News about the NFC market in Taiwan — trials, pilots, tests and live services.
February 4th, 2016
Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019.
January 6th, 2016
Customers of Taiwan’s E.Sun Bank can now use the bank’s mobile wallet app to make host card emulation (HCE) based mobile payments at contactless terminals. The bank is launching the service in collaboration with Visa….
October 29th, 2015
October 26th, 2015
Taiwan Mobile Payments Co (TWMP), the mobile payments TSM venture established in 2014 by three Taiwanese banking groups, has signed a deal with Mozido to provide its 27 member banks and financial institutions with a…
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 26th, 2015
Japanese instant messaging giant Line has released an initial list of Taiwanese stores at which its mobile payment service Line Pay can be used. “The Line Pay digital wallet can pay for purchases starting Wednesday in nearly 30 local stores, mostly online merchants such as ET Mall, beauty brand 86 Shop, online bookstore Kingstone and digital music service KKBOX,” Focus Taiwan reports.
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 10th, 2015
Employees of Taiwan’s CTBC Bank have begun piloting an ATM that uses both a finger vein scanning solution from Hitachi and facial recognition technology to authenticate transactions. “The pilot programme utilising biometric security began this week for employees working at the CTBC Financial Park in Taipei’s Nangang Business Park,” Planet Biometrics reports.
July 21st, 2015
Customers of convenience store chain 7-Eleven in Taiwan can now make mobile payments using a mobile wallet provided by Pi Mobile Technology backed by a bank card supplied by CTBC Bank. “Consumers can make electronic payments of less than NT$1,000 (US$31.95) at 7-Eleven stores nationwide with the Pi app running on their smartphones as the app creates a barcode on a user’s smartphone display,” Taipei Times reports.
May 13th, 2015
Two thirds of Australians are now aware they own a contactless payment card and 53% have made a contactless transaction, research released by RFi Group has revealed, taking the country to the top of a leaderboard…
January 23rd, 2015
Taiwan Mobile Payment Co (TWMP), the consortium of regional banks bringing NFC payments to market in Taiwan, is to use Oti Wave, the NFC payment dongle developed by On Track Innovations. TWMP was formed in July 2014 by three Taiwanese banking groups and has since signed up 27 banks to use its NFC hub to connect with local carriers. Oti Wave, unveiled in 2012, is certified by Visa and MasterCard, and has also been adopted by Hong Kong ATM network JetCo. The device has also been tested by a major US bank.
December 10th, 2014
Twenty seven banks have signed up to use an NFC payments hub being introduced by Taiwan Mobile Payment Co (TWMP), a joint venture formed in July 2014 by three Taiwanese banking groups that will work with local carriers to enable the banks to securely provision customers’ card details to their NFC phones. The new hub is being provided to TWMP by Gemalto.
October 21st, 2014
Taiwanese computer maker Acer is to join Apple and Samsung in introducing a payment service for users of its mobile phones and wearable devices, Want China Times reports. The company has partnered with fingerprint sensor provider Egis Technology to develop the cloud-based solution, stating that fingerprint recognition technology is expected to play a “critical part of authentication and making payments” with the service.
October 2nd, 2014
Subscribers to Chunghwa Telecom with accounts at any of four Taiwanese banks will be able to download a virtual version of their credit card to their SIM card and use it to make NFC payments…
July 25th, 2014
“USI is the sole SiP [system in package] supplier for iWatch devices, which are expected to come in three versions: one style for men, one for women, and another low-cost version due for release in 2015”, sources have told Taiwan’s DigiTimes.
July 18th, 2014
The TSM service for NFC payments being built by a joint venture between five Taiwanese carriers and prepaid card provider Easycard is to go live by the end of 2014, the partners have announced. A…
July 8th, 2014
Taiwan’s Fair Trade Commission has approved a plan to establish a TSM platform that the country’s financial institutions will be able to use to introduce mobile payments services, Want China Times reports. Financial Information Service Co, the National Credit Card Center of ROC and the Taiwan Clearing House will jointly create the platform. The partners aim to have the TSM service up and running in December 2014.
July 1st, 2014
Japan-based payments network JCB is to begin testing a contactless payments service in Tokyo this month, ahead of a commercial rollout in 2015. “In addition to plastic cards, J/Speedy can be issued for a wide…
February 25th, 2014
Japanese carrier KDDI, Korea’s SK Planet, Taiwan’s Chunghwa Telecom and Hong Kong Telecommunications (HKT) are to work together to spread adoption of NFC services in Asia, using a shared NFC tag specification, brand mark and…
February 24th, 2014
Taiwan Mobile has introduced an NFC bracelet that can be used to assist the elderly, and in particular those suffering from Alzheimer’s disease, should they get lost. When someone comes across a lost person wearing one of the smart wristbands, they simply touch the bracelet to their smartphone to send an alert containing the ID of the bracelet and their GPS location to a pre-set list of family, friends and relevant authorities.