The three card issuers’ 100 million customers will be able to store a full range of credit, debit and prepaid cards, as well as loyalty cards and special offer coupons, on their NFC mobile phones. More
EMVCo, the standards body collectively owned by American Express, JCB, MasterCard and Visa, has officially recognised the GlobalPlatform Compliance Program for validating secure elements as an integral part of its mobile payment certification process... More
PayPal is planning to offer merchants who adopt its in-store mobile payments service both lower costs and access to more detailed customer data, according to a Reuters news report... More
The core trusted service management (TSM) platform to be used by the US NFC joint venture between AT&T, T-Mobile and Verizon Wireless will be provided by France-based Gemalto. More
Japanese mobile network operator Softbank, card issuer Credit Saison and American Express have teamed up with NFC technology providers Dai Nippon Printing and Gemalto to test SIM-based NFC payments on Android phones... More
The payments giant’s digital wallet is to be called ‘V.me’ and will launch in 2012 as a payment system for online transactions, with NFC at the point of sale and targeted rewards, offers and coupons set to follow. More
VeriFone has acquired electronic payments specialist Point International from Nordic Capital for €600m (US$812m) as the POS terminal maker accelerates its transition to a managed services revenue model... More
American Express is to invest US$100 million in digital commerce startups over the next several years... More
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
An NFC-based mobile wallet that “will work with not just Visa cards from multiple banks, but other cards like American Express,” is set to be introduced in August or September next year, Visa Europe commercial director Steve Perry told delegates at the payments network’s security summit in Frankfurt last week, reports Pocket-Lint... More
American Express is to make an API available for its Serve digital wallet platform, Harshul Sanghi, the new VP of the company’s enterprise growth group has told Techcrunch... More
The first public version of the Google Wallet app is being sent out to Sprint customers via an over-the-air software update today. More
US mobile network operators AT&T Mobility, Verizon Wireless and T-Mobile are planning to invest more than US$100m in their Isis NFC joint venture, Bloomberg reports, citing “people with knowledge of the project.”... More
Edward Gilligan, vice chairman at American Express, has set out the thinking behind the payments giant’s recent series of deals with Isis, Facebook, Foursquare, Sprint and Verizon in an interview with Bloomberg TV. More
Google has been field testing its NFC payments service with a large group of users since late May and, from later this summer, anyone with a Nexus S 4G and a Sprint contract will be able to use their phone to make mobile payments at merchants that accept MasterCard PayPass. More
Isis is to put in place a fully open ‘TSM to TSM’ architecture, the company has told NFC World, so that banks and service providers — as well as Visa, MasterCard, Discover and American Express — will be free to choose their own NFC technology suppliers. More
What does the news that Isis has signed up all four US payments networks — Visa, MasterCard, Discover and American Express — for its NFC payments service mean for the future of the Google Wallet service?... More
“Relationships with all four payment networks means that with Isis-enabled phones and payment terminals in place, merchants and consumers will have ubiquity and freedom of choice when it comes to payment network acceptance,” says the company. More
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
News in brief from the NFC world and beyond: Twitter and Docomo add ‘touch and follow’ • Doubletwist shares songs with NFC • Airtag offers P2P loyalty • Lifera and Taztag tie up • Lockitron opens doors with NFC • DPT unveils NFC-enabled car park pay machine • SK C&C USA rebrands as CorFire • Bayer puts antennas into decorative films • Mobey Forum expands • and much more… More