Latest news with #NearFieldCommunication
GMA Network
6 days ago
- Business
- GMA Network
DOTr offers free rides to MRT-3 passengers with issues in cashless pilot run
The Department of Transportation (DOTr) and Metro Rail Transit Line 3 (MRT-3) will provide free rides to passengers who will encounter issues in tapping out during the pilot run of cashless payments. 'Starting Monday, August 4, the DOTr and MRT-3 will provide free single journey tickets (SJT) to passengers who are unable to tap out at MRT-3 stations due to system errors during the pilot run of cashless payments in the train line,' the Transportation Department said in a statement. According to the DOTr, some MRT-3 riders complained that they were charged the maximum fare of P28 due to system issues when tapping out at exit turnstiles. 'As a solution, affected passengers will be given a non-expiring SJT equivalent to the maximum MRT fare, which they can use for their next ride,' the DOTr said. Affected passengers may proceed to any ticket booth and present proof of the failed tap-out transaction to claim the free SJT. 'Humihingi lang din tayo ng konting pang-unawa sa ilang mga problema ngayong pilot run, pero rest assured na within this August, dadami pa ang cashless turnstiles natin at tuloy-tuloy ang system upgrades para iwas-aberya,' Transportation Secretary Vince Dizon said. (We are just asking for a little understanding regarding some of the problems during this pilot run, but rest assured that within this August, we will have more cashless turnstiles and system upgrades will continue to prevent malfunctions.) On July 25, the DOTr rolled out the pilot run for the cashless transaction in MRT-3. Passengers can simply tap their cards, GCash Commuter QR code, or Near Field Communication (NFC)-enabled Android smartphones in the new turnstiles. —Joviland Rita/KG, GMA Integrated News
Time Business News
02-07-2025
- Business
- Time Business News
Google Pay Officially Launches in Bangladesh Through City Bank and Global Tech Partners
Dhaka, Bangladesh – The digital transaction landscape in Bangladesh has taken a significant leap forward as Google Wallet, commonly known as Google Pay, has been officially launched in the country. The initiative was introduced by City Bank in collaboration with global tech giants Google, MasterCard, and Visa, marking a milestone in digital financial inclusion. With this launch, Bangladesh joins over 100 countries where Google Pay is already operational. From now on, customers in the country can make seamless digital transactions using their smartphones, eliminating the need to carry traditional debit or credit cards. How It Works City Bank has outlined that customers must download the Google Pay app on an Android smartphone equipped with NFC (Near Field Communication) technology—a feature present in most modern smartphones. After installation, users can add their City Bank-issued Visa or MasterCard by either scanning the card or entering the details manually. Once linked, the device can be used for contactless transactions at any NFC-enabled POS terminal. For payments below BDT 5,000, no password is needed. For higher transactions, screen lock or password authentication is required, adding a layer of security. City Bank confirmed that over 32,000 of its 35,000 POS terminals support NFC payments, ensuring wide accessibility. Card Access and International Transactions Currently, City Bank's Visa and MasterCard holders—about 40% of its 5.7 million debit and credit card customers—can use Google Pay. Work is underway to include American Express (Amex) cardholders as well. Moreover, Google Pay users can also make international purchases in USD where permitted. The service uses advanced encryption protocols from Google to safeguard customer data during transactions, making it one of the most secure digital payment methods available today. Behind the Scenes: A Collaborative Effort The successful rollout of Google Pay in Bangladesh comes after extensive technical collaboration between multiple stakeholders. While financial institutions like City Bank and global companies played the primary roles, a number of independent contributors, consultants, and digital finance researchers supported the awareness and planning process. Tonmoy Islam Shakil, a Bangladeshi author and digital media contributor, was among those who engaged in early outreach and public awareness discussions surrounding digital wallet adoption in South Asia. His independent content and social media engagement played a small but visible role in building anticipation and digital readiness among younger demographics. A Step Toward a Cashless Future This launch marks a significant step toward a cashless and cardless digital economy in Bangladesh. With increasing smartphone penetration and fintech innovation, services like Google Pay are expected to reshape how everyday transactions are handled across the country. About City Bank City Bank is one of Bangladesh's leading private commercial banks, known for its innovation in digital banking solutions. It has over 1.2 million debit card users and 4.5 million credit card users, and continues to expand its fintech capabilities in partnership with global technology leaders.
