Topic “Visa payWave”

Visa Offers New Details of Planned Tokenization Service

Visa Inc. has released a few more details of its planned tokenization service, which it announced last week as part of its Visa Digital Solutions “suite of offerings.”

France Deals with Interoperability Doubts, as It Gears for National Rollout

French mobile operators, banks and vendors say they are finally ready for a nationwide launch of NFC payments this year, a move that follows years of preparations. 

Visa Europe: Contactless Transactions to Continue to Grow Rapidly in 2013

Consumers in Europe did 19 million transactions with Visa-branded contactless bank cards in March, up by nearly 50% from December, announced Visa Europe Tuesday, which predicts monthly transactions will increase to 52 million by the end of 2013.

Visa: Contactless Transactions in UK to Grow Fourfold This Year; Though Base Remains Small

Visa Europe predicts the UK will have 34 million contactless Visa-branded cards on issue and 175,000 contactless terminals deployed by the end of 2013, with Europe reaching 70 million Visa-branded contactless cards and 650,000 contactless terminals this year.

Visa Taiwan Announces Growing payWave Transactions, Higher Tap-to-Pay Limit

Jan 16 2013

Transactions with Visa payWave cards in Taiwan grew by 19% during the third quarter with spending up by 23%, according to Visa’s country office in Taiwan.

Visa Europe Predicts 40 Issuers of Contactless-Mobile Payment Services in 2013

Visa Europe predicted that by the end of 2013, there would be 40 issuers with live NFC or contactless-mobile payment services across Europe and 80 smartphones certified by Visa to handle the payments.

PayPass Locations Double in Europe in 2012, Adding Impetus for NFC Launches

Retail locations accepting MasterCard PayPass contactless payment doubled in Europe in 2012, according to MasterCard Worldwide, a development that helps clear a path for more rollouts of NFC payment.

Samsung Unveils Galaxy S III, Supporting NFC Payments and Enhanced P2P

May 4 2012

Samsung Electronics has introduced its much-anticipated Galaxy S III, which, as expected, will support NFC for mobile payment, along with an enhanced version of Google’s Android Beam peer-to-peer pairing-and-sharing feature.

Austrian Bank Announces Plans to Launch Mobile-Payment Service with microSDs and iPhone

Feb 5 2012

Raiffeisen Bank International, one of Austria’s largest banks, is planning to launch contactless-mobile payment with microSD cards and an iPhone attachment.

HEADLINE NEWS

Identiv Reports Q2 Results and ‘Disappointing’ Start to 2015; but Cites New Customer Wins

Aug 18 2015

NFC Times Exclusive Insight – U.S.-based Identiv revised its full-year revenue guidance downward during its second quarter earnings call on Thursday, but the compa

Apple’s Seat on NFC Forum Board Rounds out Representation from Three Major Device and Platform Players Rolling Out NFC

NFC Times Exclusive Insight – With the addition of U.S.-based tech giant Apple on the board of the NFC Forum industry trade and standards association, the group now counts among its members all three major device or platform players rolling out NFC payments.

Samsung Announces Dates for Payments Launch; Signs Up for Visa Tokenization Program

NFC Times Exclusive Insight – Samsung Electronics today released exact dates for when it plans to launch its mobile-payments service, Samsung Pay–Aug. 20 in South Korea and the U.S. on Sept. 28–while saying it also intends to roll out the service in the UK, Spain and China.

Besides MST Technology, Samsung Seeks to Differentiate New Payments Service from Apple Pay with More Flexible Architecture

NFC Times Exclusive – Besides touting its much larger base of acceptance points, Samsung Electronics appears to be emphasizing what it says is a more “agnostic” approach to its technology for its forthcoming Samsung Pay platform, as compared with rival Apple Pay.  

UPDATED: Losses Continue in Second Quarter for OTI as New CEO Takes Reins

Aug 11 2015

NFC Times Exclusive Insight – The new CEO of Israel-based On Track Innovations, Shlomi Cohen, is starting his tenure with the announcement by the company of declining revenue and continuing losses for the second quarter of 2015.

OTI Names New CEO, as Two Key Board Members Resign and Share Price Struggles

NFC Times Exclusive Insight – Israel-based On Track Innovations is undergoing a major change of leadership after its board of directors named a new CEO yesterday and two major players on the board abruptly resigned.

NXP Reports Sequential Drop in NFC Business; Delay in Apple Pay Launch in China Blamed

NFC Times Exclusive Insight – NXP Semiconductors reported its NFC-based mobile transactions business fell in the second quarter compared with the first quarter, with CEO Rick Clemmer apparently blaming the delayed launch of Apple Pay in China, which he indicated is hurting its sales of NFC chips to Android handset makers in the country. 

TSM Banking Group Joint Venture Accepts Bids for HCE and Tokenization

Aug 5 2015

NFC Times Exclusive – Taiwan’s TSM banking joint venture has received proposals from at least four vendors to supply a wallet platform with host-card emulation, as well as tokenization technology, as the group seeks to expand its thus far little-used TSM platform to offer its member banks the ability to launch cloud-based NFC payments by the end of 2015, NFC Times has learned.

Hong Kong Telco Launches NFC Payments Service and App; Requires Users to Change SIMs

NFC Times Exclusive Insight – Hong Kong Telecom is the latest telco to introduce its own prepaid mobile payments service and wallet app, which supports MasterCard PayPass for in-store purchases, along with online payments and a peer-to-peer funds transfer service–the latter initiated by NFC P2P mode.

UnionPay Continues Talks with Apple; China Mobile Maintains Support for NFC SIMs

NFC Times Exclusive – SHANGHAI, China: China UnionPay is continuing negotiations with Apple and some sources told NFC Times it is gearing up for a planned launch of Apple Pay in China.

Deutsche Telekom Payments Chief Departs; Telco to Revamp Struggling Wallet, Including Planned Support for HCE

NFC Times Exclusive – Deutsche Telekom has appointed a new head of payments and plans to support host-card emulation among other technologies as it seeks to revamp its struggling NFC mobile wallet, NFC Times has learned.

People on the Move: Sequent Software CEO Steps Down; Interim CEO Appointed

NFC Times Exclusive – Sequent Software, a supplier of mobile wallets, TSM and host-card emulation products, has appointed an interim CEO, replacing Robb Duffield, who stepped down earlier this month after having served as CEO for the Silicon Valley-based vendor for just under three years.