Parseq Share Discussion Threads

[learntlesson] 20/5/2011 21:52

feeling flush...

[techair] 20/5/2011 21:03

....to say all that?

[techair] 20/5/2011 21:02

....take 3 posts.......

[techair] 20/5/2011 21:02

Does that.......

[learntlesson] 20/5/2011 20:35

So in many ways the ground has been laid out ahead ready for PSQ to take advantage. I have little doubt that this will be a widespread technology. It might not be everybody's cup of tea and there will be other ways to pay but Europe and Asia have gone some way to proving the potential.

[learntlesson] 20/5/2011 20:29

And:

Orange: Over Half of All New Smartphones Will Have NFC
"Orange expects that by the end of 2011 over half of all new smartphone models to be added to its range for Europe will be optimised for mobile contactless services," the operator said.

However, it's important to note that some of these phones are launching prior to the services' existence. Instead, says NFCTimes, the strategy is to put the phones and SIM cards into subscribers' pockets to encourage service providers to roll out NFC services.

[learntlesson] 20/5/2011 20:26

Well for starters, the Google Nexus S features an integrated NFC chip. Apple's next iPhone is widely expected to feature NFC technology as well.

[pal44] 20/5/2011 20:20

ok CC how many handsets does this technology work and which networks ?? I hear its just one so am waiting on the sidelines IMHO....

[chickenchowmein] 20/5/2011 18:57

I think this will be tipped big time, may take a week or two but this news will not go un - noticed . I like the fact that this is a clearly major contract and a bit of a game changer for psq, the development of this must be quiet advanced already if they are looking at a launch in 3-6 months.

Certainly will be an interesting year for this sector

[cheeky13] 20/5/2011 17:53

Bought in today, well see what the future holds for this company.

[doobster78] 20/5/2011 17:25

Thinkin there will be a lot of press about this over the weekend. Hoping for 10p + next week ... ot u reckon ?? possible ???

[chickenchowmein] 20/5/2011 16:47

The Market is not that silly, not even the AIM

[markt] 20/5/2011 16:35

bit dubious imho to spread the announcement of a new contract over 2 days....
....could be the start of a new trend !...sure has worked well....2 jumps of 30-50% whereas if it had just been 1 announcement then probably just 1 jump of 30-50%.

[chickenchowmein] 20/5/2011 16:11

I think I read somewhere that ie have vod as a client

[chickenchowmein] 20/5/2011 16:02

Barclaycard / Orange and O2 in the bag for the uk

Vod and t mobile must be working on this.

Then there is Europe.

[chickenchowmein] 20/5/2011 15:50

Sorry for these long posts, but it's all very relevant

O2 will be working with Wave Crest, FIS, Intelligent Environments and Visa Europe to get its O2 Money product into a mobile phone before the end of 2011.

The new best friends will provide the infrastructure, point of sale terminals and customer support for the phone-embedded service, which is due to launch later this year.


O2 will soon become an Authorised Electronic Money Institution (EMI) so won't need former partner NatWest, or any other bank, to back up its financial services. However, it will need the other partners to get those services dropped into a mobile telephone.

Intelligent Environments will be developing the wallet application; right now there are NFC handsets running Bada, Android and Symbian, so expect to see at least two of those supported.

Wave Crest will be running the payment service, while Visa Europe provides the point of sale infrastructure - so O2 Money should work wherever Visa is accepted, and an NFC terminal has been fitted.

FIS will manage the business-to-business payment processing, as it does for many other payment schemes.

Back in 2009 O2 hooked up with NatWest to launch a prepaid credit card, branded O2 Money, but the couple split a year later, citing different strategic goals. As an Authorised EMI O2 can do without NatWest, but it still needs partners to get proximity payments working - one never knows, perhaps Visa will invite O2 to join the Olympic party. ®

[chickenchowmein] 20/5/2011 15:32

Mobile money means business


This is probably the most significant week the UK has ever seen for mobile money. Two of the biggest operators in the country have announced mobile money implementations – Orange is going for a straightforward NFC-based payments model, whereas O2 looks like it wants the whole mobile banking hog.

What's the news?

There are two separate stories. Both O2 and Orange have both announced pretty ambitious services to help you pay on the go with your mobile phone. Since Orange's service is coming first, let's start with that:

Orange's Mobile Wallet

Orange has teamed up with BarclayCard to create payment service called Quick Tap. Now, this is a "retail payment" service, which means it is literally only to be used by consumers who are buying low-value goods in a retailer. At the moment, it only works on the Samsung Tocco – a mid-range, NFC-enabled device – but it will quickly be expanded to work on other NFC phones.

The way it works is that you download the Quick Tap app to your phone, and load money onto it from a Barclays debit card or an Orange credit card. Once the money is loaded onto your app's "account", you can use it to pay for goods in a store. You do this by simply tapping your phone against an NFC reader at the checkout – and Orange says that there are 50,000 of these readers around the country already. It only allows transactions of up to £15, and you have the option of requiring a PIN code entry every time you use it, so the security is pretty good.

In order to encourage people to use it, Barclaycard is giving any Orange customer who activates the app a free £10 to their account, along with a 10% cash back reward for every single purchase made in the first three months.

O2′s Mobile Banking Services

While both operators are creating "mobile wallet" applications, O2 is going about this in a remarkably different fashion to Orange. Orange has made a partnership with an existing financial services provider in order to get its service rolling. O2 is attempting to do it much more in-house than that – it is in the process of becoming an Authorised Electronic Money Institution, so it won't need a finance partner to back up those services for it.

