Samsung Electronics reportedly says it has an agreement with payment network China UnionPay that would enable embedded chips in more than 3 million of its devices in China with China UnionPay’s contactless-payments service, though no banks have yet been mentioned as issuers.
NXP Semiconductors said sales in its emerging ID business–mainly made up of its NFC chips–increased by 22% in the second quarter, compared with the first quarter, and CEO Richard Clemmer insisted the chip maker’s secure element business would continue to remain a strong contributor.
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 Times Exclusive: The cost and complexity of loading and provisioning applications on secure elements in NFC phones has held back mobile-payments rollouts and added to the growing interest of such alternatives as host-card emulation, Bluetooth low energy, even QR codes, observers agree.
France-based Oberthur Technologies has announced its embedded secure element is included in the newest Android handset, the Mi3, from China’s popular smartphone maker Xiaomi, and predicted the chip will enable NFC mobile payment in China.
New York, NY – China Mobile will miss its goal of rolling out 10 million NFC phones and signing up three million users by the end of 2013, citing problems with handset makers implementing NFC on enough phones, among other issues.
NFC Times Exclusive – Samsung’s NFC payments platform, Samsung Pay, is due to launch in the summer in the U.S. and South Korea. But it’s not the only payments service planned for Samsung’s new flagship smartphone, the Galaxy S6.
NFC Times Exclusive Insight – Australia’s AMP Bank said it chose to launch mobile-payments with host-card emulation over other NFC technologies because of the “wider reach” the technology offers, since it’s “available to all NFC-enabled Android mobile phones running KitKat or later,” the bank’s director digital, Michael Weeding, told NFC Times.
NFC Times Exclusive Insight – New Zealand joint venture Semble has launched its SIM-based NFC mobile wallet, after delays and the decision by of two of the country’s big four banks to launch mobile payments from their own apps using host-card emulation.
NFC Times Exclusive Insight – Another major New Zealand bank has announced plans to launch NFC payments with host-card emulation, snubbing a joint venture set up to launch SIM-based NFC on the island nation.
NFC Times Exclusive Insight – Windows 10 for phones, set to be released later this year, will support host card emulation, or HCE, based NFC payments, Microsoft revealed at a recent Windows event in China.
NFC Times Exclusive Insight –Germany-based Giesecke & Devrient confirmed it is providing the host-card emulation technology for Commonwealth Bank’s commercial HCE launch this month of Tap & Pay from the bank’s Android-based mobile-banking app.
Identiv CEO Jason Hart sounded optimistic tones about the company’s NFC tag business, particularly in “Internet of Things” applications or tags for consumer goods, during a conference call last week to discuss Identiv’s fourth quarter and full year 2014 earnings, but investors responded with less optimism.
NFC Times Exclusive Insight – France-based Gemalto, which is keen to take the spotlight off its SIM business, projects EMV cards to represent perhaps the largest expected source of revenue growth in the coming year.