Latest News

Fed Consumer Survey Shows Security Concerns Biggest Barrier to Adoption of Mobile Payments

Mar 16 2012

Only 12% of respondents to a recent U.S. Federal Reserve Board consumer survey said they had made a mobile payment within the previous 12 months, though 25% said they were interested in using their phones as a mobile wallet.

Telefónica Announces Deal with Mobile-Payments Company Boku

Telefónica group has announced a partnership and investment in U.S.-based online mobile payments company Boku, a move that could further Telefónica’s plans to introduce NFC-based payment in its planned mobile wallets.

Sony Continues to Promote NFC Tag Reading and Device Pairing for Xperia Series

Sony has announced another NFC-enabled Android smartphone, the sola, as part of its Xperia series, one in which it introduces non-NFC-related “floating touch” technology.

Samsung Gears Up for Move into Mobile Payments with NFC Phones

Samsung Electronics is gearing up to jump into the mobile-payment market–with plans to offer a payments service from its NFC-enabled smartphones, NFC Times has learned.

Vodafone Sees Payment in NFC Wallets as ‘Business Opportunity’

Vodafone sees its planned prepaid payment service in its forthcoming NFC mobile wallets as a “business opportunity,” though it intends to enable many other applications, including payment from major banks, Christian Wirtz, group director for mCommerce told NFC Times.

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.

UK Telcos File Formal Request to EU; Await Crucial Decision on NFC JV

Mar 12 2012

The United Kingdom’s three largest mobile operators have filed their application with European antitrust regulators, seeking approval for their proposed joint venture to help them roll out NFC mobile wallets and services.

Isis Announces Terminal Vendors as It Seeks to Spotlight M-Commerce Applications

Mar 9 2012

The Isis mobile operator joint venture has announced that four major point-of-sale terminal and contactless reader vendors have licensed its mobile-commerce application, as the venture gears up for its soft launch in two cities this summer.

Google to Get More Wallet Phones on Sprint; Seeks Other Telcos

While he announced that U.S. mobile operator Sprint will introduce more than 10 additional NFC phones supporting the Google Wallet this year, Osama Bedier, who heads the wallet program at Google, revealed few other details about how the Web giant plans to boost the wallet’s market presence.

Report: Retail Giants Work on Mobile-Payments System

Retail giants Wal-Mart Stores and Target Corp. are part of a group of merchants looking at developing its own mobile wallet or payment service, though few details are available, The Wall Street Journal reported today.

PayPal Mobile Chief: Payments Not Part of Apple’s DNA

BARCELONA – Apple is unlikely to jump into the mobile payments market at the physical point of sale, as PayPal is doing–there’s not enough profit in it for Apple, contends the head of the PayPal Mobile unit.

Orange Hits Half-Million Mark for NFC Handsets in France, Though Misses 2011 Goal

BARCELONA – France Telecom-Orange has sold 500,000 NFC phones in France to date and is putting new models on sale at an increasing rate, said Thierry Millet, head of payments and contactless at Orange group.

Spanish Telcos Near Deal on NFC Working Group; PayPal Interested in Platform

BARCELONA – Spain’s three major operators, Telefónica, Vodafone Spain and Orange Spain, are finally ready to sign a memo of understanding to work together on a common platform for introduci

Isis Names First Three Banking Issuers; Keeps Focus on Soft Launch

BARCELONA – Isis, as expected, has named the first three banks planning to issue payment applications for its Isis Mobile Wallet, JPMorgan Chase, Capital One and Barclaycard US.

Chip Maker Marvell Sees Device Pairing as Key to Quick NFC Take-Up

Feb 27 2012

BARCELONA – Yet another chip maker is planning to incorporate NFC into its portfolio, with an announcement today by U.S.-based Marvell Technology Group that it would combine NFC with super-fast Wi-Fi and other wireless technologies in chips targeted for mobile and portable devices.

Samsung, NXP to Launch NFC Chips in Japan, While FeliCa Networks Seeks to Go Global

BARCELONA – Two more chip makers, Samsung Electronics and NXP Semiconductors, are planning to introduce NFC chips that support Japan’s large infrastructure of contactless readers based on FeliCa technology.

Orange UK to Launch NFC Loyalty App; Seeks to Build User Numbers

Feb 27 2012

Orange UK has announced what it calls the United Kingdom’s first mobile-contactless retail rewards scheme, enabling subscribers with NFC phones to tap smart posters to receive free food or drink items from a UK restaurant chain.

