Topic “Osama Bedier”

Chase Pay to Challenge Payment Networks, NFC Technology

Oct 28 2015

NFC Times Exclusive Insight – LAS VEGAS, Nev.: In a surprise move, JPMorgan Chase, the largest U.S. credit and debit card issuer by payment volume, announced plans to launch its own wallet app–along with a low-cost mobile-payments service accepted by Wal-Mart Stores and other big U.S. merchants in the MCX merchant consortium.

Google Introduces Update To Wallet App; Continues Support for NFC for In-Store Payments

Sep 20 2013

New features announced by Google today for its wallet do not support NFC, but the search giant made it clear it continues to support the technology for in-store payments.

Google Wallet Chief Bedier Departs Company as Wallet Continues to Struggle

May 13 2013

Google’s vice president of wallet and payments has left the company, following a difficult tenure for the former PayPal executive, who had tried to establish the Google Wallet for physical world payments and offers.

As Google Readies New Wallet Version, Sprint Gears Up with ‘Open’ Approach

As Google readies the launch of the next version of its wallet, expected to feature the addition of a physical payment card, other mobile-commerce players, including Google Wallet partner Sprint, are gearing up with their own offers.

PayPal: Google at Disadvantage in Rolling Out Mobile Wallet

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.

Gemalto CEO Predicts Substantial TSM Revenue in 2014; Agrees Mobile Payments Will Take Time

Gemalto CEO Olivier Piou predicted the France-based vendor would begin to see substantial recurring revenue from its trusted service management business starting in 2014 as mobile payment starts to roll out globally over the next three to five years.

Google to Introduce New Version of Wallet Next Month; iPhone App Possible

Oct 24 2012

UPDATE: LAS VEGAS, Nev. – Google plans to announce a new version of its Google Wallet by mid-November, which would include a greater role for offers and expansion of the platform to other devices, including a possible app for the iPhone, NFC Times has learned. END UPDATE.

Google to Make Wallet Announcement; Deals with Opposition from Visa, Big Banks, to Cloud Model

Oct 22 2012

Google is expected to make a major announcement next week related to its Google Wallet, NFC Times has learned.

Google Puts Wallet Phone on Sale Directly to U.S. Consumers

Apr 25 2012

Google has put an unlocked version of its Galaxy Nexus Android phone on sale for GSM networks in the United States, which would open up the Google Wallet to customers of AT&T and T-Mobile.

HEADLINE NEWS

Exclusive: Share of Contactless Rides Paid for with Apple Pay and other Pays Wallets in Manchester More than Doubles in Two Years

Transport for Greater Manchester in the UK is the latest transit agency seeing substantial growth of contactless open-loop fare payments from NFC mobile wallets–with the percentage of its contactless tram trips paid for with Apple Pay, Google Pay and other Pays services more than doubling over the past two years, NFC Times' sister publication Mobility Payments has learned.

Fifth Transit Agency to Conduct Open-Loop Payments Trial, Testing California’s ‘Mobility Marketplace’

California transit agency Santa Cruz Metropolitan Transit District said it plans to launch a pilot of contactless open-loop payments in early 2022, as it seeks to increase customer convenience and reduce use of cash on board its buses, NFC Times' sister publication Mobility Payments has learned.

In-Depth: Contactless Transactions Soar, but Transport for London Affirms that Oyster Will Remain Payments Option

Contactless open-loop payments have surged in recent months for Transport for London, returning to their steep growth trajectory before the pandemic, and now account for 70% of all pay-as-you-go, or PAYG, trips on the London Underground and two-thirds of PAYG trips on buses. And contactless has surpassed 50% of all trips–including those made with season tickets (see chart below).

Transport for London to Offer Weekly Fare Capping with Oyster Cards; Move Expected to Drive Even More Riders to Pay as You Go

In a move expected to make Transport for London’s pay-as-you-go model even more dominant and further erode support for season tickets and other period travel passes, the agency today said it will i

Sydney Transit Official: Opal Card Not Going Away, Despite Growth of Contactless

Sydney-based Transport for New South Wales, Australia’s largest transit agency, has no plans to phase out or de-emphasize its closed-loop Opal card, despite strong adoption of contactless open-loop

Dallas Latest City in U.S. to Accept Open-Loop Fare Payments

Dallas Area Rapid Transit, or DART, has become the latest transit agency in the U.S. to accept contactless open-loop payments, joining just four other U.S. agencies that support the technology, not counting small open-loop pilots happening in California.

While Interest is Growing in Going Cashless in U.S., Few Agencies have Accomplished the Feat So Far

The Greater Dayton RTA, which this month stopped accepting paper passes and tickets, will hit its Nov. 1 deadline to go completely cashless on board its vehicles, an agency representative confirmed to Mobility Payments.

Germany’s Largest Transit Operator Continues with Large Open-Loop Pilot on Buses; No Decision Yet on Rollout

Germany’s largest transit operator, BVG, said its pilot of contactless EMV payments extends to all of its nearly 1,500 buses, and the company has eliminated cash acceptance on board the vehicles, a spokesman confirmed to Mobility Payments. But officials in Berlin have not yet decided whether to make the contactless payments service permanent, he added.

Fairtiq App Sees Rising Usage as Covid-Era Riders Demand More ‘Touchless’ and PAYG Fare Options

Switzerland-based start-up Fairtiq said transactions for its fare-payments technology have more than double since February, as Covid-wary riders continue to seek what they consider to be more hygienic payments methods, as well as more pay-as-you-go options.

‘No Way We were Going to Ask for Half a Billion Dollars…’

Unlike other major transit agencies in the U.S., which have spent hundreds of millions of dollars replacing or upgrading their fare-collection systems, the Los Angeles County Metropolitan Transportation Authority has taken a different approach.

Apple's Digital Driver’s License Initiative Not Only One Progressing in U.S.

NFC TIMES Exclusive Insight – Eight U.S. states will soon allow residents to store a digital version of their driver’s license or state identification card in the Apple Wallet, the tech giant announced, noting that the Transportation Security Administration, or TSA, will accept the digital ID at airport security checkpoints and lanes. 

UK Bus Operator Go-Ahead Reports Cash Usage has Plummeted Because of Covid, While Contactless Transactions have Surged

The Go-Ahead Group, one of the big five privately owned public bus operators in the UK, said today it has seen cash usage on board the nearly 3,000 buses it runs in England outside of London fall to 23% of transactions, down from 53% three years ago.