Times Call For A New NFC Publication

After consumer electronics giants Philips Electronics and Sony Corp. announced the launch of Near Field Communication technology in 2002, the industry watched as NFC’s market prospects gradually descended from hype to hope, then disappointment to disillusionment.

What appeared to be a simple and compelling idea–consumers touching their phones to pay for coffee, ride the bus, download coupons or pass information to friends–has proved unexpectedly complex to bring to market. The massive rollouts of NFC, it seems, are always three years off; phones supporting the technology always scarce.

But the investment in NFC has continued and so have the trials. Now some major players appear poised to move.

BalabanFor example, in France, major mobile operators and banks, along with a number of other service providers, are preparing for a dress rehearsal this spring for an intended national launch in 2011. In the UK, major telcos and banks are gearing up for commercial launches well ahead of the 2012 “contactless Olympics" in London, while one of the largest transit operators in the world, Transport for London, has made it no secret it wants to have riders tapping NFC phones to cover fares by the end of 2010.

Elsewhere, in the U.S., NFC and other contactless-mobile launches are in the planning stages. And the technology is beginning to gather steam in Asia, as well. Later this year in China, mobile operators plan to showcase mobile ticketing and payment for the World Expo in Shanghai, including a large rollout of specially made contactless SIMs being issued by giant telco China Mobile. Over in Japan, there seems little question that telcos will move the world’s largest base of contactless-mobile payment and ticketing from strictly proprietary technology to NFC over the next few years.  

And then there is Apple. If Steve Jobs blesses NFC technology by putting it in the fourth-generation iPhone in the summer as expected–even just to simplify syncing of Apple devices–other phone makers and mobile operators are sure to follow with NFC introductions of their own.

Meanwhile, contactless stickers, microSD cards and other peripherals are starting to appear to fill the gap until NFC phones arrive. And high-end contactless cards continue their slow, inexorable spread across North America and to a lesser extent, Europe, while contactless hotspots in Asia expand.
 
But a nascent industry like this one needs a reliable and independent source of information. It needs a publication determined to set the agenda for coverage, not wait to be spoon-fed press releases and talking points. It needs a publication that will highlight successes, but also ask the tough questions when project launches or product introductions don’t turn out as planned.

NFC Times will be that publication. Produced by real journalists, NFC Times will offer exclusive news, analysis and commentary on NFC, contactless cards and related technology.

Here you will find a searchable database and interactive map plotted with more than 100 NFC and contactless-mobile trials and rollouts dating from 2003. This never-before-assembled database includes all the important uses of the technology–with facts and figures, context and commentary, on each project. The database will grow in step with the market.

You will also find profiles on a number of important industry players and suppliers, taking an unvarnished look at their NFC and related contactless activities and strategy. The profiles will also provide links to major projects along with key personnel and data. The list of profiles, too, will continue to grow.

But NFC Times will be anchored by news and analysis you won’t find anywhere else, delivered to you via this Web site, by free e-mail updates you can register for here and later by a subscription-based newsletter and premium Web content that will feature in-depth stories and data. We’ll complement this with other important news stories and commentary from external sites.

All this will give you the most complete source of information on NFC and related contactless technology available anywhere. The Times call for a new publication covering this industry, and NFC Times answers that call.  

February 2010

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.