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February 9th, 2015 • By Rian Boden • Last updated 9 February 2015, 18:01

UK to increase contactless transaction limit by 50%

The spending limit for contactless transactions is to be increased from £20 (US$30) to £30 (US$46) in September 2015, The UK Cards Association has told NFC World. The move follows the news last week that contactless card usage surged in the UK in 2014 to 319.2m transactions with total spend more than trebling to a record £2.32bn.

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Partner news NFC

February 9th, 2015 • By Mike Clark • Last updated 9 February 2015, 17:10

NXP offers pre-validated NFC mPOS module

PARTNER NEWS: An mPOS module that provides developers with “a complete hardware and software reference demonstrator for secure near field communication enabled mobile point of sale solutions” has been developed by NXP in partnership with Creditcall and ViewAt Technology.

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BLE

February 9th, 2015 • By Rian Boden • Last updated 6 February 2015, 15:23

Bluetooth beacons could be just the ticket for UK rail passengers

UK rail passengers could soon have their tickets verified automatically as they walk through fare gates at a station, using a Bluetooth Low Energy (BLE)-enabled mobile ticketing app due to be built by Bytemark.

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NFC

February 6th, 2015 • By Rian Boden • Last updated 6 February 2015, 16:31

Contactless payment card shipments grow 35%

Four out of every 10 smart payment cards shipped in 2014 (40%) were contactless, representing a year-on-year growth of 35% with much of the increase driven by Europe and Asia, the Smart Payment Association’s annual review of the card payment market has revealed. A total of over 1.5bn smart payment cards were shipped globally last year.

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Partner news NFC

February 6th, 2015 • By Mike Clark • Last updated 6 February 2015, 16:32

DCR wins award for HCE prepaid payments service

PARTNER NEWS: DCR’s truTap Mobile Wallet, powered by Carta Worldwide’s host card emulation (HCE) technology, has been named the “Gotta-Have Mobile App” in Paybefore’s annual awards for excellence in the worldwide prepaid, mobile and emerging payments industry.

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NFC

February 6th, 2015 • By Rian Boden • Last updated 6 February 2015, 15:32

NXP CEO: China will be next major NFC payments market

Chip maker NXP will focus on the “significant” Chinese market for mobile wallets, the firm’s CEO has said, as the company revealed a 40% increase in sales for its emerging ID business in a fourth quarter earnings call.

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NFC

February 6th, 2015 • By Rian Boden • Last updated 6 February 2015, 13:54

Contactless card payments treble in Britain in 2014

Ten contactless transactions took place in the UK every second in 2014, The UK Cards Association has revealed, and total spending on contactless cards more than trebled to reach a record £2.32bn. In total, 319.2m contactless transactions were conducted in 2014, up from 100.4m the year before.

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Partner news NFC

February 5th, 2015 • By Mike Clark • Last updated 5 February 2015, 17:36

HCE specialist SimplyTapp raises an additional US$2.5m

PARTNER NEWS: Fast growing mobile payments platform provider Mozido has made a US$2.5m investment in SimplyTapp, bringing the total amount raised in the host card emulation (HCE) specialist’s Series B financing round to US$10.1m.

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NFC

February 5th, 2015 • By Rian Boden • Last updated 6 February 2015, 14:19

Knit extends Google Cardboard with NFC objects

Creative technology agency Knit has developed a range of NFC-enabled Cardboard Objects that are designed to fit inside a modified version of Google’s Cardboard virtual reality (VR) headset to let users view “relevant app-based content” using real world objects.

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February 4th, 2015 • By Rian Boden • Last updated 4 February 2015, 10:45

Mobile biometrics market to be worth US$33.3bn a year

By 2020, smart mobile devices will include embedded biometric sensors as standard, according to research conducted by Acuity Market Intelligence, creating a US$33.3bn a year market for biometric products and services.

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March 4th, 2015

This week's news

  1. SpotMe app lets Android users spend Apple Pay cash
  2. Qualcomm demos 3D fingerprint technology for mobile phones
  3. Google confirms Android Pay at MWC
  4. PayPal readies contactless reader
  5. PayPal to buy MCX supplier Paydiant
  6. Apple Watch to replace car keys
  7. ZTE launches smartphone with retina scanning for authentication
  8. Video shows Samsung Pay in action
  9. NXP tool helps developers access secure elements
  10. Carta makes HCE simple with hosted Cloud Suite payments platform
  11. Samsung Pay’s success in the US is not assured, says expert
  12. Korea shifts to NFC authentication for mobile banking
  13. Mobile money users grow 41% in 2014
  14. Oberthur’s Pearl SE embedded in Galaxy S6
  15. Niemann Foods rolls out beacon marketing
  16. MasterCard discusses how Samsung Pay works
  17. Samsung unveils Galaxy S6 with NFC and LoopPay mobile payments
  18. Apple Pay provisioning fraud hole “has to get plugged now”
  19. Bank of England ponders own digital currency
  20. Fibank to launch HCE mobile payments
  21. LG smart watch to offer NFC payments
  22. Barclays to allow Twitter payments
  23. Morgan Stanley joins Apple Pay
  24. Diageo unveils smart whisky bottle with ‘game-changing’ NFC tags
  25. Chip makers AMS and ST team up for wearable NFC payments
  26. Google ‘to release Android Pay API in May’
  27. Chase discusses Apple Pay and its own mobile wallet plans
  28. Neiman Marcus rolls out QR payments
  29. MasterCard reports on HCE payments tests in 15 countries
  30. Testing Mobile Payments: HCE and Tokenization webinar — See it now on NFC World
  31. Visa Europe to introduce customized token platform
 
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