News about the NFC market in China — trials, pilots, tests and live services.
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.
July 6th, 2015
McDonald’s is to begin piloting a mobile ordering and payment service in China in the third quarter of this year, with the aim of speeding payments and to meet consumer demand. “Given Chinese consumers being so digital, we are now preparing,” a spokesperson told The Wall Street Journal. The news follows fast food chain KFC’s partnership with Alipay to accept mobile payments in nearly 5,000 locations.
July 3rd, 2015
Chinese e-commerce giant Ant Financial has completed a Series A financing round that values the company at more than US$45bn and makes the Chinese government a stakeholder, New York Times reports. The parent company of mobile payments firm Alipay saw its number of annual active users surpass 400m this year, of which 80% are active mobile users.
July 2nd, 2015
French spirits brand Rémy Martin is to launch a connected cognac bottle equipped with an NFC tag that will let consumers check the product is authentic and whether it has been opened and resealed, as well as allowing them to retrieve rewards and special offers after it has been purchased.
June 30th, 2015
Nearly 5,000 KFC China fast food restaurants will accept Alipay mobile payments next month, following in the footsteps of Walmart which is rolling out support for the service in all of its Chinese stores by the…
June 24th, 2015
Chinese e-commerce giant Alibaba and Alipay parent Ant Financial have each invested RMB3bn (US$483m) into Koubei, a joint venture that will let consumers order and pay for local services in China using their smartphone, “with an…
June 19th, 2015
China UnionPay has invested an undisclosed sum in Jetco, the largest ATM network operator in Hong Kong and Macau. The companies plan to co-develop mobile payment technologies, aiming to introduce a service supporting UnionPay’s NFC QuickPass this year. “The bank card association said it would also work with Jetco to develop apps for smartphones and improve existing online payment services,” Caixin reports. Jetco first began working on NFC services in Hong Kong in 2013.
May 19th, 2015
Face++, the Chinese facial recognition technology startup behind Alibaba’s selfie payments service, has secured an additional $25m in a series B funding round, taking the total raised to $47m. Existing investors Qiming Venture Partners and Innovation Works contributed to the round, the company told TechCrunch.
May 18th, 2015
Chinese ecommerce giant Alibaba has launched a platform for brands and product manufacturers that will enable them to place “dotless visual codes” on product packaging so that consumers can scan to check a product’s authenticity…