Topic “Apple Pay”

ANZ Launches with Apple Pay, as Apple Picks Off One of Big Four Australian Banks

NFC Times Exclusive Insight – ANZ is the first bank in Australia to launch with Apple Pay, with Apple able to crack into the big four banks, which had been balking at signing up for the payments service mainly because of Apple’s demands for transaction fees.

Xiaomi Announces Plans to Join Crowded ‘Pays’ Club, but Offers Few Details on Launch, Issuers

Apr 27 2016

NFC Times Exclusive Insight – Chinese smartphone maker Xiaomi is the latest OEM to announce plans to join the “Pays” club, working with payments network China UnionPay to launch an NFC-enabled mobile payments service in China, although giving no details on a launch date or participating banks.

Three Major Singaporean Banks Agree to Support Apple Pay; Samsung Follows

Apr 20 2016

NFC Times Exclusive Insight – Three of Singapore’s largest banks will soon launch mobile payments with Apple Pay, Apple disclosed Tuesday, as it launched Apple Pay in its sixth country.

Chinese Banks Confirm Apple Pay Launch Set for This Week

NFC Times Exclusive – Some major Chinese banks are telling their customers that Apple Pay will launch on Thursday in China, which will become Apple’s biggest market for its payments service after the U.S.

Top 10 Misses for NFC in 2015: SIM-Based NFC Falls Further; Apple Pay Expansion Comes Up Short

Jan 13 2016

NFC Times Exclusive – While 2015 was arguably the year that saw the most important rollouts yet of NFC technology, led by Apple Pay, 2015, like past years, was mar

Apple and Samsung Announce Plans for Mobile Payments Launches in China

NFC Times Exclusive Insight – Apple has announced overdue plans to launch Apple Pay in China early next year, touting a list of 15 major banks that will enable customers to load their credit and debit cards in its Wallet app, including China’s big four state-owned banks. Meanwhile, Samsung followed with an announcement of its planned launch of Samsung Pay in China, which was also expected.

Users Get Unauthorized Preview of Apple Pay in China as Service Moves Closer to Likely Launch

NFC Times Exclusive – There’s more evidence that Apple is gearing up to launch Apple Pay in China early next year, and not only with China’s big four state-run banks, as was earlier reported.

Deal with AmEx Highlights Continued Problems Frustrating Apple as It Seeks to Expand Apple Pay

NFC Times Exclusive Insight – Apple’s announcement of its expansion of Apple Pay to five more markets, including Australia and Canada this year, with only one major issuer– American Express–underscores the problems the tech giant is having in signing up banks for the overseas expansion of its mobile-payments service.

Researcher: Apple Bungled Apple Pay Launch from Merchant Acceptance Standpoint

Oct 22 2015

NFC Times Exclusive –  Apple mishandled its rollout of Apple Pay from the standpoint of merchant acceptance, according to a principal with the payments service practice of research firm Phoenix Marketing International, who said a significant percentage of consumers have told the firm they are having trouble finding places to tap their iPhones to pay, along with experiencing other “checkout issues.”

Apple Moves Closer to Apple Pay Launch in China, Though No Date Yet Revealed

NFC Times Exclusive Insight –  Apple has been quietly taking more steps toward a launch of Apple Pay in China, registering a local company in Shanghai and hiring at least two top former Visa China staffers, including the former country manager.

HEADLINE NEWS

Fitbit Unveils First Non-Smartwatch Supporting NFC Payments Service, but Progress of Device Rollout Slow

NFC TIMES Exclusive Insight ­– U.S.-based wearables maker Fitbit in October plans to release its first non-smartwatch supporting its payments service, Fitbit Pay, with the recent unveiling of its new health and fitness tracker Charge 3–but as with its Versa smartwatch, released in April, the NFC payments feature will only be available on a “special edition” version of the tracker in the U.S. and likely in some other markets.