Now, that's not to say it's doing this without partners. While O2 can do the mobile and finance parts itself, it still needs help for equipment, NFC enabling, transactions and developing the actual app. It's widely reported that O2 is working with Wave Crest, Intelligent Environments, Visa Europ and FIS to create the O2 Money application.

So, what will the O2 Money app actually do? Like Quick Tap, it will be an application that you can download onto your phone (which NFC devices it will support has yet to be announced). It's part of a major rehaul of the O2 Money service, which the company announced earlier this month. The O2 wallet should allow the same kind of retails payments that Orange enables, but also allows consumers to transfer money from their app to other people. There may be other capabilities announced in the months to come.

What we think?

It seems to me that coming to market first is a major advantage for Orange here. It really, really needs to capitalize on that advantage by launching for multiple new devices in the near future, though. The Tocco is a fine phone, but it's not exactly the most populous device out there. Orange needs to get a lot more UK residents using this service if it wants to make hay out of the several months it gets being the only game in town.

[chickenchowmein] 20/5/2011 15:22

This is no small contract. Looking forward to using it

[chickenchowmein] 20/5/2011 15:11

From the O2 trial, it was a long way off back then


O2 has announced the launch of the UKs first large scale pilot of NFC (Near Field Communications) technology on mobile phones. The trial, which will involve over 500 people invited from the O2
customer base, takes place across selected sites throughout London. It
begins on today, and runs for six months until the end of May
2008. The company says the trial of the O2 Wallet paves the way for the mass market use of mobile phones to pay for purchases, access events or even be used as Oyster cards for travel around London, simply by touching the phone to a reader.
Research shows that people are more likely to return home if they leave their phone behind than their wallet or keys, says Cath Keers, O2 UK Customer Director. So why not have your wallet on your phone? We believe that NFC technology is going to fundamentally change the way people use their mobile phones.
NFC is a contactless functionality, enabling a wide range of secure uses, including cashless payments, public transport and event ticketing, and smart posters. In order to make this as comprehensive a pilot as possible, O2 has brought together a broad range of partners, including Transport for London, TranSys, Barclaycard, Visa Europe, Nokia and AEG.
Each triallist will be given a Nokia 6131 NFC handset installed with the O2 Wallet. Just like a normal wallet, this will hold various everyday cards, including Oyster and Barclaycard, but in virtual form, and with NFC functionality. Trialists will be able to test a wide range of different services in London, such as making purchases in retail outlets and travelling on Londons public transport system. All participants will be asked to provide feedback on the services featured in the O2 Wallet, evaluating its ease of use, security and overall usefulness.
Accessed from the phones main menu, the O2 Wallet shows all the NFC services available on the handset in addition to information about each service and customer support.
All 500 triallists will have the Oyster card on their phone, enabling them to use their handset to pay for travel on the Tube, buses and trams across the Capital. They will also be able to top up their Oyster by touching their handset on Oyster ticket machines in tube stations or at Oyster ticket stops. If a triallists phone rings, they can still answer the call and continue to make a transaction. A call or text message will not interfere with the NFC service.
Triallists will also be able to touch the NFC-enabled handset on selected smart posters at the launch and at other locations over the course of the trial. The smart posters contain embedded tags which serve as shortcuts for services enabled through the handset. Once the user taps the poster with the handset, they will automatically dial a number, send a text message or be sent a shortcut to a mobile Internet site, with more information about the subject on the poster, such as an event or a content download.
The trial will also examine mobile payments, using the Barclaycard payment application in the O2 Wallet. A subset of triallists will be able to use the growing number of contactless payment readers at retailers in and around London to purchase goods for 10 or under. They will simply need to tap their phones on the secure reader, and transactions will be completed in a matter of seconds.
In the initial phase of the trial, Barclaycard will credit each phone with 200 worth of non-reloadable funds which triallists can use and spend as they see fit at any participating retailer. As well as making payments, they will also be able to use the phones to check available funds and to locate retailers close to them that accept contactless  payments, including Books Etc, Chop'd, Coffee Republic, EAT, Krispy Kreme, Threshers and YO! Sushi.
The partners are keen to extend the payment functionality delivered to triallists as part of the O2 Wallet, and are actively discussing the opportunities to develop the trial service further in 2008. Possible developments include PIN capability, purchases over the current 10 limit, and reloadable/credit funds capability.
AEG Europe, which operates The O2 venue, will also be looking into how the NFC handset can be used to enhance the customer experience at The O2. All triallists will be able to use their NFC handsets to gain entry into the blueroom the exclusive bar for O2 customers and guests at the venue. The experience will be managed by O2 Angels, whose own NFC handsets will display the name of the triallists, enabling a personalised greeting into the blueroom.
This trial is going to provide insights which will prove crucial to getting the customer experience right as we bring NFC on mobile to market. Says Keers. But the trial is just the start of this journey. For this to work, we will need the whole ecosystem to come together, which means mobile operators, banks and retailers all working together to fulfil a shared vision. If we get this right we can place the UK at the forefront of technology innovation.

[the heed] 20/5/2011 14:13

write ups in the shares magz saying it was one of their top tips for the year.

[chickenchowmein] 20/5/2011 13:53

What caused the spike to 10p?

Cheers