Topic “Cubic Transportation Systems”

Visa Launches Program to Promote Contactless Transit Payments

NFC TIMES Exclusive Insight – Visa has formed a unit to promote use of Visa-branded contactless cards and accounts on NFC phones and other devices, seeing an opportunity to expand on the success of open-loop fare collection in London and plans for the move by transit authorities in a growing number of cities, including New York, to accept contactless credit, debit and prepaid bank cards for fares.

U.S. Transit Agencies Face Tough Road to Open-Loop Fare Collection as Banks Shun Contactless EMV

NFC Times Exclusive – While big city U.S. transit agencies in New York, Philadelphia and Washington, D.C. continue to move toward launching open-loop fare collection, following Chicago, London and St. Petersburg, Russia, to the market, there will be few contactless credit or debit cards rolled out in the U.S. for their customers to tap at turnstiles or onboard buses anytime soon.

AT&T Gears Up to Enable Nonpayment NFC Services, Apart from Isis

AUSTIN, Texas – U.S. mobile carrier AT&T plans to enable nonpayment NFC services, which could run alongside payment applications on its NFC SIMs, but would not be part of the Isis Wallet.

Transport for London Prepares to Accept Contactless EMV Cards on Tube; Warms to Mobile NFC

Transport for London has launched a key user trial as it gears up to accept fares on the London Underground and its other modes of transport from contactless EMV credit and debit cards, and for the first time is beginning to sound more positive tones about possibly accepting payments from NFC phones.

Chicago, Philly Move Forward on Open Loop; NFC Could Follow

Chicago is scheduled to become the first major U.S. city to introduce open-loop collection of transit fares, when it launches its Ventra payment system, which project organizers say will begin this summer.

Transport for London Blames Complexities for Missing Olympics Deadline for Open-Loop Payment

Transport for London has confirmed it will miss its deadline for accepting open-loop credit and debit card payments on London buses in time for the start of the Summer Olympics.

Loan Helps Transit Agency in Planned Move to Open-Loop Payment

Feb 8 2011

A planned contactless fare-collection system for the Southeastern Pennsylvania Transportation Authority, or SEPTA, will be built to last. It had better be, since the transit agency has borrowed at least a $100 million to fund it.

AT&T Gears Up to Enable Nonpayment NFC Services, Apart from Isis

AUSTIN, Texas – U.S. mobile carrier AT&T plans to enable nonpayment NFC services, which could run alongside payment applications on its NFC SIMs, but would not be part of the Isis Wallet. 

Transport for London Prepares to Accept Contactless EMV Cards on Tube; Warms to Mobile NFC

Transport for London has launched a key user trial as it gears up to accept fares on the London Underground and its other modes of transport from contactless EMV credit and debit cards, and for the first time is beginning to sound positive tones about possibly accepting payments from NFC phones.

HEADLINE NEWS

Apple Pay Finally Enables Transit Ticketing in Beijing and Shanghai, but It May be Too Late to Turn Back QR Code-Based Wallets

NFC TIMES Exclusive Insight – After being beaten by rival handset makers Huawei, Xiaomi and even Samsung to the launch of NFC transit ticketing in China, Apple today finally began enabling riders in two major cities, Beijing and Shanghai, to tap to pay fares using closed-loop transit ticketing cards.

China UnionPay Seeks to Bolster Use of Brand for Mobile Payments Overseas; Will It Make a Difference?

NFC TIMES Exclusive Insight – China’s dominant bank card network, UnionPay, which is badly losing its battle for mobile payments market share among Chinese consumers to rivals Ant Financial and Tencent Holdings–both at home and abroad–is taking steps to try to gain some ground.

Japan Begins Overdue Move to Standard NFC Acceptance

NFC TIMES Exclusive Insight – Japan was the first country to roll out contactless-mobile payments–starting in 2004–but it still does not accept standard, internationally interoperable NFC payments to any real extent, unlike most developed markets.

Google Seeks to Sign Up More Merchants for Tez App in India as Competition Heats Up

Mar 21 2018

NFC TIMES Exclusive Insight – SINGAPORE: Google is seeking to sign up more small merchants and encourage more retail payments with its Tez mobile payments service in India, an app now mainly used for peer-to-peer funds transfers.

Apple Pay Could Get More Single-Tap Rewards in Next Few Months but Technology is Not Proving Easy to Roll Out

NFC TIMES Exclusive – Restaurant loyalty platform vendor Punchh could enable its delayed single-tap loyalty and rewards service with Apple Pay in the second quarter of this year at as many as six quick-service and fast-casual restaurant chains, the vendor told NFC Times.

Visa Sees Range of Use Cases for QR Code-Based Payments, as It Seeks to Address Threat from New Payments Players

NFC TIMES Exclusive – Visa, which last summer announced it would introduce QR code-based payments to Taiwan by the end of this year, has recently briefed Taiwanese bankers on the planned architecture, use cases and some other details of the technology, NFC Times has learned.

Russian Telco MegaFon Makes Play in Mobile Payments Market With Virtual Bank Cards

NFC TIMES Exclusive Insight – Russian telco MegaFon began issuing virtual Mastercard-branded bank cards yesterday, which its users can add to Apple Pay or Samsung Pay mobile wallets.

Google Gets Support for Its Underused Smart Tap Technology from POS Terminal Supplier Ingenico

NFC TIMES Exclusive Insight – Google has not yet given up on technology it bought from the now defunct Softcard joint venture more than three years ago to try to boost use of its rebranded NFC mobile wallet, Google Pay, formerly Android Pay.

Analysis: Google Launches Google Pay Rebrand, as It Seeks to Enable Payments Across Multiple Channels and Devices

NFC TIMES Exclusive Insight – Google began rolling out its previously-announced set of Google Pay services Tuesday in what is primarily a rebrand of Android Pay and other Google payments features. The initiative supports Google’s long-held goal of making payments seamless across its various products and access points.

Can Luxury Watchmaker TAG Heuer Sell Swiss Precision Along with NFC Payments? Its Latest Smartwatch Again Supports Android Pay

NFC TIMES Exclusive Insight – While payments wearables, in general, are taking off more slowly than expected, a number of manufacturers are incorporating the feature in their high-end watches and that includes Switzerland-based luxury watchmaker TAG Heuer.

Hong Kong Banking Group JETCO–Former Backer of NFC–Launches QR Code Payments Service

NFC TIMES Exclusive Insight – Hong Kong ATM and interbank group JETCO is the latest provider to launch a QR code-based payments service for in-store transactions in Asia, with payments coming out of the consumers’ bank accounts. But the group has few if any merchants live yet.

Vendor Hopes to ‘Flip’ Bitcoin Holders into Users of Cryptocurrency for Retail Purchases

NFC TIMES Exclusive Insight – While Bitcoin and other cryptocurrencies are mainly seen as assets for speculative investments these days rather than currencies for making payments, U.S.-based provisioning and mobile wallet platform company Fit Pay Thursday released a second announcement about its planned contactless device that would enable holders of Bitcoin to make purchases at brick-and-mortar stores.