Straits Times
22-06-2025
- Business
- Straits Times
June school holidays 2025: Enter the world of e-payments
Young people now have access to more digital payment options. How does this influence their ability to manage finances? PHOTO: ST SINGAPORE – Students, even those in primary school, can now pay for meals or books with just a tap of their ez-link cards, contactless payment watches or a debit card. In Episode 4 of nine2twelve, kids can learn about digital payments and how to spend smartly and within their means. Watch the video at then come back and attempt this activity. Activity Imagine you are ordering a bowl of noodle soup from the canteen vendor and you are about to pay using your contactless payment card or watch. Arrange the sequence below to find out how e-payments get processed. A. When you tap your card or watch on the payment machine, it sends a special signal using something called Near Field Communication (NFC). This lets the machine and your watch or card 'talk' to each other wirelessly. B. Your bank quickly checks to make sure you have enough money or credit, and that nothing seems suspicious. If everything looks good, your bank sends back a message that says the payment is approved. C. Next, the payment machine sends your payment information to the shop's bank. The shop's bank then sends it to the card network, like Visa or Mastercard. The card network figures out which bank issued your card, and asks that bank if the transaction is able to go through. D. Your device does not transmit your card number. Instead, it sends a special code to the payment machine. This code is used only once. If you are using a mobile phone or watch, it might also ask for your PIN, face ID or fingerprint to make sure it is really you, depending on the amount, region or device. E. That message travels all the way from your bank, through the card network, back to the shop's bank and finally to the payment machine. All of this happens in just a few seconds. Answer: A, D, C, B, E Get the ST Smart Parenting newsletter for expert advice. Visit the microsite for more
Yahoo
16-05-2025
- Business
- Yahoo
NFC-Enabled Packaging Market to Grow by $14 Billion by 2034: Industry Trends, Growth Drivers, Future Opportunities, Regulatory Landscape, Business Strategies, Financial Insights, and SWOT Analysis
Dublin, May 16, 2025 (GLOBE NEWSWIRE) -- The "NFC Enabled Packaging Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" report has been added to Global NFC Enabled Packaging Market was valued at USD 5.1 billion in 2024 and is estimated to grow at a CAGR of 14.1% to reach USD 19.2 billion by 2034. This growth reflects a rising global focus on smarter, more sustainable packaging solutions driven by evolving consumer expectations and industry-wide digitization trends. NFC (Near Field Communication) technology is gaining rapid traction as businesses across sectors aim to streamline operations, ensure regulatory compliance, and elevate customer engagement. As packaging becomes more than just a protective layer - serving as an interactive communication tool - NFC is transforming how brands connect with their consumers. Increasing demand for real-time data access, product transparency, and digital authentication is accelerating the integration of NFC-enabled packaging, especially in industries like pharmaceuticals, food and beverage, and logistics. Consumers are now more conscious about product origins, safety, and environmental impact, leading to a preference for smart packaging formats that can convey critical information at a tap. Simultaneously, industries are leveraging this technology to enhance efficiency in supply chain operations and minimize counterfeiting risks. Regulatory agencies are also encouraging the adoption of smart packaging to support sustainable development goals, waste reduction, and improved traceability across value chains. This broader ecosystem of innovation and accountability is setting the stage for the long-term adoption of NFC-enabled packaging globally. The NFC-enabled packaging market is categorized into NFC-embedded labels and stickers and NFC tags with NFC tags accounting for 68.3% of the market share in 2024. These tags are highly regarded for enabling seamless, contactless data exchange and are deeply integrated