NFC, business opportunities, security and privacy issues

Web 3 new results for NFC Mobile Payment

Paypoint plc : PAYBYPHONE ADDS NFC TO MOBILE PAYMENTS ... PayByPhone adds NFC to mobile payments for Ottawa's parking spaces Ottawa becomes the first Canadian city to incorporate Near Field Communications. www.4-traders.com/.../Paypoint-plc-PAYBYPHONE-ADDS-N...

NFC, business opportunities, security and privacy issues | Security ... The NFC technology is widely used in many areas and the main applications that can benefit from its introduction are: Payment via mobile devices such as ... securityaffairs.co/.../nfc-business-opportunities-security-and-pr...

Search Engine Marketing Secrets - Visa confirms mobile payments ... If the trial is a success then it could be a major PR coup for Visa and Samsung as they seek to promote the use of NFC mobile payments. In March we reported ... seo.daedalusautomotive.com/.../visa-confirms-mobile-payment...

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Samsung Galaxy S III Olympic Smartphone Looks to Ignite NFC Interest

News 1 new result for "Near Field Communications"

Samsung Galaxy S III Olympic Smartphone Looks to Ignite NFC Interest eWeek Despite the inclusion of Near-Field Communications (NFC) technology in a number of handsets, and backing from dozens of major retailers, as well as credit card companies, wireless carriers and mobile phone makers, the technology has yet to find much ... See all stories on this topic »

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CTIA 2012 recap

News 4 new results for NFC Mobile Payment

MasterCard Rolls Out PayPass Wallet Zacks.com For instance, the latest technology that functions on near field communication (NFC) process. The consumers can now make secure payments and transfer funds through the NFC-enabled smartphones. Going forward, the company should be able to enhance its ... See all stories on this topic »

CTIA 2012 recap Android Central We also saw MasterCard trying to get into the mobile payment game, with NFC and one-click Internet shopping. We hope they meet with success, but we hope even more that all the various players can get together and give us an NFC wallet solution that ... See all stories on this topic »

RewardLoop Raises $1M In Series A Round For Mobile Loyalty Programs Auctionbytes (press release) The company has built a future-proof offering with support for Near Field Communications (NFC) peripherals, the standard powering the next generation of mobile payments. "When we started RewardLoop, it was clear that mobile represented a powerful way ... See all stories on this topic »

Sony Xperia sola Android phone (preview) PC World Magazine This claims to offer higher sensitivity and less image noise in low light areas than traditional mobile phone cameras. Unfortunately, the Xperia sola doesn't have a front facing camera for video calling. The Sony Xperia sola includes an NFC (Near Field ... See all stories on this topic »

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Flint Launches image-Based Mobile Payment App, Raises $3M Series A

News 3 new results for NFC Mobile Payment

AuthenTec Introduces New Fingerprint Sensor Targeted For Secure Mobile Payment ... TheStreet.com (press release) Optimized for NFC based smart phone architectures, the AES2750 can interact directly with payment applications within the secure element and provide direct NFC radio control based on positive authentication of the user. "AuthenTec's AES2750 provides ... See all stories on this topic »

Fight against online fraudsters intensifies Irish Times Pascal Burg, a director with financial strategy consultants Edgar, Dunn Company, feels that in the long-term mobile-based payments may, in fact, be safer. Burg presented a study on payment trends in which he told how near field communication (NFC) ... See all stories on this topic » Irish Times

Flint Launches image-Based Mobile Payment App, Raises $3M Series A BetaKit The race to find the mobile payments solution that works best for every type of business is on, and San Francisco-based Flint Mobile thinks it has the ideal offering for small businesses who operate mostly on the go. Flint's new app for iPhone debuts ... See all stories on this topic » BetaKit

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Neustar Expands Into LBS

News               2 new results for "Near Field Communications"

Neustar Expands Into LBS Wireless Week The phone can then use Near Field Communications or a bar code to make a purchase. Location is inherent in the network information but Foster said the ability to refine the user information with demographic profiles like household income and age make ... See all stories on this topic »

