Blogs

Lower NFC Phone Shipments Show NXP and Google Got Carried Away

The slashing by Netherlands-based chip maker NXP Semiconductors of its NFC phone forecast for 2011 demonstrates just how complex the business case for NFC rollouts can be.

Telcos Close Ranks as Google Threat Looms

In just the past few weeks, major mobile operators in the United Kingdom and Denmark have announced joint ventures to roll out NFC services.

With Launch of Google Wallet, the Wallet War Begins

Google has unveiled its much anticipated NFC mobile wallet and, as expected, we learned that it is much more than just an app for Android phones.

Make No Mistake–Card Emulation is Coming Soon

We’ve been told recently by some big NFC players that the industry is focusing too much on applications that use card emulation, that is, those that enable the phone to act like a contactless card to do payment, ticketing and access control.

Inside Secure: Ripe for an IPO

Not much information has been escaping Inside Secure’s headquarters in Aix-en-Provence, France, the past few weeks.

Big U.S. Banks Look for A Business Case for NFC

How do the big U.S. banks view the prospect for payments moving to mobile phones? Their recent discussions with a group of large merchants are illuminating, but perhaps not so surprising.

Google Gears Up for NFC M-Commerce; Wallet War Ahead?

As Google’s outgoing CEO Eric Schmidt put it at last month’s Mobile World Congress, NFC combined with smartphones represents a "mega-scale opportunity" and promises to "revolutionize" electronic commerce and payments.

The ‘NFC World Congress’? Not Quite, but the Buzz is Back

Some were calling it the "NFC World Congress" last week in Barcelona, but when all was said and done, handset makers announced just two NFC-enabled models at the huge Mobile World Congress trade show. 

Bloomberg Blows it Again–Apple’s Payment Plans are Pure Speculation

The NFC and payments worlds were all abuzz recently with news that Apple planned to introduce its own payment service using a new generation of NFC-enabled iPhones and iPads.

With Google Backing NFC, Apple Can't Afford to Pass on the Technology

Updated. As smartphone makers announce more new models supporting NFC over the next few months, it will only add to the anticipation building over whether Apple will support NFC in the iPhone 5.

HEADLINE NEWS

Fitbit Unveils First Non-Smartwatch Supporting NFC Payments Service, but Progress of Device Rollout Slow

NFC TIMES Exclusive Insight ­– U.S.-based wearables maker Fitbit in October plans to release its first non-smartwatch supporting its payments service, Fitbit Pay, with the recent unveiling of its new health and fitness tracker Charge 3–but as with its Versa smartwatch, released in April, the NFC payments feature will only be available on a “special edition” version of the tracker in the U.S. and likely in some other markets.

Analysis: Three Years In, Samsung Pay Transaction Figures Are Still Nothing to Boast About

NFC TIMES Exclusive Insight – ­Three years after its launch in South Korea, consumer take-up of Samsung Pay remains lackluster, despite the company’s efforts to hype up its newly released figures.

Dominant NFC Chip Supplier Seeks to Move Up Value Chain by Providing More Services

NFC TIMES Exclusive – NXP Semiconductors, the dominant supplier of NFC chips and secure elements for smartphones and wearables, is seeking to push further up the value chain, offering such services as a white-label wallet platform and provisioning of bank and transit payments applications.

More Cities Plan to Launch Transit Ticketing in Google Pay Wallet

NFC TIMES Exclusive – Some major cities plan to enable their transit fare payments in the Google Pay wallet, using NXP’s Mifare 2GO provisioning service, NXP Semiconductors confirmed to NFC Times, adding that the implementations could put the fare-payments applications on secure elements.

Vancouver Transit Authority Plans to Run Open-Loop and Closed-Loop Fare Collection Side by Side

Aug 13 2018

NFC TIMES Exclusive – Vancouver-area transit authority TransLink is seeing modest consumer take-up for its new open-loop contactless fare payments service and around 6% of the contactless EMV credit transactions are from NFC mobile wallets so far, NFC Times has learned.

Mastercard Backs Open-Loop Transit Payments in Taiwan’s No. 2 City

NFC TIMES Exclusive Insight – Kaohsiung, Taiwan’s second-largest city, plans to enable riders to enter subway gates by tapping contactless EMV credit cards and NFC wallets by the end of the year, working with Mastercard.

Traditional Watchmaker Fossil Adds NFC Payments, Heart Monitor to Smartwatch Line, as It Seeks to Reverse Earnings Slump

NFC TIMES Exclusive Insight – Struggling U.S.-based watchmaker Fossil has introduced NFC for the first time, in its Q line of smartwatches, hoping the support for Google Pay and other smartwatch applications will help the mainly traditional watchmaker to stay competitive as more consumers turn away from traditional watches.

Analysis: Apple Touts Growth, as It Releases First Global Transaction Figure for Apple Pay; but Service Continues to Face Challenges

NFC TIMES Exclusive Insight – Apple released the number of global transactions for its Apple Pay service–believed to be the first time it has done so–as the tech giant touted a tripling of transactions to more than 1 billion for the latest quarter. Apple also disclosed plans by two more large U.S. retailers to accept contactless payments and announced that another major country, Germany, would support Apple Pay, later this year.

Japan’s SoftBank Group Plans Digital Payments Service; Can It Convince Consumers to Part with Their Cash?

NFC TIMES Exclusive Insight –  SoftBank Group’s reported plans to launch a mobile digital payments service in Japan by year’s end–collaborating with Indian mobile payments provider Paytm–is an attempt by SoftBank Group founder Masayoshi Son to do what other large companies have tried and failed to do: wean Japanese consumers off of cash.

Garmin Unveils New Smartwatch Series Supporting Garmin Pay

NFC TIMES Exclusive Insight – U.S.-based wearables maker Garmin has introduced a fourth smartwatch to its lineup of devices supporting its NFC-enabled payments service, Garmin Pay, the high-end D2 Delta watch series targeted at aviators or aviator wannabes.

Hong Kong Subway Operator and Majority Owner of Octopus Pursues QR Code-Based Transit Payments

NFC TIMES EXCLUSIVE Insight – Hong Kong’s MTR Corp., which runs the city’s subway system, next month will accept tenders from technology and payments providers for a QR code-based fare collection service that will serve as an alternative to its much-used contactless Octopus card.

Open-Loop Payments Connected with Campus ID Cards Not to be Included in Apple Wallet

NFC TIMES Exclusive – NFC-based student ID cards provisioned to Apple Wallet beginning this fall won’t include the open-loop debit payments that are often part of plastic student ID cards, NFC Times has learned.