HEADLINE NEWS

Taxis in Major U.S. Cities to Get NFC-Enabled Video Ads

Riders in 5,000 taxicabs in the U.S. would be able to tap on NFC tags on video advertising screens to download apps, brand information, coupons, maps, music and videos, according to technology suppliers that have equipped the taxis for potential advertising campaigns.

Analyst: Banks Have More to Fear from Cloud-Based Technologies Than NFC

Banks have much more to fear from cloud-based mobile payment than from NFC, even if mobile operators control the secure elements that hold the banks’ payment applications.

GSMA Proposes Global Standard for NFC-Enabled Loyalty and Couponing–Using SIM Cards

May 10 2013 (All day)

The GSMA mobile operator trade group is proposing a global standard for how point-of-sale terminals talk to NFC-enabled mobile wallets to enable consumers to redeem coupons and rewards.

Taiwanese Bank Gets Approval for NFC-Enabled Credit Cards; Okay for Other Banks Expected

Taiwanese banking regulators, as expected, have approved the first bank to issue mobile credit cards that could be downloaded over the air to SIM cards.

UK Retailer Marks & Spencer Sees Growing Use of Contactless

Marks & Spencer, one of the UK’s largest retailers, announced today it had rolled out contactless payment to 644 of its UK stores and said 14% of its card transactions under £20 (US$30.97) are contactless.

Identive Reports Growing NFC Business; Blames Flat Sales, Losses, on U.S. Budget Cuts

U.S.-based Identive Group reported growing NFC and smart card reader business, but fell back into the red during for the first quarter, a loss it largely blamed on U.S. federal government budget cuts.

German Bank and Telco Hold Small NFC Trial; Larger Launches Planned in Country This Year

As Germany gears up for NFC, German bank Dortmunder Volksbank along with Telefónica (O2) Germany have launched a small pilot putting a credit application onto SIM cards in Western Germany.

Cashless Technology Company Announces Rollout of Isis SmartTap on Vending Machines

Vending technology company USA Technologies plans to integrate the SmartTap mobile-commerce software into all of the company’s nearly 100,000 NFC-enabled terminals on vending machines nationwide.

Vendor Group: NFC Secure Element Market to Grow by Two-Thirds This Year

Smart card vendor association Eurosmart has substantially increased its estimate for NFC secure element shipments for 2012–by 50% to 150 million units–and forecasts that secure element shipments will grow by another 67% in 2013 to 250 million units.

Gemalto Reveals Some Details of MCX Deal; Vendor Will Earn Fees for Transactions

France-based smart card and security vendor Gemalto will operate the mobile-payment platform for U.S. merchant group MCX, earning a fee for every transaction, in addition to what appears to be a hosting fee it says is worth tens of millions.

Inside Reports NFC Revenue Down Sharply in First Quarter; Some Recovery Expected in Q2

France-based chip supplier Inside Secure today reported a sharp decline in its revenue in the first quarter from its NFC chips, blaming the situation on excess inventories of NFC chips on hand by its main customer BlackBerry.

Australian Supermarket Chain Sees Fast Take-Up of Contactless Payment

More than half of credit card transactions at Australian supermarket chain Coles are contactless, and the merchant hit the milestone just over six months after rolling out contactless terminals across its more than 700 supermarkets.

Visa Europe Predicts 40 Issuers of Contactless-Mobile Payment Services in 2013

Visa Europe predicted that by the end of 2013, there would be 40 issuers with live NFC or contactless-mobile payment services across Europe and 80 smartphones certified by Visa to handle the payments.

Visa Europe made the prediction today in announcing its annual results for fiscal year 2012, in which it also predicted that contactless transactions would quadruple in calendar year 2013, mainly from contactless cards.

Visa Europe said contactless transactions had quadrupled in 2012, as well, but did not release transaction figures.

The payment network predicted there would be 70 million contactless cards supporting its contactless application, payWave, and 650,000 contactless point-of-sale terminals across Europe that could accept the application by the end of 2013.

Nearly all open-loop contactless payment terminals in Europe also support MasterCard PayPass. MasterCard late last year announced that contactless merchant locations in Europe had doubled in 2012, to 255,000. It didn’t release a figure on contactless POS terminals or a projection for 2013. Many merchant locations have multiple contactless terminals installed, one for each checkout lane.

Visa a year ago noted that there were 30 million payWave cards on issue at the end of 2011, and it expected that to grow to 50 million by the end of 2012.

Visa also didn’t disclose where Visa issuers would launch NFC or other contactless-mobile payment services in Europe. But they are expected in, among other countries, the UK, Poland, Turkey, Germany and France. Visa called the launches “mobile-contactless” payment, which would take in NFC, but presumably could also include bridge technologies.

Banks and other issuers are also expected to issue MasterCard PayPass for NFC or contactless-mobile services in many of the same countries, especially in such PayPass hotspots as Poland, Turkey and Italy, along with Germany, where MasterCard is working with Deutsche Telekom. The telco plans to launch its own NFC payments service soon, putting a PayPass application it issues onto its NFC SIM cards.

The UK is by far Visa’s largest market for payWave, and the payment network noted that in less than a month since Transport for London began accepting open-loop credit and debit cards for payment of fares on the 8,500 buses it oversees in London, customers have paid for 100,000 rides with contactless bank cards. Riders paid for 93% of those transactions with contactless Visa cards, according to Visa.

Visa said there were 26 million payWave cards on issue in the UK and nearly 143,000 terminals that could accept payWave there, according to its latest figures.

Visa predicted that there would be 33.7 million payWave cards on issue in the UK by the end of 2013 with 175,000 contactless POS terminals accepting them.

Visa said there are even more contactless terminals in Germany, but it’s unclear how many of them have been activated. Poland, France, Spain and Turkey also have substantial numbers of contactless terminals in Europe.

According to its latest figures, there were 7.7 million payWave cards on issue in Poland, 5 million in Turkey, 4.9 million in France and 1.9 million in Spain.

Visa Europe also said it would roll out its digital wallet V.me in 2013 in the UK, France and Spain. The wallet enables customers to store payment cards for online purchases on smartphones, tablets and PCs. Visa predicted large-scale growth of the wallet in Europe over the next several years.

“The year ahead will see us putting mobile-contactless payments into consumers’ hands and introducing digital wallets on a mass scale for the first time,” Peter, Visa Europe’s chief executive, said in a statement.