What's New in Payments

German savings banks to offer Apple Pay ‘this year’

Volksbanken and Raiffeisenbanken want to support Apple Pay in 2019 — Heise Online (translation) — “Like the savings banks, the Volksbanks offer their customers their own app for contactless payment transactions in the retail sector. However, it is only available for Android because Apple has not released the NFC interface of the iPhone for such applications. The German savings banks had demanded that Apple should open its NFC functionality to banking apps as recently as the end of 2018, but have now dropped this requirement.” 


What's New in Payments

Chipotle teams with Venmo to launch mobile rewards program

Chipotle Rewards launches by giving fans a quarter of a million dollars on Venmo — Chipotle Mexican Grill — “Chipotle is using Venmo payouts to give away up to a quarter of a million dollars… For a chance to receive anywhere between $1 and $500, consumers submit the phone number associated with their Venmo account at chipotlerewardsme.com. Within 24 hours, recipients of the payouts will be alerted of the payment in the Venmo app with a payment note from Chipotle, along with a custom Chipotle pepper emoji.” 



NFC World

Garmin includes NFC payments in upmarket Marq smartwatches

Garmin unveils the Marq Collection: a series of lifestyle inspired connected tool watches, crafted to champion the life you live — Garmin — “The Marq Collection uses select materials, meticulously crafted and designed with the utmost attention to quality that help guarantee performance in the most demanding of environments… Each watch is built from titanium, which is lightweight yet incredibly strong. Combined with a domed sapphire crystal for ultimate scratch resistance, this creates the solid core for all Marq watches.” 



Google releases Android Q Beta with added biometric authentication support

Introducing Android Q Beta — Google — “In Android Q we’re extending support for passive authentication methods such as face, and adding implicit and explicit authentication flows. In the explicit flow, the user must explicitly confirm the transaction in the TEE during the authentication. The implicit flow is designed for a lighter-weight alternative for transactions with passive authentication. We’ve also improved the fallback for device credentials when needed.” 


Transit Ticketing Today

Survey: Easier payment options would increase commuters’ public transportation usage by 27%

Visa global study identifies key success factors to improve daily travel, creating smarter, more efficient cities — Visa — “If it was easier to pay for public transport, average use would increase by 27%. 47% said the need for different tickets for different modes of travel is an issue, 44% said not knowing how much to pay is a problem, and 41% cited services being ‘cash-only’ as an annoyance. According to those surveyed, these frustrations make them less likely to use public transport and more likely to drive their own cars.” 


NFC World

India to include NFC option in digital driving licences

Traffic violators beware, new driving licences, registration certificates coming from October — The Times of India — “The new DLs [driving licences] and RCs [vehicle registration certificates] will have a QR code that can be read by hand-held devices to access the past records of the driver or the vehicle from the central online database… ‘Though there was a proposal to make the chip and NFC feature mandatory, the Centre decided to leave the option to the state governments,’ said an official.” 



What's New in Payments

Older US consumers warm to bank-led P2P payments

Make room Millennials, Zelle study finds Generation X and Boomers driving broader adoption of person-to-person (P2P) payments — Early Warning Services — “52% of Generation X and 46% of Boomer respondents said that they ‘trust’ P2P payments, and are interested in using available solutions. 76% of Generation X and 74% of Boomers surveyed ranked ‘offered through a financial institution they use’ as a top reason to trial P2P payments.” 



NFC World

ST explores the role of NFC in cars

Q&A: The present and future of NFC in cars with ST — ST Microelectronics — PARTNER NEWS — “A couple of years ago, engineers needed to convince decision makers to use NFC in vehicles. Then Mercedes adopted our ST25R reader in their E-Class models. Now, decision makers want a reader because keyless entry and smartphone pairing are all the rage.” 


What's New in Payments

Sam’s Club to make it easier for shoppers to add products to Scan & Go mobile self-checkout basket

Sam’s Club files patent for next-level Scan & Go test — Sam’s Club — “With the upcoming test, we’ll enhance the experience with the launch of a technology using computer vision and machine learning. Rather than having to locate the barcode and scan it just right, the camera in the app will identify the product with a simple hover and add it to the member’s shopping list.” 


Transit Ticketing Today

Singapore to roll out open loop payments on public transportation

New SimplyGo system to let bank cards double up as public transport travel cards — The Straits Times — “Commuters with Mastercard contactless bank cards can use it to pay for public transport rides under a new system to be launched on 4 April 2019. The SimplyGo platform will do away with the need to top up stored-value cards, with fares for rides reflected in commuters’ credit or debit card bills, just like their retail purchases. Visa card holders will get the same convenience later this year.”