Topic “Switzerland”

Analysis: Apple Chips Away at Fortress Europe with Another Major Bank Planning to Join Apple Pay

By: 
Dan Balaban

NFC TIMES Exclusive Insight – With Switzerland’s No. 2 bank, Credit Suisse, expected to participate in Apple Pay, the U.S.-based tech giant continues to chip away at resistance among major European banks to joining its digital payments service.

Swatch Expands Payments Service–Provides Affordable Analog Alternative to Smartwatches

Jan 21 2019

NFC TIMES Exclusive Insight – Swatch, one of the world’s largest watchmakers, has expanded its contactless-payments service to its home base of Switzerland, launching the restyled SwatchPAY! service with seven card issuers Thursday. A spokeswoman told NFC Times the company plans to expand the service to other European countries this year. 

Samsung ‘Officially’ Launches First Pays Service in Nordics and Middle East; Expands Beta to Two More Countries

NFC TIMES Exclusive Insight – Samsung today said it had “officially” launched its mobile payments service, Samsung Pay, in Sweden and the United Arab Emirates after “early-access launches” in these countries, making it the first of the global “Pays” wallets to fully launch in either the Nordics or the Middle East.

Netcetera Acquires Longtime NFC Tech Supplier Nexperts, as It Seeks to Expand Multichannel Offer to European Banks

NFC TIMES Exclusive – Switzerland-based payments software company Netcetera acquired longtime NFC technology supplier Nexperts of Austria to deliver a multich

Swiss Competition Officials Decline to Investigate Apple Pay Antitrust Complaint for Now

NFC Times Exclusive – A few days ahead of the official launch of Apple Pay in Switzerland earlier this month, Swiss consumer protection group Konsumentenschutz SKS filed a complaint with the Swiss competition officials, contending that Apple’s policy of locking down the embedded chips in its NFC devices is “monopolistic” and is a violation of the country’s antitrust laws. The regulator, however, has declined to launch a formal investigation, deciding to continue to observe the market for now, NFC Times has learned.

Analysis: Apple Sees Familiar Pattern with Apple Pay Launch in Switzerland

NFC Times Exclusive – Apple’s expansion into Switzerland late last week with its Apple Pay service followed a familiar pattern, as in many of the other new markets the tech giant has expanded its payments service in: support first comes from relatively small issuers while major banks hold out.

Apple to Launch Payments on Web; Pursues Divide-and-Conquer Strategy for Signing Up Banks

NFC Times Exclusive Insight – Apple, as expected, will bring its payments service to e-commerce purchases and to three new marketsFrance, Switzerland and Hong Kongthe tech giant announced during its Worldwide Developers Conference Monday.

UPDATED: Switzerland: Shared NFC Wallet to be Deployed by Three Telcos This Year

Scope: 
Rollout
Status: 
In progress
Launch: 
Jul 2014
Main Application: 
Payment
Users: 
N/A

Switzerland’s other two major telcos, Orange and Sunrise, are expected to launch the Read more »

Swiss Telcos to Share Tapit NFC Mobile Wallet Platform

Aug 6 2014

Swiss telco Swisscom has launched an NFC mobile wallet app called Tapit, with the country’s two other major telcos expected to follow later in 2014.

Switzerland: Banks Test Mobile payWave Among Employees

Scope: 
Trial
Status: 
Completed
Launch: 
Sep 2008
Main Application: 
Payment
Users: 
170

The three-month internal trial had employees of Credit Suisse, Swisscard and SIX Multipay tapping their Nokia mobile phones preloaded with Visa payWave applications to pay for meals at staff restauran

Results: 

Over 90% of employees who took part in the internal trial said they liked the ease and convenience of NFC. A large percentage said they wanted to be able to use contactless payment at kiosks and public transport ticket dispensers, according to co-organizer Credit Suisse. The bank also said a survey conducted among cashiers involved in the trial “has also confirmed that contactless technology accelerates and simplifies the payment process in comparison to cash.”

 

 

* Trusted Service Manager: Defined loosely to include companies or other organizations securely distributing, provisioning and managing applications, generally over the air, on secure elements in NFC mobile phones; or licensing their platforms for this purpose.

N/A: Not available or not applicable.