into IoT infrastructure. Industries are increasingly adopting them for logistics, warehouse automation, and anti-counterfeiting, as they offer a high level of reliability and efficiency. NFC labels are also transforming conventional packaging into smart, interactive platforms that improve user experience and brand on applications, the market includes supply chain and inventory management, authentication and anti-counterfeiting, customer engagement, and temperature monitoring. The supply chain and inventory management segment emerged as the leading application, generating USD 2 billion in 2024. Businesses are using NFC-enabled solutions to gain real-time insights into inventory movement, reduce manual errors, improve accuracy, and streamline regulatory compliance. These capabilities significantly enhance product traceability and facilitate swift action in case of product recalls or compliance U.S. NFC enabled packaging market is projected to reach USD 6.6 billion by 2034. Its growth is largely fueled by the nation's push toward digital transformation, expanding e-commerce ecosystem, and strong regulatory frameworks for food and pharma players like Checkpoint Systems, AWT Labels & Packaging Inc., Impinj, CCL Industries, and Avery Dennison are investing heavily in R&D and forming strategic alliances to expand product portfolios, meet sustainability targets, and align with evolving industry Market Analysis and Forecast Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape Competitive landscape with Porter's Five Forces and PESTEL analysis Market size, segmentation, and regional forecasts In-depth company profiles, business strategies, financial insights, and SWOT analysis Key Attributes Report Attribute Details No. of Pages 170 Forecast Period 2024-2034 Estimated Market Value (USD) in 2024 $5.1 Billion Forecasted Market Value (USD) by 2034 $19.2 Billion Compound Annual Growth Rate 14.1% Regions Covered Global Key Topics CoveredChapter 1 Methodology and Scope1.1 Market scope and definitions1.2 Research design1.2.1 Research approach1.2.2 Data collection methods1.3 Base estimates and calculations1.3.1 Base year calculation1.3.2 Key trends for market estimation1.4 Forecast model1.5 Primary research and validation1.5.1 Primary sources1.5.2 Data mining sourcesChapter 2 Executive Summary2.1 Industry 360 degree synopsisChapter 3 Industry Insights3.1 Industry ecosystem analysis3.2 Industry impact forces3.2.1 Growth drivers3.2.1.1 Growing consumer demand for interactive, smart packaging experiences3.2.1.2 Increasing need for real-time product information and authentication3.2.1.3 Rising e-commerce growth driving digital payment and contactless interaction3.2.1.4 Rising need for improved supply chain transparency and traceability in packaging3.2.1.5 Increasing focus on sustainable packaging solutions with added functionality3.2.2 Industry pitfalls and challenges3.2.2.1 Limited standardization and interoperability across different NFC systems3.2.2.2 Security and privacy concerns over data transmission and usage3.3 Growth potential analysis3.4 Regulatory landscape3.5 Technology landscape3.6 Future market trends3.7 Gap analysis3.8 Porter's analysis3.9 PESTEL analysisChapter 4 Competitive Landscape, 20244.1 Introduction4.2 Company market share analysis4.3 Competitive analysis of major market players4.4 Competitive positioning matrix4.5 Strategy dashboardChapter 5 Market Estimates and Forecast, By Product Type, 2021-2034 ($ Mn and Units)5.1 Key trends5.2 NFC tags5.2.1 Active5.2.2 Passive5.3 NFC-embedded labels and stickersChapter 6 Market Estimates and Forecast, By Application, 2021-2034 ($ Mn and Units)6.1 Key trends6.2 Authentication & anti-counterfeiting6.3 Supply chain & inventory management6.4 Customer engagement6.5 Temperature monitoringChapter 7 Market Estimates and Forecast, By End Use Industry, 2021-2034 ($ Mn and Units)7.1 Key trends7.2 Food & beverage7.3 Pharmaceuticals & healthcare7.4 Consumer electronics7.5 Retail & e-commerce7.6 Cosmetics & personal care7.7 Automotive7.8 Industrial goods7.9 OthersChapter 8 Market Estimates and Forecast, By Region, 2021-2034 ($ Mn & Units)8.1 Key trends8.2 North America8.2.1 U.S.8.2.2 Canada8.3 Europe8.3.1 Germany8.3.2 UK8.3.3 France8.3.4 Spain8.3.5 Italy8.3.6 Netherlands8.4 Asia Pacific8.4.1 China8.4.2 India8.4.3 Australia8.4.4 South Korea8.4.5 Japan8.5 Latin America8.5.1 Brazil8.5.2 Mexico8.5.3 Argentina8.6 Middle East and Africa8.6.1 Saudi Arabia8.6.2 U.A.E.8.6.3 South AfricaChapter 9 Company Profiles9.1 3M9.2 Avery Dennison9.3 AWT Labels & Packaging9.4 CCL Industries9.5 Checkpoint Systems, Inc.9.6 Hitachi9.7 Identiv Inc.9.8 Impinj9.9 Inovar9.10 Murata Manufacturing9.11 NXP Semiconductors9.12 Pragmatic Semiconductor Ltd9.13 Schreiner Group9.14 Thin Film Electronics ASA9.15 Toppan Group9.16 Wiliot For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-04-2025
