Topic “KT”

Facing Threats, Telcos and Other Players Seek to Cut Cost and Complexity of NFC

NFC ecosystem players are moving to simplify the costly and complex process for putting payment applications on secure elements, as they face mounting frustration at the pace of rollouts–and growing threats from such alternatives as host-card emulation.

Samsung Confirms NFC Chip in Galaxy Note, though NFC Version Already Shipping in Korea

May 16 2012

Samsung Electronics has confirmed it has an NFC version of its Galaxy Note, though that comes as no surprise to operators in South Korea, which have been selling the tablet-smartphone hybrid with NFC inside for about two months.

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.

South Korea: KT Complements NFC Rollout with iPhone Add-ons

Scope: 
Rollout
Status: 
In progress
Launch: 
Sep 2011
Main Application: 
Payment
Users: 
25,000-plus (projected)

KT, South Korea’s second largest mobile operator, is distributing NFC-enabled iPhone attachments nationwide, p

Korean Telco to Roll Out NFC Attachment for iPhone

South Korean mobile operator KT Corp. is launching a small rollout of NFC services on Apple’s iPhone 4, using an attachment called iCarte that contains a full NFC chip.

South Korea: SK Telecom Holds Small Flex-Antenna NFC Trial

Scope: 
Trial
Status: 
Completed
Launch: 
Oct 2010
Main Application: 
Service discovery
Users: 
100

SK Telecom launched the small NFC trial using a bridge technology–a flexible antenna connected to a SIM overlay chip, enabling users to tap their Samsung Galaxy A Android smartphones on NFC tags embed

Korean Telco Plans Commercial NFC Launch with Samsung Phones

SINGAPORE – South Korean mobile operator KT Corp. plans to launch NFC services in mid-October with more than 50,000 Samsung phones and intends to add an NFC smartphone model from LG Electronics in March supporting the Android operating system, KT’s Eun-Seok Kim disclosed today.

Facing Threats, Telcos and Other Players Seek to Cut Cost and Complexity of NFC

NFC Times Exclusive: NFC ecosystem players are moving to simplify the costly and complex process for putting payment applications on secure elements, as they face mounting frustration at the pace of rollouts–and growing threats from such alternatives as host-card emulation.

HEADLINE NEWS

Visa and Chase Seize on Launch of New York City Transit Payments Service to Try to Build ‘Momentum’ for Contactless

NFC TIMES Exclusive Insight – Unlike in most developed countries in Europe and Asia, in the U.S., only a small percentage of the population regularly uses mass transit. But New York City is an exception, with more than 4 billion transit trips per year in the metropolitan area–seven times greater than in the next largest U.S. city in terms of transit use, Chicago.

As Their Resistance Crumbles, Australia’s Big Four Banks have Found that Opposing Apple Pay Too Costly, Despite Tech Giant’s Fees

NFC TIMES Exclusive Insight – Another one of Australia’s big four banks, National Australia Bank, has given in to pressure from customers and has agreed to support Apple Pay.

In-Depth: Ticketmaster Embraces Digital Ticketing to Cut Fraud and Improve Communication with Ticket Purchasers and Fans

NFC TIMES Exclusive Insight – U.S.-based sports and entertainment ticketing vendor Ticketmaster sees its new digital-ticketing technology–supporting bar codes and NFC–as a way to reduce fraud and stay in touch with both ticket purchasers and event attendees.

Japanese Payments Players Expand Support for QR Code-Based Payments

May 20 2019

NFC TIMES Exclusive Insight – Japan’s mobile payments market is expanding, but the talk is not about NFC payments services, such as Apple Pay, Google Pay or the pioneering FeliCa wallet services originally pushed by NTT DoCoMo and rail operator JR East.

Singapore’s Land Transport Authority to Accept Visa Cards for Fares in June

NFC TIMES Exclusive Insight – Singapore’s Land Transport Authority announced today it will begin accepting Visa-branded contactless cards to pay fares on trains and buses starting June 6, only two months after it launched its “SimplyGo” open-loop fare collection service with only Mastercard-branded cards.

Consulting Firm: Not Sure Whether Contactless Card Deployment Will Help or Hurt NFC Wallets

NFC TIMES Exclusive Insight – With U.S. banks planning to renew tens of millions of their EMV credit and debit cards this year with an added contactless interface, industry observers are naturally considering how the rollouts will affect adoption of NFC mobile wallets.

Rio de Janeiro Metro Launches Open-Loop Payments with New Visa Transit SAM

NFC TIMES Exclusive Insight – The Rio de Janeiro Metro has launched its planned open-loop payments service, one of the first Latin American transit systems to accept bank cards–in this case, Visa credit cards­–directly for payment of rides.

In-Depth: Major Pays Wallets Accelerate Support for Closed-Loop Transit Ticketing

NFC TIMES Exclusive – One of the key battlegrounds for Apple, Google and Samsung as they seek more users for their respective Pays wallets is transit ticketing–with all three tech giants targeting both open-loop payments and–perhaps surprisingly–also closed-loop transit cards. (See table below).

Report: Will Deployment of Contactless EMV Cards in U.S. Drive Growth of NFC Mobile Payments? Conclusions Hard to Draw

NFC TIMES Exclusive Insight – With U.S. banks finally beginning to issue dual-interface EMV cards in significant numbers this year and more U.S. merchants accepting contactless and NFC payments, a key question becomes whether contactless card payment will help or hurt the prospects for what has generally been considered as disappointing take-up of NFC wallets.

Half of Face-to-Face Visa Transactions Outside of U.S. Expected to be Contactless Soon

NFC TIMES Exclusive Insight – Half of all domestic face-to-face transactions with Visa-branded cards globally–outside of the U.S.–are expected to be contactless within the next two months, with Visa reporting that contactless technology is maturing in numerous countries worldwide, mainly in Europe and Asia.

Analysis: Canadians Increasingly Pay with Contactless Cards, Although Cash Continues to Play Key Role

Apr 22 2019

NFC TIMES Exclusive Insight – Contactless transactions in Canada topped 50% of all in-store card transactions for the first time ever during the first quarter of this year, said the country’s largest payments card processor, Moneris, this week.

Contactless Card Transactions Could Overtake Taps from NFC Phones ‘Quickly’ in the U.S.: Industry Veteran

Apr 23 2019

NFC TIMES Exclusive Insight – Transactions from contactless bank cards in the U.S. will “quickly surpass” those from NFC phones by the end of 2020, despite cards being rolled out much later than NFC-enabled wallets, industry veteran Randy Vanderhoof, head of the Secure Technology Alliance industry trade group and the affiliated U.S. Payments Forum, told NFC Times.