Category Archives: Contactless NFC

RBC first bank in North America with Host Card Emulation

RBC (Royal Bank of Canada) has announced the addition of Host Card Emulation to the RBC Mobile app, allowing Canadians to pay with most Android mobile phones without worrying about being on the right mobile network or having the right SIM card. RBC is the first North American financial institution to develop a Host Card Emulation payment solution, providing more ...
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Samsung to launch Apple Pay rival

Samsung is said to be discussing a deal with a payments start-up that would help the smartphone maker introduce a mobile payments system in 2015 to rival Apple Pay, multiple sources report. The technology would allow people with certain Samsung phones to pay in stores by waving their phones instead of swiping with a credit card or cash. It is not yet clear if ...
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Barclaycard deploys contactless gloves

Barclaycard is to trial gloves that allow people to pay for their shopping via contactless, following demand for a wearable payment item that makes paying quicker and easier when laden with shopping bags. In a survey by Barclaycard, which quizzed 2,000 people on their shopping behaviour, “gloves you could pay with” were voted the most popular wearable item consumers would ...
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Hackers will target Apple Pay and ATMs in 2015

Apple Pay and ATMs are included on Woburn, Mass.-based data-security services provider Kaspersky Lab Inc.’s newly released list of nine security predictions for 2015. The top targets will be banks, which face the threat of direct attacks in which hackers try get into a financial institution’s network. Once in, the cyber-thieves may try to remotely direct ATMs to dispense cash or steal ...
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High value contactless payments arrive in the UK

A new service that lets NFC phone users enter their PIN on their mobile device to confirm a high value transaction is making it possible for UK consumers to make contactless payments valued at more than the current £20 (US$32) transaction limit for the first time. The new high value contactless service requires a software update to merchants’ contactless POS terminals ...
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Contactless card payments to take off this Christmas

PaymentsCM (PCM) predicts that contactless card payments in the UK this Christmas will exceed £500 million with over 250,000 transactions in December. The increase in contactless users has had a steady and healthy growth, but PCM sees 2015 looking set for users and figures to accelerate. Alex Rolfe, Managing Director at PCM, commenting on the prediction said, “Contactless is on ...
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1 in 10 iPhone owners use Apple Pay

A new report from InfoScout suggests Apple Pay is yet to gain widespread adoption among iPhone 6 owners due to poor consumer awareness of which stores accept the NFC payments technology and a lack of understanding of how the service works. According to a recent survey conducted by InfoScout, consumers who have used Apple Pay, however, compare it highly favourably ...
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Norway rollout NFC payment service Valyou

Norway is set to roll-out Valyou, its first mobile NFC payment service, which is a collaboration between the country’s leading mobile operator and two of its largest financial institutions, recognising the growing importance of NFC technology to both businesses and consumers. The Valyou NFC payment service, is a collaboration by Telenor, DNB and SpareBank 1. Telenor is Norway’s leading mobile ...
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US retailers see surge in NFC payment

Retailers in the US are seeing an uplift in NFC payment transactions in the three weeks following the launch of Apple Pay, according to The New York Times. Grocery chain Whole Foods said it had processed more than 150,000 Apple Pay transactions, while Walgreens, the nationwide pharmacy, said mobile wallet payments had doubled since the arrival of Apple’s NFC-based payment service. ...
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Research reveals banks’ attitudes to HCE

Global bank-led industry association, Mobey Forum, has published a white paper detailing the results of a survey that outlines the attitudes of its international membership toward the adoption of host card emulation (HCE). The survey reveals members’ appetites for third-party support with HCE solution development and ranks their key criteria for the selection of a technology partner. With close to ...
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