Saturday, April 28, 2012

Secure Remote Payment Council forms working group to outline Chip and PIN for debit networks

Chip and PIN UK logo.
Chip and PIN UK logo. (Photo credit: Wikipedia)


Westwood, N.J. April 27, 2012 - The Secure Remote Payment Council (SRPc) announces the formation of a working group to define and adopt a POS and ATM solution for chip and PIN acceptance for PIN debit networks. The goal of this collaborative effort is to provide interoperable adoption of chip and PIN debit payments to the industry, while supporting innovation, choice, and the proven track record of PIN security in reducing payment fraud.

The debit networks have a long history of collaboratively working together – especially with regard to improving security - to define standards that maintain the integrity and quality of the U.S. payment industry.

The working group includes leading PIN debit networks STAR®, SHAZAM®, PULSE®, NYCE®, AFFN®, ACCEL/Exchange®, ATH®, Credit Union 24®, CO-OP Financial Services® and Jeanie®.

PIN debit is a growing payment method, popular among consumers. According to Federal Reserve statistics on the debit card industry (source: Regulation II, published July 20, 2011), in 2009 debit cards were used in 35% of noncash payment transactions and eclipsed checks as the most frequently used noncash payment method, and 88% of debit cards supported both PIN- and signature-based transactions.

The pace and focus of chip technology development within the U.S. has increased significantly over the last nine months. The SRPc and the debit networks are concerned that the current international standards for chip technology do not consider the competitive, newly regulated, real-time payment infrastructure within the U.S. For example, the new regulations on debit card interchange fees and routing now require that issuers support at least two unaffiliated brands on debit cards in order to provide merchant routing choice -- a requirement that will need to be accommodated within chip technology going forward. Deployment of a single interoperable chip and PIN solution for PIN debit should put in place one of the biggest remaining puzzle pieces to spur the U.S. payment industry toward adoption of chip technology.

The Secure Remote Payment Council (SRPc) is a nonprofit, inter-industry trade association that supports the growth, development and market adoption of debit-based internet eCommerce and mobile channel payment methods that meet or exceed the security standards for PIN-based, card-present payments. Its members include merchants, financial institutions, merchant processors, issuer processors, payment brand companies, payments authentication hardware providers, payments authentication software providers and payments consultants. In February, the SRPc published an open letter on chip and PIN calling on the industry to carefully review the ramifications, understand their inherent risks and come together to ensure that chip and PIN deployment in the U.S. is open to all market participants in an equitable manner. This working group is a first step in answering that call to action. For additional information, visit www.SecureRemotePaymentCouncil.org .
Source: Company press release.






NFC Mobile Payment News Alert

News2 new results for NFC Mobile Payment
Taking a mobile and a wallet to the shops?
The Independent
O2 Wallet offers something of a combination of the features of PingIt and Quick Tap in one platform, which should prove popular, although there will be a wait until O2 incorporates mobile contactless payments via NFC, as Orange/Barclaycard has.

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Ottawa, Canada, to be home to new mobile payment parking system
Windows Mobile Device Center
Windows Mobile Device Center (Photo credit: Wikipedia)
QR Code Press
The system allows drivers to pay for parking space and extend parking times using mobile application and an NFC-enabled mobile device. Ottawa is the first city in Canada to adopt the PayByPhone system. Depending on the success of the system, ...

