Samsung is building its own NFC chips and is developing new products, NFC Rumors has learned. It seems like we head off for a few days and the NFC environment goes crazy. We came back to an inbox full of news and, of course, rumors from some of our best sources. We all know that Samsung is slinging NFC into most phones they release from here on out. It is a great win for NFC and a greater win for the consumer that one of the most powerful phone manufacturers is enabling its devices on mass for the consumer. However, what you may not have known, and what we didn’t know until recently, is that Samsung isn’t stopping its NFC tirade there. They are said to be implementing NFC in products that are not phones. From what we have been told, it sounds like NFC payments. Let us tell you why.
You may already know that Coca-Cola is already a sponsor of the London 2012 Olympic Games and you may already know that the city of London is making a concerted effort to go contactless with NFC payments running up to and during the games. It appears Coke wants in on some of the contactless action too and is reputedly speaking with Visa about how that can happen in the form of NFC vending machines.
Sanjay Guha, marketing and Olympics director, Coca-Cola Northwest Europe and Nordics (NWEN), said Coke was looking at an “execution” with Visa and the “opportunity to create cashless payments on vending machines” during the Olympics.
By the time we reach 2015, IEMR expects that there will be 893 million mobile payments users that will generate a staggering $945 Billion in transactions. Those mobile transactions will use NFC, SMS, WAP, and USSD according to the research firm. IEMR expects these transactions to be used to make purchases for merchandise, digital products, ticketing, mobile money transfers, bill payments, and prepaid top-ups.
We are seeing evidence of programs being brought to market for all of those transaction types. For the world to get to nearly $1 trillion in transactions, there will need to be mass adoption and industry stakeholders will have to stop battling for control.
iDTRONIC has released NFC stickers for mobile phones that work for multiple applications. NFC tags embedded in NFC stickers are becoming bigger business and the iDTRONIC NFC stickers are perfect for NFC payments, NFC ticketing, access control and loyalty programs, says the company. What makes the iDTRONIC NFC stickers interesting is that they can work on metal where traditional RFID tags cannot. Anyone with a mobile can place an iDTRONIC sticker on either a plastic or metal mobile phone to enable new services. “The iDTRONIC NFC Mobile Phone Sticker is corresponding to the ISOÂ 14443 and ISO 18092 NFC standard, which allow usage in innovative applications,” the company stated in its release.
The OS wars are heating up and NFC payments are another contentious issue that Samsung, LG and ZTE will discuss at this year’s Open Mobile Summit. With iOS 5 just launching without NFC and Microsoft gearing up to enter the market with Nokia and Android Ice Cream Sandwich due to make its debut this week, the OS wars are already proving to be just as competitive as the NFC mobile wallet market.
“Now in its 4th year, The Open Mobile Summit connects the heads of the mobile world with leaders from the Internet and media sectors” says Robin Batt, Founder and Executive Producer. “I’m excited that so many of the world’s leading device manufacturers are participating this year – both on stage and in the audience”
It’s been out a few weeks and Google has already started updating its Google Wallet app. The latest and greatest version brings some fixes and new features so you can better see what you are spending.
NFC is coming to MVNOs. Forum Mobile announced today that Forumtel, its US MVNO in the travel industry, has signed an exclusive worldwide distribution agreement with Taisys, who is a provider of SIM overlay technology and related applications. Utilizing the overlay SIM – the SIM5G, the new solution allows NFC related services and mobile banking. The overlay SIM connects to the mobile handset SIM and allows the provisioning of whole new range of applications and services without any installations, which the company says is simple and secure.
It turns out Canadians are still not convinced about using Google Wallet or NFC payments in general. In a poll conducted on behalf of ITBusiness.ca Canadians generally elicited a lukewarm response to using Google Wallet or other NFC payments services and showed a distinct interest in offers, coupons and discount codes. The poll questioned 1016 respondents and was conducted between September 23rd and September 25th.
Add another location where you can use Google Wallet. Peet’s Coffee & Tea announces that all of its stores will accept the MasterCard PayPass payments by the end of October. It has been a little slower than many folks had hoped for but Google Wallet is slowly gaining traction with merchants who are supporting its particular flavor of NFC payments.
Capgemini is presenting an NFC focused “What’s in Store for U.S. Chip-Enabled Payments: EMV and Mobile” webcast, including findings from their 2011 World Payments Report in a free webcast on October 17, 2011 at 1:00 pm EST. The webcast will utilize insideVirtual’s platform which hosts a integrated social media, education and a real-time interactive virtual trade-show community.
AuthenTec are all about security and they think fingerprint scanners are the way to go for NFC payment security. The company has already performed the first NFC payment that required biometric data and now they are adding DRM (digital rights management) and VPN security to their services.
At CTIA Enterprise & Applications 2011 exhibit and conference, the company intends to demonstrate its digital rights management (DRM) content protection for securely delivering high-value content to Apple and Android phones and tablets.
4G World is coming up fast now and the organizers have now confirmed that Osama Bedier will be delivering the keynote at its NFC Summit. Hot on the heels of Google Wallet officially launching, hackers enabling all Nexus S users to use Google Wallet and OfficeMax accepting Google Wallet.
“We are excited to welcome Osama Bedier as an executive keynote for our NFC Summit,” said Nick Holland, Yankee Group’s Senior Analyst and Program Director for the NFC Summit.
It is looking like NFC payments may finally be coming to Australia within a few months according to Visa today. Visa’s Country Manager, Vipin Kalra, told AustralianIT in an interview that handset makers and banks had reached a sufficient level of consensus to pave the way for NFC payments in Australia within a few months. What we found interesting about that statement was that MNOs weren’t included, which could show that the NFC payments ecosystem in Australia could look very different to the hierarchy we are seeing here in the United States or over in Europe.
I think we can all agree that today venumx over at XDA Developers gets the top person in NFC award after enabling Google Wallet in all Nexus S variants. Officially the only NFC phone that is capable of running Google Wallet is the Samsung Nexus S 4G on Sprint. All of the Google Nexus S variants have the necessary NFC chip and Secure Element, but because of Isis, Google hasn’t been able to provide the service on any other mobile network operator’s network.
Chileans could see the beginnings of a national roll out of NFC services that will include payments next year, Sang Park, Marketing Manager for Mobile Communications for LG Electronics, told BNamericas in an interview this last week.
According to Park, the roll out and adoption of NFC by carriers will very much depend on demand and how mobile network operators view the nascent technology. ”That trend is going to be more viable in the short term,” Park said. He went on to explain that healthcare and financial services had caught the attention of the Mobile World Congress in Barcelona earlier this year. We think the unbanked population of Chile could also make use of NFC technology, which also could benefit from remittance payments for workers abroad sending money home.