News about Joint venture.
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.
November 5th, 2015
A joint venture between credit card companies Aduno Group and Swisscard and software provider Netcetera is to launch the SwissWallet payments platform in Switzerland. “From mid-November, SwissWallet, in cooperation with MasterPass, can be used in online shops,” the joint venture says. “The launch of contactless payments with an NFC-embedded mobile phone in retail stores as well as international peer-to-peer payment functions are planned for the second half of 2016.”
July 22nd, 2015
A new joint venture that includes the US-based Mayo Clinic and Germany’s Fraunhofer Institute is developing an NFC-based diabetes monitoring system to replace the traditional glucometers that are currently used to monitor patients’ blood sugar levels. The system will also use phones to control insulin delivery, using disposable NFC insulin delivery systems.
July 8th, 2015
Ant Financial has released a new version of its Alipay app for iOS and Android, adding new Friends and Merchants tabs that provide support for peer-to-peer payments and for Koubei, the US$1bn mobile commerce joint venture between Ant Financial and Alibaba that was announced last month.
June 4th, 2015
The CEO of AT&T has admitted that the US carrier’s mobile payment efforts have failed in light of the closure of Softcard, the joint venture between it, T-Mobile USA and Verizon. “In the end, we thought we’re probably better off not investing more money in this space,” Ralph De La Vega told Forbes. “It seems like a more natural fit for the OS manufacturer doing those kinds of things. We decided to focus on another part of the business and not continue on the mobile payments area.”
May 14th, 2015
MTS and SaskTel have become the latest Canadian mobile network operators to launch NFC mobile payment services using EnStream, the joint venture between Bell Mobility, Telus and Rogers Communications put in place to act as…
May 5th, 2015
O2, one of the three UK mobile network operators that formed the mobile commerce joint venture Weve three years ago, has bought out partners EE and Vodafone to operate the brand as a wholly-owned subsidiary — and…
March 26th, 2015
ANZ Bank New Zealand is to add NFC mobile payments to its popular goMoney mobile banking app later this year. The goMoney Wallet feature will be available to 120,000 customers with Android NFC phones and…
March 17th, 2015
MFS, a joint venture between Telefonica-owned carrier Vivo and MasterCard, has expanded its Vivo Zuum mobile payment service to São Paulo, the biggest city in Brazil. The service lets users make in-store payments via USSD, pay bills, transfer funds between Vivo Zuum accounts, top up prepaid airtime and withdraw cash from MasterCard ATMs. Vivo Zuum is also available in Salvador, Belo Horizonte, Porto Alegre and Aracaju.
March 9th, 2015
The Softcard mobile wallet service is to close down altogether at the end of March 2015 in the wake of a deal between Google and the three US carriers that founded the NFC payments venture. “As of 3/31 your Softcard app will no longer work,” the company says. “You can continue to use the Softcard app until 3/31. After that your account will be closed. To keep using a digital wallet app download Google Wallet now.”
February 24th, 2015
Google’s deal with AT&T Mobility, T-Mobile USA and Verizon Wireless to have Google Wallet pre-installed on their Android phones marks the end of the road for Softcard, the NFC payments joint venture set up as…
January 30th, 2015
Strex, the mobile payments joint venture between Norwegian carriers Telenor, TeliaSonera and Tele2, has selected software and services provider Amdocs’ Mobile Financial Services solution to “consolidate the operators’ multiple SMS-based payment systems into one” mobile wallet. Strex will now be able to offer users a single solution to pay for digital and physical goods or services, send money and pay bills using “either SMS, web, USSD or via a mobile app,” Amdocs says.
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.
November 26th, 2014
Semble, the NFC payments joint venture between New Zealand’s carriers and the Paymark payments network, is using Gemalto’s Allynis Trusted Service Hub to secure over-the-air provisioning of payment credentials to users’ NFC devices. Semble began the pilot of its NFC payments service earlier this month.
November 10th, 2014
US carrier joint venture Softcard’s NFC mobile payments service will be available on more than 100 devices by the end of the year. “We believe in customer choice — it’s one of our core principles and an important factor in driving widespread consumer adoption,” says CEO Michael Abbott. Softcard currently runs on selected Android and Windows Phone devices, with support for iOS planned.
November 5th, 2014
Semble, the NFC payments joint venture between New Zealand’s carriers and the Paymark payments network, has begun testing its NFC mobile payment solution with 250 of the company’s shareholders and stakeholders in Auckland and Wellington. “The piloteers will test and experience the full Semble journey; downloading the app from Google Play, populating their wallets with live versions of their ASB and BNZ credit and debit cards and then making payments,” Semble explains. The pilot is expected to run until early 2015.
October 8th, 2014
TSM NZ, the NFC payments joint venture between New Zealand’s carriers and the Paymark payments network, has announced a new brand name, a November date for its first trials — and a marketing partnership with…
September 16th, 2014
UK carrier owned mobile commerce venture Weve has cancelled its planned mobile wallet service in the wake of the Apple Pay launch, The Telegraph reports. “A source at one mobile operator said Apple’s move meant it would have to write off gaining a share of payments from iPhone users, who represent about a third of the UK smartphone market,” the article says. Weve’s US equivalent, carrier joint venture Softcard, is continuing with its plans, however, and hopes to be available on NFC-enabled iPhones in 2015.
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…