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Thinking Big (Data) | NFC, Mobile POS, and Mobile Payments News

Web                                   3 new results for NFC Mobile Payment
An NFC mobile phone (Nokia 6131 NFCmesso) inte...
An NFC mobile phone (Nokia 6131 NFCmesso) interacting with a smart poster Русский: Мобильный телефон NFC (Nokia 6131 NFCmesso) взаимодействует со Smart Poster (Photo credit: Wikipedia)
NFC mobile payment will be the norm by 2020, says study | LinkedIn
NFC mobile payment will be the norm by 2020, says study knowyourmobile.com. A new study believes cash and credit cards could be a thing of the past by as ...
www.linkedin.com/.../NFC-mobile-payment-will-be-137043.S...
Thinking Big (Data) | NFC, Mobile POS, and Mobile Payments News
This week we're excited to host an original blog post by Rob Sadowski. Rob is the Director of Solutions Marketing for RSA, The Security Division of EMC.
www.mobilewaytopay.com/2012/04/23/thinking-big-data/
Barclaycard Seeks More M-Payment Users with ... - NFC Times
2 man in Visa Inc.'s mobile-payment unit and a former vice chairman of the NFC Forum, has left the payment network after more than 15 years, NFC Times has ...
www.nfctimes.com/.../barclaycard-seeks-more-m-payment-use...



Mobile Payment News for Saturday, April 28

ePaymentNews              23 new results for "Mobile Payment"
Telpac Industries, Inc. Executes a Master Distributor Agreement With Meritus ...
T.G.I. Friday's
T.G.I. Friday's (Photo credit: Wikipedia)
MarketWatch (press release)
BEVERLY HILLS, CA, Apr 27, 2012 (MARKETWIRE via COMTEX) -- Telpac Industries, Inc. (pinksheets:TLPC), a global provider of mobile payment and electronic commerce products and services, today announced that the company has executed a long-term Master ...