Analysis: Three Years In, Samsung Pay Transaction Figures Are Still Nothing to Boast About

NFC TIMES Exclusive Insight – ­Three years after its launch in South Korea, consumer take-up of Samsung Pay remains lackluster, despite the company’s efforts to hype up its newly released figures.

Dominant NFC Chip Supplier Seeks to Move Up Value Chain by Providing More Services

NFC TIMES Exclusive – NXP Semiconductors, the dominant supplier of NFC chips and secure elements for smartphones and wearables, is seeking to push further up the value chain, offering such services as a white-label wallet platform and provisioning of bank and transit payments applications.

More Cities Plan to Launch Transit Ticketing in Google Pay Wallet

NFC TIMES Exclusive – Some major cities plan to enable their transit fare payments in the Google Pay wallet, using NXP’s Mifare 2GO provisioning service, NXP Semiconductors confirmed to NFC Times, adding that the implementations could put the fare-payments applications on secure elements.

Vancouver Transit Authority Plans to Run Open-Loop and Closed-Loop Fare Collection Side by Side

Aug 13 2018

NFC TIMES Exclusive – Vancouver-area transit authority TransLink is seeing modest consumer take-up for its new open-loop contactless fare payments service and around 6% of the contactless EMV credit transactions are from NFC mobile wallets so far, NFC Times has learned.

Mastercard Backs Open-Loop Transit Payments in Taiwan’s No. 2 City

NFC TIMES Exclusive Insight – Kaohsiung, Taiwan’s second-largest city, plans to enable riders to enter subway gates by tapping contactless EMV credit cards and NFC wallets by the end of the year, working with Mastercard.

Traditional Watchmaker Fossil Adds NFC Payments, Heart Monitor to Smartwatch Line, as It Seeks to Reverse Earnings Slump

NFC TIMES Exclusive Insight – Struggling U.S.-based watchmaker Fossil has introduced NFC for the first time, in its Q line of smartwatches, hoping the support for Google Pay and other smartwatch applications will help the mainly traditional watchmaker to stay competitive as more consumers turn away from traditional watches.

Analysis: Apple Touts Growth, as It Releases First Global Transaction Figure for Apple Pay; but Service Continues to Face Challenges

NFC TIMES Exclusive Insight – Apple released the number of global transactions for its Apple Pay service–believed to be the first time it has done so–as the tech giant touted a tripling of transactions to more than 1 billion for the latest quarter. Apple also disclosed plans by two more large U.S. retailers to accept contactless payments and announced that another major country, Germany, would support Apple Pay, later this year.

Japan’s SoftBank Group Plans Digital Payments Service; Can It Convince Consumers to Part with Their Cash?

NFC TIMES Exclusive Insight –  SoftBank Group’s reported plans to launch a mobile digital payments service in Japan by year’s end–collaborating with Indian mobile payments provider Paytm–is an attempt by SoftBank Group founder Masayoshi Son to do what other large companies have tried and failed to do: wean Japanese consumers off of cash.

Garmin Unveils New Smartwatch Series Supporting Garmin Pay

NFC TIMES Exclusive Insight – U.S.-based wearables maker Garmin has introduced a fourth smartwatch to its lineup of devices supporting its NFC-enabled payments service, Garmin Pay, the high-end D2 Delta watch series targeted at aviators or aviator wannabes.

Hong Kong Subway Operator and Majority Owner of Octopus Pursues QR Code-Based Transit Payments

NFC TIMES EXCLUSIVE Insight – Hong Kong’s MTR Corp., which runs the city’s subway system, next month will accept tenders from technology and payments providers for a QR code-based fare collection service that will serve as an alternative to its much-used contactless Octopus card.

Open-Loop Payments Connected with Campus ID Cards Not to be Included in Apple Wallet

NFC TIMES Exclusive – NFC-based student ID cards provisioned to Apple Wallet beginning this fall won’t include the open-loop debit payments that are often part of plastic student ID cards, NFC Times has learned.