Topic “Taiwan”

Taiwanese NFC Joint Venture Hires TSM; Low Price Could Impact Other Markets

NFC Times Exclusive: Taiwan’s NFC joint venture formed last year by the country’s five mobile operators and closed-loop payment scheme EasyCard has chosen a TSM provider for its planned TSM hub, NFC Times has learned.

Taiwanese NFC Joint Venture Finally Chooses Chairman, but Ecosystem Remains Unsettled

NFC Times Exclusive: A former general manager of Taipei’s large contactless transit ticketing and closed-loop payment scheme, EasyCard, has been named chairman of an NFC joint venture set up by Taiwan’s five mobile operators and EasyCard Corp., NFC Times has learned.

NFC Backer Chunghwa Telecom Seeks Cut of Transaction Fees with New QR Code Payments Service

Taipei, TAIWAN – NFC Times Exclusive: Chunghwa Telecom, Taiwan’s largest mobile operator and a long-time backer of NFC, has introduced its QR code-based mobile-payments service, with plans to pursue NFC and QR code mobile-payments in separate tracks.

Taiwanese JV Confirms Appointment of General Manager; More NFC Trials Announced

The NFC joint venture of five Taiwanese mobile operators and the country’s largest fare-collection scheme have confirmed in recent days that it has hired a former sales director for Hewlett-Packard Taiwan and former sales manager at IBM Taiwan as its new CEO, as NFC Times first reported Aug. 5.

Taiwan’s NFC Joint Venture Expected to Appoint Former IBM and HP Manager as CEO

NFC Times Exclusive: Taiwan’s planned NFC joint venture is expected to name a former sales director for Hewlett-Packard Taiwan and former sales manager at IBM in Taiwan as its new CEO, NFC Times has learned.

Taiwan: Operator and Bank Launch Trial as Prelude to Commercial Launches on Island

Scope: 
Trial
Status: 
In progress
Launch: 
Jul 2013
Main Application: 
Payment
Users: 
Up to 1,000 employees

The first Taiwanese banks have received approval from banking regulator to issue mobile credit cards on NFC SIM cards that can be downloaded and managed over the air.

Taiwanese NFC Payment Pilots Expected to Lead to Rollouts

Taiwan’s major mobile operators have been gearing up for their final pilots before NFC commercial launches, which are expected to begin on the island nation by early next year.

Taiwan: Telco to Launch Multiapplication NFC Trial with Help from Conglomerate Parent

Scope: 
Trial
Status: 
Planned
Est. Launch: 
Q3 2013
Main Application: 
Payment, transit fare collection, loyalty
Users: 
About 1,000

Taiwan’s No.

Taiwanese Mobile Operator To Launch Large Multiapplication NFC Trial

Far EasTone, one of Taiwan’s top three mobile operators, Monday announced plans for a large multiapplication NFC pilot among employees of its large conglomerate owner, Far Eastern Group.

Taiwanese Telco and Banks Announce Plans for NFC-Payment Projects

May 29 2013

Taiwan’s largest mobile operator, Chunghwa Telecom, and four banks announced plans today to launch NFC mobile payment, likely starting with Cathay United Bank and a six-month pilot.

HEADLINE NEWS

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.

Major UK Bus Operators Complete Contactless Rollouts, With More to Come

NFC TIMES Exclusive – At least 13,000 buses in the UK outside of London now accept open-loop contactless payments, and more rollouts are underway as part of a plan by UK bus operators to roll out contactless on all 32,000 buses operating in the UK outside of the capital, NFC Times has learned.

Transport for London Proposes Extending Licensing Deal with Cubic for Open Payments Technology

NFC TIMES Exclusive Insight – London transit authority Transport for London is proposing to extend an agreement with U.S.-based fare collection system vendor Cubic Transportation Systems to license the authority’s technology used in its pioneering contactless open-loop payments system.