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  • Editing Team 10:52 on January 28, 2014 Permalink | Reply
    Tags: , , mobile payment,   

    AT&T Introduces NFC-enabled iPhone Cases for Isis Payments 

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    AT&T has introduced a range of phone cases that add NFC functionality to iPhone, allowing users in the U.S. to make Isis payments.

    Five options are available:

    ■The Incipio Cashwrap Mobile Wallet Case for iPhone 5 and 5S, available in black, pink or white for US$65.

    ■The Incipio Cashwrap Mobile Wallet Case for iPhone 4 and 4S, available in black, white or pink for US$69.

    ■The Isis Ready Case for iPhone 4 and 4S users, available for US$65.

    ■The Isis Ready Charging Case for iPhone 4 and 4S, providing both NFC functionality and a backup battery for US$85.

    ■Otterbox Defender Series Mobile Wallet Case for iPhone 4 and 4S, offering NFC and rugged protection, for US$129.

    All five options can be ordered from AT&T now.

    “Using the Isis Mobile Wallet on an iPhone is simple. Select the Isis Ready NFC case, slide the iPhone in, download the Isis Mobile Wallet app from the App Store and tap your iPhone at hundreds of thousands of merchants nationwide for a quick and easy way to pay and save.”

     
  • Editing Team 18:22 on January 22, 2014 Permalink | Reply
    Tags: , mobile payment,   

    Apple New Patent Combines NFC, Bluetooth and Wi-Fi for Mobile Payments 

    Apple-patent-NFC-Bluetooth-WiFi-rfid-blogApple has published a new patent which uses a secure element in a mobile phone to store cardholders’ data, NFC to initiate a transaction and Bluetooth or Wi-Fi to complete the processing of a transaction and return coupons and other information to the customer’s device.

    In US patent number 20140019367, “Method to send payment data through various air interfaces without compromising user data”, Apple sets out a system that uses a secure element to store payment card data. This data could then be sent directly from the secure element to the merchant’s POS terminal via NFC in the usual way or, alternatively, NFC could be used only to initiate a transaction.

    In this case, once an initial link-up had been established via NFC, payment card data would be sent from the secure element to the application processor and then on to the POS terminal, via Wi-Fi or Bluetooth, in an encrypted format, since, as Apple explains, “the confidentiality of data sent to the application processor may be compromised, e.g. by a rogue application.”

    The system could also be used to make online purchases, Apple adds, as well as in an offline retail environment.

     
  • Editing Team 17:52 on January 13, 2014 Permalink | Reply
    Tags: mobile payment,   

    O2 UK to Close Mobile Wallet Service on 31 March 

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    Mobile network operator O2 is to cease operating its O2 Wallet service in the UK on 31 March. Launched in April 2012, the service included a range of money transfer, mobile shopping and offers services plus transaction tracking and a companion Visa contactless card — and was originally expected to expand to include NFC support in the future.

    “When we launched the O2 Wallet 18 months ago we were one of the first mobile wallets around,” the carrier says in a statement on its website. “Since then lots has changed for us, the market and our customers. So, we’ve decided to close the O2 Wallet to give us time to look into new and better ways to help people manage their money on the move, both in the UK and abroad.

    “After the 31st of March you won’t be able to use your O2 Wallet or O2 Money Account Card anymore — that includes sending or receiving Money Messages, using the O2 Wallet or card to shop, buy train tickets in the app or top up your mobile.”

     
  • Editing Team 17:43 on December 31, 2013 Permalink | Reply
    Tags: mobile payment,   

    What You Need to Know about NFC Payments? 

    Research and experts agree that mobile payments overall are sharply increasing. New technology such as NFC is making it easier and faster to accept payments from customers. NFC uses a special built-in chip which sends payment information securely to credit card companies and participating banks. Information is encrypted and has multiple layers of security built in.

    To make a purchase, the customer simply waves a NFC-enabled credit card or smartphone within a few inches of a NFC-enabled POS, and payment data is transmitted via short-range radio waves from their card or phone to the receiver.

    Who Supports NFC?

    Contactless payments using NFC technology are based on open standards, which means if your business already has NFC terminals that can read NFC-enabled credit cards, it can also accept NFC mobile payments. However, there are a number of mobile payment platforms customers can choose from to make purchases, and the terminal has to be configured for what you want to accept. As far as traditional credit cards that are enabled with NFC technology, there’s MasterCard PayPass and Visa PayWave.