Remote display technology lets users fully experience cloud content EDN.com Any of several wireless technologies like Near Field Communications (NFC), Wi-Fi or one of the new variants of Wi-Fi, such as Wi-Fi Direct, could be implemented at the transport/physical layer in this stack, but what will be essential to widespread ... See all stories on this topic » EDN.com

Samsung Olympic phone features NFC, mobile payments

News                         1 new result for NFC Mobile Payment

Samsung Olympic phone features NFC, mobile payments Mobile Payments Today The new phone is NFC-ready and enabled with Visa's mobile payment application, Visa payWave. All Samsung- and Visa-sponsored athletes at the London games will receive one of the devices so they can make mobile payments throughout London. See all stories on this topic »

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Auckland Mobile Payment Pilot Harnesses NFC

Web 1 new result for NFC Mobile Payment

Auckland Mobile Payment Pilot Harnesses NFC PaymentsSource Article A mobile payment pilot launching this month in New Zealand will enable a small group of participants in Auckland to use NFC-equipped mobile handsets to pay ... www.paymentssource.com/.../auckland-mobile-payment-pilot-...

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Nellymoser Expands Beyond QR Codes with Biggest Ever Mobile Campaigns Using NFC

News 2 new results for NFC Mobile Payment

Nellymoser Expands Beyond QR Codes with Biggest Ever Mobile Campaigns Using ... Broadcast Newsroom First Major Print-to-Mobile Campaign with NFC (Near Field Communications): Wired Magazine selected Nellymoser to build the first major mobile-activated print campaign that used NFC. The Lexus advertisement for the new 2012 Lexus GS included an ... See all stories on this topic »

Samsung, HTC, Toshiba, LG Show Off Smartphones, Tablets, More at CTIA eWeek That has changed significantly over the past couple of years, with the rapid adoption of smartphones and tablets, and the billions of dollars wireless carriers like AT&T, Verizon Wireless, Sprint and T-Mobile have spent to upgrade their network ... See all stories on this topic » eWeek

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It's Apple vs. Google vs. Everyone In The Mobile Payments War

ePaymentNews                 5 new results for NFC Mobile Payment

It's Apple vs. Google vs. Everyone In The Mobile Payments War Forbes In a prior post on the topic of mobile payments, I made the case that the mobile wallet will become the foundation of a new, disruptive "payment Operating System." The watershed moment will come when Apple includes Near Field Communication (NFC) ... See all stories on this topic »

MasterCard introduces PayPass Wallet Services NFCNews PayPass Acceptance Network allows merchants to accept electronic payments across multiple channels, including in-store NFC mobile payments or online payments using a computer, tablet or smart phone. PayPass Online also simplifies the check-out process ... See all stories on this topic »

The Money And The Numbers In Mobile MediaPost Communications To be sure, money is being spread around a range of areas that touch on mobile, including advertising, marketing, games, apps, coupons, and the acronym-challenged quartet of SMS, MMS, 2D and NFC. To say all research shows agreement on the state of any ... See all stories on this topic »

Nellymoser Expands Beyond QR Codes with Biggest Ever Mobile Campaigns Using ... PR Web (press release) 2012 is shaping up to be the year that next generation mobile technology such as NFC, augmented reality, and image recognition is being deployed on a large scale by major brands and publishers. Nellymoser, a Massachusetts-based mobile marketing and ... See all stories on this topic »

Sprint Launching HTC Evo 4G LTE Twice NFC is used in the phone's Android Beam feature, which lets users share web pages, apps and YouTube videos by tapping phones together. The phone also features Wi-Fi 802.11a/b/g/n, which enables 3G/4G mobile hot spot capability supporting up to eight ... See all stories on this topic »

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First Data Releases April 2012 SpendTrend®

May 09, 2012 07:00 AM Eastern Daylight Time 

April Sales Impacted by Tough Easter Comp, Earlier Start to Spring Spending Season

ATLANTA--(BUSINESS WIRE)--First Data Corporation, a global leader in electronic commerce and payment processing, today released its First Data SpendTrend^® analysis for the full month of April 2012 compared to April 2011. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations.

