Topic “Isis Mobile Wallet”

Softcard Cuts Jobs, Restructures, in Sign that Telco Owners are Losing Patience with Joint Venture

NFC Times Exclusive Insight – Softcard’s jobs cuts are more severe than earlier reported, and the layoffs are a sign that the mobile carriers making up the joint venture have rejected a 2015 budget proposed by management of the struggling NFC wallet, NFC Times has learned.

Isis Reports Increased Wallet Activations; No Data Yet on Transactions

Activations of the Isis Mobile Wallet were up substantially in the past month, meaning more users are registering their email addresses and setting up wallet PINs after either downloading the wallet app or using a preloaded app, though Isis remains coy about how often users are actually tapping to pay six months after the wallet’s national launch.

Cashwrap iPhone Cases for Isis Mobile Wallet Make Debut with Verizon

Incipio’s Cashwrap NFC case to enable iPhone owners to use the Isis Mobile Wallet is available for Verizon Wireless, the accessories maker announced Thursday.

The Year Ahead for NFC: Telcos Finally Ready to Roll Out, But Alternatives to SIMs Multiply

Jan 7 2014

NFC Times Exclusive: As 2014 unfolds, the NFC ecosystem appears as unsettled as ever, with embedded secure chips expected to compete with NFC SIMs in several markets to store applications, and Google throwing its weight behind an alternative that could eventually enable service providers to avoid secure elements altogether.

Wells Fargo Joins Isis Mobile Wallet for Pilot

Wells Fargo bank has announced it will make a Visa credit card available in the Isis Mobile Wallet, but only as a trial phase for now.

Isis Provides Peek at New Wallet; Offers Simplified Interface for National Launch

NFC Times Exclusive: As it prepares to launch its national rollout, the Isis joint venture seeks to simplify the user interface for consumers to conduct payments and redeem offers and rewards with the second version of its mobile wallet.

As Isis Moves to National Stage, Take-Up in Two-City Pilot Shows Much Work Lies Ahead for Telco Joint Venture

By: 
Kiona Smith-Strickland and Dan Balaban

NFC Times Exclusive: As the Isis joint venture gears up for its planned national rollout, NFC Times looks at the view on the ground in its pilot cities of Austin, Texas, and Salt Lake City, Utah, from the perspective of merchants and consumers.

Isis Picks Up Support from Two of its Pilot Issuers for National Rollout

While use by consumers of the Isis Mobile Wallet is believed to have been low, in general, in the pilot cities of Austin, Texas, and Salt Lake City, Utah, at least two issuers appear to be sufficiently convinced of the concept to move forward with Isis on its national rollout.

Isis Learns Lessons as It Moves Toward Expansion

As the Isis joint venture gears up for a planned commercial expansion, a senior member of the technical staff at its largest member telco, Verizon Wireless, noted that testing, certification and getting the customer experience right has required much work.

Isis Announces Plans for National NFC Rollout for This Year

The Isis joint venture has announced its long-anticipated U.S. national rollout, which is to begin later this year, with the JV and its member mobile carriers–Verizon Wireless, AT&T Mobility and T-Mobile USA–deeming the NFC ecosystem and their own Isis mobile-commerce platform ready for a large-scale expansion.

HEADLINE NEWS

Amazon Launches Largest Checkout-Free Store; Clerks and POS Terminal Vendors Need Not Worry…Yet

NFC TIMES Exclusive Insight – Ecommerce giant Amazon expanded its no-checkout concept to its first “full-sized” supermarket Tuesday, in its headquarters city of Seattle, enabling shoppers to scan an app upon entering, pull products off of shelves and “just walk out,” with hundreds of cameras and numerous sensors having recorded everywhere the shoppers went in the store and everything they put into their shopping carts. A card on file in the app is charged as the customers leave.

Czech Banks See Growing Use of NFC Wallets with Smartphones and Wearables for Contactless Payments

Feb 18 2020

NFC TIMES Exclusive Insight – Banks in the Czech Republic say they are seeing significant and growing use of NFC-enabled smartphones and wearables, ranging from 6% to nearly 25% of all contactless payments–three banks told NFC Times–although a large majority of consumers continue to tap their contactless cards, not NFC devices, for in-store payments.