    NFC-enabled credit cards have been around for a number of years. It is proven technology. Cards now also offer apps so that consumers can use the same payment system with certain mobile phones, instead of a plastic card.

    What Are the Benefits to NFC?

    The biggest benefit of NFC checkout is just how quick and easy it is: Customers just tap their cards or phones and go. It eliminates time spent digging around for cash or swiping a card. While that may not sound like a lot of time saved, when you multiply it over hundreds, thousands and tens of thousands of transactions, the efficiencies add up. All of this means shorter lines and much happier customers.

    Many NFC platforms also make it possible to connect with your customers where it counts. For example, the Isis Mobile Commerce Platform allows you to deliver special offers and promotional information directly to a customer’s mobile wallet.

    Are Payments Using NFC Technology Secure?

    Mobile payments using NFC technology are very secure — they are just as secure as traditional plastic cards, and merchants have the same level of protection from fraud as with traditional credit cards. Customers’ stored account information is encrypted, and each transaction can be authenticated by PIN. Data is also encrypted when the chip and POS receiver are communicating, making it difficult for even a sophisticated fraudster to “eavesdrop” and try to steal the customer’s information.

    Expect Growth in NFC

    As with any newer technology, there has been some hype around NFC payments, especially those using mobile phones instead of traditional-looking credit cards. The fact remains that growth in payments using NFC technology is likely to continue, especially as electronic and mobile payments in general soar. Hedge your bets by investigating now, educating yourself and your staff, and signing up for a system so that you are in a position to deliver what customers demand, when they demand it.

     
  • Editing Team 16:32 on December 30, 2013 Permalink | Reply
    Tags: , , mobile payment, , ,   

    NFC Helps to Win the Mobile Payment Battle? 

    Last June, China Mobile, the world’s largest mobile network operator, and Chinese bank card association China UnionPay have launched their NFC trusted service manager (TSM) platforms. Several banks already used the platforms to enable mobile payment. Yet China Mobile is not the only mobile operator to support NFC payment, China Telecom and China Unicom also took steps.

    Meanwhile, as one of NFC payment leaders, China UnionPay is more active in this sector — it has already worked with 15 banks to launch its UnionPay mobile payment platform and promote NFC payment based on the platform.

    The reason why UnionPay supports NFC payment is that with the development of other forms of payment raised by Alipay, WeChat, etc., UnionPay has to strengthen its position.

    As the competition in the payments area is heating up, NFC payments will play a more important role in the future. Some think smart card manufacturers will benefit the most from this battle.

    Statistics from Changjiang Securities show that NFC-SIM cards is indispensable in the battle of mobile payment, and promotion of mobile payment will bring huge demands for NFC-SIM cards.

     
  • Editing Team 18:23 on December 23, 2013 Permalink | Reply
    Tags: mobile payment, ,   

    ABI Research: Smartphones Accounts for Majority of NFC Shipments in 2013 

    Building on the momentum gained last year, smartphones will continue to account for the majority of NFC shipments in 2013 as volumes jump by 129 percent. However, importantly for the future of NFC, this trend is set to decline from 2014 onwards as attach rates in other categories, including computing products, peripherals and speakers, digital cameras and printers, domestic appliances and automotive, increase more rapidly.

    Consequently, smartphones will decline from a peak of 80 percent of all NFC device shipments this year to less than 60 percent in 2017 as these other product categories see greater adoption of NFC.

    The ABI Research report shows that currently the greatest level of adoption is in the mid-tier smartphone category, where approaching half of smartphones are NFC-enabled. This is to be expected as the high-tier smartphone category is heavily influenced by Apple, which remains the notable exception for NFC adoption.

    Practice director, John Devlin, said: “Much has been made of Apple’s decision not to add NFC and prioritize Bluetooth Low Energy for the time being. However, ABI Research’s latest figures show that, in terms of connectivity, NFC is increasingly being adopted in an expanding range of products and will continue to grow. This has been triggered by current levels of smartphone adoption and we don’t see this trend reversing.”

    “In addition, the volume of announcements and agreements relating to the launch of NFC-based payment services in all regions indicates that there will be another wave of interest in 2014-15.”

