Alternet Systems announced the creation of a new initiative to provide an end to end solution within the mobile payment ecosystem, which will provide a fast and efficient go to market suite of services including card management, payment processing and advanced mobile financial services that connect a mobile wallet to traditional payment tools. End users…
Gemalto was selected by IDA as the trusted third party to deploy mobile NFC contactless services across Singapore. With this, it will develop and operate its Trusted Services Manager (TSM) solution to securely deploy and manage mobile NFC services such as payment, ticketing, loyalty and other wireless services like the smart poster which allows consumers to interact with advertisements. With Singapore’s three mobile operators all connected to this interoperable NFC infrastructure, banks, payment and service providers will be able to deploy innovative mobile NFC services to all mobile subscribers. This open yet secure platform will also encourage widespread participation by businesses and service providers from wide-ranging industries to join the ecosystem to offer more consumer services, including mobile coupons, mobile tickets and product information.
Ground Labs developer of security and auditing software solutions for the payment card industry, will be a sponsor of this year’s PCI SSC European Community Meeting. The PCI SSC Community Meetings provide an opportunity for industry stakeholders to learn from each other’s experience working with the PCI DSS. Participants also have opportunities to raise new ideas for future versions of the Standards and learn about best practices for protecting cardholder data as they interact with solution vendors and other service providers in the industry. Singapore-based Ground Labs is one of the international sponsors of the upcoming Community Meeting. The company’s flagship products, Card Recon and Enterprise Recon, perform cardholder data discovery to assist companies in identifying storage risks and help prevent security breaches that result in the theft of customers’ credit and debit card numbers.
VeriFone is set to supply 15,600 NFC/contactless payment solutions to the Singapore taxi fleet, which consists of 15,600 cabs and has a total fleet size of more than 45,600 vehicles. VeriFone’s “VX 820” with integrated contactless payment acceptance capability will interface with the in-vehicle Mobile Data Terminals (MDTs) in its entire fleet of taxis and was chosen based on its intuitive user interface for passengers and drivers, and its ability to provide integrated contactless solution in a small form factor coupled with the latest PCI PTS 3.0 security to future proof the investment. The “VX 820″ is the PIN acceptance solution in the new VX Evolution product family, offering optional integrated contactless and NFC capabilities but also leading features such as industry firsts – a 3.5” color touch screen, ARM 11 processor and 500 MB memory.
Datacard Group secure ID and card personalization solutions appointed several new positions in order to meet the continued international growth and success the company has seen. Rajiv Singh has been appointed as the managing director for its South Asia operations out of the Mumbai office and will have the responsibility to grow the business in that region. Monica Lim has been named director, financial instant issuance, Asia Pacific, where she will be responsible for expanding the instant issuance market with major regional banks in the Asia Pacific region. Henry Chun, the regional director for Korea, will also be expanding his portfolio to include the ASEAN & Taiwan region to continue to manage the Korea market as well as focus on further growing and developing the ASEAN & Taiwan regions.
PayPal and Asian carrier Singapore Airlines announced that customers in the US, Singapore and five other Asia Pacific countries and territories can now pay for their tickets via their PayPal account on singaporeair.com. Singapore Airlines customers may purchase tickets in as few as three clicks without having to retype their credit card or financial details. Apart from their PayPal account balance, users can pay for flights using credit or debit cards that are linked to their PayPal accounts. Users’ privacy and financial information will also be protected in the online transaction. Singapore Airlines will be able to provide customers with a better checkout experience with PayPal’s hassle-free and secure payment service. Furthermore, the airline will be better positioned to reach out to more travellers on PayPal’s worldwide network of 94 million active users.
Some 1, 000 DBS customers with StarHub mobile plans will be the first in Singapore to use the NFC Mobile Payment Solution trial service for everyday mobile payments, which is set to commence in December 2010 and will last for eight months. Organized by DBS Bank, EZ-Link, Gemalto, MasterCard and StarHub, the trial will add an “N-Flex” solution enabling to turn conventional handsets into NFC-enabled mobile phone without any change to the device. The “N-Flex” solution functions on SIM cards across multiple mobile handsets hence helping to accelerate the ubiquity of handsets supporting NFC. The solution is also the first-of-its-kind conforming to the Single Wire Protocol (SWP) as endorsed by the GSM Association (GSMA). The trial will involve a group of participants who will receive an electronic mailer from either StarHub or DBS Bank that contains instructions on how to register their participation online.
