The application is calling for the European Union’s (EU) antitrust regulators to take action. Norwegian mobile payment app company Vipps has called for European Union (EU) antitrust regulators to require Apple to permit access to its tap-and-go functionality without any restrictions, said Rune Gaborg, the company’s CEO. The goal is to make it possible for other companies to be more competitive in the digital transaction space. Gaborg made his comments seeking action from the EU’s antitrust regulators against the iPhone maker the day after Apple made its latest effort to…
Read MoreCategory: Near Field Communications
NFC technology has turned mobile on to its ear with cool innovative ways that retail, transportation, and many other business models are implementing to help make consumers lives just a little easier.
Contactless mobile payments collaboration forms between CTBC Bank and Soft Space
The partnership will work as a system used by Taiwanese taxis to make it easier to charge fares. CTBC Bank, based in Taiwan, has entered into a partnership with Soft Space, a fintech from Malaysia, to launch a contactless mobile payments system to be used by cab drivers to collect taxi fares. The system will allow customers with Android smartphones and NFC technology to tap to pay. The contactless mobile payments system will be powered by Soft Space so that Android phone users can pay for their cab rides using…
Read MoreNFC technology experiences considerable surge in global use
A recent survey shows that consumers have a greater awareness of the tech and are satisfied by it. A new study conducted by ABI Research has shown that consumers are considerably more familiar with NFC technology, and they are more satisfied with it as well. Over eight out of every ten consumers have used a contactless card or mobile payment wallet. According to the research, more than 85 percent of consumers have used NFC technology in the form of a “contactless card or mobile payment wallet.” Moreover, they have increased…
Read MoreInfineon combines near field communication and system-on-chip for keyless lock
The NFC technology and SoC have been paired in what the company is calling a first ever tech. Semiconductor manufacturing company Infineon has unveiled a new keyless lock device that works on near field communication (NFC) and system-on-chip (SoC) technology. The combination makes it possible to unlock padlocks, doors and other locks with mobile phones. According to the company, the future of building security might involve removing keys from the mix altogether. It has developed a security solution that requires neither keys nor batteries to make it possible to lock…
Read MoreMobile Tap to Pay trend picks up speed among US retailers
Shoppers have started to see the appeal of using their smartphones to pay for purchases in-store. Compared to many other countries worldwide, the US has been slow to adopt mobile payments, but Tap to Pay technology has started catching on among American shoppers. Adyen, one of the largest US payment services providers is now supporting this tech for retailers. Adyen has now officially launched support for Tap to Pay in its merchant networks and retailers. This has opened the door to allowing people using iPhone XS or newer, as well…
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