Topic “Visa Inc.”

Visa Inc.’s Head of Mobile Out; Execs Possibly Sidelined, as Company Shakes Up Digital Effort

Sep 1 2013

NFC Times Exclusive: As part of an apparent shake-up at Visa Inc., Bill Gajda, head of mobile, and Jennifer Schulz, responsible for the V.me wallet, are out, while the company appears to have sidelined former head of product Jim McCarthy and put global executive Elizabeth Buse back into her former position, NFC Times has learned.

Visa and Samsung Agree to Enable Payment on NFC Embedded Chips; Deal Expected to Bypass Telcos

BARCELONA – Visa and Samsung Electronics have announced a landmark agreement that will see a Visa payWave application preloaded on the embedded secure elements in forthcoming NFC-enabled Samsung devices.

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.

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.

Gemalto CEO Predicts Fast Growth in TSM Business

The chief of smart card supplier and trusted service manager Gemalto is predicting a fast-growing market for TSM services and noted the services were already contributing to profit.

Google Wallet Launches as Other Payment Networks Sign On

Visa, American Express and Discover Financial Services have agreed to work with Google to enable consumers to put their payment applications into future versions of the Google Wallet, which the Web giant launched today.

Visa’s U.S. Migration Plan for EMV Supports Contactless and NFC

Visa Inc. has announced a major new migration plan to encourage U.S. merchants to support EMV chip technology, including incentives for accepting contactless cards and NFC-phone payments.

Preparing for Mobile Payment: Visa, MasterCard and Isis Weigh in

By: 
Tom Zind

While there is much anticipation that consumers will routinely pay with their mobile phones, representatives of Visa Inc. and MasterCard Worldwide–along with their would-be challenger, the telco-led Isis joint venture–say they know most consumers will need to be convinced to use their phones to pay.

Visa Names New Global Head of Product

Visa Inc. has promoted the head of its North American bank sales unit and a former IBM employee to global head of product, the top executive post overseeing innovation, including NFC and contactless payment, among many other duties.

U.S. Banks and Telcos are Keen for the Arrival of MicroSDs

Two makers of newly developed contactless microSD cards are moving their products toward market trials, as their big U.S. payments patrons–Visa Inc. and First Data Corp.–seek to capitalize on growing demand from banks, as well as from mobile operators.

HEADLINE NEWS

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.

First Transit Agency to Sell Tickets Through Uber App Sees Relatively Few Takers Two Years on

Apr 21 2021

NFC TIMES Exclusive Insight – The Regional Transportation District of Denver was the first transit agency to work with Uber to sell its bus and light rail tickets through the Uber app in the spring of 2019. RTD later that year expanded the service to trip-planning app Transit and then last fall to the app for another ride-hailing service, Lyft.

Sydney to Test Multimodal Payments Involving Private Mobility Providers Using Digital Closed-Loop Card

NFC Times Exclusive Insight – A trial to be held later this year in Australia’s largest city, Sydney, if it proves successful, could offer one example for how agencies can encourage customers to take multimodal transport combining public and private operators. The economics behind the New South Wales government’s trial offer are unclear, however.

Rome Transit Operator: Covid Accelerates Demand for Contactless Payments but Customer Habits Hard to Change

NFC TIMES Exclusive Insight – The CIO of Italy’s largest public transit operator, ATAC SpA, said the Covid-19 pandemic has accelerated demand for open-loop contactless and mobile payments, but added that old habits are hard to break for customers and use of cash and paper tickets are still popular.

Dubai Transit Authority Plans to Launch Its Closed-Loop Card in More NFC Wallets

NFC TIMES Exclusive Insight – Dubai’s Roads and Transport Authority, or RTA, which in December first launched mobile fare payments with a digital version of its closed-loop card in Huawei smartphones, says it plans to expand the service to other OEMs, including Apple and Samsung.

Case Study: Transit Agency in Portugal Combined NFC with BLE for Mobile Ticketing; Faced Challenges

NFC TIMES Exclusive Insight – The agency that runs ticketing for 19 public bus, tram and train operators serving Porto, Portugal’s second largest city, says it has had success–and faced several challenges–with the rollout of its Anda mobile-ticketing app.

OMNY Hits New Usage Milestone as Open-Loop Payments Rollout Continues

NFC TIMES Exclusive Insight – New York’s Metropolitan Transportation Authority, or MTA, says it continues to see steady growth of its open-loop fare payments service, OMNY, announcing 50 million taps by customers using NFC wallets and bank cards to ride the massive New York City Subway and the city’s buses.

In-Depth: Contactless Open-Loop Pilot in Spain First Project from Vendor Partnership

Mar 11 2021

NFC TIMES Exclusive Insight – Bilbobus, which operates bus service for the city of Bilbao, in northern Spain’s Basque region, says it launched its recent trial of con

Moscow Metro Plans Rollout of ‘Face Pay’ Technology for Fare Collection

NFC TIMES Exclusive Insight – The Moscow Metro plans to roll out facial-recognition technology at every station by the end of 2021 to enable customers to pay fares, officials say. The project, while delayed, would be the largest of its kind globally.

Stockholm Transit Agency Launches Open-Loop Fare Payments for Multimodal Rides

NFC TIMES Exclusive Insight – Stockholm Public Transport, or SL, the city-owned company that oversees major public transport in the city, is the latest agency in Europe to launch open-loop fare collection, offering multimodal rides with a tap of a contactless EMV bank card or NFC device.

Case Study: Amsterdam Transit Operator Seeks to Go Nearly 100% Digital for Ticketing to Cut Costs and Enhance Service

NFC TIMES Exclusive Insight – GVB, Amsterdam’s largest public transit operator, says it seeks to replace an aging closed-loop fare card system and go to open-loop and other digital tokens with the planned rollout of its new account-based ticketing system.

Google Announces Plans to Enable Public Transit Ticketing in Maps App along with Rollout of Parking Fare Payments

NFC TIMES Exclusive Insight – Google has announced plans to launch public transit ticketing for more than 80 cities globally in coming weeks from its trip-planning Maps app and also to enable users to buy virtual closed-loop fare cards–starting with the Clipper card in the San Francisco Bay Area–directly from the app. That’s in addition to enabling payments for parking in more than 400 U.S. cities.