Second Menu

NEWS

Asian telcos form NFC alliance

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Four Asian telcos have formed an NFC alliance to ensure cross-border compatibility of mobile payment systems and branding. Japan’s KDDI, Chunghwa Telecom (Taiwan), Hong Kong Telecommunication and Korea’s SK Planet say the Asia NFC Alliance will jointly review standardisation of NFC tag specifications, common brand marks and NFC platforms and will work to resolve issues facing the popularisation and expansion… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Contactless payments set to launch on TfL

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

From 16 September Transport for London (TfL) will introduce contactless payments for all pay as you go customers on the Tube, London Overground, DLR and Trams in addition to the capital’s buses. The new option, which is part of a huge range of improvements TfL is making for customers, means that there will no longer be any need to spend… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Apple mobile wallet

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

In a further round of speculation and rumour, Apple’s talks with companies in the payment industry have been heating up in recent months regarding the launch of a mobile wallet, according to a new report from The Information. Apple executives have discussed launching a mobile payment solution as soon as this fall, allowing users to pay for physical goods with their… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Westpac trials HCE digital wallet technology

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Westpac is trialling Host Card Emulation  mobile payments (HCE digital wallet), the first bank in New Zealand to actively do so and one of only a handful of banks globally to be using the innovative ‘digital wallet’ technology. The three month trial, which uses Carta Worldwide HCE technology, enables credit and debit card details to be securely stored in a… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Can banks gain scale with Cloud Issuance & Host Card Emulation?

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Thus far, bank rollouts of mobile payment and wallet services have been hindered by multiple factors from the dependency on the secure element owner, the inability to deploy wallet services across multiple mobile phone operators, to the availability of NFC-enabled devices. But things have changed drastically in the last several months. Digital issuance of payment cards and transacting using Host… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Germany ramps up contactless deployment with BASE digital wallet launch

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Belgium’s BASE mobile subscribers in Germany can now make contactless payments using their smartphone at the supermarket, when filling up their car and in restaurants using the “BASE Wallet” digital wallet – and it is just as secure as using a debit or credit card. Owners of NFC-enabled smartphones can now make contactless payments at more than 35,000 locations in… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

CUA to launch a host card emulation-based mobile NFC payments service

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Australian credit union CUA have partnered with Cuscal to rollout redi2PAY mobile payment app that turns any NFC-enabled smartphone running the latest Andorid operating system – KitKat 4.4 or later – into a contactless payment device via host card emulation. The app uses Host Card Emulation technology (HCE), which means there is no requirement for a third party, such as a telecom provider or… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Europe embraces contactless purchases

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Throughout 2013 Visa cardholders used their contactless cards to make more than 94.3 million purchases in the UK compared to just under 25 million contactless purchases in 2012. Contactless purchases were not just up in the UK but across the whole of Europe, with Visa cards used to make a staggering 340.1 million contactless purchases across Europe last year. The… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

BBVA and Visa launch first commercial HCE mobile payments

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

BBVA is the first global banking group to commercially launch mobile HCE mobile payments based on new cloud-based payment specifications from Visa. The new cloud-based system will allow BBVA customers with NFC-enabled Android handsets to make contactless purchases by simply downloading an updated version of the BBVA Wallet app. BBVA Wallet, which already has more than 200,000 users, operates in… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Russian Standard Bank launches contactless payment with Samsung

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter

Russian Standard Bank, Samsung Electronics and MasterCard have announced the commercial launch of a contactless payment service on some flagship NFC-enabled Samsung devices.  For MasterCard and Samsung, the Russian launch is the second globally and the first in Europe and will help to accelerate the adoption of mobile payments. The service, available through Russian Standard Bank’s mobile banking app, enables… Continue reading >>

EmailFacebookDiggGoogle+LinkedInStumbleUponTwitter