Handset maker Huawei has partnered with bank card association China UnionPay for the roll out of Huawei Pay, an NFC-based mobile payment service that makes use of tokenization technology and is expected to be available on a wide range of Huawei handsets. More
NFC
Apple unveils iPhone SE with Apple Pay and Touch ID
Apple has announced a new, entry level iPhone that includes “an NFC radio and a secure element”, a Touch ID fingerprint sensor and support for Apple Pay... More
Digital payments to increase 20% in 2016
Consumers will spend more than US$3.6trn using online, mobile and contactless payments services this year, up 20% from US$3trn in 2015, according to Juniper Research... More
Swatch to focus on mass market smartwatches
Luxury watchmaker Swatch will focus its smartwatch activities on its plastic Swatch brand before considering the technology for its pricier models... More
NFC Forum adds cloud-based connectivity to P2P spec
The NFC Forum has added the ability to use the cloud to establish connections between two NFC devices in a new candidate version of Connection Handover, the technical specification that covers the way in which NFC devices can establish a connection using alternative carriers, such as Bluetooth or WiFi... More
German debit cards move towards NFC
Vodafone Germany has demonstrated at CeBIT 2016 the first NFC mobile payment transaction made with a Girocard — the most common debit card in the country— stored in a Vodafone Wallet... More
Mobile payments to replace cash and cards by 2030?
Seven in ten consumers (70%) believe that 2030 will be the year that mobile payments become secure enough for traditional payment methods such as cash and cards to no longer be required, the IEEE’s Global Cyber-security Survey has found... More
Austria gets nationwide SIM-based NFC mobile payment service
Austrians can now make SIM-based NFC mobile payments using a new nationwide mobile payment service launched by Payment Services Austria (PSA) and supported by Austria Card... More
Digiwell implants NFC chips at CeBIT
Visitors to this week’s CeBIT show in Hanover, Germany, can get an NFC chip implanted into their hand by visiting the Digiwell stand... More
Mahindra Comviva powers HCE payments at ICICI
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has supplied the technology behind the host card emulation (HCE) based payments feature in ICICI Bank’s Pockets app, which was announced earlier this week... More
Nearly half of top marketers plan to invest in NFC in 2016
Close to half (46%) of the top marketers surveyed for a new location-based marketing report say they plan to invest in NFC this year. 41% plan to invest in Bluetooth beacons, 63% in WiFi and 57% in GPS. More
iLoq unveils energy harvesting door lock powered by NFC phones
Finnish digital lock mechanism specialist iLoq has unveiled the world’s first electronic door lock powered by a user’s NFC mobile phone, removing the need for the lock to be equipped with a battery or external power source. More
UK food chain opens cash-free stores
Customers of UK healthy eating chain Tossed will only be able to pay for their orders using a chip card, contactless card or an NFC mobile payment app such as Apple Pay at the two new food outlets the company is opening in London this week. More
Carta Worldwide renews partnership with NFC World
NFC World is pleased to welcome transaction technology provider Carta Worldwide as a partner for a second year. Carta is an award-winning leader in next-generation transaction processing and mobile payment technologies including host card emulation (HCE), cloud-based secure elements and tokenization. More
Square “betting big on NFC”
Square has received more than 350,000 pre-orders for its contactless chip reader, CEO Jack Dorsey revealed during the company’s fourth quarter earnings call... More
Study examines attitudes to contactless payments in the UK, Germany and Spain
More than 90% of British, German and Spanish business leaders interviewed for a survey of attitudes to contactless technology have already invested in contactless projects and expect that 10% of all transactions will be contactless within the next three years, a white paper now available to download from the NFC World+ Knowledge Centre reveals. More
Fido Bank launches HCE mobile payments in Ukraine
Consumers across Ukraine can now make host card emulation (HCE) based mobile payments using The Pay, a new service launched by Fido Bank in partnership with mobile wallet platform provider PriNum... More
More than 100m people will make an NFC mobile payment in 2016
More than 100m people around the world will use an NFC handset to make a purchase this year, according to a new report from Strategy Analytics, and the value of transactions conducted via NFC handsets will grow from US$30bn in 2016 to US$240bn in 2021. More
Suretap goes live with loyalty
Users of the Suretap NFC mobile wallet can now earn and redeem loyalty points as a result of a partnership between the Canadian mobile wallet provider and the Points loyalty network announced in November 2015... More
Square drops contactless for Australia launch
Mobile POS provider Square has launched in Australia, enabling retailers across the country to accept credit and debit card payments using their mobile phones... More