Topic “Barclays”

Barclays: No Plans to Support Android Pay or Samsung Pay; Sees Own HCE Apps as Only Android Payments Option Needed

NFC Times Exclusive Insight – Barclays has no current plans to support Google’s Android Pay service or Samsung Pay because by adding the Contactless Mobile functionality to the Barclays Mobile Banking app, the company “removed the need to do something else,” a Barclays spokeswoman confirmed to NFC Times.

Contactless Payments Pioneer Barclaycard Announces Plans to Launch HCE; Builds Technology In-House

NFC Times Exclusive Insight – Barclaycard, one of the top payment card issuers in the UK, plans to launch NFC payments from its mobile-banking app in November using host card emulation, which will allow the issuer to avoid putting its payment applications on secure elements to roll out mobile payments.

Contactless Transactions Continue to Grow in UK and Europe, Though Numbers Still Relatively Small

While the UK’s top UK contactless issuer, Barclays, and its credit card arm, Barclaycard, predict a doubling of contactless transactions this year, numbers remain relatively small, with even the most active users tapping just over four times a month, a spokesman for the issuer confirmed to NFC Times.

Orange UK and Barclaycard Add Galaxy S III to Quick Tap Service; More Phones Planned for Q4

Sep 4 2012

Orange UK and Barclaycard have announced the availability of the popular Samsung Galaxy S III for their Quick Tap NFC payment service, as they seek to spur interest in their as yet little-used service.

Discover Financial’s Emerging Payments Chief Departs for Barclaycard

Jun 18 2012

Farhan Ahmad, who headed U.S.-based Discover Financial Services’ prepaid and emerging payments units, including its nascent NFC and contactless programs, has left Discover for UK-based issuer Barclaycard, NFC Times has learned.

Barclaycard Seeks More M-Payment Users with Stickers Despite Its NFC Project

Despite the coming availability of more NFC phones from its partner Orange and the opening up of its prepaid mobile-payment application to funding from other issuers, UK-based Barclaycard has decided it needs more exposure for its contactless m-payment service.

UK Survey Shows Growing Awareness of Contactless

Aug 3 2011

A growing number of UK consumers, 44%, recognize the contactless logo at the point of sale, according to a recent survey by Barclays bank and its acquiring and credit card arm, Barclaycard.

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.

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.

HEADLINE NEWS

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.

Apple Again Promises to Push Transit Ticketing as It Seeks Broader Adoption of Apple Pay

NFC TIMES Exclusive Insight – While noting to financial analysts late Tuesday that Apple Pay is now approaching 1 billion transactions per month globally and is in 47 markets, perhaps Apple CEO Tim Cook’s most significant comments about Apple Pay this week was to again emphasize that Apple wants to enable users to routinely tap to pay for bus, subway and other transit rides with their iPhones and Apple Watches. 

Chinese Mega Wallets Continue to Expand QR Code-based Transit Ticketing, while Major Agencies in West Stay with NFC

NFC TIMES Exclusive Insight ­– China’s mega-mobile wallet providers have continued their rollouts of transit payments in China, with Tencent Holdings announcing Tuesday that two years after launching its first QR-code-based WeChat “Ride Code” service in Guangzhou, total users for its transit payments services has reached 100 million.

Sydney Transit Authority Gives Users of Contactless Bank Cards Nearly All Discounts They Get with Closed-Loop Opal Cards

Jul 29 2019

NFC TIMES Exclusive Insight – Transport for New South Wales, Australia, the authority that oversees transit in and around Sydney, has taken a step toward phasing out its closed-loop contactless Opal fare card, today extending nearly all of the discounts it offers on Opal to users of open-loop Visa- Mastercard- and American Express-branded contactless cards.