News about the NFC market in South Africa — trials, pilots, tests and live services.
October 10th, 2016
Customers of First National Bank (FNB) can now make NFC mobile payments using the latest version of the financial institution’s mobile banking app. “A first in Africa, FNB Pay enables customers to quickly and conveniently purchase goods below R200 (US$14.46) without entering their card PIN,” FNB says. Users can add “any of their FNB cards” to FNB App 5.0 for use with the new feature. The app includes support for fingerprint identification and a version has also been launched for smartwatch devices.
September 20th, 2016
Mobile network operator MTN has discontinued its Mobile Money service in South Africa due to “lack of commercial viability” following its launch in 2012. “The operating costs of providing a mobile money platform have become prohibitive,” says Larry Annetts, chief consumer officer at MTN South Africa. “The decision by MTN SA to shelve its mobile money service does not signify a complete exit from financial services — we are exploring opportunities in the financial services space and other adjacent sectors.”
August 10th, 2016
Samsung is involved in “detailed work” with South African banks and regulators to launch Samsung Pay in the country early next year. “We are quite far down the line talking to local banks,” says Craige Fleischer, the company’s South African director for integrated mobility, as reported by Techcentral.
July 27th, 2016
The Payments Association of South Africa (PASA) has unveiled a new standardised specification to facilitate biometric authentication on payment cards.
May 17th, 2016
South African consumers will soon be able to make payments using an NFC sticker on the back on their mobile phone via a service launched by mobile financial services provider MobiCash and mobile payments platform Boloro….
May 3rd, 2016
PARTNER NEWS: NFC and mobile payments pioneer Proxama has completed the integration of Discover’s D-Payment Application Specification (D-PAS) contactless product into its EMV enablement solution. The EMV solution will support the roll out and use of chip cards from multi-purpose charge card provider Diners Club South Africa.
April 14th, 2016
Chinese ecommerce giant Tencent’s WeChat mobile payments and messaging app has been integrated with Givex’s Vexilor point-of-sale solution to enable users of the service to make in-store purchases by scanning a QR code.
January 29th, 2016
Chinese ecommerce giant Tencent is testing its WeChat Wallet service with users in Hong Kong. “Users who are part of the pilot programme will be able to link their Hong Kong credit cards to the service and purchase items using the WeChat app, including movie and flight tickets,” the South China Morning Post reports. “A source close to the company said it may take several months before the payment service is rolled out to all WeChat users in the city.” WeChat Wallet launched in South Africa in November 2015.
January 27th, 2016
A 16-page study that presents findings from research into how companies approach payment data security is now available to download from the NFC World Knowledge Centre. The study also reveals why IT professionals believe the risk…
November 30th, 2015
Chinese ecommerce giant Tencent has launched a mobile wallet service in South Africa in partnership with Standard Bank. The service lets users of social messaging app WeChat make P2P transfers, pay for services such as airtime, data and electricity and make in-store payments by scanning QR codes at merchants supporting the SnapScan mobile payments platform.
November 18th, 2015
Customers of South Africa’s First National Bank (FNB) can now redeem mobile coupons and vouchers through the bank’s mobile banking app directly at the point of sale. Participating retailers include supermarket chains Checkers and Shoprite….
September 16th, 2015
South Africa’s Absa Bank is to be the first to develop a proof of concept trial of a new Visa specification that will enable the use of biometrics to verify EMV chip card transactions. The…
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…
April 13th, 2015
South African mobile payments company SnapScan has rolled out Bluetooth beacon based in-store mobile payments at 50 merchants in Cape Town and Johannesburg. The SnapBeacons system pops up a “pay here” button on the customer’s phone as they come within range of a store’s beacon. “SnapScan customers can now simply tap a button in the app to initiate the transaction via Bluetooth,” Ventureburn explains. “A message on the customer’s phone will alert them when the option is available.”
January 9th, 2015
South Africa’s Nedbank is internally testing a proof-of-concept mobile payments app called Accolades that uses BLE beacons to connect customers to retailers as they enter the store. “In concept, the app would provide the product list or menu of the participating store, letting customers select the product and quantity and check it out in their mobile shopping cart without queues,” BusinessTech reports.
May 22nd, 2014
Standard Bank, one of South Africa’s largest financial services groups, has launched a service that allows small merchants to accept mobile payments by simply placing a QR code at their point of sale, with no…
October 11th, 2013
South African mobile transaction platform provider WiGroup is testing an NFC payments and coupon solution with one of the country’s largest retailers, the company has told NFC World, and now plans to bring the technology…
October 9th, 2013
Mobile payments startup Gust Pay provided NFC wristbands to festival-goers at last weekend’s Rocking The Daisies music and lifestyle festival in South Africa. Attendees were able to use the wristbands for cashless payments across the festival site near Cape Town, and the company’s Event Intelligence service was used to provide analytic data.
September 2nd, 2013
South African banking group Absa has expanded its NFC mobile payments trial to eliminate the need for microSD booster stickers and is now offering Samsung Galaxy S4 handsets to participants. The trial started in December…
August 6th, 2013
NFC is to be included in a new range of touchscreen tabletop displays designed for the restaurant trade. Display Points will enable advertisers to target restaurant-goers with interactive advertising and loyalty offers, all uploaded to…