Features Section

Printer of NFC Lexus Ad: Other Advertisers Interested, Though Waiting for Apple

By: 
Dan Balaban

Despite the added costs, NFC is attracting interest among advertisers of print publications, according to the large printing house that produced a high-profile magazine ad for luxury car brand Lexus.

Some Banks Continue to Look for Alternatives to SIM-based NFC

By: 
Dan Balaban

While mobile operators continue to push for the SIM card to become the de facto secure element in NFC phones, some banks and other service providers are still seeking alternatives.

South Korea Takes Lead Globally in NFC Rollouts with Millions of Phones and SIMs

By: 
Dan Balaban

While mobile operators in most other countries are still struggling to roll out even scant volumes of NFC phones that can do payment, ticketing and other applications, South Korea’s telcos have already crossed the 5 million-phone mark–including NFC versions of such high-profile devices as the Samsung Galaxy S II and Galaxy Note.

The Year Ahead for NFC: Major M-Commerce Rollouts Unlikely Until 2013

By: 
Dan Balaban

2012 was going to be the year that the new era of NFC-based mobile commerce had finally arrived–with Google Wallet rolling out widely, mobile operators in the U.S. and Europe making significant inroads with their own mobile wallets and big Asian m-commerce players generally commercializing NFC, as well.

Maker of Rugged Phones Enters NFC Market; is Its Price Right?

By: 
Dan Balaban

Sonim Technologies, the maker of rugged work phones, has introduced its first NFC-enabled handset, betting that cleaning companies, security guard firms and home-health care agencies are ready for a more durable–and higher-priced–NFC phone for workforce management.

UK Contactless to Reach a Tipping Point in 2011?

By: 
Dan Balaban

Contactless payment continues to grow rapidly in the United Kingdom, but transaction volume is still low, and it remains open to debate whether 2011 will be a tipping point for the technology.

Report: Vast Majority of Consumers Will Need Push to Use NFC Payment

By: 
Dan Balaban

Fewer than 2% of consumers are “highly likely” to adopt NFC payments immediately after the technology is rolled out, according to UK-based research firm Datamonitor.

Analysis: Quick Tap Launches Fast but Expect Slow Take-up

By: 
Dan Balaban

Mobile operator Orange UK and payment issuer Barclaycard face challenges as they seek to get their “Quick Tap” service off the ground, say UK analysts.

Infineon to Focus on Market for NFC Secure Elements

By: 
Dan Balaban

Germany-based chip maker Infineon Technologies has no plans to join its rivals in producing NFC chips–instead focusing on secure elements that can store payment and other applications in NFC phones.

M-Pesa Mobile-Money Service to Use NFC? Not Anytime Soon

By: 
Dan Balaban

The business development lead for Vodafone Group’s mobile payment solutions unit, which runs the popular M-Pesa mobile funds-transfer service in Kenya, said the telco has no plans to introduce NFC to the offer.

HEADLINE NEWS

In-Depth: Persistent Consumer Security Fears about Mobile Payments Prove Difficult to Dislodge

NFC TIMES Exclusive Insight – Results of yet another survey has shown that a significant percentage of U.S. consumers continue to harbor security fears about using their smartphones for payments, a stubborn problem that has hindered growth of mobile payments from the beginning.

Mobile Suica Still Accounts for Disappointing Share of Suica Users and Transactions in Japan

NFC TIMES Exclusive – While Apple Pay next month will mark the 5th anniversary since its launch in the U.S., there is another contactless-mobile payments service that is three times as old as Apple Pay–Japan’s Osaifu-Keitai, or wallet phones, which this year turned 15. 

Rome Latest Transit System to Launch Open-Loop Fare Collection; also Enables Monthly Passes with EMV Cards

NFC TIMES Exclusive Insight – Rome has become the second major city in Italy–and one of a small but growing number of large cities globally–to enable riders to pay transit fares with EMV contactless credit, debit and prepaid cards and NFC devices.

Vivo Last of Major Chinese Smartphone Makers to Officially Launch NFC Pays Wallet

NFC TIMES Exclusive Insight – Vivo, China’s second largest smartphone maker, made it official this week, launching its NFC-enabled “vivo Pay” wallet, the last of the major Chinese phone OEMs to roll out NFC payments–though their use has been disappointing, at least for payments in stores.

In-Depth: Fit Pay’s Troubles Indicate Difficult Business Case for Provisioning to Wearables

Sep 19 2019

NFC TIMES Exclusive Insight –  Given the poor financial results of U.S.-based Fit Pay, it’s becoming clear that the business case for provisioning of payment cards to wearable devices remains difficult.

Analysis: Chase Pay Latest Bank Wallet to Shut Down; Why Did They Fail?

NFC TIMES Exclusive Insight – Plans disclosed this week by JPMorgan Chase to shut down its Chase Pay app for in-store purchases is yet another nail in the coffin–perhaps the final one–for bank wallets in the U.S. And the situation does not look much brighter for bank-issued wallets abroad.

Miami Latest U.S. City to Introduce Open-Loop Transit Payments

NFC TIMES Exclusive Insight Transit officials in Miami-Dade County, Fla. are the latest in the U.S. to introduce open-loop payments of fares with contactless credit and debit cards and bank card credentials on NFC wallets, launching the service yesterday on the city's relatively small metro network, with plans to expand to buses later.

UK Tram Riders Take to Tapping with NFC phones to Pay for Fares, According to Early Results

NFC TIMES Exclusive – Transport for Greater Manchester, which last month launched open-loop payments on its large Metrolink tram network, said Thursday that contactless credit and debit cards and NFC wallets accounted for a combined 170,000 rides during the first four weeks of the service.

In-Depth: NFC Wallet Use for Open-Loop Transit Grows but Still Makes Up Relatively Small Share of Contactless Payments

NFC TIMES Exclusive – When New York City transit officials announced Tuesday that the 1 millionth ride paid for through their new OMNY open-loop payments service had arrived ahead of schedule, they also proudly noted that 80% of the contactless payments had come from NFC wallets, not physical bank cards. 

PayPay Gets Off to Quick Start as One of Many Digital Payments Services in Cash-Loving Japan

NFC TIMES Exclusive Insight – As Japan continues to fight what to date has been a losing battle against cash, an announcement by the joint venture behind QR code-based payments service PayPay offers a little bit of encouragement. 

Research Firm Projects Use of NFC Mobile Wallets in U.S. to Remain Disappointing This Year

NFC TIMES Exclusive Insight – As Apple Pay approaches the fifth anniversary of its launch in the U.S., there is more research showing that most American consumers simply don’t see the value of tapping to pay with NFC-based payments services. 

In-Depth: Five Years After Transport for London Launched Contactless Across Its Transit Network, UK Open-Loop Rollout Remains Uneven

Aug 15 2019

NFC TIMES Exclusive Insight – Five years ago next month, Transport for London introduced open-loop contactless payments across its transit network, including metro, trams and commuter rail, following an earlier launch on buses. The service now accounts for more than half of all pay-as-you-go journeys and has become a global showcase for the technology.