“April’s card spending was impacted by an earlier Easter, plus the unseasonably warm weather in February and March, which pulled forward seasonal demand”

Overall year-over-year dollar volume growth was 5.7% in April, down from March’s 8.7% growth. Transaction growth slowed to 5.8% in April, down from 9.3% in March. Despite the slowdown in overall year-over-year dollar volume and transaction growth, discretionary spending was healthy in April.

“April’s card spending was impacted by an earlier Easter, plus the unseasonably warm weather in February and March, which pulled forward seasonal demand,” said Silvio Tavares, SVP and division manager of First Data Global Information and Analytics Solutions, which publishes SpendTrend.

PIN debit remained the leading payment type among consumers, although its upward growth trend moderated in April. PIN debit dollar volume growth was up 7.4% in April, while PIN debit transaction growth increased 7.5%.

April Dollar Volume Growth	CHANGE
Credit	+5.8%
Signature Debit	+3.9%
PIN Debit	+7.4%
Check	-6.7%
Note: All transactions are same-store growth.

For more information on First Data SpendTrend, visit www.firstdata.com/infoanalytics or call SpendTrend Customer Care at 800-430-0169. A supplementary podcast including further analysis of the SpendTrend April 2012 report is available here.

To participate in the SpendTrend conversation, please follow First Data at http://twitter.com/spendtrend and join us athttp://facebook.com/spendtrend.

Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.

First Data SpendTrend, a macro-economic indicator, is based on aggregate same-store sales activity in the First Data Point of Sale Network. First Data SpendTrend does not represent First Data’s financial performance.

WorldPay: Alternative Payments to rise exponentially by 2015

May 09, 2012 09:30 AM Eastern Daylight Time 

Technology, a new generation of shoppers and developing online economies driving the demand for alternative payments

SAN FRANCISCO--(BUSINESS WIRE)--WorldPay, the global leader in payment processing, risk and alternative payments has today launched Optimizing your Alternative Payments, an in-depth global whitepaper and interactive heatmap of the alternative payments landscape, and the varying cultural preferences of payment types by geography.

The alternative payments (AP) market is growing at a phenomenal rate. Today, it accounts for €165 billion of global eCommerce transactions around the world – 22% of the total transactional value. It is estimated that there are currently over 230 AP schemes operating globally including: real-time bank transfer, offline credit transfer, direct debits, eWallets, paper-based payments and mobile payments.

The AP market is expected to grow 13% by 2015 and within eCommerce, spend via alternative payments will outstrip that of card payment schemes. Growth rates of payment types vary; for example, eWallets currently lead the way with 36% of the market and this is expected to rise to 43%. Real-time bank transfers only make-up 12% of the AP types today but this figure is expected to rise to 20% in the next three years.

In the US, card payments dominate (17%). It is only due to the scale of the eCommerce market in the US, that AP transactions comprise €46.6 billion of online spend. In other regions APs have a stronger share of the payments market.

Key regional findings from Optimizing your Alternative payments whitepaper:

• Germany – Germany is a leading AP market globally. Currently 66% of eCommerce purchases (€45 billion) are made via alternative payment types. Online credit card penetration is low whilst managed offline credit transfers are popular. Elektronisches Lastschrift Verfahren (ELV), a form of direct debit payment, makes up a huge 28% of the market
• India – Internet bank payments are the preferred choice when paying online. Prepaid cards and cash payments are also popular but mobile payments are gaining prominence due to the large number of mobile phone users in this region
• China – Alipay dominates in China with 60% of the market share. Cash on delivery is also a popular form of payment (20%). China UnionPay credit cards are also important for retailers entering the Chinese market. As a card scheme, it is already bigger than MasterCard and forecast to be bigger than Visa this time next year
• Austria – Mobile payments are popular with Paybox supporting over five million users
• Netherlands – Whilst the eCommerce market is relatively underdeveloped, two thirds of payments are made using alternatives (66%) – the vast majority using iDEAL, a native real-time bank transfer

