Blogs

Apple Buying Vivotech? When Rumors Get Out of Hand

Well, it started small, as these things usually do.

In the Case of the Missing iPhone, No Word on NFC

While Apple has retrieved the prototype of its fourth-generation iPhone that a careless engineer apparently left on a bar stool in the Silicon Valley hamlet of Redwood City last month, there are no reports yet of how the company is going to prevent similar screwups.

How Long Can DoCoMo Resist A Move to NFC?

It is coming up on six years since NTT DoCoMo launched the first of its contactless wallet phones, and we have to conclude that the rollout has not been successful.

From Bangalore Bounce to Skins in America?: Citi Keen To Launch M-Payment

U.S.-based Citigroup recently made a big deal out of the results of its large NFC trial held in Bangalore, India, last year, which showed transactions soared­–by as much as 329% among one subset of users.

Innovation-Unit Overhauls: Visa and MasterCard Retool to Stay Competitive

For at least the past six months to a year, the big card networks, Visa Inc. and MasterCard Worldwide, have been reorganizing their innovation teams–much of it behind the scenes–as they try to avoid missing out on the opportunity offered by mobile payment.

Visa Goes Outside the Organization for Its New Head of Mobile

The fact that Visa Inc. went outside the organization, and outside the bank-payments industry entirely, for its new head of mobile says much about the scant progress Visa has made in its mobile initiative the past couple of years, according to observers.

Big U.S. Telcos and Banks Pursue M-Payment Separately

If there is one thing the big U.S. telcos and banks seem to agree on is that it’s possible to roll out contactless-mobile payment in America without working together.

Some Details Yet To Be ‘Discovered’ About U.S. Telco M-Payment Plans

In the competitive U.S. mobile market, the big carriers, especially the top two, Verizon and AT&T, are not above calling out their rivals by name in television commercials–rather frequently, in fact–pointing out the inadequacies of the other’s network while promoting the advantages of their own.

Licensing, Not Security, Drives New Transit ‘Standard’

The vendor group planning to launch a contactless transit-ticketing offer to compete with world-dominating Mifare technology is selling its initiative as a much-needed move to open standards and one that also provides security transit operators can trust.

How Apple Will Likely Implement NFC Mobile Payments; Hint: TSMs Need Not Apply

UPDATED: There’s little doubt now that Apple will support NFC and mobile payments in its next iPhone. The remaining question is exactly how it will do so.

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.