Features Section

In Open-Loop Drive, Transit Agencies Can’t Leave Unbanked Behind

By: 
Tom Zind

With Transport for London’s recent announcement confirming it would be the first big transit authority to accept bank cards for bus and metro fares, momentum continues to build for other large transit authorities to go to open-loop payment.

DoCoMo Reveals Strategy for Its Move to NFC

By: 
Dan Balaban

NTT DoCoMo will sell "hybrid" NFC phones that support both standard NFC and domestic FeliCa technology from Japan’s Sony Corp. when the big telco makes its planned move to NFC late next year.

Preparing for Mobile Payment: Visa, MasterCard and Isis Weigh in

By: 
Tom Zind

While there is much anticipation that consumers will routinely pay with their mobile phones, representatives of Visa Inc. and MasterCard Worldwide–along with their would-be challenger, the telco-led Isis joint venture–say they know most consumers will need to be convinced to use their phones to pay.

Isis: For 'Daunting Task' Ahead–NFC Interactivity Will be Key

By: 
Tom Zind

Acknowledging the "daunting task" that lies ahead in attempting to establish a new payment brand in the United States, the new chief marketing officer for the Isis joint venture said Isis is not planning to try to replace payment cards with mobile phones.

Analysts: Starbucks’ Bar-Code Embrace Unlikely to Slow NFC

By: 
Tom Zind

While NFC-based mobile payment could roll out by late this year, Starbucks, the world’s largest coffee shop chain, has made it clear it is not prepared to wait.

First Trickle of Android NFC Apps Appear Before Expected Flood

By: 
Dan Balaban

A restaurant-couponing app developed by a tiny startup based in Greenwich, Conn., appeared today in the Android Market store, believed to be the first commercial NFC app for new Android phones in what observers predict will become a flood of new services for the smartphones.

Bling Continues to Seek a Breakout with Recent Moves

By: 
Tom Zind

Bling Nation, the fledgling U.S. mobile-payments company, may be in the midst of a course adjustment, as it seeks to increase its visibility and broaden its value to merchants and consumers alike.

Canadian Transit Card Operator: Not So Fast to Open-Loop Payment

By: 
Tom Zind, for NFC Times

Although it plans to eventually enable riders to directly pay their fares with contactless credit and debit cards, the operator of a new regional closed-loop transit card scheme in Canada’s largest province, Ontario, prefers to take a more cautious path to open-loop payment.

Bringing Facebook Fans into the Store with Contactless Technology

By: 
Dan Balaban

Merchants are becoming skillful at promoting themselves on Facebook–right down to getting their "fans" to post flattering comments and photos on the company page and purchasing from their online stores.

Building A Bling Nation: Progress Remains Promising–But Slow

By: 
Tom Zind, for NFC Times

A year into the slow rollout of Bling Nation’s mobile-payment service in the United States, and one thing is clear: There’s pent-up demand for shaking up the status quo and poking a symbolic finger in the eye of entrenched interests.

HEADLINE NEWS

Study: Merchants Could Boost Sales by Easing Fears Over Digital Security

NFC TIMES Exclusive Insight – A survey conducted by American Express suggests that U.S. merchants could increase their online sales by taking steps to enhance the security of customers' information.

Visa Expands Token Service Provider ‘Partner’ Program, Though Most Vendors Not Yet Integrated with VTS

NFC TIMES Exclusive Insight ­– Visa this week announced a new list of 13 “partner” companies to help it distribute and manage Visa-generated tokens, which the network giant is promoting for use in what it hopes will be large-scale rollouts of Internet of Things devices that can do payments.

Analysis: Apple Apparently Sees Need for Additional Pairing Technology with Support for NFC Tag Reading

NFC TIMES Exclusive Insight ­– Nearly three years after embracing NFC technology for mobile payments but declining to support NFC’s tag-reading mode, Apple, in a surprise move, is adding tag-reading support to its NFC-enabled devices, including the iPhone 7 series and forthcoming iPhone 8, as well as its Apple Watch.

Exclusive: Major U.S. Processors Say In-Store Transactions for Pays Wallets Remain Disappointing

NFC TIMES Exclusive – Apple Pay and the other major Pays wallets still only account for around 1% of card transactions in the U.S., three major processors told NFC Times. At least two of the processors say they haven’t seen growth in Apple Pay over at least the past year.

Alipay North America Chief Insists Company has No Plans for U.S.-Based Wallet

NFC TIMES Exclusive –  Alipay has no plans today to introduce a mobile wallet in the U.S., and is instead expanding its merchant acceptance footprint in the U.S. only to serve Chinese visitors, Souheil Badran, president of Alipay North America, told NFC Times.

NFC Secure Element Shipments Likely Dropped for First Time in 2016, and Vendor Group Cuts Forecast for 2017

NFC TIMES Exclusive Insight – Shipments of NFC secure elements almost certainly fell in 2016, based on recent figures released by vendor association Eurosmart, though the group is again declining to release specific shipment figures for NFC cards and embedded chips, instead combining the NFC unit shipments with those for machine-to-machine modules.

Samsung Pay Launches Commercially in Taiwan; No. 4 Credit Card Issuer Taishin Reveals Apple Pay Card Adds

NFC TIMES Exclusive Insight – Samsung made it official, launching Samsung Pay commercially today in Taiwan with seven banks, as expected, following Apple Pay to the market by about two months and beating Android Pay, which is expected to launch on the island nation as early as next week. 

Why is Mobile Wallet Adoption So Disappointing? Some Industry Players Weigh In

NFC TIMES Exclusive –  NFC wallets are failing to catch on in the U.S., especially for in-store transactions, for a variety of reasons, including poor awareness among consumers and cashiers, lack of full buy-in from merchants, problems with certifying terminals for contactless and an insufficient value proposition, said industry players, including a representative from Google.

Samsung Pay Launches in UK Without Major Banks or MST Technology

NFC TIMES Exclusive Insight – Samsung today finally launched its Samsung Pay mobile payments service in the UK, well behind rival payments services Apple Pay and Android Pay.

Wal-Mart Still Balks at Accepting NFC; Nordstrom Wants Right to Refuse Some NFC Wallets

NFC TIMES Exclusive – LAS VEGAS, Nev.: It’s been more than two and a half years since Apple Pay launched in the U.S., and retail giant Wal-Mart Stores still is no closer to accepting NFC at its 4,000-plus stores in the U.S. then when Apple began rolling out its NFC-enabled mobile payments service in October of 2014.

Apple Testing Loyalty Feature; Google Expected to Expand Payments for Home Device

NFC TIMES Exclusive – As they struggle with low user adoption of their respective wallets in the U.S., Apple and Google are seeking to add more features, hoping to increase transactions, NFC Times has learned.

Taiwan Chief Banking Regulator Reveals Apple Pay Card Adds; Samsung Launches Early Access in Country

NFC TIMES Exclusive Insight – The chairman of Taiwan’s banking regulator, the Financial Supervisory Commission, Wednesday revealed just how fast a start Apple Pay got on the island nation, following its launch of the mobile payments service there in late March.