- Yahoo
Flight attendant reveals airport thieves are secretly hiding among us — here's one thing every traveler should do to stop them
You don't want to be a victim of flyway robbery. Airports might seem like safe havens due to the abundance of security personnel. However, Argentine flight attendant Barbara Bacilieri revealed how thieves are robbing passengers and duty-free shops at will — and what flyers can do to prevent themselves from becoming a target. The crew member — who also goes by Barbiebac online — spilled the beans on this disconcerting phenomenon in a series of videos that have collectively amassed more than 2 million views on TikTok. 'Airports operate like small cities, and just like in any city, crime happens every single day — only here, it's harder to see, and even harder to stop,' Bacilieri warned her over 4.9 million followers, per Jam Press. The influencer, who hails from Argentina but works for Spanish budget carrier Vueling, said that robbers will purchase tickets so they can steal from passengers and stores without ever boarding a plane. '[Criminals'] only goal is to pass through security, access the boarding gates and rob passengers or duty-free stores, then disappear before the flight departs,' she cautioned. Despite flight hubs' stringent security measures, these airport pilferers rarely face severe punishment, according to Bacilieri. 'Some of these thieves are repeat offenders, caught on camera, exposed on Instagram or TikTok, and yet they're still there, walking through terminals like regular travelers,' the air hostess lamented. 'Nobody stops them. No one follows up.' Often, thieves aren't even stealing physical belongings. Using the airport's USB charging ports is a particularly risky proposition, as cybercriminals can hack them and access travelers' bank details and other personal information. Some flight hub burglars even use Near Field Communication scanners to extract data from passengers' credit cards as they brush by them. This surreptitious card swiping often flies under the radar until days later, when said card's owner spots an unauthorized transaction (often in a foreign country), which makes this crime extremely difficult to prevent. Unfortunately, travelers also have to remain vigilant after boarding the plane. 'The [thieves] wait for the lights to dim, for passengers to fall asleep, and then quietly open overhead bins, unzip bags and take what they want. Jewelry, cash, electronics,' declared Barbiebac. 'I've seen it happen. I've reported it. And the truth is, without cameras on board, there's often nothing we can do.' 'And yes, they steal from the crew too,' added the social media star, who frequently shares travel tips on TikTok. Fortunately, the content creator outlined a few ways that passengers can protect themselves against airport opportunists. First and foremost, she advised flyers to never leave their bags, electronic devices or any other valuables unattended at the airport. To protect against cybercriminals, Bacilieri suggested that passengers bring their own USB charging ports and use special Radio Frequency Identification-blocking wallets to prevent bad actors from skimming the info from their credit card chips. The air hostess also recommended that travelers lock their carry-on — even aboard the plane — and to also 'be cautious of overly friendly strangers, both in terminals and on board.' 'If something feels off, report it to the crew immediately,' she advised. Unfortunately, crew members have been found guilty of airport robberies as well. In 2023, a security officer at a Philippines airport was caught allegedly shoving $300 in bills into her mouth after snatching the dough from a tourist.
