buy metformin online

South Korea: KT Launches NFC Services Commercially, Competitors Follow

SeoulSouth Korea
Scope: 
Rollout
Launch: 
Oct 2010
Main Application: 
Payment, transit (ticketing)
Mobile Operator: 
KT
Mobile Operator: 
SK Telecom
Mobile Operator: 
LG U+
Service Provider (application): 
Korea Smart Card Co. (T-money)
Service Provider (application): 
Shinhan Card (payWave or PayPass)
Service Provider (application): 
Hana Card (payWave or PayPass)
Merchants: 
300,000 terminals (credit payment), 8,000-plus convenience stores and 20,000-plus vending machines (T-money)
Users: 
2 million SIMs distributed by KT alone
NFC Handsets: 
Samsung SHW-A170K
NFC Handsets: 
Samsung Galaxy S II
NFC Handsets: 
Pantech Vega Racer
NFC Handsets: 
Vega No.5
NFC Handsets: 
LG Optimus LTE
NFC Handsets: 
KM-S220 (KT Tech)
TSM*: 
N/A
Secure Element: 
SIM
Other Vendors: 
KEBTechnology (SIM, for KT, LT U+), Solacia, formerly Smart Card Laboratory (SIM), Gemalto (SIM)

KT, which last year merged with KTF, South Korea's No. 2 mobile operator, can lay claim to the first commercial launch of NFC, using standard NFC phones and high-capacity SIMs. These would replace the nonstandard contactless SIM cards the telco and competitor SK Telecom has been using for nearly three years. As with the dual-interface SIMs the telcos used, the new SIMs carry the popular T-money transit application for the capital, Seoul, along with as yet little-used mobile-credit card applications, a membership-loyalty program and mobile-banking services that enable subscribers to make contactless withdrawals from ATMs and to trade stock. The SIMs were also to pack high memory, which could enable subscribers to download premium videos, games and other content. KT also plans to use NFC's reader mode for, among other things, enabling remote merchants to use their phones as mobile point of sales terminals.

NFC Times Take: 

KT had always been more interested in standard NFC than its chief rival, SK Telecom, which pushed hardest to develop the proprietary dual-interface SIM technology Korea's major telcos use for payment, ticketing, loyalty, banking and stock trading. As of November 2011, KT had distributed 2 million NFC-enabled SIM cards and sold more than 1 million NFC phones, mostly the Samsung Galaxy S II. Chief rival SK Telecom, as well as LG U+ later followed with NFC launches. 

 

 

 

* 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. 2011

 

 

HEADLINE NEWS

TI’s NFC Sensor Transponder Latest Product to Target Wearables, IoT Markets

U.S-based Texas Instruments said it expects to see prototype launches of devices using its recently launched NFC sensor transponder in the first quarter of 2015, as the U.S.-based chip maker seeks a larger stake in the promising markets for wearables, Internet of Things and industrial applications that sometimes require an NFC interface.

NFC SIMs in Short Supply for Chunghwa Telecom's NFC Rollout

NFC Times Exclusive – TAIPEI, Taiwan – Gemalto announced this week that it is providing NFC SIM cards for Chunghwa Telecom’s commercial launch of NFC services, but availability of the SIMs to the telco’s subscribers are extremely limited and none of the telco’s shops or service centers currently have the cards, NFC Times has learned.

People on the Move: Awad Returns to Broadcom’s NFC Program as Chip Maker’s NFC Business Lags Behind Chief Rivals

Dec 4 2014

NFC Times Exclusive – Mohamed Awad, who formerly headed Broadcom’s NFC business, has returned to oversee the program, among other duties, as Broadcom looks to reinvigorate a progra

NFC Telco Pioneer Turkcell Pulls Back on Support for Technology

NFC Times Exclusive – Turkey’s largest mobile operator, Turkcell, one of the first telcos globally to launch NFC service commercially, has pulled back from the technology, having seen too little take-up for NFC retail payments, NFC Times has learned.

Gemalto Seeks to Reposition TSM Offer as ‘Hub,’ as It Tries to Counter Threats to Its NFC Business; but is It Really a Hub?

Dec 1 2014

NFC Times Exclusive – With the role of the TSM coming under increasing pressure for being too complex and costly, Gemalto, the world’s largest TSM, is seeking to reposition its TSM offer–promoting it as being part of a large “trusted services hub,” as the France-based vendor tries to convince more banks to provision their credit and debit cards on NFC SIMs.

NXP Seeks to Open Up Access to Embedded Chips in Android Phones

Nov 20 2014

With interest growing again in embedded secure elements in NFC phones to store applications, thanks to Apple Pay, NXP Semiconductors is trying to drive demand for its embedded chips in Android phones by making it easier for service providers to load their applications on the silicon.

Orange NFC Chief: We Want to Talk to Apple about Putting Orange Cash on iPhone

NFC Times Exclusive: The head of mobile payments for France-based mobile operator Orange Group said he wants to talk to Apple about enabling the telco’s co-branded payment application, Orange Cash, on the Apple Pay platform. 

Visa, MasterCard: Secure In-App Payments with Apple Pay a ‘Game Changer,’ but Card-Not-Present Rates Remain

NFC Times Exclusive: While the thought of more consumers tapping their phones to pay in stores is attracting the most attention with the launch of Apple Pay, it’s the prospect of users paying for purchases in mobile apps with Apple Pay that could be the real breakthrough, say representatives of Visa and MasterCard Worldwide. 

OTI Reduces Growth Estimate and Pushes Back Positive EBITDA Prediction

Israeli-based NFC and contactless company On Track Innovations pushed back its prediction for positive adjusted EBITDA back to the third quarter of 2015 and reduced its estimate for 2014 revenue growth to 10%, down from the 30% it had predicted previously, the company reported in its quarterly earnings call.

DeviceFidelity Acquired by mPOS and Reader Component Supplier Kili

Canada-based Kili Technology, which supplies hardware modules, firmware and IP for mobile point of sale, readers and other payment-acceptance devices, has acquired NFC-accessories vendor DeviceFidelity.

Subway Eschews Exclusivity, Supports Multiple Mobile Wallets

NFC Times Exclusive: LAS VEGAS, Nev. – While a number of major U.S. merchants have pledged to only accept one mobile-payments service, that is not the case for giant Subway sandwich chain, which has now introduced at least three major options for its customers to pay with their smartphones.

AmEx and Discover Weigh In On HCE, Tokenization and Acceptance

Las Vegas, Nev. – No single mobile payments provider or platform will dominate the market in the long run, so card networks should adopt a flexible approach, CEOs of two major payment networks, American Express and Discover Financial Services, told attendees at this week’s Money 2020 conference.