 RFID Contactless Payments
Transitioning to Open Contactless Payment Systems
Limited trials and initial deployments of contactless payment technology have already shown much of its potential for the key players in the transaction value chain. Contactless can bring benefits to card associations as they increase the reach of their products, to card issuers aiming to differentiate their products and services, to merchants who can speed up transaction times and transaction values, and to card holders and customers who no longer need cash on hand and can speed less time waiting to pay for goods. Despite these potential benefits, moving the capabilities of open system contactless payments into the mainstream depends on a buy-in from all parties. Given the regional, and often national, differences in existing payment systems, contactless’s adoption across borders is likely to be uneven for some time.
This study sets out the environment in which contactless payments are being accessed around the world, and the technical and business challenges that have to be faced in the wider adoption of the technology. It explains how, why, and where contactless payments will be adopted around the world.
What Does This Report Answer?
- What market trends drive contactless payment adoption across retail environments?
- How does contactless payment impact card associations, issuers, merchants and consumers?
- How large is the contactless payment market opportunity?
- How do contactless payments change the transaction value chain?
- How do merchant environments and use case scenarios influence contactless deployment and investment?
- How will existing contactless payment networks such as transportation ticketing transition to new open contactless payment models?
- What business opportunities do contactless payment applications address?
- What is driving contactless payment investment within national and regional markets?
- What companies are committing to contactless payments and how are they positioned to benefit from acceptance of the technology?
- Will contactless payment readers help provide key infrastructure to drive NFC acceptance?
Who Needs This Report?
- Low/fast transaction merchants
- Card associations
- Card issuers
- Contactless payments vendor
- IC vendors
- Payments software vendors
- Card manufacturers
Section 1.
EXECUTIVE SUMMARY
- 1.1 Contactless payment - regional differences dictate adoption rates.
- 1.1.1 The appeal to card issuers
- 1.1.1.1 Entry into low end payments
- 1.1.1.1.1 Brand extension
- 1.1.1.1.2 Increase card usage
- 1.1.1.1.3 Extending merchant base
- 1.1.1.1.4 Fast mover advantages
- 1.1.1.2 The appeal to merchants
- 1.1.1.2.1 Contactless ups transaction speeds
- 1.1.1.2.2 Adding value to loyalty cards
- 1.1.2 The appeal to consumers
- 1.1.2.1 Faster transactions
- 1.1.2.2 Convenience
- 1.1.2.3 Anonymous transactions
- 1.2 The war on cash
- 1.3 Contactless payment technologies
- 1.3.1 Memory cards
- 1.3.2 Microprocessor cards
- 1.3.3 Transportation – a key and early application
- 1.4 Card association common payment formats and standards fuel adoption
- 1.4.1 Branding remains separate
- 1.5 Global standards, regional market differences/challenges
- 1.5.1 North America
- 1.5.2 Europe
- 1.5.2.1 MasterCard PayPass in Europe
- 1.5.3 Asia
- 1.5.3.1 Japan
- 1.5.3.2 Malaysia
- 1.5.3.3 China
- 1.5.3.4 Taiwan
Section 2.
CHANGING THE CREDIT / DEBIT CARD VALUE CHAIN
- 2.1 Small payments/high fees
- 2.1.1 Current situation
- 2.1.2 Potential changes
- 2.2 Who owns the contactless value chain?
- 2.2.1 Proprietary/closed systems
- 2.2.2 Open systems
- 2.3 Contactless value chain models
- 2.3.1 Card associations
- 2.3.2 Card issuers
- 2.3.3 Communications carrier competition
- 2.4 Visa’s No Signature Required and MasterCard’s QuickPay Service scheme
- 2.4.1 The effect on contactless
- 2.5 Consumer perception and adoption of contactless
- 2.6 Acquiring banks
- 2.7 MSP/ISO’s
- 2.8 POS Terminals and Contactless readers
- 2.9 Retail locations opportunities
- 2.9.1 Coffee shops and convenience stores
- 2.9.2 Grocery stores
- 2.9.3 Fast food restaurants
- 2.9.4 Gas Stations
- 2.9.5 Sports Arenas
- 2.9.6 Movie Theatres
- 2.9.7 Transportation and parking
- 2.9.8 Pharmacies
- 2.9.9 Vending
- 2.9.10 Others
- 2.9.11 NFC and Mobile phone payments
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Section 3.
