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Archive: News in brief

60% of consumers will share data with stores

October 31st, 2014

A majority of Americans (60%) would be comfortable divulging information about themselves anonymously to their favourite stores, a new survey from Wearables.com and The Center for Generational Kinetics reveals. A further 56% would be happy to divulge information to a product brand and 46% would be happy to share their information with an app. 18% of respondents would also provide information to receive notifications of the real-time location of their friends.

Bedier unveils Poynt POS

October 31st, 2014

The former head of Google Wallet has unveiled a payment terminal supporting mag stripe, EMV, NFC, QR codes and beacon technology with no add-ons or dongles needed. Poynt is both a stylish POS terminal and the name of the startup behind it. “We wanted to make sure this device would keep up with the rapidly changing payments landscape,” says Osama Bedier. “We call upon banks and developers to join us in this mission to do for merchants what smartphones have done for consumers — usher in a new chapter of commerce.”

Kili puts mPOS in a chip

October 31st, 2014

Payment processing solutions provider Kili Technology has unveiled a line of solution-on-a-chip processors that “allow designers to quickly bring to market certifiable mobile point-of-sale terminals that support all modes of payment including magnetic stripe, EMV contact and EMV contactless (via NFC) with the highest levels of security in the industry.” The processors go into production early in 2015.

Charity picks up contactless pennies

October 31st, 2014

The Mayor’s Fund for London has launched Penny for London, a service that automatically collects small charitable donations when commuters use their contactless cards to pay for journeys on the Transport for London (TfL) network. “Users can decide how much they want to give, from one penny to 10 pence,” partner Barclaycard says. “They can keep track of their giving on the Penny for London website and amend or cap their donation preferences whenever they like.”

Football fans get BLE promos

October 31st, 2014

UK Football League sponsor Sky Bet has installed Bluetooth beacons at Elland Road, Leeds and the New York Stadium, Rotherham to send offers to football fans as part of a pilot project that could be rolled out to other locations across the country. “The feedback from both clubs has been encouraging and, although this technology is still very new, the potential is enormous,” says the online sports betting firm’s Andrew Walton.

Samsung to offer money transfers

October 29th, 2014

Samsung will launch a mobile money transfer service in Korea at the end of this year in partnership with mobile payment service provider Yelopay and six banks, Korea Bizwire reports. “Samsung Wallet, which used to be used only for coupon services and app cards, is now transformed into [a] fintech service platform,” the article says, noting that users can send up to 100,000 won at a time through the service. “The six financial institutions including Kookmin, Shinhan, Woori, Nonghyup, Citi and Korea Post Office reportedly have announced collaboration with the electronics company, but it plans to expand to all financial organisations.”

MCX responds to criticism

October 29th, 2014

“Much of the conversation the past couple of days has been misinformed about the product MCX is developing, so we’d like to set the record straight,” the retailer-owned consortium says in a detailed blog post outlining its position and plans for its CurrentC mobile wallet that has been published in response to criticism of the decision taken by member merchants CVS and Rite Aid to pull support for NFC payments. “We’re very proud of our team and our product and we’re genuinely excited to deliver it to consumers; until then, we’ll stay hard at work.”

McDonald’s adopts Softcard

October 28th, 2014

McDonald’s 14,000 restaurants and drive-thru locations across the US have begun accepting Android NFC mobile payments following a successful pilot program with carrier joint venture Softcard that began in 2013. The fast food chain is also accepting Apple Pay following the launch of the payment service last week.

Apple Pay and HCE to push NFC payments to more than 500m users

October 28th, 2014

There will be some 516m users of NFC mobile payment services by the end of 2019, up from 101m this year, thanks to the launch of Apple Pay and HCE, a forecast from Juniper Research has found. “We would envisage that while NFC deployments and consumer activity will be buoyed by these developments, the opportunities for network operator involvement are limited,” says author Dr Windsor Holden. “Hence, we are likely to see more operators re-evaluating their existing commitments to NFC and possibly withdrawing from the space.”

NFC tech included in iPad Mini 3

October 27th, 2014

Apple has included an NFC chip in its new iPad Mini 3, a teardown by iFixit has revealed. The NXP 65V10 NFC controller spotted by the team is the same part used in the iPhone 6, iPhone 6 Plus and the iPad Air 2.

