Topic “Commonwealth Bank of Australia”

Tokenization from Visa and MasterCard Will be Tough Sell in Such Markets as Turkey, which Could Opt for Alternate PANs

Published: Aug 17 2015

NFC Times Exclusive – Turkish banking group BKM and at least some Turkish banks are among those planning to support their own form of tokenization–alternate PANs–for early and perhaps later rollouts of NFC mobile payments–a move that could put a crimp in the tokenization plans of the major payments schemes, Visa and MasterCard Worldwide.

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CASE STUDY: Asia-Pac’s First HCE Launch–Higher Transaction Value, Though User Numbers Remain Small

Published: Jun 22 2015
Jun 23 2015

UPDATED: NFC Times Exclusive – Australian credit union CUA has seen a 16% increase in value of transactions for mobile payments since the launch of its host-card emulation mobile-payments app last summer, though user numbers have remained small 11 months after one of the first HCE commercial launches globally.

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Commonwealth Bank Launching HCE; Other Australian Banks Expected to Follow

Published: Mar 11 2015
May 25 2015

NFC Times Exclusive Insight – One of Australia’s largest banks, Commonwealth Bank, is launching NFC payments from its mobile-banking app using host-card emulation, having earlier tried embedded secure elements, contactless stickers and iPhone attachments.

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China UnionPay Reportedly Strikes Deal with Samsung to Use Embedded Chips

Published: Oct 3 2014
Oct 9 2014

Samsung Electronics reportedly says it has an agreement with payment network China UnionPay that would enable embedded chips in more than 3 million of its devices in China with China UnionPay’s contactless-payments service, though no banks have yet been mentioned as issuers.

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Westpac New Zealand Launches HCE Trial, Snubbing Country's Planned TSM Platform

Published: Jul 22 2014

Westpac New Zealand has announced a small trial of host-card emulation-based payments, with plans to introduce the technology to customers early next year.

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Australia Credit Union Gets First to the Starting Gate In Asia-Pac for HCE Payments

Published: Jul 15 2014
Scope: 
Rollout
Status: 
In progress
Launch: 
Jul 2014
Main Application: 
Payment

Customers of Australia’s largest credit union, CUA. can make payments by downloading an HCE-enabled app from the Google Play store to their Android KitKat-ready NFC handsets.

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Australian Credit Union Launches First HCE Service in Asia Pacific

Published: Jul 13 2014
Jul 14 2014

Australia’s largest credit union, CUA, is the first financial institution in Asia-Pacific to commercially launch mobile payments using host-card emulation, announcing the move today in Australia.

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Russian Bank Launches Delayed PayPass Service on Embedded Chips in Two Samsung NFC Models

Published: Jun 30 2014

Russian Standard Bank launched its long-planned NFC-payments service on embedded chips in Samsung NFC devices, under an earlier partnership deal between Samsung Electronics and MasterCard Worldwide.

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Australian Credit Union Launches First HCE Service in Asia Pacific

Published: Jul 13 2014
Jul 14 2014

Australia’s largest credit union, CUA, is the first financial institution in Asia-Pacific to commercially launch mobile payments using host-card emulation, announcing the move today in Australia.

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Russian Bank Launches Delayed PayPass Service on Embedded Chips in Two Samsung NFC Models

Published: Jun 30 2014
Jul 15 2014

Russian Standard Bank launched its long-planned NFC-payments service on embedded chips in Samsung NFC devices, under an earlier partnership deal between Samsung Electronics and MasterCard Worldwide.

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HEADLINE NEWS

Australian Transit Agency to Launch Mobility-as-a-Service Trial as It Pursues Long-Term MaaS Strategy

Published: Dec 9 2021

Plans by Transport for New South Wales, Australia’s largest transit agency, to launch a trial enabling users to plan, book and pay for multimodal rides is the next step toward the agency’s long-ter

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Updated: U.S. Transit Agency Seeks to Reduce–Though Not Eliminate–Cash Acceptance with New Fare-Collection System

Published: Dec 9 2021

Updated: The Spokane Transit Authority in Washington state confirmed that its new fare-collection system will include contactless open-loop payments–with a beta test planned for next October, a spokesman told NFC Times' sister publication Mobility Payments.

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UK Government Seeks to Bring London-Style Contactless Fare Payments System to Other Regions

Published: Nov 30 2021

The UK government’s plan to equip 700 rail stations over the next three years to accept contactless open-loop payments is a major initiative, as it seeks to replicate the success of London’s contactless pay-as-you go fare payments system elsewhere in the country–a goal that has proved elusive in the past.

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More Cities in Finland Expected to Move to Open-Loop Fare Payments

Published: Nov 16 2021

A fourth city in Finland is beginning to roll out contactless open-loop payments, with “more in the pipeline,” according to one supplier on the project, making the Nordic country one of the latest hotspots for the technology.

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Moscow Metro Expands Test of ‘Virtual Troika’ in Pays Wallets, as It Continues to Develop Digital-Payments Services

Published: Nov 16 2021

Moscow Metro is recruiting more users to test its “Virtual Troika” card in two NFC wallets, those supporting Google Pay and Samsung Pay, as one of the world’s largest subway operators continues to seek more ways for its customers to pay for rides.

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Ohio Transit Agency Expects Significant Revenue Loss as it Builds Equity with Fare Capping

Published: Nov 16 2021

The Central Ohio Transit Authority, or COTA, officially launched its new digital-payments service Monday, including a fare-capping feature that the agency estimates will cost it $1.8 million per year in lost fare revenue, the agency confirmed to Mobility Payments.

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Special Report: Interest Grows in ‘White-Label EMV’ for Closed-Loop Transit Cards

Published: Nov 2 2021

As more transit agencies introduce open-loop fare payments, interest is starting to grow in use of white-label EMV cards that agencies can issue in place of proprietary closed-loop cards for riders who don’t have bank cards or don’t want to use them to pay fares.

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Swedish Transit Agency Launches Express Mode Feature for Apple Pay, though Most Ticketing Still with Barcode-Based App

Published: Oct 28 2021

Skånetrafiken, the transit agency serving one of Sweden’s largest counties, announced today it has expanded its contactless open-loop payments service to include the Express Mode feature for Apple Pay.

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Major Bus Operators in Hong Kong Now Accepting Open-Loop Payments–Adding More Competition for Octopus

Published: Oct 28 2021

Two more bus operators in Hong Kong on Saturday launched acceptance of open-loop contactless fare payments, with both also accepting QR code-based mobile ticketing–as the near ubiquitous closed-loop Octopus card continues to see more competition.

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Moscow Metro Launches Full Rollout of ‘Face Pay;’ Largest Biometric Payments Service of Its Kind

Published: Oct 18 2021

Touting it as the largest rollout of biometric payments in the world, Moscow Metro launched its high-profile “Face Pay” service Friday, as expected, and predicted that 10% to 15% would regularly us

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Indonesian Capital Seeks to Expand to Multimodal Fare Collection and MaaS

Published: Oct 18 2021

Indonesia’s capital Jakarta, whose metropolitan area is home to more than 30 million people, is notorious for its stifling traffic congestion. In response, the government metro and light-rail networks and now it is funding an expansion of the fare-collection system to enable more multimodal payments and to build a mobility-as-a-service platform.

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Exclusive: NFC Wallets Grow as Share of Contactless Fare Payments and Not Only Because of Covid

Published: Oct 18 2021

Transit agencies that have rolled out open-loop contactless payments are seeing growing use of NFC wallets to pay fares, as Covid-wary passengers see convenience in tapping their phones or wearables to pay.

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