Phil McGriskin, Chief Product Officer, WorldPay, comments: “Cultural payment preferences have always existed but until fairly recently, online purchasing options were dominated by global card schemes. With the advances in technology, a new generation of shoppers and developing online economies, alternative payments are growing in popularity. This presents an opportunity in the eCommerce space for merchants to gain a competitive advantage by offering customers the option to pay using their preferred payment type. Merchants need to identify where their target customers are located and offer the relevant payment options to cater to cultural preferences. This will ultimately drive revenue for merchants, especially in new and developing economies.”

The fraud risk of AP to date is typically lower, although not zero. However, significant attacks on banks and eWallets have taken place and different threats exist by payment type. The relative lack of data within AP compared to card payment schemes can also make it more difficult to identify, track and defend against fraud.

McGriskin concludes: “Whilst fraud risks may appear lower amongst alternative payment types, as they increase in popularity, fraudsters will look at ways to exploit these channels. Merchants need to understand the different risks each payment type is vulnerable to. The ability to set different fraud rules dependent on payment type should therefore be a priority, and it’s important that merchants engage a payment processor who understands the AP market and is able to advise them on the most appropriate strategy.”

As part of WorldPay’s aim to become the largest provider of APs globally, they acquired Envoy Services, a global payment service that offers single point access to popular local payment and collection services worldwide. WorldPay has now fully integrated Envoy Services’ capabilities into its offering, giving their customers access to over 200 local payment methods. This is more than any other provider in the market can offer, and new methods are being added rapidly.

Reflecting this achievement, WorldPay was recently voted as the 'Best Alternative Payments Program' at the prestigious 2012 Card & Payments Awards.

The judges awarded the title to WorldPay for the work it has undertaken to make alternative payment services accessible to businesses globally.

-Ends-

To download a copy of the whitepaper or to view the interactive heatmap visit: www.worldpay.com/altpayments

Methodology

Optimizing your Alternative Payments: A Global View and the interactive heatmap was commissioned by WorldPay and created by Loudhouse in March 2012. The data was collected via online research amongst 1,820 merchants operating online in the USA, UK, Australia, Canada, France and Germany. In-depth interviews were also conducted with 40 global merchants and 10 payment expert. The data is supplemented by a wealth of WorldPay’s own transactional data globally and secondary sources (refer to the full whitepaper for details).

About WorldPay

WorldPay is a leading global provider of payment and risk services, processing millions of transactions every day. WorldPay is a unification of seven leading retail payment solutions and offers a range of services including acquiring, gateway, alternative payments, risk management, and mobile payments. WorldPay became an independent company in December 2010. www.worldpay.com

Samsung and Visa Showcase Mobile Payments at the London 2012 Olympics

PRESS RELEASE

May 9, 2012, 2:00 a.m. EDT

NFC technology takes a leap forward in the form of the Samsung GALAXY S III with Visa mobile contactless payments

LONDON & SEOUL & NEW ORLEANS, May 09, 2012 (BUSINESS WIRE) -- Samsung Electronics and Visa today announced that the Samsung GALAXY S III, the latest in smartphone innovation, will be Samsung's Olympic Games Phone during the London 2012 Games.

A limited edition showcase device enabled with Visa's mobile payment application, Visa payWave, will be available for Samsung and Visa sponsored athletes and trialists, making it possible to buy merchandise with a wave of the device at thousands of retail locations throughout London.

Samsung's Olympic Games phone for the London 2012 Games, comes equipped with Near Field Communication (NFC) payment capability and is the next step in the partnership between the two global Olympic Games sponsors as they work together to drive the availability of commercial mobile payments around the world.

"Mobile payment services enabled by NFC technology are gaining momentum around the world. The Samsung GALAXY S III has been created with our human needs and capabilities in mind and is the ideal device to showcase the ease and convenience of Visa's mobile payment application at the London 2012 Olympic Games," said DJ Lee, Executive Vice President and Head of Sales and Marketing team of Samsung's Mobile Communications Business.

