News stories featuring American Express and NFC:
April 10th, 2013
MacKay Meters has received EMV Level 1 Contactless Certification for the latest version of its Guardian Solo parking meter. "Meeting these standards clearly shows our customers that the Solo will behave consistently when accepting NFC...
MasterCard fights back against new payments players with increased transaction fees for digital wallets that don’t share data
March 20th, 2013
The new fee is to be applied to "staged" digital and mobile wallets that provide a way for transactions to be charged to a customer's credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but "traditional" NFC wallets will not.
February 13th, 2013
Active users are now paying with Isis five or more times a week, says Jim Stapleton, the NFC payments platform's chief sales officer. "Consumers actually only need to know about the passcode, and you kind of have a mental 'Oh!' right there as they realize their leather wallet does not have a passcode," he explained.
December 4th, 2012
Gemalto's UpTeq NFC SIM has now been certified by American Express, MasterCard and Visa. The SIM is available in a range of form factors and supports contactless payment and other secure services via Amex ExpressPay,...
October 31st, 2012
The new CredenSE products can be used as an external secure element in NFC phones as well as to add NFC functionality to both smartphones and feature phones, without the need for a separate signal booster.
October 22nd, 2012
From today, customers of AT&T, Verizon and T-Mobile with an NFC phone can collect an Isis-enabled SIM from any of the carriers' stores in the two pilot cities.
August 1st, 2012
Google has unveiled a new version of its Google Wallet service that avoids the requirement for individual payment cards to be loaded onto a secure element. Instead, a prepaid MasterCard which draws funds from linked credit and debit cards is pre-loaded onto the secure element.
May 11th, 2012
American Express has extended its deal with US carrier-led NFC joint venture Isis. The move will enable AmEx's US consumer, small business and Serve prepaid cardholders to load a virtual version of their cards onto...
May 9th, 2012
The payments network has announced PayPass Wallet Services, a digital wallet platform that will support NFC. Eighteen financial institutions, American Airlines and bookseller Barnes & Noble are among those who have signed up for the service.
March 7th, 2012
VeriFone, Ingenico, Vivotech and Equinox are all adding support for the US NFC venture's SmartTap service, enabling merchants to both accept payments and process coupons and offers via Isis mobile phones.
February 27th, 2012
The three card issuers' 100 million customers will be able to store a full range of credit, debit and prepaid cards, as well as loyalty cards and special offer coupons, on their NFC mobile phones.
February 21st, 2012
EMVCo, the standards body collectively owned by American Express, JCB, MasterCard and Visa, has officially recognised the GlobalPlatform Compliance Program for validating secure elements as an integral part of its mobile payment certification process. The...
February 14th, 2012
PayPal is planning to offer merchants who adopt its in-store mobile payments service both lower costs and access to more detailed customer data, according to a Reuters news report. Reuters interviewed Don Kingsborough, PayPal's head...
December 12th, 2011
The core trusted service management (TSM) platform to be used by the US NFC joint venture between AT&T, T-Mobile and Verizon Wireless will be provided by France-based Gemalto.
November 21st, 2011
Japanese mobile network operator Softbank, card issuer Credit Saison and American Express have teamed up with NFC technology providers Dai Nippon Printing and Gemalto to test SIM-based NFC payments on Android phones. The three month...
November 16th, 2011
The payments giant's digital wallet is to be called 'V.me' and will launch in 2012 as a payment system for online transactions, with NFC at the point of sale and targeted rewards, offers and coupons set to follow.
November 15th, 2011
VeriFone has acquired electronic payments specialist Point International from Nordic Capital for €600m (US$812m) as the POS terminal maker accelerates its transition to a managed services revenue model. Stockholm-based Point provides a range of services...
November 10th, 2011
American Express is to invest US$100 million in digital commerce startups over the next several years. A new Silicon Valley office will fund innovative technologies in loyalty and rewards, mobile and online payments, fee-based services,...
October 25th, 2011
The bank has unveiled 'Commbank Kaching', a next generation mobile payments service that lets iPhone users easily send money to their Facebook friends, email contacts and phone contacts as well as make payments in stores via an add-on NFC case.
October 11th, 2011
An NFC-based mobile wallet that "will work with not just Visa cards from multiple banks, but other cards like American Express," is set to be introduced in August or September next year, Visa Europe commercial...
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