Topic “Cathay United Bank”

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.

Taiwanese Banks to Get Approval from Regulators; Clears Way for Mobile-Payment Launches

Five banks in Taiwan are expected to receive approval from regulators by next month that would allow them to issue mobile credit cards that could be downloaded over the air to SIM cards in NFC phones.

Taiwan: Taiwan’s No. 1 Telco To Trial SIM-based NFC Wallet

Scope: 
Trial
Status: 
Planned
Launch: 
Oct 2012
Main Application: 
Payment
Users: 
About 100

Chunghwa Telecom’s NFC wallet trial will test two payment applications and a Chunghwa T

Taiwan’s Largest Telco to Launch Android M-Payment Trial As Island Gears Up for NFC

Oct 8 2012

Taiwan’s largest mobile operator, Chunghwa Telecom is expected to announce the launch of an NFC wallet pilot Monday, with plans to test two payment applications stored on NFC SIMs and running in a trio of high-end Android phones.

MicroSD Vendor Announces Taiwanese M-Payment Trial Using HTC NFC Phones

Aug 8 2012

Giesecke & Devrient Secure Flash Solutions has announced a trial launched last month in Taiwan by Cathay United Bank of mobile payment applications running on microSD cards in full NFC phones.

Taiwanese Bank to Launch PayPass on microSDs in HTC NFC Phone

Jun 18 2012

Handset maker HTC and Cathay United Bank of Taiwan, among other parties, are expected to announce plans to launch an NFC mobile-payment project putting a MasterCard PayPass credit application on microSD cards that can run in a full NFC phone model from HTC.

Taiwanese Banks Plan to Launch M-Payment on iPhone and SWP microSD Cards

Three Taiwanese banks are seeking to enable their customers to tap their mobile phones to make purchases with MasterCard PayPass using microSD cards in a full Android NFC phone from HTC, as well as an iPhone attachment with an embedded chip, as part of separate NFC mobile-payment projects.

Asia-Pacific Banks Gear Up for HCE; Likely Site of Some of the First Issuer-Led Launches

NFC Times Exclusive: Despite the interest in host-card emulation in North America and, to some extent, Europe grabbing the spotlight, there is a good chance that banks and other issuers in Asia-Pacific could generally commercialize the technology first, sources told NFC Times.

Taiwan: Bank Tries Out MicroSDs in Full NFC Phones

Scope: 
Trial
Launch: 
Jun 2012
Main Application: 
Payment
Users: 
2,000

Cathay United customers are able to tap their phones to make contactles

Taiwan: Residents Tap Phones With Mobile Door Keys

Scope: 
Trial
Launch: 
Sep 2008
Est. Launch: 
Main Application: 
Access control
Users: 
3,000-6,000

The large trial, scheduled to end in January 2010, distributed two BenQ NFC phones apiece to up to 3,000 families in apartment complexes owned by Farglory Realty.

HEADLINE NEWS

Alipay to Expand Acceptance of Mobile Wallet in Russia

NFC TIMES Exclusive Insight – Alipay is expanding acceptance in another overseas market, Russia, seeking to capture business from Chinese tourists who travel to the country.

Apple Discloses Plans for Four More Apple Pay Markets; Confirms Most Transactions Outside of U.S.

NFC TIMES Exclusive Insight – Apple Tuesday disclosed plans to launch its mobile payments service in four more small markets, including three countries in the Nordics, with the tech giant seeing higher usage of Apple Pay outside of the U.S., where NFC-enabled POS terminals are still not widely available.

As Use of Wallets for In-Store Payments Disappoint, P2P Payments to Surpass $120 Billion in 2017

NFC TIMES Exclusive Insight – Research firm eMarketer predicts that mobile peer-to-peer payments in the U.S. will grow by 55% to more than $120 billion in 2017, an amount that is expected to double by 2021.

Mastercard Launches Campaign to Push New Zealand Retailers to Accept Contactless Payments

NFC TIMES Exclusive Insight – Mastercard has launched an initiative to encourage retailers in New Zealand to adopt contactless payments, noting that nearly three-quarters of New Zealanders use contactless.

Banks and PayPal Announce More Deals for In-Store Transactions, But It’s Unclear When NFC-Enabled PayPal Wallet Will Arrive

NFC TIMES Exclusive Insight – Although Bank of America announced that its customers would “soon” be able to use the PayPal Wallet to pay for purchases in stores using NFC, a bank spokeswoman has told NFC Times that the NFC-enabled wallet might not even be available next year.

Experts: Don’t Expect the Amazon Go or Uber Payments Concept to Hit the Retail Chains Anytime Soon

NFC TIMES Exclusive – With the widespread use of Uber and launch of the Amazon Go experiment, some payments industry observers are predicting it might not be too long before invisible payments comes to brick-and-mortar stores.

Swatch Pay One of the First Low-Tech Payments Wearables That Can be Provisioned After the Sale: How It Works

Jul 21 2017

NFC TIMES Exclusive Insight – While such smartwatches as the Apple Watch are routinely provisioned with payments cards after they are in the hands of consumers, that hasn’t been the case for low-tech analog watches. Swatch Pay could change that.

Analysis: Apple Tries to Jump-Start Apple Pay in China with Generous Week-Long Discounts and Offers

NFC TIMES Exclusive Insight – ­Apple, which is losing its battle badly for market share in China’s huge mobile payments market, has launched one week of generous promotions in hopes it can begin to turn the tide.

PayPal Hopes Samsung Deal Will Help It End String of Failures in Tapping Offline Merchants

NFC TIMES Exclusive Insight – PayPal is believed to have cut its deal with Samsung to be part of the Samsung Pay wallet mainly to gain access to the device maker’s MST technology, enabling consumers to pay in stores with their PayPal accounts without having to look for an NFC-enabled POS terminal.

Backers of WeChat Pay and Alipay Continue to Expand Acceptance Outside of China

NFC Times Exclusive Insight – China’s two large mobile payments services, Alipay and WeChat Pay, continue to roll out acceptance in Europe, North America and other parts of Asia, as they follow Chinese tourists to these destinations.

Denmark’s Largest Bank Plans to Expand Reach of Its Growing MobilePay Wallet; Continues to Favor BLE over NFC and QR Codes

NFC TIMES Exclusive –  Danske Bank’s MobilePay service in Denmark is one of the few mobile-wallet success stories globally, though on a small scale. Now the bank is planning to expand to other Nordic countries and seeks to continue to use BLE technology, not NFC, to enable the in-store piece of its mobile payments service.

Despite Launch of Three Major ‘Pays’ in Taiwan, Visa Plans to Also Support QR Code Payments on Island

NFC TIMES Exclusive Insight – Visa says it plans to support QR code-based mobile payments late next year in Taiwan–a market where all three major “Pays” wallets have launched supporting Visa-branded cards with NFC.