Home › Blogs › Dan Balaban's blog › Although Banks are Looking Keenly at HCE, NFC SIM Not Dead Yet

Although Banks are Looking Keenly at HCE, NFC SIM Not Dead Yet

Published: Apr 17 2014

Recent posts on this blog

Apple Joins Conference Circuit and Hype Happens; And is Apple Pay Cash a Threat to Banks?
NFC Mobile Transactions Growing but Still Have a Long Way to Go in UK
What are Eurosmart and SIMalliance Trying to Hide with Their Latest NFC Figures?: Low or Nonexistent Growth
Tip Sheet: Visa’s Deadlines for Ending Support for Alternate PANs Apply Globally
Tip Sheet: Visa Relents on Alternate PANs in Taiwan, but Phase-Out Rule Stands; Will Big European Banks Comply?
Tip Sheet: UnionPay Not Too Forgiving of Samsung for its Deal with Alipay
Tip Sheet: Visa Opens Some Tokenization Tasks to Vendors but Keeps Control of Core TSP Function
Anderson, Lambert Keep Top Posts Under Lyons in MasterCard’s Reorganized Emerging Payments Unit
Tip Sheet: Apple Holds Line on Transaction Fee Demands in Certain Countries
Tip Sheet: Vodafone Tries Proxy Play Again, This Time with PayPal; MasterCard Executive Departs
From ‘Sixpack’ to Fragmentation in the Netherlands
Apple Pay to Launch in China as Early as Next Week; UnionPay Expected to Pay Fees
Analysis: Gemalto’s Samsung Pay Deal Likely Small; Vendor’s MFS Unit Struggles after Softcard Collapse
MCX Merchant Group Changes Leadership as It Faces Growing Pressure to Launch
Apple CEO Proclaims ‘Year of Apple Pay,’ Though Offers Few Facts to Back it Up; Yet Platform Provides Twin Breakthroughs
Why it Would Make Little Sense for Google to Buy Softcard, Unless Perhaps it Gets Preloaded App
Former Isis CMO: Onerous TSM Requirement Kept Banks Away from Wallet
For One Apple Pay Issuer, It’s All about Ubiquity and Speed
How Apple Will Likely Implement NFC Mobile Payments; Hint: TSMs Need Not Apply
IPhone NFC Buzz Grows Louder, Could be More than Speculation

NFC Times Exclusive: While banks gearing up for NFC launches are keenly interested in host-card emulation, as this week’s NFC Times story about planned NFC launches in France notes, a number of banks in France and elsewhere do not plan to wait until HCE is mature enough for commercial rollouts.

They will launch on NFC SIMs. And despite their attention-grabbing support for HCE, announced in February, Visa and MasterCard Worldwide continue to support secure elements and will even subsidize TSM and SIM rental fees in some countries or regions, such as Central Europe, NFC Times has learned.

To be sure, some, if not most, of the same banks planning to put their applications on NFC SIMs could move to HCE later. 

Words: 

1,700 

Among Topics Covered: 

  • Plans by banks to push ahead with SIM-based NFC, deeming host-card emulation not yet mature
  • Plans by MasterCard to subsidize certain TSM and SIM rental costs in certain Central and Eastern European countries
  • SIM-rental fees in Europe
  • Requirements by Isis and other providers of secure-element-based wallets to make revisions for HCE
  • Development work required by telcos, OEMs and Google to make SIM-based wallets work smoothly on HCE phones
  • Briefing papers by GSMA, SIMalliance
  • Views in France on the inevitability of HCE 

Among companies and organizations mentioned:

MasterCard Worldwide

Visa
Trevica
Orange
Isis
GSMA

SIMalliance
BNP Paribas
Crédit Mutuel-CIC
La Banque Postale
Société Générale 

This is premium content from NFC Times. 

Read Full Article 

© NFC Times and Forthwrite Media. NFC Times content is for individual use and cannot be copied or distributed without the express permission of the publisher.