TECHNOLOGY ISSUES
- 3.1 RFID and Contactless Payments
- 3.1.1 RFID Overview
- 3.1.2 RFID Transponders
- 3.1.3 RFID Frequency Bands
- 3.1.4 Low Frequency
- 3.1.5 HF
- 3.2 Transponder components
- 3.2.1 Integrated Circuits
- 3.2.2 Antennas
- 3.3 Assembly Process
- 3.4 Transaction processing standards
- 3.4.1 Magnetic stripe
- 3.4.1.1 ISO7812
- 3.4.2 Contact Smart Cards
- 3.4.2.1 ISO7816
- 3.4.2.2 EMV
- 3.4.2.3 ISO8583
- 3.4.3 Contactless Chip card payment processing
- 3.4.3.1 ISO14443
- 3.4.3.2 ISO4443 Type A versus ISO4443 Type B
- 3.4.3.3 There is no ISO14443 Type C
- 3.4.4 ISO15693
- 3.4.5 Cryptography and Encryption
- 3.4.6 EMV and Contactless
- 3.4.7 Card manufacturering smart card vs. plastic cards
- 3.4.7.1 Cost
- 3.4.7.2 Form factor
- 3.4.7.3 Cards
- 3.4.7.4 Fobs
- 3.4.7.5 Bracelets/watches
Section 5.
COMPETITIVE LANDSCAPE
- 5.1 Contactless payment adoption
- 5.1.1 US – The calm after the storm,
- 5.1.2 Europe – mixed adoption rates some market are preparing to leap
- 5.1.3 Asia rapid adoption but what of global interoperability
- 5.1.4 RoW – Latin America looks to transportation; Canada to EMV
- 5.2 Transitioning contactless applications from closed to open loop
- 5.2.1 Transportation
- 5.2.2 Speedpass
Section 6.
KEY INDUSTRY PLAYERS
- 4.1 American Express Company
- 4.2 ASK
- 4.3 Atmel Corp
- 4.4 Dexit
- 4.5 Gemalto
- 4.6 Giesecke & Devrient GmbH
- 4.7 Gilbarco Veeder-Root
- 4.8 Hypercom Corporation
- 4.9 Infineon Technologies
- 4.10 Ingenico
- 4.11 Inside Contactless
- 4.12 MasterCard Worldwide
- 4.13 NXP
- 4.14 Oberthur Card Systems
- 4.15 On Track Innovations
- 4.16 Samsung Electronics
- 4.17 Sony Corp
- 4.18 STMicroelectronics
- 4.19 Texas Instruments Inc
- 4.20 VeriFone Holdings, Inc.
- 4.21 Visa International
- 4.22 ViVOTech
Section 7.
