Monday, April 30, 2012

NFC Authentication Goes Mobile With Android App

April 30, 2012 15:17 ET
Skycore LLC's codeREADr App Authenticates NFC Transactions Embedded in Tags, Wristbands, FOBs and Phones; Pilot Tracks & Validates Reusable, Rechargeable NFC Wristbands for Secure Ticketing and Stored Value
BOSTON, MA--(Marketwire - Apr 30, 2012) - Skycore LLC, developers of the commercial barcode and Near Field Communications (NFC) validation app, codeREADr (, today announced powering the first pilot where reusable, rewearable NFC-embedded wristbands can be tracked and validated using mobile, NFC-enabled Android devices.
Wristbands embedded with NFC chips are currently used by some festival organizers to improve ticket security. Some multi-use transit cards, like Boston's CharlieCard, include NFC chips to enable fast, contactless validation. However, in both cases those tickets are typically validated either with stationary hardware or expensive mobile computers.
"Our commercial codeREADr app is the first to enable mobile tracking and validation of both barcodes and NFC targets using Android 4.0 (ICS)," said Rich Eicher, CEO of Skycore LLC. "This year there will be many new NFC-enabled devices introduced well suited for mobile commerce and enterprise applications. One of the more prominent is the new, unlocked and aggressively priced ($399) Samsung Nexus available at Google Play."
In their pilot, a Baltimore based ticketing service provider, MissionTix ( is offering their venue clients stylish, reusable NFC wristbands for their patron to keep and 'recharge' online. In this way they may attend multiple events sponsored by the same venue, or participating venues, without having to get new tickets issued.
When the Android device taps the NFC wristband, codeREADr powers the NFC chip for a fraction of a second to read transaction data embedded in the chip. The app then validates this data in real-time against an on-device or online database of authorized values, typically managed by a ticketing company or other service provider on behalf of the venue or merchant. The embedded data cannot be forged or rewritten, making codeREADr's NFC solution especially secure for ticketing and stored value transactions.
"MissionTix is the first to deploy our platform's 'One ID' transaction technology using NFC," said Eicher. "With it, a single ID embedded in a barcode or NFC target can be tracked and validated at one venue or an unlimited number of venues and merchants. Not only is this convenient for consumers but combining goods & services from multiple providers can potentially offer greater value to consumers."
About Skycore LLC Skycore LLC, a Boston-based mobile service provider since 2003, enables the creation delivery, reading and validating of data embedded in 1D/2D barcodes and NFC targets.
About MissionTixMissionTix, a Baltimore-based online ticketing service, has catered to promoters, venues and festivals since 2001,offering lower service fees, marketing strategy and support, and personalized customer service.

Shift4 Now Supports Google Wallet

Four Newly Developed Interfaces Provide Tap-and-Pay Capabilities
LAS VEGAS, NV--(Marketwire - Apr 30, 2012) - Shift4 Corporation, the world's largest independent payment gateway, is pleased to announce that it now supports Google Wallet on four newly integrated Ingenico PIN pads.
The Shift4 interfaces for these four new devices -- the Ingenico iSC250, iSC350, iPP320, and iPP350 -- also support swipe-ahead functionality, meaning customers can swipe their cards (or touch their phones) and then enter their PIN (or signature) before the merchant finishes ringing up the order. Once the order is completed, customers simply approve the amount, get their receipt, and are on their way. In busy retail environments, the short time saved by this option quickly adds up.
"We've spent most of the last two decades innovating faster, easier, and more secure ways to process payment transactions," said Shift4 CEO Dave Oder. "Adding these new functionalities certainly helps us further that mission."
Google Wallet allows consumers with smart phones that support Near Field Communication (NFC) to tap their phone on the payment PIN pad in order to initiate a transaction. Card information is then transmitted from the phone to the device and the checkout process proceeds as usual.
"NFC may well be the future of the payment industry, and we're happy to make it available to all of our merchant clients," Oder said.
The new NFC functionality integrates seamlessly with Shift4's existing DOLLARS ON THE NET® features including TrueTokenization® and 4Go®. It is now available to Shift4 merchants running the most recent version of Shift4's Universal Transaction Gateway®. Currently, the aforementioned devices are supported with no modification required to the Point-of-Sale (POS) system.
The ability to add these features with almost no modification required by merchants is further proof of the flexibility of Shift4's gateway and its ability to adapt to new technologies in such a way that merchants are not left bearing the burden of purchasing new solutions in order to gain access to the latest technologies.
Existing Shift4 customers interested in implementing Google Wallet should, or call 702.597.2480 and select option 2. Those not yet working with Shift4 can obtain more information by sending a request to
About Shift4 CorporationFounded in Las Vegas in 1994, Shift4 Corporation is the world's largest independent gateway, serving more than 20,000 clients in several industries, including Hospitality, Retail, Food & Beverage, Mail/Telephone Order, and e-Commerce. Boasting more than 350 POS/PMS integrations and maintaining absolute bank- and processor-neutrality, Shift4 is proudly merchant-centric, helping clients secure the best discount rates while providing industry-leading security, speed, and reliability. Recognized as a pioneer of Tokenization, Shift4 has processed more than three billion tokenized transactions since it coined the term in 2005. Shift4's DOLLARS ON THE NET® solution provides unparalleled pre- and post-settlement auditing capabilities, fraud protection, and drastically simplified PCI compliance. For more information, visit

