buy metformin online

China: Unicom Announces Planned NFC Payments Launch with Merchants Bank

Shanghai, China
Scope: 
Rollout
Launch: 
Dec 2012
Main Application: 
Payment
Mobile Operator: 
China Unicom
Service Provider (application): 
China Merchants Bank (Quick Pass)
Merchants: 
160,000-plus terminals in Shanghai, including those at Starbucks, Watsons and Dairy Queen; Quick Pass terminals elsewhere in China
Users: 
N/A
NFC Handsets: 
Samsung Galaxy S III
NFC Handsets: 
Samsung Galaxy Note II
NFC Handsets: 
Sony Xperia P
NFC Handsets: 
Sony Xperia S
NFC Handsets: 
Sony Xperia TX
NFC Handsets: 
Sony Xperia sola
TSM*: 
N/A
Secure Element: 
SIM
Other Vendors: 
China UnionPay (QuickPass application), Giesecke & Devrient (NFC SIM cards), Gemalto (NFC SIM cards), NXP Semiconductors (NFC phone chips).

China Merchants Bank plans to issue a debit application and a separate e-purse for China Unicom SIM cards, according to reports. The applications would support the Quick Pass application from payment network China UnionPay. Customers of the bank could tap on more than 160,000 terminals that UnionPay has rolled out in Shanghai and others elsewhere in China. Customers would also be able to conduct remote payment transactions with the phones. 

NFC Times Take: 

The Chinese NFC market is gearing up for rollouts in 2013, with No. 2 telco Unicom preparing to launch in December 2012 and its larger rival, China Mobile, readying a huge trial scheduled to start in February, followed by a commercial launch later next year. Both telcos plan to put payment and other secure applications onto SIM cards supporting the single-wire protocol. But that is not the only secure element being promoted in China. In fact, China Merchants Bank, Unicom’s launch partner, has already announced an NFC payments service that loads its application onto embedded chips in HTC phones. And UnionPay is also promoting microSD cards for use in NFC phones.

 

* Trusted Service Manager: Defined loosely to include companies or other organizations securely distributing, provisioning and managing applications, generally over the air, on secure elements in NFC mobile phones; or licensing their platforms for this purpose.
 
N/A: Not available or not applicable.
 
Last update: Nov. 2012
 

HEADLINE NEWS

Giesecke & Devrient Reports Falling Sales, Lower Profits for 2013

Germany-based Giesecke & Devrient was no doubt glad to close the books on 2013, a year in which it saw substantial job cuts and changes in management and–as it reported Wednesday–lower sales and profitability.

Inside Secure Acquires Security Vendor Metaforic with Eye Toward Host-Card Emulation Market

France-based Inside Secure has acquired encryption and software security company Metaforic in a cash deal worth at least $11.6 million, which Inside Secure says will help equip it to offer security services for host-card emulation-based mobile payments.

Financial Review: Publicly Traded NFC Vendors Show Mixed Results for 2013

NFC Times Exclusive: All publicly traded vendors across the NFC ecosystem have filed their year-end earnings reports, and the results show a mixed bag of promising sales for contactless and EMV technology, continued restructuring and expected challenges ahead with the advent of host-card emulation.

China Telecom Chooses NFC SIM Vendors for Large Planned Procurement

Apr 18 2014 (All day)

China’s No. 3 mobile operator, China Telecom, has selected a list of six SIM vendors for its large planned rollout of NFC services.

Intel Buys Inside Secure’s NFC Modem Technology; Expands License of Inside's NFC Patents

Apr 2 2014 (All day)

Inside Secure is selling its next generation NFC controller technology to chip maker Intel, as well as an expanded license, for $19.2 million, though will keep most of its NFC patents and embedded chip technology.

Big French Bank Announces Nationwide Rollout of NFC-Payments Service on SIMs

Apr 4 2014 (All day)

BNP Paribas, one of France’s largest banks, today announced its long-anticipated nationwide rollout of NFC payments, making Visa-branded debit cards available to customers on SIM cards issued by France’s two largest mobile operators and a couple of smaller brands.

OTI Lowers Losses as It Continues Turnaround Efforts but Offers No Time Frame for Turning a Profit

In the first full year since a takeover ousted former CEO and co-founder Oded Bashan, Israel-based NFC and contactless company On Track Innovations showed some progress in its efforts to turn around the chronically unprofitable company, in part by focusing on sales of contactless point-of-sale terminals.

Australia’s Westpac to Launch First Project with Visa on Samsung Embedded Chips; HCE Gears Up in Market

A second of Australia’s big four banks, Westpac Banking Corp., said it will finally be ready to launch its long-planned NFC contactless payments service with Visa using embedded chips in Samsung phones by the end of April, the bank told NFC Times.

NFC SIM Volumes Projected to Show Moderate Growth in 2014, Though Impact of HCE Remains Unknown

NFC Times Exclusive: Mobile network operators will take delivery of at least two-thirds more NFC SIMs this year than in 2013, predicts operator trade association, the GSMA, though the impact of host-card emulation remains to be seen.

Identive Narrows Losses; Reports More Restructuring

U.S.-based Identive reported significant restructuring and job cuts in the fourth quarter, along with increased sales for NFC and other RFID tags–but still no profit.

NFC Forum Issues Statement Supporting HCE as Means to 'Accelerate' Market Growth

The NFC Forum has issued a statement of support for host-card emulation at its all-member meeting this week in San Francisco, calling HCE a “promising addition to the portfolio of NFC solutions that could potentially accelerate market growth.”

Tenders Due for TSM Platform Planned by Taiwanese Banking Joint Venture

NFC Times Exclusive: Tenders are due tomorrow from vendors in response to a request for proposal for Taiwan’s second planned centralized trusted service management platform–this one from Taiwanese banking groups, which formed a mobile-payments joint venture late last month.