COMPANY LIST
ACRONYMS
SCOPE OF STUDY
SOURCES AND METHODOLOGY
NOTES
Tables and Charts
- Contactless Payment RFID Market World Market: 2005 to 2011
- Contactless Payment Transponder Shipments by Region
- Contactless Payment RFID Market World Market: 2005 to 2011
- Contactless Payment Transponder Shipments World Market: 2005 to 2011
- Contactless Payment Transponder Revenue World Market: 2005 to 2011
- Contactless Payment Transponder Shipments by Frequency World Market: 2005 to 2011
- Contactless Payment Transponder Revenue by Frequency World Market: 2005 to 2011
- Contactless Payment Transponder Shipments by Region World Market: 2005 to 2011
- Contactless Payment Transponder Revenue by Region World Market: 2005 to 2011
- Contactless Payment Reader Shipments World Market: 2005 to 2011
- Contactless Payment Reader Revenue World Market: 2005 to 2011
- Contactless Payment Reader Shipments by Frequency World Market: 2005 to 2011
- Contactless Payment Reader Revenue by Frequency World Market: 2005 to 2011
- Contactless Payment Reader Shipments by Region World Market: 2005 to 2011
- Contactless Payment Reader Revenue by Region World Market: 2005 to 2011
- Contactless Payment Reader Shipments by Form Factor World Market: 2005 to 2011
- Contactless Payment Reader Revenue by Form Factor World Market: 2005 to 2011
- Total NFC-Enabled Device Shipments World Market: 2005 to 2011
- NFC Chipset ASP World Market: 2005 to 2011
- Total NFC Chipset Revenue World Market: 2005 to 2011
- NFC Contactless Payment-Enabled Device Shipments World Market: 2005 to 2011
- NFC Service Discovery-Enabled Device Shipments World Market: 2005 to 2011
- NFC Pre-Paid / Top-Up-Enabled Device Shipments World Market: 2005 to 2011
- NFC Event Ticketing--Enabled Device Shipments World Market: 2005 to 2011
- NFC Transit-Enabled Device Shipments World Market: 2005 to 2011
- Contactless Payment Transponder Shipments by Environment World Market: 2005 to 2011
- Contactless Payment Transponder Revenue by Environment World Market: 2005 to 2011
- Contactless Payment Low Frequency Transponder Shipments by Environment World Market: 2005 to 2011
- Contactless Payment High Frequency Transponder Shipments by Environment World Market: 2005 to 2011
- Contactless Payment Low Frequency Transponder Revenue by Environment World Market: 2005 to 2011
- Contactless Payment High Frequency Transponder Revenue by Environment World Market: 2005 to 2011
- Contactless Payment Transponder Shipments by Region by Environment North America: 2005 to 2011
- Contactless Payment Transponder Shipments by Region by Environment Europe: 2005 to 2011
- Contactless Payment Transponder Shipments by Region by Environment Asia-Pacific: 2005 to 2011
- Contactless Payment Transponder Shipments by Region by Environment Rest of World: 2005 to 2011
- Contactless Payment Transponder Revenue by Region by Environment North America: 2005 to 2011
- Contactless Payment Transponder Revenue by Region by Environment Europe: 2005 to 2011
- Contactless Payment Transponder Revenue by Region by Environment Asia-Pacific: 2005 to 2011
- Contactless Payment Transponder Revenue by Region by Environment Rest of World: 2005 to 2011
- Contactless Payment Reader Shipments by Environment World Market: 2005 to 2011
- Contactless Payment Reader Revenue by Environment World Market: 2005 to 2011
- Contactless Payment Low-Frequency Reader Shipments by Environment World Market: 2005 to 2011
- Contactless Payment High-Frequency Reader Shipments by Environment World Market: 2005 to 2011
- Contactless Payment Low-Frequency Reader Revenue by Environment World Market: 2005 to 2011
- Contactless Payment High-Frequency Reader Revenue by Environment World Market: 2005 to 2011
- Contactless Payment Reader Shipments by Region by Environment North America: 2005 to 2011
- Contactless Payment Reader Shipments by Region by Environment Europe: 2005 to 2011
- Contactless Payment Reader Shipments by Region by Environment Asia-Pacific: 2005 to 2011
- Contactless Payment Reader Shipments by Region by Environment Rest of World: 2005 to 2011
- Contactless Payment Reader Revenue by Region by Environment North America: 2005 to 2011
- Contactless Payment Reader Revenue by Region by Environment Europe: 2005 to 2011
- Contactless Payment Reader Revenue by Region by Environment Asia-Pacific: 2005 to 2011
- Contactless Payment Reader Revenue by Region by Environment Rest of World: 2005 to 2011
- Contactless Payment Snap-On Reader Shipments by Environment World Market: 2005 to 2011
- Contactless Payment Fixed Reader Shipments by Environment World Market: 2005 to 2011
- Contactless Payment Snap-On Reader Revenue by Environment World Market: 2005 to 2011
- Contactless Payment Fixed Reader Revenue by Environment World Market: 2005 to 2011
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Number of Pages:
| 48 |
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Number of Tables, Charts and Figures:
| 55 |
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Deliverable Formats:
|   |
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Price:
| Login |
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Release Date:
| 4Q 2006 |
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