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TGI Friday's embraces mobile payments
SlashGear
That is, if you're lucky enough to be at one of the 350 TGI Friday's locations that offers the new mobile payment technology. The special app for the restaurant is available on the App Store and Google Play. This isn't the same kind of mobile payment ...
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SlashGear
T.G.I. Fridays lets diners pay with smartphones using Tabbedout
GigaOM
By Ryan Kim Apr. 27, 2012, 7:37am PT 1 Comment Casual food restaurant chain TGI Fridays has become the first national chain to incorporate a mobile payment option called Tabbedout, which will allow diners to open a tab and pay their bill right from ...
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GigaOM
Tabbedout lands partnership with TGI Friday's
Mobile Payments Today
TabbedOut, the plucky little Austin-based mobile payment startup, isn't so little anymore. (We assume they're still as plucky as ever.) The company announced it has partnered with casual dining chain TGI Friday's to offer its app as a payment method in ...
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Banking Access for Union Members
AllAfrica.com
This is the second mobile payment service provider to enter the local market. According to John Shaetonhodi, Chairman of the Board of Directors of Nam-mic Payment Solutions, Nam-mic Financial Service Holdings whose majority ownership are NUNW ...
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Dine and dash: TGI Friday's lets customers pay their tabs on iPhone and Android
VentureBeat
TGI Friday's mobile payment functionality is powered by Austin-based startup Tabbedout, a company with consumer-facing mobile applications of its own that allow users to locate participating restaurants and take care of their checks from their phones.
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VentureBeat
MasterCard partners on new mobile service in South Africa
Mobile Payments Today
Payment giant MasterCard is joining with Oltio, a South African mobile payment and financial services company, to introduce MasterCard Mobile to the South African market. In an announcement of the partnership, MasterCard said the new product will ...
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T.G.I. Friday's to let diners pay with their iPhones
tuaw.com
Casual dining chain TGI Friday's has announced that iPhone owners can now use a mobile payment option called Tabbedout to pay their bills. The option is part of a free mobile app called Friday's that came out a few days ago.
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NRF: FTC should move cautiously on mobile payments
Drug Store News
... know their customers more like they knew their customers generations ago, and offer more personalized service," Duncan said, adding that federal officials need to address a number of issues including a definition of what constitutes a mobile payment.
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TGI Friday's will let diners pay the bill with their smartphones
Ubergizmo
The restaurant chain has recently introduced a new mobile payment option called Tabbedout. This basically allows diners to open a tab with the restaurant and pay for their bills directly from their smartphone via an app that Friday's launched earlier ...
See all stories on this topic »
TGI Friday's app for iOS and Android lets customers track and pay their tabs
The Verge
The mobile payment system is supported by Tabbedout, which has its own app allowing diners to pay by phone at a variety of restaurants. The Friday's app can currently be used at most than half of the chain's 600 restaurants, and you can grab the it now ...
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Freeport Capital Inc. (FAS:CNSX) HybridPay Tech Opens Office In Makati ...
Stockhouse
The Philippines is enjoying a vibrant demand for Mobile Payment Solutions with a significant demand for Telco's, Transit and Delivery Services. The direct benefit that will be offered by Hybrid Pay Tech Asia responds to the demands of Merchants needing ...
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Mobile browsing war intensifies as growth in smartphone population slows
People's Daily Online
UC Mobile, the country's largest provider for mobile Internet browsing, announced Tuesday they will cooperate with China UnionPay to launch a browser-based mobile payment solution, to combat rivals such as Chinese-developed Dolphin Browser, ...
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TGI Friday's Accepts Payments via iPhone and Android App
Gotta Be Mobile
Friday's is the first national chain to support this type of mobile payment. The chain tried other tech-focused ideas in the past including QR codes on menus and location-based marketing. Friday's stopped both experiments, but this new one will ...
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Last weekend to vote in People's Pick
MiamiHerald.com
Geopon: Combines geo-targeted coupons and savings, consumer reward services and mobile payment processing in an easy-to-use mobile application. • LegalFileIt: Cloud-based platform cuts costs and increases revenue for law firms by enabling efficient ...
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MiamiHerald.com
EBay Brings Restaurant Customers a Whole New Way to Pay
Wall St. Cheat Sheet
This week, the restaurant will be introducing the mobile payment system Tabbedout to 350 of its 600 locations. The app allows customers to open a tab and pay their bills right from their smartphones using a card already on file.
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PayOne Wins Prestigious Mobile Merit Award
Review seeker (press release)
... CA -- (Marketwire) -- 04/27/12 -- PayOne, formerly PaymentOne Corporation, a global leader in mobile payments, today announced that the company has won the 2012 Mobile Merit Award for its excellence in mobile payment, billing and customer service.
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No comment: iPhone case has a "discreet" storage compartment
tuaw.com
And it probably makes you wish that Apple would go ahead and build a mobile payment system into the iPhone -- because you never leave your house without that. Now imagine that you're a super cool player, meet a girl, and get invited back to her place ...
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International ICT security summit Tanzania, 2012
Bikya Masr
In an era where African countries such as Tanzania are fast growing in the mobile money markets, mobile payment solutions from major mobile telecommunication industries are escalating to impressive numbers due to the benefits offered such as branchless ...
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Bikya Masr
Sprint Offers the Samsung Galaxy Nexus at $200
Planet Insane
Despite this limitation, the Samsung Galaxy Nexus of Sprint will offer support for the Google Wallet mobile payment system, which is not available on the Verizon version of the device. Users who sign up for the mobile payment service within one week of ...
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Planet Insane
As headwinds gather, Rogers seeks its next windfall
CTV.ca
One is a mobile payment service, through Rogers Bank. The idea is to have the smartphone's SIM card double as a mobile wallet that holds everything from virtual credit and debit cards, driver's licences, transit passes and loyalty points.
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Speechly Bircham | Mobile payments: How to ensure full profitability of the ...
Linex Legal (press release) (registration)
The mass take-up of smartphones is certainly contributing to this new consumer cultural change and adoption of mobile payment solutions while redefining the payment industry landscape and boosting the development of new sophisticated payment ...
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Welcome Aboard: Even More New Hirings
ADOTAS
Mobile payment technology provider GoPago announced three executive hires. Josh Bradbury is now vice president of sales; he had most recently been director of enterprise sales at IBM. Navneet Singh, formerly director of product development at Google+, ...
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Blogs6 new results for "Mobile Payment"
O2 launches mobile wallet service | Education And Training
By GaryMetzger
"This is, we believe, the safest and most secure way to deliver mobile payment services." Eden Zoller, analyst at Ovum, said the service was part of a wider plan. O2 and its rivals Vodafone and EverythingEverywhere are working on a national ...
Education And Training
T.G.I. Friday's® Offers Guests More Choices with New Mobile App
By WDM Group PR Network
The app, whose unique mobile payment functionality is powered by Tabbedout, was developed in a joint collaboration between the mobile solutions company, Carlson IT, Illume Mobile and The Richard's Group's Click Here, Inc. The app ...
Press Releases
Telpac Industries, Inc. Executes a Master Distributor Agreement With ...
By Publisher
BEVERLY HILLS, CA -- (Marketwire) -- 04/27/12 -- Telpac Industries, Inc. (PINKSHEETS: TLPC), a global provider of mobile payment and electronic commerce products and services, today announced that the company has executed a ...
So-Co-IT
Total-Apps Exhibiting at L.A.'s Largest Mixer® | Largest Mixer's Blog
By largest mixer
Whether you require a traditional terminal, POS system integration, wireless terminals, mobile payment platforms, virtual terminals, shopping cart integration or multi-currency options – Total-Apps seamlessly integrates them for you to easily ...
Largest Mixer's Blog
TGI Friday's app for iOS and Android lets customers track and pay ...
By theverge.com
The mobile payment system is supported by Tabbedout, which has its own app allowing diners to pay by phone at a variety of restaurants. The Friday's app can currently be used at most than half of the chain's 600 restaurants, ...
Android Headlines
ViVOtech president: Google Wallet can be more than just mobile ...
By lowes1
ViVOtech president: Google Wallet can be more than just mobile payment ZDNet (blog) While a key component of Google Wallet, the company itself mostly works behind the scenes, providing near-field communications-based technology to ...
Mobile Innovators

