Analysis by carrier-owned NFC mobile payments venture Isis of its pilot tests in the cities of Salt Lake City, Utah and Austin, Texas has found that more than 80% of transactions take place at everyday spend locations such as quick-service restaurants, coffee shops, gas stations, convenience stores and grocery shops... More
NFC mobile payments are to be available to consumers across the United States from “later this year” following successful pilots in Austin, Texas and Salt Lake City, Utah, the Isis joint venture between carriers AT&T Mobility, T-Mobile and Verizon Wireless has announced... More
Italian mobile network operator Wind has teamed up with banking group BNL BNP Paribas, payments processor SIA and MasterCard to test NFC payments... More
The NFC Forum has issued the Personal Health Device Communication (PHDC) Technical Specification and released two candidate specifications, Connection Handover 1.3 and Signature RTD 2.0... More
French banking group Société Générale is now offering an NFC payments service to customers in the city of Strasbourg and plans to roll out the service nationwide, using a TSM platform provided by Oberthur Technologies... More
Payments network China UnionPay has officially launched CUP Wallet, an NFC-based mobile wallet platform which eight Chinese banks have committed to supporting... More
Meat & Livestock Australia (MLA) has run an NFC-enabled outdoor advertising campaign in three cities, providing shoppers with different recipes depending on how warm the weather is... More
Cereal giant Post Foods has used promotional cards equipped with NFC tags and QR codes to enhance engagement with concertgoers at an event in Miami sponsored by its Honey Bunches of Oats breakfast cereal brand... More
Pet ID tag and platform provider PetHub has closed a Series A investment round taking its total funding so far to US$1.7m, the Puget Sound Business Journal reports... More
A total of 168m NFC controller ICs and 144m NFC secure element chips were shipped in 2012, according to ABI Research, and NXP topped the chip supplier list for both... More
Just over 950m mobile phone users worldwide are forecast to use their handsets for mobile ticketing by 2018, up from 458m this year, according to a new report from Juniper Research, but NFC ticketing will be slower to hit the mainstream than the analysts had previously expected... More
Weve, the mobile advertising and payments joint venture formed last year by UK mobile network operators Vodafone, EE and O2, aims to launch a mass market NFC payments service “by next year”, CEO David Sear has told the Financial Times... More
Between 2012 and 2017 the installed base of NFC-enabled handsets will increase at a compound annual growth rate of 65% to reach 2.1bn units, according to new research from Berg Insight. “The penetration rate for NFC across all handset segments will similarly increase to approximately 32% by 2017.” More
Worldwide mobile payment transaction values will reach US$235.4bn in 2013, a 44% increase on 2012’s $163.1bn, according to a new forecast from Gartner — but NFC transactions will account for a smaller than expected proportion of that total and the overall market value has also been reduced... More
The new service enables keys, certificates and NFC credentials to be stored securely in a remote location, rather than in the mobile device, is fully compatible with standard EMV contactless payments terminals and enables card issuers to deploy NFC solutions without the need to partner with mobile network operators or other third parties. More
Google CEO Larry Page has become personally involved in decisions surrounding the future direction of Google Wallet, AllThingsD reports, leading to the cancellation of plans to introduce a physical Google Wallet card and the departure of high profile product lead Osama Bedier... More
“The telcos keep on doing the same thing, they get arrogant and then they get disintermediated,” MasterCard’s Jorn Lambert has told The Australian Financial Review. More
“The HKMA will work with the industry to promote a fully interoperable and versatile platform to enable Hong Kong to enter into a new era of diversified retail payments,” says Peter Pang, deputy chief executive of the Hong Kong Monetary Authority. More
MasterCard’s move to increase the fees charged to “staged” digital wallets like PayPal could see a similar surcharge being applied by Visa... More
The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not. More