HEADLINE NEWS

Australian Transit Agency to Launch Mobility-as-a-Service Trial as It Pursues Long-Term MaaS Strategy

Published: Dec 9 2021

Plans by Transport for New South Wales, Australia’s largest transit agency, to launch a trial enabling users to plan, book and pay for multimodal rides is the next step toward the agency’s long-ter

Read more »
TAGS:

Updated: U.S. Transit Agency Seeks to Reduce–Though Not Eliminate–Cash Acceptance with New Fare-Collection System

Published: Dec 9 2021

Updated: The Spokane Transit Authority in Washington state confirmed that its new fare-collection system will include contactless open-loop payments–with a beta test planned for next October, a spokesman told NFC Times' sister publication Mobility Payments.

Read more »
TAGS:

UK Government Seeks to Bring London-Style Contactless Fare Payments System to Other Regions

Published: Nov 30 2021

The UK government’s plan to equip 700 rail stations over the next three years to accept contactless open-loop payments is a major initiative, as it seeks to replicate the success of London’s contactless pay-as-you go fare payments system elsewhere in the country–a goal that has proved elusive in the past.

Read more »
TAGS:

More Cities in Finland Expected to Move to Open-Loop Fare Payments

Published: Nov 16 2021

A fourth city in Finland is beginning to roll out contactless open-loop payments, with “more in the pipeline,” according to one supplier on the project, making the Nordic country one of the latest hotspots for the technology.

Read more »
TAGS:

Moscow Metro Expands Test of ‘Virtual Troika’ in Pays Wallets, as It Continues to Develop Digital-Payments Services

Published: Nov 16 2021

Moscow Metro is recruiting more users to test its “Virtual Troika” card in two NFC wallets, those supporting Google Pay and Samsung Pay, as one of the world’s largest subway operators continues to seek more ways for its customers to pay for rides.

Read more »
TAGS:

Ohio Transit Agency Expects Significant Revenue Loss as it Builds Equity with Fare Capping

Published: Nov 16 2021

The Central Ohio Transit Authority, or COTA, officially launched its new digital-payments service Monday, including a fare-capping feature that the agency estimates will cost it $1.8 million per year in lost fare revenue, the agency confirmed to Mobility Payments.

Read more »
TAGS:

Special Report: Interest Grows in ‘White-Label EMV’ for Closed-Loop Transit Cards

Published: Nov 2 2021

As more transit agencies introduce open-loop fare payments, interest is starting to grow in use of white-label EMV cards that agencies can issue in place of proprietary closed-loop cards for riders who don’t have bank cards or don’t want to use them to pay fares.

Read more »
TAGS:

Swedish Transit Agency Launches Express Mode Feature for Apple Pay, though Most Ticketing Still with Barcode-Based App

Published: Oct 28 2021

Skånetrafiken, the transit agency serving one of Sweden’s largest counties, announced today it has expanded its contactless open-loop payments service to include the Express Mode feature for Apple Pay.

Read more »
TAGS:

Major Bus Operators in Hong Kong Now Accepting Open-Loop Payments–Adding More Competition for Octopus

Published: Oct 28 2021

Two more bus operators in Hong Kong on Saturday launched acceptance of open-loop contactless fare payments, with both also accepting QR code-based mobile ticketing–as the near ubiquitous closed-loop Octopus card continues to see more competition.

Read more »
TAGS:

Moscow Metro Launches Full Rollout of ‘Face Pay;’ Largest Biometric Payments Service of Its Kind

Published: Oct 18 2021

Touting it as the largest rollout of biometric payments in the world, Moscow Metro launched its high-profile “Face Pay” service Friday, as expected, and predicted that 10% to 15% would regularly us

Read more »
TAGS:

Indonesian Capital Seeks to Expand to Multimodal Fare Collection and MaaS

Published: Oct 18 2021

Indonesia’s capital Jakarta, whose metropolitan area is home to more than 30 million people, is notorious for its stifling traffic congestion. In response, the government metro and light-rail networks and now it is funding an expansion of the fare-collection system to enable more multimodal payments and to build a mobility-as-a-service platform.

Read more »
TAGS:

Exclusive: NFC Wallets Grow as Share of Contactless Fare Payments and Not Only Because of Covid

Published: Oct 18 2021

Transit agencies that have rolled out open-loop contactless payments are seeing growing use of NFC wallets to pay fares, as Covid-wary passengers see convenience in tapping their phones or wearables to pay.

Read more »
TAGS: