NFC Times

Jun 17 2019 By:  Dan Balaban NFC TIMES Exclusive Insight – Following a successful launch of its closed-loop Mifare-based transit payments service, myki, with Google Pay, Melbourne, Australia, transit authority Public Transport Victoria has allocated AU$1 million to expand the service onto other smartphone platforms, including iOS and the iPhone, an agency spokeswoman confirmed to NFC […]

By:  Dan Balaban NFC TIMES Exclusive Insight – The recent announcement by large Spain-based banking group BBVA of plans to enable more banks across its footprint in Latin America to roll out the NFC-enabled BBVA Wallet as part of their banking apps could run into problems, given trends for low take-up of bank-issued NFC wallets.  Related

By:  Dan Balaban NFC TIMES Exclusive Insight – While open-loop transit payments services, such as one being launched this week by New York’s Metropolitan Transportation Authority, get most of the attention, most public transit agencies and operators do not plan to accept credit and debit cards directly for payment of fares anytime soon. Related stories,

By:  Dan Balaban NFC TIMES Exclusive Insight – Unlike in most developed countries in Europe and Asia, in the U.S., only a small percentage of the population regularly uses mass transit. But New York City is an exception, with more than 4 billion transit trips per year in the metropolitan area–seven times greater than in the

By:  Dan Balaban NFC TIMES Exclusive – Another one of Australia’s big four banks, National Australia Bank, has given in to pressure from customers and has agreed to support Apple Pay. Related stories, automatically selected:  Aussie Banking Group: Apple Holding Issuers ‘Hostage’ with Its Restrictive NFC Policies Australian Banks Form Bloc to Counter Apple’s ‘Divide-and-Conquer Strategy

By:  Dan Balaban NFC TIMES Exclusive Insight – Another one of Australia’s big four banks, National Australia Bank, has given in to pressure from customers and has agreed to support Apple Pay. Related stories, automatically selected:  Aussie Banking Group: Apple Holding Issuers ‘Hostage’ with Its Restrictive NFC Policies Australian Banks Form Bloc to Counter Apple’s ‘Divide-and-Conquer

By:  Dan Balaban NFC TIMES Exclusive Insight – With U.S. banks finally beginning to issue dual-interface EMV cards in significant numbers this year and more U.S. merchants accepting contactless and NFC payments, a key question becomes whether contactless card payment will help or hurt the prospects for what has generally been considered as disappointing take-up of

By:  Dan Balaban NFC TIMES Exclusive Insight – Half of all domestic face-to-face transactions with Visa-branded cards globally–outside of the U.S.–are expected to be contactless within the next two months, with Visa reporting that contactless technology is maturing in numerous countries worldwide, mainly in Europe and Asia. Related stories, automatically selected:  Contactless Card Transactions Could Overtake