Acer Announces Second Android NFC Phone

Taiwan-based device maker Acer has announced its second NFC-enabled smartphone, the Liquid Glow, which will run Android 4.0, Ice Cream Sandwich.

London NFC Hackathon Gets Backing of Major Telco, Handset Makers, Other Brands

Feb 24 2012

The 36-hour NFC app development competition being organized by UK-based digital advertising agency Isobar for next month in London promises to be different from the other so-called “hackathons” Isobar put on in Boston and San Francisco last year.

Online M-Payments Company Boku Seeks to Expand to In-Store Payments Using NFC

Feb 23 2012

Telco-backed online mobile-payments company Boku is seeking to expand to the physical point of sale using NFC phones, contactless stickers and conventional prepaid cards and is partnering w

Oberthur Announces TSM Win with French Bank

France-based Oberthur Technologies announced today it has won a contract to supply trusted service management to French bank Société Générale, for the bank’s eventual roll out of NFC payment.

Samsung Introduces Two Lower-End Android Phones with Optional NFC

Samsung today announced two new Android phones for its Galaxy line that support NFC as an option. 

LG Announces Android NFC Phone Promoting Tags for Korean Market

Feb 22 2012

LG Electronics today announced a new NFC-enabled Android smartphone, the Optimus LTE Tag, targeted at the South Korean market, which will enable users to change the phone’s settings with a tap of the handset on NFC tags.

ZTE Announces One of Its First Android NFC Phone Models

Phone maker ZTE has announced it will introduce a high-end Android phone supporting NFC at next week’s Mobile World Congress in Barcelona.

Inside Raises €69 million in Initial Public Offering

Feb 20 2012

Inside Secure today announced it has raised €69 million (US$90 million) in its initial public offering, pricing its shares at €8.30 ($10.82) apiece.

Deals

California Issues Notice of Intent to Award Contracts to Vendors for Planned Statewide Open-Loop Payments Rollout

California state officials have released a list of seven bidders it intends to award contracts to for the supply of core technology for the state’s ambitious plan to help more than 300 transit agencies roll out open-loop fare payments statewide.

Moscow to Test Mobility-as-a-Service Platform that will Include Use of Contactless Payments

The Moscow Department of Transport has announced it is launching a test of its planned “MultiTransport” mobility-as-a-service platform, which will enable users to plan and pay for rides on the Moscow Metro and other public transit, along with taxis. The city said it is planning to add other transport modes, including car-share and bike and scooter rental.

Vietnam Bus Operator Launches Contactless Open-Loop Payments in Small Rollout; Backers Hope Other Transport Modes Will Follow

A commercial bus company serving Vietnam’s capital, Hanoi, has launched contactless open-loop payments on board its new electronic buses, and reports say officials and bankers would like to see contactless EMV payments expanded to other modes of transport.

Moscow Metro Sees Modest Take-Up in Use of Face Pay So Far; Repeats Prediction that Up to 15% of Regular Riders Will Use Service

Moscow Metro has 45,000 users for its Face Pay service since launching its rollout of facial recognition fare-payments in mid-October, the transit agency said today, in releasing more details about how the service works.

Updated: U.S. Transit Agency Seeks to Reduce–Though Not Eliminate–Cash Acceptance with New Fare-Collection System

Updated: The Spokane Transit Authority in Washington state confirmed that its new fare-collection system will include contactless open-loop payments–with a beta test planned for next October, a spokesman told NFC Times' sister publication Mobility Payments.

Australian Transit Agency to Launch Mobility-as-a-Service Trial as It Pursues Long-Term MaaS Strategy

Plans by Transport for New South Wales, Australia’s largest transit agency, to launch a trial enabling users to plan, book and pay for multimodal rides is the next step toward the agency’s long-ter

UK Government Seeks to Bring London-Style Contactless Fare Payments System to Other Regions

The UK government’s plan to equip 700 rail stations over the next three years to accept contactless open-loop payments is a major initiative, as it seeks to replicate the success of London’s contactless pay-as-you go fare payments system elsewhere in the country–a goal that has proved elusive in the past.

More Cities in Finland Expected to Move to Open-Loop Fare Payments

A fourth city in Finland is beginning to roll out contactless open-loop payments, with “more in the pipeline,” according to one supplier on the project, making the Nordic country one of the latest hotspots for the technology.

