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Visa Launch V.me Digital Wallet Service

Cashless Payments, NewsBy SMI 27/11/2013

Today sees the launch of a new online payment system from Visa. It allows consumers to make online payments “simply and securely”. At a time where online purchases are rapidly increasing, businesses are realising how important it is to make things easy for their customers. The use of smartphones and electronic tablets has been a…

Eavesdropping Contactless Payments

Cashless Payments, News, TechnologyBy SMI 27/11/2013

In a paper published in September by the Department of Computing, University of Surrey, UK, researchers demonstrated how contactless payments could be interferred with, effectively “eavesdropping” on the payment systems which use Near Field Communication (NFC) / Radio Frequency Identification (RFID) technology to transfer payment data. With the required technology being increasingly made available, be…

Google Wallet Debit Card Launched

Cashless Payments, News, TechnologyBy SMI 27/11/2013

Following on from the launch of Google Wallet in 2011, Google is now introducing a prepaid debit card which will allow customers to purchase goods at stores and withdraw cash from ATMs. Google Wallet is a smartphone app which allows users to make online payments and transfer funds to other users. It is a digital…

Russia Issues Olympic 100 Ruble Commemorative Banknote

Banknotes, NewsBy SMI 27/11/2013

20 million notes will be produced in total, which have a vertical design depicting a snowboarder and several venues in the Sochi Olympic Park, including the Fisht Olympic Stadium on the reverse of the note. The national flags of countries participating in the games form part of the design on the front of the note.…