Paolo Spadafora, CEO & Founder, Epiphany and Joanne Moretti, Adviser & Partner, Epiphany, speak at EBADay 2019 in Stockholm about the essential steps to open banking, whether banks fully understand the opportunities available, how they can make the most of them and the importance of innovation, design, speed and agility in banking transformation.
Passengers travelling on Manchester's tram network can now use their contactless payment cards to pay their fares, in the first aggregated Pay As You Go implementation on light rail outside of London
Transport for Greater Manchester worked with Visa to implement the system, adhering to the Contactless Transit Framework developed by UK Finance.
Mayor of Greater Manchester Andy Burnham, says: “These initiatives are the first of many on our journey towards the integrated, London-style transport system we want to see here.
Recent research conducted by Visa highlighted that complex payment options acted as a barrier to travel and was also the cause of many complaints. The research also revealed public transport use could increase by as much as 27% if payment was easier.
In London, half of all underground and rail journeys are now effected through tap and pay bank cards and mobile devices.
Adyen (AMS: ADYEN), the global payments platform of choice for many of the world's leading companies, announced the addition of Interac Debit on Mobile for In-app and In-browser as a payment method for Canadian merchants.
As one of the first to market with Interac Debit on Mobile via Apple Pay and Google Pay, Adyen now provides Canadian merchants the ability to transact using Interac Debit through digital wallet payments both in-app and through the mobile web. With today's news, merchants can now offer Canadian shoppers the flexibility of paying with the payment method of their choice across all channels from point of sale to mobile and everything in between.
"Our priority is to continually enhance the foodora user experience by offering greater convenience and increased accessibility," said David Albert, managing director, foodora Canada. "Expanding our partnership with Adyen and enabling Interac Debit transactions to grow our payment method options for our customers is a natural fit."
"Part of our core value lies in our speed to market and the ability to provide local payment offerings on a global scale," said Adyen President of North America, Kamran Zaki. "We are excited to continue to work with foodora as they introduce new payment offerings, which will ultimately enhance their customers' buying experience."
"We're excited to collaborate with Adyen, a nimble payment service provider that has a strong track record of bringing brands to market quickly," said Nader Henin, AVP Retail Payments, Interac Corp. "Already recognized as a global payments leader, we are pleased to support Adyen's expansion into the Canadian market with foodora, allowing Canadians to pay when they want, how they want and stay in control of their money, using Interac Debit as their payment of choice."