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    Archive: News in brief

    ZTE won’t launch its own mobile payment service

    January 22nd, 2016

    Handset maker ZTE has revealed that it will not be launching its own mobile payment service. “We’re not doing the pay service by ZTE ourselves,” ZTE’s Kan Yulun told Mobile World Live“We will support third parties so our customers can do this service.”

    Jetco to launch P2P payments with 12 Hong Kong banks

    January 21st, 2016

    Hong Kong ATM network Jetco has partnered with 12 banks to offer Jetco Pay P2P, a service that will let customers transfer funds using the recipient’s mobile number. “The service is directly linked to a consumer’s bank account, meaning no top-up will be required,” Jetco says. The service is expected to roll out in the second quarter of 2016. Jetco announced plans to offer an NFC payment service to its member banks in February 2014.

    One in six Koreans use mobile to pay in-store and online

    January 21st, 2016

    One in six South Korean consumers (15.8%) have used a mobile to pay for in-store or online purchases, research by The Bank of Korea shows. “44.4% said they used their mobile devices for shopping up to three times per month,” Yonhap News Agency reports. “49.5% said they used the mobile banking services twice a week, followed by 36.4% who have tried the service at least once over the past six months.”

    Rite Aid deploys 4,500 Bluetooth beacons

    January 20th, 2016

    US pharmacy chain Rite Aid has deployed more than 4,500 Bluetooth Low Energy (BLE) beacons across its US stores to send personalised messages to its customers. “This is the largest retail deployment to date,” says beacon provider inMarket. “The proximity program will also be integrated with Rite Aid’s own app.”

    KPN and Rabobank to launch SIM-based NFC payments

    January 19th, 2016

    Dutch mobile network operator KPN and Rabobank have unveiled a SIM-based NFC mobile payment solution that will launch this spring. “The Rabo Wallet enables consumers to download their digital bank card to their KPN NFC SIM-kaart,” technology provider UL says. “The Rabo Wallet, in addition to being a mobile banking app, also offers client cards, membership cards and vouchers.”

    Radius Bank launches P2P transfer service

    January 18th, 2016

    Customers of the USA’s Radius Bank can now make peer-to-peer money transfers using the recipient’s email address or mobile number. “To send money via Radius Pay a Friend, users simply access the service from their online or mobile banking account, enter the recipient’s email address or mobile phone number and payment amount and verify the transaction using their debit card’s personal identification number,” the bank says.

    Estimote raises US$10.7m

    January 18th, 2016

    Beacon manufacturer Estimote has raised US$10.7m in a Series A investment round led by Javelin Venture Partners. “The investment will help us to accelerate innovation and expand our operations in New York, in our European office in Krakow and expand our San Francisco office,” the company says.

    Paytm trials sound-based payments

    January 15th, 2016

    Indian mobile payment platform Paytm is trialling a Sound Pay feature that will enable users of its mobile app to make in-store payments via ultrasonic sound waves which transmit data — including payment amount and customer credentials — to the point of sale. “Once the consumer’s app transmits data, the seller’s app checks whether there is enough money in the Paytm wallet before the transaction is completed,” Economic Times reports.

    CaixaBank launches mobile-only bank

    January 14th, 2016

    Spain’s CaixaBank has launched a mobile-only bank to provide banking services through mobile apps and social networks. “ImaginBank customers manage their products and services via apps,” the bank says. “Everything is run entirely on mobile devices.” An app, initially only available for Android devices, offers ImaginPay NFC payments and the service also supports contactless wristbands and smartwatches.

    Oxford Tube gets mobile ticketing

    January 14th, 2016

    Travellers on regular bus services between London and Oxford can now buy tickets for travel directly from their smartphone using the Oxford Tube Mobile Tickets app developed by Corethree. “A range of Oxford Tube tickets are available through the new app,” the mobile ticket provider says. “Once products have been purchased, they are stored on the customer’s phone and can be activated without access to the internet.”

