Topic “China UnionPay”

TSM Hubs and Aggregators–Can They Help Banks Roll Out NFC?

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.

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 Merchants Bank Launches Payment on Samsung Embedded Chips

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

China Merchants Bank, one of China’s largest commercial banks, enables customers to download its CMB mobile wallet on three Samsung NFC devices and recharge the payment application stored on the embed

Popular Chinese Smartphone Maker Incorporates Embedded Secure Element

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.

China Mobile to Miss NFC Handset and User Goals This Year; Plans Measures to Accelerate Rollout

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.

China UnionPay Introduces Mobile Wallet, Though Not Yet Supporting NFC

Chinese payment card network China UnionPay has launched its own mobile wallet for Android phones and the iPhone, enabling users to add their payment cards and loyalty cards, coupons and eventually e-tickets.

China Unicom and Merchants Bank Announce Plans for NFC Payments Launch

Dec 3 2012

China’s No. 2 mobile operator China Unicom, along with China Merchants Bank, today announced plans to launch an NFC payments service next month in Shanghai.

China Mobile Plans Commercial NFC Launch in 2013

China Mobile reportedly plans to sell 10 million 3G NFC phones next year and to sign up 3 million users, according to a presentation by the telco’s vice general manager for e-commerce Wednesday at the NFC & Mobile Money Summit.

Chinese Bank Launches NFC Payment on Embedded Secure Element in HTC Phones

Handset maker HTC and China Merchants Bank have officially announced the launch of a mobile-payment service that puts a contactless payment application on an embedded secure chip in HTC Android phones.

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.

HEADLINE NEWS

Apple to Enable Campus ID Cards in Wallet but Doesn’t Announce Opening of NFC Chip

NFC TIMES Exclusive Insight – Apple will enable colleges and universities to add NFC-based student ID cards to its Wallet with OS upgrades to its Apple Watch and iPhone, the tech giant announced Monday on the opening day of its Worldwide Developers Conference.

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.