Topic “O2 Wallet”

Visa Gearing Up For NFC Launches in UK, Working with Banks and Telcos

Feb 15 2013

Visa is reportedly gearing up to support a “mainstream launch” of NFC mobile payments, along with a cloud-based digital wallet, according to Marc O’Brien, managing director of Visa UK and Ireland.

Telefónica Germany to Introduce NFC Payments Next Month, But Begins with Test

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 UK Launches O2 Wallet; Promises NFC Later in 2012

Telefónica UK, known as O2, launched its long anticipated O2 Wallet today, offering text-based money transfers and online product searches and purchasing, but no NFC yet.

Telefónica O2

Headquarters: 
United Kingdom

It seems just a matter of time before Telefónica O2 UK launches NFC commercially.

Giesecke & Devrient

Headquarters: 
Germany

German smart card supplier Giesecke & Devrient has been interested in contactless-mobile technology for years.

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.

Transport for London

Headquarters: 
United Kingdom

Transport for London’s popular Oyster card is used in more than eight in 10 journeys on London’s busy buses, underground trains and other modes of transit.

UK: Consumers Take to 'Oyster Phone'

Scope: 
Trial
Status: 
Completed
Launch: 
Nov 2007
Main Application: 
Transit fare collection and payment
Users: 
500

O2 led the six-month trial that included service-provider heavyweights Transport for London and Barclaycard.

Results: 

More than three-quarters of participants said they would use contactless service on their mobile phones if it were available, according to surveys organizers conducted. About 90% of the 500 trial participants expressed satisfaction with NFC technology, according to O2. About two-thirds of users said they found tapping the phones more convenient than using Oyster cards and about 22% said they increased their number of trips on London’s subway trains. In all, users tapped their phones for 50,000 trips on the London Underground during the trial. About 87% of respondents said the availability of the Oyster service would influence their choice of mobile phones. And while more than two-thirds of users said they would like to have the Barclaycard application on their phones in the future, only 47% said this would influence their choice of phones. Neither O2 nor Barclaycard released the number of retail transactions trial users conducted with the phones.

 

 

* 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

Identiv Reports Q2 Results and ‘Disappointing’ Start to 2015; but Cites New Customer Wins

Aug 18 2015

NFC Times Exclusive Insight – U.S.-based Identiv revised its full-year revenue guidance downward during its second quarter earnings call on Thursday, but the compa

Apple’s Seat on NFC Forum Board Rounds out Representation from Three Major Device and Platform Players Rolling Out NFC

NFC Times Exclusive Insight – With the addition of U.S.-based tech giant Apple on the board of the NFC Forum industry trade and standards association, the group now counts among its members all three major device or platform players rolling out NFC payments.

Besides MST Technology, Samsung Seeks to Differentiate New Payments Service from Apple Pay with More Flexible Architecture

NFC Times Exclusive – Besides touting its much larger base of acceptance points, Samsung Electronics appears to be emphasizing what it says is a more “agnostic” approach to its technology for its forthcoming Samsung Pay platform, as compared with rival Apple Pay.  

OTI Names New CEO, as Two Key Board Members Resign and Share Price Struggles

NFC Times Exclusive Insight – Israel-based On Track Innovations is undergoing a major change of leadership after its board of directors named a new CEO yesterday and two major players on the board abruptly resigned.

NXP Reports Sequential Drop in NFC Business; Delay in Apple Pay Launch in China Blamed

NFC Times Exclusive Insight – NXP Semiconductors reported its NFC-based mobile transactions business fell in the second quarter compared with the first quarter, with CEO Rick Clemmer apparently blaming the delayed launch of Apple Pay in China, which he indicated is hurting its sales of NFC chips to Android handset makers in the country. 

TSM Banking Group Joint Venture Accepts Bids for HCE and Tokenization

Aug 5 2015

NFC Times Exclusive – Taiwan’s TSM banking joint venture has received proposals from at least four vendors to supply a wallet platform with host-card emulation, as well as tokenization technology, as the group seeks to expand its thus far little-used TSM platform to offer its member banks the ability to launch cloud-based NFC payments by the end of 2015, NFC Times has learned.

Hong Kong Telco Launches NFC Payments Service and App; Requires Users to Change SIMs

NFC Times Exclusive Insight – Hong Kong Telecom is the latest telco to introduce its own prepaid mobile payments service and wallet app, which supports MasterCard PayPass for in-store purchases, along with online payments and a peer-to-peer funds transfer service–the latter initiated by NFC P2P mode.

UnionPay Continues Talks with Apple; China Mobile Maintains Support for NFC SIMs

NFC Times Exclusive – SHANGHAI, China: China UnionPay is continuing negotiations with Apple and some sources told NFC Times it is gearing up for a planned launch of Apple Pay in China.

Deutsche Telekom Payments Chief Departs; Telco to Revamp Struggling Wallet, Including Planned Support for HCE

NFC Times Exclusive – Deutsche Telekom has appointed a new head of payments and plans to support host-card emulation among other technologies as it seeks to revamp its struggling NFC mobile wallet, NFC Times has learned.

People on the Move: Sequent Software CEO Steps Down; Interim CEO Appointed

NFC Times Exclusive – Sequent Software, a supplier of mobile wallets, TSM and host-card emulation products, has appointed an interim CEO, replacing Robb Duffield, who stepped down earlier this month after having served as CEO for the Silicon Valley-based vendor for just under three years.

GSMA, Telcos Consider Common Platform to Support Tokenization on SIMs

NFC Times Exclusive – Mobile operators are considering shopping for technology to launch a common platform to request tokenized payment cards from such providers as MasterCard Worldwide and Visa and to load the tokens onto their NFC SIM cards, NFC Times has learned.

Visa and MasterCard Change Strategy on Tokenization Fees; Observers See Gambit to Lock in Market

NFC Times Exclusive Insight – Visa maintains that its offer to waive tokenization fees for the long term is designed to simplify the connections between thousands of card issuers and such wallet providers as Google and, perhaps later, Apple, thus driving widespread rollouts of mobile-payments services.