Topic “PayPass”

Czech Bank ‘Issues’ NFC SIMs for First-Mover Advantage

GE Money Bank in the Czech Republic refers to its launch of NFC services as SIM-centric, but it’s the bank, not partner Telefónica O2, that issues its customers NFC SIM cards.

Japan Continues Transition to NFC with Planned PayPass Terminal Rollout, TSM Business

Japan is continuing its transition to standard NFC, with plans by large acquirers to deploy more than 400,000 point-of-sale terminals supporting MasterCard PayPass and confirmation by the No. 3 mobile operator that it has hired an outside trusted service manager as it prepares to introduce NFC services.

PayPass Locations Double in Europe in 2012, Adding Impetus for NFC Launches

Retail locations accepting MasterCard PayPass contactless payment doubled in Europe in 2012, according to MasterCard Worldwide, a development that helps clear a path for more rollouts of NFC payment.

MasterCard Deal with UK Operator Latest Tie-Up Between Telcos and Payment Schemes

In the latest tie-up between a major telco and international payment scheme, MasterCard Worldwide has announced a partnership with mobile operator Everything Everywhere, the UK’s largest telco.

MasterCard Announces NFC Device Certifications; New NFC Mark

May 9 2012

MasterCard has announced certifications for 17 NFC phones as well as its own mark that handset makers could display on device packaging, advertisements or even on the devices themselves, showing the phone is able to do contactless payments with MasterCard PayPass.

Telefónica Announces Deal with Mobile-Payments Company Boku

Telefónica group has announced a partnership and investment in U.S.-based online mobile payments company Boku, a move that could further Telefónica’s plans to introduce NFC-based payment in its planned mobile wallets.

Online M-Payments Company Boku Seeks to Expand to In-Store Payments Using NFC

Feb 23 2012

Telco-backed online mobile-payments company Boku is seeking to expand to the physical point of sale using NFC phones, contactless stickers and conventional prepaid cards and is partnering w

Taiwanese Banks Plan to Launch M-Payment on iPhone and SWP microSD Cards

Three Taiwanese banks are seeking to enable their customers to tap their mobile phones to make purchases with MasterCard PayPass using microSD cards in a full Android NFC phone from HTC, as well as an iPhone attachment with an embedded chip, as part of separate NFC mobile-payment projects.

Turkcell Considers Contactless SIM Launch

Jun 10 2010

Turkey’s largest mobile operator, Turkcell, may launch a mobile-payment service with a bank using SIM cards and flexible antennas, NFC Times has learned.

Norway: Country’s Largest Bank and Telco Launch New Payment Trial

Scope: 
Trial
Launch: 
Jun 2011
Est. Launch: 
Q2 2009 (first phase)
Main Application: 
Payment
Users: 
About 250 (second phase)

The new phase of the trial is testing a service dubbed “Tap2Pay,” involving about 250 consumers.

Results: 

The phone used in the first phase of the trial, a Nokia 6131 modified to support applications on the the SIM via the the single-wire protocol ran into some problems because of an overly "sensitive connection." The small number of internal users "had to keep the handset a certain way for a certain period of time and for a certain distance from the reader," for the transaction to register, according to a source.

 

 

* 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.
Last update: July 2011

HEADLINE NEWS

In-Depth: Major Pays Wallets Accelerate Support for Closed-Loop Transit Ticketing

NFC TIMES Exclusive – One of the key battlegrounds for Apple, Google and Samsung as they seek more users for their respective Pays wallets is transit ticketing–with all three tech giants targeting both open-loop payments and–perhaps surprisingly–also closed-loop transit cards. (See table below).

Report: Will Deployment of Contactless EMV Cards in U.S. Drive Growth of NFC Mobile Payments? Conclusions Hard to Draw

NFC TIMES Exclusive Insight – With U.S. banks finally beginning to issue dual-interface EMV cards in significant numbers this year and more U.S. merchants accepting contactless and NFC payments, a key question becomes whether contactless card payment will help or hurt the prospects for what has generally been considered as disappointing take-up of NFC wallets.

