China to introduce eIDs embedded in SIM cards — ECNS — “China is planning to embed personal identity information into SIM cards to better protect citizens’ private information, according to the country’s Ministry of Public Security (MPS)… When making transactions with SIM eIDs, citizens will no longer need to provide personal information, such as their names, address, phone number, and ID number, because online platforms will be able to verify the authenticity and validity of the eID.”
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
- Hello, NFCW readers!