Topic “Hungarian Mobile Wallet Association”

Magyar Telekom Launches Hungary’s First NFC Payments Service; Hopes to Avoid Threats to SIM-Based NFC

Dec 11 2014

NFC Times Exclusive – Hungary’s largest telco, which last week launched NFC payments commercially, believes it can avoid problems and threats encountered by other telcos launching

Hungary Concludes Year-Long NFC Trial, Prepares for Commercial Launches

As the Hungarian Mobile Wallet Association prepares to enable its members to commercially launch NFC mobile payments, it has released the results of its 12-month NFC payments and loyalty pilot along with a survey of users.

Hungary's Largest Bank Plans NFC Rollout Despite Recent QR-Code Payment Launch

May 15 2014

The launch of a QR code-based mobile wallet by Hungary’s largest bank, OTP Bank, and Hungary-based mobile-payments technology supplier Cellum, along with MasterCard Worldwide, is not expected to interfere with plans by the bank to launch NFC-mobile payments later in 2014.

Slovak Telekom to Launch PayPass Application; Hungary’s NFC Launch Expected Later This Year

May 14 2014

NFC Times Exclusive: Slovakia’s largest mobile operator, Slovak Telekom, plans to follow its parent, Germany-based Deutsche Telekom, in launching NFC payments using a prepaid application issued by Deutsche Telekom’s ClickandBuy online payments unit, NFC Times has learned. 

Hungary Sees Encouraging Results for Pilot; NFC Launches Expected in 2014

Feb 14 2014

NFC Times Exclusive: Hungary’s three major mobile operators and its largest bank are planning to commercially launch NFC in 2014, following a mobile-wallet pilot that has demonstrated that users might be more willing to pay with their phones than with cards.

Hungarian Telcos, Bank Launch Large NFC Trial; Commercial Launch Possible This Year

Hungary’s three mobile operators and the country’s largest bank have launched a large NFC-enabled mobile wallet pilot, as part of a mobile wallet association they formed two years ago with MasterCard Worldwide and a large loyalty program operator.

Hungary Launches NFC Group to Coordinate Rollouts

Jul 27 2011

Hungary is the latest country in which mobile operators and other players plan to coordinate their rollouts of NFC services.

Hungary: Country’s Largest Bank, OTP, Plans NFC Commercial Launch

Scope: 
Rollout
Status: 
Planned
Est. Launch: 
Q3-Q4 2014
Main Application: 
Payments
Users: 
N/A

Sources told NFC Times that OTP Bank plans to commercially launch NFC payme

Results: 

N/A

Source: 
N/A

Hungary's Largest Bank Plans NFC Rollout Despite Recent QR-Code Payment Launch

The launch of a QR code-based mobile wallet by Hungary’s largest bank, OTP Bank, and Hungary-based mobile-payments technology supplier Cellum, along with MasterCard Worldwide, is not expected to interfere with plans by the bank to launch NFC-mobile payments later in 2014.

Hungary Sees Encouraging Results for Pilot; NFC Launches Expected in 2014

Feb 14 2014

Hungary’s three major mobile operators and its largest bank are planning to commercially launch NFC in 2014, following a mobile-wallet pilot that has demonstrated that users might be more willing to pay with their phones than with cards.

HEADLINE NEWS

Software-as-Service Platforms for Transit Agencies Begin to Support Open-Loop Payments

NFC TIMES Exclusive Insight – In what is believed to be a first, a transit agency in Europe plans to accept contactless credit and debit cards using a third-party software-as-a-service platform this summer, UK-based platform provider Masabi told NFC Times, although the company declined to name the agency. The project is expected to begin as a pilot.

Apple Launches Overdue Octopus Payments Service in Hong Kong, as It Continues to Seek More Transit Applications for Wallet

NFC TIMES Exclusive Insight – Apple today finally launched its Octopus transit payments service in Hong Kong on Apple Pay, nearly a year after the service was originally announced and more than two years after rival Samsung introduced a similar service in the market.

