Apple is finally letting third-party app developers add NFC options with the upcoming iOS 18.1 update, meaning that devs will be able to implement their version of contactless transaction systems ...

In both instances, you are issued a unique NFC tag in the form of a card or token, or an app like Google Pay. Meanwhile, the readers are typically fixed devices with an active connection to power ...

Digital wallets: A digital wallet, or mobile wallet, is a mobile app that stores payment methods, such as credit cards, digitally. Consumers with digital wallets on their smartphones can complete NFC ...

PayPal is testing an NFC mobile payments application at two stores in Sweden while it continues to look for ways to expand access to its payments services. PayPal has been experimenting with NFC ...

Earlier today, Apple announced another major new functionality coming to iOS 18.1: the ability for third-party apps to offer NFC transactions via the iPhone’s Secure Element: Starting with iOS 18.1, ...

This will notify users of polling loop activity by NFC apps. The observe mode changes that were first introduced in the second developer preview have also been added to the NFC experience.

Through this alternative payment method for cardholders, global banks and credit unions can provide additional touchpoints and a more integrated customer experience.