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

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.