Bluecode brings NFC payments to Android and iOS devices

This update signals a significant shift in how mobile wallets interact with checkout hardware. Bluecode has successfully launched NFC payment capabilities for both Android and iPhone users in Europe. For retailers, this is a major technical milestone. Historically, Apple restricted the NFC chip on iPhones to its own Apple Pay service. Recent regulatory changes in the EU have forced Apple to open this hardware to third-party providers. What does this mean for your business? It creates more competition at the point of sale. You are no longer tied exclusively to the terms and ecosystems of the 'Big Two' (Apple and Google). As alternative payment providers like Bluecode gain hardware access, they can offer smoother checkout experiences that were previously clunky or required scanning QR codes. This movement likely paves the way for Buy Now, Pay Later (BNPL) providers and specialized lenders to integrate their financing offers directly into tap-to-pay hardware. Keeping an eye on these alternative 'payment rails' is essential as they often offer lower merchant fees than traditional credit card networks. If you operate internationally or follow digital payment trends, this is the start of a more fragmented but competitive mobile wallet market.

Source: Finextra — Lending

← Return to the library· Submit a correction