Half of Face-to-Face Visa Transactions Outside of U.S. Expected to be Contactless Soon

NFC TIMES Exclusive Insight – Half of all domestic face-to-face transactions with Visa-branded cards globally–outside of the U.S.–are expected to be contactless within the next two months, with Visa reporting that contactless technology is maturing in numerous countries worldwide, mainly in Europe and Asia.

Analysis: Canadians Increasingly Pay with Contactless Cards, Although Cash Continues to Play Key Role

Apr 22 2019

NFC TIMES Exclusive Insight – Contactless transactions in Canada topped 50% of all in-store card transactions for the first time ever during the first quarter of this year, said the country’s largest payments card processor, Moneris, this week.

Contactless Card Transactions Could Overtake Taps from NFC Phones ‘Quickly’ in the U.S.: Industry Veteran

Apr 23 2019

NFC TIMES Exclusive Insight – Transactions from contactless bank cards in the U.S. will “quickly surpass” those from NFC phones by the end of 2020, despite cards being rolled out much later than NFC-enabled wallets, industry veteran Randy Vanderhoof, head of the Secure Technology Alliance industry trade group and the affiliated U.S. Payments Forum, told NFC Times.

Samsung's Deal with Taiwan’s EasyCard is Latest in Global Push by Pays Wallets to Support Transit Payments

NFC Times Exclusive Insight – Samsung Pay is the first of the major NFC Pays wallets to announce it is working with Taiwan’s large closed-loop transit and retail payments service EasyCard, as it seeks to differentiate itself in a crowded and fast-growing mobile-payments market on the island nation.

In-Depth: Garmin Pay Provisioning Company Fit Pay Hopes to Build on Early Lead with Spin-Off, but Larger Competitors are Gearing Up

NFC TIMES Exclusive Insight – U.S.-based Nxt-ID disclosed late Thursday that the spin-off of its payments unit, Fit Pay, which provides bank card provisioning for Garmin Pay, would again be delayed, as it waits another couple of weeks for the closing of a nearly $17 million loan it needs to move forward with the new company.

In-Depth: Australia’s No. 2 City Shuns Open-Loop Transit Payments, Sticking with Closed-Loop Mifare for Launch of Mobile Service

Apr 10 2019

NFC TIMES Exclusive Insight – While Australia is the top market worldwide for use of contactless bank cards at retail, any hopes for those same open-loop cards and card credentials on NFC phones being used as part of a nationwide, interoperable transit payments service have been dashed for now. 

Analysis: Apple Announces Breakthrough with Apple Card, but is It Mostly Slick Marketing?

NFC TIMES Exclusive Insight – With typical style and élan, Apple introduced its new credit card, Apple Card, at a product launch event this week, one of several new services the tech giant is counting on to provide growth as its iPhone sales slip.

In-Depth: Nxt-ID Gets Much-Needed Financing, Clearing Way to Spin Off Its Payments Wearables Provisioning Unit Fit Pay

Apr 5 2019

NFC TIMES Exclusive Insight – U.S.-based Nxt-ID, whose Fit Pay unit provides payment card provisioning for Garmin Pay, has announced a closing date for a $16.5 million loan it will use for working capital and to refinance an existing loan.

Australia’s Commonwealth Bank Sees Jump in Mobile Transactions with Apple Pay, Though Still Small Share of Total Card Use

NFC TIMES Exclusive Insight – Commonwealth Bank of Australia, one of Australia’s largest banks, has said its mobile wallet transactions have increased by nearly three times in the two months since introducing Apple Pay, according to a report, though the bank declines to release any actual transaction figures, and mobile transactions still are believed to make up a very small percentage of total transactions.

In-Depth: Singapore Prepares to Launch Acceptance of Open-Loop Transit Payments Following Lengthy Trial

NFC TIMES Exclusive InsightWhen it launches its SimplyGo service April 4, Singapore’s Land Transport Authority will become the first major transit authority in Asia outside of China to launch acceptance of open-loop payments of fares.