NFC World

One in three mobile phones to come with NFC by 2017

Berg Insight

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


NFC World

Gartner cuts NFC mobile payments forecast by 40%

Gartner

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





NFC World

Has NFC missed the mobile payments boat or will the industry rise to the cloud payments challenge?

In the April issue of Mobile Wallet Outlook the NFC World team examines why NFC is failing to gain traction in the mobile payments market, analyzes the range of cloud-based options available for those seeking to deliver mass market mobile wallets — and sets out in detail how MCX’s barcode and cloud-based wallet will work, when it’s likely to launch and who is already using the same approach today. More




NFC World

Eurosmart ups NFC SE forecast

250m NFC secure elements will be shipped in 2013, Eurosmart forecasts, up some 67% from the 150m units shipped in 2012 and an increase on the smart card trade body’s last estimation in November 2012... More






NFC World

MasterCard fights back against new payments players with increased transaction fees for digital wallets that don’t share data

MasterCard

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



NFC World

AccelerateNFC offers funding to startups

AccelerateNFC

A new startup incubator dedicated to NFC-based projects has announced it will be offering funding of US$5,000 per founder as well as mentoring, legal advice and work space support to individuals and teams with the best NFC business ideas... More



NFC World

Russian carriers plan NFC JV

Russia’s “Big Three” mobile network operators — MTS, Vimpelcom and MegaFon — are in discussions to create a joint venture company for the rollout of NFC services, Alexander Popovskiof, vice president of operations at MTS, has told Vedomosti... More


NFC World

GSMA honors KT and SK Telecom for NFC

SK Telecom and KT

Korean mobile network operators KT and SK Telecom have been named as the winners of the 2013 GSMA Chairman’s Award, the association’s most prestigious honour, in recognition of “their pioneering efforts and leadership in driving the adoption of SIM-based mobile near field communication (NFC) services”... More