Topic “Visa”

Samsung Chooses Broadcom NFC Chip over NXP; Embedded Strategy Begins to Take Shape

Samsung Electronics has changed NFC technology suppliers for its flagship Galaxy S 4, switching to an NFC controller from Broadcom and a large-memory embedded chip from STMicroelectronics, running software from Oberthur Technologies, NFC Times has learned.

Samsung to Support Multiple Payment Brands on New Galaxy S 4

Mar 15 2013

The embedded chip in Samsung’s Galaxy S 4 will eventually come preloaded with payment applications from other brands, in addition to Visa payWave, the device maker revealed Thursday, in announcing its much-anticipated Galaxy S 4 smartphone.

Visa Gearing Up For NFC Launches in UK, Working with Banks and Telcos

Feb 15 2013

Visa is reportedly gearing up to support a “mainstream launch” of NFC mobile payments, along with a cloud-based digital wallet, according to Marc O’Brien, managing director of Visa UK and Ireland.

Deutsche Telekom Plans Move into Payments Market with NFC Phones and PayPass

Deutsche Telekom intends to make its move into the payments market at the physical point of sale in direct competition with banks, with an NFC payments commercial launch planned in Poland this year, before later expanding to Germany and other European countries.

Payment Schemes Pick Up Pace of NFC Phone Certifications

Visa Inc. and MasterCard Worldwide appear to be stepping up the pace of NFC phone certifications as they gear up for the launch of more mobile-payment rollouts this year.

Wentker Departs Visa; Bains Leaves GSM Association

Dave Wentker, considered the No. 2 man in Visa Inc.’s mobile-payment unit and a former vice chairman of the NFC Forum, has left the payment network after more than 15 years, NFC Times has learned.

Vodafone Sees Payment in NFC Wallets as ‘Business Opportunity’

Vodafone sees its planned prepaid payment service in its forthcoming NFC mobile wallets as a “business opportunity,” though it intends to enable many other applications, including payment from major banks, Christian Wirtz, group director for mCommerce told NFC Times.

Visa Announces Certification of Six NFC Phone Models for SIM-based payWave

Jan 11 2012

Visa has announced its first certifications of NFC phones, approving six models to run its contactless application, payWave, on SIM cards.

ANZ Tries to Counter Published Report of ‘Failed’ MicroSD Trial

ANZ bank in Australia says it has nothing against the idea of using microSD cards for mobile payment.

Visa Approves microSDs for Use with Three Smartphones

Jan 7 2011

Visa has certified the iPhone and two other smartphones for use with microSD cards carrying its payWave application.

HEADLINE NEWS

Orange Cash Gets New Life as Part of Orange Bank App

NFC TIMES Exclusive Insight – As expected, Orange will continue offering its NFC-enabled Orange Cash Visa-branded card with the launch of its Orange Bank mobile service.

First HCE-Enabled JCB Cards to Hit Market in Taiwan in First Quarter

Nov 14 2017

NFC TIMES Exclusive Insight – Japanese credit card company JCB will participate early next year in a mobile wallet from the Taiwan Mobile Payment banking joint venture, marking the first time JCB will support host card emulation in a mobile payments service.

Canadians Take to Contactless Cards, but NFC Wallets? Not So Much

NFC TIMES Exclusive Insight – While a well-developed contactless card and POS terminal infrastructure and strong consumer take-up of contactless card payments has often been touted as the gateway to use of mobile payments, that is often not the case. Take Canada, for instance.

New York Approves Delayed Contract for Contactless Fare Collection, Clearing Way for Rides with NFC Wallets

NFC TIMES Exclusive Insight – The New York Metropolitan Transportation Authority board has approved a long-anticipated contract to enable riders to pay with contactless credit and debit cards, including cards loaded into NFC mobile wallets, by 2019–the largest transit authority to do so since Transport for London launched open-loop fare collection in late 2012.

Fitbit Chief Plans to Enable Entire Product Line for Payments with NFC; Challenges Lie Ahead

NFC TIMES Exclusive Insight – LAS VEGAS:  Fitbit CEO James Park today said the large wearables maker plans to enable contactless payments across its entire range of devices over the next few years using NFC technology, a move he said he hopes will help make contactless payments “ubiquitous around the world.”

Major League Baseball to Roll Out Availability of NFC Ticketing in 2018, but Will Stadiums Adopt the Technology?

NFC TIMES Exclusive – Major League Baseball in the U.S. may roll out NFC mobile ticketing next year as part of Apple Pay, although it’s unclear how many stadiums or other venues would be involved, sources told NFC Times.

Apple Promotes ‘Everyday’ Commerce for Apple Pay as It Seeks to Increase Transactions

NFC TIMES Exclusive Insight – LAS VEGAS:  As Apple continues to try to address what many observers consider to be a disappointing showing for its now three-year-old payments service, Apple Pay chief Jennifer Bailey played up the theme “Everyday (commerce) With Apple Pay,” during a keynote at the Money 20/20 fintech show Sunday.

Group Representing Big U.S. Banks Plans to Issue Own Tokens for Cards Carrying Major Brands

NFC TIMES Exclusive Insight – The Clearing House, a group of the largest banks in the U.S., announced its first plans to tokenize cards branded by a major network, as the banks seek to reduce their dependence on tokenization by the major card schemes.

Apple Watch Likely to Lag Behind in Tag-Reading Ecosystem

NFC TIMES Exclusive – As the NFC tag industry responds to iOS 11, Apple Watch isn’t drawing much focus, and use cases for tag-reading on the wearable remain limited.

Mobile Payments Contribute to Slow Decline of Cash

NFC TIMES Exclusive Insight – Mobile payments are one of the key factors driving the gradual replacement of cash with card and digital payments, according to the annual World Payments Report released this week by consulting and IT services firm Capgemini and major French bank BNP Paribas.

Apple Pay Finally Signs Up Second Major Bank in New Zealand

NFC TIMES Exclusive Insight – In certain markets, Apple continues to face resistance from major banks, which, among other things, do not want to participate in an Apple-branded wallet. That’s true in Australia and in such major Western European markets as France, Spain and Italy, where only one major bank in each country is supporting Apple Pay.

Wells Fargo Launches NFC-Enabled ATMs, Though Rollout is One Year Behind Schedule

Oct 16 2017

NFC TIMES Exclusive Insight – Wells Fargo, the third largest U.S. bank by assets, made good on its pledge last March to launch NFC-enabled ATM cash withdrawals by the end of this year, although that is one year behind schedule, and Wells Fargo is far from the first major bank globally to support the technology on ATMs, even in the U.S.