Apple Pay to Finally Support Octopus Card in Hong Kong, as Competition Grows in Market

By:  Dan Balaban NFC TIMES Exclusive Insight –  Apple Pay will offer support for Hong Kong’s popular closed-loop contactless transit and retail payments card Octopus later this year, adding a much-needed service to an Apple Wallet that launched three years ago in Hong Kong for credit and debit payments at retail. Related stories, automatically selected:  Hong

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Shinhan to put credit cards on the blockchain

“With the patent-winning technology, the card firm has established a blockchain-powered credit transaction process that enables various functions, such as setting a maximum spending limit, paying in monthly installments and completing payments between merchants and consumers… The company is the first in the world to have established a credit transaction service using the new record-keeping

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Visa Promotes QR Codes in Contactless Hot Spot Taiwan, Hoping to Capture Merchants That Refuse to Accept Cards

By:  Dan Balaban NFC TIMES Exclusive Insight – While Visa’s country office in Taiwan was touting the fact that Taiwan ranks as one of the top countries in Asia Pacific for acceptance and use of contactless payments only six months ago, that hasn’t stopped the big payments network from actively promoting QR code payments on

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Merchant payments association calls for 18 month delay on strong customer authentication

“To avoid significant acceptance disruptions, EPSM recommends that all regions should agree an additional timeframe of 18 months for standard applications, as well as up to 36 months for challenging applications, such as those in the travel and hospitality sector. This will deliver an EU-wide harmonised migration approach by the EBA and the 28 national

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Qualcomm to include NFC in entry-level smartphone platform

“The Qualcomm 215 Mobile Platform debuts the following ‘firsts’ in the 2-series: 64-bit CPU, Dual-ISP, supports up to 13MP photo capture​, support for Full HD (1080p) video capture​, support for HD+ resolution display, hexagon DSP for audio and sensor processing​, support for Dual SIM with Dual VoLTE, EVS voice calls​, Wi-Fi 802.11ac, support for NFC

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Samsung Pay adds in-app loan and credit card applications in India

“Paisabazaar.com, India’s largest online marketplace for financial products, today announced its partnership with Samsung… Samsung Pay users can apply for credit cards and personal loans from the platform. The move will enable millions of existing and potential Samsung Pay users to get the benefit of seamlessly opting for a host of financial services.” Read the

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LG to launch ThinQ mobile wallet in the US?

“According to the filing documents, the trademark is for services concerning transaction and settlement services, mobile banking, ‘issuance of cyber money’, and ‘payment application software for mobile phones’ among others. ThinQ is a brand first used for a smart refrigerator introduced by the company in 2011 at a consumer electronics show. Since then, multiple smartphones

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