Topic “Square”

Feature: How Do Mobile Payments Fit into an Omnichannel World?

By: 
K.N. Smith

NFC TIMES Exclusive Insight – As retailers and payments services providers increasingly try to connect and track consumer transactions across online and in-store channels, mobile payments must function as part of an omnichannel payments ecosystem, say industry observers.

Square Introduces Square Cash for In-Store Purchases With Apple Pay, as Expected

NFC Times Exclusive Insight – Square CEO Jack Dorsey announced Tuesday that the payments company is making its Square Cash service available for in-store payments with Apple Pay. NFC Times was first to report the planned move Nov. 1.

Square Plans to Make Square Cash Available in Apple Pay Wallet to Enable Customers to Tap to Pay in Stores

NFC Times Exclusive – Payments company Square is preparing to make its Square Cash service available as a prepaid payment application for Apple Pay in the U.S., which would enable Square Cash money-transfer users to tap for purchases in stores, NFC Times has learned.

Broadcom and Other Suppliers Target Emerging Market for mPOS Devices Supporting NFC

NFC Times Exclusive – U.S.-based chip vendor Broadcom is the latest component supplier to make a play for the market for NFC-enabled mobile point-of-sale devices, expected to see strong demand as mobile-payment services like Apple Pay continue to expand.

Square Acquires Payment Processing Tech Vendor Kili; May be Planning NFC mPOS, but Will it Keep DeviceFidelity?

Mar 13 2015

NFC Times Exclusive Insight – UPDATED: Mobile point-of-sale device supplier Square has acquired payment processing component vendor Kili Technology, the same vendor that purchased NFC accessory vendor DeviceFidelity in November, but Square does not plan to keep DeviceFidelity, a source connected with Square told NFC Times.

Gemalto CEO: Google Wallet 2.0 Won’t Hurt TSM Business

Google’s new cloud-based wallet will not hurt demand for trusted service management services, contends Gemalto CEO Olivier Piou, who also said he sees little threat to NFC rollouts from such cloud-based mobile-payment services as those planned by Square and PayPal.

Google Wallet Co-Founding Engineer Departs Google for Square

Apr 3 2012

Google Wallet co-founding engineer Rob von Behren has left Google for payments startup Square, following former colleague Jonathan Wall in departing the Web giant.

Intuit Develops NFC App for M-Payment Service on Android Phones

U.S.-based Intuit is demonstrating an NFC mobile-payment application for Android NFC phones that it says could enable small merchants to accept credit card payments with a tap of their phones on the NFC phones of customers.

Barclaycard Plans Contactless Stickers and Wristbands

Oct 1 2010

Barclaycard confirmed it is working on contactless stickers and wristbands in addition to its contactless card and planned NFC mobile-payment rollouts.

HEADLINE NEWS

‘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.

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.

Transit Operator Arriva Launches MaaS App in Netherlands; Hints at Expansion to Other European Countries

Arriva, one of the largest private transit operators in Europe, has launched a mobility-as-a-service app in the Netherlands, using white-label software from Israel-based trip-planning app provider

Cal-ITP: Agencies in California Could Hold ‘Several More’ Open-Loop Fare Payments Pilots

The California Integrated Travel Project, or Cal-ITP, is “on track to have at least several more” open-loop pilots or demonstration projects, a spokeswoman for the program told Mobility Payments.

Exclusive: Australia’s Transport for New South Wales Sees ‘Significant Increase’ in Use of Mobile Wallets by Riders

Mobile wallets now make up more than half of all contactless payments for Transport for New South Wales, Australia’s largest transit agency, the agency confirmed to Mobility Payments.

Start-Up Aims to Encourage More Taxi Drivers to Accept Bank Cards for Fares in Turkey

A Turkish start-up hopes to entice more taxi drivers to accept contactless credit and debit cards using SoftPOS terminals on Android smartphones, under a scheme being rolled out by the local fintec

Moscow Metro Launches Test of Facial Recognition Fare Payments Ahead of Rollout; Agency Says Masks Can Slow Verification

Moscow Metro announced that it is officially testing facial recognition-based fare payments at turnstiles, with plans to roll out the technology by the end of the year.

Major Transit Agency to Test Virtual Closed-Loop Cards with Google Pay

Aug 8 2021

Moscow Metro is launching a trial of a virtual version of its closed-loop Troika card that will be added to the Google Pay wallet, the agency announced Wednesday.

WMATA in D.C. Rolling Out New Terminals but has No Immediate Plans to Support Open Loop

The Washington (D.C.) Metropolitan Area Transit Authority last month started to replace 1,200 aging fare gates for its 91-station metro system and starting next year will do the same with 20-plus year-old fareboxes on board 1,500 buses, including upgraded readers for its closed-loop SmarTrip cards.

Visa Touts Growth in Contactless, Continues to Push Open-Loop Payments

Visa reported this week that contactless payments continued to climb as a percentage of all face-to-face transactions with its brand, mainly at retail, and among the uses the network is continuing to push for contactless is to pay for transit fares.

MaaS Global CEO: Transit Agencies Should Not Control MaaS Platforms

Sampo Hietanen, founder and CEO of Finland-based MaaS Global, agrees with most other industry experts that public transit should form the “core” of the mobility services on offer in any MaaS app or platform. But he contends that it would be a mistake for the agency itself to control the platform.

Case Study: German City First to Go Live with Check-in/be-out System in Country

Despite the growing popularity of contactless, NFC and QR-code technologies for electronic fare-collection, some transit agencies are experimenting with other technologies to collect fares.