Topic “China”

China Mobile Gears Up For Major NFC Trial with Wallet, SIMs

China’s largest mobile operator, China Mobile, is gearing up for a major trial of SIM-based NFC services next February, which could extend to several cities and use five or more Android-based NFC phones.

China Mobile Signs Deal with Payment Network UnionPay to Cooperate on Mobile Payment

China’s giant mobile operator, China Mobile, and the country's big domestic payment network, China UnionPay, have signed an agreement to cooperate on mobile payment, including using SIM cards in NFC phones.

UnionPay Moves Forward on NFC microSD launch with Big Chinese Bank, No Telcos

China’s big domestic payment network, China UnionPay, is moving forward with plans to roll out mobile payment on microSD cards in full NFC phones–lining up one of China’s biggest banks and models from at least six handset makers for the initial rollout.

Chinese Social-Networking Site Promotes NFC with Nokia Tie-in

Chinese social-networking site Jiepang has expanded its use of NFC, and has announced a tie-in with Nokia and the handset maker’s new line of affordable NFC-enabled smartphones.

China UnionPay Makes Its M-Payment Move with MicroSD Cards

Aug 19 2011

China’s fast-growing bank card network China UnionPay is making its move this year into mobile payment–and may try to outflank China’s big mobile operators by pushing for microSD cards to carry its application rather than SIM cards or other secure elements in NFC phones.

The Year Ahead for NFC: Telcos Finally Ready to Roll Out, But Alternatives to SIMs Multiply

Jan 9 2014

NFC Times Exclusive: As 2014 unfolds, the NFC ecosystem appears as unsettled as ever, with embedded secure chips expected to compete with NFC SIMs in several markets to store applications, and Google throwing its weight behind an alternative that could eventually enable service providers to avoid secure elements altogether.

China: China Mobile Launches NFC Service in 14 Cities with UnionPay, Nine Banks

Scope: 
Rollout
Status: 
In progress
Launch: 
Jun 2013
Main Application: 
Payment
Users: 
N/A

China’s giant telco China Mobile launched its much-anticipated NFC service in June, with payment applic

Results: 

About 5,000 consumers had downloaded payment applications to the China Mobile wallet in the first two and half weeks after the service launched in June.

China: UnionPay, Banks Enable NFC Payment from microSD Cards

Scope: 
Rollout
Launch: 
Dec 2011
Main Application: 
Payment
Users: 
About 10,000

China’s large domestic payment scheme, China UnionPay, is enabling microSD cards to store

China: No. 3 Mobile Operator Rolls Out SIMs with Flexible Antennas

Scope: 
Rollout
Status: 
In progress
Launch: 
Dec 2009
Main Application: 
Payment, student ID
Users: 
700,000 SIMs with flexible antennas shipped to province

China’s major fixed-line telco and third largest mobile operator is rolling out SIM cards with flexible antennas in Nanjing and other cities in Jiangsu province, as well as some other cities in China.

HEADLINE NEWS

Barclays Embeds Contactless Chips in Bands for Brand-Name Watchmakers, Hoping to Boost Payments Wearables

NFC TIMES Exclusive Insight ­– The first contactless payments wearables resulting from UK-based Barclays partnerships with seven mostly analog watchmakers are beginning to roll out, with more planned–all using the bank’s bPay contactless chips and payments service.

Google Makes Progress Signing up Merchants in India for Tez Payments Service, but Penetration Still Low

NFC TIMES Exclusive – Google has signed up 640,000 small merchants in India to use its mobile payments service, Tez, a Google spokesman told NFC Times.

Vancouver’s TransLink Launches Open-Loop Ticketing, Though Offers Daily Riders Few Incentives to Tap Bank Cards to Pay

NFC TIMES Exclusive Insight – Vancouver is the latest major city to enable riders to tap to pay fares with contactless bank cards, including card credentials loaded into such NFC-enabled mobile payments services as Apple Pay, Google Pay and Samsung Pay.  

Walmart Quietly Ends Trial of App that Would Have Enabled Customers to Avoid Checkout Lanes in Supercenters

NFC TIMES Exclusive Insight – Walmart Inc. has ended a trial of its Mobile Express Scan & Go app in its Walmart stores in the U.S., which had enabled shoppers to scan their items themselves and pay with a stored credit or debit card, then leave the store, after having a greeter scan a bar code in their apps to briefly check the receipt.

Another Large Chinese City Supports QR Code-Based Transit Ticketing

NFC TIMES Exclusive Insight – Another major Chinese city is accepting QR code-based payments for transit fare collection, with riders of the Shenzhen Metro now able to use WeChat Pay to cover the fares.

Deutsche Bank Plans to Expand New Payments Service for Airlines to Other Industries, Though No Rollouts Yet Scheduled

NFC TIMES Exclusive Insight – Germany’s largest bank, which announced plans Monday to pilot a new payments system for airlines that would enable travelers to buy tickets without pulling out their credit or debit cards, is also planning to expand the scheme to other industries, a bank spokesman told NFC Times.

Apple Touts Strong Growth of Apple Pay Globally, though Again Fails to Release Actual Transaction Figures

NFC TIMES Exclusive Insight – Apple said the number of Apple Pay users doubled globally while transactions tripled during the last quarter, but the company did not release many details explaining reasons for the increases and again released no actual figures on Apple Pay usage.

Contactless Payments Continues to Grow for Transport for London, Helped by Fare Capping

NFC TIMES Exclusive Insight – Transport for London this week was again trumpeting its move to open-loop fare collection with contactless credit and debit cards and applications on NFC phones–noting that contactless payments now accounts for half of all pay-as-you-go metro and rail rides in and around the UK’s capital.

Visa and Mastercard Hope New Online Payments Spec Will Accelerate Rollout of Tokens; U.S. Merchant Group Blasts Network Move as Anticompetitive

Apr 26 2018

NFC TIMES Exclusive Insight – Major card networks Visa and Mastercard hope a new technical framework for online transactions they are backing from their jointly owned EMVCo specifications group will help them keep more transactions on their networks, amid growing competition for mobile and other digital payments and lackluster take-up of the networks’ respective online digital wallets, Visa Checkout and Masterpass.

Second Smartwatch Supports Fitbit Pay, but Payments Service Remains Fragmented

NFC TIMES Exclusive Insight – Struggling wearables maker Fitbit on Monday began selling its second smartwatch, the Fitbit Versa, supporting its NFC-enabled Fitbit Pay service, but not all versions of the new device support NFC in the U.S.

WeChat Pay Touts Access by Merchants to Consumer Data, Messaging Channel

Apr 10 2018

NFC TIMES Exclusive Insight – Both Ant Financial and Tencent Holdings have used their hundreds of millions of users, ready access to Chinese bank accounts, billions of yuan in subsidies for merchants and consumers and protected market status in China against Western competitors to build a combined mobile payments business valued in the trillions of U.S. dollars in transactions.