In about two weeks, Transport for London expects to record its one-millionth ride paid for by contactless bank cards, and the authority says it’s on track to hit its deadline for launching open-loop fare collection on the rest of its transit network, including the busy London Underground, by the end of the year.
More than 100 users in a 10-month trial of NFC transit ticketing in Málaga, Spain, tapped for a total of 7,500 rides and got information from smart posters at bus stops more than 3,000 times, France Telecom-Orange has announced.
Chicago transit officials unveiled their planned open-loop fare-collection system, called Ventra, with plans to enable riders to tap to pay fares with contactless credit and debit cards, as well as reloadable MasterCard-branded prepaid cards.
France’s much-anticipated NFC demonstration project scheduled to launch Friday in Nice will feature a variety of applications, including bank payment. But the premier service is expected to be transit ticketing.
NFC Times Exclusive – Falling SIM card prices among other challenges have forced such major smart card and NFC vendors as Giesecke & Devrient and Oberthur Technologies to restructure, though strong growth in shipments of EMV cards to Asia and the United States helped them record growth in overall revenue in 2014.
NFC Times Exclusive Insight – PayPal is trialing NFC mobile payments, CEO-designee Dan Schulman said during eBay’s first quarter earnings call, but the company continues to be cautious about embracing NFC.
NFC Times Exclusive Insight – With the first Apple Watch units set to be delivered this week, NFC payments for wearable devices becomes a budding market, though it remains to be seen whether consumers want to tap their watches or wristbands to pay.
NFC Times Exclusive Insight –Apple is getting some pushback from banks as it seeks to expand its payments service, Apple Pay, outside of the U.S., where its U.S. business model along with other characteristics of the U.S. market will not translate well, NFC Times has learned.
NFC Times Exclusive Insight – The SIMalliance vendor group is playing up what it calls soaring growth in NFC SIM shipments in 2014, despite troubling signs for the future of SIM-based NFC, such as Apple Pay and similar initiatives by other OEMs, as well as growing interest in host-card emulation and the failure of SIM-based NFC services to take off.
NFC Times Exclusive – U.S.-based chip vendor Broadcom is the latest component supplier to make a play for the market for NFC-enabled mobile point-of-sale devices, expected to see strong demand as mobile-payment services like Apple Pay continue to expand.
NFC Times Exclusive – Samsung’s NFC payments platform, Samsung Pay, is due to launch in the summer in the U.S. and South Korea. But it’s not the only payments service planned for Samsung’s new flagship smartphone, the Galaxy S6.
NFC Times Exclusive Insight – Australia’s AMP Bank said it chose to launch mobile-payments with host-card emulation over other NFC technologies because of the “wider reach” the technology offers, since it’s “available to all NFC-enabled Android mobile phones running KitKat or later,” the bank’s director digital, Michael Weeding, told NFC Times.
NFC Times Exclusive Insight – New Zealand joint venture Semble has launched its SIM-based NFC mobile wallet, after delays and the decision by of two of the country’s big four banks to launch mobile payments from their own apps using host-card emulation.