Topic “Germany”

Wirecard Sees Insuring In-Store Purchases as ‘Innovative’ Feature for Boon Payments App, but Will It Help App Stand Out in the Crowd?

Dec 19 2016

NFC Times Exclusive Insight – Germany-based white-label payments software and prepaid payments services provider Wirecard hopes to make its mobile payments app boon more attractive to German users by giving them the option of insuring their in-store purchases.

Germany: No. 3 Telco Launches Wallet and Payments Application, Following Rivals

Scope: 
Rollout
Status: 
In progress
Launch: 
Jul 2014
Main Application: 
Payment
Users: 
N/A

Germany’s No.

E-Plus Joins Other German Telcos in Launching NFC Wallet and Prepaid Payments Service

Germany’s third largest mobile operator, E-Plus, has launched NFC payments with a prepaid wallet card, joining other German telcos, which have also launched prepaid payments applications on their SIM cards.

Updated: Deutsche Telekom Launches Long-Awaited NFC-Payments Service

May 7 2014

Germany’s Deutsche Telekom today launched its much-anticipated–and also much-delayed–NFC-mobile wallet, which features its own branded prepaid mobile-payments application that will anchor a promised mobile-commerce platform.

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

Jan 7 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.

Telefónica Germany to Introduce NFC Payments Next Month, But Begins with Test

Telefónica (O2) Germany has announced it will launch its NFC-enabled O2 Wallet in mid-February, beginning as a “friendly user test” on two Android smartphones that will enable users to tap to make purchases with the telco’s own payments service, mpass.

German Telco to Roll Out PayPass Stickers; Drops Plan for New POS Acceptance Brand

Telefónica Germany has announced it is moving forward with its planned expansion of the telco-owned e-commerce payment scheme mpass to the physical point of sale, but has apparently dropped plans to introduce its own brand.

Deutsche Telekom Plans Move into Payments Market with NFC Phones and PayPass

Deutsche Telekom intends to make its move into the payments market at the physical point of sale in direct competition with banks, with an NFC payments commercial launch planned in Poland this year, before later expanding to Germany and other European countries.

MasterCard and Deutsche Telekom to Partner on NFC Payments

Jul 2 2012

MasterCard Worldwide and Germany-based Deutsche Telekom group have signed a partnership agreement that will help the telco launch a prepaid PayPass application for its planned NFC mobile wallet, NFC Times has learned.

Doubts Raised for Proposed NFC JVs in Europe as Regulators Probe UK’s Project Oscar

Apr 17 2012

A decision by the European Commission to launch an in-depth investigation into the proposed NFC m-commerce joint venture by the United Kingdom’s three largest mobile operators could create delays in NFC rollouts in the UK and problems in other European countries, where telcos are planning similar joint ventures.

HEADLINE NEWS

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.

Regulations Take Effect in China to Limit Risk of Static QR Codes Used by Alipay, WeChat Pay and Others

Apr 4 2018

NFC TIMES Exclusive Insight – Daily limits on QR code- and bar code-based transactions in China have taken effect–mainly hitting Ant Financial and its rival Tencent Holdings­, providers of respective digital payments services Alipay and WeChat Pay.  

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.