NFC mobile payments ‘shake off the novelty tag’ in the UK

British consumers used their mobile phones to spend more than £370m (US$477m) in stores equipped with contactless payments terminals during the first half of 2017, an increase of 336% on the amount spent during the first half of 2016, transaction data analysis...

NFC mobile payments ‘shake off the novelty tag’ in the UK

British consumers used their mobile phones to spend more than £370m (US$477m) in stores equipped with contactless payments terminals during the first half of 2017, an increase of 336% on the amount spent during the first half of 2016, transaction data analysis...

Report: 2017 Mobile Payment Usage in China

Wednesday 16 August 2017 By Sarah Clark • 16 August 2017 • nfcworld.com Report: 2017 Mobile Payment Usage in China — Tencent Research Institute — “Chinese consumers spent US$5.5tn via mobile payment platforms last year, about 50 times more than their American...

China targets mobile payments oligopoly with clearing mandate

Thursday 10 August 2017 By Sarah Clark • 10 August 2017 • nfcworld.com China targets mobile payments oligopoly with clearing mandate — Financial Times — “China’s central bank has ordered online payment groups to operate through a centralised clearing house, a move...

Green Dot CEO sets out how Apple Pay Cash will work

Prepaid card provider Green Dot “will perform several roles” for Apple when the iPhone maker launches its P2P payments and Apple Pay Cash services in the US in September, Green Dot CEO Steven Streit has revealed during the company’s Q2 2017 earnings call. “First,...

UK card expenditure statistics: June 2017

Thursday 10 August 2017 By Sarah Clark • 10 August 2017 • nfcworld.com UK card expenditure statistics: June 2017 — UK Finance — “There were just under 1.4bn card payments in June, a monthly record and a 12% rise in the last 12 months. This is the highest annual rate...

European consumers give thumbs up to biometric payment cards

Wednesday 9 August 2017 By Sarah Clark • 9 August 2017 • nfcworld.com Nine in ten consumers taking part in the first European trial of a biometric payment card developed by Mastercard say they “would upgrade or probably upgrade” their favourite card to one that...

Rambus lays out the benefits of retailer-led digital wallets

Wednesday 9 August 2017 By Rian Boden • 9 August 2017 • nfcworld.com An eight-page white paper that lays out how merchants can reduce costs and increase margins, enhance the in-store experience, improve payment security and mitigate risk by deploying their own digital...

Bank of America, Samsung pilot iris-scan logins

Wednesday 9 August 2017 By Sarah Clark • 9 August 2017 • nfcworld.com Bank of America, Samsung pilot iris-scan logins — American Banker — “Half of the bank’s mobile app users are using fingerprint authentication, which BofA rolled out in 2015. In addition to the iris...

Half a billion people in China use mobile payment

Wednesday 9 August 2017 By Sarah Clark • 9 August 2017 • nfcworld.com Half a billion people in China use mobile payment — ECNS — “More than 100bn transactions were completed on cashless applications in China in 2016, while the number of mobile payment users has...

Introducing Venmo Codes: A new way to find your friends on Venmo

Wednesday 9 August 2017 By Sarah Clark • 9 August 2017 • nfcworld.com Introducing Venmo Codes: A new way to find your friends on Venmo — Venmo — “We know that sometimes it can be hard finding the right James Smith to pay or request money from on Venmo. To make your...

ST offers technical guidance on deploying NFC readers

Tuesday 8 August 2017 By Mike Clark • 8 August 2017 • nfcworld.com An in-depth presentation on STMicroelectronics’ ST25R NFC reader family that sets out the technical requirements for integrating NFC services in a wide variety of markets including payments, access...

iPhone 8 facial recognition will likely work with Apple Pay

Thursday 3 August 2017 By Sarah Clark • 3 August 2017 • nfcworld.com iPhone 8 facial recognition will likely work with Apple Pay — MacRumours — “We’ve already seen confirmation that Apple is working on facial recognition in the iPhone 8 through a recent HomePod...

Italian consumers can now make P2P payments in stores

JIFFY: Consumers can now make P2B — person to business — payments using P2P technology Jiffy, the P2P payments service that lets 4.2 million Italian consumers send money from their bank account using just the contacts list on their smartphone, has begun rolling out to...

USAA launches pilot of new skill for Amazon Alexa

Thursday 3 August 2017 By Sarah Clark • 3 August 2017 • nfcworld.com USAA launches pilot of new skill for Amazon Alexa — USAA — “USAA’s skill for Amazon Alexa pilot will leverage Clinc’s artificial intelligence conversation management technology to produce a more...

RFID market to reach US$11.2bn in 2017

Thursday 3 August 2017 By Sarah Clark • 3 August 2017 • nfcworld.com RFID market to reach US$11.2bn in 2017 — IDTechEx — “In total, IDTechEx expects that 18.2bn tags will be sold in 2017 versus 15.2bn in 2016. Most of that growth is from passive UHF (Rain) RFID...

