Payments
June 22nd, 2011
CorFire and InComm to provide retailers with NFC wallets
CorFire, the American arm of Korean NFC specialist SK C&C, and US prepaid card provider InComm are working together on a mobile payments and offers service that would compete with Isis and Google Wallet, Bloomberg reports: The partners' technology will... More
June 22nd, 2011
Isis picks Austin for second NFC pilot
The Isis NFC joint venture between AT&T Mobility, Verizon Wireless and T-Mobile USA has chosen the city of Austin, Texas as the site of its second test. The decision to add Austin as a second test market alongside the previously... More
June 21st, 2011
Isracard to test NFC payments
Israel's largest credit card issuer, Isracard, is to run a mobile payments trial using NFC stickers, Globes reports: "This is the future. This technology will serve the entire market in the future," Isracard CEO Dov Kotler... More
June 21st, 2011
Orange launches commercial NFC payments service in Poland
"Several thousand" customers will be able to use their NFC phones to make payments at 35,000 contactless acceptance points across Poland. More
June 20th, 2011
US smartphone owners want Apple and Google to provide their NFC wallets
A survey of more than 1,000 US smartphone owners has found that Apple and Google top the list of the companies most trusted to provide them with a mobile wallet. "Smartphone owners in this study... More
June 20th, 2011
UPM and CustomerIn develop NFC solution for restaurants
NFC tag supplier UPM RFID and software developer CustomerIn have introduced Connected Restaurant, an NFC solution for restaurants which is designed to improve customer service, increase cross-selling opportunities and accelerate table turnover. When diners enter... More
June 16th, 2011
UK mobile operators form NFC joint venture
Everything Everywhere, which runs the Orange and T-Mobile networks in the UK, Vodafone and Telefónica O2 have agreed to establish a joint venture company that "will deliver the technology required for the speedy adoption of mobile wallet and payments." More
June 14th, 2011
YouGov launches quarterly mobile payments survey
Market research firm YouGov has found 70% of British consumers haven't heard of mobile wallets and 91% haven't heard of NFC technology. The results of an initial poll come as YouGov launches a quarterly survey that... More
June 14th, 2011
MasterCard and ANZ launch New Zealand’s first NFC payment trial
Bank staff have been given contactless stickers or NFC-enabled microSD cards to enable mobile payments using MasterCard PayPass as the card giant puts its Australasian roadmap into operation. More
June 13th, 2011
Visa strikes mobile payments deals with Fundamo and Monitise
The credit card giant has acquired mobile payments firm Fundamo and extended its deal with Monitise with the aim of making transactions on any device "safe, easy and reliable," says Visa's head of mobile. More
June 13th, 2011
Google Wallet “is one of the biggest investments we’ve made at Google for a very long time”
"Larry and Eric personally convinced me" to make the move to Google, Osama Bedier, the company's VP of payments, has told NFC World as he set out Google's commitment to building an NFC platform that is open to all — and revealed that Google Wallet will eventually be able to hold keys, ID credentials and driving licenses. More
June 13th, 2011
Korea drives ahead with plans for NFC leadership
Up to 300,000 NFC-enabled points of sale are set to be installed in South Korea and all smartphones must include NFC capabilities by the end of 2011, Reuters has reported. The Korea Communications Commission (KCC)... More
June 13th, 2011
NFC pioneer Bling Nation suspends mobile payments service
Bling Nation, the company behind the first commercial NFC payments system in the US, has suspended service while it seeks to revamp its business model, American Banker reports. Bling Nation's technology was specifically designed to reduce... More
June 9th, 2011
FarEasTone eyes NFC in Taiwan
Taiwanese mobile network operator FarEasTone plans to introduce mobile payment applications this year, the Taipei Times reports, and then gradually expand the service to include NFC: Far EasTone Telecommunications Co, the nation's No. 3 telecoms... More
June 9th, 2011
Barclaycard launches TV ad for NFC payment service
Barclaycard has reworked its rollercoaster ride TV advertisement to promote the NFC payments system it launched last month with Orange. The main character, whose morning commute sees him speeding between skyscrapers and through the city... More
June 8th, 2011
Juniper: NFC payments to hit $50bn in three years
NFC mobile contactless payment transactions will reach nearly US$50bn worldwide by 2014, according to market forecasters Juniper Research. "Based on our analysis and interviews with key industry players, our view is that the next 18 months... More
June 8th, 2011
FaceCash adds NFC to barcode payments system
Mobile payments provider Think Computer has added NFC support to its FaceCash Wallet mobile barcode payment system. FaceCash is based on the idea of combining barcodes and an image of the user. Retailers equipped with suitable scanners... More
June 7th, 2011
One in four US consumers ready to buy groceries with NFC phones
The level of positive responses to a new survey of US consumer attitudes to NFC mobile payments represents a "significant volume... beyond the level we'd call early adopters", says Compete. More
June 6th, 2011
Korean national NFC alliance aims to create a billion dollar business opportunity
Korean mobile network operators, card issuers, consumer electronics manufacturers and government organisations have formed the Grand NFC Korea Alliance with the aim of creating a US$1bn business opportunity and more than 5,000 jobs. More
June 6th, 2011
700m to use mobile money in emerging markets by 2015
More than 700 million people in emerging markets around the world will be using mobile money services in 2015, new research from Berg Insight suggests, as the market grows 40% a year from 2010's 133m... More