Web3 new results for "Mobile Payment"
Problem with mobile payment (Page 1) / Bugs / Eredan's World
I wanted to purchase Feez with mobile payment to get enough for 2 years pack and to enable me selling cards in the market, but i couldn't complete transaction.
forum.eredan.com/viewtopic.php?pid=557095
MediaPost Publications Canada Ready For Mobile Payment For ...
Thousands of Canadian retailers already have equipment in place to let customers pay for purchases with a swipe of their mobile phones, putting the country in ...
www.mediapost.com/.../canada-ready-for-mobile-payment-for...
[Q] Mobile Payment app for the uk - xda-developers
I have recently got the HTC One X which has NFC, I was refusing to get a phone without NFC but I have worked out in the UK it is useless. There are many NFC ...
forum.xda-developers.com/showthread.php?goto=newpost...



O2 Wallet launches in the UK: NFC to be added "in time"

Logo of Telefónica Europe
Logo of Telefónica Europe (Photo credit: Wikipedia)
News                 1 new result for NFC Mobile Payment
O2 Wallet launches in the UK: NFC to be added "in time"
NFC World
By Sarah Clark | nfcworld.com | April 26th, 2012 Amid on-going delays for the UK mobile network operators' Project Oscar NFC joint venture, O2 has moved ahead with the launch of a mobile wallet that offers a suite of payments and marketing services to ...
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Blackberry Foursquare app gets NFC support

