GlobalPlatform and the International Organization for Standardization Technical Committee 204 (ISO TC204) Working Group 8 (Public Transport and Emergency Services) are partnering to define technical standards that will enable transit operators to launch contactless ticketing via NFC-enabled phones and contactless payment cards. According to GlobalPlatform, Working Group 8 (WG8) is devising a standard mechanism for […]

ID Tech has announced the release of its new Xpress CM100 module, enabling merchants to accept contactless payments from debit or credit cards, fobs and NFC-enabled mobile phones. According to ID Tech, the Xpress CM100 is complaint with ISO 14443 Type A/B, Mifare and EMV 2.0.1 standards and is certified to work with American Express’ […]

Siemens CMT (Communications, Media and Technology) has announced a new mobile payments platform that enables users to purchase goods, transfer funds, pay bills and recharge their prepaid accounts all from a mobile phone. Unveiled at the Mobile Money Global conference in Dubai earlier this week, “walletXpress” also offers services and products in multimedia, ticketing, energy […]

Parks Associates has released a report predicting that NFC technology will continue to be driven by consumer demand for mobile wallet solutions in the U.S., resulting in NFC as a standard feature on smart phones by 2015. The report, “Mobile Payment: Technologies and Business Models,” finds that 50% of U.S. smart phone owners today consider […]

VeriFone Systems has announced the acquisition of Global Bay Mobile Technologies in order to expand its mobile retail offerings. VeriFone, a supplier of point of sale equipment, says the acquisition is the latest development in their strategy to bring new smart phone and tablet-based shopping and payment experiences to retail organizations. Terms of the transaction, […]

NXP Semiconductors has announced that Google is using its PN65N NFC solution for the recently launched Galaxy Nexus handset. According to NXP, the PN65N solution comprises an NFC radio controller and an embedded Secure Element, and is fully integrated on the latest release of Android 4.0, aka “Ice Cream Sandwich.” NXP says the availability of […]

CreditCards.com has released a list of “7 Reasons why your next cell phone should have an NFC chip,” focusing mainly on the convenience, security and a promising future of Google Wallet. Here are the highlights: Contrary to popular fears, mobile payments are more secure than physical credit cards, asserts CreditCards.com. According to Google rep. Nate […]

PayPal is opening up a showroom in downtown New York that will demo in-store mobile payments through NFC and other channels, according to GigaOM. PayPal, which has been reticent to adopt NFC payments due to a perceived “lack of traction,” has now added a “tap phone” option that enables customers to simply tap their phone […]

New research commissioned by First Data shows that Poland and the Middle East are more enthusiastic about contactless and mobile payments than UK/Ireland, Australia and Germany. According to the report, “Payment Methods: What Do International Consumers Want, Need and Expect?” contactless payment card ownership is still “very low” in all five countries/regions, despite being available […]

Entertainment retail chain HMV has announced it will adopt Visa payWave contactless payments in 116 stores across Canada. Starting this month, HMV customers nationwide will be able to pay for music, DVDs, video games, books and more with a simple tap of their contactless payWave-enabled credit or debit card at the point of sale. HMV […]