Topic “New Zealand”

Apple Pay Finally Signs Up Second Major Bank in New Zealand

NFC TIMES Exclusive Insight – In certain markets, Apple continues to face resistance from major banks, which, among other things, do not want to participate in an Apple-branded wallet. That’s true in Australia and in such major Western European markets as France, Spain and Italy, where only one major bank in each country is supporting Apple Pay.

Mastercard Launches Campaign to Push New Zealand Retailers to Accept Contactless Payments

NFC TIMES Exclusive Insight – Mastercard has launched an initiative to encourage retailers in New Zealand to adopt contactless payments, noting that nearly three-quarters of New Zealanders use contactless.

Analysis: Two NFC Wallets from Telco Joint Ventures to Close as SIM-Based NFC Takes Another Big Hit

NFC Times Exclusive Insight – Telco joint ventures on opposite sides of the globe announced within hours of each other plans to pull the plug on their respective NFC wallets, marking another big hit for the future of SIM-based NFC.

ANZ New Zealand to Launch HCE Service Tomorrow, Supporting Visa Cards

Dec 8 2015

NFC Times Exclusive Insight – ANZ New Zealand has made good on its pledge to commercially launch host card emulation-based payments from its mobile-banking app, goMoney, before the end of this year, planning to begin enabling customers with eligible Android phones to tap to pay starting tomorrow, but only with Visa-branded credit or debit cards, for now.

New Zealand: New Zealand JV Launches SIM-Based Wallet After Delay, Though Must Deal with Bank Interest in HCE

Scope: 
Rollout
Status: 
In progress
Est. Launch: 
March 2015
Main Application: 
Payment
Users: 
N/A

The Semble joint venture, formerly known as TSM NZ, is made up of the countr

New Zealand Joint Venture Launches SIM-Based NFC Wallet Amid Growing Interest in HCE

NFC Times Exclusive Insight – New Zealand joint venture Semble has launched its SIM-based NFC mobile wallet, after delays and the decision by of two of the country’s big four banks to launch mobile payments from their own apps using host-card emulation.

Second Kiwi Bank Snubs SIMs for HCE with ANZ’s Planned NFC Launch; Bell ID Gets Nod as Vendor

Mar 31 2015

NFC Times Exclusive Insight – Another major New Zealand bank has announced plans to launch NFC payments with host-card emulation, snubbing a joint venture set up to launch SIM-based NFC on the island nation.

Westpac NZ Product Chief: HCE Offers Bank More Simplicity, Control

Aug 1 2014

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.

Westpac New Zealand Launches HCE Trial, Snubbing Country's Planned TSM Platform

Westpac New Zealand has announced a small trial of host-card emulation-based payments, with plans to introduce the technology to customers early next year.

Asia-Pacific Banks Gear Up for HCE; Likely Site of Some of the First Issuer-Led Launches

NFC Times Exclusive: Despite the interest in host-card emulation in North America and Europe grabbing the spotlight, there is a good chance that banks and other issuers in Asia-Pacific could generally commercialize the technology first, sources told NFC Times.

HEADLINE NEWS

Developer of Visa Transit SAM Says Technology Could Help Turn Closed-Loop Ticketing System into EMV Payments Service

Mar 14 2019

NFC TIMES Exclusive – The developer of Visa’s new transit secure-access module, or SAM, said the technology could potentially help turn even a low-end, closed-loop transit-ticketing system, such as Mifare Classic, into an EMV-enabled payments system–although that could still require transit operators to install new acceptance terminals, and they would still need to set up a back-end system to support it.

Swedish Watchmaker Latest Passive Wearables Maker with Plans to Enable Payments

NFC TIMES Exclusive Insight – Small Swedish analog watchmaker TRIWA next week plans to launch payments wearables enabled for tokenized Mastercard-branded cards issued by Swedish banking group SEB, with provisioning company Fidesmo telling NFC Times there will be more watch brands to come enabling payments.

