4T Sverige, the joint venture company set up by Sweden’s four mobile network operators, is to launch a mobile payments service that works with 97% of current phones and also provides support for NFC. More
Peer-to-peer payments
Home Depot tests PayPal in-store
Home Depot has become the first US retailer to test PayPal’s mobile payments solutions in-store... More
PayPal tests NFC payments in Stockholm
“Over the next few months we’ll be testing many different proximity payments technologies (including NFC) and exploring numerous partnership opportunities,” says the online payments giant. More
NFC shopping zone opens in Seoul
Korea’s leading mobile network operators, card networks, phone manufacturers and government agencies have joined forces to provide shoppers in Seoul’s busiest shopping district with a wide range of NFC services including payments, couponing, smart posters and digital receipts. More
SIMalliance releases new version of Open Mobile API
The new version of the Open Mobile API is designed to enable app developers to work easily with the secure elements in mobile phones — without needing specialist knowledge of how the technology works. More
PayPal launches NFC P2P payments service
NFC-based peer-to-peer payments are now included in the PayPal Mobile App for Android which is now available to download from Android Market. More
Commonwealth Bank brings iPhone NFC to Australia
The bank has unveiled ‘Commbank Kaching’, a next generation mobile payments service that lets iPhone users easily send money to their Facebook friends, email contacts and phone contacts as well as make payments in stores via an add-on NFC case. More
Fed studies P2P payments
The Federal Reserve Bank of Atlanta’s Retail Payments Risk Forum has published a working paper (PDF) on peer-to-peer payments as a resource for regulators, consumers, and the payments industry... More
PayPal announces NFC peer-to-peer payments
“We’ve been looking at NFC technology for a while and we saw a tremendous opportunity to combine the best of NFC and the best of PayPal,” the online payments giant’s senior director for mobile explained as she announced the company’s first NFC service. More
Beeline and Alfa-Bank launch Russian mobile payments brand
The Russian bank and mobile network operator have created a new payments system called RuRu that will begin with mobile and ecommerce, P2P transfers and mobile remittances. NFC services will follow “in the near future.” More
Visa strikes mobile payments deals with Fundamo and Monitise
The credit card giant has acquired mobile payments firm Fundamo and extended its deal with Monitise with the aim of making transactions on any device “safe, easy and reliable,” says Visa’s head of mobile. More
NFC news in brief • 30 May 2011
News in brief from the NFC world and beyond: Identive, NXP sign VAR deal • Huawei planning NFC phones? • Vodacom looks to NFC • NFC domain names on Ebay • US banks debut P2P payments • Samsung smashes Galaxy sales record • US theme park to offer next-gen shopping experience • Rhodes framework adds NFC support • and more… More
76% of young adults prepared to pay £5 a month for mobile banking
The ability to instantly block a lost or stolen card — a key feature of NFC payments services — topped the list of transactional features 18- to 26-year-olds would be prepared to pay for, a UK survey has found. More
NFC news in brief • 8 Nov 2010
News in brief from the NFC world and beyond: NXP CEO picks NFC • Nacha cuts out cards • P2P payments set for growth • Bharti Airtel picks up payments license • Facebook Deals a blow • Only 4% have checked out checking in. More
Apple to build mobile payments business around iTunes credits?
A further four patent applications filed by Apple and relating to both NFC and mobile payments have now been published, clearly signalling that the company’s interest in near field communication technology goes well beyond simply making it easier to sync devices — and suggesting that the company may have major plans to develop its own mobile payments business... More
Could PayPal bump NFC’s P2P ambitions into touch?
A new technology from US start-up Bump, which lets consumers use phones equipped with accelerometers to make peer-to-peer payments and share images or contact details, has been adopted by PayPal for its new Send Money service. More