Blogs

Tip Sheet: Visa’s Deadlines for Ending Support for Alternate PANs Apply Globally

NFC TIMES Exclusive – As NFC Times has reported, Visa has set precise deadlines for ending support for alternate PANs and any other form of “tokenization” that doesn’t comply with the tokenization technical framework set by EMVCo, the specifications body owned by the global networks.

Tip Sheet: Visa Relents on Alternate PANs in Taiwan, but Phase-Out Rule Stands; Will Big European Banks Comply?

NFC Times Exclusive – Visa has taken a more aggressive approach than Mastercard to ending support for alternate PANs, which it considers an impediment to its ultimate goal of converting all Visa-branded cards loaded onto smartphones and other devices to tokens complying with the EMVCo tokenization framework–preferably using its own Visa Token Service.

Tip Sheet: UnionPay Not Too Forgiving of Samsung for its Deal with Alipay

NFC Times Exclusive – As if Samsung doesn’t have enough problems, NFC Times has learned that China UnionPay is having a hard time forgiving the device maker for adding support for UnionPay rival Alipay in its Samsung Pay wallet in China.

Tip Sheet: Visa Opens Some Tokenization Tasks to Vendors but Keeps Control of Core TSP Function

NFC Times Exclusive Insight – We have terms, such as trusted service manager, or TSM, and token service provider, or TSP, to describe roles in the digital payments ec

Anderson, Lambert Keep Top Posts Under Lyons in MasterCard’s Reorganized Emerging Payments Unit

NFC Times Exclusive – The structure of MasterCard’s recently reorganized emerging payments unit is becoming clearer, with the payment scheme taking another stab at revamping the unit, which it considers key to its future growth, NFC Times has learned.

Tip Sheet: Apple Holds Line on Transaction Fee Demands in Certain Countries

NFC Times Exclusive – While Apple is believed to have offered Chinese financial institutions a price break on the cut of transaction fees it demands for participating in Apple Pay, the tech giant doesn’t appear to have extended the same offer to banks in some other countries.

Tip Sheet: Vodafone Tries Proxy Play Again, This Time with PayPal; MasterCard Executive Departs

NFC Times Exclusive – No, PayPal is not supporting NFC, contrary to what has been widely reported by the content aggregator publications the past week, as part of its announcement of a deal with Vodafone.

From ‘Sixpack’ to Fragmentation in the Netherlands

NFC Times Exclusive – The thinking behind the planned NFC joint venture among the three largest telcos and three biggest banks in the Netherlands back in 2010 was that companies controlling a combined 80% or 90% of their respective markets would be able to cover nearly all Dutch mobile subscribers and banking customers with their forthcoming mobile payments services, thus avoiding fragmentation.

Apple Pay to Launch in China as Early as Next Week; UnionPay Expected to Pay Fees

NFC Times Exclusive – UPDATE: Apple Pay was expected to launch in China sometime before the beginning of Lunar New Year, but now one or more sources in China say they expect it to happen as early as next week, nearly three weeks before New Year’s Day, which is Feb. 8. 

Analysis: Gemalto’s Samsung Pay Deal Likely Small; Vendor’s MFS Unit Struggles after Softcard Collapse

NFC Times Exclusive – Gemalto’s deal to supply TSM technology for Samsung Pay when the mobile-payments service launches in Europe, which Gemalto announced today, might net some favorable coverage for the vendor, but it will do little to help its struggling mobile financial services unit.

HEADLINE NEWS

Samsung Pay Launches in UK Without Major Banks or MST Technology

NFC TIMES Exclusive Insight – Samsung today finally launched its Samsung Pay mobile payments service in the UK, well behind rival payments services Apple Pay and Android Pay.

Apple Testing Loyalty Feature; Google Expected to Expand Payments for Home Device

NFC TIMES Exclusive – As they struggle with low user adoption of their respective wallets in the U.S., Apple and Google are seeking to add more features, hoping to increase transactions, NFC Times has learned.

Taiwan Chief Banking Regulator Reveals Apple Pay Card Adds; Samsung Launches Early Access in Country

NFC TIMES Exclusive Insight – The chairman of Taiwan’s banking regulator, the Financial Supervisory Commission, Wednesday revealed just how fast a start Apple Pay got on the island nation, following its launch of the mobile payments service there in late March.

Analysis: Cook Touts Apple Pay's 'Phenomenal Traction,' but Figures–or Lack of Them–Tell Another Tale

NFC TIMES Exclusive Insight – Apple CEO Tim Cook, with typical enthusiasm, touted Apple Pay’s “phenomenal traction” yesterday in a conference call with analysts. But with one exception, he again failed to release any actual transaction figures for the mobile payments service, while also apparently overstating the contactless and NFC acceptance footprint in the U.S.

Analysis: Enabling HCE Payments in Stand-Alone Wallet Vs. Mobile-Banking App? A Look at Ukraine

NFC TIMES Exclusive – Banks planning to launch host card emulation-based mobile payments have a decision to make: Should they incorporate the payments feature in their mobile-banking apps or introduce a separate wallet app.

Samsung ‘Officially’ Launches First Pays Service in Nordics and Middle East; Expands Beta to Two More Countries

NFC TIMES Exclusive Insight – Samsung today said it had “officially” launched its mobile payments service, Samsung Pay, in Sweden and the United Arab Emirates after “early-access launches” in these countries, making it the first of the global “Pays” wallets to fully launch in either the Nordics or the Middle East.

‘Pays’ Not Enough: Two Singaporean Banks to Expand P2P Apps to In-Store Payments Using QR Codes

NFC TIMES Exclusive Insight – Two of Singapore's major banks–both of which are participating in all three of the “Pays” wallets–Apple Pay, Samsung Pay and Android Pay–are expanding their peer-to-peer payments services to in-store payments using QR codes.

More German Banks to Commercially Launch HCE-Enabled Payments

NFC TIMES Exclusive – At least two German banks plan to follow the country's largest bank by assets, Deutsche Bank, in offering host card emulation-based mobile payments to their customers, NFC Times has learned.

PayPal Will Use Discover Acceptance Infrastructure and Tokenization for In-Store Payments with Android Pay

NFC TIMES Exclusive – PayPal will use the Discover Financial Services acceptance infrastructure and tokenization for its move to in-store payments with Android Pay, NFC Times has confirmed.

Samsung Pay Nears Launch in Taiwan; Android Pay Expected to Follow

NFC TIMES Exclusive – Samsung Pay is expected to launch next month in Taiwan, followed by Android Pay, as the two global “Pays” wallets gear up to compete with Apple Pay on the island nation, NFC Times has learned.

Analysis: Following Delays, PayPal ‘Soon’ to Launch Next Attempt at In-Store Payments using Host Card Emulation

NFC TIMES Exclusive Insight – PayPal and Google announced a deal that promises to finally bring HCE payments to U.S. PayPal account holders, after delays–enabling users to pay with PayPal through Android Pay.

Vendor Blames Certification Woes for Slow Rollout of Payments Wearables

NFC TIMES Exclusive – A costly and time-consuming payments wearables certification process is a major contributor to delays in payments wearables getting into the hands of more consumers, Israel-based On Track Innovations’ director of marketing and head of innovations Nir Barr told NFC Times.