News about Joint venture.
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…
March 21st, 2014
Nigerian mobile payments provider Teasy Mobile is to equip its mobile money agents with POS terminals that use biometric technology to verify a consumer and NFC to allow them to make a payment. VeriFone Mobile…
February 6th, 2014
Weve, the mobile commerce joint venture between the UK’s three largest mobile network operators, has partnered with MasterCard to add NFC payments to its offering. “We are in dialogue with all the major banks” and…
November 25th, 2013
October 29th, 2013
Strategy Analytics has “marginally lowered” its outlook for NFC mobile payments “to reflect the slow pace at which operators are pushing NFC payments service, limited NFC payment deployments by OEMs, and the continued slow adoption…
September 11th, 2013
The new CEO of TSM NZ, the NFC joint venture formed by Paymark, Telecom New Zealand, Vodafone and 2degrees in 2012, has announced that its mobile wallet will be available to the New Zealand market…
August 12th, 2013
Canadian cooperative financial group Desjardins is to roll out NFC payments to members and clients in 2014, using a mobile payment application developed by Monitise. EnStream, a joint venture formed by Canada’s mobile network operators,…
July 3rd, 2013
UK 4G mobile network operator EE has announced it will be launching a new NFC mobile payments service later this month, in partnership with MasterCard. The Cash on Tap service will offer customers the ability…
June 11th, 2013
Weve, the mobile advertising and payments joint venture formed last year by UK mobile network operators Vodafone, EE and O2, aims to launch a mass market NFC payments service “by next year”, CEO David Sear…
April 3rd, 2013
The new Mobile Ticket service is available on 96% of the city’s public transportation network and is set to be expanded to up to nine more cities across Russia this year.
March 13th, 2013
Weve, the joint venture between the three major mobile network operators that is working to bring mobile payments services to market in the UK, has chosen customer interaction specialist The Logic Group as one of…
February 27th, 2013
Russia’s “Big Three” mobile network operators — MTS, Vimpelcom and MegaFon — are in discussions to create a joint venture company for the rollout of NFC services, Alexander Popovskiof, vice president of operations at MTS, has told Vedomosti.
February 24th, 2013
Customers of Canadian mobile operators Bell Mobility, Rogers and Telus will be able to use NFC for secure authentication and identification after the EnStream mobile commerce joint venture signed a deal with credential issuer SecureKey. SecureKey recently…