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    Author archive: Sarah Clark

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    Contactless payments tripled in the UK last year

    March 3rd, 2017

    British consumers made contactless transactions to the value of £25bn (US$30.6bn) last year, up from £7.75bn (US$9.48bn) in 2015, The UK Cards Association reports. One in four card payments in the UK was made using… More

    Turkish retailer adds payments to Messenger bot

    March 2nd, 2017

    Istanbul-based mobile retailer Getir has integrated Mastercard’s Masterpass service into its Facebook Messenger bot, enabling customers to choose products, place their order and pay from within a chat window. “Customers simply search for ‘Getir’ in Messenger, chat with an intelligent bot in a natural, conversational way, and make a secure payment with Masterpass,” Getir says.

    Rambus Security boss sets out future vision

    March 2nd, 2017

    PARTNER NEWS: Following this week’s rebranding of Bell ID and Ecebs, both acquired by Rambus in January 2016, the general manager of the company’s Rambus Security division to which the two companies now belong has set out his vision for the division going forward. “In essence,” Dr Martin Scott says, “Rambus Security not only enables the technologies that make your life easier, but secures them by delivering on the promise of chip-to-cloud-to-crowd trust.”

    Samsung Pay to launch in India with support from five Visa and Mastercard issuers — and Paytm

    March 2nd, 2017

    Samsung has begun inviting Galaxy phone owners in India to register for early access to Samsung Pay. Customers can opt to pre-register Axis Bank, HDFC Bank, ICICI Bank and Standard Chartered Bank debit or credit cards and SBI Cards credit cards today with support for American Express and Citibank to follow. Paytm’s market leading mobile wallet will also be supported by the service. More

    Chinese mobile payments exceed US$1tn in one quarter

    March 1st, 2017

    China’s third-party mobile payments market reached RMB 9,041.9 billion (US$ 1314.23 billion) in size during Q3 2016, a quarter on quarter increase of 20.5%, according to research published by China-based Analysys. Alipay secured 50.42% of the market, followed by Tenpay (38.12%) with Lakala a distant third at 3.32%.

    Cook: Apple Pay has “hit an air pocket”

    March 1st, 2017

    Apple CEO Tim Cook told attendees at the company’s annual shareholder meeting this week that Apple Pay “hit an air pocket” this year with adoption in the US trailing other countries, such as China and Australia, where NFC is more broadly available, AppleInsider reports from the event.

    Apple Pay begins major promotional campaign in Japan

    March 1st, 2017

    Apple is promoting adoption of Apple Pay in Japan via a two month campaign that offers a wide range of rewards and benefits to consumers who choose to use the NFC payments service. More

    UK sees 250% rise in NFC mobile payments in stores

    February 28th, 2017

    The number of mobile transactions as a percentage of all in-store transactions has grown by 247% in the UK over the last year, analysis of transaction data and a consumer survey conducted by payments processor Worldpay has found. Workers paying for lunch on the go and payments for drinks in bars are the main drivers of the increase in transaction volume. More

    Mastercard and Visa expand availability of QR payments

    February 28th, 2017

    Visa’s mVisa QR-based mobile payment service is now live in India, Kenya and Rwanda and will soon be available in Egypt, Ghana, Indonesia, Kazakhstan, Nigeria, Pakistan and Vietnam, the company has announced at Mobile World Congress in Barcelona. Mastercard’s Masterpass QR service, meanwhile, is now available in seven countries in Africa and Asia — Kenya, Pakistan, Nigeria, Rwanda, Tanzania, Uganda and Ghana.

    PayPal reports 50% rise in mobile payments

    February 28th, 2017

    A third of all transactions processed by PayPal are now conducted using a mobile device, PayPal COO Bill Ready has revealed, with the company processing more than US$31bn in mobile payments in the fourth quarter of 2016 — up 53% from the same period in 2015. Fifty million people around the world now have a PayPal account that is enabled for One Touch payments, Ready adds, with 75% of the top 100 US retailers now supporting the service.

    Huawei includes NFC payments in new smartwatch

    February 27th, 2017

    Huawei has unveiled a new smartwatch at Mobile World Congress that supports NFC payments. The Huawei Watch 2 comes in sports and classic watch styles, features standalone 4G connectivity, runs Android Wear 2.0 and includes support for Google Assistant.

    China’s central bank tests digital currency for in-store payments

    February 27th, 2017

    The People’s Bank of China (PBOC) has conducted trial runs of a prototype cryptocurrency it has been developing since 2014 that could be used “to buy anything from noodles to a car”, The Straits Times reports. The digital currency would enable sellers to receive payments “directly from the buyer, lowering transaction costs as the middleman is cut out of the process”, the report adds.

    NXP reveals secure element and NFC solution that speeds transaction times, increases security and supports smaller form factors

    February 27th, 2017

    PARTNER NEWS: A new embedded secure element and NFC solution from NXP will make it possible for mobile transactions to be conducted at the same speed as contactless card transactions. It also enables biometric security,… More

    Mattel includes NFC in AI for kids

    January 11th, 2017

    Toy maker Mattel has unveiled an NFC-enabled, voice-activated artificial intelligence assistant for children. Aristotle is compatible with Amazon Alexa and can answer a child’s questions, sing lullabies and play games with them using NFC-enabled toys. “Imagine what happens with Hot Wheels and Thomas the Train when you have this connected hub,” Robb Fujioka, Mattel’s chief products officer, told Fast Company.

    The NFC World team welcomes Christopher Brown as our new editor

    November 25th, 2016

    The NFC World team is pleased to announce that we have a new editor, Christopher Brown, who is joining us from BBC News. Rian Boden, who has been reporting for NFC World since 2013, has… More

    EMVCo adds biometrics to 3-D Secure

    October 26th, 2016

    An update to the EMV 3-D Secure specification means both biometrics and one-time passcodes can now be used to add security to card-not-present transactions. “The new specification provides a globally interoperable framework that promotes a consistent consumer experience across all ecommerce channels and connected devices when authenticating a cardholder,” payments standards body EMVCo says. The EMV 3DS 2.0 specification can be downloaded, royalty free, from the EMVCo website.

    Bank of America adds AI to mobile app

    October 25th, 2016

    A digital assistant that makes use of artificial intelligence, predictive analytics and cognitive messaging is to be built into Bank of America’s mobile app from next year. ‘Erica’ was unveiled at Money2020 this week and will “help customers do things like make payments, check balances, save money and pay down debt,” CNBC reports.

    Apple Pay goes live in Japan

    October 25th, 2016

    Apple Pay is now live in Japan, enabling local iPhone and Apple Watch users to make payments in stores and on public transportation services that support the widely used Sony FeliCa-based Japanese NFC payments system…. More

    Alipay gains acceptance in US and Europe

    October 24th, 2016

    Chinese mobile payments giant Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone. The move will see the Alipay App available on Verifone e355 mobile point-of-sale terminals so that retailers equipped with the mPOS device can accept mobile payments from Chinese Alipay users. “The goal is to enable our customers to walk into a store while traveling abroad and pay for purchases with the Alipay App — just like they do here in China,” says Douglas Feagin, SVP of Ant Financial Services Group and Head of Alipay International.

    Google unveils VR headset that pairs with NFC

    October 5th, 2016

    Google has launched a virtual reality headset that works in conjunction with smartphones supporting its Daydream mobile VR platform and uses NFC to connect the devices. The first smartphones to support the new Daydream View… More

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