Google and PayPal Express Concerns to EU on UK M-Payment Joint Venture

ePaymentNews  Two new results for                            NFC Mobile Payment
EU regulators hear concerns from Google, PayPal over UK m-payment JV
Google 的貼牌冰箱(Google refrigerator)
Google 的貼牌冰箱(Google refrigerator) (Photo credit: Aray Chen)
Mobile Payments Today
The Financial Times is reporting Google and PayPal are expressing reservations about the NFC mobile payment joint venture between the UK's three largest wireless carriers. The JV is currently being evaluated by EU regulators.

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Good2gether launches pilot project to aid non-profit organizations
QR Code Press
When consumers interact with these badges with NFC-enabled mobile devices, they will be able to access information concerning a particular non-profit group and find out how they can get involved in local causes. Through the badges, consumers can find ...
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QR Code Press

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Manage your alerts. by Visa coming to the Europe this autumn

ePaymentNews Three new results for NFC Mobile Payment by Visa coming to the Europe this autumn, cash starts begging for another ...
... 2012 11:28AM Visa Europe is muscling in on the European mobile payments game with The online service will allow you to store cards from different agencies (including American Express) for payments online and at NFC-enabled cash registers.
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What's Next For Mobile Tech In The US
Business Insider
Mobile payments have been prevalent in Japan for many years, driven by Sony's FeliCa RFID smart card system. NFC adoption is looming, but the broad installation of FeliCa readers will require dual functionality for some time. FeliCa technology is used ...
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Business Insider
McDonald's praised for raising awareness of contactless payment technology
There were a number of other winners on the night, including Google which claimed the Mobile Payment Application of the Year award for its Google Wallet service, while payment processing firm VeriFone won the Best Contactless / NFC Infrastructure gong.
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22 "Mobile Payment" News Briefs for April 30th

