Blogs

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.

Visa and MasterCard Continue to Downplay Isis, While Taking Steps to Compete

Although both Visa and MasterCard are downplaying the impact of the Isis joint venture on their mobile-payment strategy, there’s little doubt that the U.S. mobile-carrier JV adds a sense of urgency to everything the payment schemes now do with mobile phones.

What’s in a Title? Lots of NFC Phones, Though the iPhone Remains to be Seen

After years of hype and false starts, it appears NFC phones will finally arrive in significant variety and quantity next year. And nothing says that better than a new job title at NXP Semiconductors, "NFC volume ramp-up program manager."

HEADLINE NEWS

Alipay to Expand Acceptance of Mobile Wallet in Russia

NFC TIMES Exclusive Insight – Alipay is expanding acceptance in another overseas market, Russia, seeking to capture business from Chinese tourists who travel to the country.

Apple Discloses Plans for Four More Apple Pay Markets; Confirms Most Transactions Outside of U.S.

NFC TIMES Exclusive Insight – Apple Tuesday disclosed plans to launch its mobile payments service in four more small markets, including three countries in the Nordics, with the tech giant seeing higher usage of Apple Pay outside of the U.S., where NFC-enabled POS terminals are still not widely available.

As Use of Wallets for In-Store Payments Disappoint, P2P Payments to Surpass $120 Billion in 2017

NFC TIMES Exclusive Insight – Research firm eMarketer predicts that mobile peer-to-peer payments in the U.S. will grow by 55% to more than $120 billion in 2017, an amount that is expected to double by 2021.

Mastercard Launches Campaign to Push New Zealand Retailers to Accept Contactless Payments

NFC TIMES Exclusive Insight – Mastercard has launched an initiative to encourage retailers in New Zealand to adopt contactless payments, noting that nearly three-quarters of New Zealanders use contactless.

Banks and PayPal Announce More Deals for In-Store Transactions, But It’s Unclear When NFC-Enabled PayPal Wallet Will Arrive

NFC TIMES Exclusive Insight – Although Bank of America announced that its customers would “soon” be able to use the PayPal Wallet to pay for purchases in stores using NFC, a bank spokeswoman has told NFC Times that the NFC-enabled wallet might not even be available next year.

Experts: Don’t Expect the Amazon Go or Uber Payments Concept to Hit the Retail Chains Anytime Soon

NFC TIMES Exclusive – With the widespread use of Uber and launch of the Amazon Go experiment, some payments industry observers are predicting it might not be too long before invisible payments comes to brick-and-mortar stores.

Swatch Pay One of the First Low-Tech Payments Wearables That Can be Provisioned After the Sale: How It Works

Jul 21 2017

NFC TIMES Exclusive Insight – While such smartwatches as the Apple Watch are routinely provisioned with payments cards after they are in the hands of consumers, that hasn’t been the case for low-tech analog watches. Swatch Pay could change that.

Analysis: Apple Tries to Jump-Start Apple Pay in China with Generous Week-Long Discounts and Offers

NFC TIMES Exclusive Insight – ­Apple, which is losing its battle badly for market share in China’s huge mobile payments market, has launched one week of generous promotions in hopes it can begin to turn the tide.

PayPal Hopes Samsung Deal Will Help It End String of Failures in Tapping Offline Merchants

NFC TIMES Exclusive Insight – PayPal is believed to have cut its deal with Samsung to be part of the Samsung Pay wallet mainly to gain access to the device maker’s MST technology, enabling consumers to pay in stores with their PayPal accounts without having to look for an NFC-enabled POS terminal.

Backers of WeChat Pay and Alipay Continue to Expand Acceptance Outside of China

NFC Times Exclusive Insight – China’s two large mobile payments services, Alipay and WeChat Pay, continue to roll out acceptance in Europe, North America and other parts of Asia, as they follow Chinese tourists to these destinations.

Denmark’s Largest Bank Plans to Expand Reach of Its Growing MobilePay Wallet; Continues to Favor BLE over NFC and QR Codes

NFC TIMES Exclusive –  Danske Bank’s MobilePay service in Denmark is one of the few mobile-wallet success stories globally, though on a small scale. Now the bank is planning to expand to other Nordic countries and seeks to continue to use BLE technology, not NFC, to enable the in-store piece of its mobile payments service.

Despite Launch of Three Major ‘Pays’ in Taiwan, Visa Plans to Also Support QR Code Payments on Island

NFC TIMES Exclusive Insight – Visa says it plans to support QR code-based mobile payments late next year in Taiwan–a market where all three major “Pays” wallets have launched supporting Visa-branded cards with NFC.