Topic “Switzerland”

Swatch Expands Payments Service–Provides Affordable Analog Alternative to Smartwatches

NFC TIMES Exclusive Insight – Swatch, one of the world’s largest watchmakers, has expanded its contactless-payments service to its home base of Switzerland, launching the restyled SwatchPAY! service with seven card issuers Thursday. A spokeswoman told NFC Times the company plans to expand the service to other European countries. 

Samsung ‘Officially’ Launches First Pays Service in Nordics and Middle East; Expands Beta to Two More Countries

NFC TIMES Exclusive Insight – Samsung today said it had “officially” launched its mobile payments service, Samsung Pay, in Sweden and the United Arab Emirates after “early-access launches” in these countries, making it the first of the global “Pays” wallets to fully launch in either the Nordics or the Middle East.

Netcetera Acquires Longtime NFC Tech Supplier Nexperts, as It Seeks to Expand Multichannel Offer to European Banks

NFC TIMES Exclusive – Switzerland-based payments software company Netcetera acquired longtime NFC technology supplier Nexperts of Austria to deliver a multich

Swiss Competition Officials Decline to Investigate Apple Pay Antitrust Complaint for Now

NFC Times Exclusive – A few days ahead of the official launch of Apple Pay in Switzerland earlier this month, Swiss consumer protection group Konsumentenschutz SKS filed a complaint with the Swiss competition officials, contending that Apple’s policy of locking down the embedded chips in its NFC devices is “monopolistic” and is a violation of the country’s antitrust laws. The regulator, however, has declined to launch a formal investigation, deciding to continue to observe the market for now, NFC Times has learned.

Analysis: Apple Sees Familiar Pattern with Apple Pay Launch in Switzerland

NFC Times Exclusive – Apple’s expansion into Switzerland late last week with its Apple Pay service followed a familiar pattern, as in many of the other new markets the tech giant has expanded its payments service in: support first comes from relatively small issuers while major banks hold out.

Apple to Launch Payments on Web; Pursues Divide-and-Conquer Strategy for Signing Up Banks

NFC Times Exclusive Insight – Apple, as expected, will bring its payments service to e-commerce purchases and to three new marketsFrance, Switzerland and Hong Kongthe tech giant announced during its Worldwide Developers Conference Monday.

UPDATED: Switzerland: Shared NFC Wallet to be Deployed by Three Telcos This Year

Scope: 
Rollout
Status: 
In progress
Launch: 
Jul 2014
Main Application: 
Payment
Users: 
N/A

Switzerland’s other two major telcos, Orange and Sunrise, are expected to launch the Read more »

Swiss Telcos to Share Tapit NFC Mobile Wallet Platform

Aug 6 2014

Swiss telco Swisscom has launched an NFC mobile wallet app called Tapit, with the country’s two other major telcos expected to follow later in 2014.

Switzerland: Banks Test Mobile payWave Among Employees

Scope: 
Trial
Status: 
Completed
Launch: 
Sep 2008
Main Application: 
Payment
Users: 
170

The three-month internal trial had employees of Credit Suisse, Swisscard and SIX Multipay tapping their Nokia mobile phones preloaded with Visa payWave applications to pay for meals at staff restauran

Results: 

Over 90% of employees who took part in the internal trial said they liked the ease and convenience of NFC. A large percentage said they wanted to be able to use contactless payment at kiosks and public transport ticket dispensers, according to co-organizer Credit Suisse. The bank also said a survey conducted among cashiers involved in the trial “has also confirmed that contactless technology accelerates and simplifies the payment process in comparison to cash.”

 

 

* 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

In-Depth: In-Car Payments Gears Up but Takes Time to Get Rolling

NFC TIMES Exclusive Insight – Car manufacturers, payments networks and platform providers continue to make deals as they gear up for the much-anticipated arrival of in-car payments–which would enable motorists to buy gasoline, pay for parking and purchase food for takeout, all from their dashboards.

