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How to get water from a (mobile) wallet. Your Contactless Intelligence Weekly News Review

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How to get water from a (mobile) wallet. Your Contactless Intelligence Weekly News Review
Contactless Intelligence Weekly News Review - Calendar Week 39
 

How to get water from a (mobile) wallet

Mark Zuckerberg is going to be the saviour of mankind by wiping out disease by the year 2100 and is willing to finance this through his vast wealth. That way we can all live forever under the gentle patronage of Overlord Zuckerberg. I say this because when someone announces something on this kind of scale, one cannot help but marvel at the arrogance of it all. Help people yes. Use technology to make the world a better place to live - check. Announce the use of your billions to help eradicate disease? God syndrome.

I am, and have always been, a firm believer in using technology to help mankind. I know, it’s a little difficult in our industry to imagine how much time we spend discussing contactless payments and mobile wallets - but occasionally we DO get to do some good. The charity workshops and contactless donations schemes are a good indicator of what can be done in the more developed regions of the world. But how would a mobile wallet bring benefits to those who are, perhaps, in need of clean drinking water?

Good question and the answer lies in an ATM that dispenses not money but water. Never heard of such a thing? Then let me enlighten you about a small news release that came my way this week concerning just those elements; clean drinking water, an ATM and a mobile wallet.

Ericsson is working with a Scandinavian company, Grundfos, to offer a solution that improves access and payments for drinking water. The collaboration helps connect mobile wallet providers and water service providers with the aim of simplifying access for the end consumer. It involves the Ericsson M-Commerce Interconnect that provides a global payments hub for mobile payment services, and the Grundfos AQtap, a water ATM that dispenses water and supports sustainable water management. The solution is expected to drive more efficient revenue collection with reduced cash management risks and overhead costs, and is now being deployed Kenya. 

Peter Todbjerg Hansen, Managing Director of Grundfos Lifelink said,”This is a perfect example of two global corporations integrating their technologies to offer a complete water ATM solution previously unknown to the world. It is now possible to pay for water with mobile money, and water revenue collection is safe and automated."

Just so the cynical amongst you don’t think this a way to take advantage of those less fortunate, know that the revenue collection plays an important part in securing reliable access to drinking water, as water supply points have been known to fail due to lack of funds, and capacity for operations and maintenance. Furthermore transparency and control of water price are critical to sustainable and pro-poor water supply services. Grundfos addresses this with automated and connected water kiosks, also known as water ATMs, that offer an integrated solution for dispensing and remotely managing water supply points in both rural and urban areas. The Ericsson M-Commerce Interconnect enables mobile wallet service providers globally to add the connected water kiosks as a new consumer utility service in their payments acceptance portfolio thereby helping to drive cashless transactions and usage of the mobile wallet

"The work that Ericsson is doing with Grundfos is crucial to reducing the cost and deployment times of these innovative ATMs that will deliver a more reliable water supply. It simplifies the payment process by taking cash out of the equation and our solution removes the need for water service providers to integrate with every mobile wallet provider used by people in the country. With Ericsson M-Commerce Interconnect, any mobile wallet service from any service provider in any region can be used to provide payment. Enabling access to water will support social and financial inclusion, and enable the sustainable development of local communities, potentially impacting millions of people. This is what we mean by Technology for Good,” commented Peter Heuman, Head of M-Commerce at Ericsson.

The scope of the collaboration is global, and is especially relevant in developing countries, where water service providers constantly strive to improve the efficiency and financial viability of water projects for better access to financing of water infrastructure maintenance and expansion. 

"With the AQtap water ATM and its revenue collection platform powered by mobile payment, our innovation can play a part in removing some of the key pain points around how water is paid for and revenue streams secured. This enables us to support water service providers in supplying citizens with sustainable access to water," concludes Peter Todbjerg Hansen.

It can sound strange that the further use of the mobile wallet can enable such objects as water-based ATMs to function but at least we can see another more humane role for the technology. Ultimately, however strange an idea, if it helps people then surely it’s not a bad thing? 

Just don’t expect to see one in the high street any time soon.

Steve Atkins
Contactless Intelligence

Brits trust banks more than the Government with their biometric data

Britons are placing their trust in banks over government agencies, according to new research from Visa to protect their biometric data such as fingerprints and iris scans. Consumers are nearly twice as likely to trust banks to store and keep their biometric information safe (60%), than they are to trust government agencies (33%).

When asked who they would trust to offer biometrics authentication as a service to confirm identity, the largest percentage selected banks (85%) and payment networks (81%) ahead of global online brands (70%), and smartphone companies (64%). This level of trust has grown significantly in the past two years, up by 20 percentage points from 65% in 2014, when the Visa Biometric Payments study was first conducted.

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imaginBank: Simpler banking for the digital age.

I don’t need an elaborate banking service with branches, passbooks, letters in the post, an annual financial review and a bank manager that knows my name. Interest? I don’t save enough to accrue any, or I put my money somewhere else. All I really want is an account that will accept my deposits, hold my money and release it when I want to make a payment or transfer. I don’t want to wait for transactions to appear on my balance or for transfers to clear. An automatic payment function would be useful, so I can settle my bills easily. But most important of all, I want to do everything, repeat everything, on my phone. Some exclusive offers and deals would be good too. That’s it.

