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Friday, February 25, 2011

London transport networks to enable contactless payments for 2012

The Transport for London (TfL) network - which includes Bus, Tube, Docklands Light Railway, Tram and London Overground rail services - is upgrading its card readers this year to allow travel and payment using a contactless NFC bank card. Travellers currently need to buy tickets or use a pre-paid Oyster card.

Although the news doesn’t specifically involve mobile payments, it’s expected that any NFC mobile payment service would also be compatible.

The new system will be available on all of London’s 8,000 buses in time for the 2012 Olympic Games, with availability across the Tube, DLR, Tram and London Overground networks in place before the end of 2012.

Boris Johnson, the Mayor of London, said “It is tip top news that from next year a simple tap of a contactless bank card will be enough to whizz you from A to B in this great city. London leads the way in so many different fields and we will be the first in the world to allow the millions using our Tube, trams, buses and trains to benefit from the ease of using this technology.”

TfL is upgrading the software in the Oyster smartcard system to recognise contactless credit and debit cards issued by Visa, MasterCard and American Express in addition to Oyster cards. Aspects of the contactless payment system will be adapted to suit public transport; for example, customers will never be asked to enter a PIN at a busy station gate. No decision has yet been made by the Train Operating Companies that serve London and currently accept Oyster cards.

Over 12 million contactless debit and credit cards are already in circulation in the UK.

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Opinion Articles

We interview ipadio CEO Dr Mark K Smith about the company's growth

Mark Bridge writes:

Two years ago we talked to Mark Smith about a new company he’d just launched. It was called ipadio and it offered a straightforward proposition: you made a phone call and ipadio would turn it into a live online broadcast with a permanent online recording - either as a free service for consumers or as a premium service for businesses.

This week I caught up with Mark again and started our conversation by asking him what had changed.

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Last week at The Fonecast: 24th October 2011

Mark Bridge writes:

If there’s one theme that dominates the last seven days – and, let’s face it, I like to find a theme wherever possible – it’s new mobile devices.

We started the week with Apple having sold over four million units of the new iPhone 4S in the first three days since its launch. This was followed by Motorola Mobility reinvigorating its RAZR brand by applying it to a high-spec Android smartphone – which in turn was followed by Google and Samsung revealing the Galaxy Nexus.

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Technology makes cash transfers safer in Kenya

Cathy Majtenyi of voanews.com writes:

In the slums of Kenya's capital, residents and aid groups are using new technology to send and receive money.

Irene Okoth and her five children have been living on 50 cents a day in Nairobi's Korogocho settlement.  That is what she earns recycling garbage from the nearby dump.

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An introduction to mobile financial services with Gemalto

Mark Bridge writes:

Mobile banking. eBanking. Mobile money. m-payments. They’re all terms that are often thrown around interchangeably (and incorrectly) when talking about mobile financial services.

To help understand more about the difference facets of mobile commerce - from security concerns through to current implementation and future innovations - I headed for Gemalto’s recent Innovation Day at the Museum of London. I started by talking to Howard Berg, senior vice president at Gemalto, and admitted to him that I still thought of Gemalto as being a SIM card and smartcard manufacturer rather than the digital security company it’s become.

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The future for feature phones isn't as bleak as it first appears

Mark Bridge writes:

With Hallowe’en just around the corner, thoughts turn to the departed... and it would be easy to think that the market for feature phones is in the technological graveyard. After all, Sony Ericsson has recently said it’ll be dropping feature phones from its product range in 2012. But perhaps the battle of feature phone vs smartphone isn’t over yet.

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