Topic “ING”

Dutch Banks Expand into Payments Wearables, HCE Wallets

NFC TIMES Exclusive Insight – Dutch bank ABN Amro plans to put its Mastercard-branded debit cards onto passive wearable devices, such as rings, bracelets and an analog watch from a major watchmaker, after the devices are in the hands of consumers.

Case Study: ING Bank Customers Opt for No PIN and Very Low-Value Purchases with New HCE App

Jan 19 2016

NFC Times Exclusive – More than two-thirds of users of the ING Bank’s HCE-based mobile payments service in the Netherlands opt for no PIN entry and prefer to tap their phones for very low-value amounts, according to bank, which launched one of the first HCE mobile payments services in Western Europe in late November. 

Possible Fragmentation an Issue as Dutch Banks and Telcos Prepare for NFC, Post ‘Sixpack’

NFC Times Exclusive: Whereas three years ago, major banks and telcos in the Netherlands looked like they would move forward together on NFC mobile payments, with plans to form a first-of-its kind joint venture, the situation today promises to be much different.

Dutch Banks Form Group to Launch Large NFC Payment Pilot

The three major banks in the Netherlands, ING, ABN AMRO and Rabobank, have formed a temporary group to launch a large NFC trial in the Dutch city of Leiden with mobile operator KPN.

Dutch Telcos and Banks Drop Plans for NFC Joint Venture

Jul 20 2012

Dutch mobile operators and banks have decided not to form a joint venture to roll out NFC services together, saying “developments in the market” were responsible for ending the deal that was nearly three years in the making.

Dutch Telcos, Banks Delay NFC Launch Until 2013; T-Mobile Drops Out of Project

Major mobile operators and banks in the Netherlands say they plan to launch their NFC mobile-payment project in early 2013 as they await approval from European regulators for their planned joint venture.

Dutch Telco: NFC JV to Help Defend Against New Players

Dutch operators and banks plan to launch NFC services in the second or third quarter of 2012, probably starting in a small city followed by a nationwide launch weeks later, Peter Van Leeuwen, strategy and business development manager for mobile operator KPN, reportedly said.

Dutch Banks and Telcos Announce Plans for NFC Mobile-Payment JV

Sep 9 2010

The three largest banks and three largest mobile operators in the Netherlands today announced their intention to form a joint venture to launch mobile payment, using full NFC phones.

Possible Fragmentation an Issue as Dutch Banks and Telcos Prepare for NFC Post ‘Sixpack’

NFC Times Exclusive: Whereas three years ago, major banks and telcos in the Netherlands looked like they would move forward together on NFC mobile payments, with plans to form a first-of-its kind joint venture, the situation today promises to be much different.

HEADLINE NEWS

Google Launches First Major Pays Wallet in Germany, but Growth Prospects Appear Dim

Jun 27 2018

NFC TIMES Exclusive Insight – Google Pay launched today in Germany, making Google the first of the major backers of a Pays mobile wallet to launch service in the country. Yet, prospects for Google and any of the other international Pays that decide to launch in Europe’s largest economy are not promising.

UnionPay Pushes Open-Loop Transit Payments, as It Seeks to Stay Competitive with Alipay and WeChat Pay

NFC TIMES Exclusive – China’s major bank card network China UnionPay is badly losing the battle for mobile payments market share against Ant Financial and Tencent Holdings, and now the two Internet giants have turned their attention to enabling mobile transit ticketing across the country.

Taiwan’s EasyCard Gives Stark Example of Problems Some Major Transit and E-Money Payments Providers Face in Enabling Mobile Payments

NFC TIMES Exclusive – HANOI, Vietnam: For several years, EasyCard Corp. of Taiwan has been seeking to enable its popular transit fare collection and retail e-money service for mobile and other digital payments, but it has hit several roadblocks along the way.

Launch of Apple Pay in Japan Boosts User Numbers for Mobile Suica, but Most Transactions Still Use Cards

Jun 9 2018

NFC TIMES Exclusive – HANOI, Vietnam: Since Apple Pay launched in Japan in the fall of 2016, the number of users for the Mobile Suica transit and retail payments application has grown by 50%, although the vast majority of transactions for Suica are still conducted with cards.

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.