Topic “nokia”

India: Citi Goes For Scale With Bangalore Trial

Scope: 
Trial
Status: 
Completed
Launch: 
Jun 2009
Main Application: 
Payment
Users: 
3,141

The six-month "Tap and Pay" trial is one of the largest to date in terms of planned handset numbers.

Results: 

Two months into the trial, 800 of the trial participants had made six or more purchases, according to Citi. Nearly all users had made at least one purchase. Two out of three merchants had accepted an NFC-based phone payment as of September, said Citi. See update.

 

 

* Trusted Service Manager: Defined loosely to include companies or other organizations securely distributing, provisioning and managing applications, generally over the air, on secure elements in NFC mobile phones; or licensing their platforms for this purpose.

N/A: Not available or not applicable.

G&D Says Venyon Buyout Shows NFC Commitment

Dec 10 2009

In buying out its joint venture partner Nokia, German smart card maker Giesecke & Devrient said it remains committed to the trusted service management business, despite delays in rollouts of Near Field Communication services.

U.S.: Early Test In Texas Is Prelude To More Trials

Scope: 
Trial
Status: 
Completed
Launch: 
May 2003
Main Application: 
Payment
Users: 
260

Nokia embedded a contactless chip preloaded with a MasterCard PayPass application into an attachable “SmartCover” for the phone used in this early contactless-mobile trial.

Results: 

Transaction numbers were reportedly low, although organizers said demand picked up once consumers were reassured about the security of the transactions. The trial also showed the need for alternatives to preloaded personalization of phones with account and other card data. And any rollout would require a user interface on the handset screen, organizers concluded.

 

 

* Trusted Service Manager: Defined loosely to include companies or other organizations securely distributing, provisioning and managing applications, generally over the air, on secure elements in NFC mobile phones; or licensing their platforms for this purpose.

N/A: Not available or not applicable.

HEADLINE NEWS

Garmin Unveils Second High-End Smartwatch, Forerunner 645, Supporting Garmin Pay

Jan 10 2018

NFC TIMES Exclusive Insight – Wearables maker Garmin has unveiled its second major smartwatch supporting its Garmin Pay service, the Forerunner 645, a high-end device that follows the Vívoactive 3 in enabling users to tap to pay.  

Google Adopts New Payments Brand, but No New Strategy Announced to Catch Up to Apple Pay

NFC TIMES Exclusive Insight – Google's latest rebranding move for payments is certainly not its first, and involves no new products.

Payments Wearables in 2017: Market Makes Progress but Continues to Move Slowly

Dec 20 2017

NFC TIMES Exclusive Insight – While major smartwatch makers are enabling payments from their high-end devices, and there might be an announcement of another major wearables maker supporting payments at next month’s CES trade event, progress is slow for the technology to move to the range of lower-end smartwatches, fitness bands and such passive devices as rings, fobs and bracelets.

French Aerospace and Defense Group Thales Outbids Atos for Gemalto; Would Create Global Digital Security Unit

NFC TIMES Exclusive Insight – Less than a week after Gemalto’s board unanimously rejected an acquisition offer from France-based IT and consulting group Atos, complaining that Atos’ bid at €46 (US$54.18) per share “significantly undervalued the company” and that Gemalto is “best positioned to grow successfully on a standalone basis,” the board has publicly changed course and has unanimously approved a takeover offer from France-based Thales that is only 11% higher.

Mastercard Announces Plans to Enable QR Code-Based Payments in Taiwan

NFC TIMES Exclusive Insight – Mastercard has announced it will support QR code-based payments in Taiwan starting next year, working with the country’s largest credit card acquirer and processor and also Taiwan’s nascent domestic debit card network.

Samsung Pay Launches Octopus in Hong Kong, with Samsung's Latest Flagships Supporting FeliCa Technology

NFC TIMES Exclusive Insight – In the race among the major Pays wallets to add NFC transit ticketing to their mobile payments services, Samsung scored a win over Apple, with today’s launch of “Smart Octopus” with Samsung Pay.

Gemalto Rejects Proposed Atos €4.3 Billion Takeover; Contends Bid Price 'Significantly Undervalues' Company

NFC TIMES Exclusive Insight – The board of struggling French smart card and security vendor Gemalto has rejected an all-cash €4.3 billion (US$5.08 billion) takeover bid by France-based IT services and consulting company Atos, calling Atos’ €46-per-share bid “opportunistic,” and contending that it “significantly undervalues” the company, among other objections.

In-Depth: Atos Offers €4.3 Billion to Acquire Struggling French Vendor Gemalto

Dec 14 2017

NFC TIMES Exclusive Insight – French IT services group Atos hopes to bolster its cybersecurity, IoT and payments offers with its €4.3 billion (US$5.07 billion) unsolicited bid to buy struggling France-based smart card and digital security vendor Gemalto.

Mastercard Quietly Certifies First Data and PayPal to Tokenize Mastercard-Branded Cards

NFC TIMES Exclusive – Mastercard has opened up tokenization of Mastercard-branded card accounts to two other major payments industry players, First Data and PayPal, enabling them to tokenize Mastercard-branded cards for mobile and other digital payments services as an alternative to Mastercard’s own token service, MDES, NFC Times has learned.

Apple Launches P2P Payments Featuring Own Digital Payment Card; Should Banks Worry?

NFC TIMES Exclusive Insight – A key part of Apple’s new Apple Pay Cash peer-to-peer payments service is its digital prepaid debit card–which can be used for in-store NFC purchases and other transactions–a first for the tech giant.

Target Shuns NFC and Apple Pay as Expected with New Wallet; Service Features Private-Label Card

NFC TIMES Exclusive Insight – Target has added its long-anticipated 2-D bar code-based wallet to its mobile app, following rival Wal-Mart Stores in launching its own payments service and shunning NFC and contactless, as expected.

Belgian Domestic Debit Network Seeks to Expand Use of Mobile Payments, Though Consumer Habits Hard to Break

Dec 1 2017

NFC TIMES Exclusive Insight – Belgium’s domestic debit network Bancontact is offering both QR code and NFC-based mobile payments services with 20 banks in the country, as backers seek to expand use by consumers of mobile and contactless payments, which each make up only around 1% of total Bancontact transactions.