Mastercard: Contactless Payments in Europe Approach 80% of Card Transactions; Pandemic Causes More Consumers to Shun Cash

NFC TIMES Exclusive Insight – While contactless payments in Europe were already commonplace and continue to grow, the Covid-19 pandemic has created even more interest in the technology among consumers, according to a report released Thursday by Mastercard. The report includes a survey showing that consumers in eight major European markets say they use NFC-enabled smartphones and wearables for a combined 32% of all contactless transactions, a spokeswoman confirmed to NFC Times.

UPDATED: Ohio-Based Transit Agency Group Planning to Enable Mobile Ticketing Through Uber App

Jun 3 2020

NFC TIMES Exclusive – A consortium of 13 small and mid-tier transit agencies in Ohio and Northern Kentucky plans to enable customers to buy public transit tickets directly in the Uber app as early as this summer, following two other U.S. transit agencies, in Denver and Las Vegas, which have already integrated with Uber.

Samsung Details Planned Mobile-Money Service as It Seeks to Keep Pace with Rival Apple Pay

NFC TIMES Exclusive Insight – Samsung offered more details today about its Samsung Money debit card and “mobile-first” money management service for its Samsung Pay app, which it plans to launch in the U.S. this summer with personal finance fintech SoFi. Samsung had disclosed plans for the new service earlier this month.

Networks: Contactless Transactions Soar as Pandemic Takes Toll on Cash

NFC TIMES Exclusive Insight – In announcing their respective quarterly results this week, both Visa and Mastercard, as expected, discussed the major disruption that Covid-19 is wreaking on the payments business. But they also noted that there is one unexpected victim of the pandemic: cash.

Prompted by Pandemic Fears, Last of Australia’s Big Four Banks Ends Apple Pay Holdout

May 12 2020

NFC TIMES Exclusive Insight – Citing the increased demand for cashless payments because of the Covid-19 pandemic, Westpac today became the last of Australia’s big four banks to adopt Apple Pay, ending a four-year holdout that had lasted months, even years longer than its major rivals.

Insight: MaaS Backers Believe New Mobility Platforms Could Help Transit Providers Win Back Their Customers’ Trust

NFC TIMES Exclusive Insight – With Covid-19 lockdowns causing mass transit ridership in many cities to virtually fall off a cliff–with such cities as London, New York and San Francisco reporting drops of more than 90%–transport providers worry that some riders may not come back, even after the pandemic ends.

In-Depth: Government Regulation of Mobility-as-a-Service Seen as Necessary to Encourage Widespread Adoption

Apr 16 2020

NFC TIMES Exclusive Insight – Government legislation will likely be needed for widespread adoption of Mobility-as-a-Service, or MaaS, to occur, according to UK-based Juniper Research, which believes that the regulations will be necessary to force MaaS providers, including transit service providers, to work together, as well as to persuade users to get out of their cars to cut carbon emissions.

Apple Pay Expands Support for Interoperable Closed-Loop Transit Cards in China, Though Not First NFC Pays Wallet to Do So

NFC TIMES Exclusive Insight – Apple on Wednesday expanded support for closed-loop transit payments across China, incorporating China’s T-Union interoperable transit cards in its Apple Pay service.

Insight: Virus Adds Urgency to Increasing Contactless Limits but Won’t Necessarily Drive Growth in Acceptance

NFC TIMES Exclusive Insight – While the Covid-19 virus outbreak is building awareness for contactless and NFC payments and is accelerating the increase in already low contactless transaction limits in Europe, it remains to be seen how much it will convince more merchants to accept contactless in the U.S.

Exclusive: After 10 Months, Sales of Public Transit Tickets in Uber App Still Make Up Small Share of Mobile Ticketing in Denver

Mar 24 2020

NFC TIMES Exclusive – Since last May, when ride-hailing service Uber officially began enabling customers to book and pay for public transit tickets in Denver directly in the Uber app, use of the service remains relatively low, accounting for less than 3% of all mobile tickets purchased by customers of Denver public transit agency RTD, NFC Times has learned.