buy metformin online

U.S. Mobile Operators Announce Planned ‘Isis’ NFC Service

Verizon, AT&T and T-Mobile USA announced their joint venture today, with plans to introduce NFC-based mobile payment in selected markets during the next 18 months.

The joint venture, calling its planned mobile-commerce network and brand "Isis," said it intends to use the carriers' massive customer base–more than 200 million combined subscribers–to lead the payments industry in the United States in the transition from cards to mobile phones. The mobile wallets the telcos offer on NFC phones will also provide membership and loyalty programs, personalized coupons, rewards and content.

The mobile carriers also announced their long-awaited pick for CEO of the venture, payments industry veteran Michael Abbott, formerly of GE Capital. The company the telcos formed, called JVL Ventures, is based in New York City.

"Our mobile commerce network, through relationships with merchants, will provide an enhanced, more convenient, more personalized shopping experience for consumers," said Abbott in a statement. "While mobile payments will be at the core of our offering, it is only the start. We plan to create a mobile wallet that ultimately eliminates the need for consumers to carry cash, credit and debit cards, reward cards, coupons, tickets and transit passes."

The telcos also confirmed they will partner with Discover Financial Services to tap in on Discover’s network of 7 million merchant locations in the United States–although fewer than 2% of those are now equipped to handle contactless payments. Barclaycard US will be the first issuer of "multiple mobile-payment products." But Abbott said in the statement that "moving forward, Isis will be available to all interested merchants, banks and mobile carriers."  

While Discover’s network and its Zip contactless application is present on most of the roughly 100,000 merchant locations that also accept contactless payment from Visa- and MasterCard-branded cards, the joint venture will have to build up the acceptance infrastructure greatly if it hopes to successfully wean consumers off of cards, say observers. The telcos are expected to first target cities with high concentrations of contactless terminals, such as New York City.

Abbott joined GE Capital, the financial services unit of General Electric Co., in 2002. According to the joint venture, he led strategy, marketing and product development for the GE unit’s private-label cards division. Before that, he served as executive vice president of marketing for credit card services at FleetBoston. There he launched new card products.

The telcos had searched for a CEO for months, and NFC Times learned they had been close to making an appointment on at least one occasion. The long-overdue hiring could help bring focus to the group, which faces an uphill climb to take on the major U.S. card networks Visa and MasterCard, along with major U.S. banks, in launching a new payment service.

It was unclear if the NFC services the announcement said the venture plans to launch within 18 months are in fact the pilots the group reportedly plans to hold by late 2011. 

 

HEADLINE NEWS

Amid High-Profile Win with Apple, NXP Quietly Loses NFC Business for Samsung’s Galaxy Handsets

NFC Times Exclusive: While NXP Semiconductors won the coveted contract to supply NFC chips and secure elements to Apple for its new iPhone models, it has been cut out of the recent business for Samsung Galaxy handsets, including the Note 4.

NFC Booster Chip in New iPhones One Key to Apple Pay Performance, Though Not Yet Standardized

NFC Times Exclusive: In what is believed to be one of the first uses for NFC booster technology in NFC phones, the new iPhone 6 and iPhone 6 Plus feature an amplifier chip enabling a unique antenna design by Apple for its Apple Pay service that launched Monday.

Japan’s NFC Device Rollout Tops 20 Million, Though Still Few Places for Consumers to Use Them

Japan’s rollout of phones and tablets supporting standard NFC technology has topped the 20 million mark, with Japan’s three major mobile operators deploying the handsets with NFC chips along with domestic FeliCa technology. But Japanese consumers still have few places to use the hybrid devices.

Apple to Launch Payments Service on Monday in U.S., Shuns Support for NFC in Tablets

Oct 17 2014 (All day)

Apple’s new tablets, the iPad Air 2 and iPad mini 3, unveiled today, will support the Touch ID fingerprint sensor to enable users to make purchases in apps with Apple Pay, but not in stores with NFC.

Despite NFC-Enabled iPhone and Watch, Hotels Appear to be Opting for BLE for Phone-Based Door Keys

NFC Times Exclusive: Several hotel chains are planning to start equipping certain properties with door locks supporting Bluetooth low energy by the early part of next year, or are seriously investigating the technology, which enables guests to enter their rooms with keys stored on their smartphones, Legic Identsystems, one of the technology vendors involved, told NFC Times.

China UnionPay Reportedly Strikes Deal with Samsung to Use Embedded Chips

Oct 9 2014 (All day)

Samsung Electronics reportedly says it has an agreement with payment network China UnionPay that would enable embedded chips in more than 3 million of its devices in China with China UnionPay’s contactless-payments service, though no banks have yet been mentioned as issuers.

NFC Forum Launches ‘Tap Into NFC’ Developer Program, Though Apple’s Platform Remains Closed

As the NFC Forum launches a new program to attract more application developers to the NFC ecosystem, the organization told NFC Times that it is encouraged by Apple’s adoption but considers it likely that the NFC developer community will focus on Android for the near future.

Taiwanese Telco Launches NFC; Implementation Issues with Mifare Limits Handset Models

Oct 2 2014 (All day)

TAIPEI, Taiwan – Taiwan’s largest telco, Chunghwa Telecom, Wednesday announced the launch of its long-planned NFC commercial service, enabling MasterCard PayPass credit cards from four banks, along with one of the first mobile NFC services supporting a Mifare transit purse, EasyCard.

Taiwan’s No. 1 Telco Prepares to Announce NFC Commercial Launch

Oct 1 2014 (All day)

Taiwan’s largest mobile operator, Chunghwa Telecom, will announce the small commercial launch of NFC service on Wednesday, with participation from MasterCard Worldwide, four major banks and the island nation’s largest transit and retail e-purse, EasyCard, NFC Times has learned.

People on the Move: Visa Europe’s Director of Mobile Joins Apple

Apple has hired Visa Europe’s director of mobile, Mary Carol Harris, as the tech giant gears up for its expected launch of Apple Pay in Europe later next year.

Makers of NFC Accessories Targeting iPhone Contend Their Market is Not Lost

NFC Times Exclusive: Despite the announcement by Apple of its first NFC-enabled iPhone, released Friday, promoters of NFC-enabled attachments targeting the iPhone contend they will not lose business.

NFC Forum Adds Long-Awaited Analog Testing to Its Device Certification Program

The NFC Forum has added the final major component to its device certification with the addition of analog testing, but the impact of the development on handset makers’ willingness to submit their devices for certification remains to be seen.