Topic “KT”

Facing Threats, Telcos and Other Players Seek to Cut Cost and Complexity of NFC

NFC ecosystem players are moving to simplify the costly and complex process for putting payment applications on secure elements, as they face mounting frustration at the pace of rollouts–and growing threats from such alternatives as host-card emulation.

Samsung Confirms NFC Chip in Galaxy Note, though NFC Version Already Shipping in Korea

May 16 2012

Samsung Electronics has confirmed it has an NFC version of its Galaxy Note, though that comes as no surprise to operators in South Korea, which have been selling the tablet-smartphone hybrid with NFC inside for about two months.

South Korea Takes Lead Globally in NFC Rollouts with Millions of Phones and SIMs

By: 
Dan Balaban

While mobile operators in most other countries are still struggling to roll out even scant volumes of NFC phones that can do payment, ticketing and other applications, South Korea’s telcos have already crossed the 5 million-phone mark–including NFC versions of such high-profile devices as the Samsung Galaxy S II and Galaxy Note.

The Year Ahead for NFC: Major M-Commerce Rollouts Unlikely Until 2013

By: 
Dan Balaban

2012 was going to be the year that the new era of NFC-based mobile commerce had finally arrived–with Google Wallet rolling out widely, mobile operators in the U.S. and Europe making significant inroads with their own mobile wallets and big Asian m-commerce players generally commercializing NFC, as well.

South Korea: KT Complements NFC Rollout with iPhone Add-ons

Scope: 
Rollout
Status: 
In progress
Launch: 
Sep 2011
Main Application: 
Payment
Users: 
25,000-plus (projected)

KT, South Korea’s second largest mobile operator, is distributing NFC-enabled iPhone attachments nationwide, p

Korean Telco to Roll Out NFC Attachment for iPhone

South Korean mobile operator KT Corp. is launching a small rollout of NFC services on Apple’s iPhone 4, using an attachment called iCarte that contains a full NFC chip.

South Korea: SK Telecom Holds Small Flex-Antenna NFC Trial

Scope: 
Trial
Status: 
Completed
Launch: 
Oct 2010
Main Application: 
Service discovery
Users: 
100

SK Telecom launched the small NFC trial using a bridge technology–a flexible antenna connected to a SIM overlay chip, enabling users to tap their Samsung Galaxy A Android smartphones on NFC tags embed

Korean Telco Plans Commercial NFC Launch with Samsung Phones

SINGAPORE – South Korean mobile operator KT Corp. plans to launch NFC services in mid-October with more than 50,000 Samsung phones and intends to add an NFC smartphone model from LG Electronics in March supporting the Android operating system, KT’s Eun-Seok Kim disclosed today.

Facing Threats, Telcos and Other Players Seek to Cut Cost and Complexity of NFC

NFC Times Exclusive: NFC ecosystem players are moving to simplify the costly and complex process for putting payment applications on secure elements, as they face mounting frustration at the pace of rollouts–and growing threats from such alternatives as host-card emulation.

HEADLINE NEWS

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.

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.