Topic “Facebook”

Norwegian Banks Move to Defend Against Global Tech Giants by Uniting Payments Services

NFC TIMES Exclusive Insight –  The “Pays” wallets, such as Apple Pay and Android Pay, have not yet launched in Norway, but Norwegian banks are not waiting for tech giants Apple and Google or other outside behemoths, such as Facebook, to try to gain a foothold.

Panelists: Facebook Has Opportunity in Payments but Not Likely with NFC or at Physical POS Anytime Soon

By: 
Kiona Smith-Strickland

NFC Times Exclusive: Facebook is unlikely to become a real payments player or use NFC or other technologies to try to make the jump to the physical point of sale anytime soon, panelists at a recent NFC conference agreed.

Indian Cinema Lets Users Tap to Launch Mobile Services

More than 200 users tapped tags in smart posters and other displays at a movie theater in Mumbai, India, and about a third of them downloaded the cinema chain’s app over a six-week period, according to the wireless marketing company that ran the campaign.

London Hackathon Designed to Bring NFC Apps Closer to Market Launch

Organizers of a recent NFC hackathon in London gave “kick-starter” funds to two teams of app developers and handed out other awards, all in an effort to bring the apps closer to a market launch.

American Express Exec: Social Media Now, NFC Later

U.S.-based American Express, long silent on its plans for NFC, has been making its interest in the technology known of late.

Finland: Start-up Seeks to Combine NFC with Social Networking Inside of Venues

Scope: 
Trial
Status: 
Planned
Est. Launch: 
Mid-2011
Main Application: 
Check-in
Users: 
50 to 100 students and up to 200 employees

Users would check in by tapping tags with NFC phones or scanning 2-D bar codes at the door of the restaurant or bar.

Bringing Facebook Fans into the Store with Contactless Technology

By: 
Dan Balaban

Merchants are becoming skillful at promoting themselves on Facebook–right down to getting their "fans" to post flattering comments and photos on the company page and purchasing from their online stores.

HEADLINE NEWS

UPDATED: U.S. Federal Government Awards Grants to Help Transit Agencies Roll Out Contactless Payments and Mobile Ticketing

Feb 18 2021

NFC TIMES Exclusive Insight – U.S. public transit agencies have been keen to remove cash and paper tickets from their buses and trains and to keep more distance between customers and agency staffers because of the Covid-19 pandemic. Now they are getting a new boost from the U.S. federal government in the form of grant funds to enable them to enhance contactless and mobile payments systems, among other measures.

German Transit Agency Plans to Complete Open-Loop Rollout on Buses and Trains This Quarter, Expand to Other Mobility Later

NFC TIMES Exclusive Insight – German transit agency SWB Bus and Bahn plans to fully roll out its contactless EMV fare payments service BONNsmart to its bus and train lines by the end of the first quarter, after launching a pilot last fall, confirmed a spokesman, who added that plans call for eventually expanding the contactless service to payments for parking and such micromobility modes as e-scooters.

Large Private U.S. Bus Company Latest to Adopt Mobile Ticketing in Covid Era

NFC TIMES Exclusive Insight – Academy Bus, a large private commuter and charter bus company serving the U.S. East Coast, has launched its first mobile-ticketing service with the SilverPass app, enabling commuters to purchase digital tickets with credit cards or employer benefit cards.

LA Transit Authority Introduces Virtual TAP Card on Android, Complementing Earlier Launch with Apple

Feb 2 2021

NFC TIMES Exclusive Insight – The Los Angeles County Metropolitan Transportation Authority, or Metro, has followed through with plans to offer Android NFC phone users a way to pay fares with the agency’s TAP closed-loop fare card.

Penetration Rates for Contactless Payments Saw Strong Growth in 2020, including in U.S., Say Networks

NFC TIMES Exclusive Insight – The CEOs of both Visa and Mastercard in their respective earnings calls yesterday confirmed that contactless payments continued to grow as a share of all face-to-face card payments, with consumer fears of handling cash building on already strong growth trends for the technology.

Moscow Metro Sees Continued Growth in Open-Loop Transactions Despite Fall in Ridership from Covid

NFC TIMES Exclusive Insight – The Moscow Metro saw a large increase in contactless open-loop transactions in 2020, despite a sharp fall in ridership because of the Covid-19 pandemic, according to Roman Latypov, a first deputy CEO for the transit agency.

Visa Increases Support for Analog Watches and Other Passive Wearables

NFC TIMES Exclusive Insight – Visa is supporting another provisioning company, Sweden-based Fidesmo, to deliver and manage Visa-generated tokens to passive wearables, such as analog designer watches, keyrings and bracelets. The move, which follows Visa’s support in recent months for at least one other provisioning company serving an analog watchmaker, promises to expand use of payments wearables to more issuers, markets and devices.  

U.S. Transit Agency in Pennsylvania Latest to Launch Mobile and Smart Card Ticketing with SaaS Platform

NFC TIMES Exclusive Insight – A mid-tier U.S. transit agency in Pennsylvania is the latest to introduce mobile ticketing with an option for riders to use smart cards to pay for fares, using a software-as-a-service ticketing platform from a start-up.

New York’s MTA Hits OMNY Milestone as Contactless EMV Transactions Continue to Grow

NFC TIMES Exclusive Insight – New York’s Metropolitan Transportation Authority has recorded more than 35 million contactless transactions since it launched its OMNY open-loop fare payments service in May of 2019, and usage continues to increase.

Milan Transit Operator Plans to Give Contactless EMV Fare Payments Larger Role, Including Use with Planned MaaS Platform

NFC TIMES Exclusive Insight – Milan’s public transit operator, Azienda Trasporti Milanesi, or ATM, which began accepting contactless credit and debit cards on its four-line metro in 2018, has begun to expand the EMV payments service to buses. But the agency has much larger plans for the technology.

Boston Transit Authority Makes Aggressive Move to Eliminate Cash in Planned Fare-Collection System

NFC TIMES EXCLUSIVE Insight – The Massachusetts Bay Transportation Authority, or MBTA, in Boston plans to completely do away with cash fare payments on its various transport modes when it rolls out its massive new fare-collection system, an MBTA official told attendees during a recent virtual conference.

Israel Launches Nationwide Mobile-Ticketing Scheme; Moovit, Others Provide Apps

NFC TIMES Exclusive Insight – Israel this week launched a nationwide mobile-ticketing system, enabling riders to pay for trips on buses and later on railways, with the charges assessed at the end of each month.