    London cabs get PayPal Here

    January 13th, 2016

    London commuters will soon be able to pay for black cab fares with an NFC device or a contactless card using PayPal Here, the company’s contactless reader that launched in the UK in August 2015. “PayPal Here has been approved as a card payment solution by Transport for London (TfL),” PayPal says. All London taxis will be required to accept contactless payments from October 2016, TfL confirmed in November.

    Mercedes shows NFC keys in Detroit

    January 12th, 2016

    Mercedes is showing its new E-Class cars with NFC entry for the first time at the Detroit Motor Show this week. “The drive authorisation system uses NFC and allows the driver’s smartphone to be used as a vehicle key,” the luxury car maker says. The E-Class also allows a phone to be paired with the car’s entertainment system via NFC by placing it on a Qi wireless charging pad built into the centre console. The new E-Class is expected to be available from the second quarter of 2016.

    Canada’s BMO to support Apple Pay?

    January 12th, 2016

    Canadian bank BMO is “actively evaluating Apple Pay as a mobile payment option” for its customers, an email seen by iPhone In Canada reveals. “Back in October, sources claimed BMO was planning to launch Apple Pay but that front has remained quiet since then,” the publication reports. Apple Pay launched in Canada with support from American Express in November 2015.

    NanoPay acquires Mintchip digital currency

    January 12th, 2016

    Mintchip, the digital currency developed and field tested in an NFC payments pilot by The Royal Canadian Mint, has been acquired by Loyalty Pays Holdings Corporation, a subsidiary of NanoPay. “NanoPay is now focused on expanding partnerships with central banks, commercial banks, telcos, acquirers, retailers as well as developers and POS providers that will further expand the utility and acceptance of MintChip,” the loyalty and payments platform provider says.

    Costa Rican bank adds facial recognition to mobile app

    January 12th, 2016

    Customers of Banco Nacional de Costa Rica will be able to access their bank account and check their balance by scanning their face using their mobile device from the second quarter of this year. In a second phase the bank will extend face recognition to users of its web-based banking facilities, says technology provider FacePhi.

    Mumbai commuters test mobile ticketing

    January 12th, 2016

    Commuters in Navi Mumbai, India, are piloting a service provided by Birds Eye Systems that lets them pay for bus fares on their mobile phone. “The bus conductors carry a mobile device which can verify the e-ticket from the app,” Medianama reports. “The Ridlr app connects with a bus conductor’s mobile device via a combination of Bluetooth and wireless technology.” The pilot is being conducted in partnership with Navi Mumbai Municipal Transport (NMMT).

    Tangerine customers get chat-based banking

    January 11th, 2016

    Customers of Canada’s Tangerine Bank will soon be able to conduct transactions using Secure Chat, a service that will let them interact with the bank over a real-time chat session. “Clients will be able to interact on a wide variety of confidential banking matters, which could include getting specific account details or completing transactions, all within a chat session from the convenience of their mobile device or computer,” the bank says.

    CES hosts BLE scavenger hunt

    January 11th, 2016

    Attendees at this year’s CES show in Las Vegas had the chance to participate in a scavenger hunt that used Bluetooth low energy (BLE) beacons provided by Radius Networks. The devices alerted participants on their smartphones whenever they were near a hunt location and could earn scavenger hunt badges. Beacon solution provider Kontakt.io hosted a US$1m beacon hunt at the event last year.

    Bell ID white paper helps banks explore tokenization options

    January 8th, 2016

    A white paper that clarifies the role of the token service provider (TSP) for banks and proposes five key features that financial institutions should look out for in a TSP is now available to download from the NFC World+ Knowledge Centre. ‘Five key features to look for in a token service provider solution’ has been produced by Bell ID and aims to help banks decide on the most appropriate tokenization solution for their needs.

    UK fundraisers to get contactless tins

    January 7th, 2016

    Fundraisers in the UK are to be equipped with a new generation of collection tins that will let passersby donate to charity with a tap of a contactless card. “The idea is that if someone has no coins on them, only cards, they will still be able to donate,” The UK Cards Association told NFC World. The association is developing the tins in partnership with UK charities including Cancer Research UK.

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