Chase and Visa provide an easier way to get around New York City with a tap — Visa — “More than two-thirds (67%) of riders have missed a train while waiting in line to reload a transit card, according to a recent Visa survey of more than 1,000 New Yorkers who take public transportation. Eight out of ten (83%) people surveyed said they have had trouble getting their transit card to work at the turnstile. And two-thirds (66%) have left or forgotten funds on a transit card, at an average of $35.10 lost.”
Open loop
Apple to expand Express Transit payments to open loop cards?
iOS 12.3 to bring EMV Express Transit support to Apple Pay — Tap Down Under — “New strings discovered within the pass.json files of Apple Pay card files make mention of new ‘Transit Network Identifiers’ options, as well as new passUpgrades/open loop options.”
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.”
Belgian transit operator to deploy open loop multimodal mobility-as-a-service platform
Flanders public transport operator De Lijn selects Conduent Transportation to deploy next-generation fare collection system — Conduent — “The first phase will enable the use of contactless public transport operator payment cards and bank cards based on the cEMV (contactless Europay, MasterCard and Visa), aggregated pay-as-you-go transit model 2… A future phase of the platform will support mobility-as-a-service with the integration of various mobility providers such as car sharing, bike hire and taxis.”
Dutch rail operator pilots open loop ticketing service
On trial: Travel with a bank card or credit card — NS (Translation) — “Starting this weekend, the first travellers can check in and out with their own payment card instead of the OV chip card… Travel expenses incurred are processed overnight after the travel day and debited through the bank.”
MTS to roll out open loop ticketing on buses and trains in San Diego
MTS partners with Init for account-based fare system in San Diego — Init SE — “Init will deliver about 900 fare validators for use on MTS buses and at rail station platforms. The validators will accept closed-loop payments such as an MTS-branded smartcard and be capable of accepting open payments such as bank-issued debit/credit cards and mobile wallets using Google Pay, Apple Pay or Samsung Pay.”
Costa lets customers make payments with their coffee cups
The UK’s largest coffee shop chain has teamed up with Barclaycard to put a contactless payment chip in a reusable drinks cup, allowing customers to pay up to £30 anywhere contactless cards are accepted with just a tap of their cup.... More
Valitor picks Dejamobile to offer mobile payments and branded mobile wallets to clients
PARTNER NEWS: Payment solutions provider Valitor is to use Dejamobile’s cloud-based payments platform to provide its clients with the ability to add mobile payments and a branded mobile wallet to their services... More
Okey Co joins the NFC World Partner Program
NFC World today welcomes Beijing-based Okey Co as a member of our partner program... More
Axis Bank to launch contactless transit and payments card in India
Commuters across Bengaluru in India will soon be able to pay for travel on buses operated by Bengaluru Metropolitan Transport Corporation (BMTC) with a tap of an open loop contactless card provided by Axis Bank... More
Kiev subway goes contactless
The Ukrainian capital of Kiev has become the fifth city in the world, after London, St Petersburg, Chicago and Bucharest, to allow fares to be paid with open loop contactless cards... More
The Bancorp to offer HCE prepaid cards to European issuers
Financial products and services provider The Bancorp will offer open loop mobile prepaid cards that make use of host card emulation (HCE) to its European issuers in the fourth quarter of this year, through a partnership with mobile payment provider MeaWallet... More
MCX CEO confirms plans to include bank cards in CurrentC wallet
MCX CEO Dekkers Davidson has outlined more of the consortium’s plans for its CurrentC mobile wallet in a keynote presentation at the Money2020 event in Las Vegas, confirming that banks will be able to add open loop payment cards to the service when it goes live in 2015... More
US merchant groups call for creation of open tokenization standards
Leading merchant groups in the US have come together to call for the creation of an alternative set of open standards for tokenized payments that would be managed by an independent body such as ISO or ANSI — rather than by the payments industry. More
London Underground to accept NFC payments
Users of mobile network operator EE’s Cash on Tap NFC payments service will be able to use their mobile phone to pay for travel on the London Underground, Docklands Light Railway and London Overground services from 16 September, when Transport for London (TfL) introduces the ability for passengers to pay for travel using contactless cards... More
Société Générale to launch NFC payments in Strasbourg
French banking group Société Générale is to introduce an NFC payments service in the city of Strasbourg this autumn... More
Isis releases Utah mobile payments usage stats
Active users are now paying with Isis five or more times a week, says Jim Stapleton, the NFC payments platform’s chief sales officer. “Consumers actually only need to know about the passcode, and you kind of have a mental ‘Oh!’ right there as they realize their leather wallet does not have a passcode,” he explained. More
Call for contributions: New report on mobile payments and the future of merchant transaction fees
The NFC World team has identified ten pressure points that suggest the arrival of mobile payments will result in a fundamental change in the overall cost of processing payments and the way in which merchants transaction fees are calculated — and we’d like to hear from anyone who is working on ways to use mobile technology to cut the cost of processing transactions at the point of sale. More
Inside Secure launches multi-owner secure element
“With the availability of the VaultSecure IC, smartphone manufacturers, mobile network operators and other trusted third parties can co-own the SE and install, personalize and administer their own open- or closed-loop payment, access control, transit, loyalty or other secure applets,” says Inside’s Pierre Garnier. More
Enstream sells off Zoompass wallet
Canadian mobile network operator-owned NFC provider Enstream has sold its Zoompass mobile payments service to Paymobile, a financial technology company that provides program management services for a range of open loop prepaid and virtual card programs... More