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.
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.
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 (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.
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 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 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.
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.
Israel-based On Track Innovations reported new orders for its NFC and contactless readers in North America, along with the first shipments of its NFC-enabled Wave attachment, driving higher revenue, though the vendor’s quarterly losses continued.
U.S.-based Identiv reported higher revenue and narrowed losses for the second quarter, predicting a breakeven or positive result by the end of the year, as the company’s restructuring program draws to a close.
NFC Times Exclusive: Westpac New Zealand’s product chief told NFC Times he believes host-card emulation will reduce costs and increase flexibility, while ensuring the bank can use its own branded wallet.
NFC Times Exclusive: With interest in host-card emulation continuing to grow and SIM-based NFC rollouts in need of a boost, mobile operators and their global trade association, GSMA, are pushing for significant cuts in the cost and complexity of TSMs and lowering other hurdles that have discouraged service providers from provisioning their applications on SIM cards.
U.S.-based Broadcom did not mention NFC in its recent conference call with analysts following release of its second quarter results, in which it announced cuts to its global workforce of 20% by exiting the baseband mobile processor business.
A group of former top managers in Visa’s mobile program have formed a start-up that plans to use NFC and BLE to deliver coupons, rewards and other offers to consumers in stores, using the branded apps of retailers or other marketers.
Transport for London today announced it would launch acceptance for open-loop bank cards and other contactless payment on its heavily traveled London Underground and other modes of transit in September, while the UK’s largest mobile operator, EE, announced customers could begin to tap their NFC phones to pay fares at the same time.
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.