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Topic “South Korea”

Vendors Shipped 30 million NFC SIM Cards in 2012, Led by Demand in Korea and Japan

SIM manufacturers shipped 30 million NFC SIM cards in 2012, 70% of them to mobile operators in South Korea and Japan, with Europe beginning to ramp up, the SIMalliance trade association said today in announcing its global SIM shipment figures for the year.

Japan’s DoCoMo to Support PayPass for Roaming Customers but isn’t Finished with FeliCa

Oct 12 2012 (All day)

Japan’s largest telco, NTT DoCoMo, has begun to make a key piece of its strategy for NFC known, announcing deals with MasterCard Worldwide and South Korea’s KT Corp. to enable subscribers to make payments when they roam in other countries.

Google to Get More Wallet Phones on Sprint; Seeks Other Telcos

While he announced that U.S. mobile operator Sprint will introduce more than 10 additional NFC phones supporting the Google Wallet this year, Osama Bedier, who heads the wallet program at Google, revealed few other details about how the Web giant plans to boost the wallet’s market presence.

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

May 16 2012 (All day)

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.

Japanese and Korean Telcos Announce NFC Roaming–Rollouts Expected

The major Japanese and South Korean mobile operators in separate announcements today revealed details for planned cross-border NFC services­–signaling the move by the telcos away from domestic contactless-mobile technology to standard NFC.

HEADLINE NEWS

OTI Reduces Growth Estimate and Pushes Back Positive EBITDA Prediction

Israeli-based NFC and contactless company On Track Innovations pushed back its prediction for positive adjusted EBITDA back to the third quarter of 2015 and reduced its estimate for 2014 revenue growth to 10%, down from the 30% it had predicted previously, the company reported in its quarterly earnings call.

DeviceFidelity Acquired by mPOS and Reader Component Supplier Kili

Canada-based Kili Technology, which supplies hardware modules, firmware and IP for mobile point of sale, readers and other payment-acceptance devices, has acquired NFC-accessories vendor DeviceFidelity.

Subway Eschews Exclusivity, Supports Multiple Mobile Wallets

NFC Times Exclusive: LAS VEGAS, Nev. – While a number of major U.S. merchants have pledged to only accept one mobile-payments service, that is not the case for giant Subway sandwich chain, which has now introduced at least three major options for its customers to pay with their smartphones.

AmEx and Discover Weigh In On HCE, Tokenization and Acceptance

Las Vegas, Nev. – No single mobile payments provider or platform will dominate the market in the long run, so card networks should adopt a flexible approach, CEOs of two major payment networks, American Express and Discover Financial Services, told attendees at this week’s Money 2020 conference.

Softcard Touts Rewards to Increase Wallet Activations; Insists it Will Support Wallet on iPhone SIMs

LAS VEGAS, Nev. – Softcard CEO Michael Abbott was selling the value of rewards in the telco-owned mobile wallet today during a keynote address at the Money 2020 conference in Las Vegas.

Despite Talk of NFC and BLE, QR Codes Expected as Main Technology for MCX Launch

Although Dekkers Davidson, CEO of the big MCX mobile-commerce consortium in the U.S., said the group is working on Bluetooth low energy and NFC, the main technology MCX is expected to launch with next year will still be QR codes.

MCX Weighs in on Exclusivity Clause as Merchant Group Battles Apple Pay

The MCX Merchant group has confirmed what most insiders already knew: That it has an exclusivity clause for members to only accept mobile payments from its own payments platform.

Taiwan’s NFC Banking Joint Venture Gets Set to Launch TSM Service Amid Crowded Field of Platforms

Nov 18 2014 (All day)

NFC Times Exclusive: More than 25 Taiwanese banks have signed up to potentially launch NFC mobile-payments services using a TSM platform being launched by a joint venture of three domestic processing and interbank groups.

Small Issuers Sign Up for Apple Pay but Want to Keep Customers Using the Issuers' Own Applications

NFC Times Exclusive: Small financial institutions want their members to be able to use Apple Pay, but would prefer to keep transactions in their own branded mobile applications instead, sources at participating credit unions have told NFC Times.

NXP Reports NFC Sales Soar on Shipments to Apple

NXP Semiconductors reported a big jump in sales from its emerging ID unit in the third quarter, thanks to shipments of NFC chips and secure elements to Apple for the tech giant’s new iPhones.

Amid High-Profile Win with Apple, NXP Quietly Loses NFC Business for Samsung’s Galaxy Handsets

NFC Times Exclusive: While NXP Semiconductors won the coveted contract to supply NFC chips and secure elements to Apple for its new iPhone models, it has been cut out of the recent business for Samsung Galaxy handsets, including the Note 4.

NFC Booster Chip in New iPhones One Key to Apple Pay Performance, Though Not Yet Standardized

NFC Times Exclusive: In what is believed to be one of the first uses for NFC booster technology in NFC phones, the new iPhone 6 and iPhone 6 Plus feature an amplifier chip enabling a unique antenna design by Apple for its Apple Pay service that launched Monday.