ePaymentNews                      13 new results for "Mobile Payment"
Know about inter-bank mobile payment service
Economic Times
The Inter-bank mobile payment service (IMPS) allows banks to facilitate real-time transfer and receipt of funds for account holders through their mobile phones. The accounts to which the funds are to be transferred can be with the same bank or other ...
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Adventures in Mobile Payments: Paying With Square
All Things Digital
Companies like Google, PayPal, Square, wireless providers and credit card companies are debating various forms of mobile payment technology. But in the battle over who gets to control your digital wallet, it's important not to forget the consumer ...
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All Things Digital
Visa confirms payment service to hit UK in the autumn
by Alastair Stevenson Visa has confirmed its payment service will launch in the UK in the autumn, adding to the slew of new mobile payment options set to arrive by the year's end. Visa said its service will allow users to store their card ...
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An uncertain future (blog)
Among the most difficult challenges for operators to counter will come from OTT players that offer mobile payment services free of charge to end users and merchants. This shifts the business model to mobile advertising, where operators have little or ...
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Casting a vote in the race towards American mobile payments
Just last month came news that Wal-Mart and Target are teaming up with roughly twenty other retailers to develop a new phone-based mobile payment system aimed at competing with the two aforementioned groupings. What's interesting to me about this is ...
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Philippe Tartavull Named Chief Executive Officer of Comverse, Inc., a ...
MarketWatch (press release)
Hypercom's solutions address the electronic transaction needs of financial institutions, processors, retailers, and various payment verticals including mobile payment. Hypercom solutions enable businesses in more than 100 countries to securely expand ...
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Mobile-Payment Devices Spur Spontaneous Gifts
Chronicle of Philanthropy (subscription)
A few years ago, the New York City charity wouldn't have been able to do such a thing. Donors would have paid for their tickets in cash—or not given at all. This content is only for subscribers. You can gain access by purchasing a: Mobile - Payment ...
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Chronicle of Philanthropy (subscription)
TGI Fridays Releases Tab-Settling App for Android
It's powered by TabbedOut, a mobile payment app for Android and iOS that's been out a while, but with limited available locations. The app interfaces with a 3rd party server that integrates seamlessly with the restaurant's point-of-sale system.
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Zain Kuwait launches iCard mobile payment services
Telecompaper (subscription)
Zain Kuwait has launched iCard, a new mobile payment service which allows customers to buy iTunes and CashU prepaid cards without the use of a credit card or K-Net. The iCard service allows customers to order an iTunes or CashU card by SMS, ...
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Mobile commerce in Canada could see top numbers in smartphone payments
QR Code Press
This has made the country a leader in the development of a mobile payment system, causing many to start speculating if it could make cash obsolete in the future. At the moment, the only step that is left is the final agreement among the telecom and ...
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QR Code Press
Do you like the idea of paying with your phone?
Ultimately, what that means is the transition to a viable mobile payment system will be a painfully slow process. In April 2011, Juniper Research predicted that only 20 percent of all smartphones would ship with NFC support in 2014.
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"Summer on the Waterfront" Brings Together Eight Non-Profits To Market ...
For Boston merchants, LevelUp is like a high-tech loyalty and mobile payment program. For visitors to the waterfront this summer, LevelUp is the smarter way to pay. LevelUp will promote discovery of local businesses and reward customers for becoming ...
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INSIDE SECURE : Files Annual Financial Report
The Group's customers are found in a wide range of markets including mobile payment, identification documents, access control, transit, electronic device manufacturing, pay television and mobile service operators.
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Blogs7 new results for "Mobile Payment"
ASBDC Biz Blog: Taking the Leap into Mobile Payments
While still a relatively small segment of the market, mobile payment - payments made using smartphone - is making serious headway. How serious? Consider this: In less than a year after Starbucks launched a mobile app complete with a ...
ASBDC Biz Blog
Research and Markets: 4Q.2011 Asia Pacific Mobile Payment ...
Research and Markets: 4Q.2011 Asia Pacific Mobile Payment Market Forecast 2010 - 2016: Gross transaction value of mobile payments in Asia Pacific to rise to $267.8 billion in 2016. Business Wire. Share |. Monday, April 30th 2012. Logo ...
Virtual-Strategy Magazine - Your...
Mobile Web West Africa 2012: 'Local content, simplicity and ...
By Samuel Okocha
In spite of the seeming indifference for mobile payments in Nigeria, publishers could make mobile money to work if the right content is integrated with an effective mobile payment system. This is the view of Ehi Binitie of Rancard Solutions, ...
Venture Capital for Africa
Inside Precedent » The Mobile Experience: Getting It Right
By precedentcomms
PayPal expects to see $7 billion in mobile payment volume in 2012*. Mobile is big business. Digital experiences that are locked in to where you are and what you're doing, that emphasise convenience and cater for people on the move (and ...
Inside Precedent
Research and Markets: 4Q.2011 Asia Pacific Mobile Payment ...
Research and Markets: 4Q.2011 Asia Pacific Mobile Payment Market Forecast 2010 - 2016: Gross transaction value of mobile payments in Asia Pacific to rise to $267.8 billion in 2016.
Intelligence touch Touch Announces 2012 Award Winners & Mobile ...
By admin
Coca-Cola / Vianet (UK) Transport and Trading Rotta tickets Romana (Romanian) Mobile Payment Application Year? Google Wallet (USA) Touch / NFC Innovation Qolpac Year (Netherlands) Best Customer Experience? Garanti Bank (Turkey) ...
ieeehomelandsecurity2007 ...
Is It time to iBank | Ashi Investments - Daily Analysis, Investment and ...
By Ashiinvestments
Vodafone does offer mobile payment system with Visa. In addition, Amazon launched in the U.S. WebPay. This service allows customers to transfer or receive money from other customers to Amazon. Microsoft also throws in the segment of ...
Ashi Investments - Daily Analysis,...

