Blogs

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."

C7 False Start: Nokia Still Can’t Find the NFC Groove

If Nokia isn’t careful, it will botch the launch of its first NFC smartphone.

Telcos and M-Payment: Vendors See a Market

While the joint venture formed by U.S. mobile carriers to roll out NFC mobile payment and other services is the most prominent example of telcos planning to enter the retail payment market, it surely will not be the only one. 

Visa microSD Now in Testing, but When Will it be Certified?

Given the publicity that DeviceFidelity has been receiving the past several months for its contactless microSD card technology, In2Pay, I figured the makers of rival contactless microSDs would be busy making excuses.

Dutch Banks and Telcos to Go to Full NFC, but Will They Use It?

Dutch banks and telcos seem determined to deploy full NFC phones, not bridge technologies, when they launch their planned mobile-payment services in 2012.

Who is Apple's Benjamin Vigier?

Tech bloggers and online journalists who cover this industry worked themselves into a frenzy again the past week, this time over the hiring by Apple of Benjamin Vigier as project manager for mobile commerce.

Visa and MasterCard Offer Little Response to Telco Payment Plans

Visa Inc. and MasterCard Worldwide haven’t said much in response to plans by major U.S. mobile carriers to turn their subscribers’ phones into payment devices. But what they have said indicates the card schemes will brand the telcos’ initiative as closed and bad for consumers.

Lower Interchange in the UK: A Well-Kept Secret

Visa and MasterCard sure can keep a secret.

Against the Odds, the Dutch Find a Reason to Believe

No, this is not a column about some plucky European football squad from a small country making it into the World Cup finals.

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.