A new research report by Sarah Clark, editor of NFC World, sets out the current state of play in the international NFC market, explains the critical factors for success, identifies the issues that remain to be resolved and analyses the opportunities for growth in the year ahead. More
A new survey from KPMG has found that 41% of shoppers now use their phone to research products and services in-store and consumers are increasingly willing to share data with advertisers if it saves them money — but concerns over mobile payments security and privacy issues remain. More
“2016 will mark the real start of money’s digital switchover in the UK,” says the boss of PayPal UK. “Children born today will become the UK’s first ‘cashless generation’. It will be completely natural for them to pay by mobile.” More
NFC-enabled mobile wallet solutions will become US consumers’ dominant mobile payments option for retail purchases while digital wallet applications will be most popular for mobile ecommerce payments, according to a new report from Parks Associates. More
The total redemption value of mobile coupons will exceed US$43 billion globally by 2016 — an eightfold increase from $5.4bn this year — as they are increasingly delivered by mobile apps, according to a new report from Juniper Research... More
Of the 552m NFC handsets set to ship in 2016, 227m will feature more than one secure element, according to a new forecast from ABI Research, pushing the value of the NFC chip market that year to more than US$1bn. More
“The risks to personal privacy must be addressed,” say the authors of a new London School of Economics report examining NFC privacy and regulation issues. “This is not only to protect against surveillance, but it is essential to ensure that there is confidence in the marketplaces that may yet emerge with widespread use of NFC.” More
More than US$100bn will be spent worldwide using NFC in 2016 according to NFC Mobile Payments, a new report from ABI Research... More
A total of 630m handsets, representing 40% of all mobile phones shipped, will come with NFC in 2015 and will drive transactions worth US$71bn, according to a new report by Informa Telecoms & Media... More
“The conditions are now right to create a strong market,” says Goode Intelligence which forecasts that the current global user base of four million mobile biometrics users will grow to 39 million by 2015. More
Mobile payments will represent 15% of all card transactions by 2013, and will overcome card volumes within 10 years if growth continues at the same rate, according to the World Payments Report 2011. More
A new survey has found that a third of Canadians would use a mobile wallet if it was provided to them by their bank — but there is less interest in mobile wallets provided by other potential types of issuer. More
85% of terminals shipped worldwide will be contactless-enabled in 2016, driven by increased proliferation of contactless cards and, especially, rapid adoption of NFC-enabled cell phones, ABI Research predicts... More
“NFC is a nascent industry in which all participants want to set up the conditions and obtain the greatest market share during the early stages,” new analysis from Frost & Sullivan has found. “However, NFC commercialisation will not take place if such approaches are taken.” More
More than US$8bn in transactions could be conducted in China using NFC phones by 2014, according to Mobile Payments in China, a new report by ABI Research... More
One billion payment cards with contactless capabilities will be shipped globally in 2016, up from just 170 million in 2010, according to Payment Cards, a new report from ABI Research... More
The value of payments made via mobile phones worldwide will reach US$670bn by 2015, up from $240bn this year, according to a new forecast by Juniper Research... More
NFC has truly arrived... More
NFC tops the list of new services that will drive 50% of British consumers to adopt mobile banking by 2014, new research from Monitise and the Future Foundation has found. More
News in brief from the NFC world and beyond: Twitter and Docomo add ‘touch and follow’ • Doubletwist shares songs with NFC • Airtag offers P2P loyalty • Lifera and Taztag tie up • Lockitron opens doors with NFC • DPT unveils NFC-enabled car park pay machine • SK C&C USA rebrands as CorFire • Bayer puts antennas into decorative films • Mobey Forum expands • and much more… More