Web2 new results for "Mobile Payment"
China UnionPay expands mobile payment operations with UCWeb ...
China UnionPay, the only issuer of credit cards in China which has issued nearly 3 billion debit and credit cards, further expanded its mobile payment operations ...
Federal Trade Commission To Host Mobile Payment Workshop ...
25 Apr 2012 - United States - Information Technology and Telecoms - Federal Trade Commission To Host Mobile Payment Workshop - Mintz, Levin, Cohn, Ferris ...

First Data Acquires Remaining Equity Stake in OmniPay from FEXCO

First data
First data (Photo credit: CLS Research Office)

FEXCO continues as the preferred supplier of DCC solutions to First Data
DUBLIN--()--First Data Corporation, a global leader in electronic commerce and payment processing, and FEXCO, a specialist provider of Financial Transaction Processing, Foreign Exchange and Outsourcing Services, today announced an agreement whereby First Data acquired the remaining equity stake in OmniPay, a global provider of card and electronic payment processing services to merchant acquiring banks, bringing First Data’s ownership to 100 percent. First Data has had an equity investment in OmniPay since 2002 and took a majority equity interest in the company in August 2006.
“This agreement, which allows FEXCO to realise its investment in OmniPay is a win-win situation for all parties”
As part of this transaction, those partners of FEXCO who today utilise the OmniPay platform will continue to enjoy uninterrupted access to it. New partners of FEXCO who wish to use OmniPay will also have access to this award-winning platform. The parties also announced that they have entered into a long-term agreement whereby FEXCO continues as First Data’s preferred supplier of dynamic currency conversion (DCC) processing solutions.
“First Data’s decision to acquire the remaining 30 percent of the equity in OmniPay is a strong endorsement of the company and what it has achieved in the marketplace, as well as being a natural evolution of our long-term relationship with FEXCO. The OmniPay platform will be key to supporting First Data’s alliances and other strategic business units,” commented John Elkins, President of First Data’s International Regions. “First Data looks forward to deepening its business relationship with FEXCO in DCC and related services. This transaction allows First Data to follow its strategic objective of bringing the OmniPay platform into its technology portfolio.”
“This agreement, which allows FEXCO to realise its investment in OmniPay is a win-win situation for all parties,” commented Dermot O’Shea, Executive Director of FEXCO. “Under this agreement, FEXCO’s global banking partners will continue to enjoy uninterrupted access to this market-leading platform. At the same time, FEXCO will continue to focus on innovative payment products alongside our core, fully-managed DCC service. The signing of a long-term agreement for the provision of DCC to First Data and its customers strengthens our 12-year relationship and puts FEXCO in an even stronger position to offer our DCC services within the First Data portfolio and beyond.”
FEXCO is a specialist provider of Financial Transaction Processing, Foreign Exchange and Outsourcing Services. FEXCO is a global leader in the provision of Dynamic Currency Conversion (DCC) and currently provides its solutions to over 45,000 merchants globally in conjunction with 30 acquiring banks. The DCC provider of choice to merchants from all sectors, FEXCO processes over $10 billion in DCC transactions annually, generating significant value for its customers. FEXCO operates offices in China, Singapore, Hong Kong, Australia, New Zealand, Dubai, USA, UK and Ireland. Goodbody Corporate Finance advised FEXCO in relation to this transaction.