     
  • Editing Team 18:07 on December 20, 2013 Permalink | Reply
    Tags: , mobile payment,   

    HSBC in Hong Kong to Launch NFC Mobile Wallets 

    HSBC-Hong-Kong-NFC-mobile-wallet-rfid-blogHSBC is going to launch NFC-based mobile wallets in 2014 with four Hong Kong-based mobile carriers — HKT, CSL, SmarTone Telecommunications Holdings and China Mobile Hong Kong.

    The wallets will enable HSBC customers to store their HSBC-issued credit cards on Android-based NFC-capable smartphones issued by the mobile operators. The maximum amount per NFC transaction can be set at either HK$500 ($65) or HK$1,000 ($129).

    HKT said in a press release that it will use Single Wire Protocol SIM cards for the secure storage of payment applications and credit cards on its customers’ NFC-enabled mobile phones. The SIM cards can store different credit cards issued by multiple partner banks, including HSBC, HKT said.

    Starting in early 2014, customers will be able to download the HSBC mobile banking app to their NFC-enabled smartphones. They will then be able to make payments from their HSBC credit cards by tapping their phones against NFC readers. Details of the applicable cards will be announced after the service has been launched, HKT said.

     
  • Editing Team 18:19 on December 17, 2013 Permalink | Reply
    Tags: , mobile payment, ,   

    MasterCard Partners with Samsung to Introduce Embedded NFC Payments 

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    Commonwealth Bank of Australia has introduced an NFC payments service that uses the secure element embedded in Samsung Galaxy S4 mobile phones. The bank is working with MasterCard on the new service.

    “Commonwealth Bank customers can now easily add contactless payment functionality to their Samsung Galaxy S4, allowing for contactless payments at the more than 1.6 million MasterCard PayPass contactless merchant locations around the globe,” the payments network says.

    “MasterCard and Samsung, in partnership with financial institutions and mobile network operators worldwide, plan to complete similar service rollouts over the next year, including launches in Turkey, Russia and the Ukraine in the first quarter of 2014.”

    “Access to the secure element allows Samsung and other OEMs, mobile network operators and financial institutions to partner with MasterCard to deliver next-generation payment solutions to consumers,” the network adds.

    “The Samsung Galaxy S4 and Galaxy Note 3 are two of the more than 140 devices, including 32 Samsung smartphones and tablets, certified as part of the MasterCard PayPass Ready programme launched in May of 2012.”

    CommBank announced plans to introduce NFC payments using embedded secure elements, as well as contactless PayTags that work with iOS and other Android phones in October 2013.

     
  • Editing Team 18:00 on December 17, 2013 Permalink | Reply
    Tags: , mobile payment,   

    US Bank Wells Fargo Works with Isis to Pilot NFC Payments 

    US bank Wells Fargo and Isis have announced the first phase of an agreement that will see customers with a Wells Fargo Visa credit card and an Isis NFC phone being able to load their card into their Isis Mobile Wallet and make purchases at merchants across the US.

    “We are committed to helping our customers succeed financially,” says Peter Ho, digital payments manager at Wells Fargo’s consumer financial services group. “Helping them make payments when, where and how they want is part of that promise.”

    “During this pilot phase with Isis, we will test and learn with customers who want to be on the leading edge of this technology,” he adds.

    Payment processor First Data will act as Wells Fargo’s trusted service manager (TSM) and will be responsible for delivering card credentials to consumers’ mobile devices.

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  • Editing Team 18:31 on December 16, 2013 Permalink | Reply
    Tags: mobile payment,   

    Coffee Chain Tim Hortons Launches NFC Payments Service 

    North American coffee chain Tim Hortons has launched an NFC mobile payments service using Host Card Emulation (HCE) at 3,500 locations in Canada and 800 in the US. It is currently available to customers with BlackBerry 10 smartphones and support for Android phones will be added in January 2014.

    To use the new Quickpay service, customers link their existing prepaid Tim Card to their TimmyMe mobile app. They can then use NFC to tap and pay at standard contactless terminals, regardless of their network operator.

    “The current offering is unique to BlackBerry 10 — including the Blackberry Q5, Blackberry Q10, Blackberry Z10 and BlackBerry Z30 smartphones. However, we are working towards an Android 4.4 KitKat launch slated for January.” said Tim Hortons.

    “We chose NFC because of the speed and convenience along with leveraging our existing infrastructure to deploy this mobile payment application,” Tim Hortons said, “This gave us complete control over the deployment of the system and further opportunity to grow our best-in-class customer experience.”

    coffee-chain-Tim-Hortons-NFC-payments-rfid-blog

     
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