Payment platform InfinitePay, part of fintech CloudWalk , has facilitated its Brazilian customers to accept in-person contactless payments with Tap to Pay on iPhone
Interoperability was at the centre of Tuesday's CBDC discussion at Sibos, with the panel investigating how to ensure that these incoming digital currencies will work at the cross-border level.
Intesa Sanpaolo and Nexi have launched SoftPOS in Italy, allowing merchants to use their smartphones to accept payments from customers using contactless cards and digital wallets
At Sibos 2023 in Toronto, EY's Christopher Woolard chaired a session on how digital currencies have made a big splash over the past few years and questioned whether they will be merely a drop in the ocean.