Blogs

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

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.

Telcos, SIM Vendors Live with HCE; MasterCard Grows Silent on Google Waiver, Weve Deal

With Google’s strong push behind host-card emulation and endorsements from Visa and MasterCard Worldwide, mobile operators, SIM vendors and TSMs are resigned to living with the technology, even publicly supporting it–up to a point.

Backing by Visa Promises Big Boost for HCE, but Many Banks Expected to Stick with Secure Elements for Now

NFC Times Exclusive: Visa seems to be developing a habit of taking a dig at mobile operators right before their showcase event, the Mobile World Congress, which starts next week in Barcelona.

MCX Deal with Paydiant Leaves Gemalto in Limbo

The announcement Wednesday by U.S. merchant group MCX that it is working with U.S. vendor Paydiant for its planned QR-code based mobile-payments service raises doubts of just what role remains for France-based Gemalto.

Despite HCE Buzz, Expect Lots of Secure Elements in 2014

NFC Times Exclusive: Despite the buzz around host-card emulation, or HCE, which allows for payment and other NFC applications on contactless card terminals without the need for secure elements, expect plenty of embedded secure elements and NFC SIMs to be shipped in 2014.

CapOne Keen on HCE, OTI Wave Attachment

NFC Times Exclusive: When Capital One dropped out of the Isis trial in September, some people thought the issuer–one of the largest in the U.S.­–would be back, perhaps after it waited to see if Isis would actually take off.

Isis Technology May be Ready This Year, But Effective National Launch is 2014

NFC Times Exclusive: Isis made good on its pledge to go nationwide before the end of the year, with its announcement of its national launch today, after Verizon made version 2.0 of the Isis Mobile Wallet live on Google Play yesterday. That followed AT&T and T-Mobile USA, which had earlier made the new wallet app available.

Expanded Coverage and New Premium Content from NFC Times

There’s a lot of free NFC news and analysis on the Internet, and most of it is worth just about what you pay for it.

Battle Continues for Control of NFC Phones as Samsung Weighs in

At least two-thirds of NFC phones that shipped last year packed embedded secure chips and that share is expected to hold fast this year.

Where is Google Wallet 2.0? And is Bedier Bound for MCX?

Anticipation was peaking when Osama Bedier, Google’s vice president of wallet and payments, stepped to the stage for his keynote at the Money 2020 conference in Las Vegas Oct. 22.

HEADLINE NEWS

Deutsche Bank Plans to Expand New Payments Service for Airlines to Other Industries, Though No Rollouts Yet Scheduled

NFC TIMES Exclusive Insight – Germany’s largest bank, which announced plans Monday to pilot a new payments system for airlines that would enable travelers to buy tickets without pulling out their credit or debit cards, is also planning to expand the scheme to other industries, a bank spokesman told NFC Times.

Apple Touts Strong Growth of Apple Pay Globally, though Again Fails to Release Actual Transaction Figures

NFC TIMES Exclusive Insight – Apple said the number of Apple Pay users doubled globally while transactions tripled during the last quarter, but the company did not release many details explaining reasons for the increases and again released no actual figures on Apple Pay usage.

Contactless Payments Continues to Grow for Transport for London, Helped by Fare Capping

NFC TIMES Exclusive Insight – Transport for London this week was again trumpeting its move to open-loop fare collection with contactless credit and debit cards and applications on NFC phones–noting that contactless payments now accounts for half of all pay-as-you-go metro and rail rides in and around the UK’s capital.

Visa and Mastercard Hope New Online Payments Spec Will Accelerate Rollout of Tokens; U.S. Merchant Group Blasts Network Move as Anticompetitive

Apr 26 2018

NFC TIMES Exclusive Insight – Major card networks Visa and Mastercard hope a new technical framework for online transactions they are backing from their jointly owned EMVCo specifications group will help them keep more transactions on their networks, amid growing competition for mobile and other digital payments and lackluster take-up of the networks’ respective online digital wallets, Visa Checkout and Masterpass.

Second Smartwatch Supports Fitbit Pay, but Payments Service Remains Fragmented

NFC TIMES Exclusive Insight – Struggling wearables maker Fitbit on Monday began selling its second smartwatch, the Fitbit Versa, supporting its NFC-enabled Fitbit Pay service, but not all versions of the new device support NFC in the U.S.

WeChat Pay Touts Access by Merchants to Consumer Data, Messaging Channel

Apr 10 2018

NFC TIMES Exclusive Insight – Both Ant Financial and Tencent Holdings have used their hundreds of millions of users, ready access to Chinese bank accounts, billions of yuan in subsidies for merchants and consumers and protected market status in China against Western competitors to build a combined mobile payments business valued in the trillions of U.S. dollars in transactions.

Regulations Take Effect in China to Limit Risk of Static QR Codes Used by Alipay, WeChat Pay and Others

Apr 4 2018

NFC TIMES Exclusive Insight – Daily limits on QR code- and bar code-based transactions in China have taken effect–mainly hitting Ant Financial and its rival Tencent Holdings­, providers of respective digital payments services Alipay and WeChat Pay.  

Apple Pay Finally Enables Transit Ticketing in Beijing and Shanghai, but It May be Too Late to Turn Back QR Code-Based Wallets

NFC TIMES Exclusive Insight – After being beaten by rival handset makers Huawei, Xiaomi and even Samsung to the launch of NFC transit ticketing in China, Apple today finally began enabling riders in two major cities, Beijing and Shanghai, to tap to pay fares using closed-loop transit ticketing cards.

China UnionPay Seeks to Bolster Use of Brand for Mobile Payments Overseas; Will It Make a Difference?

NFC TIMES Exclusive Insight – China’s dominant bank card network, UnionPay, which is badly losing its battle for mobile payments market share among Chinese consumers to rivals Ant Financial and Tencent Holdings–both at home and abroad–is taking steps to try to gain some ground.

Japan Begins Overdue Move to Standard NFC Acceptance

NFC TIMES Exclusive Insight – Japan was the first country to roll out contactless-mobile payments–starting in 2004–but it still does not accept standard, internationally interoperable NFC payments to any real extent, unlike most developed markets.

Google Seeks to Sign Up More Merchants for Tez App in India as Competition Heats Up

Mar 21 2018

NFC TIMES Exclusive Insight – SINGAPORE: Google is seeking to sign up more small merchants and encourage more retail payments with its Tez mobile payments service in India, an app now mainly used for peer-to-peer funds transfers.