NFC Times Exclusive Insight –Telco joint ventures on opposite sides of the globe announced within hours of each other plans to pull the plug on their respective NFC wallets, marking another big hit for the future of SIM-based NFC.
Quebec-based credit union Desjardins says that it expects gradual, or what it calls “progressive,” adoption of the SIM-based NFC mobile payments service, which it launched commercially this week, following an earlier soft launch.
NFC Times Exclusive: With its high rate of smartphone ownership, strong contactless-payment infrastructure and well-developed NFC ecosystem, Canada is increasingly seen as a market to watch for NFC commercial deployments.
Canada’s TD Canada Trust today announced the launch of its NFC-enabled TD Mobile Payment service, a Visa-branded credit application, which will be available on NFC SIM cards issued by all three of Canada’s major mobile operators.
NFC Times Exclusive: RBC Secure Cloud Explained: As one of the first commercial launches of cloud-based open-loop payments using NFC, observers will be watching closely how well Royal Bank of Canada’s RBC Secure Cloud service does in the market.
Canada’s fifth largest credit card issuer, Desjardins Group, plans to launch NFC mobile payments in 2014, and has become the first issuer to sign up with mobile operator joint venture EnStream in hopes of reaching subscribers from multiple telcos in the country.
Canada’s largest mobile operator, Rogers Communications, and one of the country’s largest card issuers, Canadian Imperial Bank of Commerce, will launch an NFC-based mobile-payment service Nov. 16, with plans to expand the service early next year.
NFC Times Exclusive – U.S.-based Citigroup plans to soon launch its own NFC-based mobile payments service, Citi Pay, in the U.S. and Asia, in part using technology from Mastercard, NFC Times has learned.
NFC Times Exclusive – As Apple moves closer to launching Apple Pay in Japan, the FeliCa-based service is opening up business opportunities for third-party technology suppliers, unlike most other countries where Apple Pay has launched.
NFC Times Exclusive Insight –Following the initial soft launch of its NFC payments service in its home base, Sweden-based Seamless Distribution, the parent company of the SEQR wallet, is enabling HCE for all European users as it seeks global acceptance of its proprietary mobile payments service.
Exclusive NFC Times Insight – Less than a week after Samsung switched on its mobile payments service in Russia, Apple has launched Apple Pay in the country, continuing the international expansion of its NFC payments service to a 10th market.
NFC Times Exclusive Insight – If a planned acquisition by Qualcomm of NXP Semiconductors, as reported, were to go through, it would not affect supplies of NFC chips to smartphone makers using other processor chips, said an expert.
UPDATED: NFC Times Excusive Insight – Samsung Pay is expected to launch in Russia tomorrow, beating Apple to the market, which disclosed earlier this month that it plans a Russian launch of Apple Pay before the end of the year.
NFC Times Exclusive –In the first cases of its kind to come to light, two of Taiwan’s largest telcos are planning to support host card emulation in their wallets, as they seek to overcome problems with their joint TSM and to prepare for the coming of OEM Pay to Taiwan, expected in the first quarter of next year, NFC Times has learned.
NFC Times Exclusive –With the expected arrival of such OEM Pay services as Apple Pay and Samsung Pay as early as the first quarter of next year, Taiwan’s major telcos are gearing up to keep their own mobile wallets competitive.
NFC Times Exclusive – Czech banks are looking to capitalize on a growing contactless point-of-sale infrastructure in the country, with two of the five largest banks there having already launched HCE-based mobile payments and the others looking to join the market, NFC Times has learned.
NFC Times Exclusive – The planned launch of NFC transit ticketing in Japan next month with Apple Pay shined the spotlight on the emergence of closed-loop NFC transit ticketing–which has been seen as a prime application for NFC phones but one that has disappointed NFC backers for years.
NFC Times Exclusive Insight – Agreements that were announced with Visa, Discover and, last week, Mastercard may finally help PayPal reverse years of failed attempts to enable customers to pay with its PayPal Wallet in stores.
NFC Times Exclusive Insight –Apple Wednesday confirmed that its new iPhone 7 smartphones and second-generation Apple Watch will support Sony’s proprietary FeliCa technology in Japan, as earlier reported, enabling transit and retail payments when Apple Pay launches in Japan next month. The tech giant will also expand Apple Pay into New Zealand and Russia this year, though was able to announce only one issuer so far between the two countries.