Walmart is expanding its Check Out with Me service to all its 3,000+ Supercenters across the US “just in time for the holidays”... More
USA
Chase to issue contactless cards to “millions” of US credit and debit cardholders
Chase, the largest credit card issuer in the US, is to begin issuing contactless Visa credit cards to “millions” of customers during the first half of 2019... More
PNC Bank to offer dynamic CVV cards to commercial customers
PNC Bank is piloting dynamic CVV cards that use an e-ink screen on the reverse of the card to display a continuously updated three-digit CVV security code... More
Los Angeles Football Club rolls out NFC ticketing on Apple Watch and iPhones
Los Angeles Football Club fans attending matches at the Major League Soccer club’s Banc of California stadium are now able to use Apple’s new Express Card NFC functionality to gain access to the venue by simply tapping their iPhone or Apple Watch at entry turnstiles equipped with contactless readers... More
Sam’s Club unveils mobile-first store that showcases the latest payments and retail technologies
Walmart-owned Sam’s Club is opening a new store in Dallas, Texas that will double as both a technology lab and a live retail store, enabling both customers and staff to test and make use of the latest developments in retail and payments technology... More
Target equips staff with mobile POS terminals for faster Black Friday checkout
US discount store giant Target is equipping staff across its 1,800+ shops with mobile POS terminals “that’ll let you skip those Black Friday lines.”... More
7-Eleven pilots mobile self-checkout in 14 US stores
Convenience store giant 7-Eleven is piloting a mobile self-checkout service in 14 stores in the Dallas area, just two months after it began accepting contactless and mobile payments across its 8,000+ US stores... More
Visa CEO forecasts ‘significant contactless growth’ in the US
“The US market is poised for significant contactless growth over the coming year,” Visa CEO Alfred F Kelly has told analysts... More
NFC World is at Money20/20 this week
NFC World is coming live from Las Vegas this week as we cover the latest announcements and developments from Money20/20... More
HID Global expands investment in NFC brand protection solutions
PARTNER NEWS: HID Global is increasing investment in its NFC-based Trusted Tag brand protection service and expanding its network of solution providers around the world... More
Survey finds Apple Pay is used for three in four US debit card mobile wallet transactions
Apple Pay makes up 77% of mobile payments among debit card users — Auriemma Consulting Group — “An Auriemma study of debit card issuers shows that Apple Pay makes up 77% of mobile wallet transactions. Samsung Pay and Google Pay, Apple Pay’s main competitors, make up 17% and 6% of transactions, respectively… While Apple Pay has the most market share, Samsung Pay users are the most engaged. In fact, the average Samsung Pay user makes 7.3 transactions each month, compared to 5.5 transactions for Apple Pay and Google Pay users.”
Federal Reserve proposes new settlement system for faster US payments
The Fed proposes an always-on settlement system for faster payments — Digital Transactions — “The new proposal has two major facets. One outlines the RTGS plan for settlement of payments every day at all times. The other involves a so-called liquidity tool the Fed says could increase banks’ participation in a real-time system by limiting exposure that can arise outside of business hours. The general idea behind both is to reduce the risk from providing funds to payment recipients before settlement has actually occurred.”
Apple goes live with NFC student IDs at three universities
Apple adds support for contactless student ID cards in Wallet — Apple — “Starting today, students at three universities are among the first to enjoy the convenience of using just their iPhone and Apple Watch to get around on and off campus. At Duke University and the Universities of Alabama and Oklahoma, students can now add their ID card to Apple Wallet and use it to pay quickly and easily for laundry, coffee or lunch, and even get into their dorms, the gym or the school library… Johns Hopkins, Santa Clara and Temple universities will bring the capability by the end of this school year.”
Wireless startup uses NFC smart packaging to heat pre-packaged food and drinks
A US startup has demonstrated a way to prepare packaged food items “without a distracting trip to the kitchen”, using an induction pad and products bearing NFC tags that tell the base unit how to heat them... More
Apple to focus on access control for next wave of NFC applications
Why Apple didn’t try to disrupt credit cards with Apple Pay — Fortune — “Apple’s own campus lets its employees gain access via their Apple Wallet. And next week, Apple is set to roll out student ID cards on the Apple Wallet for Duke University, the University of Oklahoma, and the University of Alabama. That feature will combine access and payments, allowing students to use their Apple Wallet ID card to enter their dorms and pay for laundry. ‘It’s a tremendous new area for us to focus on, which is really access,’ Bailey said.”
Boston Fed reports on the current status of payment tokenization in the USA
Industry perspectives on the evolution of EMV payment tokenization — Federal Reserve Bank of Boston — “This white paper examines payment tokenization changes and impacts to the payments industry since 2014. The research represents the authors’ views with input from Mobile Payment Industry Workgroup (MPIW) members and qualitative interviews with key industry stakeholders.”
Pulse reports on US uptake of mobile debit card payments
2018 Debit Issuer Study finds improved issuer performance, lower fraud losses — Pulse — “86% of responding issuers support at least one mobile payment option, up from 74% in the previous study… Cardholder enrollment in mobile programs doubled in the last year. However, transactions initiated with a mobile wallet represented only 0.6% of in-store debit card purchases in 2017, compared to 0.3% in 2016.”
Bank of America brings mobile payments to business card customers
BofA Merrill introduces mobile wallets for business cardholders — Bank of America — “The millions of Bank of America Merrill Lynch cardholders who use our corporate, commercial and purchasing cards in the United States are now able to use Apple Pay, Google Pay and Samsung Pay to make business purchases.”
San Francisco transit operators to deploy NFC ticketing
Cubic chosen as preferred provider by Metropolitan Transportation Commission for contract to deliver next-gen fare payment system — Cubic — “The next-generation system will include new features including an integrated mobile app that will support a virtual Clipper card, enabling customers to access real-time information, top up their accounts, plan trips and tap their phones through faregates and on buses in much the same way as mobile payments can be made at retailers.”
Survey: Merchants are winning the US mobile wallet adoption battle
Merchants winning the battle for mobile wallet supremacy — Javelin Strategy & Research — “In the rush to market, the main wallet value proposition, paying at the POS, wasn’t particularly compelling. In reality, loyalty and rewards will drive adoption, something merchants are doing particularly well,” said Krista Tedder, director of payments at Javelin Strategy & Research.”