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Near Field Communication and all contactless technology

NFC Times Exclusive Insight – Visa maintains that its offer to waive tokenization fees for the long term is designed to simplify the connections between thousands of card issuers and such wallet providers as Google and, perhaps later, Apple, thus driving widespread rollouts of mobile-payments services.

NFC Times Exclusive – MasterCard Worldwide has named James Anderson group executive for platforms, a key position inside the payment network, which is seeking to secure its role in the ecosystem as mobile payments start to gather steam, NFC Times has learned.

MasterCard Worldwide is the latest payment scheme to work with Samsung Electronics, with plans to soon offer its PayPass application for embedded chips in new Samsung NFC phones, NFC Times has learned.

MasterCard Worldwide is reorganizing its mobile-payments effort and team, planning to focus on what it calls “digital convergence,” with the aim of “enabling every connected device to be a commerce device,” NFC Times has learned.

PayPal has an advantage over another big Internet player, Google, in rolling out payments at the physical point of sale because it already has tens of millions of payments customers on file with billions in their accounts “ready to spend,” contends Don Kingsborough, PayPal’s vice president for retail and prepaid products.

NEW ORLEANS – MasterCard today announced its answer to Visa’s digital wallet and other wallets planned by competitors, introducing its PayPass Wallet Services.

Intel and MasterCard Worldwide have announced plans to enable consumers to tap their NFC phones and contactless cards on notebook computers to shop on the Web.

The four major U.S. payment networks will work with mobile carrier joint venture Isis as it rolls out NFC-based mobile commerce in the United States, it was announced today.

MasterCard Worldwide today announced its expected appointment of Mung-Ki Woo, the head of NFC and mobile-money activities at France Telecom-Orange Group, as the card network’s new group executive for mobile.