Topic “Visa Europe”

MasterCard Europe Touts Growth of Contactless in Europe and Promotes HCE for Mobile Payments

NFC Times Exclusive Insight – Contactless payments in Europe, almost exclusively from cards, increased by more than 170% in the fourth quarter of 2014, MasterCard Europe has announced, and the payment network cited NFC payments projects in Europe as a positive sign, while promoting the prospect for host-card emulation-based launches.

People on the Move: Visa Europe’s Director of Mobile Joins Apple

Apple has hired Visa Europe’s director of mobile, Mary Carol Harris, as the tech giant gears up for its expected launch of Apple Pay in Europe later next year.

Orange Cuts Deal with Visa to Launch Orange Cash on NFC Phones in France

NFC Times Exclusive: France’s largest mobile operator, Orange, has concluded a deal with Visa to support its launch of Orange Cash in France, the latest mobile operator to announce plans to roll out its own branded prepaid payment service on NFC phones.

Visa Points to Continued Ramp-Up of Contactless Payment in UK

Visa Europe continues to promote its contactless progress, especially the UK market–noting that spending with its Visa payWave application increased five-fold in June.

Contactless Rollout at Starbucks UK Part of Wider Trend for Take-Up of Technology

The UK continues to expand its rollout of contactless, with Starbucks completing its deployment of contactless point-of-sale terminals at 550 coffee shops nationwide.

Visa Europe: Contactless Transactions to Continue to Grow Rapidly in 2013

Consumers in Europe did 19 million transactions with Visa-branded contactless bank cards in March, up by nearly 50% from December, announced Visa Europe Tuesday, which predicts monthly transactions will increase to 52 million by the end of 2013.

CaixaBank, Telefónica to Trial NFC Payment Again at Mobile World Congress; Part of ‘NFC Experience’

Spain’s CaixaBank, mobile operator Telefónica and Visa Europe, along with technology vendor Gemalto, plan to demonstrate NFC payment at next week’s big Mobile World Congress in Barcelona.

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.

Visa: Contactless Transactions in UK to Grow Fourfold This Year; Though Base Remains Small

Visa Europe predicts the UK will have 34 million contactless Visa-branded cards on issue and 175,000 contactless terminals deployed by the end of 2013, with Europe reaching 70 million Visa-branded contactless cards and 650,000 contactless terminals this year.

Visa Europe Predicts 40 Issuers of Contactless-Mobile Payment Services in 2013

Visa Europe predicted that by the end of 2013, there would be 40 issuers with live NFC or contactless-mobile payment services across Europe and 80 smartphones certified by Visa to handle the payments.

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.