NFC World

Chunghwa launches NFC payments in Taiwan

Chunghwa Telecom

Taiwan’s largest mobile network operator’s NFC payment service has gone live and four banks will now begin the roll-out of Chunghwa Telecom’s mobile credit card service, which enables Mastercard PayPass credit cards to be issued over-the-air to customers’ NFC-enabled SIMs, starting with Cathay United Bank... More


NFC World

Chunghwa Telecom to test NFC and QR combo payments platform

Chunghwa's mobile wallet in action

“It is an all-in-one digital wallet that lets customers choose which way they want to pay,” the Taiwanese carrier’s Joseph Kuo has told NFC World. “The wallet supports multiple credit and bank cards, loyalty cards, coupons etc, and I think Chunghwa Telecom would like to see a big development in both technologies.”  More


NFC World

Tesco: NFC payments are too complex and offer too few benefits

Tesco

“NFC was revolutionary 10 years ago but I think it just might have passed its sell-by date”, the retail giant’s Lyndon Lee told attendees at a mobile payments conference in London this week. “We are developing a digital wallet, focusing on marketing and loyalty aspects, but payment may not enter the wallet.” More




NFC World

MasterCard fights back against new payments players with increased transaction fees for digital wallets that don’t share data

MasterCard

The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not.  More


NFC World

Korean banks launch NFC payments service

BankWallet

Sixteen Korean banks have introduced BankWallet, a prepaid NFC payments service that uses a platform developed by interbank clearing house KFTC. SK Telecom subscribers with an NFC phone will be the first to be able to use the new service and KT customers will be added soon. More




NFC World

Visa Europe forecasts breakout year for NFC

Visa Europe CEO Peter Ayliffe

“The year ahead will see us putting mobile contactless payments into consumers’ hands and introducing digital wallets on a mass scale,” says Peter Ayliffe, chief executive of Visa Europe, as the payments network predicts there will be 40 mobile contactless payments issuers in Europe in 2013. More


NFC World

The Mobile Wallet Report: PayPal takes its digital wallet overseas, biometrics gain ground and marketers flock to Apple Passbook

Mobile Wallet Market Briefing: PayPal

In the December edition of Mobile Wallet Outlook, the NFC World team examines the resurgence of interest in using fingerprint verification at the point of sale, the innovative new services being built on top of Apple’s Passbook mobile wallet and the latest consumer adoption surveys. Our first “spot report” takes an in-depth look at PayPal’s digital wallet and in-store payments strategy and asks whether the online payments giant can succeed in crossing the online-offline divide. More




NFC World

Vodafone Australia sets out NFC payment plans

Vodafone Smartpass

“As early as next year, customers with NFC-enabled smartphones will be able to leave their wallets at home and pay for a morning coffee, an evening out with friends, or groceries, with their handset,” says the carrier’s head of strategy and business development. More