NFC likestations inside the BlackBerry Stand a...
NFC likestations inside the BlackBerry Stand at the Mobile World Congress 2012 (Photo credit: Official BlackBerry Images)
News4 new results for NFC Mobile Payment
Blackberry Foursquare app gets NFC support
SlashGear
That is, of course, provided both users have a compatible NFC device. Nevertheless, it is always nice to see NFC expanded beyond mobile payments, which is what it has become primarily associated with. The update is available now in the Blackberry App ...
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O2 launches mobile wallet
NFCNews
UK mobile operator O2 has announced the launch of its O2 Wallet mobile money service. O2 Wallet enables users transfer funds up to £500 to any UK mobile phone number, compare the prices of goods via bar code scan, receive coupons and offers, ...
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News in-depth: O2 enters contactless payment market
sQuidcard
Available to customers on any mobile phone network, the O2 Wallet will also allow customers with a near-field communication (NFC)-enabled mobile phone to complete contactless payments at over more than 100 participating retailers.
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sQuidcard
O2 launched Wallet for mobile payments
PC Advisor
By Chris Martin | PC Advisor | 26 April 12 O2 Wallet allows users to send a 'Money Message' of up to £500 with a mobile phone number, among other things. The service doesn't require near-field communications (NFC) technology or for users to be O2 ...
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Apple's patent suggests iTunes media gifting via NFC

SEOUL, SOUTH KOREA - NOVEMBER 28:  Customers w...
SEOUL, SOUTH KOREA - NOVEMBER 28: Customers wait in a line for Apple iPhone 3Gs during the Apple iPhone 3Gs launching ceremony at the Olympic stadium on November 28, 2009 in Seoul, South Korea. Hundreds of people lined up overnight outside the Olympic stadium in Seoul to pick up their iPhone as soon as it was launched. The Internet and multimedia enabled iPhone immediately emerged as the country's most popular smartphone with nearly 60,000 people making online pre-sale orders. (Image credit: Getty Images via @daylife)
Blogs4 new results for NFC Mobile Payment
PayByPhone adds NFC to Ottowa parking options
PayByPhone parking allows drivers to pay for and extend their parking time using a mobile app, online, or calling a local phone number. Ottawa is the first Canadian city to incorporate near field communication (NFC) and QR code features for ...
Finextra Research Payments channel
Apple's patent suggests iTunes media gifting via NFC « TechGeer
While NFC has primarily been the focus of mobile payment services, the patent shows Apple considering NFC as a means for iPhone users to gift another iPhone owner a song simply by tapping phones together. According to the patent, ...
TechGeer
Appearance Of iWallet & NFC Technology In The iPhone 5: Another ...
By Samuel King
It seems that the main issues and challenges of technology and NFC mobile payments will be resolved very soon, heading to the emergence of the iPhone 5. Hiring Benjamin Vigier back in 2010 gave the company almost half a year to ...
Computer Information Site
O2 UK unveils mobile wallet service, ponders charging model ...
"It has a greater chance of success than mobile payment services solely focused on NFC. But O2 faces the same challenges that all other telcos face when competing against so-called OTT players--global online companies such as PayPal ...
FierceWireless



NFC applications market to grow to $10 billion by 2016

News2 new results for NFC Mobile Payment
NFC applications market to grow to $10 billion by 2016
QR Code Press
A new report from MarketsandMarkets, a market research firm, paints a promising future for the world of NFC mobile applications. NFC technology has entered a period of rapid growth, powered by the proliferation of smart phones and other mobile devices.
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QR Code Press
Good2gether to Track Good Deeds in Boston
RFID Journal
A Near Field Communication (NFC) RFID inlay is embedded in each sticker, which a retailer or other business attaches to a wall or window. By tapping a DoGood Badge with an NFC-enabled phone or other mobile device, consumers can access data regarding ...
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IEEE Fellow: Don't Expect NFC Payments to have a Major Mobile Impact

News1 new result for "Near Field Communications"
IEEE Fellow: Don't Expect NFC Payments to have a Major Mobile Impact
IEEE Logo
IEEE Logo (Photo credit: Wikipedia)
CIO
Mobile payments enabled by Near Field Communications (NFC) won't have as big an impact as vendors such as Google are hoping for, according to IEEE fellow Jack Winters. By Brad Reed Network World — Mobile payments enabled by Near Field Communications ...

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