Tag

NFC

Swatch Bellamy China US NFC mobile payment watch
Watches

Swatch Bellamy Capable Of NFC Payments Headed To US

Swatch Bellamy China US NFC mobile payment watch

Swatch had previously announced plans to release a watch with built in NFC based payment abilities. At the time though, the Swatch Bellamy was only destined for China. Thanks to a new partnership with Visa, the Swiss watchmaker revealed the new NFC capable watch would also launch in the US, Brazil, and Switzerland in early 2016. The device looks every bit like a traditional Swatch watch and is available in 4 styles. There is nothing high-tech looking about the Bellamy; the NFC chip and antenna are hidden under the watch face. The battery life is comparable to a normal Swatch since the company is using passive NFC technology. US prices still are not know, but I would expect them to be similar to the approximate $90 price tag in China.  

Continue reading
Adam Selman Mastercard Mobile Payment NFC Dress
Wearable Technology

Adam Selman Partners With MasterCard For Mobile Payment Clothing

Adam Selman Mastercard Mobile Payment NFC Dress

Fashion designer Adam Selman has partnered with MasterCard to explore integrating mobile payment enabled NFC chips into clothing. The credit card giant is on a quest to see what items in our daily life the technology can be integrated into and which make sense. Selman’s first dress to include MasterCard’s tech is a classic looking, 1970’s inspired, empire waist mini. The black bow at the bust conceals the NFC chip. Perhaps realizing that not everyone wants to thrust their chest at a payment terminal, Selman continued his exploration by designing sunglasses, gloves, a clutch, and earrings (again, not very convenient) all capable of mobile payments. The NFC chips found in the dress and accessories are controlled from your phone via Bluetooth and they are safe for dry cleaning. While negotiations are still underway, MasterCard expects Selman’s designs to hit the market in the 2nd half of 2016. In case you are not familiar with Adam Selman, he used to work with private clients such as Michael Jackson and Britney Spears to design stage costumes before launching his own fashion line. Inspired by easy to wear styles from the 70’s and 80’s, he is perhaps best known for collaborating on looks with Rihanna.

Choosing mobile payment technology as one of the first techs to incorporate into ready-to-wear clothing is a smart move. Certainly one of my favorite, and most used, aspects of the Apple Watch is being able to double tap a button and hold my wrist up to a payment terminal to buy things. It is incredibly fast and simple…virtually transparent. While fashion tech can be used to accomplish so many things, payments is a safe first step. It is something everyone can use and it doesn’t result in clothes that look like they are out of a futuristic graphic novel. As long as the technology doesn’t cause a large increase in the cost of clothing or accessories, including it might further spur the adaption of NFC mobile payments (which is a win for everybody). The only question now is what do we call fashion whose only tech feature is mobile payments?

Continue reading
Retail

Over 1 Million Charge Cards Connected To Apple Pay In First 72 Hours

Apple Pay Transaction

Last night Apple announced at a Wall Street Journal event that within the first 72 hours of Apple Pay being available over 1 Million charge cards have been connected to users’ devices. Apple CEO Time Cook stated that this is a larger number than all other contactless payment systems combined to date. Despite some launch issues including certain merchants / banks double charging the consumer by mistake and the blocking of NFC by select retailers, Apple Pay has been met with generally glowing reviews. Additionally, users reports indicate that Apple Pay works with a large number of merchants not officially connected to the service. Whichever flavor of mobile device you use, the success of Apple Pay is to everyone’s benefit. As more users want to make payments via NFC, the multi-platform technology will become more prevalent.

Continue reading
Retail

MCX Partners Begin Blocking NFC Payments Including Apple Pay

NFC Payment Terminal

Following the launch of one of the most publicized contactless payment systems to date, two major retailers have turned off their NFC payment terminals. Most CVS’s and Rite Aids have been able to accept NFC based payments for a while now. Users with Google Wallet or a NFC equipped credit/debit card have been able to checkout for sometime without any issue and Apple Pay users were initially able to utilize the service. Several days after the launch of Apple Pay though, CVS and Rite Aid have blocked all NFC payments. The reasoning seems to be the companies’ participation in Merchants Customer Exchange (MCX). MCX is a consortium of merchants who are currently developing their own payment system, called Current C. Current C utilizes a QR code to make payments and requires  

Continue reading
Retail

Nordstrom Rumored To Use New NFC Payment Technology

Near Field Communication TerminalIf the rumors are correct, tomorrow Apple will unveil NFC payments as part of the next version of the iPhone. Nordstrom has been rumored to be an early partner with Apple in regards to the payment system and to be ready to updated point-of-sale systems across their stores. With existing NFC payment systems, information is transmitted freely between the device and terminal. Apple reportedly is planning on utilizing a tokenization system it developed that allows for unique encryption of your sensitive information as it is transmitted between the device and terminal. The token changes for every transaction made. If true, this modification to NFC payments would provide significantly more security and help address fraud concerns.

Continue reading