By the time of the Olympic Games there will be more than 140,000 contactless terminals around the UK. From the moment visitors land at Heathrow they will be immersed in a contactless payment experience with everything from taxis, to retail outlets, to the Olympic Park itself.

Sandra Alzetta, Senior Vice President of Mobile at Visa Europe says: "Mobile technology has long been a revolutionary force in our lives and NFC-enabled devices such as the Galaxy S III will fundamentally change the way we pay. The future is mobile and cash usage will only continue to decline as people use their mobile devices to manage their money, shop and pay. This summer our partnership with Samsung will showcase all the advantages of the future of payments: security, convenience, speed and flexibility being forefront among them."

"The GALAXY S III with NFC technology is part of an evolution that will entirely change the way people shop, pay and get paid all over the world," said Bill Gajda, Global Head of Mobile Products at Visa Inc. "This summer we will be demonstrating the future of payments in London -- a future where most consumers will rely on mobile devices, tablets and PCs to manage their daily financial lives. Our relationship with Samsung gets us closer to that vision, with a stunning new device that is sure to turn heads at the London 2012 Games."

The showcase device is supported and enabled by London 2012 Games partner Lloyds TSB in the UK.

Mike Regnier, Personal Current Accounts & Credit Cards Director, Lloyds TSB, says: "Mobile payments are set to transform the payment process around the world, and will revolutionise the way people pay in the run up to, during, and beyond the London 2012 Games. We are delighted to be working with Visa to showcase the flexibility and convenience of this new technology at the world's biggest sporting event, and excited to see the Samsung Galaxy S III in action."

Visa payWave for mobile allows users to simply select the Visa icon on their mobile device and hold the phone to a contactless payment terminal to pay. Purchases above GBP 20 require a passcode. The application also allows customers to check their transaction history and view their account balance.

Introducing Samsung GALAXY S III to provide a life extraordinary

Designed for natural, intuitive use, the GALAXY S III is a phone that recognizes, understands, responds, and lets you share a moment instantly and easily. An evolution of the GALAXY S brand, the GALAXY S III is a sleek, smart, and simple phone that offers advanced software and technology, with greatly enhanced usability and practicality to make life easier.

The GALAXY S III is packed with an array of intelligent, interactive new technologies that responds interactively to the human face, gestures and voice. Using its motion detection software, the phone allows the user to place a call by simply bringing the phone to their ear. Equipped with S Voice, the phone also offers the most advanced natural language voice recognition software.

Stylish, comfortable and elegant, the Samsung GALAXY S III transforms how users experience and share content. It can beam multimedia to other GALAXY S III phones with a single tap or touch; or mirror it directly to a TV or PC screen so that everyone can share in the fun. It's Pop up play feature brings video multi-tasking to a mobile phone for the first time. Whatever you are doing or sharing, however you are communicating, the GALAXY S III makes it effortless and natural.

How NFC is Transforming Mobile Phones into Payment Devices

NFC technology has been adopted by payment networks, banks, merchants, mobile device manufacturers and mobile network operators as the global standard for mobile payments.

NFC is already becoming the norm: Berg Insight reports that annual global sales of NFC-equipped handsets has increased ten-fold to 30 million devices in 2011 and is forecasted to reach 700 million units by 2016. In addition, an estimated 20 countries are expected to launch NFC services in the next 18 months, resulting in transactions approaching $50 billion worldwide by 2014, according to Juniper Research.

Samsung, the Worldwide Olympic Partner for Wireless Communications Equipment, and Visa, the Worldwide Olympic Partner and exclusive payment services sponsor, will be demonstrating this new payment innovation with the GALAXY S III in the Olympic Village and throughout London for the duration of the Olympic and Paralympic Games.

