PayPal users across Asia Pacific will soon be able to make in-store NFC mobile payments in all Visa supporting locations, following an announcement by PayPal and Visa that they are to expand their US payments agreement to the region... More
NFC
Low uptake of SIM-based mobile payments leads to decrease in NFC SIM shipments in 2016
The global number of NFC SIM card shipments decreased in 2016 due in part to a “lower than anticipated” consumer uptake of SIM-based mobile payments and the impact of the closure of the Softcard mobile wallet in the US, the SIMalliance has revealed, despite reporting growth in NFC SIM shipments in key countries across Europe and the CIS regions, highlighting the demand in specific markets. More
Australian banks lose fight to gain access to NFC functionality in Apple iPhones
The group of Australian banks seeking stronger negotiating powers with Apple over the NFC technology within its iPhone handsets have been denied access to it by the Australian Competition and Consumer Commission (ACCC) on the grounds that the proposed conduct would “reduce or distort competition in a number of markets” and that the benefits are “outweighed by the detriments”. More
NXP adds new NFC chips and sensors to secure the Internet of Things
PARTNER NEWS: NXP has unveiled two new NFC chips and a range of NFC offerings designed to “capitalise on the inherent security and interactive capabilities of NFC for advanced product authentication, integrity assurance and enhanced user engagement across consumer manufactured goods, healthcare, retail and other industries”. More
Wells Fargo to add NFC mobile withdrawals to ATMs later this year
Customers of US bank Wells Fargo will be able to withdraw cash from ATMs using an NFC-based mobile payments service such as Apple Pay, Android Pay and Samsung Pay when the bank rolls out an upgrade across the US “later this year”. More
Ted Baker and Mondaine to add NFC payments to watches
Fashion brand Ted Baker and Swiss luxury watchmaker Mondaine are to integrate NFC payments into a range of watches to enable customers to make payments using technology supplied by Tappy Technologies, which has also partnered with Barclaycard to offer bPay contactless payment technology in the UK... More
White paper explores how dedicated Android NFC devices can be used to improve the delivery of financial services in emerging markets
Secure, affordable and dedicated Android NFC devices issued to local agents, farmers and financial institutions in emerging markets are improving the delivery of a wide range of services including branchless banking, know your customer procedures and food aid distribution, according to a 19-page white paper that is now available to download from the NFC World Knowledge Centre. More
Westpac launches payments keyboard for chat apps
Customers of Australian bank Westpac will soon be able to use an innovative replacement for the default keyboard found in social messaging apps such as Facebook Messenger and WhatsApp to make P2P money transfers to friends, family and businesses as well as send cardless cash codes to recipients for ATM withdrawals. More
Wells Fargo moves forward with ATM mobile withdrawal plans
US bank Wells Fargo will become the first in the country to upgrade its entire network of ATMs with mobile withdrawal functionality next week, as the bank prepares to roll out the service to 13,000 machines... More
Samsung Pay goes live across India with support for Paytm and UPI money transfers
Samsung Pay has launched in India with support from Visa, Mastercard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Cards and Standard Chartered Bank, with Citibank India support expected “shortly”. The service has also integrated India’s leading mobile wallet Paytm and comes with support for peer-to-peer money transfers through the Indian government’s Unified Payments Interface platform. More
ABN Amro shares lessons learned deploying a mobile wallet service
Knowledge Centre Convenience, speed, reliability and security are the four most important pillars to building and delivering a successful mobile payment service, says Dutch bank ABN Amro’s senior product manager for mobile payments. Seven key lessons learned along the way are also shared in an in-depth paper which is now available in the NFC World Knowledge Centre. More
Rambus predicts how we will pay in 2020
PARTNER NEWS: An eight-page guide exploring how key developments in mobile payments will shape the industry in the next three years is now available to download from the NFC World Knowledge Centre... More
PrivatBank adds Mastercard to HCE payments
Ukraine’s PrivatBank has now made host card emulation (HCE) based mobile payments available for its Mastercard cardholders, using the Mastercard Digital Enablement Service (MDES)... More
Australian banks brand non-NFC alternatives to Apple Pay ‘unrealistic’
Relying on Android or alternatives to NFC for successful mobile payment services in a country with one of the world’s largest iPhone market shares and high contactless card use is “unrealistic”, the group of Australian banks seeking access to the iPhone’s NFC functionality say in their latest submission to the Australian Competition and Consumer Commission (ACCC)... More
Car makers back NFC and Bluetooth for digital keys
The Car Connectivity Consortium (CCC) has outlined how technologies such as NFC and Bluetooth can be used for digital car keys in a white paper discussing its Digital Key project — a standardisation effort for digital key adoption... More
Vodafone Wallet adds PayPal in the Netherlands
Vodafone has added PayPal as a payment option to its NFC-based Vodafone Wallet mobile payment service in the Netherlands... More
Industry bodies to standardise management of NFC services
Industry bodies ETSI, GlobalPlatform and the NFC Forum are working together to standardise the implementation and management of NFC services “across all technologies and platforms”... More
Tag Heuer unveils connected watch range with Android Pay
Luxury watchmaker Tag Heuer has unveiled the second generation of its connected watch range, powered by Google’s Android Wear 2.0 operating system and offering host card emulation (HCE) payments through Android Pay... More
Boston Fed calls for more education to boost mobile payments
The Federal Reserve Bank of Boston says awareness of mobile payments “continues to grow” but “more education for consumers and employees” is needed to achieve mass adoption of mobile and digital wallets... More
ST discovery kit speeds time to market for contactless applications
PARTNER NEWS: STMicroelectronics has combined its ST25R3911B NFC reader IC and its STM32L476RE microcontroller into a discovery kit designed to accelerate time to market for a wide range of contactless applications, including ticketing, asset tracking, device authentication, sensor data collection and access control... More