Nilson Report: 2011 Global Credit Card Transactions Rose 12.1% over 2010

The Nilson Report releases 2011 Report on Global Credit Card Brands

CARPINTERIA, Calif.--()--Transactions at merchants on general purpose payment cards carrying the American Express, Diners Club, JCB, MasterCard, UnionPay and Visa brands totaled 135.33 billion for 2011, up 14.56 billion or 12.1% over 20101, according to the annual special report on Global Credit Card Brands published by The Nilson Report, a respected trade newsletter on the payments industry.
“These results reflect a continuation of the worldwide movement from cash and checks to payment cards, both debit and credit”
“These results reflect a continuation of the worldwide movement from cash and checks to payment cards, both debit and credit,” said David Robertson, publisher of The Nilson Report.
The number of credit, debit, and prepaid cards in circulation reached 6.54 billion at the end of 2011, up 12.4% or 718.7 million. UnionPay added the most cards (534.0 million) for a 22.1% increase. Visa followed with an increase of 88.5 million cards, up 3.9%. MasterCard added 86.4 million cards, up 8.9%, JCB added 3.3 million cards, up 4.6, American Express added 6.4 million cards, up 7.0%, and Diners Club added 0.2 million cards, up 3.1%.
Of total payment cards in circulation carrying these global brands, 68.80% were debit, up from 66.60%. Total volume of consumer and commercial purchases and cash on these global card brands, credit and debit cards combined, increased by $2.295 trillion in 2011. Purchase volume for goods and services, which excludes cash advances on credit cards and cash withdrawals on debit cards, increased by 18.5%. Visa and MasterCard purchases accounted for $70 of every $100 in purchase volume, compared with $73 in 2010.
Credit cards issued to U.S. cardholders with the Visa, MasterCard, and American Express brands generated 36.78% of their total credit card purchase volume worldwide, down from 37.65% in 2010.
The Nilson Report is a highly respected source of global news and analysis of the credit, debit, and prepaid card industry. The subscription newsletter provides in-depth rankings and statistics on the current status of the industry, as well as company, personnel and product updates. David Robertson, publisher of The Nilson Report, is a recognized expert in the field, and is a frequent speaker at industry conferences. Over 18,000 readers in 90 countries value The Nilson Report to track industry trends and market information.
1These purchase transactions include commercial and consumer credit, debit, and prepaid cards. Prepaid cards are included in debit figures. Visa figures include both Visa Inc. and Visa Europe.

Visa to launch digital wallet this Autumn

ePaymentNews                  7 new results for NFC Mobile Payment

Research and Markets: 4Q.2011 Portugal Mobile Payment Market Forecast 2010 ...
SYS-CON Media (press release)
Portugal Mobile Payment Market Forecast provides a comprehensive forecast of Portugal's mobile payment market. It covers annual forecasts of mobile payment users; mobile payment transactions by technology (such as NFC, SMS, WAP, USSD); and mobile ...
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Visa to launch digital wallet this Autumn
Mobile News
The service,, will allow users to pay for items online using one account linked to a selection of different cards through a web browser on PCs, tablets, laptops and smartphones. The service is unlikely to offer mobile NFC payments at launch, ...
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Mobile News
Noon News: Samsung Galaxy S3 Picture Leak, 4G Roll-out Controversy in UK ...
The operator has set up a non-profit organisation, to campaign for a speedier deployment of the next-generation mobile broadband. While that certainly seems like a laudable goal on the face of it, Everything Everywhere (EE) does have something to gain ...
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KOBIL Announces Breakthrough Payment Technology at Payments 2012 Conference
MarketWatch (press release)
SAN FRANCISCO, CA and BALTIMORE, MD, Apr 30, 2012 (MARKETWIRE via COMTEX) -- KOBIL Technologies, Inc. today announced breakthrough payments solutions technology at the Payments 2012 Conference in Baltimore, MD. KOBIL will be exhibiting its technology ...
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Life begins at 4T (blog)
Meanwhile, credit card penetration is 98 per cent and mobile payment through premium SMS is thriving, particularly on the public transport network. A wider mobile wallet offering is the next evolutionary step in this advanced payment market, ...
See all stories on this topic » (blog)
A land of opportunity (blog)
Finance is one of the verticals most talked about of late, and then there is the mobile payments space, where there is so much opportunity and everything to play for. Against the background of this convergence, Jim O'Loughlin, VP sales of the ...
See all stories on this topic » (blog)
Industry trends & bidding strategy highlighted at Kuala Lumpur Convention ...
"mobile apps, cloud computing, demand for greater bandwidth, social media, Near Field Communication or NFC and 'Freeconomics' are some of the technology trends that are truly impacting the global meetings industry. These trends are being seen at ...
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