Moscow Metro Expands Test of ‘Virtual Troika’ in Pays Wallets, as It Continues to Develop Digital-Payments Services

Moscow Metro is recruiting more users to test its “Virtual Troika” card in two NFC wallets, those supporting Google Pay and Samsung Pay, as one of the world’s largest subway operators continues to seek more ways for its customers to pay for rides.

Ohio Transit Agency Expects Significant Revenue Loss as it Builds Equity with Fare Capping

The Central Ohio Transit Authority, or COTA, officially launched its new digital-payments service Monday, including a fare-capping feature that the agency estimates will cost it $1.8 million per year in lost fare revenue, the agency confirmed to Mobility Payments.

Features

Panel: Closed-Loop Payments Expected to Remain an Option for Years to Come Despite Growth of Open Loop

By: 
Dan Balaban

While the trend today is for more transit agencies to introduce open-loop fare payments, closed-loop cards, either in physical form or dematerialized on smartphones and wearables, will be with us for many years to come–though perhaps in a reduced role. That’s according to a recent panel discussion at the Mobility Payments Asia Pacific 2021 conference.

Cubic’s MaaS Point Man: Control of MaaS Apps by VC-Funded Start-Ups Coming to an End; Whim App Chief: Not So Fast

By: 
Dan Balaban

Andy Taylor, senior director, global strategy for Cubic Transportation Systems contended that the MaaS market is at a crossroads and could fail if it doesn’t change course, including putting cities and public agencies firmly in the “driving seat” of MaaS apps.

In-Depth: As Covid-19 Causes Transit Ridership to Plummet, Third-Party Mobile-Ticketing Vendors Hope to Help Bring Riders Back

By: 
Dan Balaban

NFC TIMES Exclusive Insight – As the Covid-19 crisis sows fear among mass transit customers and causes ridership on buses, trains and trams to crash, there is heightened interest in mobile ticketing and other electronic fare payments as a way to ease the concerns and help coax wary riders to return.  

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.

U.S. Football Sees NFC-Enabled E-Tickets as way to Cut Fraud, Market to Fans

By: 
K.N. Smith

NFC TIMES Exclusive Insight – With the National Football League kicking off its season in a few weeks in the U.S., fans will be using NFC, QR codes and perhaps ultrasonic signals on their mobile devices, in addition to tapping contactless-enabled paper tickets, to attend football games and other events at all 31 NFL stadiums.

In-Depth: As U.S. Lags in Contactless Payments, are Issuers Ready to Roll Out Dual-Interface EMV Cards?

By: 
K.N. Smith

NFC TIMES Exclusive Insight – Most issuers in the U.S. have so far held back from rolling out contactless or dual-interface cards, but merchant acceptance has been quietly building over the past few years, despite some large U.S. retailers balking at accepting contactless cards and NFC-enabled devices.

In-Depth: Can Contactless Cards Succeed in U.S. Where NFC Mobile Wallets Have Failed?

By: 
K.N. Smith

NFC TIMES Exclusive Insight – Payments industry backers suggest that U.S. banks could have an incentive to begin contactless rollouts soon, but in the absence of deadlines from the major payments networks, which are rapidly approaching in other markets, there's no guarantee of rollouts in the U.S. on the horizon.

How Mobile Wallets, Payments Wearables, Tokenization Fared the Past Year, and Where They Stand Now

By: 
Dan Balaban

NFC TIMES Exclusive – As the digital payments ecosystem moves into 2018, it is dealing with many of the same unfulfilled promises, works in progress and unfinished business as in 2017.

U.S. Merchant Apps Square Off Against NFC ‘Pays’ Wallets: The Retailer Perspective

By: 
K.N. Smith

NFC TIMES Exclusive – As more U.S. merchants launch their own payments apps, some seem positioned to offer serious competition to Apple Pay and the other NFC “Pays” wallets.

Backers Look to Range of Devices for Contextual Commerce, Though Fragmentation Will Pose Challenges

By: 
K.N. Smith

NFC TIMES Exclusive Insight – Promoters of contextual commerce are looking to a range of connected devices, including smart appliances and such home hubs as Alexa–along with a host of mobile devices–to enable consumers to pay in almost every context. But many challenges remain for what could become a “very disjointed” array of payment options, experts say.