Contactless payments stories
The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, representing growth of 100% since 2014.
Visa holds workshop for Kiwi students to explore future payment technology. Students will develop prototypes with a chance to win prizes.
Zomato's cashless payment services will soon be available in New Zealand, enabling Kiwi restaurant goers to pay at restaurants through the Zomato app.
From today, close to 1million smartphone users around the country will be able to download Semble to make secure payments using only their smartphone.
Kiwis are increasingly tapping into contactless payments, with 36% favouring the swift 'Tap and Go' at supermarkets, per MasterCard.
The Reserve Bank wants stronger oversight of the nation's payment systems, with a particularly focus on managing risks from the global infrastructu.
Visa Inc's local unit has seen a trebling in the use of contactless card transactions over the past year, as people become more comfortable with th.