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Valeo,
Gemalto
want to turn your mobile into a secure car key

Just imagine that your smartphone was also your car key. Not just a car key but a SECURE car key. It’s not so far-fetched an idea if you consider what automotive supplier Valeo is doing. They have just partnered with Gemalto to ensure the security of its virtual car key system called Valeo InBlue®. With Valeo InBlue, drivers can use their smartphone or connected watch to lock, unlock and start their car, control applications and remotely access useful vehicle data using Bluetooth.

This innovation is based on an on-board equipment, connected to a Smartphone Development Kit (SDK) hosting a secured virtual car key provided by the Valeo cloud-based platform.

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Lenovo and
BMCA launch contactless mobile transport service in China

OT (Oberthur Technologies) have announced the commercial launch of Lenovo Transit application with the electronic payment and settlement service provider BMAC (Beijing Municipal Administration and Communications Card Co.,Ltd.) on Lenovo X3 smartphones thanks to the eSE PEARL by OT®.

With OT’s NFC embedded Secure Element, end-users can now use their Lenovo X3 smartphone to install the Beijing Municipal Administration Traffic Card in their Lenovo Transit application and commute simply by waving their phone in front of contactless transit terminals. 

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Featured this week on Contactless Intelligence

Brits trust banks more than the Government with their biometric data https://t.co/IP8gmwlelr
imaginBank: Simpler banking for the digital age. https://t.co/HZIZpS1sXg
IBM, Bank of Tokyo-Mitsubishi UFJ to pilot blockchain for contract management… https://t.co/pJJsq7UJMT
Is Canada moving towards a cashless society? https://t.co/zbfQO7eSEx
Valeo and Gemalto want to turn your smartphone into a secure car key https://t.co/PmTxe6oHyr
Contactless POS transactions closing in on $500bn by 2017 https://t.co/ZdWuTPwB9g
Contis Group develops real-time contactless solution to combat fraud https://t.co/OAuclHxrDj
Lenovo and BMCA launch contactless mobile transport service in China with OT https://t.co/unH0spNzpt


Contactless Intelligence recommended reading

Cash is no longer king as cards take over, BRC figures show http://bit.ly/2ddiKZ9
Mastercard Teams Up with Stripe to Make Getting Paid Faster and Easier in Today’s Shareconomy http://mstr.cd/2cXeRrm
Jaxx blockchain wallet to add support for Litecoin, integration to go live in October http://bit.ly/2da6egt
PayPal Processes Real Growth Strategy for Virtual Payments http://bit.ly/2cXiRIm
JR East offers Suica on Apple Pay http://bit.ly/2cMICMx
Curve raises $3m to replace the wallet with a card and app http://bit.ly/2d7BXiM
Visa Gearing Up To Make Enhancements To Verified By Visa http://bit.ly/2dplRzV
FPC and Precise Biometrics Announce New Smartphone Integration http://bit.ly/2cMJoJt
Australian Businesses Slow To Adopt Mobile Payments Despite Strong Demand http://bit.ly/2cMJoJt
Leap cards can now be used for Dublin Bikes scheme http://bit.ly/2cTICeq
Bitcoin Is Money — For The Purposes Of Facing Criminal Charges http://bit.ly/2dpnopS
Accenture stirs up trouble with blockchain editing technique http://bit.ly/2dpmidU
4.5m debit or credit cards cancelled after fraud, study shows http://bit.ly/2clwEet
An 'Oyster card' for Kent buses is set to launch this month http://bit.ly/2cWLAyW
Apple loses further ground in battle to open NFC app to 3rd parties http://bit.ly/2cyUkum
Danish co-op pioneers with innovative mobile payment app http://bit.ly/2cXo3j5
MTN scraps mobile money business in South Africa http://bit.ly/2dpkvFm
Shopify launches new point-of-sale app for retail stores in U.K. http://bit.ly/2cF73OW
South Korea uses China's mobile payment apps http://bit.ly/2cXIb4x 
Fexserv launches Myney – Malta’s first mobile payment app http://bit.ly/2cKhgWk 
Growing M-Commerce and E-Commerce Industries Driving the Need for Secure Payment  http://bit.ly/2crWs7n 
Purchases with bankcards on the rise in Hungary http://bit.ly/2cKgRn2 
Mauritius Commercial Bank rolls out first Mastercard contactless payment solution in Mauritius http://bit.ly/2crXeAZ 
Travelport launches “Mobile Payment Solution” offering M-Pesa and Airtel Money transfer services in Kenya http://bit.ly/2cRv3sv 
Budapest Bank chooses SIA for new payment cards system http://bit.ly/2djnhJC 
Mashreq “TAP n GO” contactless payment offers discounts in supermarket and cafes across 200 stores http://bit.ly/2d3dBDu 
bmobile launches Mobile Money Revolution in Trinidad and Tobago http://bit.ly/2dmjkUk 
‘Swift’ smart card launch marks first multimodal ticket roll-out outside London http://bit.ly/2cT5JpC

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