Apple patent unlocks cars with BLE

October 27th, 2014

A recently published Apple patent hints that the company is working on future CarPlay functionality that would allow users to lock and unlock car doors, start engines and perform other tasks using their iOS device and geofence technology. The company’s iBeacon location system could also play a part in the service, the Accessory Control with Geo-fencing patent explains.

Ecocash tests NFC payments in Zimbabwe

October 27th, 2014

Mobile network Econet’s payment service Ecocash is piloting NFC payments in Zimbabwe with cards that let users pay by tapping against a custom merchant device, TechZim reports. “The card was being distributed to any willing signup at selected tertiary institutions which include University of Zimbabwe, Seke Teachers’ College and Belvedere Teachers’ College,” the publication says. “Some providers/merchants that have been opted into this pilot include public transport operators and a few other retail outlets which are likely going to be located at these tertiary institutions.”

Alipay demos biometrics for in-store payments

October 27th, 2014

Chinese online payments giant Alipay demonstrated Alipay Touch, a fingerprint biometric system for its mobile wallet app, at a conference in Beijing earlier this month. AliPay Touch allows users to make mobile payments through Alipay Wallet by swiping their finger, WSJ reports. The company is also working with startup Megvii to add facial recognition technology to the wallet for account creation and verification.

CBD launches bank branch in Facebook

October 27th, 2014

Commercial Bank of Dubai (CBD) has launched a virtual bank branch for Facebook, letting its online banking customers check balances, pay credit card bills, transfer money between accounts and track expenses from within the social network. Customers need to link their online banking profile to their Facebook account and verify the setup using a one-time password sent to their mobile device to use the service.

Aston Club reaches 22,000 users

October 27th, 2014

Australian mobile payment startup Aston Club has revealed it has signed up more than 22,000 users since its launch last year and is now being accepted in over 260 hospitality venues across the country. The solution is integrated into a bar or restaurant’s point-of-sale system and lets customers set a tab limit within the mobile app and complete their purchase as they leave using their chosen credit card.

TCH plans real time payments

October 27th, 2014

The Clearing House (TCH) and its member banks are planning to build a real-time payment system in the US that will enable consumers and businesses to send and receive immediate payments directly from their accounts. “The digital economy moves in real time and our customers expect us to keep pace,” says chairman Richard Davis. “We will work with the industry to build a real-time payment infrastructure, which will enable consumers to pay and get paid securely and conveniently.”

Bookatable tests iBeacon at 119 restaurants

October 24th, 2014

Europe’s largest online restaurant booking website is testing Apple’s iBeacon location technology to send offers and menus to potential diners toting iPhones as they pass by a participating location. Bookatable has worked with American Express to install BLE beacons in 119 restaurants participating in the London Restaurant Festival, including Ping Pong, Spaghetti House, Villandry, Oxo Tower, Thai Square and STK London.

Apple Pay to launch in Korea?

October 24th, 2014

Apple is eyeing up the possibility of launching Apple Pay in Korea, Korea Bizwire reports. “It is reported that the American company inquired with the Financial Supervisory Service about the electronic payment business licensing and security suitability evaluation procedure,” the article says. “According to financial industry sources on October 20, officials from Apple Korea visited the financial regulator recently and asked about domestic registration of its new e-payment service Apple Pay.”

Amazon Rewards to join Apple Pay

October 24th, 2014

Amazon has confirmed to TechCrunch that its Rewards Visa Card, powered by Chase, is to support Apple Pay in the future and the company is already working on making this happen. “While Amazon has confirmed that it is working to bring Apple Pay to its credit card, there is no specific timeframe for that to happen at this point,” the article explains. Update: It’s now live.

Apple builds NFC tech into iPad Air 2

October 23rd, 2014

A teardown of the iPad Air 2 by iFixit has found that Apple has included an NXP 65V10 NFC module in the new tablet. The part is the same used to provide NFC functionality in the iPhone 6 and 6 Plus and its inclusion is a surprise as no mention of any NFC capability was made when the iPad Air 2 was announced last week.

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