Visa has introduced its Prepaid card with general purpose payment, transit fare acceptance and event ticketing features. The Visa Prepaid card’s functions include the ability to make purchases at Visa merchants, and pay for trips on Singapore’s public transportation system. The cards will also be used as the means for entry to the Singapore 2010 Youth Olympic Games (YOG) closing ceremonies on August 26, and were used for admission to the opening ceremony on August 14. Visa Prepaid programs around the world can combine Visa acceptance with applications such as identification, building access, healthcare benefits, government disbursement, medical and school discounts, and money transfer, among others. Visa Prepaid cards can also be designed with multiple “purses” enabling funds from different sources on the same card.
NETS electronic payments provider has added more than 1,000 touch points for its “FlashPay” (NFP) card by extending the top up service across all MRT stations, bus interchanges and bank ATMs. With this, consumers can top up their NFP cards at all TransitLink Ticket Offices, TransitLink Add Value Machines, SMRT Passenger Service Centres (excluding Circle Line), 7-Eleven, Cheers and SPH Buzz stores, iNETS kiosks as well as all DBS, OCBC and UOB ATMs. Additionally, customers can win over S$100,000 worth of free rides as part of the NETS “Win Free Rides'” campaign when they use their NETS FlashPay Card on the MRT/LRT, public buses, at all 7,000 NETS FlashPay retail acceptance points islandwide and when they top up their cards.
JCB International and DBS Bank have signed an
agreement for merchant acquiring services of JCB cards in Hong Kong and
Macau, and that DBS has started to facilitate JCB card acceptance in its
merchant network. The partnership with DBS further expands the JCBI merchant network in
Hong Kong and Macau, allowing JCB cardmembers to enjoy a wider card
acceptance in these two important markets. Through the agreement, DBS
also benefits from giving its merchants access to card transactions
generated by JCB’s over 60 million cardmember base, mainly in Asia.
DBS is a well-capitalised bank with “AA-” and “Aa1” credit ratings that are among
the highest in the Asia-Pacific region. As a bank that specialises in
Asia, DBS leverages its deep understanding of the region, local culture
and insights to serve and build lasting relationships with its clients.
DBS provides the full range of services in corporate, SME, consumer and
wholesale banking activities across Asia and the Middle East.
JCB is a major global payment brand and leading credit card issuer and
acquirer in Japan. JCB launched its card business in Japan in 1961 and
began expanding overseas in 1981. Its acceptance network includes 13.26
million merchants and over a million cash advance locations in 190
countries and territories.
NFC communication product provider ViVOtech’s loyalty, coupon, and prepaid software platform, and its ViVOpay 8000 series consumer payment devices will support Taggo’s membership card aggregator and storefront service. Taggo VARs can now use ViVOtech products to create new mobile marketing services for retailers. Customers join programs through Taggo’s SMS and web storefront, using a patent-pending one-step enrollment process that eliminates the need for membership forms. Taggo is marketed to retailers and other organizations through Value Added Resellers (VARs) that are leading providers of loyalty, membership, gift and prepaid card products and services. While providing a full control to consumers in making payments, ViVOpay 8000 products also feature built-in intelligent mLoyalty client software, enabling merchants to offer exciting new mobile marketing and loyalty programs to customers that have a Taggo account and a Taggo contactless sticker on their phone or in their wallet. All three of these products accept payments and loyalty information from mag-stripe and contactless cards, RF tags or stickers, as well as NFC-enabled mobile phones.
Smart payment and m-commerce solution provider CASSIS International Alliance Bank and Malaysia Berhad’s You:nique has received a special mention for product innovation at the recent IDC 2010 Financial Insights Innovation Awards. Malaysia’s first and only personalized picture credit card, the You:nique Picture Card is made possible through the use of CASSIS International’s trusted service management platform, which enables Alliance Bank customers to easily and conveniently design their own card face and customize their card benefits from a range of low interest rate, cash rebate and reward options.Customers can personalize the face of their You:nique Picture Card using images from the bank’s picture library or they can upload their own favorites, and they can personalize their credit card features by selecting a monthly rebate, a low-rate finance charge or a reward program. When the personalized image is accepted, the customer receives an SMS notification with a unique reference ID for confirmation. In addition, cardholders can change their card face picture as many times as they like after the card has been issued.