“We’re making a big bet on it as a company,” says Stephanie Tilenius, Google’s VP of commerce and payments. “There is a lot of potential there.” More
Poland is set to roll out NFC-based payment services as early as the third quarter of 2011, according to Polish business publication Puls Biseznu... More
Google is working with MasterCard and Citigroup on the introduction of NFC mobile payments services, the Wall Street Journal reports:... More
OPINION: Interest in near field communication is gathering pace in the financial services sector, fuelled by the arrival of NFC-enabled microSD cards and a recognition that there is a business model to be found — so long as you look for it hard enough. More
‘This pilot provides insights which will prove crucial to getting the customer experience right as we, together with the industry, bring next-generation mobile financial services to market,’ says Citi. More
The financial services giant has partnered with Nokia, Vodafone, MasterCard and Vivotech to launch an NFC field trial in the Indian city of Bangalore. More
Participants recorded an average transaction amount of $20 during the small scale four month trial. More
Citi M1 Platinum Visa cardholders will be able to use their mobile phones to make contactless payments linked to their credit card account at any merchant equipped to handle Visa payWave contactless transactions. More
The contactless and NFC infrastructure specialist has been granted a broad patent covering the over-the-air provisioning of payments cards, loyalty cards and other non-payments cards to NFC phones — and has also secured an extra US$8.6m in funding. More
Citigroup says it is to run an NFC trial in the Indian city of Bangalore, with the aim of developing a business case that it can present to carriers back in the US. More
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