New Mobile Payment System Coming From Retailers
A new mobile phone payment system - to compete with Google Wallet and ISIS - is being built by a group of retailers that inclues Target and Wal-Mart. The group also includes drugstores, vending companies and fast-food restaurants. It's not clear if the system would use NFC, and if so, whether carriers and/or Google would permit the system to run on their NFC phones. The secure chips on most NFC phones can support multiple payment systems, but only if the primary issuing company permits it.
Target Adds Mobile Payment Feature to its App
Target today made it possible for people to make in-store payments with their smartphones through the Target mobile app. Similar to Walmart’s offering, shoppers can link their debit cart to the new Wallet function within the Target app.
Google Launching Android Pay Today
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.
Microsoft May Give Windows 10 Mobile Payments
Microsoft is weighing what to do with the mobile wallet app that's part of the Windows 10 Mobile platform. The operating system already has a basic wallet app (since Windows Phone 8) for storing credit card and loyalty card data, but it stops short of making mobile payments.
MTA Approves $573M for Contactless Fare System
New York City's Metropolitan Transit Authority plans to do away with the aging MetroCard fare system in favor of one that supports contactless payments, reports the New York Times. The agency has approved a $573 million contract to update the system's turnstiles with new wireless readers that can accept smartphones and certain types of credit/debit cards.
NFC Forum Approves New Security Specification
The NFC Forum today approved the Signature Record Type Definition (RTD) 2.0 technical specification, which will help authenticate the data stored on NFC tags. According to the NFC Forum, Signature RTD 2.0 lets developers verify the integrity of data within NFC Data Exchange Format messages, which is the core of how NFC tags and devices communicate with one another.
The Mobile Payment Wars
I'd prefer this
My cellphone carrier should be providing me with cellphone service, not making it easier to use my credit card.
if that's the case, the Post Office should be sending your messages. we wont have s...