Brussels Transit Operator Sees Need for Global Interoperability of Fare Payments; Compares Benefits to Mobile Roaming

NFC TIMES Exclusive Insight – The head of information systems for a major European transit operator says he believes public transit agencies should support interoperable fare payments globally, like mobile network operators offer roaming when their customers travel abroad.

Oyster Card Here to Stay Despite Strong Growth of Contactless Fare Payments in London

NFC TIMES Exclusive Insight – As more and more transit authorities globally seek to emulate Transport for London’s success in gaining widespread adoption for contactless open-loop fare payments, they should take note that London’s closed-loop Oyster card remains popular, even among visitors to the city.

In-Depth: Tokenization Figures Demonstrate Majority of Mobile Payments Conducted Online

NFC TIMES Exclusive Insight –  Recent research and forecasts have confirmed what industry observers already knew: Despite concerted efforts by the Pays wallets to gain widespread use of mobile payments in the U.S. at the physical point of sale, the large majority of mobile payments are conducted online, not by tapping NFC phones or wearables in stores.

Visa and Mastercard Forecast More Growth in Contactless in U.S., Spurred in Part by New York Fare Payments Service

NFC TIMES Exclusive Insight - The heads of the two largest payments networks in the U.S., Visa and Mastercard, predict strong growth for contactless payments in the U.S., with Mastercard CEO Ajay Banga noting that 70% of U.S. Mastercard-branded cards in the U.S. are coming up for reissue over the next 12 to 14 months, and most of these cards will be issued with a contactless interface. A large number of Visa-branded cards will be reissued with a contactless interface during that period, as well.

Transport Officials in Sydney See Growing Demand for Contactless Fare Payments but Have No Plans to Retire Closed-Loop Opal

NFC TIMES Exclusive Insight – Transport officials in Australia have released figures on use of contactless payments in Sydney and New South Wales, showing that customers tap their contactless credit and debit cards and NFC devices for an average of 1.5 million transactions per week, accounting for a relatively small but respectable number of transactions.

Insight: Moovit and Cubic Betting that MaaS Can Help U.S. Transit Agencies Regain Lost Ridership

Jan 24 2020

NFC TIMES Exclusive Insight – With public transit ridership decreasing in most large U.S. cities over the past five years, transit authorities are more open to becoming part of Mobility-as-a-Service platforms, which could potentially increase ridership for their rail and bus networks while offering customers options for the first and last mile. 

Philadelphia Transit Authority Confirms Plans for Launch of Open-Loop Payments after Delays

NFC TIMES Exclusive Insight – The Southeastern Pennsylvania Transportation Authority, or SEPTA, in Philadelphia plans to introduce open-loop payments of fares, with a pilot scheduled for around June, a spokesman confirmed to NFC Times. It makes SEPTA part of a small but growing number of U.S. transit agencies that are accepting payments of fares from contactless bank cards and NFC wallets or are planning to do so.

Contactless Payments of Fares Gets Slow Start in Miami, According to Figures

NFC TIMES Exclusive – Take-up of open-loop contactless payment of fares in Miami-Dade County, Fla., has been slow so far, more than four months after transit

Mobility as a Service Continues to Get Rolling with Uber Expanding Service to Second U.S. City

NFC TIMES Exclusive Insight – Mobility as a service is expected to reshape the traditional transport industry, and while it is just getting rolling, the pace is starting to pick up. The latest bit of momentum came this week when global ride-hailing service Uber announced it will enable mass transit riders to buy and redeem tickets from its app in a second U.S. city, Las Vegas.

Contactless EMV Card Rollout in U.S. to Pick Up Speed in 2020, but Shape of Adoption Remains Unclear

NFC TIMES Exclusive Insight – With contactless EMV cards expected to have a significant footprint in the U.S. in 2020, the debate continues over whether the rollout will promote or harm take-up of NFC mobile payments and whether contactless open-loop transit payments will make a real impact on use of contactless at the retail point of sale.