Soon, walk into metro station without taking your card from pocket

Thursday 3 August 2017 By Sarah Clark • 3 August 2017 • nfcworld.com Soon, walk into metro station without taking your card from pocket — The Times of India — “Chennai Metro Rail Limited has invited tenders to introduce contactless smart cards which can be detected by...

You can now send money with PayPal in the Skype mobile app

Thursday 3 August 2017 By Sarah Clark • 3 August 2017 • nfcworld.com You can now send money with PayPal in the Skype mobile app — PayPal — “PayPal is now partnering with Skype to allow users in 22 countries to send money to other Skype users with PayPal via their...

New bill seeks basic IoT security standards

Thursday 3 August 2017 By Sarah Clark • 3 August 2017 • nfcworld.com New bill seeks basic IoT security standards — Krebs on Security — “The bill would require vendors of internet-connected devices purchased by the federal government make sure the devices can be...

French rock band takes NFC vending machine on tour

Wednesday 2 August 2017 By Rian Boden • 2 August 2017 • nfcworld.com SELLING OUT: The French four-piece with their contactless Super Mercato Phoenix vending machine PARTNER NEWS: US fans of French rock band Phoenix can use their bank card or mobile phone to purchase...

Klarna launches Wavy peer-to-peer payment service

Wednesday 2 August 2017 By Sarah Clark • 2 August 2017 • nfcworld.com Klarna launches Wavy peer-to-peer payment service — Klarna — “Wavy enables consumers across 31 European markets to smoothly transfer money (Euros) and split bills amongst friends, colleagues and...

Apple Pay to go live in four more countries this year

Wednesday 2 August 2017 By Sarah Clark • 2 August 2017 • nfcworld.com Consumers in Denmark, Finland, Sweden and the United Arab Emirates will be able to use Apple Pay “before the end of this calendar year”, the iPhone maker’s chief financial officer has revealed...

RBC first bank in Canada to enable bill payments using Siri

Wednesday 2 August 2017 By Sarah Clark • 2 August 2017 • nfcworld.com RBC first bank in Canada to enable bill payments using Siri — Royal Bank of Canada — “Thanks to an update to the RBC Mobile app, Royal Bank of Canada personal banking clients are now the first in...

Paytm to launch chat feature in mobile app

Wednesday 2 August 2017 By Sarah Clark • 2 August 2017 • nfcworld.com Paytm to launch chat feature in mobile app — Economic Times — “Digital payments company Paytm will launch a chat facility built into its mobile app which will allow user-to-user communication. The...

UK retailers call for higher contactless transaction limit

Tuesday 1 August 2017 By Rian Boden • 1 August 2017 • nfcworld.com More than half of UK retailers that accept contactless payments would like to see the spending limit raised above the current £30 (US$40) cap, with 37% opting for £50 (US$66) and one in five hoping to...

Tesla Model 3 has no key, so don’t forget your phone

Monday 31 July 2017 By Sarah Clark • 31 July 2017 • nfcworld.com Tesla Model 3 has no key, so don’t forget your phone — Road/Show — “For the Model 3, Tesla engineered the car to accept a digital key transmitted through Bluetooth from an owner’s phone… As a back-up, or...

Kakao Bank attracts more than 1m accounts in five days

Monday 31 July 2017 By Sarah Clark • 31 July 2017 • nfcworld.com Kakao Bank attracts more than 1m accounts in five days — The Korea Herald — “Kakao Bank was launched by Kakao Corp, the operator of South Korea’s most widely used mobile messenger Kakao Talk. Users can...

Spanish winemaker uses NFC in major promotional campaign

WINE WIN SITUATION: A tap of an Android phone against an NFC bottle collar starts the competition entry Spanish luxury winemaker Barbadillo has added promotional neck collars equipped with NFC tags to 126,000 bottles of its best-selling Castillo de San Diego white...

AIB celebrates Apple Pay launch with €0.01 ice cream cones

Friday 28 July 2017 By Sarah Clark • 28 July 2017 • nfcworld.com AIB celebrates Apple Pay launch with €0.01 ice cream cones — Irish Mirror — “Apple Pay ice cream trucks will be arriving at a number of locations across the country this weekend to celebrate the arrival...

How facial recognition could replace train tickets

Friday 28 July 2017 By Sarah Clark • 28 July 2017 • nfcworld.com How facial recognition could replace train tickets — BBC News — “A facial recognition system designed to replace the need for tickets on trains is being tested in the UK… An early version that uses two...

Convenience store Cheers opens first unmanned, cashless outlet

Friday 28 July 2017 By Sarah Clark • 28 July 2017 • nfcworld.com Convenience store Cheers opens first unmanned, cashless outlet — The Straits Times — “The Cheers outlet at Nanyang Polytechnic (NYP) looks like its normal store — with shelves and fridges stocked with...