Golden Globes Trophies Get Provisioned Like Payments Wearables to Ensure Authenticity

NFC TIMES Exclusive – The 76th Annual Golden Globes held Sunday featured the usual share of Hollywood celebrities preening for the cameras, showing off their new designer gowns and latest nips and tucks, while holding their trophies high if they won.

Japanese Megabank Mizuho Plans to Launch New Digital Currency Soon for Mobile Payments Service

NFC TIMES Exclusive Insight – Japanese megabank Mizuho will reportedly move forward with its planned launch of a new digital currency to enable QR code-based mobile payments in stores and for funds transfers–with plans to cut the fees merchants will pay to accept the new payments scheme, as compared with credit cards.

More QR Code Payments Services Planned for Japan, Home of Original Contactless-Mobile Rollouts

NFC TIMES Exclusive Insight – Japan, the first market globally to adopt contactless-mobile payments, in 2004, with a technology similar to NFC, will see its two largest convenience store chains introduce their own mobile payments services this year–both using bar codes or QR codes instead of NFC.

Analysis: Commonwealth Bank’s Agreement to Support Apple Pay Could Mark Turning Point for Apple’s Bank Recruitment Efforts

NFC TIMES Exclusive Insight – With its capitulation last week to Apple and agreement to participate in the tech giant’s payments service, Australia’s largest financial institution, Commonwealth Bank–which had once vowed not to support Apple Pay–shows that Apple is making headway with major banks that had once resisted supporting the NFC wallet.

Major Bus Company Stagecoach Finishes Contactless Rollout as UK Moves Toward Transit Ticketing Interoperability

NFC TIMES Exclusive Insight – The UK’s largest bus operator has announced that it has completed its rollout of open-loop payments acceptance on 7,400 buses in the country, declaring itself the “single largest contactless transit merchant in Europe outside London.”

In-Depth: Australian Transit Authority Rolls Out Open-Loop Payments After Lengthy Trial

NFC TIMES Exclusive Insight – Transport for New South Wales, Australia–the transit authority that oversees trains, buses and ferries in and around Sydney–decided to roll out its open-loop payments service to all train services following an extensive trial.

Canadian Transit Authority Introduces Low-End Wearable for Closed-Loop Payments

NFC TIMES Exclusive Insight – When Vancouver-area transit authority TransLink introduced open-loop fare payments last May, it was clear that the agency was not planning to phase out its closed-loop Compass Card anytime soon.

In-Depth: Swedish Hybrid Watch Brand Kronaby to Launch Payments Wearables with Innovative Provisioning System

NFC TIMES Exclusive – In one of the first implementations of its kind, Sweden-based hybrid smartwatch brand Kronaby plans to enable personalization of tokenized payment cards over the air using a Bluetooth connection to what is essentially a passive contactless chip in its watches.

Analysis: Apple Again Touts Apple Pay Growth, While Still Not Releasing Details on Transactions

NFC TIMES Exclusive Insight – Apple again reported a tripling of transactions for its payments service, Apple Pay, during its fiscal quarter ending in September, while noting other achievements. But the growth is believed to be off of a relatively low base, and four years after launching the payments service, Apple is still not releasing detailed numbers about its transactions.

In-Depth: Chinese Payments Players Accelerate Rollouts of Transit Fare Payments

NFC TIMES Exclusive Insight – While mobile payments are rolling out slowly at metro gates and aboard buses in the West, Chinese mobile payments players are accelerating deployments of their services that enable consumers to tap–or more likely scan–to ride.

Major U.S. Networks Promote Online Commerce Spec, Seeking to Keep Digital Transactions on Their Networks, but Not All Merchants are On Board

NFC TIMES Exclusive Insight – Major U.S.-based global networks, including Visa, Mastercard and American Express–hoping to keep transactions on their networks as more commerce goes online and digital–amplified their push for the Secure Remote Commerce specification, which is being drafted by their jointly owned payments specifications group, EMVCo.