News about the NFC market in China — trials, pilots, tests and live services.
October 8th, 2015
Samsung has responded to a New York Times report that claimed a hacking group affiliated with the Chinese government penetrated the corporate network of LoopPay, the inventor of Magnetic Secure Transmission (MST) technology that was…
October 5th, 2015
A team of NFC payments veterans has launched a campaign on Kickstarter to raise funds for an NFC ring that can be used to make payments at contactless POS terminals and across the Transport for London network.
September 29th, 2015
Chinese e-commerce giant Alibaba and its affiliate Ant Financial are to make a “strategic investment” believed to be worth some US$680m in Indian mobile payment platform Paytm through an agreement with its parent company One97 Communications….
September 28th, 2015
Shenzhen-based wearable device maker FiiSmart has launched a campaign on ecommerce giant Alibaba’s Taobao Crowdfunding website for a smartwatch that will support Ant Financial’s mobile payment platform Alipay and allow its wearers to make payments…
September 24th, 2015
Chinese customers of fast food chain McDonald’s will soon be able to use Ant Financial’s Alipay QR code mobile payment platform to pay for their food and drink in more than 2,100 restaurants. The roll-out…
September 24th, 2015
More than US$30m has been spent through Samsung Pay since the mobile payment service’s launch in Korea one month ago, Samsung has revealed. In total, more than 1.5m transactions were conducted, of which 60% took…
September 22nd, 2015
Some 1,471 Pizza Hut restaurants in mainland China have installed Bluetooth Low Energy (BLE) beacons from Sensoro to send out coupons, WeChat movie ticket prizes, special offers and discounts directly to customers’ smartphones. “Customers in…
September 18th, 2015
Apple has reportedly set up a new company called Apple Technology Services (Shanghai) to bring Apple Pay to China. The company “will launch new major commercial activities — Apple payment services, including adding a new mobile payment feature on Apple’s iPhone and other end products,” Yicai reports. Apple told Agence France-Presse this week that CEO Tim Cook hopes to launch Apple Pay in the country “as quickly as possible”.
August 27th, 2015
Chinese chain store operator Cyber Group has launched a joint venture with beacon platform provider Sensoro to roll out Bluetooth Low Energy (BLE) beacons across Japan and the Greater China region. The companies have already deployed beacons across Tokyo’s top shopping center Marunouchi and will roll out the platform to more than 20 shopping centers and retail stores in the city. They will also install more than 5,000 beacons in 40 shopping districts in Taiwan before the end of October.
August 25th, 2015
The NFC Forum has added new associate, implementer and non-profit members, following the recent addition of Apple as a sponsor member. “Representing industries as diverse as automotive electronics, digital imaging, microelectronics and asset management, the 19 new members include organisations based in Austria, Belarus, China, Japan, South Korea, Taiwan and the US,” the association says. (See the full list of new members here…)
August 12th, 2015
Korean mobile network operator LG U+ will issue UnionPay mobile credit cards and payment services in China, in partnership with KB Kookmin Card, from next month. “The telecoms operator is about to obtain approval from the People’s Bank of China,” Business Korea reports. “The users can use NFC-based mobile credit card payments at five million UnionPay terminals in China.”
August 4th, 2015
People’s Bank of China has proposed new regulations that could force internet companies Alibaba, Tencent and Baidu to offer each others’ online payment services alongside their own. “If payment services from social networking and online entertainment firm Tencent and search firm Baidu are offered on Alibaba’s ecommerce sites, users could opt to use those,” Reuters reports. “Alternatively, Alipay could cement its dominance if customers opt to use it on rivals’ platforms.”
July 24th, 2015
More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call. The…
July 24th, 2015
One in six consumers find usernames and passwords “cumbersome” and 77% are interested in using alternatives to protect their security on the internet, research from Accenture reveals. More than half (58%) say they are interested…
July 17th, 2015
Lenovo is to equip its new smartphones in China with Oberthur Technologies’ (OT) Pearl embedded secure element (eSE) to offer mobile payment and transport services. “Equipping three different smartphones models with OT’s eSE, Lenovo will provide Chinese users with convenient and secure NFC services, enhancing their transit and payment experience,” OT says.
July 15th, 2015
Australia’s Ferngrove Wines is to equip smart wine bottles in China with NFC tags to help authenticate individual bottles throughout the supply chain, ensuring they are packaged, shipped, stocked and purchased in their original factory-sealed state….
July 9th, 2015
July 9th, 2015
PARTNER NEWS: Digital security company Gemalto is supplying wristbands carrying an embedded Optelio Contactless Minitag and a fitness tracker across the transportation network in Wuhan — one of the most populous cities in central China — to…
July 8th, 2015
Ant Financial has released a new version of its Alipay app for iOS and Android, adding new Friends and Merchants tabs that provide support for peer-to-peer payments and for Koubei, the US$1bn mobile commerce joint venture between Ant Financial and Alibaba that was announced last month.
July 7th, 2015
Shops and restaurants in Macau which accept the Macau Pass contactless card can now apply to upgrade their terminals to enable support for Alipay mobile payments and China UnionPay Quick Pass cards. “This new service mainly targets the city’s souvenir shops, supermarkets, convenience stores, bakeries and restaurants,” George Zhang from Macau Pass’ said in Macau Business Daily.