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Archive: Newswire

Apple Watch carries NFC components from NXP and AMS

May 1st, 2015

A teardown of the Apple Watch shows a design centred on a custom processor with NFC components from NXP and AMS, ABI Research has revealed. The device includes NFC so that wearers can make Apple Pay contactless… More

Tattoos confound Apple Watch wrist detection, making Apple Pay “unusable”

May 1st, 2015

Apple Watch owners with tattooed wrists have been reporting that their smartwatches are not functioning properly as the LED-based heart monitor built into the devices experiences difficulty detecting that the watch is being worn — an issue which impacts the use of Apple Pay among other features such as receiving notifications, placing phone calls and using some applications. More

84% of banks and retailers plan to invest in mobile payment technology

May 1st, 2015

The “overwhelming majority” of financial institutions and retailers are currently investing or planning to invest in new payment technologies within the next 18 to 24 months, with online (86%) and mobile payment technologies (84%) topping… More

Yandex offers mobile payments at 1,300 Ukraine fuel stations

May 1st, 2015

Ukrainian drivers can now pay for fuel at more than 1,300 outlets across the country using a mobile payment service launched by Russian internet company Yandex, in partnership with PrivatBank and MasterCard. To use the service,… More

MCX appoints interim CEO after Best Buy announces support for Apple Pay

April 29th, 2015

MCX CEO Dekkers Davidson has left the retailer-led consortium to “pursue other opportunities” in the same week it was announced that founder member Best Buy will roll out support for rival mobile payments service Apple… More

MCX confirms it will launch CurrentC this summer in a “mid-sized market”

April 28th, 2015

Retailer owned mobile payments consortium MCX has confirmed to NFC World that it will launch its CurrentC mobile wallet in an unspecified mid-sized US market soon, following the announcement that founder member Best Buy will begin… More

Starwood guests unlock hotel rooms with Apple Watch app

April 28th, 2015

Starwood Hotels & Resorts Worldwide has launched an app for the Apple Watch that enables wearers to tap their device to unlock hotel room doors via Bluetooth. The SPG (Starwood Preferred Guest) app incorporates the… More

MCX member Best Buy to accept Apple Pay across the US

April 28th, 2015

US retail giant Best Buy, a founder member of retailer-led consortium MCX which requires members to exclusively support its own yet-to-launch mobile payments service, has announced that it will accept Apple Pay NFC payments in… More

Discover to add support for Apple Pay

April 27th, 2015

Apple Pay will be supported by all major US credit card companies “beginning this fall” after Discover announced plans to join Visa, MasterCard and American Express in letting its cardholders add cards and make NFC… More

PayPal begins piloting NFC and records 40% growth in mobile payments

April 27th, 2015

Online payments giant PayPal has revealed it is again testing NFC, though the company’s president has made clear that he’d like the company’s platform to be technology agnostic and he doesn’t see the long-term success… More

Starbucks processes 8m mobile payments every week

April 24th, 2015

Coffee chain Starbucks has 16 million active users of its mobile app who are making eight million mobile payments a week, equalling nearly 19% of all transactions in US stores, president and COO Kevin Johnson has revealed,… More

Forecast: 100m Apple Pay-capable phones in US by 2020

April 24th, 2015

Some 100m Apple Pay-capable smartphones will be available in the US in 2020, up from 53m this year, according to Mercator Advisory Group. The company is also forecasting that the future of the mobile payment service… More

Apple Pay is top choice among US consumers as mobile payment security concerns fade

April 22nd, 2015

Apple Pay has become the top choice of services among US consumers planning on using mobile payments in the next 90 days, a survey conducted by 451 Research has found — and consumers increasingly think mobile payments are more secure than credit cards. More

Pub chain picks Droplet’s fee-free mobile payments and rewards

April 22nd, 2015

British brewer Adnams is to roll out a mobile payments and rewards service in its 12 stores and 50 pubs across East Anglia and London this summer using a fee-free platform provided by UK startup Droplet. More

NFC ticketing trial eliminates “did I touch out?” doubt

April 21st, 2015

An NFC transport ticketing trial in the Netherlands will allow passengers to see on their phones if they have correctly checked themselves on or off the service as they travel, avoiding the risk of paying… More

NFC inventors nominated for Patent Office award

April 21st, 2015

Two NXP engineers have been nominated for a prestigious inventors’ award from the European Patent Office in recognition of the role they played in the birth of NFC. More

Signature spec promises tamper-proof NFC tags

April 21st, 2015

The NFC Forum has published the second version of its specification for signing and vouching for the integrity of data held in NFC tags, adding support for compact certificates and new signature algorithms. The Signature Record… More

German carriers and retailers promote NFC mobile payments in Berlin

April 17th, 2015

The largest NFC mobile payment initiative in Germany to date has launched in the capital Berlin, as the country’s three mobile network operators, Vodafone Germany, Deutsche Telekom and Telefonica, team up with six major retail… More

Jawbone adds NFC payments to fitness trackers with AmEx

April 17th, 2015

Wearable device maker Jawbone has unveiled a fitness tracking wristband that can be linked to the wearer’s American Express card account and used to make NFC payments. US card members with an Up4 tracker “will… More

Kairos mechanical smartwatches get NFC payments

April 15th, 2015

Luxury watchmaker Kairos is to add NFC payments to its hybrid “mechanical smartwatches” and smart wristbands using a host card emulation-based wearable payments solution from German payments technology provider Wirecard. Wirecard’s solution, launched earlier this… More

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