Topic “China Telecom”

UnionPay Continues Talks with Apple; China Mobile Maintains Support for NFC SIMs

NFC Times Exclusive – SHANGHAI, China: China UnionPay is continuing negotiations with Apple and some sources told NFC Times it is gearing up for a planned launch of Apple Pay in China.

China UnionPay Strikes Deal with ZTE to Use Embedded Chips for Payments

Payment network China UnionPay and China-based handset maker ZTE have disclosed an agreement to enable contactless payment on embedded chips in two of ZTE’s latest high-end Android phones.

Chinese Internet Payments Provider Alipay Taps NFC Phones to Offer Transit Ticketing

Chinese Internet payments heavyweight Alipay is launching a service enabling riders to tap to pay for bus and metro fares with NFC-enabled smartphones.

Gemalto Announces China Telecom NFC SIM Deal; Releases Few Details of Contract

France-based Gemalto today announced that it is one of the suppliers for China Telecom’s “massive” rollout of NFC SIMs, though it did not offer any details on price or quantities of cards it will ship.

NFC SIM Prices Hit Record Lows in China as Telcos Prepare to Order Millions of Cards for Rollouts

NFC Times Exclusive: Chinese mobile operators China Mobile and China Telecom have begun ordering what is expected to be tens of millions of low-cost NFC SIM cards this year, as they prepare to expand their NFC rollouts, while China Mobile is also planning to pay device makers to put NFC technology in their phones, sources told NFC Times.

SIMalliance Keeps an Eye on HCE, as It Reports NFC SIM Shipment Growth in 2013

SIM vendor association SIMalliance offered more details about its members’ overall NFC SIM shipments in 2013, and despite the emergence of such alternatives as host-card emulation, the group contends that “significant increases in NFC (SIM) shipments look set to continue globally.”

China Telecom Chooses NFC SIM Vendors for Large Planned Procurement

Apr 18 2014

China’s No. 3 mobile operator, China Telecom, has selected a list of six SIM vendors for its large planned rollout of NFC services.

China UnionPay Signs up 30 Banks to Use TSM Platform; Works with NFC SIMs and Embedded Chips

China UnionPay has announced that 15 banks now have access to its TSM platform, while a total of 30 banks have signed a cooperation agreement to eventually use the platform.

China: China Telecom Launches SIM-Based NFC Nationwide

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

China’s third largest mobile operator, China Telecom, has launched

China Telecom to Roll Out SIM-based NFC; Merchants Bank Announces Launch of Payment on Samsung Embedded Chips

China’s NFC market continues to gather steam, with No. 3 telco, China Telecom, announcing a nationwide launch Thursday and one of China’s largest commercial financial institutions, China Merchants Bank, introducing mobile payment on embedded chips in three Samsung NFC devices.  

HEADLINE NEWS

Developer of Visa Transit SAM Says Technology Could Help Turn Closed-Loop Ticketing System into EMV Payments Service

Mar 14 2019

NFC TIMES Exclusive – The developer of Visa’s new transit secure-access module, or SAM, said the technology could potentially help turn even a low-end, closed-loop transit-ticketing system, such as Mifare Classic, into an EMV-enabled payments system–although that could still require transit operators to install new acceptance terminals, and they would still need to set up a back-end system to support it.

Swedish Watchmaker Latest Passive Wearables Maker with Plans to Enable Payments

NFC TIMES Exclusive Insight – Small Swedish analog watchmaker TRIWA next week plans to launch payments wearables enabled for tokenized Mastercard-branded cards issued by Swedish banking group SEB, with provisioning company Fidesmo telling NFC Times there will be more watch brands to come enabling payments.

Analysis: Apple’s Planned Credit Card with Goldman Sachs Unlikely to Significantly Boost Apple Pay

NFC TIMES Exclusive Insight – While Apple’s deal with Goldman Sachs to jointly roll out a new credit card this year integrated with Apple Pay and Apple’s devices made headlines Thursday, it was neither the first news of this partnership nor the first deal of its kind for Apple.

Sony Launches Smart Strap in Europe Supporting NFC Payments; High-End Device Costs as Much as Latest Apple Watch

Feb 16 2019

NFC TIMES Exclusive Insight – Sony has introduced its NFC-enabled smart watch strap, Wena, to the UK and Ireland, which will allow users to turn their analog watches into hybrid smartwatches and tap the straps to pay with tokenized EMV-compliant cards loaded into the devices from wallet apps.

Open-Loop Payments to Launch on London’s Airport Train Service with Calls for Further Expansion

Feb 15 2019

NFC TIMES Exclusive Insight – ­The Heathrow Express airport line serving London will begin accepting contactless open-loop payments along with closed-loop Oyster cards next week–more than six years after commuters first could pay by tapping their bank cards and NFC phones to ride on buses on the separate Transport for London system.

In-Depth: More U.S. Issuers to Join Contactless Card Rollout; Adoption Expected to Surpass NFC Wallets

NFC TIMES Exclusive Insight – There is more evidence that U.S. banks will be moving a substantial portion of their card base to contactless over the next few years, as they reissue their basic EMV cards with a contactless interface, giving American consumers more opportunities to tap to pay than ever before.

USA Technologies Feels Wrath of Investors After Admitting Financial Irregularities and Audit Firm Quits

NFC TIMES Exclusive Insight – USA Technologies, or USAT, which has been the largest enabler of card and contactless payments on vending machines in the U.S., saw half its market cap wiped yesterday, after its independent audit firm, RSM US, resigned, saying it could no longer rely on USAT’s representations in connection with the 2017 audit of the company.

In-Depth: Payments Wearables Market Enters New Phase as Passive Devices Get Tokenized Bank Cards

Feb 22 2019

NFC TIMES Exclusive – With the announcement this month by large analog watchmaker Swatch of the expansion of its digital payments service SwatchPAY! to Europe, the payments wearables market could see a considerable change.

Provisioning Tokens to Swatch Watches in the Store: How SwatchPAY! Works

NFC TIMES Exclusive – Switzerland-based watchmaker Swatch plans to roll out its SwatchPAY! contactless payments service to a number of European countries and then perhaps globally, representing budding competition to Apple Pay, Fitbit Pay and Garmin Pay. But unlike these three smartwatch-enabled Pays services and others, SwatchPAY! uses low-cost analog watches as its payments devices.

Cook Discloses Apple Pay Transactions Showing That Growth Continues, Albeit Somewhat More Slowly Than Before

NFC TIMES Exclusive Insight – Apple Tuesday reported that its digital payments service recorded more than 1.8 billion transactions globally in the tech giant’s fiscal first quarter ending in December, more than double compared with the same quarter a year earlier–though transaction growth is slowing and transactions still represent a small percentage of total card transactions.

Garmin Pay Welcomes Support from Third U.S. Network but More Competition on Horizon

NFC TIMES Exclusive Insight – Garmin Pay added a third network to its smartwatch payments service in the U.S. this week, enabling Discover Financial Services-branded cards to be loaded onto its NFC-enabled devices, as more acceptance points for NFC payments in the U.S. come online to give consumers additional places to tap to pay.

Another Major Holdout Among Major U.S. Merchants, Target, Agrees to Accept Contactless and NFC Payments

NFC Times Exclusive Insight – Acceptance of contactless and NFC payments in the U.S. has lagged behind many other developed markets for years, but that continues to change, with another major merchant–big box retailer and top 10 U.S. chain Target­–announcing Tuesday that it would soon take tap and pay.