Analysis: Apple’s Planned Credit Card with Goldman Sachs Unlikely to Significantly Boost Apple Pay

NFC TIMES Exclusive Insight – While Apple’s deal with Goldman Sachs to jointly roll out a new credit card this year integrated with Apple Pay and Apple’s devices made headlines Thursday, it was neither the first news of this partnership nor the first deal of its kind for Apple.

Sony Launches Smart Strap in Europe Supporting NFC Payments; High-End Device Costs as Much as Latest Apple Watch

Feb 16 2019

NFC TIMES Exclusive Insight – Sony has introduced its NFC-enabled smart watch strap, Wena, to the UK and Ireland, which will allow users to turn their analog watches into hybrid smartwatches and tap the straps to pay with tokenized EMV-compliant cards loaded into the devices from wallet apps.

Open-Loop Payments to Launch on London’s Airport Train Service with Calls for Further Expansion

Feb 15 2019

NFC TIMES Exclusive Insight – ­The Heathrow Express airport line serving London will begin accepting contactless open-loop payments along with closed-loop Oyster cards next week–more than six years after commuters first could pay by tapping their bank cards and NFC phones to ride on buses on the separate Transport for London system.

In-Depth: More U.S. Issuers to Join Contactless Card Rollout; Adoption Expected to Surpass NFC Wallets

NFC TIMES Exclusive Insight – There is more evidence that U.S. banks will be moving a substantial portion of their card base to contactless over the next few years, as they reissue their basic EMV cards with a contactless interface, giving American consumers more opportunities to tap to pay than ever before.

USA Technologies Feels Wrath of Investors After Admitting Financial Irregularities and Audit Firm Quits

NFC TIMES Exclusive Insight – USA Technologies, or USAT, which has been the largest enabler of card and contactless payments on vending machines in the U.S., saw half its market cap wiped yesterday, after its independent audit firm, RSM US, resigned, saying it could no longer rely on USAT’s representations in connection with the 2017 audit of the company.

In-Depth: Payments Wearables Market Enters New Phase as Passive Devices Get Tokenized Bank Cards

Feb 22 2019

NFC TIMES Exclusive – With the announcement this month by large analog watchmaker Swatch of the expansion of its digital payments service SwatchPAY! to Europe, the payments wearables market could see a considerable change.

Provisioning Tokens to Swatch Watches in the Store: How SwatchPAY! Works

NFC TIMES Exclusive – Switzerland-based watchmaker Swatch plans to roll out its SwatchPAY! contactless payments service to a number of European countries and then perhaps globally, representing budding competition to Apple Pay, Fitbit Pay and Garmin Pay. But unlike these three smartwatch-enabled Pays services and others, SwatchPAY! uses low-cost analog watches as its payments devices.

Cook Discloses Apple Pay Transactions Showing That Growth Continues, Albeit Somewhat More Slowly Than Before

NFC TIMES Exclusive Insight – Apple Tuesday reported that its digital payments service recorded more than 1.8 billion transactions globally in the tech giant’s fiscal first quarter ending in December, more than double compared with the same quarter a year earlier–though transaction growth is slowing and transactions still represent a small percentage of total card transactions.

Garmin Pay Welcomes Support from Third U.S. Network but More Competition on Horizon

NFC TIMES Exclusive Insight – Garmin Pay added a third network to its smartwatch payments service in the U.S. this week, enabling Discover Financial Services-branded cards to be loaded onto its NFC-enabled devices, as more acceptance points for NFC payments in the U.S. come online to give consumers additional places to tap to pay.

Another Major Holdout Among Major U.S. Merchants, Target, Agrees to Accept Contactless and NFC Payments

NFC Times Exclusive Insight – Acceptance of contactless and NFC payments in the U.S. has lagged behind many other developed markets for years, but that continues to change, with another major merchant–big box retailer and top 10 U.S. chain Target­–announcing Tuesday that it would soon take tap and pay.