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Welcome to The Axis, your look at payments news from around the world. Coverage includes Island Pay’s contactless payments rollout in the Bahamas. In other news, UnionPay International is bringing the UnionPay app to Macau and Hong Kong, and U.K.-based PrePay Solutions has rolled out Google Pay functionality through Monese.
Island Pay plans to roll out a digital cash service called the Contactless Companion Platform (CCP), which will enable consumers to load money onto fobs, cards and wearable items, the company said in an announcement. With the new offering, Bahamians as well as visitors can make contactless payments with each other and to Island Pay merchants. The platform will run on Samsung Semiconductor secure chip technology, as
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