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    Archive: News in brief

    Gemalto analyses success of SK Telecom’s NFC service

    May 25th, 2016

    PARTNER NEWS: A case study of South Korean mobile network operator SK Telecom’s NFC-based mobile wallet which explores the reasons behind its success is now available from digital security giant Gemalto. “Gemalto is supplying SK Telecom’s SK Wallet solution with NFC SIM cards,” the company says. “Today, SKT mobile wallet is available to more than 12m subscribers through their NFC SIMs.”

    Analyst predicts exceptional growth for Apple Pay due to secure element approach

    May 25th, 2016

    Apple Pay will experience greater success than Android Pay and will “grow exceptionally based on a belief that Apple Pay using a Secure Enclave/secure element inside of iOS has an advantage over Android Pay’s host card emulation (HCE) in that it’s more secure, with a similar user experience,” according to Piper Jaffray analyst Gene Munster. “We believe that Apple Pay will offer the most seamless payment experience on iOS regardless of whether its in-app, in-browser or in-store,” Barron’s reports Munster as saying.

    50% of Americans use mobile banking

    May 24th, 2016

    Half of US adults now use mobile banking, with the number of users increasing by 29m since last year, research released by Javelin reveals. “This dramatic shift in consumers’ channel preferences puts pressure on financial institutions to innovate in the space to meet increased demand for mobile functionality,” the firm says.

    MyPay to launch mobile wallet in Myanmar

    May 24th, 2016

    Customers of mobile financial services provider MyPay in Myanmar will soon be able to make payments using their mobile phone through a new service based on technology from mobile wallet provider Cellum. “Cellum Mobile Next, Cellum’s market-tested mobile commerce wallet, will be available under the MyPay brand,” Cellum says. “The innovative wallet offers the latest functions like payment by QR code, P2P transfers, online checkout, airtime top-up and bill payment. At a later stage, NFC services will also be added.”

    Chili’s Grill & Bar to enable Android Pay at the table

    May 24th, 2016

    Customers of Chili’s Grill & Bar across the US will soon be able to pay for orders through Android Pay by tapping their phone against a pay-at-the-table tablet from Ziosk. The new functionality, which was unveiled at Google I/O, will be available in all of the chain’s restaurants from the third quarter of 2016. “Additionally, Chili’s guests can effortlessly enroll, login and access My Chili’s Rewards via Android wallet to leverage loyalty points and mobile payment for future restaurant visits,” Ziosk says.

    Wells Fargo to launch NFC mobile payments

    May 24th, 2016

    US bank Wells Fargo is expected to launch an NFC-based mobile payment service this week, according to the Los Angeles Times. “With mobile wallets such as the one Wells Fargo plans, consumers enter their credit card information in their phones before shopping with merchants who use NFC technology,” the publication reports. “The consumer holds the phone over a payment terminal and taps a button on the phone or enters a PIN.”

    Starbucks to take mobile payments and rewards to India

    May 23rd, 2016

    Starbucks is to launch its mobile payment and loyalty app in India this year. “The platform will allow you to make payments from your phone and allow you to participate in the My Starbucks Rewards programme through your phone,” the coffee chain’s Sumitro Ghosh told Business Standard. Mobile payments now account for nearly one in four transactions made across the company’s US locations.

    TfL rolls out contactless on Thames river buses

    May 23rd, 2016

    UK commuters travelling on MBNA Thames Clippers River Bus services can now pay using contactless cards following an expansion of Transport for London’s (TfL) services. “The payment method can now be used on all MBNA Thames Clippers River Bus routes, which cover around 28 kilometers of the Thames between Putney and Woolwich Arsenal,” TfL says. The transport organisation recorded more than 100m contactless journeys across London between September 2014 and June last year.

    Inside Secure launches MatrixHCE solution

    May 23rd, 2016

    Financial institutions can now select Inside Secure’s Visa Ready MatrixHCE solution as a means of rolling out mobile payment solutions within a matter of weeks. “MatrixHCE is a proven software solution that effectively protects sensitive data on mobile devices and allows mobile phones to be used as payment cards in the retail environment and supports key features such as transaction logging, receipts, biometric authentication and token processing,” the company says.

    One in 10 UK card payments were contactless in 2015

    May 23rd, 2016

    The average UK adult made 20 card payments per month in 2015, of which around one in 10 were contactless, research released by Payments UK reveals. “By 2025, we are predicted to use a debit, credit or charge card virtually every day and almost half of these transactions, 14 per month, will be contactless,” the organisation says. “Many of these payments may be made using a mobile phone.” Payments UK also predicts that by 2025, cash will only be used for 27% of payments.

