National retailer Woolworths this afternoon revealed plans to roll out the incoming generation of contactless payment facilities across all of its brands, providing yet another validation of the technology which has already been adopted by several major banks.
The UK Post Office is going to rollout contactless payment technology on June 6. The overall plan is to hit 11,500 branches, but initially the focus will be on 200 branches near the Olympic Games venues in London.
London has had a dedicated contactless payment travelcard, called Oyster, for over a decade — offering a smarter alternative to paper ticketing that can hold a balance and cap daily and weekly travel costs. But change is coming.
Retail giant Woolworths is mid-way through a massive overhaul of its contact centres – consolidating from eight to two, has introduced interactive voice response (IVR) systems in three key areas, and now has biometric voice identification on its radar.
Commencing in the past few days, all stores in the Woolworths group have banned the use of debit Visa and Mastercard transactions. This will lead to an increase in transaction fraud and greater costs to the consumer.
Mobile network operator Cubic Telecom, which runs the MAXroam cut-price roaming MVNO, has inked a deal worth “tens of millions” of dollars with Australian retail giant Woolworths. Maxroam’s virtual SIM (multi-IMSI) technology is being used to power a new global roaming product from Woolworths’ own MVNO, Woolworth Mobile.
The global roaming SIM is branded solely as a Woolwor
Google Wallet and other mobile payment providers, coupled with Near Field Communcation-enabled smartphones, are stimulating the production of contactless technology in cash registers, says ABI Research. Some 85 percent of Point-of-Sale (PoS) terminals that ship in 2016 will be & contactless-enabled,& up from 10 percent in 2010, says the research firm....