MasterCard launches a Mobile Payment digital wallet

News 3 new results for "Near Field Communications"

RIM Announces Approval of BlackBerry 7 Smartphones for U.S. Department of ... MarketWatch (press release) ... to experience an even greater level of performance on new smartphones that include features such as voice activated universal search, Near Field Communications, Augmented Reality, and Social Feeds 2.0 just to name a few," said Scott Totzke, SVP, ... See all stories on this topic »

Samsung partners Visa for limited-edition Galaxy S III CNET Samsung, a sponsor of the London Olympics, is working with Visa (another Olympics partner) to release limited-edition showcase devices that come equipped with near-field communications (NFC). These handsets will be capable of making Visa payWave ... See all stories on this topic » CNET

MasterCard launches a digital wallet InternetRetailer.com In stores, consumers who sign up for the service can pay at checkout using PayPass Contactless, which will use NFC, or Near Field Communications, technology. NFC is a wireless technology that enables two-way communication between devices, ... See all stories on this topic »

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Who will win the mobile payment wars?

Blogs 9 new results for NFC Mobile Payment

NPD Group Blog » MasterCard Launches its Own Mobile Wallet ... By Linda Barrabee, Research Director, NPD Connected Intelligence 1) PayPass Acceptance Network, including PayPass Online and PayPass Contactless, which looks to help merchants drive a consistent payments experience in mobile (NFC) and online and across devices (computer, tablet and smartphone). NPD Group Blog

Samsung Galaxy SIII named official handset for 2012 ... - Mobile News By Michael Garwood Samsung, in partnership with Visa, will launch a limited edition version of the device which includes the Visa payWave application to allow NFC payments. Visa payWave for mobile allows users to select the Visa icon on their mobile device ... Mobile News Online

Who will win the mobile payment wars? | memeburn By Graeme Lipschitz: Columnist All of the tech talk around mobile payments has been about NFC or Near Field Communication technology which is a set of standards used by smartphones to communicate when they're within a certain proximity (usually centimetres) of one ... memeburn

MasterCard's digital wallet a nod to how mobile is driving ... By Chantal Tode Mastercard's digital wallet will enable mobile payments via NFC. MasterCard is the latest company to throw its hat into the ring for digital payments with a new suite of services intended to simplify the use of making purchases on smartphones. Mobile Commerce Daily

Samsung Galaxy S3: The Official Olympic phone - Recombu By Alex Todd "Mobile technology has long been a revolutionary force in our lives and NFC-enabled devices such as the Galaxy S III will fundamentally change the way we pay. The future is mobile and cash usage will only continue to decline as people use ... Recombu News Feed

Samsung Galaxy S3 declared as the official phone for the London ... By Tyler Lee Thanks to the phone's NFC technology, Samsung and Visa have also partnered up and will be bringing mobile payment services to various Olympic venues thanks to the Visa payWave app. Unfortunately it appears this service will be limited ... Ubergizmo

Eight Years? Google Will Still Bank on NFC | NFC Near Field ... By admin With the increasing use of NFC technology not just for payments but also for other stuff such as marketing, device pairing and sharing information, people will become more comfortable using NFC. Soon, they will learn to trust it and clamor for their favorite stores to have NFC as a payment option. ... On the other hand, Google's main competitor, ISIS, has three mobile carriers working behind it. But its NFC-based product is nowhere where Google Wallet is. The dominance of Google's ... NFC Near Field Communication...

Samsung Galaxy S III Olympic Phone To Ship With Visa PayWave ... By Steve McCaskill "Mobile payment services enabled by NFC technology are gaining momentum around the world," said DJ Lee, executive vice president and head of sales and marketing at Samsung Mobile. "The Samsung Galaxy S III has been created with ... TechWeekEurope UK

Olympics 2012 edition Samsung Galaxy S3 not for public » Phone ... By James Samsung Mobile Communications, head of sales and marketing, DJ Lee has said that the Samsung Galaxy S3 is the ideal handset to showcase the convenience and ease of the Visa payWave mobile payments app during the Olympics 2012 ... To use Visa payWave the user requires the Visa app on their smartphone and then holds the handset near an NFC enabled terminal, and apparently transactions above 20-quid, approximately $32, require a passcode to be put into the device ... Phones Review

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