HEADLINE NEWS

Smaller Slovakian Bus Agencies Support Virtual Cards in Google Pay

Two mid-tier bus operators in Slovakia are among the latest to enable their customers to tap virtual closed-loop transit cards in Google Pay to pay fares, using a provisioning service from NXP Semiconductors.

Case Study: BONNsmart Project Seeks to Introduce Open-Loop Payments to Cash-Loving Germany

SWB Bus and Bahn, the transit agency serving the city of Bonn, is the first such operator in Germany to accept contactless EMV payments.

Moovit Moves Forward to Enable Ticketing and Payments in App with More Transit Agencies

NFC TIMES Exclusive – Large trip-planning app provider Moovit has enabled customers of more than 50 mostly small transit agencies in the U.S. to buy mobile tickets it its app, with more agencies to come, the company confirmed to Mobility Payments.

Cubic: Recent MaaS Company Failures among Signs Pointing to Need for ‘MaaS 2.0’

There is little disputing the fact that mobility as a service has not yet lived up to its hype. And the industry’s largest automated fare collection system provider, Cubic Transportation Systems, said it believes that going forward, public transit services need to form the backbone of MaaS platforms, along with enabling more demand-responsive transport.

State of California Seeks to Change Way Transit Agencies Procure Fare Systems

As the California Department of Transportation, or Caltrans, sees it, the state’s more than 300 local transit agencies offer a fragmented and inefficient mix of fare collection systems–a fact it says discourages many potential riders among the state’s nearly 40 million residents from taking public transit.

Google Launches Ticketing in Maps after Delays; but Search Giant Says It has No Plans to Build MaaS App

Google has finally enabled users to initiate purchases of public transit tickets from its Maps app, following delays. Meanwhile, rival trip-planning app providers Moovit and Transit have been quietly moving forward with signing up most of the same small U.S. transit agencies to sell tickets in their apps.

Washington, D.C.’s, SmarTrip Latest Closed-Loop Fare Card Added to Pays Wallet

NFC TIMES Exclusive Insight – The Washington Metropolitan Area Transit Authority, or WMATA, as expected, has added its closed-loop fare card SmarTrip to Google Pay, following support by Apple Pay for the card last year.

Open-Loop Payments Trial at Small California Transit Agency Could Lead to More Rollouts in Giant State

NFC TIMES Exclusive Insight – California public bus agency Monterey-Salinas Transit on Tuesday officially launched a six-month “demonstration” project to pilot contactless open-loop payments. While the agency is very small, providing only around 3,500 rides per day last year, the launch holds much greater significance.

Cubic Announces Two More Small Transit Agencies Launching Umo, as Company Seeks to Broaden Market Reach

NFC TIMES Exclusive Insight – U.S.-based Cubic Transportation Systems has announced contracts with two more small U.S. transit agencies to move to Cubic’s Umo ticketing platform, as the large automated fare-collection system vendor seeks to broaden its market reach.

In-Depth: Transit Agency Sells Passes for Bikes and Buses through Trip-Planning App, though Cash Still Reigns

NFC TIMES Exclusive Insight – RTC of Southern Nevada, the main transit agency serving Las Vegas and the surrounding region, now enables customers to buy passes for bike share in addition to tickets for buses through the trip-planning Transit app. Although the implementation is relatively small, project backers say Las Vegas is the first U.S. city to launch bike share and transit passes in the same app.

Budding MaaS App Hits Milestone for Public Transit Tickets but Share of Total Rides Still Low

NFC TIMES Exclusive Insight – U.S.-based trip-planning app Transit announced it has enabled 500,000 rides from its app for a group of 13 small to mid-tier transit agencies based in the state of Ohio, though mobile ticketing still makes up a small percentage of total rides provided by the agencies.

Insight: Apple Pay Launch of Virtual Closed-Loop Virtual Clipper Card Follows Emerging Trend

NFC Times Exclusive Insight – Although the trend for transit agencies to support open-loop fare payments, including with Apple Pay, Google Pay and other Pays wallets, has continued unabated–even accelerated–during the pandemic, another trend is taking shape: That of agencies adding virtual versions of their closed-loop fare cards into the Pays wallets.