Topic “Czech Republic”

Case Study: Czech Bank ČSOB Describes First-Mover HCE Launch; Questions Whether Visa and Mastercard are ‘Partners or Competitors’

NFC TIMES Exclusive – ČSOB, the Czech Republic’s No. 2 bank, faced challenges in launching the country’s first HCE-based wallet last year.

Czech Banks See Opportunity for Deploying HCE Mobile Payments

NFC Times Exclusive – Czech banks are looking to capitalize on a growing contactless point-of-sale infrastructure in the country, with two of the five largest banks there having already launched HCE-based mobile payments and the others looking to join the market, NFC Times has learned.

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.

Telefónica Czech Republic to Introduce Mobile POS with Support for NFC

Aug 27 2013

Telefónica (O2) Czech Republic will launch a mobile point-of-sale pilot in cooperation with MasterCard Worldwide, targeting small merchants in the country, with a device that supports MasterCard PayPass, along with contact EMV and mag-stripe transactions.

Czech Bank ‘Issues’ NFC SIMs for First-Mover Advantage

GE Money Bank in the Czech Republic refers to its launch of NFC services as SIM-centric, but it’s the bank, not partner Telefónica O2, that issues its customers NFC SIM cards.

Czech Telco and Bank Launch NFC Payments Service with PayPass

Telefónica Czech Republic has launched NFC payments with GE Money Bank and MasterCard Worldwide, making it the first Telefónica group operator to commercialize NFC.

Visa and Czech Telco to Launch M-Payments Project using Samsung Galaxy S III

Aug 28 2012

Around 2,000 Czech consumers will be able to tap for purchases with a Visa payWave application stored on their SIM cards, in the latest NFC m-payments project to use the Samsung Galaxy S III.

Czech Bank to Offer iPhone Attachment to Customers for Mobile Payments

Komerční bank, one of the Czech Republic’s largest banks, is making an iPhone mobile-payments attachment available to its customers carrying the iPhone 4 and 4S.

Czech Republic Plans Contactless and NFC Rollouts

Banks in the Czech Republic are planning to begin rollouts of contactless payment before the end of 2011, with NFC commercial launches by telcos expected next year.

MasterCard to introduce contactless cards in the Czech Republic

Customers in the Czech Republic will for the first time be able to make contactless payments using the MasterCard PayPass technology at selected shops this year, daily Právo reported, referring to Brian Lang, chief executive of company MasterCard Europe for the Czech Republic and Slovakia. (Czech Business Weekly)

HEADLINE NEWS

Alipay to Expand Acceptance of Mobile Wallet in Russia

NFC TIMES Exclusive Insight – Alipay is expanding acceptance in another overseas market, Russia, seeking to capture business from Chinese tourists who travel to the country.

Apple Discloses Plans for Four More Apple Pay Markets; Confirms Most Transactions Outside of U.S.

NFC TIMES Exclusive Insight – Apple Tuesday disclosed plans to launch its mobile payments service in four more small markets, including three countries in the Nordics, with the tech giant seeing higher usage of Apple Pay outside of the U.S., where NFC-enabled POS terminals are still not widely available.

As Use of Wallets for In-Store Payments Disappoint, P2P Payments to Surpass $120 Billion in 2017

NFC TIMES Exclusive Insight – Research firm eMarketer predicts that mobile peer-to-peer payments in the U.S. will grow by 55% to more than $120 billion in 2017, an amount that is expected to double by 2021.

Mastercard Launches Campaign to Push New Zealand Retailers to Accept Contactless Payments

NFC TIMES Exclusive Insight – Mastercard has launched an initiative to encourage retailers in New Zealand to adopt contactless payments, noting that nearly three-quarters of New Zealanders use contactless.

Banks and PayPal Announce More Deals for In-Store Transactions, But It’s Unclear When NFC-Enabled PayPal Wallet Will Arrive

NFC TIMES Exclusive Insight – Although Bank of America announced that its customers would “soon” be able to use the PayPal Wallet to pay for purchases in stores using NFC, a bank spokeswoman has told NFC Times that the NFC-enabled wallet might not even be available next year.

Experts: Don’t Expect the Amazon Go or Uber Payments Concept to Hit the Retail Chains Anytime Soon

NFC TIMES Exclusive – With the widespread use of Uber and launch of the Amazon Go experiment, some payments industry observers are predicting it might not be too long before invisible payments comes to brick-and-mortar stores.

Swatch Pay One of the First Low-Tech Payments Wearables That Can be Provisioned After the Sale: How It Works

Jul 21 2017

NFC TIMES Exclusive Insight – While such smartwatches as the Apple Watch are routinely provisioned with payments cards after they are in the hands of consumers, that hasn’t been the case for low-tech analog watches. Swatch Pay could change that.

Analysis: Apple Tries to Jump-Start Apple Pay in China with Generous Week-Long Discounts and Offers

NFC TIMES Exclusive Insight – ­Apple, which is losing its battle badly for market share in China’s huge mobile payments market, has launched one week of generous promotions in hopes it can begin to turn the tide.

PayPal Hopes Samsung Deal Will Help It End String of Failures in Tapping Offline Merchants

NFC TIMES Exclusive Insight – PayPal is believed to have cut its deal with Samsung to be part of the Samsung Pay wallet mainly to gain access to the device maker’s MST technology, enabling consumers to pay in stores with their PayPal accounts without having to look for an NFC-enabled POS terminal.

Backers of WeChat Pay and Alipay Continue to Expand Acceptance Outside of China

NFC Times Exclusive Insight – China’s two large mobile payments services, Alipay and WeChat Pay, continue to roll out acceptance in Europe, North America and other parts of Asia, as they follow Chinese tourists to these destinations.

Denmark’s Largest Bank Plans to Expand Reach of Its Growing MobilePay Wallet; Continues to Favor BLE over NFC and QR Codes

NFC TIMES Exclusive –  Danske Bank’s MobilePay service in Denmark is one of the few mobile-wallet success stories globally, though on a small scale. Now the bank is planning to expand to other Nordic countries and seeks to continue to use BLE technology, not NFC, to enable the in-store piece of its mobile payments service.

Despite Launch of Three Major ‘Pays’ in Taiwan, Visa Plans to Also Support QR Code Payments on Island

NFC TIMES Exclusive Insight – Visa says it plans to support QR code-based mobile payments late next year in Taiwan–a market where all three major “Pays” wallets have launched supporting Visa-branded cards with NFC.