What's New in Payments

One in four Europeans ready to make payments with a wearable device

Over 175 million Europeans ready to pay with wearable devices — Mastercard — “Overwhelming success of contactless cards peaks shopper demand for wearable payments… One quarter (24%) of Europeans expect to start using ‘tap and go’ contactless payments with a smartwatch, bracelet, keyring or other forms of wearable payments.”


NFC World

IoTize picks ST NFC chip for plug’n’play IoT connectivity

IoTize joins STMicroelectronics partner program to boost plug’n’play solution that slashes time-to-market of IoT enable — STMicroelectronics/IoTize — PARTNER NEWS — “IoTize is introducing the solution in its first low-cost, turnkey IoT demonstrator module — the TapNLink Primer. This Primer will feature NFC connectivity based-on the ST25DV Dynamic Tag IC with 13.56MHz long-range interface and a Bluetooth Low Energy interface. The Primer will enable IoT proof-of-concept demonstrations in minutes by connecting any STM32-based system to a dedicated, provisioned, cloud environment using a smartphone as a network gateway.”


Transit Ticketing Today

Dubai drivers use NFC phones to top up parking purses on contactless transit cards

Now tap a Nol card on your Android phone to pay for parking — Gulf News — “The Roads and Transport Authority (RTA) recently launched a smart service enabling smartphone users to recharge their parking accounts by using the near field communication (NFC) feature of Nol cards and the RTA Dubai app… Users have to download the RTA Dubai app and create an account. The users can then use the Nol card option to top up the e-parking purse available on the app, just by tapping. The system will then transfer the selected amount from the Nol card to the e-parking purse.”


NFC World

NXP to host NFC for consumables and accessories webinar on 22 February

NFC for consumables and accessories — NXP — PARTNER NEWS — “NFC is a great way to identify and authenticate consumables and accessories in industrial and consumer products. Using NFC helps to ensure that only genuine parts are being used and allows to make adjustments of device settings according to part manufacturer, type and end user preferences. Join us in this session to learn how you can develop your own NFC product authentication solution with NXP products using the NFC Nutshell Kit.”


What's New in Payments

Korean card companies to launch joint NFC payments service in bid to combat Chinese QR threat

Korean credit card companies to introduce a joint mobile payment system in March — Business Korea — “Eight domestic credit card firms have completed the development of NFC standard ‘Justouch’ and will jointly promote it by supplying 25,000 readers across the nation by the end of next month… They are concerned about the possibility of Chinese counterparts encroaching on the domestic market if they don’t take action now as mobile payment is very common in China.”


NFC World

Garmin picks NXP chip for wearable payments

NXP and Garmin team up to bring secure and convenient NFC mobile payments to new fitness wearables — NXP — PARTNER NEWS — “[Garmin] has chosen NXP’s PN80T embedded secure element and NFC solution… ‘In collaborating with NXP, we can better provide the ultimate on-the-go lifestyle to our customers,’ said Dan Bartel, Garmin vice president of worldwide sales. ‘This technology, featured on the Vivoactive 3 and Forerunner 645 Music, enables customers to leave their cash and credit cards at home and securely make purchases where NFC payments are accepted.’”


What's New in Payments

GlobalPlatform explains the role of standards in an increasingly diversified payments landscape

Cover: Standardizing the future of payments in an increasingly diversified world

The increasing diversity of devices, services and players in the mobile payments ecosystem has led to the need for standards and certification to manage fragmentation, prevent fraud and ensure consistent user experience, GlobalPlatform’s Gil Bernabeu explains in a new paper now available to download from the NFC World Knowledge Centre... More


NFC World

Mobile payments drive 60% growth in demand for NFC phones in Russia

In Russia, booming sales of smartphones that support contactless payments — Vedomosti (translation) — “Demand for them is being driven by the emergence of payment systems from Apple, Samsung and Google. Sales of smartphones that support contactless payments using NFC technology (near field communication), in 2017 compared to 2016, grew by 60% in Russia… Over the past year in Russia, about 8.3m such devices were sold.”


