“The adoption of dual-interface chip technology will help prepare the US payment infrastructure for the arrival of NFC-based mobile payments by building the necessary infrastructure to accept and process chip transactions that support either a signature or PIN at the point of sale,” says the payments giant. More
Fraud
76% of young adults prepared to pay £5 a month for mobile banking
The ability to instantly block a lost or stolen card — a key feature of NFC payments services — topped the list of transactional features 18- to 26-year-olds would be prepared to pay for, a UK survey has found. More
Survey: Consumers need educating before they will switch to NFC and contactless
‘Providing shoppers with clearer information about contactless technology will be critical to improving knowledge and consumer adoption,’ says research from Ingenico. More
NFC Forum spec adds digital signatures to prevent tag tampering
The standards body has published an important draft specification that will enable developers to protect NFC tags in smart posters and other applications from being tampered with or replaced with an imposter tag. More