Sunday 29 November 2015 | RSS



    News about Contactless.

    London taxis to get contactless payments

    November 27th, 2015

    All London taxis will be required to accept contactless payments from October 2016, Transport for London (TfL) has confirmed. “TfL has negotiated with the credit card industry to bring down the cost for drivers of accepting card payments,” TfL says. “This will reduce transaction fees paid by cabbies from up to 10% to 3% or less of the transaction. Taxi drivers will recoup their transaction costs through a proposed 20p increase on the basic fare.”

    Swatch partners with Visa to roll out NFC payment watch in US and Switzerland

    November 26th, 2015

    Luxury watchmaker Swatch has signed a contract with Visa to roll out its Bellamy NFC payment watch following its debut in China in October 2015. “[Swatch CEO] Nick Hayek confirmed that a contract was signed with Visa he gave no further details,” Le Temps reports. The newspaper says that the brand is preparing to launch Bellamy in countries including the US and Switzerland in early 2016.

    Diners Club launches mobile payments in Ecuador

    November 26th, 2015

    Credit card issuer Diners Club of Ecuador has launched PayClub, a service that lets consumers make mobile payments with any Diners or Visa Interdin branded card. To use the service, consumers select “manage card” on their mobile device and press the “generate code” option on the card they wish to use, Diners Club says. They are then “presented with a screen with a code for single use shopping, which you must deliver at the time of purchase”.

    Apple Pay signs deal with China UnionPay?

    November 25th, 2015

    Apple Pay has reached an agreement with China UnionPay to use its point-of-sale network to introduce the mobile payment service in China, according to Bloomberg. “Details of the agreement are yet to be finalized, pending feedback from banks that issue cards,” the publication reports. Apple is reportedly planning to launch Apple Pay in China before 8 February 2016.

    BNP Paribas tests NFC screen shopping

    November 24th, 2015

    French bank BNP Paribas has begun testing an NFC connected screen in its 2 Opéra concept store in Paris, allowing customers to complete transactions by holding their NFC phone or contactless payment card up to… More

    Three launches NFC mobile payments in Austria

    November 24th, 2015

    Mobile network operator Three has launched a SIM-based NFC mobile payments service in Austria. “For this new service, a virtual debit card with contactless payment function based on MasterCard PayPass is being stored on the Android smartphone’s NFC SIM card,” the carrier says. “Three customers can test 3Geldbörse for two months for free. After two months, the new services costs 1€/month.”

    Swipp contactless payment opens up to 30,000 Danish merchants through Verifone deal

    November 24th, 2015

    More than 30,000 Danish merchants using Verifone POS devices will now be able to accept in-store mobile payments through Swipp — a service owned and supported by a consortium of more than 70 banks. This will be made possible via a “minor upgrade” to their existing terminals and “a number” of locations are expected to go live from December 2015, according to Swipp. More

    United Overseas Bank offers HCE mobile payments in Singapore

    November 24th, 2015

    Customers of United Overseas Bank (UOB) in Singapore can now make host card emulation (HCE) based mobile payments for transactions of any value at all Visa PayWave or MasterPass terminals. The new service also makes use of tokenization. More

    Smartwatches to play key role in mobile banking

    November 24th, 2015

    Smartwatches will be used to access banking apps 10m times in 2017, rising to more than 100m times by 2020, Juniper Research predicts. “While wearables, including smartwatches and glasses, are not suited for conducting complicated financial instructions, wrist-based wearables will become a key device for multi-factor authentication,” the company says.

    Apple Pay to launch in China by February?

    November 24th, 2015

    Apple is planning to launch Apple Pay in China by 8 February 2016, according to the Wall Street Journal. “The Cupertino company has struck deals recently with China’s big four state-run banks,” the publication reports. “The effort could still face regulatory hurdles in China, where banking and ecommerce are overseen by a number of government agencies.” Reports that Apple Pay had “hit bumps” in China first emerged in February 2015.

    Samsung Pay adds eight more US issuers

    November 23rd, 2015

    Samsung Pay has added support from eight additional US card issuers including Chase and SunTrust. Others include Citizens Equity First Credit Union, Randolph Brooks Federal Credit Union, Security Service Federal Credit Union, State Employees’ Credit Union, Virginia Credit Union and Navy Federal Credit Union. “Cardholders of all these issuers will be able to use Samsung Pay to pay almost anywhere they can swipe or tap their card,” Samsung says.

    Square rolls out first contactless readers

    November 23rd, 2015

    Mobile POS provider Square is rolling out the first of its $49 contactless readers to 100 US businesses, allowing them to accept chip cards, contactless and NFC payments including Apple Pay. “The first group of businesses to use Square’s new reader include Honey Butter Fried Chicken in Chicago, Philz Coffee in San Francisco, Sump Coffee in St Louis, Cafe Grumpy in New York City and all 20+ merchants in the Urbanspace Vanderbilt food hall in New York,” the company says.

    PhilCare uses NFC phones to speed up health services in the Philippines

    November 23rd, 2015

    Customers of health care provider PhilCare can now hand over contactless membership cards to any of the company’s 200 service providers in the Philippines to provide access to their account details with a tap of a… More

    Rotterdam metro tests contactless cards

    November 20th, 2015

    Employees of Rotterdam’s RET public transportation network are trialling contactless cards for payment and entry on the metro. The service is expected to be made available on smartphones in the future but “it’s not something that’s going to be ready tomorrow,” RET’s Pedro Peters told NOS. “More and more people are banking on the mobile phone. Within a year, the debit card will be on your phone.”

    MasterCard lets Apple Pay users travel for free in London

    November 20th, 2015

    Passengers using Apple Pay to pay for travel with a MasterCard on London’s transport network will have their fares refunded by the payments network over the next four Mondays. More

    MasterCard integrates loyalty programs and mobile payments with new specification

    November 19th, 2015

    MasterCard has introduced a loyalty middleware specification that aims to ease the integration of loyalty programs with mobile payment apps. The standard has been designed to work with “different loyalty schemes, different POS terminals and… More

    Apple Pay goes live in Australia

    November 19th, 2015

    Apple Pay has begun rolling out across Australia, allowing American Express cardholders to make NFC mobile payments using iPhone 6, iPhone 6 Plus, iPhone 6S, iPhone 6S Plus and Apple Watch devices. More

    ST includes AMS NFC chip in dev kit for IoT and wearables

    November 19th, 2015

    PARTNER NEWS: AMS’s BoostedNFC technology has been included by STMicroelectronics in a new NFC board that will let developers quickly implement secure contactless technology in devices with tight space constraints, such as IoT nodes and… More

    American Express unveils NFC, HCE and tokenization platform

    November 18th, 2015

    American Express has launched Amex Enabled Digital Solution, a platform incorporating support for multiple digital wallets, contactless payments based on NFC and host card emulation (HCE), tokenization and express checkout services. The platform is designed to help both banks and merchants, Amex’s Mike Matan told NFC World. More

    NFC secure element shipments grow 40% in 2015

    November 18th, 2015

    A total of 490m NFC secure elements will be shipped in 2015, up 40% on the 350m shipped in 2014, smart security industry association Eurosmart reports. A total of 590m units is expected to ship in 2016, up 20% on 2015. More

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