Features Section

NFC Transit Ticketing Finally Starts to Get on Track after Years of Delays and Broken Promises

By: 
Dan Balaban

NFC Times Exclusive – NFC mobile transit ticketing–an application that once held much promise but has shown few results over the past decadefinally appears to be pulling out of the station, getting a boost from the growing interest in open-loop fare collection, the emergence of the “Pays” mobile payments services and increasing efforts by standards makers to solve basic interoperability problems between NFC phones and transit terminals.

Provisioning Companies for Payments Wearables Say Devices Headed to Market; Tokenization Key to Achieving Scale

By: 
Dan Balaban

NFC Times Exclusive Insight – As payments companies pin their hopes on wearables becoming the next wave of portable payments devices, not surprisingly there is more hype than substance when it comes to commercial launches.

Getting Payment onto Wearables–a Start-Up Sees a Niche for TSM Technology

By: 
Dan Balaban

NFC Times Exclusive – As mainstream trusted service managers struggle to cope with a world in which their services are in much less demand, a tiny, self-funded start-up is seeking to carve out a niche as TSM for millions of fitness wristbands, festival bracelets and other lower-end wearables that might one day be enabled for payment.

Open Mobile Ticketing Alliance to Use Tokenization; Faces Long Road Ahead

By: 
Dan Balaban

NFC Times Exclusive Insight – Spokespersons for Nokia’s HERE digital mapping business declined to comment on how the acquisition of HERE by German carmakers BMW, Audi and Mercedes, announced yesterday, would affect its leading role in the NFC-based Open Mobile Ticketing Alliance.

Longer-Range NFC Tags Could Bring in More Applications but Also More Privacy and Security Concerns

By: 
Kiona Smith-Strickland

NFC Times Exclusive – As the NFC Forum develops its tag Type 5 specification based on the ISO/IEC 15693 protocol, industry sources say that NFC tags using the longer-range protocol could see demand in medical, industrial, and supply chain applications, and most handsets and readers on the market can currently read the tags, although there are still concerns about interoperability and security.

Tokenization: Panel Looks at Costs and Benefits of Transformative Technology

By: 
Kiona Smith-Strickland

NFC Times Exclusive With tokenization scaling up, some players in the payments ecosystem will see financial benefit, while others will pay the cost of implementing the technology.

Survey: NFC Trumps QR Codes and Beacons for Connecting to Nonpayments Applications in Stores

By: 
Kiona Smith-Strickland

NFC Times Exclusive Insight – Between two-thirds and three-quarters of U.S. consumers say they are interested in using NFC for nonpayment retail applications, according to a study funded by the NFC Forum by research firm Strategy Analytics.

Start-Up Takes on Apple Pay but Needs Help from Other OEMs

By: 
Dan Balaban

NFC Times Exclusive: While some high-volume U.S. merchants, such as McDonald’s, Subway and Walgreens accept Apple Pay, along with other NFC-payments services, a key weakness of these platforms is the low percentage of merchants in the U.S. where consumers can tap to pay with their phones.  

Zapp Plans September 2015 Launch for ACH-Based Mobile-Payments Service in UK

By: 
Kiona Smith-Strickland

NFC Times Exclusive: While Apple Pay has re-energized interest in bank-issued mobile credit and debit cards using secure elements in NFC phones, backers of decoupled debit and other automated clearing house-based mobile-payments schemes continue to gear up.

Will Apple Watch Drive Adoption for Payments Wearables?

By: 
Kiona Smith-Strickland

NFC Times Exclusive: The NFC-enabled Apple Watch, Apple’s first smartwatch, may drive a significant increase in adoption for wearable devices, say analysts, although it remains to be seen whether that adoption will bring with it more mobile-payments applications for wearables.

HEADLINE NEWS

UnionPay Pushes Open-Loop Transit Payments, as It Seeks to Stay Competitive with Alipay and WeChat Pay

NFC TIMES Exclusive – China’s major bank card network China UnionPay is badly losing the battle for mobile payments market share against Ant Financial and Tencent Holdings, and now the two Internet giants have turned their attention to enabling mobile transit ticketing across the country.

Taiwan’s EasyCard Gives Stark Example of Problems Some Major Transit and E-Money Payments Providers Face in Enabling Mobile Payments

NFC TIMES Exclusive – HANOI, Vietnam: For several years, EasyCard Corp. of Taiwan has been seeking to enable its popular transit fare collection and retail e-money service for mobile and other digital payments, but it has hit several roadblocks along the way.

Launch of Apple Pay in Japan Boosts User Numbers for Mobile Suica, but Most Transactions Still Use Cards

Jun 9 2018

NFC TIMES Exclusive – HANOI, Vietnam: Since Apple Pay launched in Japan in the fall of 2016, the number of users for the Mobile Suica transit and retail payments application has grown by 50%, although the vast majority of transactions for Suica are still conducted with cards.

Apple to Enable Campus ID Cards in Wallet but Doesn’t Announce Opening of NFC Chip

NFC TIMES Exclusive Insight – Apple will enable colleges and universities to add NFC-based student ID cards to its Wallet with OS upgrades to its Apple Watch and iPhone, the tech giant announced Monday on the opening day of its Worldwide Developers Conference.

Barclays Embeds Contactless Chips in Bands for Brand-Name Watchmakers, Hoping to Boost Payments Wearables

NFC TIMES Exclusive Insight ­– The first contactless payments wearables resulting from UK-based Barclays partnerships with seven mostly analog watchmakers are beginning to roll out, with more planned–all using the bank’s bPay contactless chips and payments service.

Google Makes Progress Signing up Merchants in India for Tez Payments Service, but Penetration Still Low

NFC TIMES Exclusive – Google has signed up 640,000 small merchants in India to use its mobile payments service, Tez, a Google spokesman told NFC Times.

Vancouver’s TransLink Launches Open-Loop Ticketing, Though Offers Daily Riders Few Incentives to Tap Bank Cards to Pay

NFC TIMES Exclusive Insight – Vancouver is the latest major city to enable riders to tap to pay fares with contactless bank cards, including card credentials loaded into such NFC-enabled mobile payments services as Apple Pay, Google Pay and Samsung Pay.  

Walmart Quietly Ends Trial of App that Would Have Enabled Customers to Avoid Checkout Lanes in Supercenters

NFC TIMES Exclusive Insight – Walmart Inc. has ended a trial of its Mobile Express Scan & Go app in its Walmart stores in the U.S., which had enabled shoppers to scan their items themselves and pay with a stored credit or debit card, then leave the store, after having a greeter scan a bar code in their apps to briefly check the receipt.

Another Large Chinese City Supports QR Code-Based Transit Ticketing

NFC TIMES Exclusive Insight – Another major Chinese city is accepting QR code-based payments for transit fare collection, with riders of the Shenzhen Metro now able to use WeChat Pay to cover the fares.

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.