Bank and Aduno, the Swiss retailer acquirer bank, have introduced contactless payment terminals at approximately 20 retailers in Lugano. Visa payWave will allow payments of under 40CHF to be made in less than a second.
Cornèr Bank and Aduno, the Swiss retailer acquirer bank, have introduced contactless payment terminals at approximately 20 retailers in Lugano. Visa payWave will allow payments of under 40CHF to be made in less than a second.
A new report by Global Industry Analysts predicts that the global contactless smart cards market will hit US$2.35 billion in revenue by 2015 and will make headway into new territories.
Despite the world's largest RFID project – the $6 billion China National ID card scheme – being finished in 2008 there has been a surge in orders for RFID in 2009. This article, based on a release from Peter Harrop, Chairman, IDTechEx, assesses where the RFID market now stands.
Piracy and counterfeiting are growing international problems. By co-opting a legitimate company's platform, content, or technology, a black market vendor can avoid costs such as R&D, advertising, content creation, safety testing, and regulatory approvals which are a significant part of price for many legitimate products. Benjamin Jun, vice president of technology at Cryptography Research, reports.
The Smart Payment Association (SPA), which brings together manufacturers of payment smart cards, has completed its 2008 internal market monitoring activity, undertaken in order to get a better understanding of the current status of the payment smart card market and its key trends.
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