Apple Pay could encourage competition between banks on credit cards in Australia, prompting more promotions and discounts, according to Apple’s latest submission to the Australian Competition and Consumer Commission (ACCC)... More
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
- Hello, NFCW readers!
Australian festival goers trial contactless sunglasses for payments
Festival goers at the St Jerome’s Laneway Festival taking place across five Australian cities are trialling prototype sunglasses that let them make contactless payments by tapping them against a contactless POS terminal. More
Bluetooth bus ticketing trial lets passengers travel without buying a ticket
Bus passengers in northern England are trialling a mobile ticketing system that works with Bluetooth beacons placed on buses and at bus stops, and a smartphone app that tracks the user’s journey and then charges them the best-value price over the course of a day or week. More
Google to shut down Hands Free mobile payments pilot
Google is ending its Hands Free mobile payments pilot in one week’s time in order to focus its efforts on “bringing the best of the Hands Free technology to a wider audience,” according to the company. More
Samsung to bring Mini version of Samsung Pay to all Android handsets
Samsung is to launch a pared-down version of Samsung Pay which will make the mobile payments service available on all Android handsets. The Samsung Pay Mini app will support certain features of the original platform, including membership, lifestyle, transportation and online payments, and will be available first in South Korea from the first quarter of 2017, the company says. More
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Mobile wallet spending to rise 32% in 2017
The amount of money spent around the world using a mobile wallet will rise by nearly 32% this year to US$1.35tn, Juniper Research predicts... More
Indian government unveils sweeping proposals to reduce the use of cash
The Government of India has introduced a series of incentives designed to encourage consumers and businesses to adopt digital and mobile payments and significantly reduce the use of cash in the economy — including plans to encourage banks to introduce one million point-of-sale terminals by March 2017, rising to two million by September. More
India Budget: New measures to promote mobile payments
The Indian government has unveiled new measures to promote a digital economy during its 2017 Budget speech, including “the imminent launch of Aadhaar Pay, a merchant version of the Aadhaar-enabled payment system”, The Times of India reports... More
GlobalPlatform framework gives consumers control over their own secure element section
GlobalPlatform has released a new framework that gives consumers control over which secure applications can be used within part of the secure element (SE) of their trusted devices, without compromising security for the SE as a whole. More
Tostitos tortilla chip bags use NFC to order an Uber when consumers are too drunk to drive
US consumers can now order a discounted Uber ride by tapping their NFC smartphone against a bag of Tostitos tortilla chips when they have had too much to drink. The bag detects the presence of alcohol on a person’s breath and shows either a green or red steering wheel to alert the consumer of whether or not they are safe to drive home. More
Samsung Pay preps for Indian debut
Samsung Pay is preparing to launch in India... More
Irish bank waives fees on contactless transactions
Allied Irish Banks (AIB) is waiving the transaction fee for all transactions made using contactless cards or NFC mobile devices... More
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Apple Pay triples users in 2016 and prepares to launch in Taiwan
The number of Apple Pay users has more than tripled over the past year, with transaction volume up 500% year-over-year, Apple CEO Tim Cook revealed during the company’s first quarter earnings call. The mobile payment service is also expected to launch in Taiwan “soon”. More
White paper sets out ‘game changer’ role for NFC in public transport ticketing
A 14-page white paper that aims to educate public transport operators, mobile network operators and handset manufacturers on how to implement NFC technology across transportation systems, while ensuring consistent, reliable and efficient performance between devices and mobile ticketing systems, is now available to download from the NFC World Knowledge Centre. More
Starbucks customers get voice ordering as mobile orders and payments continue to grow
US consumers can now place orders from coffee giant Starbucks by speaking into the Starbucks iOS mobile app or to Amazon’s virtual assistant Alexa. The move comes as the company reveals that mobile orders made up 7% of all its US transactions in the last quarter, with mobile payments now accounting for 27%. More
Indian banks sign up for Aadhaar Pay
More than 14 banks have signed up to support Aadhaar Pay, a service set to be unveiled by the Government of India that will enable consumers to receive and make payments using biometrics... More
Square cuts processing costs to promote Apple Pay
Mobile POS provider Square is encouraging small traders across the US to promote Apple Pay to customers by letting them process more than US$12,000 worth of Apple Pay payments for free — a saving of $350 in processing costs... More
One fifth of global consumers have made an in-store mobile payment as China leads the way
Nearly one fifth of global consumers (18%) have made an in-store mobile payment in the past six months, representing an increase of 10% from the same period in 2014, research released by trade body Mobile Ecosystem Forum (MEF) reveals. Chinese consumers lead the way, with 38% of them having paid with their phone at the point of sale — nearly double the global average. More
PayPal’s mobile payments volume sees 55% increase in 2016
Mobile payments accounted for a third of PayPal’s overall payment volume during the fourth quarter of 2016, the company’s CEO Dan Schulman has revealed, with the total volume of mobile payments increasing by 55% over the course of last year. More
Indians to get mobile wallet insurance
Indian mobile wallet providers may soon be required to insure their customers’ money... More