    Wirecard supports launch of Curve

    May 23rd, 2016

    German payments technology provider Wirecard is supporting the launch of Curve, a physical payment card that will let consumers store an unlimited number of bank cards and make contactless payments at POS terminals where MasterCard is accepted. “The card and smartphone app solution is supported by Wirecard’s technology, ensuring global usage of the Curve card,” Wirecard says. “Curve is initially providing the card to small business users.”

    Barclaycard reports on HCE service take-up

    May 20th, 2016

    More than one in 10 (13%) of those using Barclaycard’s host card emulation (HCE) mobile payment service are over 50 years old, while 10% are aged under 25, Barclaycard has revealed. “2% of users are over 65 year olds and the oldest customer registered and using the service is 86,” the company says. “So far, over £600,000 has been spent through the app.” The service was launched in January 2016.

    UK contactless spending totalled £1.5bn in March 2016

    May 20th, 2016

    UK contactless payments in March totalled £1.5bn (US$2.19bn), The UK Cards Association has revealed, four months after monthly contactless spending hit £1bn in November 2015. “The £0.5bn mark came in May last year,” the organisation says. “One in seven of all card transactions are now contactless, compared to one in 16 a year ago. There were a total of 179.6m contactless purchases in March, with 67 made every second. On the high street, one in six card purchases are now contactless [with] monthly contactless spending trebling in the past year, up from £431.1m in March 2015.” 86.5m contactless cards are now in circulation in the UK.

    Samsung Pay expected to enable support for Alipay

    May 19th, 2016

    Samsung and Chinese internet giant Alibaba are to announce a collaboration on mobile payment systems this week, according to Yonhap News Agency. “The partnership with Alipay will allow Samsung Pay users to make payments for their offline purchases using Alipay’s QR codes and barcode scanners,” the publication reports.

    Google enhances APIs to take Android Pay in-app and to mobile websites

    May 19th, 2016

    Google has enhanced its APIs to make it “easier than ever” for developers to integrate Android Pay for in-app and web payments with “just a few lines of code”. The company has launched Android Instant Apps, which gives users the ability to pay using Android Pay in-app “with a single tap”, and is opening its Android Pay API to all developers selling physical goods and services in markets where the mobile payment service is available. Google has also launched PaymentRequest, a new web API that will be standardized across Chrome browsers through the World Wide Web Consortium (W3C) to enable Android Pay on mobile websites.

    UK driving licenses may be added to Passbook

    May 19th, 2016

    Drivers in the UK may soon be able to store their driver’s license in Apple’s Passbook wallet, according to the Driver and Vehicle Licensing Agency (DVLA). “There’s no telling when, or indeed if, the idea will make it to release,” SlashGear reports. “Right now, this is a prototype with no timescale for an actual release and were that to pan out, it would be offered in addition to, not replacing, the regular photo card.”

    NXP unveils POS reader solution

    May 18th, 2016

    PARTNER NEWS: NXP has introduced a point-of-sale reader solution — SLN-POS-RDR — that will enable customers to develop and launch contact and contactless payment systems into the market. “The solution platform is the first to leverage and combine NXP’s market leading contact payment card reader silicon and a high-power NFC contactless frontend solution (PN5180),” the company says. “The POS reader solution is available now to lead customers, shipping to new customers in Q3.”

    OT to add biometrics to its Pearl embedded secure element

    May 17th, 2016

    Precise Biometrics has entered into an agreement with Oberthur Technologies (OT) licensing the integration of its Precise BioMatch Embedded fingerprint recognition solution into OT’s Pearl embedded secure element. “The partnership with Precise Biometrics enables OT to offer convenient and secure fingerprint identification for connection, authentication and payments in any type of device,” Precise Biometrics says. “The license agreement will generate royalty revenue based on sales of secure elements from OT that includes Precise BioMatch Embedded in the delivery.”

    Dallas commuters get NFC travel card and cash top-ups

    May 17th, 2016

    Commuters across the US city of Dallas and surrounding areas can now pay for travel using a GoPass NFC card launched by Dallas Area Rapid Transit (DART) and Blackhawk Network. The card can be topped up using cash at nearly 800 stores served by electronic cash transaction network PayNearMe. “DART’s GoPass mobile app will allow riders to present the app on their smartphone to a store clerk within PayNearMe’s retail network and pay in cash to load DART fare value just as if they are making a purchase in store,” DART says.

    ANZ and Westpac preparing Android Pay support

    May 17th, 2016

    Australian banks ANZ and Westpac are completing plans to launch Android Pay in the country “mid this calendar year”, according to The Sydney Morning Herald. “ANZ and Westpac, including its subsidiaries St George, Bank of Melbourne and Bank of South Australia, will join Bendigo and Adelaide Bank, ING Direct, Macquarie Bank and Cuscal as the first to offer Visa, MasterCard and Eftpos on Android Pay,” the publication says. Google announced its plans for an Australian launch of Android Pay in December 2015.

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