Topic “Wal-Mart Stores”

Wal-Mart Launches Apple Pay Rival, Using QR Codes to Enable Payments from Own App–and Without MCX

NFC Times Exclusive Insight – Wal-Mart Stores, the world’s largest retailer by sales, has launched its own mobile payments service, Walmart Pay, from its app, using QR codes displayed at checkout to link to funding payment or gift cards.

Analysis: Chase Pay Deal with MCX–All About Economics

NFC Times Exclusive Insight – While Chase Pay will offer merchants in the MCX consortium a potential consumer base of 94 million Chase payment card accounts and the promise of integration with their loyalty programs and offers, the essential element of the deal was the very low transaction fees Chase will charge.

Chase Pay to Challenge Payment Networks, NFC Technology

Oct 28 2015

NFC Times Exclusive Insight – LAS VEGAS, Nev.: In a surprise move, JPMorgan Chase, the largest U.S. credit and debit card issuer by payment volume, announced plans to launch its own wallet app–along with a low-cost mobile-payments service accepted by Wal-Mart Stores and other big U.S. merchants in the MCX merchant consortium.

Despite Talk of NFC and BLE, QR Codes Expected as Main Technology for MCX Launch

Although Dekkers Davidson, CEO of the big MCX mobile-commerce consortium in the U.S., said the group is working on Bluetooth low energy and NFC, the main technology MCX is expected to launch with next year will still be QR codes.

Big U.S. Merchants Form Company to Develop Mobile Wallet

Aug 15 2012

More than a dozen large U.S. merchants, including Wal-Mart Stores, Target, Best Buy and 7-Eleven, have formed a company to offer consumers mobile payments and customized offers, an initiative that would compete with Google Wallet, Isis and other mobile wallets.

Big UK Merchant Asda to Trial Contactless Payment

Large UK retailer Asda will pilot contactless payment starting in July at 25 of its stores, Visa Europe announced today.
The chain, a subsidiary of giant U.S.-based retailer Wal-Mart Stores, has only agreed to trial the technology, not to roll it out to its 500 stores in the United Kingdom. Most of the chain’s stores are supercenters or hypermarkets.
At present, there are 105,000 contactless terminals in place in the UK, most at small shops, Visa told NFC Times. The highest profile UK merchant so far rolling out contactless acceptance is McDonald’s, which agreed last year to equip all of its 1,200 locations in the country.
But other big merchants, including Starbucks and Tesco, the latter the largest retailer in the UK, are holding back from nationwide deployments.
This summer, however, Transport for London promises to become the biggest “merchant” to date accepting contactless credit and debit cards, when it launches open-loop fare collection on its 8,500 London buses.
The transport authority has vowed to be ready to accept the contactless bank cards on the buses in time for the opening ceremonies of the 2012 Summer Olympics in London. 
There are about 20 million contactless bank cards in circulation in the UK today, most support Visa payWave or MasterCard PayPass. Foreign open-loop credit and debit cards will also work on the buses. And it’s possible the buses could accept payment from NFC phones if the payment applications are not prepaid, which requires different authentication.
Supercenter retailer Asda has agreed to trial contactless payment in the UK at 25 stories this summer, though the major merchant has not committed to a national rollout at its 500 stores.

Large UK retailer Asda will pilot contactless payment starting in July at 25 of its stores, Visa Europe announced today.

U.S. Telcos Advance NFC Mobile-Payment Project

May 25 2010

A consortium of major U.S. mobile operators continues to make preparations for launching mobile-payment services to subscribers, although one operator in the group, Sprint, is pulling back from the project, sources told NFC Times.

HEADLINE NEWS

USA Technologies Seeks to Bolster Services, Markets with Acquisition of Cantaloupe Systems

NFC TIMES Exclusive Insight – Unattended point-of-sale vendor USA Technologies expects to close its $85 million deal to acquire competitor Cantaloupe Systems next week, telling NFC Times the deal will add to USAT’s suite of services and expand its international reach.

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.