What's New in Payments

Samsung Pay goes live in Mexico

Samsung Pay now available in Mexico — Samsung — “To bring this service to Mexico, Samsung strategically partnered with some of the country’s leading financial partners, including payment providers (American Express, MasterCard and Visa); banks (Banorte, Banregio, Citibanamex, HSBC and Santander); and banking acquirers, services and tools such as Clip and iZettle… Samsung Pay’s entry into the Mexican market marks the second Latin American country to receive the service and the 20th market worldwide.”


What's New in Payments

Huawei and UnionPay to expand Huawei Pay to Russia

China’s Huawei Pay debuts in Russia, as first port of call in global push — South China Morning Post — “It is a win-win cooperation between two Chinese companies as we join hands to increase the influence that China wields in the global mobile payment businesses,” said Wang Lixin, a vice-president of UnionPay International… In Russia, UnionPay has 400,000 point-of-sale terminals that can accept the Quickpass payment modes including Huawei Pay.”


What's New in Payments

UnionPay: NFC mobile payment volumes are ‘growing quickly’ in China

Apple Pay growing fast but still bit player in China: UnionPay — Caixin — “Two years after their launch in China, a group of third-party mobile payment services led by global giant Apple Inc make up only a small fraction of contactless payments in the country, but the number is growing quickly… About 20% of UnionPay’s 94tn yuan (US$14.2tn) in annual transaction volume now comes from near field communication (NFC) technology payments.”


What's New in Payments

Japanese NFC pioneer NTT Docomo to introduce QR code payments

NTT Docomo to start QR code payment — NHK — “Major Japanese mobile carrier NTT Docomo says its subscribers will be able to pay at stores using a QR code… The payments will be added to a monthly bill, or deducted from a credit card. Subscribers will have to download an app on their smartphone to use the service. It will be available at some 19,000 retailers and restaurants nationwide. Docomo says that figure will rise to 100,000 in a year.”




NFC World

Campari fridge magnets let customers order drinks via NFC

Out of Espolòn Tequila or Aperol? Touch your phone to your new Campari America refrigerator magnet to automatically order more — Campari America — “When consumers want to order or re-order their favorite Campari America brand, they simply touch their iPhone or Android smartphone to one of six available branded ‘smart’ magnets. The NFC chip embedded in the magnet then prompts Drizly to open the specific website page for that brand and gives the consumer the option to add the item to their cart and immediately check out, with the product being delivered by local retailers — all in one cohesive mobile experience.”


What's New in Payments

Boston Fed: One in four US financial institutions now offer a mobile payments service

Survey: Retail mobile banking nearing universal adoption, mobile payment offerings accelerate — Federal Reserve Bank of Boston — “Implementation of mobile payment services is accelerating as financial institutions respond to competitive pressure and the industry momentum for mobile payments: In addition to the 24% already offering mobile payments, 40% plan to do so within two years. Additionally, more than two-thirds of respondents partner or plan to partner with third-party processors and more than half are considering a partnership with a near-field communication (NFC) wallet provider.”


What's New in Payments

ABN Amro to test contactless payment rings, watches, bracelets and keyrings

ABN Amro clients invited to test new wearables as payment method — ABN Amro — “ABN Amro is taking the next step in testing new wearables as a payment method with 500 of its clients. After prior successful internal tests in 2017, clients can now experience what it’s like to make contactless payments with a ring, watch, bracelet or keyring. ABN Amro is the first bank to enable worldwide payment with a wearable that’s linked to a current account. As from today, sign-ups are open for clients to participate in a four-month pilot.”


NFC World

L’Oréal embeds NFC in UV sensing thumbnail patch

L’Oréal advances its commitment to promoting sun safety with La Roche-Posay UV Sense, the first battery-free wearable electronic UV sensor — L’Oréal — “The wearable is less than two millimeters thick, nine millimeters in diameter and designed to be worn for up to two weeks on the thumbnail… Powered by the user’s mobile phone and activated by UVA and UVB rays, UV Sense is the first wearable electronic UV sensor powered without a battery.”


NFC World

Hasbro picks NXP chips for new NFC music mixing game

NXP powers NFC experience in Hasbro and Harmonix’s dynamic music-mixing game Dropmix — NXP — PARTNER NEWS — “This fast-paced, music-mixing game empowers players to create unique mixes with hit songs by playing NFC chip-enabled cards on a game board connected to a free mobile app… The board reads up to five Dropmix cards at a time, and the proprietary software in the app seamlessly combines the music within each card to create a unique mix.”