Near-Field Communication (NFC)

• On Track Innovations Ltd. launched its “My Chip Buddy” marketing effort to support the company’s newly introduced PayEnable platform, which allows manufacturers and designers to build payments capability into their products using near-field communication (NFC) technology. • Grocer The Kroger Co. says chargebacks related to its EMV rollout contributed …

While the mobile wallets launched by corporate giants Apple Inc., Alphabet Inc.’s Google unit, and Samsung Electronics Co. Ltd. have sparked a good deal of publicity, not much is known about actual adoption and usage so far, since the companies have been characteristically tightlipped. But that doesn’t mean researchers who …

The role of EMV in pushing tap-and-pay solutions is well known, but research released on Tuesday indicates the brand value of Apple Inc. and Samsung Electronics Co. Ltd. can’t be underestimated. At the same time, a cloud-based technology called host card emulation is also playing a role in spreading contactless …

The first chapter in the U.S. conversion to the EMV chip card standard is not even complete, but a leading payment card manufacturer sees growing interest in the next chapter, one that could be centered on so-called dual-interface cards that enable contact and contactless transactions. The vast majority of U.S. …

Ever since MasterCard Inc. introduced its tokenization platform nearly 18 months ago, no third party has been allowed to offer the product, called the MasterCard Digital Enablement Service. That changed Tuesday with the company’s announcement that Giesecke & Devrient is connecting its Convego CloudPay platform to MDES and will be …

Payments made via so-called wearables are forecast to soar in the years to come, so Visa Inc. and MasterCard Inc. are positioning themselves to cash in with announcements made Monday at the huge Mobile World Congress in Barcelona, Spain. MasterCard unveiled a partnership with WiseKey, a Swiss company whose security …

How many point-of-sale terminals have to be enabled for near-field communication (NFC) before the technology becomes a must-have experience for consumers in stores? In the U.S., at least, the answer is 35% of the installed base, according to Osama Bedier, president of Poynt Co., a Palo Alto, Calif.-based startup that …

A new study of smart-phone users shows awareness and usage of Apple Pay is slightly down from last spring, providing yet more evidence that the much-touted mobile-payments service from Apple Inc. hasn’t set the world on fire. On the plus side, the December survey of 1,279 consumers for First Annapolis …

Samsung Pay, the mobile wallet that uses near-field communication (NFC) and magnetic secure transmission (MST) technology, is developing a set of simple tools merchants can use to create offers and manage loyalty programs. The tools should be available this year. That’s the word from Will Graylin, global co-general manager of …

The crucial role in-app payment plays in mobile-wallet usage emerged in high relief Monday in a report showing that almost one-third of all Apple Pay credit card transactions made in the last five months by surveyed consumers occurred within a merchant app rather than in a store. Over the same …